Tag: renewable energy

XTCC pioneers first Shariah-compliant carbon credit investment ecosystem

XTCC, an investment ecosystem that specialises in high-integrity carbon credits, has announced the launch of the first Shariah-compliant multi-currency asset class for high-integrity carbon credits.

CEOs and Investors align on ESG goals amid climate extremes, EY...

In response to the escalating challenges posed by climate change, business leaders globally are intensifying their commitment to sustainable practices. Despite another year marked by climate extremes—including severe heatwaves, droughts, and catastrophic floods that pushed the global average temperature to 1.48 degrees Celsius above pre-industrial levels—CEOs are steadfast in their efforts to decarbonize and achieve net zero emissions.

The European Commission answers questions about the 2040 climate target

The European Union is embarking on an ambitious journey to become the first climate-neutral continent by 2050, with a significant milestone set for 2040.

Europe sets the stage for green manufacturing revolution with net-zero industry...

The Council and the European Parliament have made a significant step forward by reaching a provisional agreement on the Net-Zero Industry Act (NZIA).

NatWest unveils innovative energy-saving tool for UK small businesses

NatWest, a prominent UK banking and financial services company, has introduced an innovative digital tool specifically designed to assist the nation's 5.5 million small businesses. This tool is geared towards helping these businesses save on their energy bills and reduce their carbon emissions, a crucial step especially during the winter months.

FinTechs failing to address carbon emissions despite helping others reduce theirs

The urgent need for sustainability is evident, with a staggering 69% of global consumers opting for eco-friendly products and services, as per IPSOS. Amidst this environmental awakening, the FinTech sector, while championing sustainable innovations, must also introspect and mitigate its own carbon emissions.

Future, a climate-positive FinTech, secures $6.5m for eco-friendly rewards expansion

Future, a climate-positive FinTech firm, has raised $6.5m in funding, contributed by a mix of new and existing investors.

Tenet raises $30m+ for ESG-driven growth of EV financing platform

Tenet Energy Inc. has revealed that it has closed a funding round of over $30m, as it looks to grow its industry-leading EV financing platform.

Energy analytics startup Amperon raises $20m

Amperon Holdings, a Houston-based energy analytics startup, has successfully secured $20m in Series B funding.

Skyward Specialty & eMaxx expand captives partnership

Skyward Specialty Insurance Group, Inc., a leading player in the specialty P&C market, and eMaxx, a tech-enabled specialty provider of commercial P&C insurance captive solutions and programs, have come together to expand their captives partnership.

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