CarbonCapture to supply Microsoft with direct air capture offsets
US climate tech company CarbonCapture has announced that its CO2 direct air capture (DAC) system is to provide Microsoft (NASDAQ:MSFT) with engineered carbon removal credits.
US climate tech company CarbonCapture has announced that its CO2 direct air capture (DAC) system is to provide Microsoft (NASDAQ:MSFT) with engineered carbon removal credits.
Malaysia's Bursa Carbon Exchange completed the nation’s inaugural carbon credit auction on 16 March 2023.
Puerto Rico’s Carbon.Credit has launched its bid to become a primary marketplace and advanced secondary market exchange for voluntary carbon credits and energy-related contracts.
Supply chains are already under significant pressure, but there's more to come. Tony Player, domain principal, supply chain at Anaplan, explores how companies need to prepare for climate change.
Global water security returns to the UN agenda with warnings that freshwater demand will outstrip supply by 2030, as CDP reports that companies including Apple (NASDAQ:APPL), Shell (NYSE:SHEL) and Tesla (NASDAQ:TSLA) are failing to report on water.
Private credit and growth equity/venture funds are lagging behind private equity investors on several major ESG fronts, including portfolio engagement and monitoring – even as private market investors continue to embrace ESG.
The Bezos Earth Fund announced $34.5 million in grants, as part of its $10 billion commitment to fight climate change and protect nature.
As expected, President Biden vetoed the Republican proposed resolution to overturn the ruling allowing US federal pension plans to consider ESG concerns in investment decisions.
British International Investment (BII) has announced a €20 million commitment to The Urban Resilience Fund (TURF), launched by Meridiam.
Companies need to understand the speed at which change will come, the cost of extreme weather, the impact on supply chains, the increase in regulation and the increasing concern about liabilities.