Vale to Receive $1 Billion from Global Infrastructure Partners in Alianca Energia JV Deal
Vale to receive ~$1B in cash by selling 70% of Alianca Energia to Global Infrastructure Partners. Joint venture will consolidate key renewable assets: Sol do Cerrado solar plant and Risoleta Neves hydro plant. Move strengthens Vale’s energy transition strategy and unlocks capital for core mining operations. Vale partners with GIP in $1B renewable energy joint […]
Meta Backs Climate-Smart Forestry in New Deal with EFM for 676,000 Tonnes of Carbon Removals
Long-term vision: Meta signs 10-year deal with EFM to purchase 676,000 carbon removal credits tied to climate-smart forest management. Forestry transformation: EFM’s shift of 68,000-acre Olympic Rainforest from industrial logging to sustainable practices will unlock over 1 million tonnes of CO₂ removals. Strategic climate finance: Deal de-risks EFM’s acquisition and transition efforts, reinforcing Meta’s net […]
78% of Global Companies Now Link Executive Pay to Sustainability, KPMG Study Finds
78% of major global companies now integrate sustainability metrics into board-level pay packages. 88% align ESG targets in pay to material sustainability topics like emissions, workforce diversity, and safety. 37% include ESG metrics in both short- and long-term incentives, with EU firms leading in long-term integration. Tying executive compensation to sustainability isn’t just a governance […]
