New CDP Report Shows Companies Can Earn 7x Return from Climate Action
Companies that act on climate risk data can achieve up to 21:1 returns on investment in risk mitigation, with an average ROI of 7:1 In 2024, 12% of disclosing companies unlocked $4.4 trillion in environmental opportunity value, with $13.2 trillion still untapped Firms in Japan and Canada lead in value per opportunity, with median gains […]
Energy Vault Secures $300M to Launch Asset Vault for 1.5GW Storage Projects
$300 million in non-dilutive preferred equity will unlock over $1 billion in capital expenditure for 1.5GW of global energy storage projects. New Asset Vault platform expected to generate over $100 million in recurring annual EBITDA within 3–4 years. Energy Vault will maintain control and execution of project design, construction, and long-term service contracts to strengthen […]
Fortescue Secures $2 Billion Yuan Loan to Advance Decarbonization Push
Fortescue has secured a 14.2 billion yuan ($1.98 billion) loan to fund its decarbonization strategy and general corporate purposes. The five-year syndicated loan is the first of its kind for an Australian company with unrestricted use of proceeds. The deal signals Fortescue’s strategic pivot towards China amid a U.S. pullback from green energy investment. Fortescue […]
Emerge, EDM Partner to Advance Solar Project Development and Financing in UAE
Emerge will identify solar project opportunities, with EDB offering tailored financing to support deployment. The collaboration aims to help commercial and industrial players reduce costs, increase resilience, and meet clean energy targets. The initiative aligns with the UAE’s broader push for Net Zero and industrial transformation through clean energy infrastructure. Emerge, the joint venture between […]
UBS Exits Net-Zero Banking Alliance Amid Broader Retreat by Global Banks
UBS has exited the Net-Zero Banking Alliance (NZBA), joining a growing list of major banks distancing themselves from the climate-focused initiative. The decision follows similar moves by Barclays, HSBC, JPMorgan, Citi, Morgan Stanley, Macquarie, and Bank of Montreal amid rising political and regulatory scrutiny. UBS says it has developed internal sustainability capabilities, reducing the need […]
