Greenbelt Capital Closes First Fund at $1B to Accelerate Energy Transition
Greenbelt Capital’s debut fund closes at its $1B hard cap—exceeding its $750M target. The fund targets investments driving energy, power, and infrastructure transformation. Greenbelt now manages $2.5B and has begun deploying capital into portfolio companies. Greenbelt Capital Partners, a private equity firm focused on advancing energy and infrastructure transformation, has closed its inaugural fund—Greenbelt Capital […]
EU Council Pushes Major Cutbacks to Sustainability Reporting and Due Diligence Rules
Smaller Company Relief: EU Council raises thresholds, cutting sustainability reporting burdens for up to 80% of firms. Due Diligence Scaled Back: CSDDD scope limited to companies with 5,000+ employees and €1.5B+ turnover, shifting to a risk-based approach. Transition Plan Delayed: Obligation for climate transition plans postponed by two years, with narrowed requirements. The EU Council […]
L’Oréal Launches €100M Innovation Accelerator to Scale Sustainable Beauty Solutions
L’Oréal’s new Sustainable Innovation Accelerator, backed by €100M over 5 years, targets seven critical sustainability areas in the beauty sector. In partnership with the University of Cambridge Institute for Sustainability Leadership (CISL), the program offers mentorship, pilot development, and potential investment. Startups, SMEs, and established companies have until September 30, 2025, to apply for the […]
LEGO Marks Three Years of Near-Zero Waste to Landfill in Global Manufacturing
96% of production waste reused, recycled, or recovered in 2024, with less than 1% sent to landfill for three consecutive years. Over 160 tons of waste eliminated through digital and process improvements in factories across Denmark, China, and Mexico. Innovative circular systems adopted, including supplier partnerships to reuse packaging cores, reducing cardboard waste by 39 […]
New York Orders First New Nuclear Plant to Support Clean Energy Grid
Zero-emission nuclear plant: NYPA to develop at least 1 GW of advanced nuclear capacity to boost grid reliability and meet climate goals. Strategic energy move: Initiative strengthens New York’s energy independence and complements renewable power deployment. Public-private partnerships encouraged: NYPA to collaborate with private sector, focusing on feasibility, financing, and site selection. Governor Kathy Hochul […]
