Wells Fargo IN² Awards $250,000 to Three Startups Targeting Net Zero Buildings
Innovative Clean Tech Support: Wells Fargo’s Innovation Incubator (IN²) has awarded $250,000 in non-dilutive funding to three startups focused on decarbonizing buildings. Targeting Energy Efficiency: The startups aim to deploy scalable, drop-in technologies to improve energy efficiency and reduce emissions in commercial and residential buildings. Collaborative Development: Selected startups will work with the U.S. Department […]
HSBC Appoints Julian Wentzel as Interim Group Chief Sustainability Officer
Leadership Transition: Celine Herweijer steps down as Group Chief Sustainability Officer after advancing HSBC’s net zero strategy, paving the way for Julian Wentzel’s interim appointment. Strategic Realignment: HSBC’s decision follows its October governance restructuring, reducing executive roles from 18 to 12 to streamline decision-making. Sustainability Commitment: HSBC reaffirms its focus on supporting the global net […]
2nd Edition of the Middle East ESG Reporting & Data Summit: Snapshot
The Middle East ESG Reporting & Data Summit kicks off today, November 28, 2024, at the Hyatt Regency Dubai Creek Heights, bringing together professionals and thought leaders to explore critical developments in ESG (Environmental, Social, and Governance) practices. This summit will feature an impressive line-up of speakers representing organizations committed to advancing sustainability. Among the […]
Google Unveils First Mass Timber Office, Cutting Building Emissions by 96%
Google’s new office, 1265 Borregas, uses mass timber to reduce carbon emissions by 96% compared to traditional materials. Features include biophilic design for employee wellbeing, solar panels, and all-electric LEED Platinum certification. Three acres of pollinator-friendly native plants and public artwork enhance the community and environment. Google has announced the opening of 1265 Borregas, its […]
ExxonMobil to Expand Advanced Recycling Capacity to 1 Billion Pounds by 2027
$200 million investment to add advanced recycling units at Baytown and Beaumont sites in Texas. New facilities will boost ExxonMobil’s annual capacity to 500 million pounds, aiming for 1 billion pounds globally by 2027. Advanced recycling processes hard-to-recycle plastics, reducing waste and promoting circularity. ExxonMobil (NYSE: XOM) is investing over $200 million to expand its […]
