Global investment in energy transition technologies reached an all-time high of $2.1 trillion in 2024, according to BloombergNEF. This marked an 11% increase from the previous year, driven by EVs, renewable energy, and advanced grid infrastructure. While the record-breaking investment highlights growing momentum toward cleaner energy solutions, experts caution that current funding levels fall far […]
Aluminum is everywhere, from cars to cans, but its production is a major carbon polluter. With global aluminum demand soaring, Rio Tinto and Hydro will $45 million in carbon capture tech to cut emissions. Could this be the breakthrough the industry needs? The Carbon Footprint of Aluminum: A Heavyweight Problem Aluminum production accounts for about […]
Carbon credit projects are gaining significant attention as businesses aim to reduce greenhouse gas (GHG) emissions while maintaining profitability. These projects offer a pathway for companies to offset emissions, improve sustainability, and tap into new revenue streams. But how do they do that? This guide explores the types, benefits, challenges, and future trends of carbon […]
The global energy sector is in transition, with major oil companies under pressure to cut emissions while staying profitable. Shell, Chevron, and ExxonMobil—three of the world’s biggest energy giants—are taking different paths to navigate this shift. Their latest earnings reveal how each company is balancing investments in oil, gas, and low-carbon initiatives. While some struggle […]
Microsoft, a major buyer of carbon credits, is investing again in forest carbon removal projects. The tech giant has signed a long-term agreement with Chestnut Carbon, based in New York. Chestnut is known for developing nature-based carbon removal credits. Through this partnership, Microsoft will get more than 7 million tons of carbon credits. These credits […]
Visa and Mastercard, processing billions of payment transactions yearly, reported strong financial growth in 2025, driven by rising payment volumes and cross-border transactions. However, their massive operations generate significant carbon emissions, pushing them to adopt sustainability and net zero strategies. How do they balance profit and sustainability? This article uncovers Visa and Mastercard’s financial strength […]
Northern Trust is making a bold move in the voluntary carbon market (VCM) with its innovative digital platform, The Northern Trust Carbon Ecosystem. This groundbreaking system enables project developers to generate, verify, and transact voluntary carbon credits in near real-time, improving efficiency and transparency in the carbon credit lifecycle. Northern Trust is a global financial […]
Apple revealed its fiscal 2025 first-quarter results on Thursday, showcasing a positive performance. The company reported $124.3 billion in quarterly revenue, marking a 4% increase compared to the same period last year. Additionally, diluted earnings per share rose by 10%, reaching $2.40. Tim Cook, Apple’s CEO said, “Today Apple is reporting our best quarter ever, […]
Nornickel, Russia’s largest mining company, and the world’s leading nickel producer announced its consolidated production results for nickel in 2024. The company exceeded its production guidance for this metal which was driven by operational efficiency improvements and capital upgrades. Nornickel’s Nickel Production Exceeds All Expectations In 2024, Nornickel produced 205 kt of nickel, slightly above […]