Tesla (TSLA stock) has signed a $556.8 million (¥4 billion) deal with China Kangfu International Leasing and the Shanghai government to build its first grid‑scale Megapack energy storage station in Shanghai. This project will use Tesla’s new Shanghai Megapack factory, which began production in February 2025. The goal is to provide utility-grade battery systems. These systems will […]
Coldplay is giving their music a sustainable twist. Warner Music Group said that the band is re-releasing all 10 of their studio albums on a brand-new format called EcoRecords, and they’re made entirely from recycled plastic bottles. These clear 140-gram records look and sound like regular vinyl, but they’re made with 100% recycled PET plastic […]
Canada-based Deep Sky, the first tech-agnostic Direct Air Capture (DAC) project developer, has signed a multi-year deal with Rubicon Carbon, a leader in carbon credit management. This agreement makes Deep Sky the first DAC provider in Rubicon Carbon’s curated credit portfolios. Additionally, the partnership speeds up permanent carbon removal solutions. setting a strong standard for […]
Goldman Sachs Asset Management (GSAM) has launched its new Emerging Markets Green and Social Bond Active UCITS ETF, known as GEMS. This ETF focuses on green and social bonds issued by both governments and companies in emerging markets. It has an expense ratio of 0.55%. This gives investors a cost-effective way to back environmental and […]
Palantir Technologies (NYSE: PLTR) has stood out among AI companies by achieving carbon neutrality across its global operations in 2024. Palantir is cutting emissions by 31% from its 2019 baseline. It offsets the rest with high-quality carbon credits. This achievement shows how software companies can lead in ESG even without making physical products. Its “product-first” […]
Investors are closely watching for companies that help track and manage climate data as the world focuses more on sustainability. One of the major names with potential in this space is BigBear.ai (NYSE:BBAI). BigBear.ai is not just a software company. It plays a behind-the-scenes role in supporting governments, firms, and ESG managers by making data […]
Vancouver-based Lundin Mining Corporation aims to rank among the world’s top ten copper producers. On June 18, during its Capital Markets Day, the company shared its goal of producing over 500,000 tonnes of copper and 550,000 ounces of gold each year. The plan includes major expansions at current sites and developing the Vicuña district, one […]
Lufthansa Group is taking a big step to cut emissions in business travel. It has partnered with Airbus to use Sustainable Aviation Fuel (SAF) for all domestic flights of Airbus employees in Germany. This collaboration, which started on June 1, is key to Lufthansa’s climate neutrality goals. The press release highlights that this partnership uses […]
TerraPower, the nuclear energy company founded by Bill Gates, has secured a major $650 million investment to advance its Natrium reactor. This funding round included support from Nvidia’s NVentures, Bill Gates, and HD Hyundai. It brings TerraPower’s private financing to over $1.4 billion. With $2 billion in federal support from the U.S. Department of Energy, […]