Entries by carbonfund

Uber’s Billion-Dollar Ride to Bigger Profits in Q1 and Zero Emissions by 2040

Uber Technologies Inc. kicked off 2025 with strong financial results, reflecting both business growth and effective cost management. Beyond its financial success, Uber is advancing its sustainability goals, with targets to become fully zero-emission by 2040.  The company is committed to supporting EV adoption and switching to sustainable packaging. It also continues its broader Environmental, […]

Microsoft Expands Carbon Removal Partnership with Stockholm Exergi

Microsoft has made significant strides in its sustainability initiatives by expanding its partnership with Stockholm Exergi to a groundbreaking $1.4 billion agreement focused on carbon dioxide removal (CDR). Microsoft Enhances Carbon Removal Commitment via Expanded Partnership with Stockholm Exergi This enhanced collaboration is not only set to capture 800,000 tonnes of CO₂ annually starting in […]

The Rise of Sustainable Investing: Why It Is Winning Over Young Investors (and Big Money)

Sustainable investing has gained tremendous traction, with younger investors leading the charge. A recent Morgan Stanley report shows that 84% of U.S. individual investors are interested in sustainable investing. Among Millennials and Gen Z, this interest jumps to 85%. This trend highlights a big shift in financial priorities, as younger investors want their strategies to […]

Big Pharma Showdown: Novartis vs. AstraZeneca in Q1 2025 Profits and Emissions Cuts

In the first quarter of 2025, pharmaceutical giants Novartis and AstraZeneca posted impressive financial results. Both were driven by strong drug performance and strategic investments. At the same time, each firm made notable strides in reducing carbon emissions and pushing toward ambitious sustainability targets. This head-to-head comparison looks at their Q1 2025 financial performance and […]

VCMI’s New Scope 3 Code: Flexibility or Risk in Carbon Credit Use?

The Voluntary Carbon Markets Integrity Initiative (VCMI) has introduced a new code to guide how companies can handle Scope 3 emissions—the indirect emissions from a company’s value chain. Called the Scope 3 Action Code of Practice, the proposal allows companies to use high-quality carbon credits to help address gaps in their Scope 3 targets.  This […]