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Impact investment management firm Triodos Investment Management and market index provider STOXX announce the launch of the iSTOXX Triodos Developed Markets Impact Index, enabling institutional investors to construct impact-aligned portfolios. According to the companies, the new index was designed to serve as a benchmark for institutional investors looking to integrate positive and measurable sustainability and social impact into their investment approach, while minimizing the negative impact of their investments. Triodos and STOXX said that the new index comes as impact investing has gained traction in the institutional investor space in recent years, yet a lack of benchmarks has created challenges…
European Union Commissioner for Energy and Housing Dan Jørgensen and the energy ministers of the Baltic Energy Market Interconnection Plan (BEMIP) High-Level Group have signed a new memorandum of understanding (MOU) to intensify efforts to create a more unified energy market. “The parties pledged to work closely together in investing in and completing infrastructure projects and interconnections in the region”, the European Union said in an online statement. “They also committed to strengthening the internal energy market, promote energy efficiency while exploiting the growing potential of renewable energy”. Formed October 2008, BEMIP seeks to integrate the power and natural gas markets of countries…
Strategic Hire: Jean Rogers, founder of SASB and ex-Blackstone exec, joins Pegasus to drive sustainable investment growth in climate and infrastructure. Blended Finance Focus: She will help scale Article 9-aligned funds and lead investment strategy for major UN-backed climate and ocean funds. Emerging Markets Growth: Pegasus aims to create 20,000 jobs, deliver 1.8B kWh of clean energy, and cut 80M tons of emissions in the Global South. Jean Rogers, a leading voice in sustainable finance and former Blackstone executive, has joined Pegasus Capital Advisors as Senior Operating Advisor. Her appointment marks a strategic move by Pegasus to scale its impact…
In its latest short term energy outlook (STEO), which was released on May 6, the EIA raised its U.S. on-highway diesel fuel price forecast for 2025 and 2026. According to that STEO, the EIA expects the U.S. on-highway diesel fuel price to average $3.49 per gallon in 2025 and $3.54 per gallon in 2026. In its previous STEO, which was released in April, the EIA projected that the U.S. on-highway diesel fuel price would come in at $3.44 per gallon in 2025 and $3.53 per gallon in 2026. Both STEOs highlighted that the 2024 U.S. on-highway diesel fuel price averaged…
Brussels is drawing up plans to use trade tariffs and capital controls to maintain financial pressure on Russia, even if Hungary decides to use its veto to block an extension of the European Union’s sanctions regime, which lapses in July of this year. The European Commission has told ministers that a large part of the EU’s sanctions, which included freezing 200 billion euros ($224bn) of Russian assets, could be adapted to a new legal framework to bypass Budapest’s veto, according to the United Kingdom’s Financial Times newspaper. Viktor Orban, Hungary’s prime minister, has repeatedly held up EU boycotts on Moscow…
$18M tonne offtake deal sets global benchmark: One of the largest single-buyer carbon removal commitments ever, structured over 15–20 years. Corporate capital mobilization: Microsoft’s long-term offtakes are expected to unlock private investment for high-integrity, scalable climate projects. New evaluation framework launched: Jointly developed standards align with Microsoft’s science-based criteria and Rubicon’s rigorous due diligence protocols. Microsoft has signed a landmark framework agreement with Rubicon Carbon to purchase 18 million tonnes of high-quality nature-based carbon removal credits, in what is among the largest single-buyer carbon credit deals globally. Each transaction under this agreement will be structured as a 15- to 20-year…
Japan’s biggest oil refiners are following the latest trend among Big Oil to return to focus on fossil fuel supply.The top oil refiners in Japan have recently announced lower investments in low-carbon fuels, including ammonia and hydrogen, amid slower uptake and higher costs of green energy solutions, Reuters reports, citing company executives.For example, Eneos Holdings, the biggest refiner in crude import-dependent Japan, has seen costs for ammonia and green hydrogen soar and make capital expenditure (capex) planning more challenging, chief executive Tomohide Miyata said at a news conference this week.In its new medium-term strategy to 2028 unveiled this week, Eneos…
ESG-focused software analytics platform provider Datamaran announced the launch of Harbor, a new networking platform aimed at enabling sustainability professionals to connect with peers, access expert insights, and navigate the rapidly changing regulatory landscape. Founded in 2014, London-based Datamaran provides an AI-powered software analytics platform enabling companies to identify and monitor external risks, including ESG factors, offering real-time data on strategic, regulatory, and reputational risks, specific to users’ businesses and value chains. In 2024, Datamaran received a $33 million investment from Morgan Stanley’s late-stage growth equity private investment platform Morgan Stanley Expansion Capital. According to Datamaran, the new platform comes…
When examining the on-again, off-again tariff proclamations of United States President Donald Trump during his second term in office, it is unclear what has actually been achieved. What is clear is that Trump’s tariff announcements have roiled global markets, wiping out trillions in value, and leaving many businesses stumped on how to plan for the future amid the never-ending uncertainty. Within days of being sworn into office for his second term, Trump imposed 25-percent tariffs on Mexican and most Canadian imports and 10 percent on China, arguing they needed to do more to stem the flow of fentanyl and undocumented…
With warehouse space tight and delivery timelines shrinking, more shippers are turning to drop-trailer programs to streamline operations. Here, Sam Burkhan, CEO of ITF Group, breaks down how these programs work—and why they’re catching on fast. What’s RelatedThe logistics industry thrives on precision, efficiency, and timely operations. Drop-trailer programs offer a multifunctional solution for shippers grappling with increasing demands and mounting operational costs. These programs enhance operational efficiency and provide the flexibility that modern shippers need to adapt to fluctuating demands. What is a Drop-Trailer Program? A drop-trailer program allows carriers to drop off trailers at a shipper’s facility without…