Author: omc_admin

AI-Driven Insights: The Sustainability Atlas uses generative AI to deliver actionable sustainability intelligence for leaders and policymakers. Global Comparability: Offers cross-geography analysis on sustainability risks and opportunities, enhancing regional strategy decisions. Sector-Specific Utility: Enables deep dives into industry challenges across energy, finance, manufacturing, and more. Infosys and Economist Impact have launched The Sustainability Atlas, an AI-powered decision-making tool designed to help businesses and policymakers advance their sustainability strategies with data-backed precision. Built on Infosys Topaz, a generative AI suite, the Atlas draws from 18 Economist Impact indices, over 1,700 indicators, and 500+ expert reports to offer streamlined, trustworthy insights into…

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(Oil Price) – The Rockefeller Foundation is launching a Coal to Clean Credit Initiative (CCCI), with which it will aim to support 60 projects by 2030 to help close coal-fired power plants in developing countries. As part of the first efforts of the new initiative, the Rockefeller Foundation will collaborate with ACEN Corporation, GenZero, Keppel, and Mitsubishi for a pilot project in the Philippines, the foundation said on Wednesday. The Rockefeller Foundation, set up by John D. Rockefeller in 1913, said back in 2020 that it had decided to divest from fossil fuels and not make any new investment in the industry. The Rockefeller Foundation…

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Google commits early-stage capital to support three 600MW advanced nuclear sites in the U.S. Elementl targets over 10 GW of clean energy by 2035 through strategic utility and technology partnerships. Agreement fast-tracks nuclear innovation to meet rising AI energy demands and corporate net-zero goals. Elementl Power Inc. has signed a strategic agreement with Google to advance the development of three advanced nuclear energy sites across the U.S., marking a major step toward deploying next-generation baseload power. As part of the deal, Google will provide early-stage development capital to support each site, which is expected to generate at least 600 megawatts…

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Germany’s wind and solar power output has slumped to the lowest in ten years since the start of the year, at just 80 TWh over the first four months of 2025, data from climate think tank Ember has shown.As a result, Europe’s biggest economy has ramped up gas and coal generation by 10% from a year ago, with the share of hydrocarbons in its energy mix rising to the highest in seven years.The main reason for the drop in wind and solar generation was low wind speed, which hit total wind power output hard: generation was down 31% on the…

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Carmakers gain flexibility: Compliance will be measured over 2025–2027, not annually, easing pressure during the EV transition. Regulatory clarity secured: The Council fully endorsed the European Commission’s proposal with no amendments. Fast-track adoption likely: European Parliament vote on May 8 may result in swift enactment, pending legal review. The Council of the European Union has endorsed a key amendment to CO₂ emissions regulations for new passenger cars and vans, granting automakers a more flexible path to meet 2025 emissions targets. Under the approved mandate, compliance will be assessed as a three-year average across 2025, 2026, and 2027, instead of annually.…

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Electrovaya Inc., a leading lithium-ion battery technology and manufacturing company, announces that it has commenced battery system assembly operations at its Jamestown, New York facility. These operations will continue to expand with growth in demand for Electrovaya’s battery systems and as the Company gets closer to starting its lithium ion cell and module production which is estimated to begin in mid 2026. In preparation for the cell and module manufacturing plans, Electrovaya has thus far placed over $40 million worth of capital equipment orders. The capital for this investment will be drawn from a recently closed…

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The British postal service is testing out two 19-tonne electric heavy goods vehicles (HGVs) to assess their performance compared to Royal Mail’s existing fleet of traditional trucks and lorries. The service is already set to deploy over 7000 small and medium-sized electric vans by 2027, but this will be the first time that it tests out larger electric vehicles. The vehicles in question will be Magtec MEV190 electric trucks. These 19-tonne trucks are geared towards urban and regional deliveries, and will be used to ship post and parcels between Royal Mail delivery depots. In that regard, they are testing their…

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Dräger Marine & Offshore (DMO), a global leader in the field of safety technology, has secured a long-term deal with a major North Sea oil and gas operator. Due to run for five-years, with a further two one-year extension options, the extension of the existing supply contract means more than 10 UK North Sea assets will continue to benefit from Dräger’s industry leading portable gas detection and breathing apparatus systems. Building on an existing decade-long relationship – which has previously covered the provision of products and training services – this partnership cements DMO’s reputation as a leading provider…

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Microsoft locks in up to 3 million nature-based carbon credits through a long-term offtake and fund investment with EFM. First U.S. forestry investment by Microsoft’s Climate Innovation Fund, backing EFM Fund IV to scale climate-smart forest management. Deal raises the bar for Improved Forest Management (IFM) projects, enhancing forest carbon storage, biodiversity, and local economic benefits. Microsoft has entered a landmark agreement with forest investment and management firm EFM to secure up to 3 million nature-based carbon removal credits as part of its broader effort to become carbon negative by 2030. The multi-faceted deal includes a long-term offtake agreement for…

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Microsoft announced a new multi-year offtake agreement with forest investment and management firm EFM, providing access to up to 3 million nature-based carbon removal credits from EFM’s investment platform. Launched in 2004, Portland, Oregon-based EFM is a real estate asset manager focused on investing in natural climate solutions across the Americas. EFM’s approach includes using climate-smart management approaches to its investments in forests, farms, and ecosystems to create carbon sinks, protect water and biodiversity, improve recreational access, and support rural livelihoods. Its revenue stream includes carbon credits and conservation easements alongside income from traditional forest products. Under the new agreement,…

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