Northvolt signs 'largest' European gigafactory green loan
Northvolt has secured a $5 billion green loan to expand capacity at its "circular" battery manufacturing site in Sweden. It is believed to be the largest green loan for a 'gigafactory' in Europe to date.
NZBA grows to 136 banks as 'milestone' targets date looms
The Net Zero Banking Alliance (NZBA) has seen its membership triple to 136 since it launched in 2021, with 90% of those required to set their initial targets already having done so ahead of a key targets deadline next year.
US IRA set to 'trigger' global sustainable investment
The huge US Inflation Reduction Act (IRA) should prove a "catalyst" for global sustainable investment, as other regions respond to the anti-competitive US government support with their own programmes, Standard Chartered has said.
Standard Chartered sets absolute oil and gas emissions reductions target
Standard Chartered has set a target to reduce its 'absolute' financed emissions for the oil and gas sector by 29% by 2030.