ESG in 5 - Market Update & Sustainability News - 03-06-2025
- Anthony Walters
- Jun 3
- 2 min read
Updated: Jun 3
Welcome to the 3 June edition of Clever’s ESG in 5, your weekly market update and sustainability news, a concise weekly roundup of global sustainability progress and innovation. This week, we spotlight Microsoft’s expanding climate commitments—from soil carbon credits to low-carbon cement—alongside OMV’s major green hydrogen investment and TotalEnergies’ largest European solar project. Together, these developments signal meaningful momentum in the global push toward a lower-carbon future.
Microsoft Purchases 60,000 Soil Carbon Credits.
Sustainable agriculture solutions provider, Indigo Ag, and Microsoft have announced their second carbon removal agreement, with a new commitment from Microsoft to purchase 60,000 soil carbon credits generated through the promotion of regenerative agriculture practices by U.S. farmers.
Indigo helps farmers adopt regenerative agriculture practices including cover crops, diversified crop rotation, reduced tillage and improved nitrogen timing, that enrich soil while sequestering carbon dioxide.
OMV to Build One of the Largest Green Hydrogen Plants in Europe.
Vienna-based integrated chemicals company OMV has announced that it has made a final decision to invest “a mid-three-digit million-euro sum” to build a 140 MW green hydrogen electrolysis facility in Lower Austria.
According to the company, the new green hydrogen plant will be one of the largest of its kind in Europe and will supply its nearby Schwechat refinery with an expected CO2 emissions reduction of approximately 150,000 tons per year.
Green hydrogen is viewed as one of the key building blocks of the transition to a cleaner energy future, particularly for industrial and transport sectors with difficult to abate emissions, in which renewable energy solutions such as wind or solar are less practical.
Microsoft Buys Over 600,000 Tons of Green Cement to Help Build Sustainable Materials Market.
Microsoft has announced that it has signed an agreement with Sublime Systems to buy more than 600,000 tons of low-carbon cement, with the purchase agreement aimed at helping the technology giant address its carbon footprint.
Cement production is a significant contributor to global greenhouse gas emissions, and one of the more difficult sectors to decarbonise. Cement currently accounts for approximately 8% of global carbon dioxide emissions, with over 900 kg of CO2 emissions generated for every 1,000 kg of material produced.
TotalEnergies Commissions its Largest Solar Project in Europe.
France-based energy giant TotalEnergies announced that it has inaugurated its largest solar power plant cluster in Europe, consisting of five projects near Seville, Spain, with a total installed capacity of 263 MW.
According to TotalEnergies, the new solar projects will produce 515 GWh per year of renewable electricity, equivalent to the consumption of over 150,000 Spanish households.
The company added that the projects will avoid 245,000 tons of CO2 emissions annually.
Sources.
Anthony Walters - Head of ESG at Clever Adviser Technology Ltd (Clever)
Data sourced from FE FundInfo (quoted in Pounds Sterling)
Microsoft Purchases 60,000 Soil Carbon Credits from Sustainable Farming Solutions Provider Indigo, by ESG Today, 30/05/25
OMV to Build One of the Largest Green Hydrogen Plants in Europe by ESG Today, 29/05/25
Microsoft Buys Over 600,000 Tons of Green Cement to Help Build Sustainable Materials Market, by ESG Today, 28/05/25
TotalEnergies Commissions its Largest Solar Project in Europe, by ESG News, 27/05/25