ESG in 5 Sustainability News - 22-07-2025
- Anthony Walters
- Jul 21
- 3 min read
This week’s ESG headlines highlight major strides in clean energy and decarbonisation. INEOS makes a bold move toward hydrogen-powered chemical production in the UK, while Palo Alto Networks doubles down on carbon removal tech. In the US, Sol Systems secures a massive funding deal to scale solar and storage projects, and the UK government unveils a £63 million push to boost EV infrastructure.
INEOS Invests $40 Million to Decarbonise UK Chemical Site.
Chemical company INEOS announced that it has completed a £30 million investment at its Hull manufacturing site, converting the facility to run on hydrogen instead of natural gas, resulting in a 75% reduction in carbon emissions.
The INEOS Acetyls business in Hull is the largest producer of acetic acid, acetic anhydride and ethyl acetate in Europe. Acetic acid is a broadly utilised chemical, used in the production of food preservatives, and to make goods such as ink, pharmaceuticals, and household cleaning products.
Palo Alto Networks Signs Deal for 10,000 Tons of Carbon Removal with Oxy’s 1PointFive.
Palo Alto Networks have purchased 10,000 tons of carbon dioxide removal (CDR) credits, from1PointFive, over five years.
The credits will be generated using direct air capture (DAC) technology from 1PointFive’s STRATOS facility, which is set to come online this year in Texas. Captured CO2 will be permanently stored through saline sequestration, underscoring the growing adoption of durable carbon removal solutions.
The new agreement will support Palo Alto Network’s climate strategy, which includes a goal to achieve net zero by 2040 through 90% emissions reductions across Scopes 1, 2 and 3, and to mitigate any remaining emissions through carbon removal investments.
Sol Systems Secures $675 Million to Fund Solar & Storage Projects Across US.
US clean energy developer, Sol Systems, has secured a $675 million revolving construction finance facility, aimed at supporting the buildout of a portfolio of solar and storage projects.
Founded in 2008, Sol Systems develops, owns and operates clean energy projects across the US, with projects spanning 7 GW across 38 states.
The company said that the new facility will initially back 500 MW of solar and storage projects across Illinois, Ohio, and Texas, by funding construction loans, tax equity bridge loans, and letters of credit. The projects are expected to come online by the end of 2026.
UK Launches £63M EV Infrastructure Boost to Expand Access.
Drivers, businesses, and the public sector across the UK are set to benefit from a new £63 million government investment aimed at accelerating the electric vehicle (EV) transition, cutting charging costs, and expanding access nationwide. The package is a major pillar of the government’s Plan for Change, designed to grow the economy, lower household costs, and drive job creation through clean transport. The plan includes £25m for home chargers and £8m for the electrification of NHS fleets.
View this week's Market Review for more industry updates here
Author.
Sources.
INEOS Invests $40 Million to Decarbonize UK Chemical Site, by Mark Segal, ESG Today, 21/07/25
Palo Alto Networks Signs Deal for 10,000 Tons of Carbon Removal with Oxy’s 1PointFive, by Emmanuela Hawker, 18/07/2025
Sol Systems Secures $675 Million to Fund Solar & Storage Projects Across US, by Mark Segal, ESG Today, 21/07/25
UK Launches £63M EV Infrastructure Boost to Expand Access, Cut Costs, and Power NHS Fleet Transition, by ESG News, 18/07/2025
