Rio Tinto partners with Calix on green iron plant project. The collaboration includes a A$35 million investment in a green iron demonstration plant, pausing Rio Tinto’s BioIron project. The new plant will use electric heating and hydrogen reduction….
EU Parliament votes to reduce sustainability reporting and due diligence. The European Parliament has voted to significantly reduce coverage under the Corporate Sustainability Reporting Directive and the Corporate Sustainability Due Diligence Directive, eliminating the requirement for companies to prepare climate transition plans….
Google and TotalEnergies signed a renewable energy PPA. Google will receive 1.5 TWh of renewable electricity from TotalEnergies’ Montpelier solar farm in Ohio to support its data centre operations, aligning with its 2030 carbon-free energy goals….
ECB fines Spanish bank ABANCA over climate risk compliance failures. The European Central Bank has imposed penalties on ABANCA for not adhering to climate risk management requirements, marking the first such fine. The penalties follow ECB’s intensified focus on climate risks in banking….
Salesforce launches new initiatives focused on sustainable water usage. The CRM provider’s efforts include enhancing data centre sustainability, investing in watershed resilience in Brazil and Mexico, and scaling its blue carbon initiatives to mitigate environmental impacts….
ICMA releases new Climate Transition Bonds guidance for high-emission sectors. The guidance enables high-emission sectors to finance transition projects.
Women hold just 18% of board roles in tech scale-ups. Despite near-universal support for diverse boards, more than a third of the UK’s fastest-growing technology companies have no female representation at board level, according to new research from Think & Grow.
Workplace wellbeing is no longer a peripheral concern. Sarah McIntosh, CEO of Mental Health First Aid England, argues that supporting employee mental health is both a moral and business imperative. As poor wellbeing drives record economic inactivity, new standards aim to make mental health a boardroom priority.
Forbion raises €200 million for sustainable biotech investments. The Netherlands-based venture capital firm Forbion has secured €200 million for its Forbion BioEconomy Fund I, exceeding its €150 million target. The fund focuses on biology-based industrial sustainability solutions across Europe and North America….
Sustaira launches industry-specific sustainability suites to aid sector challenges. Sustaira has introduced new sustainability solutions tailored to seven industries, including Industrial and Finance. These suites aim to address sector-specific sustainability challenges, offering a modular approach to decarbonization and climate risk management….