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Europe is losing climate ground, warns the bloc’s first commissioner. Former EU climate chief Connie Hedegaard has warned that political and corporate complacency is eroding the European Union’s environmental leadership. Her remarks follow a series of policy rollbacks and investor concerns over the credibility of Europe’s net zero transition.
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Whistleblowing reform in the UK remains a slow process. Francesca Titus examines the gaps in the Office of the Whistleblower Bill, from insufficient protections to missing financial incentives, and asks what companies should be doing now to prepare for a new era of corporate accountability.
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Google partners with Kairos Power and TVA on nuclear energy. The collaboration aims to supply Google’s data centres with clean energy, boosting the Hermes 2 plant’s output to 50 MW. This initiative supports Google’s target of 500 MW by 2035….
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Revised sustainability rules could hinder ECB’s climate risk management. ECB President Christine Lagarde has expressed concerns that changes to European sustainability reporting could undermine the bank’s capacity to manage climate risks effectively. Lawmakers are set to discuss these proposed adjustments….
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BlackRock’s GIP acquires a stake in Eni’s carbon capture. The acquisition of a 49.99% stake in Eni’s CCUS business by BlackRock’s Global Infrastructure Partners is part of Eni’s strategy to attract investment for energy transition projects and reduce emissions….
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UK chief executive pay has reached a record high. Median FTSE 100 CEO pay rose 6.8 percent to £4.58 million in the past year, according to the High Pay Centre, widening the gap with average workers as shareholder scrutiny and calls for governance reform intensify.
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California court upholds laws on corporate climate disclosures. A U.S. District Judge rejected a motion challenging California’s climate disclosure laws, which require large companies to report emissions and climate risks. The plaintiffs may appeal, with trial set for October 2026….
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Prefer raises $4.2 million to launch sustainable coffee and cocoa. Singapore-based Prefer has secured funding to introduce eco-friendly coffee and cocoa powders. The start-up aims to provide cost-effective, low-emission alternatives for the food industry, enhancing sustainability and supply chain resilience….
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Assent launches EU Deforestation Regulation compliance solution for manufacturers. The new solution aids manufacturers in meeting due diligence requirements under the EU’s regulation, which aims to prevent deforestation-linked products from entering the market, ensuring compliance with environmental standards by 2025….
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Sustainability-linked loans show progress in addressing integrity issues. The FCA’s review highlights improvements in sustainability-linked loans, noting better alignment of targets with borrowers’ business models and increased scrutiny, but also points out challenges in pricing mechanisms and market scalability….