Luxury fashion conglomerate Kering has unveiled a comprehensive “Water Positive Strategy” designed to reduce water-related risks across its supply chain and contribute to a net positive water impact by 2050. The company, whose portfolio includes high-end labels such as Gucci, Saint Laurent, Bottega Veneta, and Balenciaga, aims to deliver measurable improvements in the availability and…
Italian energy company Eni and the UK Government have reached financial close on the Liverpool Bay Carbon Capture and Storage (CCS) project, paving the way for full-scale construction to begin in 2025. The project, which lies at the heart of the HyNet industrial decarbonisation cluster in North West England and North Wales, is a key…
The UK government has unveiled a set of six proposed “integrity principles” aimed at strengthening the credibility and effectiveness of carbon and nature credit markets. The initiative, now open for public consultation until 10 July 2025, is part of a broader strategy to position the UK as a global leader in green finance and to…
The UK government introduces legislation to reinforce diversity and inclusion efforts, countering trends of DEI rollbacks observed in other countries.
British International Investment (BII), the UK’s development finance institution, has launched a new set of guidelines to help fund managers operating in emerging markets set and implement credible net-zero targets. The initiative is designed to align with global climate goals and provide practical tools specifically tailored to the regulatory and operational contexts of developing economies.…
The UK government has announced a significant softening of its Zero Emission Vehicle (ZEV) Mandate, in an effort to shield the domestic automotive industry from the effects of punitive new tariffs imposed by former US President Donald Trump. The move comes amid mounting global trade tensions, with the US recently introducing a 25% levy on…
The UK has launched a pioneering set of nature investment standards designed to strengthen the integrity of green finance and position the country as a global leader in environmental restoration. Published by the British Standards Institution (BSI), the new Overarching Principles Standard—known as BSI Flex 701—is the first government-backed framework of its kind anywhere in…
China to Launch First Sovereign Green Yuan Bonds in the UK, Raising $829 Million China is set to issue its first-ever overseas sovereign green bonds in yuan, selecting London as the listing venue in a move that both underscores its climate ambitions and strengthens financial ties with the United Kingdom. The Chinese Ministry of Finance…
The UK government has unveiled a £1.8 billion investment package aimed at improving energy efficiency in up to 170,000 homes across England, with a particular focus on low-income and social housing residents. The initiative, delivered through the Warm Homes Plan, is designed to help households cut energy bills and reduce carbon emissions in support of…
M&G Investments’ climate-focused fund range has been awarded the UK’s new ‘Sustainability Improvers’ label, underscoring the firm’s ongoing commitment to responsible investing and climate action. The designation, part of the UK Financial Conduct Authority’s (FCA) new Sustainability Disclosure Requirements (SDR) and investment labelling regime, is designed to bring greater clarity and transparency to green investment…