Sustainability
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Exxon seeks US backing against EU’s sustainability directive. The oil major has urged Washington to pressure Brussels over sweeping new rules that mandate supply chain due diligence on human rights and environmental impacts, warning that the penalties could deter investment across Europe.
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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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UK green energy tariffs decline sharply amid cost of living crisis. Green energy deals have dropped from 85% to 18% of the market due to rising costs, with consumers prioritising affordability over sustainability. Suppliers now focus on balancing green credentials with consumer expectations.
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The UK targets halving sewage pollution by 2030. The Environment Secretary announced a commitment to reduce sewage pollution from water companies by 50% by 2030, addressing public concerns over pollution and governance in the water sector.
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One-third of global chip production is at drought risk. A new PwC report warns that climate-driven copper disruption could impact 32% of semiconductor capacity by 2035, with supply chains for electronics, cars, and clean energy facing compounding exposure as water-stressed mines falter.
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A new study finds biosolutions could create 604,000 European jobs. The Amsterdam Data Collective report, commissioned by Novonesis, outlines how bio-based technologies could unlock €133 billion in value for the EU and UK by 2035, but warns that policy reform is critical for global competitiveness.
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UK supply chain at risk amid subsidy standoff.
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Budget proposals and tax reform push raise alarm across clean-energy sector, with project pipelines and factory investments at risk.
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Purchasing managers are vulnerable to greenwashing, finds research from Aalto University School of Business.
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A new climate finance bill aims to tax fossil fuel firms, superyachts, and private jets to fund flood defences and home insulation.