Global
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Deutsche Bank appoints Esra Turk as Global Head of Sustainable Finance. The bank’s investment division has significantly contributed to its sustainable finance volumes, with Turk’s extensive experience in emerging markets poised to enhance Deutsche Bank’s global efforts….
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Macquarie to acquire renewable energy firm Erova Energy. The acquisition aims to expand Erova’s platform internationally, leveraging Macquarie’s financial strength and market access to enhance renewable asset optimisation services. Erova specialises in wind, solar, waste-to-energy, and battery storage solutions….
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Mizuho Financial Group acquires Augusta & Co to enhance services. The acquisition aims to bolster Mizuho’s M&A advisory platform and energy credentials, leveraging Augusta’s expertise in renewable and energy transition advisory to support clients in transitioning to a low-carbon economy….
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Deutsche Bank reports record sustainable finance quarter in Q2 2025. The bank achieved over €28 billion in sustainable finance, nearing its €500 billion target by 2025. With cumulative volumes at €417 billion, it must exceed results in H2….
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AI giants are beating estimates while airlines and food brands struggle. The second-quarter earnings season has revealed a sharp divergence, with firms like Alphabet and IBM reaping AI gains, while consumer-facing businesses report weakening demand and rising costs.
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Kimberly-Clark UK signs green hydrogen deal to cut emissions. The company partners with Carlton Power and HYRO to invest £125 million in green hydrogen infrastructure at its UK sites. This initiative aims to reduce greenhouse gas emissions by 80% by 2027, enhancing sustainability efforts….
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ICJ releases advisory opinion on states’ climate change obligations. The International Court of Justice has clarified that nations must reduce greenhouse gas emissions and adapt to climate change under international law, potentially requiring wealthier countries to compensate those most affected by climate change….
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Standard Chartered launches Sustainable Escrow and Account Bank solution. The initiative assists clients in integrating sustainability into cash management by aligning funds with the bank’s sustainable loans and projects, enhancing its suite of sustainability-focused financial solutions….
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EU seeks input on new environmental legislation simplification proposal. The European Commission aims to streamline environmental laws and reduce administrative burdens in areas such as circular economy, industrial emissions, and waste management, enhancing effectiveness while maintaining environmental protection….
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UK vehicle production hits 70-year low amid industry challenges. Car output fell 7.3% and van production plunged 45%, impacted by factory closures and uncertainty over US tariffs. The government’s EV grant scheme lacks clarity, hindering recovery efforts.