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BNP Paribas launches fund targeting sustainable environmental infrastructure projects. The BNPP Environmental Infrastructure Income Fund aims to capitalise on investments in key sectors like power, water, and transport, focusing on Europe and the US to enhance infrastructure resilience….
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Electra forms new agreements to reduce steel carbon footprint. Colorado-based Electra’s innovative low-temperature iron refining process will aid global steel companies and Meta in cutting emissions, supported by new funding and strategic partnerships….
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Apple faces a new antitrust complaint in Brussels. Filed by civil rights groups, the complaint alleges Apple’s App Store rules breach the EU’s Digital Markets Act, potentially worsening regulatory issues for the tech giant.
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Airbus and Cathay Group partner to scale sustainable aviation fuel. The partnership involves a $70 million investment to boost SAF production in Asia and globally, aiming to reduce aviation emissions. Airbus and Cathay will identify projects with commercial potential to increase SAF availability….
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India and the United States are nearing a major trade deal. The agreement, first reported by Mint, would cut U.S. tariffs on Indian exports from about 50% to between 15% and 16% — the most substantial adjustment to trade terms between the two countries in more than a decade.
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TotalEnergies and Colas renew partnership to decarbonise construction. The collaboration focuses on multi-energy solutions, electric charging infrastructure, and solar power facilities to reduce carbon emissions in the construction sector, supporting TotalEnergies’ and Colas’s decarbonisation goals by 2030….
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Morrisons to close 103 UK outlets to streamline operations. Morrisons will close cafés, florists, pharmacies, and convenience stores to optimise operations amid rising costs and focus on core growth areas. Profit recovery noted, but challenges persist with energy, staffing, and regulatory expenses.
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GHG Protocol launches consultations on Scope 2 guidance updates. The initiative seeks to refine emission reporting methods for purchased electricity, enhancing accuracy and alignment with evolving energy systems. Consultations will remain open until 19 December….
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CDP and GRI launch tool for aligned climate disclosures. The GRI-CDP mapping tool helps companies align climate and energy data requirements, enhancing reporting consistency and reducing duplication. This initiative improves communication and eases the reporting burden for organisations….
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Glass Lewis will overhaul its research and voting recommendations. The firm plans to discontinue singular voting advice due to diverging investor priorities in the US and Europe, particularly on sustainability and corporate engagement, aiming for more customised approaches….