Global
-
ESMA issues guidance to prevent greenwashing in sustainability claims. The European Securities and Markets Authority has released a thematic note advising market participants on sustainability-related claims, focusing on ensuring these are accurate, accessible, substantiated, and up to date, to mitigate greenwashing risks….
-
Apple appeals a €500 million EU fine over App Store rules. The company argues the penalty exceeds legal requirements, claiming imposed business terms harm both developers and consumers. The case tests the EU’s Digital Markets Act against Silicon Valley’s operational norms.
-
CapitaLand Investment launches framework to measure green investment value. The Singapore-based firm’s Return on Sustainability framework quantifies financial benefits of eco-friendly spending, integrating environmental and commercial outcomes for informed decision-making and capital allocation….
-
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.
-
The Aldbrough Hydrogen Pathfinder secures UK planning consent milestone. ERM has facilitated planning consent for the UK’s inaugural hydrogen-to-power project, advancing the country’s clean energy goals and establishing a foundation for a comprehensive low-carbon hydrogen network.
-
EU Commission simplifies Taxonomy rules to ease company burdens. The new measures reduce reporting requirements and exempt non-material activities, effective from 2026, to streamline sustainability reporting within the EU’s sustainable finance framework….
-
Trump threatens tariffs on countries supporting BRICS policies. The warning was issued as BRICS leaders convened in Rio to discuss reforming global financial institutions and reducing reliance on the US dollar.
-
Mars launches $250 million fund for sustainability innovation. The Mars Sustainability Investment Fund aims to support solutions addressing sustainability challenges in agriculture, ingredients, and packaging, while the company progresses towards its goal to halve carbon emissions by 2030….
-
UK hospitality sector loses 69,000 jobs due to tax hikes. The Office for National Statistics reports the sharpest peacetime job cuts outside the pandemic, prompting concerns over government tax policies threatening the industry. A letter to the prime minister highlights these challenges.
-
Tesla’s UK sales see modest rebound in June. The electric vehicle market in the UK recorded robust growth, though Tesla’s performance for the year remains slightly down, with a 1.3% decline in registrations from January to June 2025.