Markets
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Apollo to acquire Kelvion from Triton in strategic deal. Global investment manager Apollo will acquire Kelvion, a German thermal management firm, from Triton. Kelvion is poised to address trends in data centre cooling and green technology….
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PwC UK unveils traffic-light dashboard to monitor office attendance. The tool uses data from badge swipes and Wi-Fi to flag low attendance, linking it to bonuses and reviews, while allowing exceptions for sickness and personal needs. Employees can view their own compliance levels in real time.
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Seaspan and Anew Climate partner to deliver renewable LNG. Seaspan Energy and Anew Climate have formed a strategic agreement to supply renewable liquefied natural gas (R-LNG) to shipowners on North America’s West Coast, aligning with international emissions reduction frameworks….
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Employee belief in employer climate action drops to 38%. Deloitte’s survey shows climate concerns influence decisions on investing, buying, working, and living. 65% view climate change as an emergency, with younger respondents more likely to agree….
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Equatic secures $11.6 million to scale carbon removal technology. The climate tech startup aims to expand its seawater electrolysis process for carbon removal and green hydrogen production, supported by new funding from Series A investors, including Temasek Trust and Kibo Invest….
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Trane Technologies launches BrainBox AI Lab for energy management. The new lab will focus on AI and HVAC advancements to enhance energy efficiency and sustainability, aiming to set new industry standards and drive digital transformation in building systems….
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Intercontinental Exchange expands climate risk data platform globally. The platform now includes data on physical and transition risks for over five million private companies, integrating geospatial intelligence and climate models with Dun & Bradstreet’s business data….
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Sustainability efforts face challenges amid regulatory and political shifts. Regulatory divergence and political changes complicate sustainability transitions, prompting businesses to reassess commitments. Collaboration between executives and policymakers is crucial to address fragmented landscapes and achieve meaningful decarbonisation progress….
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HMRC confirms AI use in monitoring taxpayers’ social media accounts. The tax authority employs AI tools for analysing online posts in criminal tax fraud cases, raising concerns among MPs about potential errors due to automated systems.
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Fortescue secures RMB 142 billion loan to support decarbonisation. The Australian iron ore company aims to advance its green technology initiatives, aligning with Chinese partners as the U.S. shifts away from green energy investments….