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EcoVadis launches Worker Voice Connect for workplace grievance reporting. The new digital tool enables workers to report concerns anonymously, addressing gaps in current grievance mechanisms focused more on corruption or compliance rather than human rights or working conditions….
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Longevity Partners appoints Jessica Francisco as new CEO. The consultancy, focusing on energy and sustainability, welcomes Francisco, formerly of Cushman & Wakefield, as Etienne Cadestin steps down. Cadestin will remain as Founder and Board Member, influencing strategic direction….
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Tokyo issues bonds to fund climate resilience initiatives. The Tokyo Metropolitan Government plans to raise JPY 50 billion to fund climate resilience projects. The bonds will support the TOKYO Resilience Project, focusing on adapting to and mitigating the impacts of natural disasters….
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UK regulators will shorten bonus deferrals for senior bankers. The Prudential Regulation Authority and Financial Conduct Authority will reduce the deferral period from eight to four years, aligning UK rules more closely with international standards.
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Class 3 Technologies secures $3.5 million to advance climate risk tools. The funding aims to expand its Iris software, which uses engineering-based modelling to assess building vulnerabilities, offering property stakeholders precise data for resilience planning….
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Primož Dolenc urged patience on monetary policy. The acting Slovenian central bank governor said the European Central Bank should only cut interest rates further if fresh economic shocks hit the euro area, warning that premature easing could unsettle inflation expectations and financial stability.
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UK GDP inched up by 0.1 per cent in August. Modest gains in services and manufacturing helped offset July’s contraction, suggesting a stabilising economy ahead of next month’s Budget. Economists warned, however, that fragile demand and tight credit conditions continue to limit the scope for faster growth.
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Brookfield Asset Management partners with Bloom Energy for AI data centres. Brookfield plans to invest up to $5 billion in deploying Bloom Energy’s fuel cell technology across its global AI data centres to address the rising power demand with efficient, scalable solutions….
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South Korea mandates sustainable aviation fuel for flights by 2027. The new roadmap requires international flights to use sustainable aviation fuel, increasing its blend over time, aiming to decarbonise aviation. SAF producers claim potential emissions reductions of up to 85%….
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Greenly launches EcoPilot to streamline carbon accounting for companies. The platform automates data processing and integrates emission modelling features to aid sustainability efforts. Reports comply with major frameworks, enhancing companies’ climate strategies through advanced AI and language models….