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California mandates climate risk reporting for large companies. New regulations require firms operating in California to disclose emissions and climate-related financial risks. The FAQ outlines compliance timelines, with initial reports due by January 2026….
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EFRAG proposes significant reduction in sustainability reporting requirements. The European Financial Reporting Advisory Group is considering changes to reduce data points in the European Sustainability Reporting Standards by two-thirds, eliminating voluntary disclosures. The draft proposal aims to simplify sustainability reporting under the EU’s CSRD regulation….
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London leads EMEA and ranks second globally for tech talent. The new Colliers report reveals five critical shifts reshaping international tech markets and talent flows.
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Frontier coalition secures $41 million carbon removal agreement. The agreement with Arbor enables the construction of a commercial-scale plant to remove 116,000 tons of CO2 by 2030, addressing both carbon removal and clean electricity needs for companies like Google and Shopify….
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A €400 million pension-fund move may decide a major bank takeover. Italian pension fund Enasarco’s surprise stake in Mediobanca has become the likely swing vote in Banca Monte dei Paschi di Siena’s €13 billion hostile bid, drawing scrutiny over governance, political influence, and sector strategy.
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Britain’s economy shrank 0.1 percent in May, marking two monthly declines. The latest official data showed manufacturing and construction weighed on growth despite a mild services uptick, pushing GDP further below expectations and raising questions over the UK’s near-term economic outlook.
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UL Solutions unveils new sustainability-focused software solutions. The company launched tools to manage supply chain emissions, meet ISSB reporting requirements, and plan renewable energy deployment, enhancing its ULTRUS platform to address complex sustainability and compliance challenges….
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Iberdrola and Masdar announce a €5.2 billion investment. The offshore wind project, East Anglia THREE, will power 1.3 million UK homes. This marks a milestone in their partnership, focusing on energy security and climate targets….
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Four individuals arrested in UK cyber attack investigation. A 17-year-old, two 19-year-olds, and a 20-year-old female were detained in the West Midlands and London in connection with attacks on M&S, Co-op, and Harrods, disrupting operations.
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ISS Sustainability Solutions launches climate risk report for investors. The new Sovereign Climate Impact Report allows investors to assess and manage climate transition risks in sovereign portfolios, providing tools for carbon footprinting and scenario alignment while supporting compliance with global climate disclosure standards….