-
Sumitomo Corporation invests in CO₂ pipeline for UK decarbonisation. The £59.6 million pipeline will aid decarbonisation of cement and lime plants, contributing to the UK’s goal of capturing 50 million tonnes of CO₂ annually by 2035, and securing 13,000 jobs.
-
Veolia invests £70M in UK’s first PET tray recycling plant. The facility will process 80,000 tonnes of plastic annually, reducing carbon emissions by up to 70%. It will create over 130 permanent jobs, supporting regional development and sustainability.
-
Google reveals a 12% drop in data centre emissions. The 2025 Environmental Report shows Google reduced data centre emissions by 12% in 2024, despite increased energy usage. However, overall emissions grew due to a 20% rise in supply chain emissions….
-
Brillian UK, part of Constellation Software, has acquired Trakm8. The court-approved takeover values Trakm8 at £7.8 million, with delisting from AIM scheduled for 10 July. The 9.5p per share deal represents a 280% premium, underscoring continued overseas interest in UK vertical software assets.
-
EU ministers have approved Bulgaria’s accession to the eurozone. The country will become the 21st member on 1 January 2026. Bulgaria’s conversion rate is fixed, and dual pricing will start in August as the government aims to ease consumer transition and address inflation concerns.
-
Legal & General and Blackstone have agreed a major new partnership. The deal could see up to $20 billion of annuity premiums invested in US investment-grade private credit over five years, marking one of the largest cross-Atlantic insurance–asset management tie-ups in the sector.
-
The European Commission launches a nature credits roadmap initiative. The initiative aims to create a market for nature credits to support biodiversity. Farmers and foresters can fund eco-friendly practices, closing a €37 billion annual biodiversity funding gap in Europe….
-
Lancashire’s Audiebant has secured seven-figure NPIF II backing. The funding will drive global growth as the business scales its multilingual mass communications platform in Europe and North America, while also investing in patent-pending technology for critical safety alerts.
-
Clarity AI acquires ecolytiq to enhance climate engagement solutions. Clarity AI aims to bolster its climate engagement capabilities for global banking institutions through the acquisition of ecolytiq, a firm specialising in climate engagement solutions for financial services….
-
EU lawmakers reject deforestation benchmarking system in key regulation. The European Parliament’s decision may delay the EU Deforestation Regulation, aimed at preventing deforestation-linked products on EU markets, as concerns over outdated data and insufficient risk categories persist….