News
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UK integrates greenhouse gas removals into Emissions Trading Scheme. The integration of greenhouse gas removals into the UK Emissions Trading Scheme aims to address hard-to-abate emissions, enhance market efficiency, and support the country’s net zero targets by 2050. It includes engineered removals and potential woodland additions….
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SBTi launches Financial Institutions Net-Zero Standard for banks. The standard requires banks to set net-zero targets for lending, investing, and insurance, ending new fossil fuel financing immediately and fossil fuel expansion financing by 2030….
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Osapiens expands into UK market with €35 million investment. The sustainability software provider aims to create over 150 roles to assist firms in meeting compliance needs amid potential new UK sustainability reporting standards. The move follows a significant capital raise last year….
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Makersite raises €60 million to enhance sustainable product design. The funding supports the development of its AI-powered platform, aiding manufacturers in creating greener, safer, and cost-effective products while meeting regulatory standards and improving supply chain resilience….
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Stellantis projects a €2.3 billion loss amid global challenges. The automotive giant cites new US trade tariffs, declining European demand, and the cancellation of its hydrogen programme as key factors contributing to the anticipated financial setback.
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British Business Bank has returned to profit with £144 million. The state-owned lender facilitated £6.8 billion in SME finance last year, aided by stronger venture valuations, increased guarantee demand, and a Treasury capital boost to £25.6 billion.
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UK ETS to include engineered greenhouse gas removals by 2029. The UK Government plans to integrate engineered greenhouse gas removals into the Emissions Trading Scheme by 2029, maintaining market stability with robust standards and a cautious approach to woodland-based removals.
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Compass Group has acquired Vermaat in a €1.5bn cash deal. The acquisition boosts European exposure, lifts guidance, and signals continued sector consolidation in premium food services.
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A quarter of CMOs lost customers to martech errors last year. Poor implementation, disconnected systems, and AI issues are undermining campaigns and brand trust, says new IMG research.
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Sustainability is seen as a key value driver. A Morgan Stanley survey of over 330 companies highlights sustainability as a critical element for value creation, with 88% of executives recognising its impact. Companies are increasingly adept at measuring sustainability ROI, enhancing strategic capital allocation….