Glass Lewis will overhaul its research and voting recommendations. The firm plans to discontinue singular voting advice due to diverging investor priorities in the US and Europe, particularly on sustainability and corporate engagement, aiming for more customised approaches….

The EU proposes changes to its deforestation regulation. The European Commission has suggested amendments to the EU Deforestation Regulation, including reduced obligations for retailers and small companies, while maintaining plans for its enforcement by year-end, despite earlier proposals for a delay….

UNDO partners with Microsoft for significant carbon removal project. London-based UNDO will remove 28,900 tonnes of CO2 by 2036, using enhanced rock weathering, under a new agreement with Microsoft. This marks their third collaboration, supported by Canadian climate fund Inlandsis….

IMO delays adoption of global net-zero shipping framework. The International Maritime Organization’s decision to postpone the net-zero framework creates uncertainty in shipping decarbonisation efforts. Industry leaders, including Maersk, express disappointment as progress stalls on crucial climate measures….

UK unveils plan targeting 400,000 clean energy jobs by 2030. The Clean Energy Jobs Plan aims to meet rising demand in the green sector with initiatives for recruitment and training, prioritising occupations like electricians and welders, and ensuring competitive pay and conditions….

Return secures €300 million to expand European energy storage. The investment from Dutch pension fund manager APG aims to enhance Return’s battery energy storage platform, supporting the clean energy transition by efficiently managing renewable energy across Europe….

Apollo appoints ex-Nike CSO Jaycee Pribulsky as Chief Sustainability Officer. Pribulsky will lead Apollo’s sustainability strategy, focusing on risk management and long-term value creation. She succeeds Dave Stangis, who will transition to a senior advisor role in 2026….

Carbon Measures coalition to enhance carbon accounting frameworks. A coalition of leading companies aims to develop consistent carbon accounting standards to improve emissions tracking and differentiate products, facilitating informed policy decisions and accelerating the transition to a lower-carbon economy….

US banking regulators withdraw climate risk management framework for banks. The US Federal Reserve, FDIC, and OCC have rescinded climate-related financial risk management principles for large banks, citing existing risk management requirements. The decision reverses previous climate-focused initiatives….