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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.
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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….
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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….
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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….
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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the EU Deforestation Regulation, aimed at preventing deforestation-linked products on EU markets, as concerns over outdated data and insufficient risk categories persist….
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Microsoft signs a major carbon removal deal with Copenhagen Infrastructure Partners. The agreement involves capturing nearly 3 million tonnes of carbon through a waste-to-energy facility in Denmark, marking a significant step in Microsoft’s environmental strategy….
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UK commits £12 million to enhance disaster risk finance. The funding aims to expedite responses to climate shocks in vulnerable countries, reducing recovery costs. This move is part of the UK’s strategy to become a leader in sustainable finance.
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California’s climate disclosure laws advance amid firm deadlines. The California Air Resources Board has emphasised that companies must prepare for upcoming reporting requirements, with the first public workshop highlighting the importance of meeting these deadlines to ensure compliance….
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ESMA issues guidance to prevent greenwashing in sustainability claims. The European Securities and Markets Authority has released a thematic note advising market participants on sustainability-related claims, focusing on ensuring these are accurate, accessible, substantiated, and up to date, to mitigate greenwashing risks….
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CapitaLand Investment launches framework to measure green investment value. The Singapore-based firm’s Return on Sustainability framework quantifies financial benefits of eco-friendly spending, integrating environmental and commercial outcomes for informed decision-making and capital allocation….