-
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….
-
The euro has surged 13% this year, unsettling exporters across Europe. A 10% euro rise can trim corporate profits by as much as 3%. Market watchers warn that further gains may prompt action from the ECB as earnings season begins.
-
INEOS completes £30m investment to switch Hull site to hydrogen. The conversion to hydrogen at the INEOS Hull site reduces carbon emissions by 75%, aiding manufacturers in lowering supply chain emissions. Hydrogen, seen as key for cleaner energy, faces production challenges….
-
California clarifies climate disclosure laws requirements for businesses. California’s Air Resources Board (CARB) has issued formal guidance to assist companies in meeting the state’s climate disclosure mandates. The guidance provides flexibility in reporting frameworks and data years, easing compliance for businesses….
-
The UK introduces a new AI audit standard. The British Standards Institution has launched the world’s first international certification standard for AI assurance, creating new benchmarks for independence, rigour, and global governance.
-
Petrobras appoints Angélica Laureano as Executive Director for Sustainability. Laureano, with 37 years at Petrobras, will lead the company’s energy transition efforts, focusing on decarbonisation and renewable energy. This appointment highlights Petrobras’ commitment to gender diversity in senior management….
-
Sol Systems secures $675 million for solar and storage projects. The U.S. clean energy firm will initially support 500 MW projects in Illinois, Ohio, and Texas, with completion expected by 2026. KKR Capital Markets led the financing arrangement….
-
The EU’s eighteenth sanctions package introduces a dynamic oil-price cap. The bloc’s latest measures target Russian oil revenue with a variable price ceiling, new import bans on third-country fuels, and an expanded blacklist of tankers and banks, as markets question the enforcement impact.
-
BP sells its onshore wind business to LS Power. The agreement is part of BP’s strategy to refocus on oil and gas. The sale includes 10 wind assets in the U.S. with a net capacity of 1.3 GW….
-
UK government invests £63 million to enhance EV infrastructure. The initiative aims to expand charging access, electrify NHS fleets, and improve signage, providing savings for public sectors and households while boosting public confidence in electric vehicles.