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Christian Horner dismissed as Red Bull Racing team principal. Laurent Mekies takes over amid speculation surrounding Horner’s departure, following an internal scandal earlier this year. Red Bull’s recent performance issues may have influenced the decision.
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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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The UK Government pledges £92 billion for transport upgrades. The investment aims to boost economic growth, create 42,000 jobs, and improve journey times. It includes major road and rail projects across England and Wales, enhancing connectivity and supporting regional development.
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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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Apple appeals a €500 million EU fine over App Store rules. The company argues the penalty exceeds legal requirements, claiming imposed business terms harm both developers and consumers. The case tests the EU’s Digital Markets Act against Silicon Valley’s operational norms.
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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….
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One-third of global chip production is at drought risk. A new PwC report warns that climate-driven copper disruption could impact 32% of semiconductor capacity by 2035, with supply chains for electronics, cars, and clean energy facing compounding exposure as water-stressed mines falter.
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The Aldbrough Hydrogen Pathfinder secures UK planning consent milestone. ERM has facilitated planning consent for the UK’s inaugural hydrogen-to-power project, advancing the country’s clean energy goals and establishing a foundation for a comprehensive low-carbon hydrogen network.
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EU Commission simplifies Taxonomy rules to ease company burdens. The new measures reduce reporting requirements and exempt non-material activities, effective from 2026, to streamline sustainability reporting within the EU’s sustainable finance framework….
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Trump threatens tariffs on countries supporting BRICS policies. The warning was issued as BRICS leaders convened in Rio to discuss reforming global financial institutions and reducing reliance on the US dollar.