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Position Green acquires Factlines to enhance sustainability platform. The acquisition aims to bolster Position Green’s comprehensive sustainability platform, integrating supply chain transparency and human rights due diligence capabilities to meet growing corporate and regulatory demands….
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Think tanks urge tax reform to boost productivity and fairness. A coalition of think tanks has proposed sweeping tax reforms aimed at enhancing productivity and fairness. The report calls for rationalising the tax system and suggests changes such as abolishing stamp duty and adjusting council tax valuations.
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Apollo to acquire a 50% stake in Hornsea 3 wind farm. Global investment manager Apollo will invest $6.5 billion to acquire half of the UK’s Hornsea 3 offshore wind farm from Ørsted, enhancing its renewable energy portfolio and supporting UK energy transition….
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Engie and Apple sign a renewable energy agreement in Italy. Engie will develop 173 MW of solar and wind capacity in southern Italy, with Apple receiving 80% of the output. This project supports Apple’s sustainability goals….
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Denominator acquires Equileap to enhance human capital data offerings. The acquisition aims to create a leader in human capital data, integrating Equileap’s gender equality metrics with Denominator’s comprehensive database, serving major global asset managers….
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US State Attorneys General challenge EU sustainability regulations. Sixteen Attorneys General have urged major US companies to disregard EU sustainability laws, citing potential legal risks in the US. The initiative is part of a broader push against ESG regulations….
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Apollo Funds invests $6.5 billion in Hornsea 3 wind project. The investment will fund a 50% stake in the world’s largest offshore wind project, boosting UK energy security and supporting net-zero targets while providing power to over 3 million homes.
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One in three SME loans now puts directors’ homes at risk. New data from Purbeck Insurance Services reveals a sharp rise in personal guarantee-backed borrowing among UK business owners, prompting fresh warnings over financial exposure and calls for government clarity ahead of the next fiscal statement.
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Companies must adopt diverse carbon credit strategies for net zero. A balanced carbon credit portfolio should include reductions and removals, adapting to new science and policy. Collaboration and expert guidance can enhance corporate climate strategies effectively….
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OpenAI secures $38 billion AWS deal for AI infrastructure. The agreement grants OpenAI access to extensive computing resources, marking a shift from Microsoft Azure and highlighting the fierce competition among cloud providers in the AI sector.