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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….
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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….
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Clean energy workforce to double by 2030 in the UK. The UK government forecasts 400,000 new clean-energy jobs by 2030, supported by £50 billion in private investment since 2024. A national strategy includes new training colleges and labour protections to ensure high-quality jobs.
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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….
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The UK government has unveiled the “Sterling 20” initiative. It brings together 20 of the country’s largest pension funds to channel capital into domestic infrastructure, affordable housing, and high-growth sectors including AI. The move marks a coordinated effort to boost long-term investment in the British economy.
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China imported zero soybeans from the United States in September 2025. The absence of U.S. shipments — the first in seven years — highlights deepening trade frictions and a reordering of global agricultural supply chains.
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Kering will sell its beauty division to L’Oréal for €4 billion. The deal marks a strategic shift for the luxury group, which is refocusing on fashion and easing a debt load built up through recent acquisitions and property investments.
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Shadow energy secretary criticises Labour’s net zero targets as harmful. Claire Coutinho argues that the UK’s climate targets exacerbate the cost of living crisis, increase electricity costs, and drive jobs overseas, worsening emissions. She calls for a careful approach to China’s role in the energy sector.
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UK fintech industry body criticises banking watchdog over regulation. Innovate Finance’s report criticises the Prudential Regulation Authority for excessive requirements on challenger banks, claiming they hinder competition and innovation, despite government pledges to support financial services growth.
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Legal & General plans £2bn UK investment to create jobs. The FTSE 100 company aims to invest in infrastructure and housing, creating approximately 24,000 jobs. The initiative aligns with government efforts to boost regional growth through pension fund investments.