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Brookfield raises $20 billion for clean energy transition fund. The Brookfield Global Transition Fund II exceeded its fundraising target, marking a record in private clean energy transition funds. The new fund has secured significant co-investment, bringing the total capital raised to $23.5 billion….
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ISO launches a new standard for biodiversity impact assessment. The standard aims to help organisations address biodiversity impacts and dependencies, responding to growing pressures. It offers a structured framework to integrate biodiversity into strategies and operations….
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Mars announces a major solar energy initiative in Poland. The company has partnered with GoldenPeaks Capital to develop over 100 solar projects, marking its first European venture under the Renewable Acceleration programme aimed at reducing its carbon footprint….
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Nuveen appoints Costas Papamantellos as Head of Energy Transition Investments. The appointment aligns with Nuveen’s launch of a Global Infrastructure Investment Platform, integrating several infrastructure-focused teams to enhance their clean energy initiatives. Papamantellos previously held senior roles at RWE….
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The European Commission delays sustainability reporting standards for non-EU firms. The delay is part of an effort to reduce regulatory burdens on companies and follows proposals to alter various EU regulations, impacting sustainability reporting requirements for non-EU entities….
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Many firms deploying AI have suffered losses before gains emerge. A new EY survey of 975 executives shows cumulative AI-risk losses of around US $4.4 billion, largely from compliance failures, biased models, and sustainability setbacks. But companies with mature responsible AI practices report stronger business outcomes.
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Royal Bank of Scotland will launch IP-backed loans in 2026, following new legislation enabling lenders to accept intellectual property as collateral. The move is designed to unlock growth finance for Scotland’s technology and innovation sectors, helping high-growth businesses access capital without relying on physical assets.
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ESG is now seen as essential for business success. Business leaders globally recognise the intrinsic link between environmental and social factors and financial performance, integrating ESG into core strategies despite economic uncertainties, and showing increased confidence in meeting net-zero targets….
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Jaguar Land Rover’s production pause has disrupted the UK automotive supply chain. Directors seeking emergency funding are being urged to check their exposure to personal guarantees, as rising finance pressures put smaller suppliers at risk.
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Deloitte, one of the prominent Big Four accounting firms, will provide a partial refund to the Australian federal government after a report revealed inaccuracies linked to AI usage. Ordered by the Department of Employment and Workplace Relations (DEWR) in December 2024, the report sought to assess a specific compliance framework alongside its IT system. The…