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Category: ESG United Kingdom
The 704 megawatt Revolution Wind offshore project has begun delivering electricity to the New England grid, adding a major new source of renewable power to a region facing rising energy...
Aon plc has appointed veteran sustainable investment leader Sindhu Krishna as partner and head of sustainability for its UK Investment Consulting business, reinforcing the firm’s push to expand climate and...
Net Zero Costs Reframed In New Economic Analysis A new analysis from the UK’s Climate Change Committee (CCC) concludes that the economic cost of reaching Net Zero by 2050 may...
A new cross industry framework designed to define what constitutes a genuine net zero carbon building has formally launched in the UK, offering the property sector its first unified benchmark...
London has formally embedded the global sustainability reporting baseline into its domestic framework, publishing final versions of UK Sustainability Reporting Standards S1 and S2 and opening the door to mandatory...
British International Investment (BII), the UK’s development finance institution and impact investor, has surpassed its $1 billion climate finance commitment for India under its 2022–2026 strategy, confirming $1.1 billion deployed...
London Rebalances Climate Commitments and Energy Security NatWest has softened key elements of its fossil fuel lending framework, reopening financing channels for parts of the oil and gas sector in...
London Pushes Aviation Beyond Mandate London’s Heathrow Airport is expanding its Sustainable Aviation Fuel incentive programme for a fifth consecutive year, setting a target that exceeds the UK government’s mandate...
London Moves Toward Global Sustainability Reporting Alignment The Financial Conduct Authority has launched a consultation that could reshape how listed companies disclose sustainability risks, proposing new requirements tied to the...
Iberdrola has moved to deepen its role in reshaping the United Kingdom’s electricity system, awarding a $2.5 billion contract for the Eastern Green Link 4 submarine interconnector. The project will...
The UK has awarded £181,000 in government funding (about $225,000) to four sustainable aviation fuel innovators to accelerate testing, certification and commercialisation of next-generation fuels. The awards, issued through the...
At the Future of the North Seas Summit in Hamburg, European leaders agreed to drive a new generation of hybrid offshore projects designed to link dozens of gigawatts of wind...
SSEN Transmission has secured a £1bn ($1.27bn), 12 year syndicated bank facility backed by an £800m financial guarantee from the UK Government’s National Wealth Fund, marking one of the most...
• Masdar has begun commercial operations at a 20MW battery storage facility in Stockport, marking the first completed project under its £1 billion ($1.27 Billion) UK battery investment.• Two additional...
• Iberdrola’s UK subsidiary ScottishPower approved to invest €14B in new transmission infrastructure through 2031.• Largest grid investment in Iberdrola’s history; supports Clean Power 2030 Plan and triples spending from...
• The UK has added nuclear energy to its green financing framework, allowing green gilt proceeds to fund nuclear projects from November 27.• The shift comes amid diverging views from...
• England’s water utilities have issued £10.5 billion in green bonds since 2017, yet sector-wide environmental performance deteriorated last year.• Major issuers Anglian Water (£3.5 billion) and Thames Water (£3.1...
• The Science Based Targets initiative (SBTi) released its second draft of the Corporate Net-Zero Standard V2 for public consultation, open from November 6 to December 8.• The revision aims...
• LEED v5 is now open for certification, introducing new decarbonization and resilience benchmarks for global building projects.• Updated tools and guides aim to simplify project planning, certification, and integration...
• $6.5 billion investment for a 50% stake in the world’s largest offshore wind project• Project to deliver 2.9 GW of renewable power, enough for over 3 million UK homes•...
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