CBRE IM strengthens sustainability leadership CBRE Investment Management (CBRE IM) has named George Crone as Sustainability Lead for UK Direct Investments, reinforcing its commitment to achieving net-zero and advancing its...
What’s happening: The UK government is set to begin consultations on its zero-emission vehicle mandate, confirming the ambitious 2030 deadline for phasing out new petrol and diesel car sales. This...
Prime Minister Keir Starmer, speaking at COP29 in Baku, Azerbaijan, declared the UK’s intensified commitment to lead in the global clean energy transition. “Our mission to make Britain a clean...
ScottishPower has formalized a major £1 billion turbine supply contract with Siemens Gamesa for its East Anglia TWO offshore windfarm. The deal involves Siemens Gamesa providing 64 SG 14-236 DD...
The Climate Investment Funds (CIF) has launched its ambitious Capital Market Mechanism (CCMM) on the London Stock Exchange (LSE), designed to raise up to $75 billion (£58 billion) to finance...
The UK’s Department for Energy Security and Net Zero (DESNZ) and Westminster Council have launched a £1 billion heat network aimed at providing low-carbon heating to some of London’s most...
LGT Wealth Management, a top wealth manager in the UK, has appointed Phoebe Stone as its first Chief Sustainability Officer (UK), underscoring its commitment to sustainability and advancing its Net...
Ørsted has entered a strategic partnership with Brookfield Asset Management, its institutional affiliates, and Brookfield Renewable, who will acquire a 12.45% minority stake in four of Ørsted’s UK offshore wind...
Key Impact Points: The UK government has appointed Ruth Davis OBE as the country’s first Special Representative for Nature, signaling its commitment to addressing the global biodiversity crisis. This announcement...
Key Impact Points: Bond Pricing and Details On October 15, 2024, the World Bank priced a 10-year GBP-denominated benchmark bond, raising £700 million to support sustainable development activities in its...
Macquarie Group’s Managing Director and CEO, Shemara Wikramanayake, announced the Australian financial services group’s plan to invest £20 billion across its UK portfolio. A key highlight is the support for...
Doubling Down on Green Energy Spain’s Iberdrola, Europe’s largest electricity company, announced plans to double its UK investment to £24 billion ($31 billion) between 2024-2028. The move, ahead of the...
Key Impact Points: Plans to build the UK’s first deep coal mine in over three decades have been blocked by the High Court. The mine, proposed for Whitehaven in Cumbria,...
Key Impact Points: Strategic Investment in Carbon Capture The UK government has reaffirmed its commitment to combatting climate change by allocating up to £21.7 billion to carbon capture and storage...
Key Impact Points: Marriott Hotels UK is taking a significant step in sustainability by deploying Winnow AI technology across 53 hotels in the UK, Ireland, and Nordics. This innovative system...
Key Impact Points: BNP Paribas Asset Management (BNPP AM) has made a significant move by listing four ESG equity ETFs on the London Stock Exchange (LSE) for the first time....
Britain’s Final Chapter on Coal The UK’s last coal-fired power station, Ratcliffe-on-Soar, closed its doors on Monday, making Britain the first G7 nation to end its reliance on coal for...