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Tag: UK
Airbus Targets Deep Emissions Cuts Across UK Operations Siemens has signed a strategic contract with Airbus to decarbonize three of the aerospace manufacturer’s largest industrial sites in the United Kingdom...
• Highland Spring Group to deploy Altruistiq’s product footprinting platform across its operations until 2028.• Agreement will enable real-time cradle-to-gate carbon data for hundreds of SKUs, strengthening regulatory compliance and...
London greenlights flagship CCS contracts Britain has signed contracts for two commercial-scale carbon capture and storage (CCS) projects, a step aimed at curbing emissions from some of the country’s most...
Madrid strategy sets course for next decade Iberdrola, Europe’s largest utility, unveiled a sweeping €110 billion ($120 billion) investment plan through 2031, cementing its shift away from risk-heavy renewable generation...
A new study from sustainability software firm osapiens shows that over two-thirds of UK companies view sustainability reporting not just as a compliance requirement, but as a driver of innovation...
Asda has launched a sustainability-linked supply chain finance program with Lloyds, offering UK suppliers improved payment terms and rates tied directly to their sustainability performance. Under the scheme, suppliers who...
The UK has launched a public consultation on new draft Transition Finance Guidelines, a framework designed to unlock capital for high-emitting industries and position the country as a global hub...
The UK’s Financial Conduct Authority (FCA) says the sustainability-linked loan (SLL) market has taken “important steps in the development of a credible transition finance ecosystem” since its 2023 review, with...
Standard Chartered has launched a Sustainable Escrow and Account Bank solution, expanding its suite of sustainable finance offerings and enabling clients to channel their funds into environmentally and socially responsible...
Kimberly-Clark, the company behind household staples Andrex® and Kleenex®, is investing over £125 million (US$168.9 million) in green hydrogen infrastructure to decarbonize its UK manufacturing operations. In partnership with Carlton...
Drivers, businesses, and the public sector across the UK are set to benefit from a new £63 million government investment aimed at accelerating the electric vehicle (EV) transition, cutting charging...
A Jaguar Land Rover-supported battery recycling project has secured £8.1 million in funding, including £4.05 million from the UK government, to recover critical minerals from end-of-life electric vehicle batteries. Spearheaded...
The UK government has unveiled a comprehensive reform package to modernize the electricity market, confirming a decision to retain a single national pricing model while introducing strategic reforms aimed at...
UK Launches Green Finance Pilot to Tackle Barriers to Emission Cuts Chancellor Rachel Reeves will direct UK financial regulators to address obstacles hindering businesses from cutting carbon emissions, as part...
Sumitomo Corporation, through its UK subsidiary Summit Energy Evolution Limited (SEEL), is investing in the development of a new CO₂ transport pipeline to serve Peak Cluster, a major carbon capture...
Veolia has begun construction on the UK’s first “tray-to-tray” closed-loop PET recycling facility, marking the launch of its largest UK plastics project to date. The £70 million ($90 million) investment...
The UK government has secured a landmark £7.5 billion ($10 billion) investment agreement with Japan’s Sumitomo Corporation to accelerate clean energy and infrastructure development across Britain. The partnership, signed in...
The UK has announced a £12 million funding package aimed at bolstering disaster risk finance for climate-vulnerable countries—part of a broader strategy to position the UK as a global hub...
UK local authorities are significantly increasing their climate efforts, identifying £67 billion worth of climate projects, even as nearly half say budget constraints are impeding progress. This is according to...
The UK government has launched its first-ever Onshore Wind Strategy, aiming to reverse nearly a decade of stagnation in the sector and deliver a major boost to its clean energy...
The UK government has announced a major step in its mission to become the “sustainable finance capital of the world”, launching a set of consultations aimed at standardizing climate transition...
The UK government has unveiled a sweeping 10-year industrial strategy aimed at slashing corporate electricity bills and cementing the country’s leadership in clean energy, advanced manufacturing, and frontier technologies. The...
The UK government has allocated £200 million to the Acorn carbon capture and storage (CCS) project in Scotland — marking the largest government funding commitment to the project to date....
The UK Government has formally approved Sizewell C, marking the first majority British-owned nuclear power plant announcement in over three decades. The Chancellor is set to confirm £14.2 billion in...
Lloyds Banking Group, the Office for Investment (OFI), and North East Mayor Kim McGuinness have announced a strategic initiative to scale up green energy investment across North East England. Launched...
The European Commission and the UK government have agreed to work towards linking their carbon markets, in a move that could unify the EU and UK Emissions Trading Systems (ETS)...
AXA Investment Managers (AXA IM) has taken a pioneering step in the fixed income space by adopting the UK’s Sustainability Disclosure Requirements (SDR) ‘Sustainability Improver’ labels for two of its...
The UK government has launched a consultation on a set of six “integrity principles” for carbon and nature credit markets, aiming to build trust, enhance transparency, and accelerate private sector...
Britain is rolling back parts of its Zero Emission Vehicle (ZEV) Mandate in a bid to protect its auto industry from the fallout of new 25% tariffs on car imports...
The British Standards Institution (BSI) has introduced groundbreaking government-backed standards, the Overarching Principles Standard (BSI Flex 701), to boost investment in nature-friendly projects across the UK. This pioneering standard—the first...
UK’s Energy Revolution The UK government has launched its Clean Power Action Plan, aiming to secure energy independence and tackle the climate crisis by 2030. Energy Secretary Ed Miliband called...
Qatar has pledged £1 billion ($1.3 billion) to bolster the UK’s climate technology sector, with a focus on fostering innovation and supporting the energy transition. Rolls-Royce, a key player in...
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...
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...
Almost a third (32.4%) of Britain’s electricity was supplied from wind power during the first quarter of 2023, outpacing gas which delivered 31.7%. It is the first-time wind has provided...
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