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UK Government and Drax agree to halve biomass subsidies and tighten sustainability rules
The UK government has reached an agreement with Drax to reduce the energy producer’s subsidies by half between…
Equinor cuts renewable investments, increases oil and gas production
Norwegian energy giant Equinor is halving its investment in renewables over the next two years while ramping up…
AccountAbility and Tractivity partner to enhance stakeholder engagement
AccountAbility, a global sustainability advisory firm, has partnered with Tractivity, a UK-based stakeholder engagement and management software provider,…
Tesla’s carbon credit revenue surges despite profit decline
Tesla’s latest earnings report shows a decline in net income but a record increase in carbon credit revenue.…
Clarity AI launches tool to navigate ESG compliance amid regulatory shifts
Clarity AI has introduced a new sustainability monitoring tool to help fund managers track compliance across multiple ESG…
IKEA expands renewable electricity programme to cut production emissions
IKEA is launching a third wave of its renewable electricity programme expanding access to renewable energy for suppliers…
CarbonBuilt acquires Jolley Concrete, expands ultra-low carbon concrete production
CarbonBuilt, an ultra-low carbon concrete producer, has acquired Jolley Concrete and Block, a family-owned concrete producer supplying masonry,…
LEGO commits DKK 19 million to carbon removal projects
The LEGO Group has announced a DKK 19 million ($2.6 million) investment in four carbon removal projects, in…
SOMO’s CSDDD datahub identifies companies affected by EU sustainability directive
A new analysis by SOMO has identified approximately 7,000 companies that will be subject to the EU Corporate…
Coca-Cola issues UK recall over chlorate contamination in soft drinks
Coca-Cola has recalled several soft drinks in the UK after elevated levels of chlorate were found during routine…
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