The chief executives of 27 of the world’s largest businesses have called on the G20 to formally accept and act on recommendations set out by the Task Force on Climate-related Financial Disclosures (TFCFD) last year.
Last Friday saw Great Britain’s energy demand be met without the need for coal generation for a full day for the first since since the industrial revolution.
Almost £250 million is to be spent by the UK government on the development of batteries for electric vehicles over the next four years should the Conservatives be returned to Parliament in June.
Philips has agreed a unique deal with a consortium of international banks that links the company’s sustainability performance to the interest rate attached to a €1 billion (£836 million) loan.
Australian finance giant Macquarie Group has concluded the contentious purchase of the UK Green Investment Bank for a total consideration of £2.3 billion.
Energy technology provider Utiligroup has been bought up by US investment firm Accel-KKR as the company seeks to enter the competitive European market and make its presence felt in the UK.
Flow battery provider redT will deliver a 1.08MWh energy storage project to support the distributed energy system in Cornwall and potentially take part in Centrica’s developing virtual energy marketplace.
Rolf Martin Schmitz, the chief executive of German energy giant RWE, has said his company is casting at least one eye on the UK energy market for future M&A activity.
The government’s long awaited strategy for meeting the UK’s carbon budgets currently “sits in a holding pattern” following the announcement of a general election in June, according to climate change minister Nick Hurd.
