The Earth’s energy imbalance is the highest it has ever been since records began 65 years ago, and the damage done in the past decade by concentrated greenhouse gas emissions will have harmful repercussions for hundreds, if not thousands of years, a United Nations report has warned. In the latest State of Climate report from the UN-backed World Meteorological Organization…
India-based Fusion Tech Startup Pranos Raises $6.8 Million
Nuclear fusion startup Pranos Fusion announced today that it has raised $6.8 million in a new funding round with proceeds aimed at accelerating the development of its technology to help advance the commercialization of fusion energy. Fusion, the process of combining two atoms to form a single atom to release energy, has been long referred to as the “Holy Grail”…
California Weighs Approaches to Phase in New Scope 3 GHG Emissions Reporting Requirements
The California Air Resources Board (CARB), the regulator charged with developing and enforcing the state’s new corporate climate reporting regulations, unveiled a series of proposed options for the implementation of upcoming obligations for large companies to report on Scope 3, or value chain, greenhouse gas (GHG) emissions. The new proposals were presented as part of a public workshop to communicate…
Octopus Acquires Majority Stake in Grid Tech Company Uplight
UK-based clean energy tech company Octopus Energy Group announced today that it has acquired a majority stake in grid flexibility technology provider Uplight, in a move aimed at enabling the company to help utilities in North America manage the rapid increase in electricity demand driven by data center buildouts and electrification. Founded in 2019, Colorado-based Uplight provides solutions designed to…
Seven key barriers to building a strong workplace culture in financial services
Workplace culture has become a defining factor in organisational performance, talent retention, and long-term resilience. In the financial services sector, however, building and sustaining a strong culture remains particularly challenging. While banks, insurers, and investment firms increasingly acknowledge the importance of culture, structural, regulatory, and legacy factors often undermine these efforts. Understanding the key barriers is the first step toward meaningful cultural change that can help determine how…
PepsiCo Achieves Key Water Sustainability Goal
Food and beverage giant PepsiCo announced that it has achieved its goal of replenishing 100% of the water used at all company-owned facilities located in high water-risk watersheds. The milestone means that for every liter of water used at these sites, PepsiCo is restoring an equivalent amount or more back into local watersheds through a combination of nature-based conservation and…
Zevero Raises $7 Million to Scale Carbon Accounting and Management Platform Across New Markets
Carbon management startup Zevero announced today that it has raised $7 million in a new investment round, with proceeds aimed at expanding its global footprint and enabling more companies globally to utilize its platform to measure, track and reduce carbon emissions. Founded in 2021, UK-based Zevero provides companies with tools to understand the impact of their emissions, helping them identify…
Trump Administration Pays TotalEnergies $1 Billion to End Offshore Wind Projects in U.S.
The U.S. Department of the Interior announced that it has signed a new agreement with TotalEnergies, with the French energy giant agreeing to stop the development of new offshore wind projects in the U.S., in exchange for reimbursement of nearly $1 billion in lease fees. As part of the agreement, the reimbursed funds will be redirected by TotalEnergies into U.S….