In 2021, fintech unicorn Wise made headlines when it chose to go public on the London Stock Exchange (LSE) through a direct listing — a vote of confidence in the UK capital markets. Fast-forward to 2025, and the company is now considering a switch to the US, joining a wave of UK firms drawn to the deeper pools of capital…
Wise Moves: Why UK Companies Are Looking West for IPOs – and What ESG Has to Do With It
In 2021, fintech unicorn Wise made headlines when it chose to go public on the London Stock Exchange (LSE) through a direct listing — a vote of confidence in the UK capital markets. Fast-forward to 2025, and the company is now considering a switch to the US, joining a wave of UK firms drawn to the deeper pools of capital…
Makersite Raises $70 Million to Help Manufacturers Design More Sustainable Products
Supply chain data company Makersite announced that it has raised €60 million (USD$70 million) in a series B financing round, with proceeds aimed at enhancing its platform enabling manufacturers to make greener, safer and more affordable products. Founded in 2018, Stuttgart, Germany-based Makersite provides Product Lifecycle Intelligence solutions aimed at enabling manufacturers to gain a deeper understanding of what is…
SBTi Releases Net Zero Standard for Banks, Investors
The Science Based Targets initiative (SBTi), one of the key organizations focused on aligning corporate environmental sustainability action with the global goals of limiting climate change, announced the release of its finalized Financial Institutions Net-Zero (FINZ) Standard, aimed at enabling banks and investors to set net zero-aligned targets for their lending, investing, insurance and capital markets activities. Among the key…
UK to Allow Use of Carbon Removals in Emissions Trading System
The UK government’s Emissions Trading Scheme Authority announced that it has decided to integrate greenhouse gas removals (GGRs) into its Emissions Trading Scheme (ETS), allowing the use of carbon removals for companies to address hard-to-abate emissions to meet their allowances under the industrial GHG emissions reduction system. Launched in 2021 to replace the UK’s participation in the EU’s Emissions Trading…
Redwheel closes climate engagement fund
Redwheel has confirmed its decision to close its Global Climate Engagement fund due to a lack of investor demand. The product was brought to market in 2024 under the management of John Teahan (pictured), and currently has $0.8m in assets under management (AUM), according to the group. The Article 8 fund was also supported by the firm’s sustainability research arm, Greenwheel, and…
Guest Post: As EU Sustainability Rules Come Under Siege, Businesses Rally to Their Defence
By: Tsvetelina Kuzmanova, EU Sustainable Finance Policy Lead, Cambridge Institute for Sustainability Leadership (CISL) As the EU announced its 2040 climate target and national climate commitments are under revision, the role of business in delivering that ambition is under renewed scrutiny. Will business be brought in as a partner, or pushed out by short-sighted reforms? The truth is: many European…
GeologicAI Raises $44 Million to Use AI to Source Critical Minerals
Calgary-based GeologicAI announced that it has raised US$44 million in a Series B round to accelerate the AI-driven discovery and development of critical minerals globally, a key input driving the energy transition towards electrification. The round was led by Swiss impact investor Blue Earth Capital, with participation from mining giants BHP and Rio Tinto, as well as Bill Gates’ cleantech…