Starbucks announced the launch of a new version of its flagship takeaway white cup in Europe, replacing the cup’s plastic lining and plastic lids with new materials, allowing the cup to be home compostable and recyclable. The rollout of the cup begins this month in 10 European countries, and is set to come to the UK and Ireland later this…
The European Council announced today that it has adopted amendments to a regulation on CO2 emissions standards for new passenger cars and vans, giving car manufacturers more time to comply with CO2 targets, avoiding significant penalties that are slated to start this year. The EU adopted a series of clean mobility regulations in 2023, including a requirement for a 100% reduction…
Italian energy company Eni announced today that it has signed an exclusivity agreement with BlackRock’s infrastructure-focused unit Global Infrastructure Partners (GIP) for the potential sale of a co-control stake of 49.99% of Eni’s Carbon Capture, Utilization and Storage (CCUS) business, Eni CCUS Holding. Eni CCUS Holding encompasses several large-scale European CCUS projects, including the UK-based Hynet, aimed at capturing CO2 emitted…
Italian energy infrastructure and services provider Snam announced that it has raised $2 billion in a multi-tranche sustainability linked bond (SLB) offering, with the cost of debt tied to the company’s interim- and long-term targets to reduce greenhouse gas (GHG) emissions across its value chain. According to the company, the offering is the first-ever SLB linked to a net zero…
EU banking supervisor The European Banking Authority (EBA) announced the release of new proposed amendments to Pillar 3 disclosure requirements for banks, including simplifications and clarifications around ESG risk-related reporting, particularly for small and medium-sized banks. The EBA said that its new proposals align with the initiatives of the European Commission to simplify sustainability reporting, such as the Commission’s Omnibus…
In a speech marking his first 100 days, President Trump made his stance on clean energy crystal clear doubling down on coal. Since taking office, he’s reduced green energy funding, threatened to dismantle key parts of the Inflation Reduction Act (IRA) and proposed tariffs that could disrupt clean tech imports. However, there is a silver lining. The hoped-for irony here…
India-based climate tech startup Alt Carbon announced that it has raised $12 million in a seed financing round, with proceeds aimed at scaling its Enhanced Rock Weathering solution to remove and store carbon across the Global South. According to the company, the announcement marks the largest seed round to date for climate tech in India. Founded in 2023 by brothers…
EU Ombudsman Teresa Anjinho announced that she has opened an inquiry into the process behind the European Commission’s Omnibus proposal to simplify and reduce corporate sustainability reporting and due diligence requirements, following complaints alleging that the Commission failed to meet procedural requirements in preparing the proposals. The Commission released its Omnibus I package in late February 2025, aimed at significantly…