News

The European Parliament has endorsed amendments that further weaken key corporate sustainability regulations, including the Corporate Sustainability Due Diligence Directive (CSDDD) and related reporting obligations. Under the revised rules, only companies with at least 5,000 employees and €1.5 billion in annual revenue will be subject to the requirements — a sharp increase from the original threshold […]

Abu Dhabi National Oil Company (ADNOC)’s €14.7 billion bid to acquire German chemicals giant Covestro has been conditionally approved by the European Commission, marking a major step in what would be one of the largest foreign takeovers of an EU-based company by a Gulf state. The Commission’s approval comes after ADNOC agreed to amend its governance

Ghana has removed a 15% VAT on mineral exploration and reconnaissance, a move designed to attract fresh investment into its mining sector. The tax, previously applied to high-risk early-stage activities such as drilling, assay work, and geological surveys, had discouraged companies from pursuing new projects. Finance Minister Cassiel Ato Forson confirmed the change during the

A refinery in Port Arthur, Texas, Diamond Green Diesel, is transforming cattle fat into bio‑jet fuel for major U.S. airlines. Much of the tallow comes from Brazilian suppliers, some tied to ranches cleared in the Amazon rainforest. Since 2022, the refinery has received over $3 billion in U.S. tax credits for producing sustainable aviation fuels, while

For centuries, the aurora borealis inspired both wonder and fear. In medieval Europe, red or unusually bright auroras were often seen as omens of war, plague, or political collapse. Chroniclers described nights when the sky “blazed like fire,” interpreting the phenomenon as a warning of impending disasters. Some even believed that the lights foretold the

Greenhushing refers to the growing practice of companies keeping their climate commitments under wraps. Unlike greenwashing, where claims are exaggerated or misleading, greenhushing involves real actions and plans that are not publicly communicated. Many firms with legitimate net-zero targets or sustainability initiatives choose to stay silent rather than promote their efforts, keeping their progress hidden

Japan is confronting an unprecedented rise in bear attacks in 2025, particularly in northern regions. Since April, more than 100 serious injuries and at least 13 deaths have been reported, making this the deadliest year for human–bear encounters in recent memory. Rural towns in Akita, Iwate, and Hokkaidō have been especially affected, highlighting a growing

After a tense contest over the 2026 UN climate summit, Türkiye will host COP31 in the Mediterranean city of Antalya, following a compromise agreement with Australia. Under the deal, Türkiye will manage the logistical hosting and serve as COP President, while Australia will lead the negotiation process and help shape the summit’s climate agenda. The

China has firmly established itself as the world leader in electric‑vehicle (EV) battery production. In 2025, Chinese companies now supply over half of all EV batteries globally, with CATL holding roughly 38% of the market and BYD contributing nearly 18%, together accounting for more than 55% of global installations in the first half of the

“Net zero” refers to balancing greenhouse gas emissions with removals so that the total net emissions are zero. For the UK, achieving net zero by 2050 — a legally binding target — involves reducing emissions through renewable energy, clean transport, energy-efficient buildings, and industrial decarbonisation, while offsetting remaining emissions using natural carbon sinks or technologies