Klimado Index · United Kingdom
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Klimado Index · United Kingdom
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Today’s ESG Updates $1.6T Push on HSBC: Major investors pressure HSBC to recommit to net-zero goals and climate transparency. India Scales Green Manufacturing: India boosts solar and EV battery output to cut reliance on China and grow exports. Trump Sues States Over Climate Laws: DOJ sues four states for laws charging fossil fuel firms for
Today’s ESG Updates UK Banks Emerge as Europe’s Biggest Financial Backers of Coal: UK lenders provided $8.3 billion to coal-linked companies over four years, with Barclays and HSBC both ramping up financing even as most EU banks pulled back. India Greenlights Nearly $20 Billion Push to Modernize Its Power Grid:The funding will expand transmission capacity
Today’s ESG Updates Google Appeals Landmark Search Monopoly Ruling: Company challenges finding it maintained dominance illegally through default search agreements with device makers and browsers. Circulate Capital Secures HSBC Funding: Green loan facility will help accelerate circular economy investments across South and Southeast Asia. Ecopetrol Geothermal Project Advances in Colombia: Government approves exploration in the
Today’s ESG Updates Eroded Lava Under the Ocean Stores CO2: Work led by the University of Southampton demonstrates that these accumulations of broken lava, created as underwater mountains erode, act as natural reservoirs for CO2. Businesses View Climate Transition as an Opportunity: HSBC survey reveals that 95% of business leaders now view the climate transition
Today’s ESG Updates BP Shares Rise From Activist Fund: Elliott Management has invested in BP, which has led to a bump in share value. Porsche Invest in ICE Engines: Porsche abandons full EV plans in favour of refocusing on combustion and hybrid engines. HSBC Allocate New Sustainability Officer: HSBC announces Julian Wentzel as the new
Today’s’ ESG Updates COP29 concludes: Key agreements include a $300 billion climate finance pledge and operationalization of the Loss and Damage Fund. HSBC appoints new CSO: Julian Wentzel steps in as interim Chief Sustainability Officer, focusing on advancing the bank’s sustainability goals. Carbon accounting takeover in Europe: Normative acquires Eivee, expanding its market presence and
The green transition is advancing, with corporations and the public sector at the forefront of progress. Nevertheless, in the UK and globally, the “implementation gap” is growing. Innovators, investors, and business owners must realign with governments and policymakers in order to achieve meaningful progress. On June 23 and 24, 2026, Reset Connect London, an award-winning
Today’s ESG Updates: Thames Water Closes in on £16bn Rescue Deal: Thames Water is edging closer to a multibillion-pound rescue deal with its lenders that would keep the ailing utility out of temporary public ownership. Rising Salinity and Heat Push Basra to Grow Date Palms in the Lab: Iraqi scientists in Basra are using tissue
Today’s ESG Updates COP30 Delivers Weak Climate Deal: Global talks in Brazil ended without a plan to phase out fossil fuels, disappointing over 80 countries seeking stronger commitments. G20 Summit Without U.S.: Despite Trump’s boycott, leaders issued a joint declaration prioritizing gender equality, debt relief, and climate action. Lufthansa Signs Deal With Unipec: China’s Unipec
Today’s ESG Updates Quantinuum Valued at $10B After $600M Raise: Backed by Nvidia and QED, the firm eyes breakthroughs in AI, drug discovery, and cybersecurity. NY Fed Says AI Not a Job Killer Yet: Businesses report retraining over layoffs, though firms expect bigger impacts ahead. Trump Tariffs Target Global Goods: US imports of French luxury,
Today’s ESG Updates: Net-Zero Banking Alliance Suspends Operations: A recent wave of bank departures puts the climate finance alliance on pause. UK Electricity Prices Threaten Net-Zero Goals: Rising electricity costs, driven by gas-linked pricing and additional levies for renewable energy, are limiting green investment. Rwanda to Sell Carbon Credits to Singapore: Singapore will utilize the
Today’s ESG Updates OPEC+ to Hike Output Despite Glut Warnings: Oil alliance reverses 2023 cuts as Saudi Arabia and allies boost production. Boeing Workers Strike for First Time in Decades: Defense machinists reject contract, raising labor concerns at key U.S. military aircraft facility. Barclays Exits Net-Zero Banking Alliance: British lender cites waning global membership as