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AXA IM’s SDR-labelled funds now total £1.2 billion in AUM, representing nearly 15% of its UK fund range. Two of its fixed income strategies are among the first to adopt the FCA’s new SDR ‘Sustainability Improver’ label. The labelled funds aim to support the transition to net zero by 2050, aligning financial performance with ESG priorities. AXA Investment Managers (AXA IM) has taken a pioneering step in the fixed income space by adopting the UK’s Sustainability Disclosure Requirements (SDR) ‘Sustainability Improver’ labels for two of its carbon transition strategies. The AXA Carbon Transition Global Short Duration and AXA Carbon Transition…

In a letter that we recently shared with Commissioner for Start-Ups, Research and Innovation Ekaterina Zaharieva,we urged the European Commission to take action to attract leading US academics working on clean tech and circular economy to Europe’s research landscape. As a unique opportunity for the European Research Council (ERC) and other EU research frameworks to step in as a beacon for academics and researchers who have been discouraged from pursuing their careers on the other side of the Atlantic. The Commission should develop, together with Member States, an immediate action plan – aligned with the objectives presented in the Clean…

The pilot plant was established to conduct research and development for CO2 capture technologies using flue gas from gas turbines at the power plants. The plant has a capture capacity of approximately five tons per day, and through demonstration of innovative CO2 capture technologies for the next generation, will strengthen the competitiveness of the CCUS business. MHI has been researching and developing innovative CO2 capture technologies in collaboration with KEPCO since 1990. The operation of this new plant will strengthen that R&D structure, and enable demonstration tests using state-of-the-art equipment.  In 2022, MHI announced an alliance with ExxonMobil, which enables…

The expansion is part of Phase II of IGL’s mission to connect all 357 villages of Delhi with PNG by the end of 2025.New Delhi: Indraprastha Gas Limited (IGL) on Thursday extended piped natural gas (PNG) supply to 111 additional villages in Delhi, taking the total number of villages covered under its network to 241. With over 13,000 km of gas pipeline infrastructure in place, the expansion brings PNG access to over 72,000 families across the capital.The initiative was formally launched by Delhi Lieutenant Governor Vinai Kumar Saxena, in the presence of Chief Minister Rekha Gupta and senior officials from…

Fake podcasts openly offering highly addictive drugs are rampant on Spotify — which is cracking down after a Business Insider investigation.BI found 200 “podcasts” that advertised the sale of opioids and other drugs — often without a prescription, in violation of federal law — and directed users to websites posing as legitimate online pharmacies.Many of the episodes BI reviewed were under a minute long and are less about content and more about pushing product, providing links to websites claiming to sell opioids like tramadol and oxycodone.”Buy tramadol online in just one click from [redacted] without a prescription with legal delivery…

Roblox is known as a Gen Z destination for gaming and hanging out. Could it soon also be the place young people go to shop?That’s Roblox’s stretch goal, at least.Roblox on Thursday said it was expanding its commerce program, allowing more creators and brands to sell physical items — think hoodies, lipsticks, plushies, and concert tickets — without leaving the platform. The commerce push forms part of a broader companywide ambition for Roblox to make up 10% of the $180 billion global gaming market. To do so, it’s diversified its revenue streams, generating income from subscriptions, the sale of virtual…

Microsoft and carbon markets platform Rubicon Carbon announced today the launch of a new agreement which will see Rubicon facilitate the purchase of 18 million tonnes of high-quality carbon removal credits for Microsoft, marking one of the largest-ever commitments by a single corporate buyer in the voluntary carbon market to date. According to the companies, transactions sourced through the new agreement will support a pipeline of individual Afforestation, Reforestation, and Revegetation (ARR) projects worldwide, with each carbon removal transaction to be structured as 15-to-20 year offtakes. Launched in 2022, Rubicon delivers carbon credit solutions to businesses, providing services including proprietary…

In a new report from PMMI, consumer packaged goods (CPG) companies and their industry partners made one thing clear: productivity is their number one priority for 2025. According to survey data from PMMI’s Embracing Operational Readiness report, 78% of respondents said improving productivity is their top focus, well ahead of other concerns like cost (47%) and automation (47%). What’s RelatedThe findings are based on conversations from PMMI’s annual Top to Top Summit, where leaders from across the packaging, processing, and supply chain worlds came together to talk about shared challenges. This year’s event focused on three big operational themes: faster…

Russia’s oil-export revenues in April fell to the lowest in nearly two years as global crude prices declined amid sluggish demand, according to the International Energy Agency. The nation earned $13.2 billion from the export of crude oil and petroleum products last month, the lowest since June 2023, the Paris-based agency said in its monthly market report on Thursday. The decline came as the average-weighted price for Russian crude slumped further down in April, reaching $55.6 a barrel, well below the price-cap imposed by the international Group of Seven nations, the IEA estimated. “Russian oil prices followed international trends,” the…