In the climate lawsuit brought by Notre Affaire à Tous, Sherpa, France Nature Environnement and the City of Paris against TotalEnergies, the Paris Judicial Court has just ruled against the multinational for failing to meet its duty of climate vigilance. The court recognised that the company does indeed have a duty of climate vigilance that extends to its emissions from the combustion of oil and gas products (Scope 3), which account for nearly 90% of its carbon footprint.
Category: Companies
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Mubadala invests in UK offshore wind farm alongside consortium
Abi Dhabi's Mubadala Investment Company has made a $325m investment in Ørsted’s Hornsea 3, which, once completed, will be the world’s single largest offshore wind farm, located off the Norfolk coast in the UK. Mubadala is investing alongside a consortium led by Apollo-managed funds, which includes USS and La Caisse. The investment follows Apollo Funds’ acquisition of a 50% stake in the joint venture holding Hornsea 3, with Ørsted retaining the remaining 50% ownership and continuing to lead the development, construction and operation of the project.
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Invinity ‘super battery’ delivered in first installation in Europe
Invinity Energy Systems has completed the delivery of 20.7MWh of Vanadium Flow Batteries to the Copwood VFB Energy Hub in East Sussex. It will be Europe’s largest vanadium flow battery installation when it enters service later this year. The project pairs 90 vanadium flow batteries – a form of long‑duration energy storage – with a 3MW solar array to enable more home-grown, low‑cost solar power to be used when needed.
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UK Infinity Fusion Consortium to accelerate UK fusion power plant
Type One Energy, Tokamak Energy and AECOM have announced the UK Infinity Fusion Consortium to pursue development of the first private-sector-led fusion power plant project in the United Kingdom. Together, the companies intend to develop a fusion project that is commercially credible, deployable using existing enabling technologies, and capable of attracting private capital.
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Plan to scale hydrogen production from end-of-life oil fields
As demand accelerates for scalable, cost-effective hydrogen, Eclipse Energy and Wood have signed a memorandum of understanding (MOU) to collaborate on the commercialisation and global deployment of subsurface hydrogen production. The partnership comes as Eclipse transitions from technology validation to commercial execution, with multiple projects progressing this year.
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First hydrogen transmission network operator on path to independence
The European Commission has issued a positive opinion in the process of certifying GAZ-SYSTEM as a hydrogen transmission network operator. The company is the first in Europe to undergo the certification procedure in this area, securing confirmation of compliance with EU regulations. This is the next big step in building a new energy market and confirms the company’s role in the energy transition taking place in the region.
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EIC awards €118m to 30 breakthrough research projects
The European Innovation Council (EIC) has selected 30 new projects under the 2025 EIC Pathfinder Challenges Call for cutting edge research projects delivering breakthroughs in four strategic areas: biotech for climate resilient crops and plant-based biomanufacturing; generative-AI based agents to revolutionise medical diagnosis; robot collectives; and waste-to-value devices - circular production of renewable fuels, chemicals, and materials.
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Verification of Sustainable Aviation Fuel traceability strengthened
Zemo Partnership has launched RFAS Aviation, a new voluntary assurance scheme designed to provide independent verification of Sustainable Aviation Fuel (SAF) across the UK supply chain. The scheme responds to a critical industry need for a harmonised approach to verifying SAF traceability in the downstream fuel supply chain.
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Oliver Wyman & Uni of California: Industry 5.0 is a driver of GDP
Industry 5.0 places human creativity and welfare, sustainability, and resilient systems at the centre of business and government strategies for the benefit of economies, societies and the planet. The combination of these elements can add $1tr annually to global GDP in addition to technology-driven profits, says 'The Industry 5.0 Index', created by the Oliver Wyman Forum and the University of California, Berkeley.
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Hashgraph Group launches EcoGuard to empower carbon market
The Hashgraph Group (THG), the Swiss-based Web3 technology engineering company operating within the Hedera ecosystem, has launched EcoGuard, a secure, scalable and sustainable carbon credit workflow platform. Built on Hedera network, the energy-efficient distributed ledger technology (DLT), EcoGuard is redefining carbon market infrastructure by automating and embedding digital trust and data provenance directly into the entire carbon asset lifecycle, ensuring full traceability of every carbon credit from creation and verification to issuance, tracking, and retirement.
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M&S Launches RE:Spark to ignite renewables adoption
M&S has announced the launch of RE:Spark, a new supply chain decarbonisation programme developed in partnership with Schneider Electric, a global energy technology leader. The initiative has been designed to accelerate the adoption of renewable electricity across M&S’s global fashion supply chain and is a key part of the retailer’s sustainability strategy, Plan A, which aims to achieve net zero emissions across its value chain by 2040.
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SSE unveils £33bn investment plan to unlock green energy
SSE plc has announced a £33bn fully-funded five-year investment programme, to transform the UK’s electricity infrastructure and deliver long-term benefits for society. The “Transformation for Growth” plan will see a major ramp-up of SSE’s capital investment over the next five years, with 80% directed towards regulated electricity networks and the remainder into renewables and flexible generation technologies.
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90% of 4,000 large companies connect value and decarbonisation
Decarbonisation is emerging as a key business differentiator. Accenture’s latest report on the decarbonisation activities of the world’s largest companies finds that those that connect climate ambition to business strategy are cutting emissions faster and creating lasting value. But the journey is far from complete: just 16% are on track to reach net zero in their operations by 2050.
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Stadler to build first hydrogen trains for Sicily
Stadler has expanded its presence in Italy and signed the first contract with Ferrovia Circumetnea (FCE) for the design and supply of two narrow-gauge hydrogen-powered trains. The new vehicles will contribute to sustainable rail transport and will run through the volcanic landscapes of Mount Etna.
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First CO2 storage by Northern Lights JV achieved
The first CO2 volumes have now been transported by the Northern Lights project through the 100km pipeline and injected into the Aurora reservoir 2,600m below the seabed of the Norwegian North Sea. Northern Lights will transport and store CO2 from Norway during the remainder of 2025 with CO2 volumes from Denmark and the Netherlands expected to be added in 2026.