News

Promethean Particles announced the closing of a £8 million financing round. The investment was led by Mercia Ventures and Aramco Ventures, with participation from existing investors including the Midlands Engine Investment Fund I (managed by Foresight), the University of Nottingham, TSP Ventures, and the East Midlands Early Growth Fund (managed by the British Business Bank). MOFs are a class of materials composed …

Promethean Particles: £8M Series A investment round Read More »

Marks & Spencer has announced it is the first UK retailer to move to paper packaging on garlic baguettes, removing 5.5 million units of plastic. All of M&S’ single and twin garlic baguettes are now available in FSC approved paper packaging which can be easily recycled as paper at-home. A popular choice with M&S customers, …

M&S to use paper packaging on garlic baguettes Read More »

Ofgem’s Accelerated Strategic Transmission Investment (ASTI) framework is fast-tracking 26 major connection projects which will boost grid capacity and could deliver estimated savings of £1.5 billion.  A £3.4 billion funding package has been awarded to build a proposed new subsea and underground 500km cable between Scotland and Yorkshire which could power up to 2 million homes. Eastern …

Proposed Anglo-Scottish electricity superhighway is first to clear final fast-track funding hurdle Read More »

The National Forest, a pioneering environmental initiative in the heart of the UK, has announced a significant milestone in its journey toward regenerating the landscape: reaching 25 per cent forest cover across its 200 square miles of the Midlands. This remarkable transformation, from an industrialised area that was once one of the UK’s least wooded …

The National Forest celebrates 25% forest cover Read More »

On Nane Nane (Farmer’s Day) in Tanzania, Justdiggit Foundation launched Kijani, a free educational regreening app designed to benefit 350 million smallholder farmers in Sub-Saharan Africa. Kijani (‘green’ in Swahili) will provide farmers with all the tools they need to successfully regreen their farms including digital courses on proven methods to improve yields, soil health, …

Justdiggit launches Kijani app Read More »

Fashion for Good and its footwear focused partners adidas, Inditex, ON Running, PVH Corp., Reformation, Target, and Zalando announce an ambitious new initiative aimed at accelerating and validating the next generation of footwear innovations. Around 23.9Bn shoes are produced globally each year, they are often made using over 40 different components from a range of …

Pioneering the Future of Footwear Read More »

A pioneering new factory that provides a more sustainable source of gold and reduces reliance on mining has been unveiled by The Royal Mint. Located at its site in south Wales, the 3,700 square metre facility uses world-first patented chemistry from Canadian clean tech company Excir, extracting gold from printed circuit boards (PCBs) found in …

The Royal Mint’s gold extracting factory Read More »

Lime – the world’s largest provider of shared electric bikes and scooters – has joined the UK’s government backed cycle-to-work scheme through a partnership with specialist provider CycleSaver.  CycleSaver’s government backed cycle-to-work scheme will allow employees to benefit from 28% and 47% savings on monthly minute bundles with Lime through the tax benefits of salary …

Lime joins cycle-to-work scheme Read More »

NatWest Group has successfully issued its first Electric Vehicle Green bond (the “EV Green Bond”) raising net proceeds of €750 million from institutional investors based in the UK, Europe & Asia.  The issuance makes NatWest Group the first UK bank to issue a green bond where the use of proceeds are intended to exclusively finance …

NatWest Group issues EV bond Read More »

From the 1st April 2024, the Plastic Packaging Tax increased from £210.82 per tonne to £217.85 per tonne. The tax targets non-recyclable materials, aims to reduce environmental waste and promotes the use of eco-friendly packaging. While the deadline for the tax increase has passed, instead of paying more and absorbing the cost, it is an …

Plastic Packaging Tax: What UK B2B Buyers Need to Know Read More »