€47 million fund to protect intellectual property of EU SMEs in their COVID-19 recovery and green and digital transitions

The Commission and the European Union Intellectual Property Office (EUIPO) has launched the new EU SME Fund, which offers vouchers for EU-based SMEs to help them protect their intellectual property (IP) rights. This is the second EU SME Fund aiming at supporting SMEs in the COVID-19 recovery and green and digital transitions for the next three years (2022-2024). Executive Vice-President Margrethe Vestager, in charge of competition policy, said: “Small is beautiful, but if SMEs want to grow or take the lead in new technologies, they need to protect their inventions…

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BMW Group plans to source steel produced with green power and hydrogen from northern Sweden

The BMW Group continues to push forward with climate protection and is systematically pursuing its goal of significantly reducing CO2 emissions at their source in the supply chain. From 2025 on, the company plans to source steel produced with up to 95% less CO2 emissions and without requiring fossil resources such as coal. The BMW Group has now reached an agreement to this effect with the Swedish startup H2 Green Steel, which uses hydrogen and only green power from renewable energies for steel production. Owing to its particularly energy-intensive manufacturing…

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‘Green’ claims: CMA sets out the dos and don’ts for businesses

Last year, the Competition and Markets Authority (CMA) announced that it was investigating the impact of green marketing on consumers, in line with its annual plan commitment. As part of this, the CMA recently led on an analysis of websites – alongside other global authorities – which found that 40% of green claims made online could be misleading. The CMA is now seeking views on draft guidance for businesses about ‘green’ claims. This is based on a careful review of how these claims are being made and how people respond…

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Bloomberg’s New European Headquarters Rated World’s Most Sustainable Office Building

Opening later this month in the City of London, Bloomberg’s new European headquarters is the world’s most sustainable office building, as designed. The building achieved an ‘Outstanding’ rating against the BREEAM sustainability assessment method, with a 98.5% score. This is the highest design-stage score ever achieved by any major office development. Michael R. Bloomberg, founder of Bloomberg L.P. said: “We believe that environmentally-friendly practices are as good for business as they are for the planet. From day one, we set out to push the boundaries of sustainable office design –…

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National Grid launches “world’s first” green energy forecast.

While the end of summer may have meant grey weekends for some, it was in fact the ‘greenest’ summer on record according to new data from National Grid. From 21 June to 22 September, almost 52% percent of our electricity generation was met by low carbon sources, compared to around 35% four years ago. This news comes as the company today launches innovative new software that forecasts the carbon intensity of electricity generation up to two days ahead, helping people to understand and control their energy use. National Grid is…

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