Dozens of firms risk losing B Corp status after standards overhaul

Dozens of companies may be at risk of losing their coveted B Corp ethical status after the organisation behind the corporate kite-marking system raised the standards required to qualify.B Lab, which oversees B Corp certification, launched the biggest overhaul in its 19-year history earlier this month, scrapping a system under which companies must gather enough points across multiple categories to qualify.Previously, businesses that performed poorly in one of five areas, such as their environmental record, could make up for it by scoring highly in another category, such as corporate governance or their treatment of staff.The criteria required for B Corp status came under the spotlight in 2022, when the Scottish brewer BrewDog lost its certification after high-profile allegations about a “toxic” workplace culture.The organisation has also faced criticism for certifying the coffee company Nespresso, in an open letter from the Oregon-based non-profit Fair World Project, sent the same year

Thousands of small UK firms’ energy bills set to more than double due to Iran war

Thousands of independent businesses across the UK are braced for their energy bills to more than double owing to the sharp rise in heating oil costs as the war in Iran pushed Europe’s fuel market prices to fresh record highs.About 7% of all small and medium-sized companies warm their properties and provide hot water using heating oil, which in some cases has more than doubled in recent weeks.Companies in rural areas are often not connected to the gas grid, meaning they have an even greater reliance on heating oil, which is a form of kerosene linked to the cost of jet fuel. It is used by about 17% of rural small and medium-sized enterprises (SMEs), according to the Federation of Small Businesses (FSB).The trade association has heard from members who have already begun rationing their fuel use to cope with the sharp rise in prices over recent weeks

UK’s leading AI research institute told to make ‘significant’ changes

The UK’s leading AI research institute has been told to make “significant” changes by its main source of taxpayer funding.The Guardian revealed last week that the board of the Alan Turing Institute was reminded of its legal duties by the charity watchdog after a whistleblower complaint.The UK Research and Innovation (UKRI) body, which awarded the ATI a five-year, £100m funding package in 2024 and is its largest single source of funds, said it had conducted a review of the institute and found it underperforming in terms of strategy and delivering value for money.“The review concluded that overall strategic alignment and value for money are not yet satisfactory,” the UKRI said.Last summer, the government made clear that it expected a strategic overhaul at the nominally independent organisation and indicated the need for management changes, adding that its funding could be reviewed

Google to tap into gas plant for AI datacenter in sharp turn from climate goals

Google’s plan for a partnership with a natural gas power plant that could provide energy for one of its datacenters in Texas was unearthed by new research and confirmed by the company. The move is part of an ongoing about-face for the tech giant, which once pledged to be carbon neutral by 2030 and has long been seen as a pioneer in clean energy.The gas power plant is slated to be built in Armstrong county, a sparsely populated area in the Texas panhandle. According to a report by the research organization Cleanview, the project is being led by Crusoe Energy, which partnered with Google to develop the datacenter campus known as “Goodnight”, named after a nearby town.Crusoe filed for a permit in January to build the 933-megawatt power plant on the site of the Goodnight campus, which showed the facility would operate off the grid and provide energy to at least two buildings on the campus, according to Cleanview

Chicago Sky trade Angel Reese to Atlanta Dream in first major move of WNBA offseason

The Chicago Sky have traded star forward Angel Reese to the Atlanta Dream, the teams announced Monday.The trade is the first blockbuster move of the WNBA offseason, which is operating on a condensed timeline after months of negotiations between the league and its players over a new collective bargaining agreement finished last month.Reese, 23, was a two-time All-Star with the Sky, who selected her with the No 7 pick in the 2024 draft after a standout college career at Maryland and LSU. Reese’s rivalry with fellow rookie Caitlin Clark became one of the major storylines of that season, which set records in viewership and attendance.“I’m beyond grateful for the opportunity to join the Atlanta Dream organization,” Reese said in a statement Monday

Horse welfare debate helps highlight Grand National’s unrivalled status

There will never be a year when horse welfare is not an issue in the run-up to the Grand National, and that is, in a sense, a positive for the sport. It is a sign that the National retains its status as the biggest race of the year – in terms of audience, betting turnover, name recognition and pretty much any other measure you care to choose. Nearly two centuries after the first running in 1839, it still has deep roots in British culture as an annual sporting rite of spring.Within the racing bubble too there are few subjects that raise hackles and generate debate quite like the National, not least because for many racegoers and punters it is the race that first stoked their interest in the sport. Significant changes to the fences and other conditions in recent years, with the aim of minimising the risk of serious or fatal injuries, have left some fans, at least, feeling it is no longer the same race that they fell in love with several decades ago