Signed on 22 April 2016 at the United Nations headquarters, the Paris Agreement stands as one of the most ambitious international commitments to tackling climate change. Its objectives are straightforward: to keep global warming well below 2°C and, ideally, limit it to 1.5°C above pre-industrial levels, while strengthening adaptation and resilience and aligning financial flows with low-carbon development pathways.

A brief investor-focused update on EU sustainability rules - what changed in the Omnibus, where SFDR 2.0 is heading, and what it could mean for product classification and disclosures.

European construction is moving out of its trough. After a deep contraction in 2024 and stagnation in 2025, activity is returning, led by infrastructure, the energy transition and selected residential markets. While the recovery will be gradual and uneven, it is real. For companies active in the equipment rental industry, where growth typically anticipates and outpaces growth in the construction market, this is a favourable setup, though not a risk free one.