Archive News

In SEB’s latest The Green Bond report, the forecast for transition investment has been significantly raised, to above $600bn in 2023 and to more than $1tr by 2025.
Posted: 02/02/2023
Shell’s headquarters have been targeted by Greenpeace UK activists in parallel with an ongoing Greenpeace climate justice protest at sea, as Shell posted record annual profits of £32.2bn.
Posted: 02/02/2023
Companies including Unilever, BASF and Tata Steel will embark on first ever cross sector collaborative programme to reduce greenhouse gas emissions.
Posted: 02/02/2023
Mapping The Net Zero Economy, a report by Confederation of British Industry (CBI) sees the UK’s drive to net-zero creating nearly a million new jobs and aiding areas of the UK that have experienced industrial decline.
Posted: 01/02/2023
Zurich UK has 100 new apprenticeship places on offer across the UK, as the insurer continues to increase the overall number of apprenticeships, including creating new placements in HR, marketing and data protection.
Posted: 01/02/2023
In a new report, the Climate Change Committee (CCC) offers new analysis of the UK’s adaptation investment priorities, finding that new investment of the order of £10bn per year will be needed to prepare the UK for expected climate change. That figure could rise further with more dangerous levels of global warming.
Posted: 01/02/2023
The UN-convened Net-Zero Asset Owner Alliance, with over $11tr in assets under management, has released a significant update to its Target Setting Protocol, ratcheting up scope and coverage for its 84 members in its third edition of the document and explicitly asking its members to consider Just Transition impacts, ensuring the benefits of the low carbon transition are widely and fairly shared, to their decarbonisation targets.
Posted: 31/01/2023
The EU’s response to Russia’s invasion of Ukraine in 2022 has accelerated its electricity transition, and now there is a predicted massive scale-up in clean energy, according to Ember.
Posted: 31/01/2023
In future roads could be built using asphalt made from grass cuttings and ‘carbon capturing’ cement, supported by £30m Government funding awarded to seven innovative, net-zero projects.
Posted: 30/01/2023
The largest aircraft in the world to be powered by a hydrogen-electric engine, a 19-seat Dornier 228, has flown with a full-size prototype hydrogen-electric powertrain on the left wing of the aircraft.
Posted: 30/01/2023
The Greater Manchester Pension Fund (GMPF) has invested a further £100m into Gresham House’s Sustainable Infrastructure (BSIF) strategy to help accelerate the deployment of new solutions to address key environmental and societal challenges in the North West.
Posted: 26/01/2023
Annual UK car production has fallen to the lowest level for 66 years (falling 9.8 per cent to 775,014 units) but has also recorded a new high of electrified vehicle production with almost a third of all cars made fully electric or hybrid.
Posted: 26/01/2023
Nest and Cushon have invited fund managers to share views on ways in which the two pension schemes can invest in natural capital, with an initial focus on forestry, with a market warming exercise already underway.
Posted: 26/01/2023
Edelman Trust Barometer reveals that business is now viewed as the only global institution to be both competent and ethical.
Posted: 26/01/2023
A new vehicle-to-everything (V2X) bidirectional charging programme has been created to allow EV users to use the battery power for other uses.
Posted: 25/01/2023
Major global banks used only 7 per cent of their financing for energy companies on renewables between 2016 and 2022.
Posted: 25/01/2023
Europe could end its reliance on China for lithium-ion battery cells by 2027, Transport & Environment (T&E) has forecast.
Posted: 24/01/2023
BP has installed six public charging locations with ultra-fast 300kw charge points aimed at e-trucks have been launched along a 600km stretch of the Rhine-Alpine corridor across Germany. The corridor is one of the busiest road freight routes in Europe connecting key North Sea ports in Belgium and the Netherlands with the Mediterranean port of Genoa in Italy connecting through a network of roads stretching in total 1,300km.
Posted: 24/01/2023
Artificial intelligence (AI) will accelerate action on sustainable energy and ensure that in the next five years the tipping points for crucial green technologies will be reached, according to a report published by the Grantham Research Institute on Climate Change and the Environment at the London School of Economics and Political Science and Systemiq.
Posted: 24/01/2023
Climate finance is in a “ditch” and incentives are needed to attract more private capital, the head of the International Monetary Fund (IMF) has said.
Posted: 23/01/2023
Labour has called for an “inverse OPEC”, an alliance of countries that could supply green energy.
Posted: 23/01/2023
The world is at the dawn of a new industrial age that will create major new markets and millions of jobs, but also raise new risks, prompting countries across the globe to devise industrial strategies to secure their place in the new global energy economy, according to a major new IEA report.
Posted: 23/01/2023
Currys has collected almost 750,000 tonnes of e-waste since 2011, recycling over 15 million individual products in the process.
Posted: 23/01/2023
After demise of Britishvolt, a new battery plant will be built in Oxfordshire by Andrew Forrest, founder of Australian mining concern Fortescue, and Fortescue subsidiary WEA Technologies, formerly a part of Williams Grand Prix Engineering.
Posted: 19/01/2023
The Government’s record on protecting the environment is "far short" of what is required according to Office for Environmental Protection (OEP) chair Dame Glenys Stacey (pictured).
Posted: 19/01/2023
President Biden’s controversial Inflation Reduction Act it, that would see $369bn of investment on climate and energy policies, has been the target of much anger among the 27 EU nations.
Posted: 19/01/2023
SSE is concerned that as a country the UK is not moving fast enough to deliver sustainable energy independence.
Posted: 17/01/2023
Nearly half (41 per cent) of chief sustainability officers (CSOs) do not use carbon offsets due to trust issues, with an additional 43 per cent seeking assurance from rating agencies for validation.
Posted: 17/01/2023
Troubled electric battery manufacturer has held an all-staff meeting during wihich the majority were made redundant before collapsing into administration.
Posted: 17/01/2023
Global CEOs have made a pledge to reduce their real estate emissions by half by 2030 and reach net-zero carbon no later than 2050.
Posted: 16/01/2023
Rolls-Royce has announced that it has conducted successful tests of a 12-cylinder gas variant of the mtu Series 4000 L64 engine running on 100 per cent hydrogen fuel.
Posted: 16/01/2023
The average electric car remains cheaper to run than an equivalent petrol car despite new data from the RAC that reports on charging costs rising over 50 per cent in the past eight months, now costing an average of 70.32p per kW, up from 44.55p this time last year.
Posted: 12/01/2023
Client earth and French organisations Surfrider Foundation Europe and Zero Waste France are taking Danone to court over its global plastic pollution.
Posted: 12/01/2023
Octopus Energy is moving into the domestic solar photovoltaic installation industry, targeting 5,000 installations in 2023.
Posted: 12/01/2023
A study of 505 senior executives from the world’s largest companies, each employing more than 10,000 people, shows that 98% of companies making progress on targets and nearly two-thirds (62 per cent) of those surveyed have now made some form of public commitment or target to address carbon emissions reduction within their organisation.
Posted: 11/01/2023
Oil majors are investing eight times more in biofuels than hydrogen, drawing criticism that European oil refiners in particular are favouring an unsustainable biofuel option over green hydrogen.
Posted: 11/01/2023
With current approaches, the UK might miss its net-zero ambitions, but still achieve an 85 per cent reduction from 1990 levels by 2050, the first edition of DNV’s UK Energy Transition Outlook (ETO) predicts.
Posted: 11/01/2023
The UN believes that the Earth’s ozone layer is on track to recover within four decades, due to success of Montreal Protocol.
Posted: 10/01/2023
The Government has launched a new fund to help SMEs to develop greener and more efficient solutions for freight.
Posted: 10/01/2023
Solar thermal design and engineering company Naked Energy is expanding again after partnering with two leading European engineering-led firms.
Posted: 09/01/2023
The Department for Business, Energy & Industrial Strategy has launched a consultation on the reform of the UK’s Capacity Market, the Government’s main mechanism for ensuring security of electricity supply.
Posted: 09/01/2023
There is considerable public suspicion about corporate ESG claims, with less than a quarter (23 per cent) of the public take ESG claims at face value.
Posted: 06/01/2023
Equinor and RWE have agreed on a strategic energy partnership between their companies. The agreement includes significant acceleration of the hydrogen economy in Germany.
Posted: 06/01/2023
UK start-up Notpla has been declared one of the Earthshot Prize 2022 winners, developing a seaweed-based biodegradable alternative to plastic.
Posted: 06/01/2023
Latest UK electric car sales data shows that one in three new cars sold in December 2022 were electric.
Posted: 05/01/2023
Car maker Stellantis has agreed to significantly expand their partnership with Archer to produce electric vertical take-off and landing (eVTOL) aircraft.
Posted: 05/01/2023
Polling shows 45 per cent of the UK and 61 per cent of under 35s are looking to move to a skilled job where they can help tackle the climate crisis.
Posted: 05/01/2023
The Prime Minister has made his New Year’s speech, placing innovation at the heart of positive change.
Posted: 05/01/2023
National Grid ESO has confirmed that a new wind energy generation record has been set, and on 30 December wind generated 20.918 GW of electricity in the half-hour period between 6 and 6.30pm.
Posted: 04/01/2023
Tesla says that it produced over 439,000 vehicles and delivered over 405,000 vehicles in the fourth quarter of 2022, with vehicle deliveries growing 40 per cent year on year to 1.31 million while production grew 47 per cent 1.37 million.
Posted: 03/01/2023
Banking group SEB is forecasting that 2023 will end a decade of stagnation in renewable energy investment, with an expected jump of 25 per cent in global investments to $600bn.
Posted: 03/01/2023
Extinction Rebellion (XR) has said it has taken a “controversial” resolution to temporarily shift away from public disruption as a primary tactic.
Posted: 03/01/2023
Most of the UK’s electricity is being generated by low carbon energy sources this winter.
Posted: 22/12/2022
The Japanese capital Tokyo has passed laws that will require all new houses to have solar panels.
Posted: 22/12/2022
We will reurn in 2023
Posted: 22/12/2022
The NatWest Group is publishing targets validated by the Science Based Targets initiative (SBTi).
Posted: 21/12/2022
The 1.5 million Bulb customers have now been officially transferred to Octopus Energy.
Posted: 21/12/2022
Stellantis has announced its partnership with Octopus Energy to support electric vehicle drivers across the UK.
Posted: 20/12/2022
The first ever net-zero transatlantic flight is scheduled for 2023, using solely sustainable aviation fuel (SAF).
Posted: 20/12/2022
The three sites from which Rolls-Royce small modular reactor (SMR) will select the location of its first factory have been announced. The heavy pressure vessels (HPV) factory will produce components for a fleet of small modular reactors (SMR) designed and built in the UK.
Posted: 20/12/2022
EU member states have reached agreement on the world’s first major carbon border tax.
Posted: 19/12/2022
At COP15, a significant plan to protect the world’s land and oceans and provide financing to save biodiversity in the developing world has been agreed.
Posted: 19/12/2022
Virgin Atlantic has announced the purchase of 10 million US gallons of sustainable aviation fuel (SAF) per annum to be produced by Gevo and supplied by Virgin Atlantic’s joint venture partner, Delta Air Lines.
Posted: 19/12/2022
The UK has signed an agreement with the EU and North Seas countries on developing renewable energy. UK Minister for Energy and Climate Graham Stuart (pictured) signed the landmark agreement between the UK and the North Seas Energy Cooperation (NSEC) setting the framework for greater cooperation with North Seas neighbours and it is expected to boost the UK’s targets to increase offshore wind fivefold to 50GW by 2030.
Posted: 19/12/2022
Belgium is set to follow France and impose measures to reduce the use of private jets and short-haul flights.
Posted: 15/12/2022
Barclays’ investment in climate-tech start-ups is to be ramped up to £500m by end of 2027.
Posted: 15/12/2022
The UK Government has today announced a delay in the implementation of the country’s green taxonomy.
Posted: 15/12/2022
The Government has floated the idea of banning all new gas boilers in homes from 2026 in favour of boilers that can also run on hydrogen.
Posted: 14/12/2022
The EU is moving to implementation of a tax on foreign companies that want to import products that do not meet the EU’s own climate-protection standards.
Posted: 14/12/2022
HSBC will no longer finance new oil and gas fields, following a shareholder resolution asking HSBC to update its oil and gas policy, which was coordinated by ShareAction and institutional investors earlier this year.
Posted: 14/12/2022
Energy company Hygen is to develop its pipeline of more than 300MW of projects across the UK in advance of a second round of funding scheduled for the second half of 2023.
Posted: 12/12/2022
New analysis by the Energy and Climate Intelligence Unit has found that the area of land that could be affected by onshore wind farms in future is just 0.02 per cent of the UK's total land.
Posted: 12/12/2022
Under a new Batteries Regulation law agreed by EU, batteries destined for EVs are set to become significantly cleaner and greener.
Posted: 12/12/2022
The Sustainable Apparel Coalition (SAC) has launched a new decarbonisation programme which will support and drive the sector to work towards emissions reduction, with a focus on collaboration, member support and delivering tools and guidance to make achieving these targets possible.
Posted: 09/12/2022
The Keadby 3 Carbon Capture Power Station has been granted development consent by the Secretary of State for Business, Energy and Industrial Strategy. 
Posted: 09/12/2022
Marks & Spencer and BP have signed an agreement to bring high-speed electric vehicle (EV) charge points to its stores across the UK.
Posted: 08/12/2022
A broad business coalition of 44 companies have signed a letter to the EC, including Siemens, Maersk, Unilever and PepsiCo, calling for a 2035 deadline to fully replace fossil-powered truck fleets.
Posted: 08/12/2022
An estimated $20tr of climate damage is being linked to massive gas expansion in Qatar.
Posted: 08/12/2022
A proposed mine in Cumbria, near Whitehaven, has been approved by The Department for Levelling Up, Housing and Communities.
Posted: 08/12/2022
A more ambitious EU renewables target could save €200bn and halve fossil gas imports by 2030. Failing to do so would result in continued over-reliance on imported fossil gas and exposure to the many associated economic, political, reputational and climate risks.
Posted: 08/12/2022
Electricity demand in the UK will increase by a factor 2.5 by 2050 compared to today’s levels, and require, 250 GW of new generation capacity, mainly offshore wind and solar, to support the UK’s net-zero ambitions.
Posted: 07/12/2022
The Government will relax restrictions on building onshore wind farms in England, with an existing rule that requires new turbines to be built on pre-designated land to be scrapped.
Posted: 07/12/2022
A completely production standard Mazda MX-5 using zero fossil fuel sustainable fuel has driven 1000-miles around the UK from circuit to circuit.
Posted: 07/12/2022
One in five new cars bought in November 2022 was an electric car.
Posted: 06/12/2022
The global energy crisis is driving a sharp acceleration in installations of renewable power, with total capacity growth worldwide set to almost double in the next five years, overtaking coal as the largest source of electricity generation along the way the IEA says in a new report.
Posted: 06/12/2022
A new study shows that some areas are at risk of being more negatively affected as society moves towards a fossil-free future. In addition, the positive health effects of climate change do not benefit them to the same extent as other social groups.
Posted: 05/12/2022
The EC is proposing new rules on packaging, saying that without action, the EU would see a further 19 per cent increase in packaging waste by 2030, and for plastic packaging waste even a 46 per cent increase.
Posted: 05/12/2022
France is set to ban short-haul domestic flights, insisting that travellers use rail alternatives where possible in a move that is likely to be repeated across the continent.
Posted: 05/12/2022
Shell is buying Nature Energy Biogas for nearly $2bn. Denmark-based Nature Energy is a producer of Renewable Natural Gas (RNG) from agricultural, industrial, and household wastes.
Posted: 05/12/2022
Octopus Energy Group’s generation arm announces the acquisition of UK solar developer and asset manager Zestec Renewable Energy to build cheap solar power on commercial roofs.
Posted: 02/12/2022
Hydrogen-powered commercial vehicle company Hydrogen Vehicle Systems (HVS), has announced a £15m grant from the Government’s Advanced Propulsion Centre (APC) as part of a wider funding package to support zero emission transport.
Posted: 02/12/2022
Ford has invested a further £125m in its Halewood Plant, on Merseyside, taking the total investment in Halewood’s transformation to an EV plant to almost £380m.
Posted: 02/12/2022
WRAP has published its annual updates of its voluntary agreements for the food, plastics and textiles sectors. The UK is making progress in tackling key environmental issues, but a lot more collaboration and action is needed from businesses to achieve the level of change required, and to keep climate goals within reach.
Posted: 01/12/2022
Roadchef, has announced it has raised £4m for Cancer Research UK since the start of its partnership in 2018. The company, which has already hit its fundraising target for 2022, aims to raise a further £1m for the charity next year.
Posted: 01/12/2022
The EU has agreed to bring shipping into the EU’s carbon market (ETS) in a “watershed moment” for one of Europe’s heaviest emitters.
Posted: 01/12/2022
Brookfield Renewable has agreed to provide clean energy capacity to power Amazon’s operations on three continents. Brookfield Asset Management has also selected Amazon Web Services (AWS) as a preferred cloud provider to automate its hydroelectric, wind, and solar operations.
Posted: 01/12/2022
UK Power Networks intends to free up energy capacity across the network to connect more renewables and low-carbon technologies with its new Flexibility Tender.
Posted: 01/12/2022
The UK construction sector has taken a number of significant steps towards net-zero, according to data published this week by the Construction Leadership Council (CLC).
Posted: 01/12/2022
Two-thirds (65 per cent) of UK adults believe that public spending alone cannot solve social issues in their local area, according to new research from Big Society Capital.
Posted: 30/11/2022
The Government has paid £700m to buy out China’s share of the Sizewell C nuclear power plant in Suffolk.
Posted: 30/11/2022
Rolls-Royce and EasyJet today confirmed they have set a new aviation milestone with the world’s first run of a modern aero engine on hydrogen.
Posted: 29/11/2022
Five energy storage projects across the UK will benefit from a share of over £32.9m Government funding.
Posted: 29/11/2022
Business and Energy Secretary Grant Shapps has launched an extra £1bn to the existing £6.6bn Help to Heat energy schemes to enable hundreds of thousands more households benefit from new home insulation.
Posted: 29/11/2022
The University of Manchester and Powerhouse Energy are investigating the recovery of hydrogen for clean energy use.
Posted: 28/11/2022
“Over 95 per cent of the world’s coal consumption is taking place in countries that have committed to reducing their emissions to net-zero,” notes IEA executive director Fatih Birol. “But while there is encouraging momentum towards expanding clean energy in many governments’ policy responses to the current energy crisis, a major unresolved problem is how to deal with the massive amount of existing coal assets worldwide.”
Posted: 28/11/2022
Newcastle University and the Met Office have led a study, published in the Journal Environmental Research Letters, pointing to a picture of changing weather patterns including more frequent storms with more energy.
Posted: 28/11/2022
The UK’s top companies are falling behind their counterparts in providing sustainability information on their websites, finds a new survey.
Posted: 25/11/2022
Europe's biggest battery energy storage system has gone online, with the Pillswood, Cottingham, site becoming operational.
Posted: 23/11/2022
The UN-convened Net-Zero Asset Owner Alliance has called for asset owners and index providers to develop and use net-zero-aligned benchmarks.
Posted: 23/11/2022
Japanese company Marubeni Europower is to increase its collaboration in the UK following the opening of its second UK office in Glasgo, joining the existing London office.
Posted: 22/11/2022
The Financial Times is reporting that recently appointed UN climate chief Simon Stiell is looking to create a more transparent and effective structure to future COPs.
Posted: 22/11/2022
BP brand Aral is piloting two new fuels that could reduce CO2 emissions compared to pure fossil fuels by at least 25 per cent and contain at least 30 per cent high-quality renewable components.
Posted: 22/11/2022
UK company Naked Energy is creating a partnership with Italian energy service company X3Energy that will distribute its solar thermal and photovoltaic thermal (PVT) products across Northern Italy.
Posted: 22/11/2022
COP27 was never going solve all the problems or even find agreement on the issues, but after going into extra time a deal was struck.
Posted: 21/11/2022
The EU has made a proposal of a new fund that could aid developing nations as they cope with climate change.
Posted: 18/11/2022
As the COP27 summit enters its final days, thoughts are already shifting to the upcoming UN Biodiversity Conference (COP15) in Montreal.
Posted: 17/11/2022
France and Spain have become latest countries to announce an end of internal combustion driven vehicle sales, in both cases by 2035.
Posted: 17/11/2022
Global greenhouse gas emissions from oil and gas are up to three times higher than fossil fuel polluters claim.
Posted: 17/11/2022
Start-up Morand has launched a product that can recharge a car in 72 seconds.
Posted: 16/11/2022
At the G20 Summit in Bali, Indonesia, President Biden, Indonesian President Widodo, and EC President Von der Leyen co-hosted a group of G20 leaders committed to deepen engagement under the Partnership for Global Infrastructure and Investment (PGII), widely seen as the West’s answer to China’s Belt and Road Initiative.
Posted: 16/11/2022
As COP27 begins to a close, the G20 has held its 17th meeting, and leaders three have agreed to pursue efforts to that would keep to the Paris Agreement and accelerate the end of coal use, adding some meat to developed nations commitments.
Posted: 16/11/2022
Nick Robins, professor in practice for sustainable finance at the Grantham Research Institute at the London School of Economics, believes that finance is finally ready to transform for a net zero and resilient world.
Posted: 15/11/2022
While gas and coal prices soared in 2022, the growth of solar power across China, India, Japan, South Korea, Viet Nam, the Philippines and Thailand helped avoid using costly fossil fuels according to a report.
Posted: 15/11/2022
The First of a Kind (FOAK) 2022 competition, in partnership with Innovate UK, focused on new concepts that will transform rail travel for passengers and decarbonising the network.
Posted: 15/11/2022
The latest Renewable Energy Country Attractiveness Index (RECAI) from EY Global Power & Utilities has been released, ranking the world’s top 40 markets on the attractiveness of their renewable energy investment and deployment opportunities. The rankings have been made available biannually since 2003.
Posted: 15/11/2022
The World Economic Forum and US Special Presidential Envoy for Climate John Kerry have announced the expansion of a coalition of global companies to commit $12bn in 2030 for green technologies to decarbonise the cement and concrete industry.
Posted: 14/11/2022
Joe Biden has made his appearance at COP27, stating that it is a duty and a responsibility of every country to make commitments on climate change.
Posted: 14/11/2022
The Labour leader Sir Keir Starmer has agreed on the need for reforming the planning system in England to enable onshore wind farms to go ahead, alongside wider measures to boost renewables and cut bills.
Posted: 11/11/2022
Tenzing, a drink brand, and climate intelligence platform CarbonCloud have joined forces for the second annual Knowvember - a month-long campaign bringing climate transparency to the high street.
Posted: 10/11/2022
Premier Foods and charity FareShare have unveiled a new long-term partnership aimed at tackling food waste and supporting those in food poverty.
Posted: 10/11/2022
A new analysis released by Global Witness together with Corporate Accountability and Corporate Europe Observatory has identified at least 636 fossil lobbyists who have been granted access to COP27.
Posted: 10/11/2022
At COP27, Urgewald and 50 NGO partners released the first update of the Global Oil & Gas Exit List (GOGEL) showing that 655 out of 685 upstream companies on GOGEL (96 per cent) have expansion plans.
Posted: 10/11/2022
The criteria for net-zero commitments can have loopholes wide enough to “drive a diesel truck through”, the UN Secretary-General stated as his Expert Group on the matter published its first report.
Posted: 09/11/2022
COP 27 President Sameh Shoukry has called on state and non-state actors to join the Adaptation Agenda at COP27.
Posted: 09/11/2022
Impact investor British International Investment (BII) has announced that it has delivered $500m of climate finance so far this year and is on course to significantly exceed its annual 30 per cent climate finance target.
Posted: 09/11/2022
NatWest’s 2022 Springboard to Sustainable Recovery report finds £175bn revenue opportunity for UK economy between now and 2030, with over 40,000 new SMEs and 260,000 jobs required in critical sectors to reach net-zero targets.
Posted: 09/11/2022
There are no explicit policies aiming to end fossil fuel expansion in surveyed UK pension funds, and only 40 per cent have published 2025 targets to reduce emissions.
Posted: 08/11/2022
The Digital Poverty Alliance (DPA), a charitable initiative representing a broad coalition of third, public and private sector partners working to end digital poverty by the year 2030, has celebrated one year since its launch.
Posted: 08/11/2022
Corporate leaders of more than 50 of the world’s largest corporations have committed bringing their own, and their industry associations’, policy engagement in line with the Paris Agreement.
Posted: 08/11/2022
A leak of the European Commission’s proposal for new Euro 7 air pollution limits for vehicles reveals proposals that go against the recommendations of its own consortium of experts, (known as CLOVE) with standards that barely improve the current Euro 6 standard.
Posted: 07/11/2022
A report from Oil Change International and Friends of the Earth US reveals that between 2019 and 2021 the G20 countries and multilateral development banks provided at least $55bn per year in international public finance for fossil fuels.
Posted: 07/11/2022
The 27th session of the Conference of the Parties to the United Nations Framework Convention on Climate Change (COP27) has started in Sharm El Sheikh, Egypt.
Posted: 07/11/2022
EY interviewed 500 CSOs from $1bn+ companies on climate change initiatives with e subsequent report revealing that 70 per cent of CSOs reported higher than expected financial returns on climate change initiatives.
Posted: 02/11/2022
New data released by CDP indicates that European companies are pricing in the financial implications from climate change.
Posted: 02/11/2022
Amir Sokolowski, global director for climate change at CDP has called the findings of the UN’s Emissions Gap Report “unsurprising” and “terrifying” at the same time.
Posted: 02/11/2022
The Glasgow Financial Alliance for Net Zero (GFANZ) has released a new pan-sector framework for financial institution transition planning, supporting actionable strategies and unprecedented accountability on net-zero commitments.
Posted: 02/11/2022
Walmart, Ørsted and Schneider Electric have announced the first cohort of suppliers to participate in Walmart’s renewable energy accelerator: Gigaton PPA.
Posted: 02/11/2022
The Sustainable Apparel Coalition (SAC) has brought together around 500 representatives from the entire apparel and footwear value chain to address urgent systemic issues relating to human rights and the climate crisis, both in-person and virtually.
Posted: 02/11/2022
Aviva is offering to help good causes with some much needed extra finance.
Posted: 02/11/2022
Following the Secretary of State statement that the statutory deadline set by Parliament for environmental targets will not be met, the Office for Environmental Protection (OEP) has responded, saying that “the failure to meet the deadline is deeply regrettable”.
Posted: 01/11/2022
International investment projects addressing the climate crisis have dipped in the wake of global economic headwinds, stalling years of growing momentum according to the UN Conference on Trade and Development (UNCTAD).
Posted: 31/10/2022
Statistics from National Grid ESO show that onshore and offshore wind farms have generated a record high of 19,936MW of electricity, providing more than half of Britain’s electricity.
Posted: 28/10/2022
Virgin Media O2 and Hubbub are launching a £500,000 fund to boost innovation to tackle electronic waste, the fastest growing waste stream in the world. 
Posted: 28/10/2022
Reports indicate that the Glasgow Financial Alliance for Net Zero (GFANZ) coalition led by former Bank of England governor Mark Carney has dropped a requirement for its members to sign up to a United Nations emissions reduction campaign.
Posted: 28/10/2022
Over £100m of Octopus’s Sky fund is to be invested in Manchester-based EV public charging network Be.EV to scale and install new charge points.
Posted: 27/10/2022
Pressure continues to mount on those financial institutions aiding fossil fuel development by activist groups, with BNP Paribas having been given three months to comply with the French duty of vigilance law.
Posted: 26/10/2022
Nearly half of all businesses (46 per cent) across the UK have ‘recycling food waste’ at the top of their priorities to reduce their organisation’s carbon footprint.
Posted: 26/10/2022
The Ford Fiesta will be ditched in favour of newer EV platforms, with the company expressing no plans for an electric version and is also attempting to secure the supply of low carbon steel for its future operations as it reaches for carbon neutrality by 2035.
Posted: 26/10/2022
Chaozhou has been chosen for a proposed 43.3GW offshore wind farm, under a five-year plan, a huge installation with enough power to provide energy to entire countries.
Posted: 25/10/2022
EU Environment Ministers have agreed to increase the bloc’s climate targets ahead of the COP27 climate conference in Sharm el Sheikh, and following a European Parliament resolution for increased emissions reductions, fossil fuels phase out, scaled up climate finance, and a loss and damage finance facility.
Posted: 25/10/2022
Maximising skills-based volunteering could generate a potential £17bn of value for charities and community groups in the UK according to a study by Pilotlight.
Posted: 25/10/2022
The UK public no longer ranks climate change as the top concern, placing the cost of living as their primary worry, as revealed in the annual SEC Newgate Global ESG Monitor.
Posted: 24/10/2022
Reporting of international climate finance remains flawed, and profoundly unfair says Oxfam.
Posted: 24/10/2022
The latest report from the Sunrise Project, its sixth annual scorecard, has declared new coal projects virtually ‘uninsurable’ and sees oil and gas as beginning to go the same way.
Posted: 24/10/2022
Interest in sustainability across the IT industry is at a record high, and continuing to grow. So says sustainability certification company, TCO Certified, which has this week reached a milestone of 1,000 certified new product models, as defined by strict environmental and social sustainability criteria.
Posted: 21/10/2022
The UK public no longer ranks climate change as its top concern, placing the cost of living as its primary worry. Ensuring quality, affordable energy, fuel and food supplies are the top priorities now for consumers in the UK. These are among the findings of SEC Newgate’s annual Global ESG Monitor, released this week.
Posted: 20/10/2022
Insurer Allianz is calling for greater efforts and higher sustainability standards in motor repairs.
Sustainable car insurance is the focus of today’s 10th Allianz Motor Day, where discussions centre on electric mobility as a key lever for decarbonisation; and green claims management as a way of reducing CO2 emissions.
Posted: 19/10/2022
The Geneva Association has become a supporting institution of the Net-Zero Asset Owner Alliance (NZAOA), a UN-convened alliance of institutional investors committed to transitioning their investment portfolios to net-zero carbon emissions by 2050. Earlier this year The Geneva Association also became a supporting institution of UNEP-FI’s Principles for Sustainable Insurance.
Posted: 18/10/2022
Insurance broker trade body, LIIBA, has announced the return of its STEM Insurance Insight Week, this year with ESG as its theme. Conducted throughout half-term this month, with support from Marsh, LIIBA will offer over 40 pupils aged 14 to 18 the opportunity to gain an insight into this diverse and vibrant industry.
Posted: 17/10/2022
The cost-of-living crisis is forcing UK consumers to make less sustainable choices, according to figures released as part of the insurer Zurich’s Youth Against Carbon initiative.
Posted: 14/10/2022
Forestry England’s partnership programme, the Future Forests Collective, offers businesses the opportunity to support a range of projects across their portfolio.
Posted: 14/10/2022
Lightrock, the private equity platform, has closed its Lightrock Climate Impact Fund (LCIF) with commitments of €860m.
Posted: 14/10/2022
New research from environmental charity Hubbub reveals just over 1 in 4 smokers (28 per cent) are aware that cigarette butts are made from plastic.
Posted: 13/10/2022
As businesses increasingly turn to voluntary carbon offsetting to reach net-zero, doubts are being cast on how effective this remedy actually is.
Posted: 13/10/2022
The World Bank Group’s Country Climate and Development Report (CCDR) for China estimates that it will cost between $14-17tr in additional investments for green infrastructure and technology in the power and transport sectors alone to reach net-zero emissions by 2060.
Posted: 13/10/2022
Nearly fifty civil society organisations and networks - whose members include over 220 organizations on six continents - have publicly written a letter to the Taskforce on Nature-related Financial Disclosures (TNFD) to express their “profound concern” with its work.
Posted: 13/10/2022
Ember has placed the global electricity demand as rising by 3 per cent in the first half of 2022 compared to the same period last year, with renewables meeting all of this extra demand.
Posted: 12/10/2022
The Transition Pathway Initiative Global Climate Transition Centre (TPI Centre), hosted by the Grantham Research Institute at the London School of Economics, will officially convene at an event on 18 October.
Posted: 12/10/2022
As part of the new Energy Prices Bill, the Government has announced it will legislate for a Cost-Plus Revenue Limit, which will act as a cap on revenue renewable generators can receive.
Posted: 12/10/2022
Innovate UK has announced a £19.5 million award to the Foundation Industries Sustainability Consortium (FISC).
Posted: 10/10/2022
Amazon will invest over €1bn over the next five years in zero emission vehicles for its European operations to meet its goal of being carbon neutral by 2040.
Posted: 10/10/2022
In remarks delivered to the General Assembly, UN Secretary-General António Guterres has said that the people of Pakistan are the victims of a “grim calculus of climate injustice”.
Posted: 10/10/2022
The Sierra Club, BankTrack and a coalition of 22 advocacy groups have sent an open letter to the Net Zero Asset Managers Initiative (NZAM), urging it to update expectations for its members to reflect the latest Race to Zero criteria on net-zero.
Posted: 10/10/2022
The winners of the National Sustainability Awards have new been announced.
Posted: 07/10/2022
Half (46 per cent) of the gobal coal industry still on expansion course according to Urgewald and 40 partner NGOs that have released the 2022 update of the Global Coal Exit List (GCEL), providing in-depth data on over 1,000 companies and over 1,800 subsidiaries operating along the thermal coal value chain.
Posted: 07/10/2022
The Government has opened up a new licensing round for oil and gas in the North Sea with 898 locations and up to 100 licences to be granted.
Posted: 07/10/2022
Munich Re, the world's largest reinsurer, has taken a major step away from oil and gas and of 1 April 2023 it will no longer invest in or insure contracts/projects exclusively covering the planning, financing, construction or operation of new oil and gas fields, new midstream oil infrastructure and new oil fired power plants.
Posted: 06/10/202
Nescafé, Nestlé's largest coffee brand, has outlined its plans for more sustainable farming: the Nescafé Plan 2030. The brand is working with coffee farmers to help them transition to regenerative agriculture while accelerating its decade of work under the existing Nescafé Plan.
Posted: 05/10/2022
Trustees of pension schemes now will now be required to calculate and report on the portfolio alignment metric - the alignment of the scheme’s assets with the Paris Agreement goal of limiting global warming to 1.5C above pre-industrial levels.
Posted: 05/10/2022
Hydrogen UK (HUK), the trade association for the hydrogen industry in the UK, has launched ‘Hydrogen Accelerators’ at the Conservative Party Conference, providing a blueprint for the continued development of Britain’s entire hydrogen value chain.
Posted: 05/10/2022
Hubbub and Starbucks’ Bring It Back Fund has awarded over £1m in grants to six innovative projects to boost reuse. Each pilot project will tackle a different way to test and learn how to shift people’s habits to use alternatives to single-use packaging through behaviour-change incentives, research projects, new technology, the expansion of existing successful reuse systems, or developing entirely new service models.
Posted: 04/10/2022
The second Social Value in Construction Benchmarking Report has revealed that over £1bn of economic, social and environmental improvements were made by the UK construction industry last year.
Posted: 04/10/2022
London would require private sector finance to the tune of £75bn to meet the target of being net-zero by 2030.
Posted: 04/10/2022
Mott MacDonald and the Coalition for Climate Resilient Investment (CCRI) have launched a tool that enables asset owners and investors to accurately understand the exposure of critical infrastructure to climate risks.
Posted: 03/10/2022
Companies producing climate-related disclosures are still not translating that information into practical strategies to accelerate decarbonisation.
Posted: 03/10/2022
Researchers at Cardiff University are investigating the storage of renewable energy in the soil beneath our feet.
Posted: 03/10/2022
The Department for Business, Energy & Industrial Strategy has announced Government funding of up to £1.5bn to help 130,000 social housing and low-income properties in England upgrade their energy efficiency.
Posted: 30/09/2022
Brookfield Renewable has announced two further significant investments in the renewable energy sector.
Posted: 30/09/2022
An academic paper, from the University of New Mexico (pictured), on the energy-related climate damages of mining Bitcoin (BTC), finds that under any of three sustainability criteria for signalling when the climate damages may be unsustainable, BTC mining fails all three. .
Posted: 30/09/2022
Following the collapse of the Tailings dam in South Africa earlier this month - where one person has died and over 100 people and houses damaged - the Church of England Pensions Board is leading 100 global investors, managing $23tr of AUM, a call for a new Global Tailings Legacy Rehabilitation Fund.
Posted: 30/09/2022
A new report released today has highlighted the Government’s lack of progress towards meeting its commitments to deliver the UN SDGs in the UK.
Posted: 29/09/2022
Wael Aboulmagd, Egypt's COP27 special representative has warned nations ahead of the summit that the war in the Ukraine will not be an excuse to return to more emissions.
Posted: 29/09/2022
The carbon footprint of emissions financed by pensions from FTSE100 companies is seven times higher than the total reported emissions of those companies.
Posted: 29/09/2022
Fitch Solutions has launched Fitch Ratings ESG Relevance Scores Data, which allows market participants to analyse credit risk as it relates to environmental, social and governance factors.
Posted: 28/09/2022
A New Taskforce on Nature Markets paper has detailed a taxonomy and economic sizing of nature markets, estimating that they produce and trade more than $7tr worth of goods and services annually, equivalent to the third largest economy after the US and China.
Posted: 28/09/2022
If Labour were to win the next election, it would create a publicly owned energy group as a part of its proposed Green Prosperity Plan.
Posted: 28/09/2022
Hertz has signed a memorandum of understanding for the development of a national network of EV charging stations powered by BP pulse in North America.
Posted: 27/09/2022
According to a North Sea report series published today by the Oil and Gas Transitions (OGT) initiative, climate and energy security goals are at risk in the UK, Norway and Denmark due to a lack of clear net zero strategies.
Posted: 27/09/2022
Labour’s Rachel Reeves (pictured) has set out plans for a national infrastructure fund that would support green projects, such as windfarms and battery plants, with an initial pot of £8bn.
Posted: 27/09/2022
EasyJet has launched a roadmap to achieve net-zero carbon emission by 2050 and will see the airline flying zero carbon emission hydrogen-powered aircraft in the future.
Posted: 27/09/2022
Standard Chartered’s Just in Time report investigating the cost and socioeconomic implications of a just transition revealed that almost $95tr of financing is needed to help emerging and developing nations to meet their long-term climate goals.
Posted: 27/09/2022
The C&E Corporate-NGO Partnerships Barometer 2022 by C&E Advisory reveals that the vast majority of respondents (87 per cent of corporates and 86 per cent of NGOs) report that the cost-of-living crisis is featuring or will feature strongly or moderately in their cross-sector partnerships.
Posted: 26/09/2022
Global businesses, financial institutions, and NGOs have announced a common vision for an effective and ambitious global treaty to end plastic pollution. The vision will form the basis for future policy engagements with governments through a newly launched Business Coalition for a Global Plastics Treaty which will be convened by the Ellen MacArthur Foundation and WWF.
Posted: 26/09/2022
The environmental cost of aviation has long been an issue, and the UN aviation agency ICAO has uses offsetting as its key mechanism to decarbonise aviation, but the reality is that this gains little from a long-haul flight, new data by Transport & Environment (T&E) finds.
Posted: 26/09/2022
Amazon has announced that it is expanding its renewable energy portfolio globally, with an additional 2.7GW of capacity across 71 new renewable energy projects. This includes the company’s first renewable energy project in South America and its first solar farms in India and Poland.
Posted: 22/09/2022
HSBC Asset Management has announced its policy to phase out coal-fired power and thermal coal mining from its listed holdings.
Posted: 22/09/2022
WRAP has examined the difference between territorial and consumption-based emissions (which includes emissions connected with imported goods such as food etc.) within the G7 and found 1.8 billion tonnes of GHG emissions, measured in CO2eq are currently being missed by focusing on territorial emissions, and not equally on consumption-based emissions.
Posted: 22/09/2022
NatWest and the Federation of Small Businesses have analysed the impact that rising energy bills are having on SMEs’ ability to take action on climate.
Posted: 22/09/2022
Denmark has become the first country to offer ‘compensation’ for its part on climate change, promising €13.4 million to developing nations
Posted: 22/09/2022
New research reveals a mismatch between employees’ purpose commitment and large firms’ purpose implementation.
Posted: 22/09/2022
Producing and combusting the world’s fossil fuel reserves would yield over 3.5 trillion tonnes of greenhouse gas emissions, over seven times the remaining carbon budget for 1.5C and more than all emissions produced since the industrial revolution.
Posted: 21/09/2022
Antonio Guterres, the secretary-general of the United Nations has asked richer countries to impose a windfall tax on fossil fuel companies.
Posted: 21/09/2022
Barclays Corporate Banking has announced the launch of its Sustainable Residential Development Framework, designed collaboratively with CBRE Environmental Consulting Group to help support the financing, monitoring, data collection and delivery of green residential development loans.
Posted: 21/09/2022
Jaguar Land Rover is ‘inviting’ its global supply network to commit to sustainability targets approved by the Science Based Targets initiative (SBTi) by 2030 as the company attempts to reach carbon net-zero across its supply chain, products, and operations by 2039.
Posted: 21/09/2022
The Biden-Harris Administration through the US Department of Agriculture (USDA) is investing up to $2.8bn in 70 selected projects under the first pool of the Partnerships for Climate-Smart Commodities funding opportunity.
Posted: 21/09/2022
Generation Investment Management, the chairman of which is Al Gore, has released its sixth annual assessment of the global state of sustainability.
Posted: 21/09/2022
The first annual Breakthrough Agenda Report, requested by 45 world leaders, has delivered a summary of actions needed to utilise clean technologies globally.
Posted: 20/09/2022
Whilst being the most advanced economies, the G20 are collectively failing to deploy renewables according to a new report, Ambition on Renewables in the G20 by Climate Group, developed in partnership with REN21.
Posted: 20/09/2022
The 2022 Global Investor Statement to Governments on the Climate Crisis has gained 532 investor signatories representing $39tr in assets in a unified call for government action and advocating for governments to enact ambitious policies that would leverage the private capital required to effectively address the climate crisis.
Posted: 16/09/2022
The OPEC Fund has adopted its first climate action plan, which commits the organisation to increase its climate financing to 25 per cent by 2025 and 40 per cent by 2030.
Posted: 16/09/2022
A study from Oxford University predicts that moving from fossil fuels to renewable energy could save $12tn by 2050 globally.
Posted: 15/09/2022
The EU generated a record 12 per cent of its electricity from solar from May to August 2022, helping to avoid a potential €29 billion in fossil gas imports.
Posted: 15/09/2022
All of outdoor wear company Patagonia’s voting stock has been transferred to the Patagonia Purpose Trust, whilst all of its non-voting stock goes to non-profits dedicated to fighting for the environment.
Posted: 15/09/2022
Short-term challenges to the energy transition are delaying a surge in renewable energy investment in 2023.
Posted: 15/09/2022
AXA is launching of the AXA Forests for Good programme to help restore damaged forest ecosystems and make them more resilient to climate change.
Posted: 14/09/2022
Africa has been losing between 5 to 15 per cent of its GDP per capita growth because of climate change and its related impacts, according to African Development Bank Group (AfDB) acting chief economist and VP Kevin Urama.
Posted: 14/09/2022
Volvo Trucks is starting series production of heavy electric trucks. Production will start in the Tuve factory in Gothenburg, Sweden and next year the factory in Ghent, Belgium will follow.
Posted: 14/09/2022
Compass Group, the world’s largest food services group, has successfully issued two sustainable bonds, raising proceeds of €500m and £250m respectively, which will be used to progress the group’s sustainability initiatives and the delivery of its global climate net-zero target.
Posted: 14/09/2022
Ethereum, the second biggest cryptocurrency, is aiming to make cryptocurrency greener with the launch of its Merge update that will reduce Ethereum's energy consumption by around 99.95 per cent.
Posted: 14/09/2022
Six in ten UK retail investors are increasing their investments in renewables, according to research commissioned by Thrive Renewables.
Posted: 14/09/2022
Toyota, the largest car maker globally, has remained at the bottom of Greenpeace East Asia’s latest industry ranking for transition to zero-emission vehicles.
Posted: 12/09/2022
Following the death of Her Majesty Queen Elizabeth II, businesses are paying tribute to Britain’s much loved and longest reigning monarch, who passed away peacefully at Balmoral yesterday at the age of 96, having reigned for 70 years.

Image: Shaun Jeffers / Shutterstock.com
Posted: 09/09/2022
The overall pipeline of onshore wind projects in the UK has increased by over 4GW in the last twelve months, up from 33GW in October 2021 to 37GW today. The pipeline includes projects which are operational, under construction, consented or being planned.
Posted: 08/09/2022
The Africa Adaptation Summit was meant to be a breakthrough for Africa, but African delegates arrived In the Netherlands to be greeted only by the UK’s Alok Sharma and the Dutch premier Mark Rutte as the European representatives.
Posted: 07/09/2022
An Epson factory in Indonesia (IEI) is transitioning from coal to palm kernels, moving approximately 37GWh of electricity from fossil fuels to renewable biomass annually.
Posted: 07/09/2022
Over 100 civil society and trade union organisations have criticised the EU, demanding that it issue a strong due diligence law that effectively prevents and holds business accountable for environmental and human rights violations.
Posted: 07/09/2022
Polling in every constituency has shown that the current energy cries is creating support for building wind farms.
Posted: 07/09/2022
Researchers have developed a new method for assessing the impacts of ozone-destroying substances that threaten the recovery of the ozone layer.
Posted: 06/09/2022
TotalEnergies, Northern Lights and Yara will start work on the first cross-border CO2 transport and storage agreement, transporting and storing CO2 captured from Yara Sluiskil, an ammonia and fertiliser plant in the Netherlands.
Posted: 06/09/2022
Ørsted has announced that the world’s largest installed windfarm, Hornsea 2, is now fully operational.
Posted: 06/09/2022
A TV advertisement for Persil washing liquid with an image of a littered beach has been banned after complaints that the claim that Persil was “kinder to our planet” were misleading and could not be substantiated.
Posted: 06/09/2022
Two concepts are taking root that could help create greater solar energy for less space. Researchers in Cambridge have developed floating ‘artificial leaves’ that generate clean fuels from sunlight and water and could eventually operate on a large scale at sea, whilst SolarBotanic have made a solar tree.
Posted: 06/09/2022
SSE Renewables has donated around £9.6m to community groups across the UK and Ireland, as revealed in the company’s Community Investment Review.
Posted: 06/09/2022
A lack of climate risk expertise and data are the main obstacles for climate financial disclosure in the Philippines and Singapore, according to a new report published this week by WTW. With Southeast Asia being one of the most vulnerable regions to climate change, companies there are increasingly aware of the financial impact of climate change but are falling behind schedule with TCFD preparations.
Posted: 02/09/2022
Global banking giant UBS has signed a 10-year agreement with carbon dioxide removal pioneer, Climeworks. The bank is the latest – and the largest – financial services company to commit to Climeworks’ carbon removal solution; and is itself a founding member of the Net-Zero Banking Alliance (NZBA) and the Glasgow Financial Alliance for Net Zero (GFANZ).
Posted: 01/09/2022
Donations from supply chain risk management organisation, CHAS, are helping fund the work of local environmental charity, Sustainable Merton. Founded in 2007, the charity is dedicated to inspiring, mobilising and enabling the Merton community to respond to the climate emergency while also improving local quality of life
Posted: 31/08/2022
The Allianz Sports Fund has donated £50,000 to local sports clubs in support of diversity and inclusion initiatives. Launched in 2021, the scheme allows insurance broker partners to nominate a local sport club or team that takes part in an Olympic or Paralympic sport, for a donation of between £500 and £3,000.
Posted: 30/08/2022
This June, the UK imported no fuel from Russia according to Office for National Statics (ONS) figures.
Posted: 26/08/2022
California has long been the US state that has led environmental policy and in particular been ahead of the curve on electric cars. The state is now to ban the sale of new petrol-only vehicles by 2035.
Posted: 26/08/2022
British Gas is to donate 10 per cent of profits to its Energy Support Fund to provide grants to the most financially vulnerable customers for the duration of the energy crisis.
Posted: 26/08/2022
The impact of ESG on M&A activity and corporate strategy has analyses in a new study by Coleman Research.
Posted: 25/08/2022
The IFC is employing blockchain to help it accelerate the use of carbon offsets.
Posted: 24/08/2022
The FCA is establishing a new advisory committee to the FCA’s Board to work on Environmental, Social and Governance issues.
Posted: 24/08/2022
Germany has struck an agreement Canada for the latter to provide bulk hydrogen in a bid to stave off its energy crisis.
Posted: 24/08/2022
Vodafone has announced it will be the first principal partner for the COP27 UN Climate Change Conference hosted in Sharm-el-Sheikh in November 2022.
Posted: 24/08/2022
Octopus Energy Group’s new renewables fund, Octopus Energy Development Partnership (OEDP) is making its debut investment in renewables developer Exagen to build new green energy and rapidly grow the UK’s energy storage capacity.
Posted: 24/08/2022
Virgin Media O2 is donating £2m to digital inclusion charity, Good Things Foundation, to help disadvantaged people across the UK get online and gain vital digital skills, as part of a new three-year partnership.
Posted: 24/08/2022
A report from the Grantham Research Institute makes the case that banks and investors need to track their funding of farming, forestry and fishing sectors to ensure that they deliver climate and biodiversity goals in line with social goals.
Posted: 23/08/2022
Decarbonisation scenarios produced by BP, Shell and Equinor are incompatible with the climate objectives of the Paris Agreement, according to a new study led by research organisation Climate Analytics.
Posted: 22/08/2022
The British Geological Survey is warning that groundwater is a cause for concern, playing as it does an important role in water supply in the UK, both for agriculture and irrigation and for public supply.
Posted: 22/08/2022
Coca-Cola Europacific Partners (CCEP) has implemented a new sustainability-linked supply chain finance programme, structured and operated by Rabobank.
Posted: 19/08/2022
A year ago, the National Ignition Facility at Lawrence Livermore National Laboratory in California attempted to create nuclear fusion. After exhaustive research, academic believe that this moment might indeed have been the moment that ignition of a controlled fusion was truly created for the first time.
Posted: 19/08/2022
New data from the University of Maryland (UMD), now available on Global Forest Watch (GFW), provides a detailed view of how fires are destroying tree cover loss across the globe.
Posted: 18/08/2022
Ceres, the not-for-profit environmental organisation, together with 64 institutional investors with nearly $10tr AUM, is asking companies to engage in sustainable water leadership.
Posted: 18/08/2022
National Grid ESO is looking to reshape energy transition by employing virtual scenario planning tools to plan future energy scenarios and incorporate renewables, including green hydrogen.
Posted: 18/08/2022
Gridserve has secured an initial £200m investment from Infracapital, the infrastructure equity investment arm of M&G.
Posted: 17/08/2022
The Securities and Exchange Commission (SEC) is attempting to rein in the misuse of ‘green’ and ‘ESG’ labels in investment products.
Posted: 17/08/2022
The Iceland Food Club is now available nationwide, rolling out nationally a scheme that provides loans over short periods.
Posted: 16/08/2022
PwC has long held a requirement for a first or two-one degree, but now will use a different assessment criterion to gatekeep its access to programmes such as undergraduate and graduate roles, internships and placements.
Posted: 16/08/2022
United Nations Secretary-General António Guterres has announced the appointment of Simon Stiell (pictured) as executive secretary of the United Nations Framework Convention on Climate Change (UNFCCC).
Posted: 16/08/2022
Tesco is using a zero-emission electric lorry to make deliveries from its distribution centres to stores in city centres.
Posted: 12/08/2022
Energy company Drax has suffered a fall in share price following questions from Business Secretary Kwasi Kwarteng over the sustainability of importing wood pellets
Posted: 11/08/2022
ScottishPower is pondering a multi-hundred MW green hydrogen production facility at the Port of Felixstowe.
Posted: 10/08/2022
The US Senate has approved a $700bn economic package that will, in part, tackle climate change.
Posted: 09/08/2022
Thirteen civil society organisations are sounding the alarm about the corporate greenwashing on nature that the work of the Taskforce on Nature-related Financial Disclosures (TNFD) might facilitate.
Posted: 08/08/2022
Octopus Energy and Nest will take a stake in the Hornsea One Wind Farm, the world’s largest operational offshore wind farm.
Posted: 08/08/2022
Royal Mail has announced it has passed the milestone of 3,000 electric vehicles across its delivery and collection fleet. The roll-out includes many cities where low emission zones are in force, including London, Bristol, Glasgow, Cambridge and Oxford.
Posted: 08/08/2022
The Mallard Pass Solar Farm, potentially the largest solar farm in the UK, has ended with opponents saying that giving a go ahead to the project would endanger wildlife and reduce agricultural land.
Posted: 08/08/2022
The UK Government has awarded £37m in funding for innovative biomass projects, under plans to scale up domestic renewable energy. Increasing the growth of elephant grass (miscanthus), farming seaweed off the North Yorkshire coast, and increasing the harvesting capacity for willow are among 12 projects receiving a share of the pot under Phase 2 of the Biomass Feedstocks Innovation Programme.
Posted: 05/08/2022
Private equity investor in the energy storage sector, Gore Street, has selected Nidec Group to supply engineering, procurement and construction services for the firm’s Ferrymuir and Stony battery storage sites.
Posted: 04/08/2022
Octopus Energy Generation is partnering with turbine manufacturer EWT on plans to repower up to 1,000 existing onshore wind turbines in the UK to help boost energy security.
Posted: 01/08/2022
BP has unveiled plans to invest up to £50m in a new, state-of-the-art electric vehicle battery testing centre and analytical laboratory in the UK. The company has previously announced its intention to invest up to £18bn in the UK’s energy system by the end of 2030.
Posted: 01/08/2022
Asset manager ICG’s debut Infrastructure fund, ICG Infra I has acquired British Solar Renewables (BSR), one of the largest integrated solar developers in the UK.
Posted: 01/08/2022
The Government has provided £54m of funding to support the rollout of heat networks helping reduce energy bills and support local regeneration.
Posted: 01/08/2022
According to estimates each UK citizen emits, on average, eight tonnes of CO2e per year, meaning that each person should plant 650 trees to fully offset their environmental impact.
Posted: 01/08/2022
Britishvolt has received confirmation from the Government that it is to receive funding from the Advanced Propulsion Centre’s Automotive Transformation Fund (ATF), supporting its plans to build a £3.8bn advanced technology battery cell Gigaplant in Northumberland.
Posted: 29/07/2022
The exceptional heatwave affected large parts of the UK is almost certainly a result of human induced climate change, say a group of international scientists.
Posted: 29/07/2022
The annual BEIS report into energy, the Digest of UK Energy Statistics (DUKES) reveals that in 2021 renewable energy generation actually fell in 2021 by 9.3 per cent but remains the second-best year on record.
Posted: 29/07/2022
When Charles Rolls drove a 1900 electric car named the Columbia, he made a prophecy: “The electric car is perfectly noiseless and clean. There is no smell or vibration. They should become very useful when fixed charging stations can be arranged.”
Posted: 29/07/2022
The Met Office’s latest annual report shows the continuation of warmer than average years and increasing rate of sea level rise around the UK.
Posted: 28/07/2022
The Mayor of London, Sadiq Khan, has launched a £3.1m tree planting package to help cool the city, create habitats for London’s wildlife, reduce flood risk and help to tackle climate change through absorbing and storing carbon.
Posted: 28/07/2022
One in three products surveyed within the Department of Health's salt reduction programme failed to meet their targets, according to Action on Salt.
Posted: 28/07/2022
The latest NatWest Sustainable Business Tracker shows signs that UK businesses are seeking to reduce the carbon footprint of their supply chains with the strongest sustainability intentions by business since February 2020.
Posted: 27/07/2022
Supply chain companies in the UK offshore oil and gas sector are in prime position to win work in carbon capture and storage (CCS) a new report finds today.
Posted: 27/07/2022
Octopus Energy Group has closed its most recent funding round, securing $325m from its existing shareholders and an additional $225m from the Canada Pension Plan Investment Board (CPP Investments) for a total of $550m.
Posted: 26/07/2022
Schroders and Conservation International have created a partnership to accelerate investment in natural climate solutions in South East Asia. The collaboration has established Akaria Natural Capital as one of the first dedicated natural capital impact investment managers in Singapore.
Posted: 26/07/2022
The IMF’s first gender strategy, aimed at integrating gender into the Fund’s core activities, has been announced by IMF MD Kristalina Georgieva (pictured).
Posted: 25/07/2022
The Government has announced £3m of grant funding for space-based solar power projects.
Posted: 25/07/2022
US venture capital firm Fifth Wall has reached $500m of investment for its innovative fund that will invest in software, hardware, renewable energy, energy storage, smart buildings, and carbon sequestration technologies to decarbonise the $10.5tr global property market.
Posted: 22/07/2022
Grant Shapps (pictured) has launched the Government’s new Jet Zero strategy, a plan for achieving net-zero aviation by 2050.
Posted: 21/07/2022
The High Court has ruled that the Government’s net-zero strategy as it currently stands breaches the Climate Change Act and needs to be strengthened.
Posted: 21/07/2022
Octopus Hydrogen and GeoPura have announced a partnership to supply green hydrogen that will replace diesel-powered generators.
Posted: 19/07/2022
Microsoft and Climeworks have signed a long-term agreement for carbon removal.
Posted: 18/07/2022
Environmental, social and governance (ESG) investing and reporting is facing existential questions associated with a lack of standardisation, regulation and common purpose.
Posted: 18/07/2022
Ofwat, the economic regulator of water services in England and Wales, has announced a new competition for innovators to encourage more diverse ideas to transform water services.
Posted: 18/07/2022
Ofgem has put forward a range of potential reforms to reduce UK’s reliance on expensive gas imports and accelerate the transition towards cleaner, more secure and affordable supplies of home-grown energy.
Posted: 18/07/2022
US-based carbon credit registry, BCarbon, has issued its first international soil carbon credits in the UK, as part of an initiative to reverse climate change by using farmland to pull harmful carbon from the atmosphere. The transaction, issued to Future Food Solutions, certifies soil carbon sequestration in no-till barley cropland using cover crops.
Posted: 15/07/2022
The Eden Project has teamed up with Lancaster-based LiNa Energy to use its next generation batteries at a proposed ecological site.
Posted: 13/07/22
United Utilities has agreed to sell its portfolio of renewable energy assets in a £100m deal, it was confirmed on Tuesday.
Posted: 12/07/22
Rolls-Royce has commissioned its first in-house test stand for mtu hydrogen engines. The move marks the latest milestone on the company's road to climate-neutral products for energy supply, and forms part of its 'Net-Zero at Power Systems’ sustainability programme launched last year - under which it committed to reducing greenhouse gas emissions by 35% by 2030.
Posted: 11/07/2022
The National Grid ESO’s Holistic Network Design (HND) has been published, the blueprint for a single, integrated approach to support large scale delivery of electricity from offshore wind for the nation.
Posted: 08/07/2022
Another potential case of greenwashing is et to go to court. Fossielvrij Netherlands and Reclame Fossielvrij in filing a lawsuit in the Netherlands against Dutch airline KLM over misleading marketing that promotes the sustainability of flying.
Posted: 08/07/2022
A new programme has been launched to accelerate the next wave of low carbon transport. Created by UK Power Networks, the programme will identify common challenges across groups and sectors, that until now have not needed to work with their local energy distributor, then identify common challenges and design practical solutions to help.
Posted: 07/07/2022
European MEPs have voted in favour of the EU Commission’s proposal to label gas as ‘green’ in the EU’s taxonomy of sustainable investments.
Posted: 07/07/2022
The latest auction for Contracts for Difference (CfD)to generate clean power has secured the largest ever amount of renewable energy at record low prices.
Posted: 07/07/2022
Wind and solar energy could be kept for the longer term by storing heat in ordinary sand.
Posted: 05/07/2022
Property consultancy Knight Frank is offering its 2,220 UK employees a company branded debit card which allows them to make charitable donations.
Posted: 05/07/2022
The SMMT's data on new car registrations show that electric car sales are around 16 per cent of the total, placing the UK close to the Government's target for EVs two years early.
Posted: 05/07/2022
The FCA has responded to feedback on a consultation in to the on potential harms that may require policy intervention and on actions we could take to enhance market effectiveness and promote a sound ESG data ecosystem. 
Posted: 04/07/2022
The Taskforce on Nature-related Financial Disclosures (TNFD) released version 0.2 of its beta framework for nature-related risk and opportunity management and disclosure. This release builds on the first iteration release in March and features TNFD’s approach to metrics and additional guidance for market participants to start pilot testing. Ongoing market feedback will support the further design and development of the TNFD recommendations due in September 2023.
Posted: 04/07/2022
NatWest’s Carbon Planner has been launched as a free to use digital platform to help UK businesses manage their fuel and operational costs and reduce their carbon footprint.
Posted: 04/07/2022
Hubbub is launching Reuse Systems Unpacked, a report based on research funded by Bunzl and involving in-depth interviews with 40 organisations and individuals in the sphere of reusable food and drink packaging, including Tesco, DEFRA, Just Eat and Abel & Cole. The report provides recommendations on how reusable packaging systems can work and what needs to happen for such systems to be used by consumers and become mainstream.
Posted: 04/07/2022
The Mayor of London has announced the first steps toward powering the Tube network with 100 per cent renewably sourced electricity through the launch of a Power Purchase Agreement tender, which should help meet the target of the Capital reaching net-zero carbon by 2030.
Posted: 04/07/2022
The Cambridge Institute for Sustainability Leadership (CISL) and global law firm DLA Piper have launched a two-year, global research collaboration to study the shifts in governance and leadership that will enable organisations to align business success with sustainability. The Future of Boards study will combine existing academic and practitioner research with insights from board directors and key stakeholders.
Posted: 01/07/2022
Just 18% of UK SMEs appear to be aware of the UN Sustainable Development Goals, according to research published this week by the British Standards Institution. Over half of large businesses in the UK are also unaware of the SDGs, the organisation says, with awareness at its lowest in the hospitality and leisure, education and media and communications sectors.
Posted: 30/06/2022
A study of climate policy commitments in the emerging world has identified Bangladesh, Malaysia, the Philippines, Chile and Senegal among the nations and territories most strongly committed to prioritising climate when making public policy.
Posted: 29/06/2022
A global search is underway for the next generation of projects that will build resilience in the world’s coastal communities. Run by ORRAA, and launched to coincide with the start today of the UN Ocean Conference, the project is the outcome of the pledge made by Prime Minister Justin Trudeau at COP26 in Glasgow.
Posted: 28/06/2022
Specialist insurer Beazley is to offer clients that opt in to Marsh’s Environmental, Social and Governance Risk Rating global access to additional capacity through its Lloyd’s of London Syndicate 4321.
Posted: 27-06-2022
Axa is further committing to its membership of the Ocean Risk and Resilience Action Alliance (ORRAA). Insurance is an important tool for incentivising investment and more effectively protecting climate vulnerable coastal communities. Axa is one of the founding members of the Alliance and global lead insurance partner.
Posted: 24/06/2022
The North Sea Transition Authority (NSTA) is launching the UK’s first-ever carbon storage licensing round with 13 areas of exciting potential available.  
Posted: 16/06/2022
A senior civil servant dedicated to boosting philanthropy in the UK should be appointed by the Government as part of a Whitehall drive to unlock the full potential of giving, according to a new report.
Posted: 16/06/2022
The UN-backed Race to Zero campaign has updated its criteria following major international consultation with over 200 experts and civil society groups.
Posted: 15/06/2022
Climate change could have very different effects on the world’s currencies, with China’s yuan and the Japanese yen suffering most unless more effective action is taken against climate change.
Posted: 15/06/2022
Research by the Co-operative Bank and Opinium has found that a majority of people overall (59 per cent) want more green investment. This was despite worries in the cist of living and fuel price increases.
Posted: 15/06/2022
The Investor Coalition on UK Food Policy, a group of 23 investors managing investment assets of £6tr, has called on the Government to commit to mandatory health and sustainability standards for food companies.
Posted: 14/06/2022
A cross-party coalition is attempting to block the EU’s inclusion of nuclear and gas from its taxonomy.
Posted: 14/06/2022
Although more than one-third of world’s largest publicly traded companies now have net-zero targets, two-thirds (65 per cent) of corporate targets do not yet meet minimum procedural reporting standards.
Posted: 13/06/2022
A new platform to help reduce food waste is currently being trialled and set to be launched by some of the UK’s leading brands.
Posted: 13/06/2022
IFC and Amundi have revealed their Emerging Market Green Bonds Report 2021, which highlights a sharp rebound in issuance of green bonds in emerging markets and developing economies in 2021.
Posted: 13/06/2022
Caterpillar's annual general meeting revealed that 96 per cent of investors now support a shareholder resolution filed by As You Sow, Amalgamated Bank, Canada Post, and SHARE.
Posted: 09/06/2022
Richer countries are only halfway to delivering the $40bn a year promised to poorer countries to aid them in the transition to be more sustainable.
Posted: 09/06/2022
The plans to reform the EU ETS carbon market have suffered a setback as MEPs have rejected the proposed changes and have returned it to the parliament committee for a redraft.
Posted: 09/06/2022
Octopus Energy has signed its first renewable generation deal in Germany to build Gaishecke, a 35MW onshore wind farm in Hessen, near Frankfurt.
Posted: 09/06/2022
According to a recent report on workplace chargers, there are 33,000 charge points at work, against 31,500 at public sites. Mobility group Transport & Environment (T&E), which commissioned the study, says that this doubles the amount of infrastructure available to drivers.
Posted: 08/06/2022
Royal Mail has brought forward its Net Zero target by a decade to 2040 and is committing to near term emissions targets in line with climate science, reducing absolute Scope 1 and 2 greenhouse gas emissions by a quarter by 2025/26 and Scope 3 emissions by another quarter by 2030.
Posted: 08/06/2022
The Floating Offshore Wind Task Force has been created to ensure that the UK stays at the forefront of this cutting-edge technology, creating thousands of new jobs and attracting billions in private investment.
Posted: 07/06/2022
Recommendations from over 300 experts have outlined roadmap to scale up environmental markets and catalyse private investment to help fill annual £5.6bn financing gap for UK nature recovery.
Posted: 07/06/2022
Several businesses including Google, Unilever and Hitachi are to road-test a new Provisional Claims Code of Practice, aimed at bringing integrity to corporate claims made about voluntary use of carbon credits.
Posted: 07/06/2022
Virgin Money has launched the first dedicated fund to support farmers in their transition to net-zero offering lower cost loans that can be used to invest in changes which reduce on-farm emissions. The £200m Agri E Fund is the first fund offered in the UK dedicated to supporting farmers with the investment and carbon audits required to help them achieve their net-zero target.
Posted: 06/06/2022
The Net Zero Asset Managers initiative has announced that 83 asset managers have now set initial targets, with 39 per cent of their assets ($16tr) now committed to be managed in line with achieving net-zero by 2050 or sooner.
Posted: 06/06/2022
Based on banks’ and insurers’ projections of climate losses in the Climate Biennial Exploratory Scenario (CBES) exercise, the estimated costs to large UK financial institutions from climate change appear manageable considering the BoE's plausible representations of what might happen.
Posted: 01/06/2022
Good Energy has committed to a target of halving the carbon emissions of its business by 2030, outlined in its new 2021 Purpose Report.
Posted: 01/06/2022
German regulator BaFin has raided the offices of Deutsche Bank on suspicion of the fraudulent advertising of sustainable investment funds at its DWS unit.
Posted: 01/06/2022
Despite claiming it had met is target, the EU missed its self-imposed target of spending at least 20 per cent of its 2014-2020 budget on climate action, according to a special report published by the European Court of Auditors (ECA).
Posted: 01/06/2022
A diversity of views can be a good thing but as HSBC is finding out, it can be an issue if one of your senior bankers decides to savage your own policies.
Posted: 30/5/2022
Fiat has announced the removal of all non-electrified vehicles from sale in the UK. This will take effect from 1 July 2022 with the whole Fiat range now coming in electrified forms.
Posted: 30/5/2022
The G7 group of nations has made a commitment to work towards the phasing out of coal.
Posted: 30/5/2022
A safety consultant for Shell has resigned, citing failures at the board level in protecting the climate.
Posted: 26/05/2022
Virgin Media O2 is launching a new campaign, Do One Thing, encouraging people to take positive action to protect the planet for current and future generations.
Posted: 25/05/2022
Britishvolt is to acquire the advanced technology battery cell developer and manufacturer EAS.
Posted: 25/05/2022
Scottish Widows has published a new report outlining how the pensions industry can help deliver a ‘just transition’ on the path towards a decarbonised global economy.
Posted: 25/05/2022
Stellantis, the maker of Chrysler, Citroën, Fiat, and Vauxhall vehicles, and Samsung will jointly establish a $2.5bn electric-vehicle battery manufacturing facility in the US city of Kokomo.
Posted: 25/05/2022
The global economy could suffer by $178tr to 2070, (or to put it another way, an eight per cent drop in GDP) according to a report from the Deloitte Center for Sustainable Progress.
Posted: 24/05/2022
Retailers across Europe are guilty of promoting false solutions to the plastic pollution crisis and perpetuating double standards, a new report finds.
Posted: 24/05/2022
The US Securities and Exchange Commission is about to crack down on greenwash i investment products.
Posted: 24/05/2022
The world’s first rapid testing facility for tidal turbine blades, which researchers say can speed up development of marine energy technologies while helping to reduce costs, has opened.
Posted: 23/05/2022
Although Shell’s Energy Transition Progress Report sets decarbonisation targets, climate campaigners suggest that it cannot align with the Paris Agreement and that the company will overshoot its 1.5C carbon budget by 40 per cent.
Posted: 23/05/2022
The UN needs to drop its current model for sustainable development, a letter from 100 global scientists says, urging an “urgent refocusing of international aid and cooperation”.
Posted: 23/05/2022
The global green economy covers a diverse range of activities, and whilst all have performed well in recent years, the research from FTSE Russell Green Revenue data finds it lagging in some areas compared to previous performance.
Posted: 20/05/2022
The Netherlands is planning to make it mandatory to install heat pumps systems in four years’ time, as EU countries desperately attempt to stop dependence on Russian gas.
Posted: 20/05/2022
The Government has awarded £9.3m innovation funding to Vattenfall to build 8MW offshore hydrogen electrolyser at its test and demonstration wind farm in Aberdeen Bay
Posted: 19/05/2022
A group of 12 leading UK pension funds, including BT Pension Fund and Legal and General Mastertrust, and convened by the Church of England Pensions Board, representing £400bn assets under management and working on behalf of over 18 million members, will jointly consider how to support the climate transition in emerging markets.
Posted: 19/05/2022
Vodafone has signed ten-year deal for three new solar farms in Lincolnshire, Worcestershire and Nottinghamshire.
Posted: 19/05/2022
After the controversial labelling of gas and nuclear as ‘green’ under the EU taxonomy, UKSIF has voice its concerns that the UK may follow the same path.
Posted: 19/05/2022
Carmakers Ford and Volvo Cars join 26 other companies in public call to EU legislators ahead of crucial votes that could ensure all new cars and vans in Europe are zero emission from 2035 and to establish mandatory charging infrastructure targets.
Posted: 17/05/2022
The Alliance to End Plastic Waste and Lombard Odier Investment Managers have formed a partnership to launch a circular plastic fund.
Posted: 16/05/2022
A cross-industry steering group, representing stakeholders across the built environment, have joined together to develop a standard for verifying UK buildings as net-zero carbon.
Posted: 16/05/2022
The Government has halted plans to force corporates to disclose environmental impacts, removing the proposals from the Queen’s Speech.
Posted: 16/05/2022
There were cheers across the tables as Barclays and Refuge were awarded the Partnership with a National Charity Award, while Greene King and Macmillan Cancer Support took home the Best Scheme to Encourage Staff Fundraising – long-term partners award.
Posted: 12/05/2022
A report, Powering the Drive to Net Zero, concludes that only the private sector can provide finance at the pace and scale needed to enable the transition to cleaner road transport.
Posted: 12/05/2022
Two Bills announced in the Queen’s Speech will potentially help reach the net-zero ambitions set out in the Energy Security Strategy announced last month.
Posted: 12/05/2022
By 2030, Shell UK aims to have 100,000 public EV charge points across the country. Of these, 11,000 will be rapid chargers, and overall 90 per cent of all UK drivers will be within a 10-minute drive of a Shell rapid charger.
Posted: 12/05/2022
There is a 50:50 chance of the annual average global temperature temporarily reaching 1.5 C above the pre-industrial level for at least one of the next five years – and the likelihood is increasing with time, according to a new climate update issued by the World Meteorological Organization (WMO).
Posted: 10/05/2022
Seven out of ten UK adults with investments say they would be more likely to choose an investment in a fund or organisation if they knew it was having a positive social or environmental impact, according to research from Big Society Capital.
Posted: 10/05/2022
BASF and Brookfield have concluded a 25-year fixed-price renewable electricity supply agreement to purchase the solar and wind power for the BASF Zhanjiang Verbund site in China under the Renewable Energy Trading Rules in Guangdong Province.
Posted: 10/05/2022
Despite the war in the Ukraine, John Kerry believes that COP26 remains a viable attempt to curtain climate change
Posted: 10/05/2022
UK Research and Innovation (UKRI) and the Defence Science and Technology Laboratory (Dstl) have invested £20.6 million into innovative projects across the UK, including as project to engineer microbes to recover metals from the environment.
Posted: 09/05/2022
A key parliamentary committee will vote votes on the revision of the EU's car and van CO2 standards on 11 May.
Posted: 09/05/2022
BP has signed a ten-year agreement with Clean Planet Energy to convert hard-to-recycle waste plastics into circular petrochemical feedstocks and also into ultra-low sulphur diesel (ULSD).
Posted: 09/05/2022
A new report highlights that $13.5bn has already been stranded and over $2bn more is at risk on major infrastructure projects as a result of the global water crisis.
Posted: 04/05/2022
Some 19.19 per cent of shareholders voted against the Barclay’s Say on Climate plan, saying that it lacks the ambition needed to address the climate crisis.
Posted: 04/05/2022
The monthly average carbon dioxide (CO2) levels have reached above 420.23 parts per million (ppm) for the first time on record.
Posted: 06/05/2022
A series of key policy recommendations could help the Government achieve its target of 10GW of low carbon hydrogen by 2030, including at least 5GW from green hydrogen production.
Posted: 05/05/2022
A survey by Lloyds Banking Group shows that there is a gap between customers’ ESG expectations and the delivery on these by companies. Asking 1,100 senior UK business decision makers and over 2,300 members of the public the survey found that half of business decision makers said they have no net-zero strategy, but three-quarters of UK adults thought they should have one.
Posted: 05/05/2022
The Building Research Establishment (BRE) will develop a new methodology to better measure the energy performance of UK homes.
Posted: 04/05/2022
EFRAG (the European Financial Reporting Advisory Group) has released the initial draft of the European Sustainability Standards, setting out the rules that companies will need to follow in reporting ESG-related data such as sustainability-related impacts, risks, strategies, business models and performance under the EU’s Corporate Sustainable Reporting Directive (CSRD).
Posted: 04/05/2022
The FAIRR Initiative, an investor network supported by investors managing $52tr of assets, is warning of an “Apollo 13 moment” for the meat and dairy industry following the IPCC’s Sixth Assessment Report.
Posted: 04/05/2022
European green, social and sustainability (GSS) bond issuance will reach between €1.4tr and €1.6tr, accounting for close to 50 per cent of the total European bond issuance, by 2026.
Posted: 03/05/2022
Better Cotton has convened a group of leading international retailers and brands, including Marks & Spencer(M&S), Zalando and BESTSELLER, to help enable the delivery of new traceability solutions and bring greater visibility to the cotton supply chain.
Posted: 03/05/2022
BP has said that it intends to invest up to £18bn in the UK’s energy system by the end of 2030, including offshore wind, hydrogen, charging infrastructure, carbon capture and, perhaps controversially, North Sea oil and gas.
Posted: 03/05/2022
Allianz, one of the world's biggest oil and gas insurers, has now committed to stop insuring and investing in new oil and gas fields, new oil power plants, new midstream oil infrastructure, and practices relating to the Arctic as of January 2023, and will not renew existing contracts for such projects as of July 2023.
Posted: 29/04/2022
McKinsey's Global Energy Perspective has been released, predicting that the peak of oil use may be reached as soon as 2024, and certainly by 2027. Driven largely by EV uptake oil will go the way of coal, which peaked in 2013 and, after a temporary rebound of coal use in 2021, is projected to continue its downward trajectory still further.
Posted: 29/04/2022
Asda has collaborated with Whywaste on a solution which will simplify the supermarket’s mark-down process and in doing so, reduce food waste.
Posted: 29/04/2022
Octopus Energy Generation has made its first investment in a large UK offshore wind farm buying an 8 per cent stake in the 270 MW offshore wind farm off the coast of Skegness.
Posted: 29/04/2022
Mark Carney, co-chair of the Glasgow Financial Alliance for Net Zero (GFANZ), has come under fire from Reclaim Finance. In an interview with Bloomberg, Carney is quoted as saying that “what people like to do for clickbait” is to focus on fossil fuel expansion because most people understand this to mean that “anything above zero is too much”.
Posted: 29/04/2022
UK insurers could be given greater flexibility to fund green energy projects in a post-Brexit overhaul of EU rules.
Posted: 29/04/2022
Nestle, Danone, Kraft Heinz and Kellogg are amongst food producers that have been pushed by investors set out new disclosures and targets on wellbeing.
Posted: 28/04/2022
LGIM (Legal & General Investment Management) has arranged a four year, £270m green development financing from HSBC, NatWest to fund the development of the £500m Wandsworth Build to Rent scheme.
Posted: 28/04/2022
The Advanced Clean Energy Storage Project has been invited to apply for $595m of financing from US Department of Energy (DOE) for its Proposed Hydrogen Hub and Long-duration Renewable Energy Storage Project.
Posted: 27/04/2022
Tokyu Railways in Japan will run all its services on solar and renewable energy.
Posted: 27/04/2022
Environmental finance organisation Market Forces has released new research showing that during 2021, a handful of Standard Chartered-funded expansionary fossil fuel projects will emit 2.3 billion tonnes of carbon dioxide over their lifetimes - five times the annual emissions of the entire United Kingdom.
Posted: 27/04/2022
John Glenn (pictured), Economic Secretary to the Treasury, has launched the UK Transition Plan Taskforce (TPT) to develop a ‘gold standard’ for UK businesses’ climate transition plans.
Posted: 27/04/2022
The Air-One hub for air taxis and delivery drones has opened to the public for demonstrations in Coventry.
Posted: 26/04/2022
Global coal plant capacity under development shrank 13 per cent in 2021, according to Global Energy Monitor’s eighth annual survey of the coal plant pipeline, but steeper cuts are needed to achieve climate goals.(Existing plants shown.)
Posted: 26/04/2022
Consultant Guidehouse has joined forces with Mars, Incorporated, McCormick & Company, and PepsiCo for the formation of the Supplier Leadership on Climate Transition collaborative (Supplier LoCT), an initiative to help engage suppliers in climate action and solutions.
Posted: 22/04/2022
Octopus Energy Generation has launched a scheme it has dubbed ‘Plots for Kilowatts’ asking landowners to register interest in hosting an onshore wind turbine, with Octopus matching this up with community demand.
Posted: 22/04/2022
Morningstar has compiled a report that sees China as the new second-biggest climate investment market after Europe.
Posted: 21/04/2022
Ryanair is partnering sustainable aviation fuel (SAF) supplier Neste to power a third of its flights at Amsterdam Airport Schiphol with a 40 per cent SAF blend.
Posted: 21/04/2022
Mastercard is extending its ESG linked remuneration model to all employees globally, having introduced a compensation model at the executive vice president level and above last year. Remuneration will be determined in part by the company’s performance on three ESG priorities: carbon neutrality, financial inclusion and gender pay parity.
Posted: 21/04/2022
Community engagement platform Neighbourly has been awarded a 2022 Queen’s Award for Enterprise in the Innovation category.
Posted: 21/04/2022
Rolls-Royce could get regulatory approval for its new generation of mini-nuclear power stations as early as 2024.
Posted: 20/04/2022
The Eco-Friendly Web Alliance (EFWA) is creating the world’s first eco-standard for websites that will allow them to emit less than one gramme of CO2 per page view.
Posted: 20/04/2022
The FCA has finalised rules requiring listed companies to report information and disclose against targets on the representation of ‘women’ and ‘’ethnic minorities’ on their boards and executive management, making it easier for investors to see the diversity of their senior leadership teams.
Posted: 20/04/2022
Three players from completely different backgrounds have joined forces in the Concrete Chemicals project, planning the production of sustainable aviation fuel (SAF), which will concurrently contribute to the decarbonisation of the cement industry.
Posted: 19/04/2022
Filming locations will be among the first sites in London to get permanent electricity connections as UK Power Networks is investing £66m to deliver low carbon energy projects that will help achieve the Government’s Ten Point Plan towards Net Zero by 2050.
Posted: 19/04/2022
Management consulting firm Bain & Company is set to be net-negative carbon, meaning the firm will support nature-based projects to remove more than its total 2021 scope 1, 2 and 3 carbon emissions.
Posted: 19/04/2022
Tech companies Stripe, Alphabet, Shopify, with consultancy firm McKinsey & Company, have launched a new fund targeting carbon removal startups.
Posted: 14/04/2022
Shell and Uniper are drawing up plans to produce hydrogen in the Humber, signing an agreement that will see the gas made at Uniper’s site in Killingholme, North Lincolnshire.
Posted: 14/04/2022
Extinction Rebellion (XR) protests closed all the entrances to Lloyd’s of London’s building in the City of London using superglue and chains on Tuesday.
Posted: 13/04/2022
Consumer goods companies are joining forces through The Consumer Goods Forum (CGF) to set the agenda for the development of new plastic recycling technologies through its newly published Golden Design Rules.
Posted: 13/04/2022
The first residential building in the UK has been verified as net-zero carbon, a milestone to a more climate-friendly future.
Posted: 13/04/2022
NatWest group is rolling out climate transformation training alongside a specialist climate training programme for commercial real estate, retail and leisure and manufacturing sectors.
Posted: 12/04/2022
The UK Department for Transport (DfT) is considering the UK’s ZEV mandate for cars and vans.
Posted: 12/04/2022
Vattenfall is testing wireless induction charging of taxis in Gothenburg, using electronic payments the charging starts automatically when a compatible vehicle parks over a charging pad embedded in the street.
Posted: 11/04/2022
Chalmers University of Technology in Sweden believe they might have moved closer to a creating an energy system that makes it possible to capture solar energy store it for up to eighteen years.
Posted: 11/04/2022
Nissan’s research centre in Kanagawa Prefecture has built a prototype production facility for laminated all-solid-state battery cells, offering cheaper faster charging EVs that can compete with fossil-fuelled vehicles.
Posted: 08/04/2022
Over 1,300 of the largest UK-registered companies and financial institutions now have to disclose climate-related financial information on a mandatory basis. This will include many of the UK’s largest traded companies, banks and insurers, as well as private companies with over 500 employees and £500m in turnover.
Posted: 06/04/2022
UNICEF and the Z Zurich Foundation are seeking partners from the private and public sectors to join the Global Coalition for Youth Mental Well-being, an initiative being launched to address the severe global shortage of funding and action in support of young people’s mental health.
Posted: 07/04/2022
The Government’s British Energy Security Strategy is due to be revealed, designed to reduce the UK’s dependence on carbon sources of energy.
Posted: 07/04/2022