Archive News

The UN-convened Net-Zero Asset Owner Alliance has added the Church of England’s three national investment bodies and Italian insurance group Generali to the fold, bringing the total assets managed by Alliance members to over $4.3tr.
Posted: 24/01/2020
Rolls-Royce has been developing the technology to enable small modular reactors (SMRs) to be economically viable – and help reduce carbon globally.
Posted: 24/01/2020
AstraZeneca has brought forward its decarbonisation plans by more than a decade, unveiling a target for zero carbon emissions from its global operations by 2025 and carbon negative value chain is by 2030.
Posted: 23/01/2020
A coalition of public and private sector organisations has launched an initiative to galvanise investors to tackle the issue of antimicrobial resistance (AMR). The ‘Investor Year of Action on AMR’ is backed by the UN-Supported Principles for Responsible Investment (PRI), FAIRR, the Access to Medicine Foundation and the UK Department of Health and Social Care.
Posted: 23/01/2020
Style Analytics is expanding its ESG factor analysis tool with the launch of carbon risk ratings and emission data from Sustainalytics, allowing clients to analyse their portfolios’ exposure to carbon production, implement low-carbon mandates and manage carbon-related risks.
Posted: 23/01/2020
Hyundai Motor Group executive vice chairman (EVC) and Hydrogen Council co-chair Euisun Chung opened the Hydrogen Council’s third annual CEO Meeting in Paris, recommending three key action actions: reduce cost through technological innovation, create a comprehensive safety management system and foster broad acceptance of hydrogen.
Posted: 23/01/2020
Ursula von der Leyen has signalled to China and other countries using fossil fuels that carbon taxes are needed to curb use, and that the EU will consider a carbon tax on imports.
Posted: 23/01/2020
Climate change related threats to business polled higher than concerns over populism, terrorism and access to captial in the latest PwC global CEO survey.
Posted: 22/01/2020
Lloyds Banking Group announced its new ambition to accelerate working with customers, government and the market to help reduce the carbon emissions we finance by more than 50 percent by 2030.
Posted: 22/01/2020
Coalition of private and public sector have launched SDG500, a $500m investment platform to accelerate progress towards the SDGs.
Posted: 22/01/2020
Chief executive officers of many of the world’s largest companies have expressed support for aligning on a core set of metrics and disclosures in their annual reports on the non-financial aspects of business performance such as greenhouse gas emissions and strategies, diversity, employee health and well-being and other factors that are generally framed as ESG topics.
Posted: 22/01/2020
Quilter has announced it has partnered with three charities which will all be supported by its £450,000 Secure Futures Fund, opened last year.
Posted: 22/01/2020
SAP has announced that it has joined the World Economic Forum’s Global Plastic Action Partnership community determined to create a cleaner ocean by 2030.
Posted: 22/01/2020
The Thunderbird School of Global Management has released a new report projecting that the world can realise $tr to $3tr in market opportunities and $3tr to $5tr in broader economic, social and environmental benefits per year by 2030 through carbon capture.
Posted: 22/01/2020
Starbucks aims to store more carbon than it emits, eliminate waste and provide more clean freshwater than it uses in a new initiative.
Posted: 22/01/2020
A new record for green bond issuance of $255bn was set last year, according to figures from the Climate Bond Initiative.
Posted: 21/01/2020
Octopus Energy has announced plans to take over supply of Engie's 70,000 customers.
Posted: 21/01/2020
Renewable energy company Ørsted ranks as the most sustainable company in the Corporate Knights' 2020 index of the Global 100 most sustainable corporations in the world, having completed a fundamental business transformation from fossil fuels to renewables over the past decade.
Posted: 21/01/2020
Aviva has unveiled a new stage in its Aviva Community Fund 2020 and is calling on small charities and community interest groups with innovative ideas to submit their projects for funding.
Posted: 21/01/2020
A group of accounting bodies including the Association of Chartered Certified Accountants (ACCA), Chartered Accountants ANZ, the Institute of Chartered Accountants of Scotland (ICAS) the International Federation of Accountants (IFAC), the International Integrated Reporting Council (IIRC) and the World Benchmarking Alliance (WBA) have called for an overhaul of the reporting standards and methodology of the UN Sustainable Development Goals (SDGs).
Posted: 20/01/2020
Uneven implementation of energy performance certificates (EPCs) across EU Member States could undermine efforts to implement the Green Deal.
Posted: 20/01/2020
Brands BT Group, Danone, Microsoft and Sony are among 179 companies on CDP’s A-list for leadership on corporate transparency and action on climate change.
Posted: 20/01/2020
Nestlé has announced that it will invest up to £1.6bn to shift from the use of virgin plastics to food-grade recycled plastics and to accelerate the development of innovative sustainable packaging solutions.
Posted: 17/01/2020
Microsoft has pledged to be carbon negative by 2039, and by 2050 the company aims to remove all the carbon the company has emitted either directly or by electrical consumption since it was founded in 1975.
Posted: 17/01/2020
Hyundai Motor Company and Kia Motors Corporation have announced a strategic investment of €100m in a new partnership with Arrival, a UK-based electric vehicle startup.
Posted: 16/01/2020
The finance sector has the top performing brands most praised by activist groups.
Posted: 16/01/2020
UK100, in partnership with ShareAction, is establishing the All Party Parliamentary Group on Sustainable Finance group to increase the understanding and awareness of parliamentarians of how sustainable finance can be unlocked to deliver a net-zero economy in the UK , and the role the finance sector has in achieving this.
Posted: 16/01/2020
The newly launched FTSE Climate Risk-Adjusted European Monetary Union (EMU) Government Bond Index (‘Climate EGBI’) expands FTSE Russell’s range of climate risk-adjusted government bond indexes and follows the launch of the ‘Climate WGBI’ in July 2019.
Posted: 16/01/2020
Aegon, the Dutch life insurer, has announced that it will further reduce its investments in coal, putting into place a new responsible investment policy to ensure that all new investments contribute to the acceleration of the transition towards a low-carbon economy.
Posted: 16/01/2020
Italian regulators have fined Italy’s Eni over advertisements on that falsely claimed Eni Diesel+ was ‘green’.
Posted: 15/01/2020
MEPs have approved the ‘Green Deal’ with 482 votes in favour, 136 against and 95 abstentions. The Green Deal aims to achieve climate-neutrality by 2050.
Posted: 15/01/2020
A ‘pollution pavilion’ revealing invisible air pollution has been erected in Covent Garden by environmental charity Hubbub and property businesses Grosvenor Britain & Ireland.
Posted: 15/01/2020
The Ellen MacArthur Foundation has launched a digital measuring tool which gives companies a comprehensive picture of their circularity across all operations.
Posted: 15/01/2020
National Grid has placed its first green bond raising €500m the bond’s proceeds will finance UK electricity transmission projects with environmental benefits.
Posted: 15/01/2020
The Mayor of London, Sadiq Khan, has launched a socially-orientated green energy company for Londoners. London Power promises to deliver fair energy pricing, with electricity generated from 100 per cent renewable sources and profits reinvested into London’s communities
Posted: 14/01/2020
The Abu Dhabi National Oil Company (ADNOC) has announced a set of comprehensive sustainability goals, indicating its desire to continue as an energy provider in a renewable age.
Posted: 14/01/2020
The hybrid airship Airlander 10 has now reached its full production design, offering up to 75 per cent fewer emissions than comparable aircraft – and the promise of zero-carbon aviation with the ongoing development of electric propulsion, in partnership with Collins Aerospace and the University of Nottingham.
Posted: 14/01/2020
In Larry Fink’s annual letter to CEOs, BlackRock’s boss has highlighted the climate emergency and how it must change the way that investments are made.
Posted: 14/01/2020
The UK’s first citizens’ assembly on climate change is preparing to meet for the first time, with over one hundred assembly members tasked with making recommendations to government, businesses and public. Working with academic and advisory panels, it will consider how the UK can reach the goal of being carbon net-zero by 2050.
Posted: 13/01/2020
New diesel cars’ pollution is peaking at more than 1,000 times their normal levels, tests of two top-selling vehicles show, with these spikes in particles resulting from of the cars cleaning their filters, which may occur in urban areas, and lasting for up to 15km.
Posted: 13/01/2020
BMW has joined IRMA (the Initiative for Responsible Mining Assurance), becoming the first major car manufacturer to do so.
Posted: 10/01/2020
The Swedish energy group has announced that its wind farm proposals for Clashindarroch II are to go into planning, with 14 of the company’s most powerful onshore turbines in the UK to date.
Posted: 10/01/2020
The National Grid UK Pension Scheme (NGUKPS) has agreed a pension mandate with Octopus Renewables that will see it invest £185m in solar and onshore wind assets.
Posted: 10/01/2020
BlackRock, the world’s largest asset manager with more than $6.8tr in assets under management, has signed up as a member of Climate Action 100+, the investor engagement initiative to ensure corporate greenhouse gas emitters take necessary action on climate change.
Posted: 10/01/2020
Last year the volume of sustainable debt issued globally hit a new record at $465bn, an increase of nearly 80 per cent from 2018.
Posted: 09/01/2020
Shell Aviation has announced a collaboration with World Energy to develop sustainable aviation fuel (SAF), including the supply of SAF to Lufthansa Group at San Francisco International Airport (SFO). The supply will reduce Lufthansa’s carbon emissions on intercontinental flights on three routes operated by Deutsche Lufthansa and Swiss International Air Lines from SFO to Frankfurt, Munich and Zurich.
Posted: 09/01/2020
BP Ventures has invested in energy management specialist R&B, BP’s first venture into artificial intelligence (AI) technology in China.
Posted: 09/01/2020
Prince Charles will use the World Economic Forum Annual Meeting on 22 January to make a plea to business leaders to help lead the transition to a more sustainable economy.
Posted: 09/01/2020
Tesla is now worth more than Ford has ever been, with the company’s stock hitting another record.
Posted: 08/01/2020
ShareAction has filed the first ever climate-related shareholder resolution at a European bank, supported by over 100 Barclays’ individual investors.
Posted: 08/01/2020
Some three million public charging points will be needed for 44 million electric vehicles in 2030 if the EU is to become climate neutral by 2050, new research by research group Transport & Environment (T&E) shows. This would mean providing 15 times the current 185,000 public chargers available in the EU – which are enough for the current electric fleet but not to keep pace with the growing market beyond 2020.
Posted: 08/01/2020
Business software provider the Access Group has announced its new charity partner as the National Deaf Children’s Society.
Posted: 08/01/2020
Environmental charity Hubbub wants to double the uptake of reusable cups for hot drinks under an initiative built using funds collected from Starbucks’ 5p charge on paper cups across its stores nationwide.
Posted: 08/01/2020
Convenience store and wholesaler group Nisa donated almost £850,000 to charities and other good causes across the UK and Ireland through its Making a Difference Locally (MADL) charity last year.
Posted: 08/01/2020
The deVere Group, an independent financial consultancy, has carried out research showing that 77 per cent of millennials cite ESG investing as their top priority when considering investment opportunities.
Posted: 07/01/2020
The Co-op’s unique Ethical Consumerism Report, which has tracked ethical expenditure year by year over the past two decades, reveals the extent to which UK consumers now ethically.
Posted: 07/01/2020
UK new registrations of electric cars surged to record levels, increasing by 144 per cent, even as overall new car registrations fell by 2.4 per cent in 2019 to 2.3 million units.
Posted: 06/01/2020
The Society of Pension Professionals (SPP) has published research based on a recent survey the SPP membership around ESG issues.
Posted: 06/01/2020
Chartered Institute of Personnel and Development (CIPD) has released figures for its High Pay Day, based on data and analysis compiled with the High Pay Centre, showing that FTSE 100 CEOs only need to work until just before 17.00 on Monday 6 January 2020 in order to make the same amount of money that the typical full-time employee does in the entire year.
Posted: 06/01/2020
According to figures provided by the National Grid, 2019 was the cleanest year on record, and for the first time more zero-carbon power was produced than from fossil fuels for a full twelve months.
Posted: 03/01/2020
One of the problems that has confronted the adoption of hydrogen as a fuel is the need for high pressure (and heavy) containers. That, and the related issue of its tendency to explore in spectacular fashion. Now both issues might have a resolution.
Posted: 03/01/2020
The Duke and Duchess of Cambridge have launched a competition to help combat climate change.
Posted: 02/01/2020
The Audi E-Tron is the UK’s most popular EV, closely followed by Jaguar’s iPace.
Posted: 02/01/2020
If Hydrogen could be mixed with natural gas, the resulting new fuel could help reduce emissions considerably, and a live pilot by Keele University is currently testing the technology.
Posted: 02/01/2020
The Volkswagen brand has delivered the 250,000th electric car since the introduction of the e-up! in 2013 and has stated that it sees significantly raised electric car production.
Posted: 02/01/2020
With the end of the year, and this record signing off until 2020, we have decided to look back at some of the news that we think could be evidence for optimism. Like opening a Christmas present, you can’t be sure what will be inside, but you can see the basic shape.
Posted: 23/12/2019
Waitrose has seen sales of refillables at its four Waitrose Unpacked shops outselling their packaged equivalents by 68 per cent.
Posted: 20/12/2019
The Department for Business, Energy & Industrial Strategy (BEIS) has released its Energy Trends report for the third quarter, showing that renewables again rose, this time overtaking gas.
Posted: 20/12/2019
VW has been given a £66m (A$125m) fine by Australia's consumer watchdog to settle lawsuits resulting from the 2015 ‘Dieselgate’ scandal.
Posted: 20/12/2019
The Chancellor of the Exchequer, Sajid Javid, has announced that Andrew Bailey is to replace Mark Carney as the Governor of the Bank of England from 16 March 2020.
Posted: 20/12/2019
Patricia Espinosa, executive secretary of UN Climate Change, has asked for an “honest and realistic assessment of what happened” at COP25 in Madrid.
Posted: 20/12/2019
Standard Chartered has announced that it will now only support clients who actively transition their business to generate less than 10 per cent of earnings from thermal coal by 2030. Recognising that transitioning to clean technology can take time it has phased the decision, using milestones, from January 2021.
Posted: 19/12/2019
Bank of England (BoE) has published a discussion paper which sets out its proposed framework for the 2021 Biennial Exploratory Scenario (BES) exercise to test the resilience of banks and insurers to the physical and transition risks associated with different possible climate scenarios, and the financial system’s exposure more broadly to climate-related risk.
Posted: 19/12/2019
A new cross-industry consortium has been created to make enhanced recycling of polyester plastics a commercial reality.
Posted: 19/12/2019
After the longest climate negotiations on record, and few solid results, it might be easy to dismiss COP25 as a lost chance. And many have. However, S&P Global Ratings is determined to see some positives.
Posted: 19/12/2019
2019 was the strongest year for growth in solar energy for Europe since 2010, with more new solar capacity added than any other power generation technology.
Posted: 19/12/2019
Distribution company CitySprint will be donating its 90th van to Crisis, the national charity for homeless people.
Posted: 19/12/2019
The global maritime transport industry has submitted a proposal to form the world’s first collaborative shipping R&D programme to help eliminate CO2 emissions from international shipping.
Posted: 18/12/2019
Patagonia, the outdoor apparel company, has helped raise $10m in donations for 1,043 grassroots environmental organisations in 17 days.
Posted: 18/12/2019
Nest, UK’s largest auto enrolment pensions scheme, is boosting efforts to tackle the risks posed by climate change.
Posted: 18/12/2019
Geminor delivers services within waste-to-energy and material recycling and has been steadily growing from its original base in Norway. Since its formation in 2004 it has expended across Europe to have offices in the UK, Finland, Denmark, Sweden, Germany and Poland, in addition to Norway of course.
Posted: 18/12/2019
IFC has announced a R600m ($41m) investment in Business Partners to strengthen women-owned businesses in South Africa and help create employment.
Posted: 18/12/2019
Companies are missing out on cutting carbon in their deliveries by 58 per cent by not using consolidation.
Posted: 18/12/2019
Shell has signed a $10bn revolving credit facility with the interest and fees paid on the facility linked to Shell’s progress towards reaching its short-term net carbon footprint intensity target, as published in its Sustainability Report.
Posted: 17/12/2019
Apple shareholders are debating whether Apple should make a commitment to respect freedom of expression.
Posted: 17/12/2019
Germany is to raise its carbon dioxide levy on emissions from transport and heating buildings to €25 per tonne from 2021.
Posted: 17/12/2019
At the UNHCR Global Refugee Forum in Geneva, businesses made a $250m pledge, with major commitments coming from IKEA, Vodafone and LEGO.
Posted: 17/12/2019
Goldman Sachs has announced fossil finance restrictions that appear to be more stringent that those of any other major US bank, ruling out direct finance for new or expanding thermal coal mines and coal-fired power plant projects worldwide, as well as direct finance for new Arctic oil exploration and production.
Posted: 17/12/2019
Madrid wrapped up with a bit of a whimper – a comprise deal in which countries will put their new climate pledges for 2030 in the open before Glasgow next year. The higher ambitions that were generally welcomed by an alliance of small island states, European, African and Latin American countries, and were passed despite opposition from some developing nations, China and the US. However, the difficult issues, such as carbon markets, were delayed.
Posted: 17/12/2019
If you live in the UK, you might have missed the General Election. If so, then as a quick recap we can say that the Conservative Party created a majority. The impact for climate and the environment is therefore likely to follow the manifesto.
Posted: 13/12/2019
The greater the reach of technology into our lives, the more the companies themselves face scrutiny – both internal and external.
Posted: 13/12/2019
Fewer than one in ten UK CEOs have any form of remuneration link to sustainable goals according to research from Vlerick Business School in the Netherlands.
Posted: 12/12/2019
OVO Energy has had approval from the Competition and Markets Authority (CMA) for its acquisition of SSE Energy Services, with OVO expecting the transaction to complete in January 2020.
Posted: 12/12/2019
The environmental impact of popular foods will be measured and, for the first time, tracked following the launch of the Tesco and WWF Sustainable Basket Metric, with the target of halving the impact of the average UK shopping basket by 2030.
Posted: 12/12/2019
Denmark is considering the construction of an artificial island for offshore wind that could produce 10GW of capacity.
Posted: 12/12/2019
The Global Sustainable Investment Alliance (GSIA) has released its Sustainable Investor Poll on TCFD Implementation, with an overwhelming majority of respondents (87 per cent) saying they do not believe that markets are consistently and correctly pricing climate risks into company and sector valuations.
Posted: 12/12/2019
Climate change was the most cited issues facing the world, in a survey of more than 10,000 young people.
Posted: 11/12/2019
Drax aims to be the first company in the world to become carbon negative. Using bioenergy with carbon capture and storage (BECCS) Drax hopes to achieve the goal by 2030, creating a negative carbon footprint for the company.
Posted: 11/12/2019
The Business Ambition for 1.5C campaign has recruited several new high-profile names, including Ambev, Carlsberg Group, Europcar Mobility Group, Iberia, International Airlines Group (IAG), Siemens Gamesa Renewable Energy and Tesco.
Posted: 11/12/2019
Newly elected EC President Ursula von der Leyen has presented the European Green Deal, the promised comprehensive climate and nature package of measures to make Europe climate neutral by 2050.
Posted: 12/12/2019
Oil major Exxon Mobil has won its legal battle in New York, having been accused of misleading investors about the costs of climate change.
Posted: 11/12/2019
A blockchain database, linking issuers and investors of green bonds is to be launched. Created a consortium of capital market actors, green finance experts and technology innovators, the Green Assets Wallet platform aims to unlock greater volumes of credible investment opportunities that deliver green impact.
Posted: 11/12/2019
Not-for-profit OPRL (the On-Pack Recycling Label) has appointed Professor Margaret Bates as its first full-time executive director. Professor Bates will lead the team charged with making the voluntary recycling labelling scheme ‘match fit for mandatory’, the ongoing development a suite of services to support members in preparing for Extended Producer Responsibility Reforms and continuing both to grow and expand the breadth of OPRL membership.
Posted: 10/12/2019
Nestlé, Nando’s, BaxterStorey, WWF, the Food Ethics Council have joined the UK Stakeholders for Sustainable Development (UKSSD) Food System Programme to drive progress on the SDGs in the UK.
Posted: 10/12/2019
A renewable energy record was set on Sunday 8 December, with wind generating more than 16GW of electricity in Britain for the first time, providing nearly 44 per cent of the total energy mix.
Posted: 09/12/2019
Ørsted’ Walney Extension Skills Fund has awarded £40,000 to STEM Learning to develop two ENTHUSE Partnership projects in Cumbria and Lancaster. Each Partnership project will bring together eight schools and colleges from within the eligible funding area, to develop a two-year intensive improvement programme to raise achievement and aspiration in STEM subjects.
Posted: 09/12/2019
The Co-operative Bank is urging its customers to take part in Amnesty International’s Write for Rights human rights campaign this December. The Bank is calling for the public to join Amnesty International’s global Write for Rights project, a letter writing campaign that encourages people to write letters in support of 12 young people faced with human rights abuses, or bravely standing up for the rights of others.
Posted: 09/12/2019
Over a billion metric tons of emissions would be saved if suppliers to just 125 multinationals increased their renewable electricity by 20 percentage points. This is according to new research released today by global non-profit CDP, during the UN’s COP25 climate conference in Madrid.
Posted: 09/12/2019
Ford and McDonald’s are trialling using coffee beans to help create vehicle parts such as headlamp housing.
Posted: 06/12/2019
Investors from the Institutional Investors Group on Climate Change (IIGCC) have written to all EU heads of state and government, urging them to pass a net zero emissions target into European law as a matter of urgency.
Posted: 06/12/2019
Tesco has become one of the first companies to lend its support to a new initiative designed to help end soy-associated deforestation in one of Brazil’s most important areas of biodiversity.
Posted: 06/12/2019
ScottishPower has announced a new ‘hybrid strategy’ which will see the company construct solar projects for the first time.
Posted: 06/12/2019
EU negotiators are agreeing a compromise on its ‘green finance’ regulation – the rules for which financial investments can be labelled environmentally sustainable.
Posted: 06/12/2019
A lack of investment in low-carbon vehicles is putting the automotive sector in danger of missing the Paris climate targets, a new study from the World Benchmarking Alliance (WBA) and CDP reveals.
Posted: 06/12/2019
Companies which make employee engagement a strategic priority may be more likely to perform better financially, according to research from Sideways 6.
Posted: 05/12/2019
BP has agreed the first in a series of innovative power deals with Amazon Web Services (AWS) to supply renewable energy to the European data centres that drive the AWS cloud platform.
Posted: 05/12/2019
Companies, including Nike and Thyssenkrupp, with more than the combined annual emissions of France and Spain have now set greenhouse gas emissions reduction targets in line with what science says is required to avert dangerous climate change and meet the goals of the Paris Agreement.
Posted: 05/12/2019
New investment in renewable energy projects in developing nations has declined over 2018, in main because of a slowdown in China.
Posted: 04/12/2019
French insurers and reinsurers held €61bn in green investments by the end of 2018, an increase of €12bn over 2017.
Posted: 04/12/2019
Over half (52 per cent) of all UK adults¹ say they’re happy to volunteer their time. However, in the last three months, only 7 per cent of UK adults have actually volunteered for a charity and more than one in four (26 per cent) haven’t undertaken any charitable activities at all. These figures, from YouGov profiles, show that there is a disconnect between the idea of helping and actually finding an opportunity.
Posted: 04/12/2019
ClientEarth’s #TheWholeTruth campaign is intended to change the law in the UK so that ‘fossil fuel companies’ must place ‘health warnings’ next to advertising – even if the advertising is promoting renewable products.
Posted: 04/12/2019
Australian engineering company Worley has announced its partnership with Silicon Valley start-up Plug and Play Energy, to help transition the energy sector to more digitally-focused operations as well as address challenges and opportunities in new energy.
Posted: 03/12/2019
This decade has been one of exceptional global heat, retreating ice and record sea levels driven by greenhouse gases (GHG) from human activities with average temperatures for the five-year (2015-2019) and ten-year (2010-2019) periods are almost certain to be the highest on record according to the World Meteorological Organization (WMO).
Posted: 03/12/2019
Volkswagen announced last year it had partnered with Tesco and Pod Point to install around 2,400 charging points for electric cars, and now the rollout is under way with 100 Tesco stores across the UK.
Posted: 03/12/2019
Lloyds Bank is the first UK organisation to offer British Sign Language (BSL) website translation for deaf customers. The new feature launched on International Day for People with Disabilities and is part of the organisation’s drive to remove barriers for customers who request support.
Posted: 03/12/2019
Biomass makes up the second largest contributor to UK renewable energy, second only to wind and ahead of both solar and tidal. This is according to a report from JPIMedia Data.
Posted: 03/12/2019
321 funds have been awarded the SRI label, representing a total volume of over €121bn managed by 59 investment companies.
Posted: 02/12/2019
Giving Tuesday, the annual day that encourages people support a good cause, takes place on 3 December with 3,200 businesses involved including eBay, PayPal and Salesforce.
Posted: 02/12/2019
The biggest class action in the UK has been launched, representing over 90,000 motorists who are accusing Volkswagen over its emissions defeat device.
Posted: 02/12/2019
The number of insurers withdrawing cover for coal-based projects has doubled in 2019, the Unfriend Coal campaign has claimed as it revealed its third annual scorecard on insurance, coal and climate change.
Posted: 02/12/2019
Rice is a food table, but its production can be very damaging, with climate change causing rice agriculture to release potent greenhouse gas methane (CH4) on top of the existing carbon footprint. In short rice is estimated by the Environmental Defense Fund to have a similar short-term impact as 1,200 coal power stations – as is second only to cattle farming for methane production.
Posted: 02/12/2019
Finnish dairy producer Valio has set itself the goal of creating carbon neutral dairy by 2035 with a sustainable production chain.
Posted: 02/12/2019
COP25 has opened, the UN climate change conference that brings together leaders in climate issues together for two weeks in Madrid.
Posted: 02/12/2019
Construction of the Neart na Gaoithe (NnG) offshore wind farm is now underway following confirmation from EDF Renewables that financial close for the project has been achieved.
Posted: 29/11/2019
The British Academy has published a second report, considering the role of business, capitalism, the future of humanity and the future of our planet.
Posted: 29/11/2019
Hotels are failing to protect employees, agency workers, and workers in supply chains from forced labour and sexual exploitation.
Posted: 28/11/2019
An alliance of brands and retailers, including Nestlé, Unilever, REWE Group and AB InBev has called on the new European Commission to set sales targets for zero-emissions trucks and vans.
Posted: 28/11/2019
AXA has announced a new phase in its climate strategy, which aims to accelerate its contribution to the transition towards a more sustainable and less carbon-intensive economy by 2050, in line with the objectives of the Paris Agreement.
Posted: 28/11/2019
A report from InfluenceMap has pointed to the divergence between climate goals and the current state of the asset management sector.
Posted: 27/11/2019
The IKEA Group has announced that it will invest €200 million to speed up its transformation to become a ‘climate positive’ business.
Posted: 27/11/2019
Estée Lauder has signed a virtual power purchase agreement (VPPA), describing itself as the first prestige beauty company to do so.
Posted: 26/11/2019
The World Bank and Credit Suisse have formed a partnership to focus attention on sustainable use of oceans and coastal areas, otherwise known as the Blue Economy.
Posted: 26/11/2019
A consortium led by Mitsubishi Corporation has purchased Dutch energy company Eneco, in a deal that was expected to have gone to Shell, helping it shore up its sustainable energy division.
Posted: 26/11/2019
BNP Paribas has decided to cease all its financing related to the thermal coal sector by 2030 in the European Union, and worldwide by 2040.
Posted: 26/11/2019
Lloyds Banking Group, Bank of America and Société Générale are among the poorest performers in human rights considerations according to a new report.
Posted: 26/11/2019
Transport for London (TfL) has said it will not grant a renewal of licence to Uber as the company has suffered repeated safety failures in its assessment.
Posted: 25/11/2019
The Women In Safe Homes (WISH) Fund is believed to be the first gender-lens property fund, created to provide affordable, safe and secure homes for women who are experiencing homelessness, are ex-offenders, survivors of domestic abuse or have other complex needs.
Posted: 25/11/2019
Greenhouse gases (GHG) in the atmosphere have reached a new record high, according to the World Meteorological Organization (WMO).
Posted: 25/11/2019
As the new EC prepares the European Green Deal, the 2019 Europe Sustainable Development Report comes at a crucial time, finding that whilst European countries lead globally on the SDGs, none are on track to achieve the goals by 2030.
Posted: 25/11/2019
RobecoSAM is transferring its ESG Ratings and ESG Benchmarking Businesses to S&P Global.
Posted: 25/11/2019
Volvo Car UK will aid ex-British Armed Forces personnel find new careers in the automotive sector in partnership with charity Mission Motorsport.
Posted: 25/11/2010
Government and business must work together after the General Election to restore trust in how British companies are run, according to the Institute of Directors (IoD).
Posted: 22/11/2019
With its clunky looks reminiscent of a Tonka toy and appeal to the large pickup truck segment of the market, the new Tesla Cybertruck is claimed to have the “utility of a truck and the performance of a sports car”.
Posted: 22/11/2019
Volkswagen Group Logistics is using two car freighters powered by liquefied natural gas (LNG) in overseas traffic. The two charter ships of Siem Car Carriers were launched in Xiamen, China.
Posted: 22/11/2019
Sustainable debt issuance has now surpassed $1tr, according to new data compiled by BloombergNEF (BNEF).
Posted: 22/11/2019
Ofgem’s Targeted Charging Review has been revealed as part of an attempt to modernise network charges across the grid, but has been criticised as failing to adress the needs of carbon transistion.
Posted: 22/11/2019
The UK’s social investment market is now worth over £3.5bn according to the latest research by Big Society Capital, and since the end of 2015, there has been market growth of at least 30 per cent per annum.
Posted: 22/11/2019
The UK leads the G20 in having the most rapid decarbonisation rate since 2000, at 3.7 per cent, however, the rate of progress has slowed and the gap to meet climate targets is widening.
Posted: 19/11/2019
The investment management industry has long struggled with forming a common language and clear product categorisation for responsible investment, however the Investment Association (IA) has now published a common seyt of definitions to provide clarity and consistency for savers, based on consultation with over 40 investment management firms representing £5 trillion of assets.
Posted: 19/11/2019
easyJet has declared that it will be the first major airline to offset the carbon emissions from the fuel used for all of its flights and render then net-zero.
Posted: 19/11/2019
Under Indonesia’s recently announced Sharia Economy Masterplan and Indonesia Halal Economy and Strategy Roadmap 2018/19, the RFI Foundation and Indonesia Halal Lifestyle Center (IHLC) have signed a memorandum of understanding that will pave the way for the development of Islamic finance in Indonesia and incorporation of responsible finance principles through environmental, social and governance (ESG) integration.
Posted: 19/11/2019
Lloyd’s of London has launched a campaign to encourage more people to speak up against unacceptable behaviour as part of a programme of measures put in place after recent the damaging report into culture at the organisation.
Posted: 19/11/2019
The new Corporate Human Rights Benchmark, published last week, makes for some depressing reading.
Posted: 18/11/2019
A report published today by RenewableUK shows that UK-based onshore and offshore wind, wave and tidal energy companies are now exporting products and services to 37 countries.
Posted: 18/11/2019
Global consumer goods companies, including Kraft and Mondelez, cannot meet their commitments to net-zero deforestation by next year according to new research by CDP.
Posted: 18/11/2019
The European Investment Bank (EIB) has issued a new energy lending policy, confirming its enhanced action on climate and environmental sustainability.
Posted: 15/11/2019
Groupe Renault, Les Filatures du Parc and Adient Fabrics have created a new fabric made from recycled safety belts, textile scraps and plastic bottles for the Renault Zoe, reducing the carbon footprint by 60 per cent compared to the standard process.
Posted: 15/11/2019
Norway's sovereign wealth fund, one of the largest in the world, is to exclude all holdings in G4S because of the company’s links to potential human rights violations.
Posted: 14/11/2019
Research from ING predicts that global data flows will be more than 20 times those of 2018 and data-driven electricity use will double, accounting for 5 per cent of the world’s electricity consumption, by 2030.
Posted: 14/11/2019
During a visit to the London Electric Vehicle company, Prime Minister Boris Johnson pledged that should the Conservatives win the forthcoming election, he would ensure large-scale investments in green technologies, create more charging points for EVs and build capacity of offshore wind power generation.
Posted: 14/11/2019
The Zurich Group has reiterated its ambition to be one of most responsible and impactful businesses. This ambition saw Zurich become the first insurance company to commit to the UN Global Compact’s Business Ambition for 1.5C Pledge. The Group is already helping avoid five million tons of CO2 emissions annually through dedicated impact investments and it aims to use 100 per cent renewable power in all global operations by 2022.
Posted: 14/11/2019
The Fawcett Society is calling for wages to openly known in companies to prevent illegal discrimination.
Posted: 14/11/2019
Close Brothers Motor Finance employees have volunteered 824 hours of their time for charity initiatives in October, the company’s volunteer month.
Posted: 14/11/2019
Nisa’s registered charity, Making a Difference Locally (MADL), raises money for local communities and of the first week of November it has declared that it has now raised more than £11m over its 11 year existence, boosted by changes made earlier this year to the way the charity is funded.
Posted: 14/11/2019
Just 13 out of the largest 132 coal, electricity, and oil and gas companies have made commitments to reduce their greenhouse gas emissions to net-zero.
Posted: 12/11/2019
The Greenbyte Marketplace is an initiative that opens up performance data in order to accelerate software innovation for the renewable energy sector.
Posted: 12/11/2019
Alzheimer’s Research UK (ARUK) and Ricoh have partnered to create an awareness campaign highlighting the many physical diseases that cause the condition. Dementia Uncovered includes a series of hard-hitting films that highlight the experiences of four people living with different forms of dementia, as well as the scientists striving to bring about new treatments.
Posted: 11/11/2019
Apple has made one of the largest sustainable debt deals with proceeds to be employed in energy efficient product developments, recyclable technologies and carbon reduction in the supply chain.
Posted: 11/11/2019
Boston Common Asset Management engaged 58 of the world’s largest banks, including the HSBC, JP Morgan Chase, BNP Paribas and MUFG to identify the progress in governance in respect of climate change.
Posted: 11/11/2019
Google and US power supplier AES have announced a decade long strategic alliance to accelerate the growth and adoption of clean energy using Google Cloud technology to pioneer innovation in the sector.
Posted: 08/11/2019
Cryptocurrency Exchange Platform Changelly is working with the VEROS FP platform to expand its fundraising capability to crypto currency donations, as a first stage to launching the first charitable cryptocurrency service to finance international non-profit organisations such as UNICEF, Greenpeace, WWF and the Red Cross.
Posted: 08/11/2019
The sixth round of Ørsted’s East Coast Community Fund has reached a major milestone, with the total funds awarded exceeding £1m, and having donated these funds to more than 95 projects in coastal areas of Yorkshire, Lincolnshire and North Norfolk.
Posted: 08/11/2019
The Prudential Regulation Authority (PRA) has warned insurers that they need to improve the sector’s workplace culture following high profile reports about sexual harassment and bullying.
Posted: 06/11/2019
Volvo Cars is set to globally trace cobalt used in its batteries by applying blockchain technology.
Posted: 06/11/2019
LGIM Real Assets (part of Legal & General) has announced that is has provided £125m in long-term financing to the City of London Corporation via a green and sustainable financing framework.
Posted: 06/11/2019
OpenInvest and Legal & General Investment Management America (LGIMA) have partnered to use the former’s proprietary Dynamic Custom Indexing (DCI) technology to deliver custom, separately managed solutions to clients that builds on LGIM’s ESG work.
Posted: 06/11/2019
Ford Motor Company has joined the New Deal for Europe initiative to foster greater cooperation between businesses, governments, organisations and policy-makers to develop a comprehensive sustainable Europe based on the United Nations Development Goals and the Paris Climate Accord.
Posted: 06/11/2019
Apple has announced a $2.5bn plan to help address the housing crisis in California, hoping to solve the need for affordable housing as it fails to keep pace with the region’s growth.
Posted: 05/11/2019
The world will not meet the targets of the 2015 Paris accord unless there are some major changes. Currently almost all countries are contributing to the rise in carbon emissions, with India and China experiencing the highest increases over the past year and even EU emissions are only currently flat.
Posted: 05/11/2019
The law of unintended consequences might be at work as the plastic single use bag levy has actually meant that some people are buying more bags.
Posted: 05/11/2019
Tesco will remove one billion pieces of plastic from the products it sells UK stores by as a part of its plan to tackle plastic pollution.
Posted: 05/11/2019
From 6 November, 30,000 invitation letters will be sent out inviting people to join Climate Assembly UK.
Posted: 04/11/2019
Bank of America Corporation has issued its fifth corporate green bond for $2bn, with proceeds to be targeted to support projects focused on affordable, clean energy in support of the United Nations Sustainable Development Goals (SDGs).
Posted: 04/11/2019
Two competitions, run by UK Research and Innovation (UKRI) on behalf of the Government, have opened in one strand of the UK’s push to achieve net-zero emissions by 2050.
Posted: 01/11/2019
The European Union cut its greenhouse gas emissions by 2 per cent in 2018, according to preliminary estimates released today by the European Environment Agency. However, rising energy consumption continues to hamper progress on the share of energy generated by renewable sources and on energy efficiency.
Posted: 01/11/2019
The major oil and gas producers must cut combined production by a third by 2040 to keep emissions within international climate targets and protect shareholder value, Carbon Tracker finds in a report today.
Posted: 01/11/2019
Liberty Global is to use its Virgin Media network infrastructure to aid on-street electric vehicle charging, partnering with Swedish power company Vattenfall.
Posted: 01/11/2019
Aeon Investments, Chase de Vere and InvestAge are the latest companies to have joined UKSIF, committing themselves to growing sustainable and responsible finance in the UK.
Posted: 01/11/2019
The World Bank Group (WBG) has launched an ESG ‘portal’ to help identify the risks and opportunities for more social and sustainable activities that are better aligned with the Sustainable Development Goals.
Posted: 01/11/2019
Social and Sustainable Capital (SASC) and Triodos have their renewed investment the UK’s largest community-owned solar farm in the UK.
Posted: 31/10/2019
Birmingham-based Aceleron, a developer of sustainable and reusable battery solutions, and Total Access to Energy Solutions (TATES), part of global energy company Total, have unveiled a new partnership to expand clean energy accessibility and tackle unsustainable battery waste in Kenya by repurposing old battery packs.
Posted: 31/10/2019
Shipping contributes a significantly to total carbon emissions, being responsible for three per cent of global greenhouse gas emissions and nine per cent of transport-related emissions, and finding a way to a more renewable future for maritime shipping is a vital part of combatting climate change.
Posted: 31/10/2019
Electric scooters from Bird, Lime, Spin and Voi have appeared across the world’s cities, but charging for them has been an issue (as it was for cars), but US-based Charge intends to expand its footprint and bring its charging station to Europe, these include the Smart-Charging Stations, intended to provide a convenient place for end-users to park and charge e-scooters, and its Smart-Charging Hubs, designed to serve the “juicing” community and capable of charging op to 70 scooters at once.
Posted: 30/10/2019
The Coca-Cola Company, Keurig Dr Pepper and PepsiCo have announced the launch of the Every Bottle Back initiative, an effort spearheaded by the American Beverage Association (ABA) to reduce the industry’s use of virgin plastic by making significant investments to improve the collection of plastic bottles so that they can recycled.
Posted: 30/10/2019
Ten years ago, O2 launched the O2 Recycle scheme, ten years later over three million devices have now been recycled, diverting 450 tonnes of waste from landfill.
Posted: 30/10/2019
The UK public is prepared to put the future of the planet above returns when it comes to their personal savings, but they expect more action from suppliers such as pension funds and banks.
Posted: 30/10/2019
BP Infinia is a new process that makes currently unrecyclable polyethylene terephthalate (PET) plastic waste recyclable and useable as virgin plastic.
Posted: 29/10/2019
John Lewis & Partners has today launched a major pilot at its Oxford shop to encourage a ‘reduce, reuse & return’ culture among customers which could provide a blueprint for other shops.
Posted: 28/10/2019
According to a report in the FT from Dealogic data, green bond issuance in the Asia-Pacific region has now reached a new high with $18.89bn having been raised in the year to date.
Posted: 28/10/2019
The social arm of The Big Issue has invested £1.5m in a lottery business that supports the hospice and wider charity sector across the UK.
Posted: 28/10/2019
Sky’s impact investment fund, Sky Ocean Ventures, has committed $2m to a zero-waste shopping service called Loop.
Posted: 28/10/2019
The Ellen MacArthur Foundation and the UN Environment Programme has published the first annual New Plastics Economy Global Commitment progress report.
Posted: 25/10/2019
The UK Stewardship Code has had ‘substantial and ambitious’ revisions from the Financial Reporting Council (FRC), establishing a clear benchmark for stewardship as the responsible allocation, management and oversight of capital to create long-term value for clients and beneficiaries leading to sustainable benefits for the economy, the environment and society.
Posted: 25/10/2019
BP Ventures has invested $5m in Finite Resources, parent company of Finite Carbon, a US-based forest carbon management company.
Posted: 25/10/2019
HP has committed $200 million over five or more years to develop water-based ink technologies for printing digitally on corrugated packaging and textiles.
Posted: 24/10/2019
Break Free From Plastics has catalogued almost 8,000 brands in this year’s global audit, the analysis of which reveals the 2019 Top 10 Global Polluters as Coca Cola, Nestle, PepsiCo, Mondelez International, Unilever, Mars, P&G, Colgate-Palmolive, Phillip Morris, and Perfetti Van Mille.
Posted: 24/10/2019
Three new projects that will support Amazon’s commitment to The Climate Pledge to be net-zero carbon by 2040 and supply renewable energy to the company’s Amazon Web Services have been revealed.
Posted: 24/10/2019
Social and Sustainable Capital (SASC) has announced a second round of fundraising for Social and Sustainable Housing (SASH), a fund designed for charities to enable them to purchase homes for vulnerable people across the UK. Launched in May, it attracted £26.5m from 19 investors. SASC has already committed £15m to five outstanding charities and has significant demand requiring additional fundraising.
Posted: 24/10/2019
The mandatory 5p levy was introduced for plastic bags from large retailers such as supermarkets was introduced by the Government in 2015, and has won positive approval from the public, with 77 per cent of those surveyed said the levy was a positive step to protect the environment.
Posted: 24/10/2019
In the US the trial of ExxonMobil has started, where the company is defending itself against charges that it lied to investors about the cost of carbon emissions to its business.
Posted: 22/10/2019
The Government has announced a consultation on introducing green number plates for zero emission cars.
Posted: 22/10/2019
Over 300 current and former MPs have put their names to the Divest Parliament Pledge that calls on the trustees of the Parliamentary Pension Fund to end its investments in fossil fuel companies.
Posted: 22/10/2019
The UK’s largest fully electric vehicle (EV) delivery service, Gnewt by Menzies Distribution, is to trial the use of Vehicle-to-Grid (V2G) technology.
Posted: 22/10/2019
Unilever brand Dove has announced that it will be moving to 100 per cent recycled plastic bottles and new plastic free packaging.
Posted: 21/10/2019
Lloyd’s Charities Trust has launched a new disaster resilience partnership with Habitat for Humanity, as part of the insurance marketplace’s ongoing response to communities around the world placed at risk by climate change.
Posted: 21/10/2019
Solar PV installations on houses and commercial buildings will leap over the next five years, according to the International Energy Agency (IEA) in its latest renewable energy market forecast. Known collectively as distributed PV, and part of the predicted decentralisation of energy production, the growth in solar energy will form the backbone of renewable growth in the next few years.
Posted: 21/10/2019
The total issuance of sustainable debt has now surpassed $1tr, according to data compiled by BloombergNEF (BNEF).
Posted: 18/10/2019
BP Ventures has invested in Grid Edge, a developer of AI technology that enables customers to predict, control and optimise their building’s energy profile. The investment is in support of BP Alternative Energy’s wider strategy of low-carbon power, storage and digital energy.
Posted: 18/10/2019
US bank Wells Fargo has announced a major deal to date on renewable energy, with a 10-year structured energy agreement with Reliant, an NRG Energy company.
Posted: 18/10/2019
Entries are now open for our major awards, encompassing all that is great in UK enterprises. Whether working to avert climate change, partnering with a charity, making energy use more efficient or creating better buildings and places the awards, now in their sixth year help recognise the achievements and advances that protect, support and improve the world.
Posted: 17/10/2019
Volvo Cars has launched one of the most ambitious plans in the automotive industry, aiming to reduce its lifecycle carbon footprint per car by 40 per cent between 2018 and 2025. This is the first, tangible step towards Volvo Cars’ ambition of becoming a climate-neutral company by 2040.
Posted: 17/10/2019
The FCA has published a statement setting out its proposals to improve climate change disclosures by issuers and information to consumers on green financial products and services.
Posted: 16/10/2019
Insurance and reinsurance provider AXIS Capital Holdings has announced a new policy addressing thermal coal and oil sands-related underwriting and investments.
Posted: 16/10/2019
Adidas UK is partnering with Stuffstr, allowing customers to sell back their unwanted clothing for store credit, regardless of condition, creating a closed-loop, circular economy solution for the fashion industry.
Posted: 16/10/2019
Debenhams reports that in the five years since it started supporting Help for Heroes, it has raised over £2.3m. The Manchester branch of Debenhams has also recently participated in Help for Heroes’ new 40,000 Strong campaign by giving the charity two of its windows with live mannequins in the display.
Posted: 16/10/2019
In the third quarter of 2019, the UK’s renewable energy sources (wind farms, solar panels, biomass and hydro plants) managed to generate more electricity than the combined output from power stations fired by fossil fuels (coal, oil and gas).
Posted: 15/10/2019
The Queen’s speech confirmed the Government’s intention to press ahead with its environmental measures – subject, of course, to a General Election.
Posted: 15/10/2019
The European Investment Bank (EIB) could limit funding for fossil fuels as it looks to increase funding for green energy.
Posted: 15/10/2019
An analysis of the implementation of the reporting framework outlined by the voluntary Task Force on Climate-related Financial Disclosures (TCFD) in the banking sector reveals that of the 76 banks that endorse the TCFD framework only 39 started disclosing.
Posted: 15/10/2019
Enel Finance International (EFI), the Dutch subsidiary of Enel has launched a bond is linked to the achievement of the UN Sustainable Development Goals (SDGs), the Group’s first “General Purpose SDG Linked Bond” issued on the European market.
Posted: 14/10/2019
Carlsberg Group has been detailing its quest to create a ‘greener’ bottle, under the title of “the world’s first paper bottle" for beer.
Posted: 14/10/2019
According to The National Infrastructure Commission, the UK will fail to reach net-zero greenhouse gas emissions by 2050 if regulators aren’t given new powers to ensure utility companies invest in sustainable infrastructure.
Posted: 14/10/2019
The IMF has released the October 2019 edition of the Fiscal Monitor, that emphasises the case for using carbon taxes, or similar pricing schemes such as emission trading systems, to implement climate mitigation strategies.
Posted: 14/10/2019
Ecclesiastical has joined Sir Martyn Lewis, former chairman of the National Council for Voluntary Organisations, in funding TapSimple, a combination of fundraising software and hardware that provides contactless donation.
Posted: 14/10/2019
Under a new agreement, BEE Midtown – covering 400 businesses in central London – and the UKSSD will design collaborative programmes to enable member businesses to work together to develop solutions and accelerate progress on the SDGs in Midtown and beyond.
Posted: 10/10/2019
Aldi, Lidl, Morrisons, Sainsbury’s and Tesco have supply chains that involve poor pay and harsh working conditions, according to new research published by Oxfam.
Posted: 10/10/2019
Ethical Angel is an expanding network that allows corporate volunteers to be matched with opportunities. Labayk is an Islamic social media that gives to charity. Together they represent a move to use technology for good as the major providers remain dogged by controversy.
Posted: 10/10/2019
The Women Entrepreneurs Opportunity Facility (WEOF), a partnership between Goldman Sachs 10,000 Women and IFC, a member of the World Bank Group, has delivered $1.45bn in investments over the past five years for local financial institutions to lend to women-owned businesses. This first-of-its-kind finance facility has supported nearly 53,000 entrepreneurs in developing countries through 53 financial institutions across 33 countries to date, according to a progress report released today.
Posted: 10/10/2019
Seven leading retailers have joined together in an effort to improve the mental wellbeing of staff, with the help of Samaritans.
Posted: 10/10/2019
Governor of the Bank of England Mark Carney has said that companies should use their annual reports to develop the reporting of the climate emergency on their businesses in the run-up to further stress tests.
Posted: 09/10/2019
BlackRock has launched its first circular economy fund with the Ellen MacArthur Foundation. The Fund aims to drive investments in businesses already contributing to, or benefiting from, the transition to a circular economy.
Posted: 09/10/2019
PepsiCo has announced that it has priced the company's first-ever Green Bond, with the net proceeds of the $1bn Green Bond offering funding a series of initiatives to advance the company’s sustainability agenda.
Posted: 09/10/2019
The Global Innovation Lab for Climate Finance (the Lab) has announced the launch of six new financial instruments for climate-related projects in developing countries.
Posted: 09/10/2019
Big Society Capital and Bristol City Council are cornerstone investors in City Funds, a ‘place-based’ impact investment fund aiming to address the causes and effects of inequality, whilst generating a financial return for investors.
Posted: 09/10/2019
Silicon Valley Bank (SVB) is partnering with Hands on London, a non-profit organisation focusing on community service, to pack hygiene and wellness kits to support the homeless.
Posted: 09/10/2019
Young people starting their first job should be automatically enrolled in a sustainable pension, the UK Sustainable Investment and Finance Association (UKSIF) has argued. UKSIF-commissioned polling shows millennials that want their savings to make a positive impact as well as making money and UKSIF is now urging MPs to support sustainable auto-enrolment.
Posted: 09/10/2019
KLM has partnered with Microsoft to explore cooperation on sustainable air travel. Signing an agreement in Washington, the two companies will commit to purchase sustainable aviation fuel (SAF), which has the potential to reduce up to 80 per cent of CO2 emissions compared to fossil fuel, across the lifecycle, when used on a large scale.
Posted: 09/10/2019
Through a new partnership in the US, Burberry and The RealReal hope to support and promote the benefits of a circular economy for fashion by encouraging customers to extend the life of their products through resale.
Posted: 09/10/2019
Campaign #ActForWater is launching alongside the final episode of P&G and National Geographic's six-part docuseries ACTIVATE, co-produced by Global Citizen and RadicalMedia which sheds light on the issue of drinking water.
Posted: 09/10/2019
Mental Health UK and Lloyds Banking Group are extending their partnership for a further two years, with the aim to raise £4m by the end of 2021 and enable Mental Health UK to reach half a million young people and train over 2,500 teachers.
Posted: 09/10/2019
At the Commons Treasury Committee on the subject of unlocking private capital for net-zero, UKSIF has been giving evidence in the second public hearing into decarbonisation of the UK economy and green finance.
Posted: 08/10/2019
Bermuda-based insurance run-off specialist Catalina Holdings is partnering with the British Lung Foundation, committing £5 million in funding to accelerate research into mesothelioma.
Posted: 08/10/2019
Procter & Gamble has announced a nationwide campaign to help accelerate the efforts to provide access to clean water to those in need around the world.
Posted: 08/10/2019
Good Money Week is this week (7 October) and new research agency Impact Lens has used the occasion to highlight three funds with processes to ensure their investments are responsible yet have outperformed the MSCI World Index over the last year.
Posted: 07/10/2019
A collection of 20 universities, including Newcastle and Exeter, have combined their buying, and in a deal brokered by The Energy Consortium (TEC) and Squeaky Clean Energy, have signed a decade long deal worth £50m to use renewable energy.
Posted: 07/10/2019
Unilever has announced a new set of commitments to reduce its plastic waste and boost a circular economy for plastics.
Posted: 07/10/2019
EcoAct’s ninth annual report shows that the FTSE 100 has a growing commitment to climate action, reflected by an increase in the number of companies setting science-based targets, using renewable energy, and reporting climate-related risks following the recommendations of the TCFD.
Posted: 07/10/2019
Coca-Cola has demonstrated a bottle made using recovered and recycled marine plastics, the first-ever example of food and drink packaging made using litter retrieved from the Mediterranean Sea and beaches.
Posted: 04/10/2019
The effects of man upon climate change are almost universally acknowledged, if not quite. Surprisingly some the countries in which one might automatically assume few deniers, the evidence points the other way.
Posted: 04/10/2019
Epson Europe has unveiled its European Sustainability Report, The Green Choice, highlighting the launch of the New Horizons education programme through which Epson will support over 10,000 students of all ages. The programme aims to inspire young people’s creativity and increase their understanding and awareness of environmental issues that will have an impact on the future of society.
Posted: 03/10/2019
Investor group Climate Action 100+ has published a progress report, Breakthrough, showing that despite the significant progress has been achieved, more needs to be done by the world’s largest corporate greenhouse gas(GHG) emitters in tackling climate change.
Posted: 03/10/2019
Retirement living provider Audley has been busy fundraising, with staff, owners and members of the local community taking part in numerous events, from bake-offs to superhero dress-up days, to raise money for the Dove Ward, part of Great Western Hospitals NHS Trust, the British Heart Foundation, and Macmillan Cancer Support.
Posted: 03/10/2019
Ørsted has announced that the final wind turbine has been installed at Hornsea One offshore wind farm.
Posted: 03/10/2019
The Royal Shakespeare Company (RSC) will end its partnership with BP at the end of the year, bringing to a close a partnership that started eight years ago and has helped enable the RSC’s £5 ticket scheme for 16 – 25-year olds.
Posted: 03/10/2019
The Department for International Development (DFID) has released a comprehensive study of the UK public’s demand for sustainable investment opportunities.
Posted: 02/10/2019
The plan by the Labour Party to nationalise the largest energy suppliers will be officially adopted following a conference vote, alongside a commitment to a carbon net-zero policy.
Posted: 02/10/2019
A partnership between Siemens and local government will aim to unlock over £100bn for clean energy schemes as part of the UK's drive to meet net-zero emissions.
Posted: 02/10/2019
AXA has today launched a TV campaign with Liverpool Football Club focusing on mental health.
Posted: 02/10/2019
Trustees need advice on how the new ESG risk reporting guidelines will change disclosure of investment strategies according to a report by Royal London and Herbert Smith Freehills.
Posted: 01/10/2019
Michael Meehan has taken over the chair at the UK Sustainable Investment and Finance Association (UKSIF).
Posted: 01/10/2019
Ireland will plant 440 million trees over twenty years as part of the Irish government's Climate Action Plan.
Posted: 01/10/2019
IFC has listed its first Canadian dollar green bond on the Euronext Dublin and Luxembourg stock exchanges.
Posted: 01/10/2019
VW is now facing a mass lawsuit in Germany, the first of its kind, as the emissions scandal still casts a shadow over the company despite is recent conversion to electric vehicles.
Posted: 30/09/2019
The IHS Markit Global Carbon Index has been unveiled, claiming the title as the first benchmark for the global price of carbon credits.
Posted: 27/09/2019
Federated Investors Hermes Investment Management and UBS have announced the launch of the SDG Engagement High Yield Credit funds.
Posted: 27/09/2019
Unilever-Lifebuoy and The Power of Nutrition have launched a new partnership using mobile phones and a programme called Mobile Doctarni, a voice-based service that delivers critical health and hygiene information to mothers living in rural parts of India, where access to doctors or information is limited.
Posted: 27/09/2019
The Department for Business, Energy and Industrial Strategy latest Energy Trends report shows that the last quarter was the first since the 19th century in which coal fell below 1 per cent of total energy generation, providing just 0.6 per cent of the UK’s electricity between April and June.
Posted: 26/09/2019
The Department for Business, Energy and Industrial Strategy latest Energy Trends report shows that the last quarter was the first since the 19th century in which coal fell below 1 per cent of total energy generation, providing just 0.6 per cent of the UK’s electricity between April and June.
Posted: 26/09/2019
SAP and UNICEF have embarked on a partnership to provide quality education, life skills and job skills training to young people in disadvantaged communities.
Posted: 26/09/2019
Major UK banks are presenting a ‘confusing and conflicting’ account of their sustainability initiatives to customers according to insight agency Kingfisher.
Posted: 26/09/2019
Google - carbon-neutral since 2007- has just made the largest corporate purchase of renewable energy in history
Posted: 25/09/2019
WRAP and IGD’s Food Waste Reduction Roadmap is one year old and has now signed up more than half of the UK food industry’s turnover via 156 companies.
Posted: 25/09/2019
A plan to build a 3,000km undersea cable so that solar energy can be exported from Australia to Singapore has received a major boost from billionaire Mike Cannon-Brookes through his investment vehicle, Grok Ventures.
Posted: 25/09/2019
Two major solar projects have been given the green light with the European Investment Bank (EIB) and Dutch bank FMO agreeing to finance construction and operation of new solar photovoltaic plants in Kenya.
Posted: 25/09/2019
The UN Climate Action announced a ‘major step up’ in progress as 77 countries committed to cut emissions to net-zero by 2050, and 70 countries have announced that they will either boost their national action plans by 2020 or have started the process of doing so.
Posted: 24/09/2019
Some of the world’s largest investors have formed an alliance to further global decarbonisation. Comprising of pension funds and insurers with a combined $2.4tr in investments the alliance has committed to carbon-neutral investment portfolios by 2050.
Posted: 24/09/2019
Stella Artois, Budweiser and Bud Light are to be plastic ring-free, removing 850 tonnes of plastic annually.
Posted: 23/09/2019
IFC has reached a milestone having recorded a cumulative green bond issuance of $10bn threshold following a trade with Japan’s Government Pension Investment Fund (GPIF).
Posted: 23/09/2019
Companies with a combined market capitalisation of over US$2.3tr have committed to aligning their businesses with limiting the impacts of climate change.
Posted: 23/09/2019
The State of Massachusetts noted as a leader on climate change has been urged to adopt a net-zero carbon policy by investors and companies with a target date of 2050.
Posted: 20/09/2019
Insurance giant Lloyd's of London's is still reeling from a Bloomberg report of sexual harassment in the market place.
Posted: 20/09/2019
OVO is announcing a new strategic direction for the next ten years, outlined in its Plan Zero. Plan Zero sets out how OVO will transform its business, operations and impact to reducing greenhouse gas emissions.
Posted: 19/09/2019
UK Finance will be pledging its support for the UN Environment Programme Finance Initiative’s Principles for Responsible Banking at the UN General Assembly in New York.
Posted: 19/09/2019
SAP has announced that it will be creating a new market place for the trading of recycled plastics and plastic alternatives. Using the SAP Ariba solution, this is the next phase of SAP’s ‘Plastics Cloud Programme’ for the reduction of plastic waste.
Posted: 19/09/2019
Facebook has announced plans to create an Independent Oversight Board to deal with content and privacy concerns.
Posted: 18/09/2019
Contracts for Difference results are expected to include new offshore and onshore wind projects.
Posted: 18/09/2019
A report has investigated large investing firms' efforts to hold energy and utility companies accountable for climate change, revealing fossil-friendly voting trends in some.
Posted: 18/09/2019
New blockchain technology could be used to access supply chain sustainability information.
Posted: 18/09/2019
A report has analysed 135 companies' awareness and action on climate change.
Posted: 18/09/2019
Germany is considering increasing taxes on domestic flights.
Posted: 17/09/2019
Greenhouse gas emissions in the UK have increased despite better efficiency and more demand for electric vehicles.
Posted: 17/09/2019
A report has accused Unilever of failing to meet nutrition commitments for Maizena products in Mexico.
Posted: 17/09/2019
A new report has claimed that sustainable food and land use could create significant business opportunities by 2030.
Posted: 16/09/2019
Australian unions, NGOs, and public health groups have joined to oppose the potential reversal of a ban on nuclear energy.
Posted: 16/09/2019
A number of Japanese companies have complied with the Task Force on Climate-related Financial Disclosures, though the country continues to invest in domestic and foreign coal.
Posted: 16/09/2019
New climate protection measures will be announced on 20 September.
Posted: 16/09/2019
The Environment Agency Pension Fund has been included in this year’s PRI Leaders’ Group, along with a number of European Pension Funds.
Posted: 13/09/2019
New research has shown the effects of rising temperature on emissions.
Posted: 13/09/2019
Controversial brand Nestlé has announced a new net zero emissions goal.
Posted: 13/09/2019
A research project has managed to turn CO2 into liquid fuel.
Posted: 13/09/2019
The National Grid had begun cutting senior staff in the months before the August power outage.
Posted: 12/09/2019
A new report has predicted that a rapid energy transition will not be enough to bring temperature increases below 2°C.
Posted: 12/09/2019
Scottish police vehicles will switch to electric and hybrid vehicles in an effort to reduce carbon emissions.
Posted: 12/09/2019
Consumer brands have joined a campaign to push the cleaning product industry toward sustainability, though some members have yet to implement targets.
Posted: 11/09/2019
California has passed a bill ensuring minimum wage and other benefits to gig economy workers, opposed by gig platform firms.
Posted: 11/09/2019
The farmer’s union has announced a carbon reduction plan, though some groups think it is not enough.
Posted: 11/09/2019
Protesters have blocked the entrance to the Lancashire fracking site.
Posted: 11/09/2019
The CPT has decided to only purchase ultra-low or zero emission buses starting in 2025.
Posted: 10/09/2019
$11tn have been divested from the fossil fuel industry.
Posted: 10/09/2019
A report has predicted growth in the geothermal energy market.
Posted: 10/09/2019
New research estimates that global environmental investment could see quadruple returns.
Posted: 10/09/2019
Drax Group, Equinor and National Grid are exploring the potential for carbon capture and hydrogen production sites in Humber.
Posted: 09/09/2019
Hyundai will join joint venture IONITY to promote electric vehicle infrastructure.
Posted: 09/09/2019
The UK’s retail sourcing practices rank among the worst in terms of sustainability.
Posted: 09/09/2019
Northern Ireland has surpassed its 2020 renewable energy generation goal a year ahead of schedule.
Posted: 06/09/2019
Global renewable energy investment is on track to hit $2.6trn.
Posted: 06/09/2019
Recent major oil investments are not compatible with the Paris Agreement targets according to economic analysis.
Posted: 06/09/2019
Electric car registrations show record growth in August while the new car market continues to decline.
Posted: 06/09/2019
Climate activists have been left dissatisfied with Chancellor Javid’s new spending plan.
Posted: 05/09/2019
Porsche has unveiled a new fully-electric car, hoping to rival Tesla’s market dominance.
Posted: 05/09/2019
Hormel has unveiled a new meat substitute, in the midst of accusations of meat and dairy industry unsustainability.
Posted: 05/09/2019
Germany’s onshore wind market is slowing down, putting the country’s renewable energy targets at risk.
Posted: 03/09/2019
Australia is set to reach its renewable energy goals by 2020.
Posted: 04/09/2019
The UK’s oil and gas industry’s new blueprint to net-zero carbon emissions has been met with accusations of lobbying.
Posted: 04/09/2019
Singapore could use reserves and borrowing to fund its climate change measures.
Posted: 04/09/2019
New research implicates the meat, dairy and fish industries in sustainability shortcomings.
Posted: 04/09/2019
Eighteen civil society organisations have signed a letter to the new Chancellor, requesting increased environment spending.
Posted: 03/09/2019
Rolls-Royce and Widerøe have partnered in a joint research programme to create zero-emission aviation.
Posted: 03/09/2019
A new base for Ørsted’s Hornsea Two project is officially set to open in Lincolnshire.
Posted: 03/09/2019
Eight climate activists glued themselves to Barclays Bank headquarters in Manchester during Extinction Rebellion's protest.
Posted: 03/09/2019
A scaled-down Frankfurt Auto Show will advocate for automobile sustainability, while anti-protest security is tightened.
Posted: 03/09/2019
A report on BlackRock’s investment portfolio has revealed relationships with deforesting industries.
Posted: 02/09/2019
Cuadrilla has apologised following a record-breaking tremor.
Posted: 02/09/2019
Muirhall Energy will begin construction of Scotland’s first subsidy-free onshore wind project.
Posted: 02/09/2019
Vattenfall and Shell NewMotion have entered an electric vehicle charging station deal, while the Government looks to steer the industry toward co-operation.
Posted: 02/09/2019
A southern Cumbrian wind farm has caused local debate.
Posted: 30/08/2019
BloombergNEF has investigated hydrogen's potential for steel production.
Posted: 30/08/2019
Volkswagen has developed a new treatment system to decrease nitrogen oxide emissions.
Posted: 29/08/2019
A new study links climate change to European flooding.
Posted: 29/08/2019
Hydrogen power could be used to produce gin.
Posted: 29/08/2019
Extinction Rebellion will take to the streets of Manchester in another environmental protest.
Posted: 29/08/2019
The UK will double support to developing countries in fight against GHGs.
Posted: 29/08/2019
The Crown Estate has awarded extension rights to seven offshore wind farms.
Posted: 29/08/2019
A Ceres webinar builds on the findings of the IPCC's report.
Posted: 28/08/2019
BP has agreed to sell its Alaskan business to local firm Hilcorp.
Posted: 28/08/2019
BBOXX has received a significant investment from Mitsubishi.
Posted: 28/08/2019
Macquarie is beginning to shift focus toward renewables and community investment.
Posted: 28/08/2019
Aldershot is the home to the world’s first solar powered railway line.
Posted: 27/08/2019
Fires rage in Brazil as public attention increases
Posted: 27/08/2019
Bay State Wind and Vineyard Wind compete to begin offshore construction of a new wind project in Massachusetts.
Posted: 27/08/2019
Seismic tremors over the bank holiday are believed to be the UK’s largest fracking-related tremors to date.
Posted: 27/08/2019
Australia’s coal exports could see short term growth but long term decline.
Posted: 27/08/2019
Cuadrilla’s fracking has been shut down once again following another seismic tremor.
Posted: 23/08/2019
Prices drop and demand rises for hydrogen gas. The west may begin outsourcing production-side labour to match China’s low costs.
Posted: 23/08/2019
A number of energy providers, environmental activism groups and universities are urging the Government to incorporate AI into efforts against climate change.
Posted: 23/08/2019
A new report sheds light on Japanese energy industry double standards.
Posted: 21/08/2019
A new study claims that gas from UK fracking may be in short supply.
Posted: 21/08/2019
Enchant Energy Corporation has signed an agreement with the City of Farmington to keep a coal-fired power plant open with carbon capture tech.
Posted: 21/08/2019
The University of Liverpool will divest from all fossil fuel companies following student action.
Posted: 20/08/2019
Australia emits the 12th most sulphur dioxide of any country. Greenpeace blames coal.
Posted: 20/08/2019
UKCI will spend £14m on clean energy project funding in South Africa, as studies show the country’s coal industry beginning to struggle.
Posted: 20/08/2019
Bureau Veritas is pointing businesses toward supply chain sustainability.
Posted: 19/08/2019
Chinese financiers provided over USD $1bn in bonds meant for sustainable investment to coal and fossil fuel projects.
Posted: 19/08/2019
Over 3,000 churches across the UK are switching to zero-carbon energy.
Posted: 19/08/2019
Small clean energy suppliers face pressure from Ofgem to meet renewable energy obligations, or risk having licences revoked.
Posted: 19/08/2019
Australia finds itself at odds with Pacific Island leaders following a “watered down” Pacific Island Forum statement.
Posted: 19/08/2019
The Department for Business, Energy and Industrial Strategy has set out new positions on fracking, causing concern from environmental groups.
Posted: 16/08/2019
The Banks Group has launched a legal challenge against the current Contracts for Difference auction.
Posted: 16/08/2019
Cuadrilla will resume Lancashire fracking activities until November.
Posted: 16/08/2019
China has pledged to cap greenhouse gas emissions following analysis from NCSC.
Posted: 15/08/2019
Three environmental energy companies have teamed up with a new deal to convert waste to hydrogen.
Posted: 15/08/2019
With atmospheric methane levels rising, fracking could be to blame.
Posted: 15/08/2019
A number of MPs have signed a letter addressed to the prime minister requesting an amendment to allow the development of onshore wind farms, while studies indicate their vast potential.
Posted: 15/08/2019
More flexible capacity is necessary to avoid events like the power outage on Friday, according to Aurora.
Posted: 14/08/2019
The EPA faces a lawsuit over plans to replace Obama-era environmental legislation.
Posted: 14/08/2019
A study has identified market opportunities for local solar energy production in China, as the country prepares to remove government subsidies in the industry.
Posted: 14/08/2019
Ørsted has decided to phase out fossil-fuelled vehicles, making its car fleet 100 per cent electric, though the company has yet to clarify the logistics of the phase-out process.
Posted: 14/08/2019
Macquarie’s Green Investment Group will acquire the East Anglia ONE offshore wind farm from ScottishPower Renewables.
Posted: 13/08/2019
The City of Helsinki is preparing to release a new app with the aim of promoting environmentally friendly local businesses.
Posted: 13/08/2019
A report from BloombergNEF predicts continued and accelerated growth in the world renewable energy market, with two-thirds of the world’s energy coming from renewable sources by 2050.
Posted: 13/08/2019
Shortly after the brief disconnection of Hornsea One, wind energy producer Ørsted has opened a formal consultation phase in Yorkshire to discuss plans for Hornsea Four.
Posted: 13/08/2019
A report by Moody’s shows substantial growth in green bond issuance for the second financial quarter of 2019.
Posted: 12/08/2019
£2.5m of government funding will go to new electric vehicle charging stations across the UK, despite market uncertainties.
Posted: 12/08/2019
Good Energy takes aim at “greenwashing” energy suppliers and a REGO loophole.
Posted: 12/08/2019
Questions remain surrounding the UK’s power failure on Friday.
Posted: 12/08/2019
A report from the IPCC identifies land as a critical resource for the reduction of carbon emissions, and encourages early action to support the climates of at-risk developing countries.
Posted: 12/08/2019
Porsche has partnered with South Pole in pursuit of sustainability goals, but questions of “greenwashing” remain.
Posted: 09/08/2019
1MDB’s scandals continue to escalate as the Malaysian government files criminal charges against former and current Goldman Sachs heads.
Posted: 09/08/2019
Research indicates that re-purposing North Sea oil rigs could help reduce emissions and expenses.
Posted: 09/08/2019
A document from COAL21 has raised concerns about the group’s allocation of funds and its ties to lobbyists.
Posted: 08/08/2019
Data released by the SMMT indicates a declining UK market for new cars in general, while pure electric vehicles show substantial growth.
Posted: 06/08/2019
Burberry has partnered with Aquafil to use its sustainable ECONYL fabrics to continue its drive toward environmental sustainability.
Posted: 06/08/2019
Google has released a new list of sustainability commitments, outlining goals for the coming years.
Posted: 06/08/2019
Cuadrilla is seeking more time to complete its Lancashire fracking operation despite past seismic and environmental backlash.
Posted: 06/08/2019
Smart DCC has unveiled a new plan to expand and develop its smart meter business and clientele under pressure from the UK government’s sustainability targets.
Posted: 05/08/2019
Diageo is investing in sustainable energy for their production in Africa, setting new targets after missing its 2015 sustainability goals.
Posted: 05/08/2019
Russia’s new floating nuclear power plant is set to begin its Arctic voyage, despite concerns of a “Chernobyl on ice”.
Posted: 05/08/2019
The new Energy Minister is under pressure to support the development of onshore wind farms in the UK.
Posted: 05/08/2019
While Ecotricity plans its new energy mill, Dale Vince claims that the UK has enough grass to power every home.
Posted: 05/08/2019
The IISD reports that a reallocation of fossil fuel subsidy money would be sufficient for a transition to clean energy.
Posted: 02/08/2019
Amazon has revealed plans to continue to invest in renewable energy, announcing two new wind farm projects, one in the EU and one in the US. But sceptics remain concerned about environmental consequences of fast-fulfilment shipping.
Posted: 02/08/2019
Good Energy has been provided with a permanent exemption from the Default Tariff Cap, allowing it to charge above the cap, due to its ability to source 100 per cent of its energy from renewable sources.
Posted: 02/08/2019
Wind farm developer Ørsted has signed a contract with Tekmar Energy, to produce the world’s largest offshore wind farm Hornsea Two, continuing the rapid expansion of Ørsted's business.
Posted: 02/08/2019
Only four coal power plants will remain in Britain following RWE’s announcement of plans to close its last coal fired power station in the UK.
Posted: 02/08/2019
The IPPR proposed a Sustainable Economy Act with new targets that cover a wider range of sustainability goals, in light of post-Brexit environmental concerns.
Posted: 01/08/2019
Moody’s indicates a positive long-term credit rating for Shell following the energy producer’s move toward low-carbon energy.
Posted: 01/08/2019
BP continues its expansion into emerging new energy markets, from solar panels in Brazil to electric car charging stations in China.
Posted: 01/08/2019
A recent report from the IEEFA found that BlackRock, the world’s biggest investment firm with an investment fund larger than the economy of Japan, made significant losses over the past decade, likely due to fossil fuel investments.
Posted: 01/08/2019
Financial forecasters predict significant growth in the stationary energy storage market over the next 20 years, as lithium-ion battery costs drop and demand for renewable energy rises.
Posted: 01/08/2019
Volkswagen is set to enter a new partnership with an electric car charging software manufacturer, amid German prosecutions of the ex-Audi boss over the emissions cheating scandal of 2015.
Posted: 01/08/2019
Statistics released by the UK government show a 90 per cent decrease in plastic bag sales by the seven biggest grocery retailers since 2015, after the imposition of the mandatory 5p charge. But sceptics remain concerned about “lightweight” loopholes.
Posted: 31/07/2019
The UK Sustainable Investment and Finance Association (UKSIF) has welcomed three new partners to their network.
Posted: 31/07/2019
Moody’s Investors Service announced its acquisition of Four Twenty Seven, after purchasing a majority share in the climate change risk assessment and economic analysis firm. Through this acquisition, Moody’s will expand its research and assessment capabilities and potentially increase or decrease the credit ratings of numerous businesses and countries, leading investors to reconsider their lending.
Posted: 31/07/2019
Asset manager Schroders announced its purchase of a majority share in BlueOrchard, a frontier and emerging market-focused impact investing firm, reflecting a shift in investor’s interests and demands.
Posted: 31/07/2019
BP has outlined its continued expansion in its alternative energy portfolio with a significant growth for its Lightsource BP programme in Brazil, a $30m investment in Calysta, a multinational biotech firm who uses microorganisms to convert methane into protein for livestock feed as well as fuel and plastic and its recent investment in the agriculture developer and food producer Bunge, a story reported on earlier.
Posted: 30/07/19
Unilever sent a strong warning to its sub-brands this week, urging them to embrace environmental sustainability or risk being sold.
Posted: 30/07/19
Centrica will deliver a dedicated home charging installation service and electrified vehicle tariffs from British Gas and Bord Gáis Energy under the new partnership with Ford.
Posted: 30/07/2019
Protesters have closed part of Moorgate, demonstrating outside the offices of Drax Power.
Posted: 30/07/2019
In a recent draft of an energy industry proposed lending policy, the European Investment Bank (EIB) laid out a plan to take steps toward the achievement of the environmental sustainability goals set in the Paris Climate Accord. This creates conflict with their previous investments in the non-renewable fossil fuel industry.
Posted: 29/07/2019
Virgin Media recently has announced its commitment to the use of 100 per cent renewable electricity. The telecommunications giant joins Apple, BT, Coca-Cola and numerous others in the RE100 initiative.
Posted: 29/07/2019
The annual Digest of UK Energy Statistics, published by the Department for Business, Energy and Industrial Strategy, provides definitive figures for 2018 for the first time showing that low carbon electricity generation (renewables and nuclear) hit a record 52.6 per cent and coal dropped to a record annual low of 5.1 per cent.
Posted: 26/07/2019
The annual Digest of UK Energy Statistics, published by the Department for Business, Energy and Industrial Strategy, provides definitive figures for 2018 for the first time showing that low carbon electricity generation (renewables and nuclear) hit a record 52.6 per cent and coal dropped to a record annual low of 5.1 per cent.
Posted: 26/07/2019
The annual Digest of UK Energy Statistics, published by the Department for Business, Energy and Industrial Strategy, provides definitive figures for 2018 for the first time showing that low carbon electricity generation (renewables and nuclear) hit a record 52.6 per cent and coal dropped to a record annual low of 5.1 per cent.
Posted: 26/07/2019
Zara owner Inditex has announced that the Zara brand will switch to fully sustainable fabrics in the next six years, with other brands in the portfolio to follow.
Posted: 26/07/2019
The communications agency Hotwire is to engage in a pro bono communications programme with WaterAid, the international development organisation. The global partnership will use Hotwire’s expertise to help increase awareness of the charity and the issues faced by those who live without access to clean water, toilets and good hygiene and as a result, drive donations, volunteering and advocacy.
Posted: 26/07/2019
Ahead of the UN Climate Action Summit, 27 companies with a combined market capitalisation of $1.2tr have committed to set 1.5C climate targets aligned with a net-zero future, challenging governments to match their ambition.
Posted: 26/07/2019
Working in conjunction with BASF, Jaguar Land Rover (JLR) is part of a pilot project called ChemCycling that upcycles domestic waste plastic, otherwise destined for landfill or incinerators, into new high-quality materials.
Posted: 26/07/2019
Ove 200 prominent CEOS from across Europe have joined a message to Ursula von der Leyen, Charles Michel, and David Maria Sassoli, the newly elected Presidents of the European Commission, Council of the European Union, and European Parliament, calls for an overarching strategy for sustainability by 2030. President von der Leyen has expressed her desire to make Europe the first climate-neutral continent in the world by 2050.
Posted: 26/07/2019
BP has agreed to form a joint venture with American agribusiness and food company Bunge to create a bioenergy company.
Posted: 26/07/2019