edie’s Mission Possible: Green Recovery campaign supports sustainability, energy and CSR professionals on our collective mission to drive a green recovery from the Covid-19 pandemic across all major industries in the UK. View the latest green recovery content and events below.
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21 New Year's resolutions for sustainability professionals in 2021 and beyond
At last, 2020 has drawn to a close and while the first parts of a new year might not create a respite from a global pandemic and an economic crash, it does create the ideal opportunity to look at the climate crisis with a reinvigorated approach.
Bank of England's high-carbon financing a 'moral hazard', MPs warn
The Bank of England risks creating 'moral hazard' by continuing to finance high-carbon projects and companies and providing no-strings-attached financing to carbon intensives companies, the Environmental Audit Committee (EAC) has warned.
Two weeks left to register: Book your place at the Sustainability Leaders Forum
Sustainability and CSR professionals have just two weeks left to gain access to edie's award-winning Sustainability Leaders Forum, which will be hosted as a virtual event on 2-4 February, featuring expert speakers from Vodafone, Tesco, Nespresso and more.
edie readers called upon to take 2021 Business Leadership Survey
edie is calling on sustainability, energy and CSR professionals across all industries to take the flagship annual Sustainable Business Leadership survey, which will inform a major new report being published in March.
#SustyTalk: Suntory Beverage & Food's Michelle Norman on net-zero, plastics and the green recovery
edie's #SustyTalk interview series continues with Suntory Beverage & Food GB&I's Michelle Norman revisiting the company's key climate and plastics milestones from 2020 and looking ahead to what this year will hold for corporate sustainability.
McKinsey: Global fossil fuel demand will peak in 2027
One of the world's largest consultancies has published analysis outlining how global fossil fuel demand could peak by 2027. Due to the Covid-19 pandemic accelerating trends in electrification and energy efficiency.
#SustyTalk: How can the built environment deliver a green recovery?
edie's #SustyTalk interview series continues with a special panel discussion on the green recovery for the built environment, featuring Bennetts Associates' director Peter Fisher and FORE Partnership's managing director Basil Demeroutis.
Prince Charles launches 'earth charter' for businesses tackling nature and climate crises
The Prince of Wales is hoping to get major businesses to commit to "accelerating and mainstreaming sustainability", by signing a new charter on the green recovery.
Report: Can the built environment achieve a green recovery?
edie has today (8 January) launched a free report detailing the appetite within the built environment sector to collaborate to overcome the challenges presented by the ongoing coronavirus pandemic and to "build back better" by championing the green recovery.
Mission Possible: Achieving a green recovery for the built environment
edie's Mission Possible campaign has evolved to focus on the green recovery, with a new series of reports outlining the challenges that businesses in key sectors face in relation to the coronavirus pandemic, and the opportunities that the green recovery will bring. Up next, the built environment.
Start the New Year with celebrations at edie's Sustainability Leaders Awards
edie's award-winning Sustainability Leaders Forum and Sustainability Leaders Awards are ready to recognise excellence in corporate sustainability, with organisations still able to book tickets for next month's prestigious virtual ceremony.
Report: 10 million high-carbon jobs to be retrained or replaced as part of net-zero transition
Research from a new cross-party programme exploring the net-zero transition in the UK has warned that 10 million jobs will either need to be retrained or replaced if the nation is to meet its climate commitments.
A net-zero New Year? The 7 green policies UK businesses are still waiting for
December saw a flurry of green policy announcements, from the Energy White Paper to the decision to end finance to fossil fuels overseas. But several key policy gaps remain on the road to net-zero as we enter a new year - and will need to be closed ahead of COP26.
edie's big fat sustainabiliy quiz of the year: 2020 edition
Take edie's 2020 quiz of the year to test your knowledge on some of the biggest moments in the global sustainability space over the past 12 months.
Net-zero targets, virtual climate events and green recovery debates: The sustainability stories of 2020
With less than a week until Christmas, edie recaps what has been a busy year for sustainability stories, from the growing green recovery movement to the election of Joe Biden.
Five top tips for making 2021 your organisation's 'super year' for sustainability
With less than a decade to meet the Global Goals and put the global economy onto a clear trajectory to deliver a just net-zero transition, edie is rounding up some best-practice advice for ramping up environmental and social ambitions and actions in the New Year.
Sustainable Business Covered podcast: The Christmas 2020 special episode
Episode 95 of edie's Sustainable Business Covered podcast is now streaming, providing exclusive festive interviews about sustainability storytelling, conscious consumerinsm and the green recovery movement.
Good things come to those who persist: Why 2020 didn't derail climate action
It's been a tumultuous and tiring year that impacted the lives of everyone. But amidst the tragedy caused by the coronavirus pandemic, heroes emerged to prove we can adapt when facing a crisis - and the climate crisis is still very much shaping decisions moving forward.
In numbers: What is the environmental impact of Christmas?
Christmas is said to be the most wonderful time of the year - but it's also the most wasteful. With less than a week left until the big day, edie rounds up some of the most shocking environmental statistics for the season.
Survey: Three-quarters of UK businesses turning to sustainability to bounce back from Covid-19
A survey of 1,000 UK businesses has found that more than three-quarters are planning to increase their sustainability focus in 2021, as part of their plans to financially recover from Covid-19.
Transparency is the first step as we forge a more sustainable future for metals
Metals form the backbone of today's industrialised world - from the steel in our buildings and aluminium in our cars, to the copper in our mobile phones.
Looking to 2050: How the Northern Powerhouse can drive the transition to net-zero
It's fair to say that 2020 has been a dispiriting start to the new decade. The chaos and uncertainty around the ongoing coronavirus pandemic, as well as the cliff edge of a Brexit deadline, has made it a challenge to extract any positive messages from today's headlines.
An 'undisputed urgency to act': Green economy reacts to the Energy White Paper
The Government has unveiled the long-awaited Energy White Paper today (14 December), with green groups welcoming the focus it provides to both job growth and rapid decarbonisation in order to reach net-zero emissions by 2050.
UK ramps up climate adaptation plans in build up to COP26
The UK has become one of the first countries to publish an official plan setting out how the nation is responding to the climate crisis through adaptation and resiliency plans that focus on flood prevention and rewilding.
Available to watch on demand: Webinar on making 2021 the 'super year' for corporate sustainability
edie's most recent explored the redefinition of corporate sustainability leadership in 2021, through the lens of buildings and transport, the Sustainable Development Goals and net-zero strategies, featuring expert insight from Anglian Water, Business in the Community and EDF Energy. A recording of the session is now available to watch.
UN: Green Covid-19 recovery will put world on track to meet Paris Agreement
While Covid-19 lockdown restrictions have resulted in falling carbon emissions, they will rebound and the world will warm by more than 3C this century without a coordinated and ambitious global green recovery approach.
Energy giants team up to halve green hydrogen costs by 2026
Companies including Orsted and Iberdrola have teamed up in a bid to increase the world's green hydrogen production fifty-fold by 2026 - in a move they claim will halve costs.
The Vatican convenes business giants in bid to promote purpose-led capitalism
The Vatican has convened representatives from more than a dozen of the world's biggest businesses, including EY and Kering, for a new alliance to champion more inclusive and sustainable financial systems.
IEA: Energy efficiency improvements for 2020 'the weakest in a decade'
Despite nations investing in retrofitting and businesses looking to make energy savings amid lockdown restrictions, global progress on energy efficiency has slowed in 2020, according to the International Energy Agency (IEA).
Whitbread's food waste fight and offshore wind boosts: The sustainability success stories of the week
As part of our Mission Possible campaign, edie brings you this weekly round-up of five of the best sustainability success stories of the week from across the globe.
A 'vital step': Green economy reacts to the UK's new climate commitment
Green groups and business leaders have welcomed Prime Minister Boris Johnson's announcement that the UK has created an updated domestic emissions target for 2030 as its contribution to the Paris Agreement, but with progress lacking against upcoming carbon budgets, many want to see more detailed action plans.
UK to slash emissions by 68% by 2030, as part of Paris Agreement NDC
The UK Government will aim to reduce emissions by 68% by 2030, as part of a domestic action plan that will deliver the nation's contribution towards the Paris Agreement and limiting global temperature increases to well below 2C and build towards net-zero by 2050.
Green recovery: UK urged to accelerate 'just' transition from North Sea oil and gas
With thousands of UK-based oil and gas workers on furlough and the sector's economic recovery likely to be slow, policymakers are facing calls to cap North Sea fossil fuel production and reskill communities for low-carbon industries.
Green Finance Institute: UK's new National Investment Bank must go beyond energy
The UK's new National Investment Bank (NIB) must have strong net-zero criteria and support the low-carbon transition in the transport, built environment and nature sector as well as energy, the Green Finance Institute (GFI) is urging.
Covid-19 can reinforce the green business case
Reconomy's head of sustainability Nathan Gray reflects on the appetite for businesses to drive a green recovery as a response to the coronavirus pandemic.
Skanska's EV policy and the UK's largest community solar park: The sustainability success stories of the week
As part of our Mission Possible campaign, edie brings you this weekly round-up of five of the best sustainability success stories of the week from across the globe.
World's largest offshore windfarm reaches £6bn financial close
Financial close has been confirmed on two phases of the world's largest offshore windfarm, Dogger Bank, with capital expenditure reaching around £6bn, which is the largest offshore wind project financing globally.
Report: Can the retail sector deliver a green recovery?
edie has published a new report detailing how retailers can build back better from the coronavirus pandemic by aligning long-term strategies with the need to combat the climate crisis, foster new innovations and ultimately spur a green recovery.
What does the green recovery mean for Black Friday?
After a month of lockdown restrictions, many UK retailers are looking forward to Black Friday to boost profits. But with consumers increasingly prioritising purpose and sustainability, and with the green recovery movement gaining traction, what will the sales event look like in 2020 and beyond?
How is the green economy reacting to the Spending Review and National Infrastructure Strategy?
Green groups have dubbed the Spending Review a "missed opportunity" for the green recovery movement and net-zero transition, urging more new investment and clarity on climate requirements for the national investment bank.
BEIS, Lego Group and Anglian Water confirmed among latest wave of speakers for Sustainability Leaders Forum
The chief executive of Anglian Water, Peter Simpson, and Minister for Business Energy and Clean Growth Kwasi Kwarteng are among the latest headline speakers that will feature at edie's biggest event of the year - the Sustainability Leaders Forum - which takes place as a global, virtual event on 2-4 February 2021.
Net-zero pensions 'could deliver £1trn for UK's green recovery'
By re-allocating a proportion of state pensions to low-carbon energy and transport, and giving seniors access to these sectors for free, the UK Government could unlock £1trn for the net-zero transition.
Mission Possible: Achieving a green recovery for retail
edie's Mission Possible campaign has evolved to focus on the green recovery, with a new series of reports outlining the challenges that businesses in key sectors face in relation to the coronavirus pandemic, and the opportunities that the green recovery will bring. Up next, retail.
Renewable Hydrogen Coalition: trade bodies team up to grow Europe's green hydrogen sector
Trade bodies including WindEurope and SolarPowerEurope have received backing from Bill-Gates-backed Breakthrough Energy to form a new coalition aimed at growing renewable hydrogen production and use across the continent.
Government set to unveil national infrastructure bank tied to net-zero
The Government is expected to unveil the long-awaited National Infrastructure Strategy (NIS) this week alongside the Spending Review, with a National Infrastructure Bank set to be created to replace the UK's involvement with the European Investment Bank and funnel capital towards net-zero projects.
Green New Deal: London launches £10m job-creation scheme for low-carbon sectors
London Mayor Sadiq Khan has outlined plans to funnel £10m into the energy efficiency, low-carbon transport and skills sector as part of the capital's plans for a green Covid-19 recovery.
E.ON: 7 in 10 Brits want air pollution information in daily weather forecasts
A survey of more than 4,000 adults in the UK has found that almost three-quarters want information on air pollution in their local area to be included in daily weather forecasts.
SDG Spotlight: How Businesses Can Achieve Goal 7; Clean and Affordable Energy
edie's latest SDG Spotlight report, produced in association with Bryt Energy, looks at how businesses and national policies can transform operations, services, supply chains and strategies to help deliver Goal 7: Clean and Affordable Energy.
'An ambitious plan for a green industrial revolution': Reaction to Boris Johnson's Ten Point net-zero plan
Green groups have welcomed a new Ten Point Llan from Prime Minister Boris Johnson to deliver a green recovery from the coronavirus pandemic and build towards the net-zero emissions target, but the lack of a clear roadmap is dampening an otherwise monumental green policy moment.
How would a Gigafactory contribute to the UK's green recovery?
Reports have emerged that the UK is set to unveil funds for a national battery production centre in the UK, but efforts may still be required to ensure that battery production is aligned to the circular economy.
Aviation sector spells out plans to be at heart of UK's green recovery
The chief executives from some of the largest organisations in the aviation sector have called on Prime Minister Boris Johnson to deliver legislative and financial support to create a sustainable aviation fuels industry that would help the sector reach net-zero emissions and assist with a national green recovery.
European Investment Bank unveils £1trn green investment plan through 2030
EU member states have approved the European Investment Bank's (EIB) plans to spend €1trn on the green economy within a decade and to ban funding for fossil fuel projects and airport expansions.
Defra doubles £40m green recovery fund for nature after huge demand
The Department for Food, the Environment and Rural Affairs (Defra) has launched a second £40m round of its Green Recovery Challenge Fund, designed to promote nature restoration and conservation, after the initial round proved to be massively oversubscribed.
Green Jobs Taskforce: Government vows to create two million jobs in low-carbon and nature sectors
Following pressure from business groups and NGOs, the UK Government has launched a Green Jobs Taskforce to help unemployed people and those in transitioning industries into new, skilled jobs.
Net-Zero Live 2020: Register for today's Net-Zero Resources sessions
Following a thought-provoking two days of edie's Net-Zero Live virtual event, businesses looking at resource efficiency can hear from Unilever, Coca-Cola, Mars, Timberland and WWF on the final day of the flagship event.
Gas denied 'transition' fuel status in draft EU green finance rules
Power plants fuelled by natural gas will not be classed as "sustainable" or "transition" investments in Europe unless they meet emission limits which are so low that none are currently able to comply, according to draft EU rules seen by EURACTIV.
Green Recovery: Labour challenges UK Government to spend £30bn on low-carbon economy
The Labour Party is urging the Government to use the Treasury's spending review later this month to allocate multi-billion-pound packages to low-carbon sectors and to launch new reskilling and green finance initiatives.
UK retail sector pledges to reach net-zero emissions by 2040
More than 60 leading retailers, including Pret UK, Burberry, Sainsbury's and Missguided, have pledged to support a new collaborative roadmap to transform the sector and its supply chain to net-zero emissions by 2040.
IPPR: UK Government must spend £33bn annually to combat climate and nature crises
The UK Government is allocating just £4bn annually to initiatives designed to reverse nature loss and tackle climate change, when the scale of the challenges requires some £33bn.
BT and Royal Mail tell Boris Johnson to bring back his ten-point green recovery plan
The UK's four biggest fleet operators - BT, Royal Mail, Centrica and DPD - are calling for Boris Johnson to announce the remainder of his ten-point green recovery plan, including new policy support for electric vehicles (EVs).
Charities call for investment boost as Defra reveals its Green Recovery Fund is hugely oversubscribed
More than 20 of the UK's biggest environmental charities are calling for additional funding for nature in Covid-19 stimulus planning, after Environment Minister Rebecca Pow revealed that the Green Recovery Fund is almost seven times oversubscribed.
BEIS announces £183m funding round for electric vehicles and cleantech start-ups
The Department for Business, Energy and Industrial Strategy (BEIS) has allocated new multi-million-pound funding pots to cleantech innovators, including companies developing AI for wind turbines and high-power batteries for electric cars.
BT powered by 100% renewable electricity globally
BT has confirmed that all of its offices and shops globally are powered by 100% renewable electricity, as the technology giant builds towards its net-zero target.
Emissions from energy sector likely to rebound from Covid-19, Capgemini warns
Emissions from the global energy sector will be 7-8% lower in 2020 than in 2019, but most nations are still failing to align their energy generation and consumption patterns with long-term climate targets, Capgemini is warning.
Business groups call on Prime Minister to set Paris Agreement commitment by end of year
A number of green business groups have called on Prime Minister Boris Johnson and the UK Government to set a substantial commitment to the Paris Agreement that is aligned to the nation's own net-zero target.
Net-Zero Live 2020 preview: 8 things not to be missed at next week's virtual event
With just a week to go until Net-Zero Live 2020, hosted in association with EDF Energy, edie previews some moments from the virtual conference that readers will not want to miss out on.
EDF on net-zero, green spending and energy innovations
To kickstart edie's Net Zero November, headline sponsors EDF discuss why the net-zero transition is so important to them, and how businesses can use low-carbon solutions to build back better from the coronavirus pandemic.
Can business models act as carbon sinks to reach net-zero?
To kickstart edie's Net-Zero November, carpet manufacturer Interface's head of sustainability Jon Khoo reflects on the company's own ambitious Climate Take Back strategy, as well as discussing how business mindsets and models can "act like carbon sinks" to transform corporates into zero-impact organisations.
6 in 10 UK SMEs believe net-zero and the green recovery is good for business
Almost two-thirds (61%) of small and medium-sized businesses in Britain believe that the move to a greener economy post-Covid-19 presents positive opportunities, a new poll of more than 500 SMEs has found.
Net-Zero offers optimism amidst a crisis
There won't be many that look back on 2020 fondly, but the energy and ambitions from corporates and nations to reach net-zero emissions and alleviate the climate crisis can provide sustainability professionals with some much needed optimism during the despondency of the Covid-19 pandemic.
Net-Zero November: edie's bumper month of content and events kicks off this week
Spearheaded by edie's flagship Net-Zero Live virtual event, edie is gearing up for a bumper month of content designed to help businesses raise their sustainability ambitions and accelerate climate action – all of which starts on Monday 2 November.
UK's Covid-19 recovery package for energy 'not net-zero aligned', report finds
The UK Government has earmarked £3.8bn of stimulus funding for legacy fossil fuel and nuclear generation, compared to just £121m for renewables, a damning new report has claimed.
What makes a Sustainability Leaders Awards winner? Our 2021 judges reveal their top tips for success
With less than a week until the 2021 Sustainability Leaders Awards entry deadlines, our judges are sharing their top tips for crafting a winning entry.
edie launches new report detailing how the hospitality sector can achieve a green recovery
edie has launched its latest sector insight report, examining how the hospitality and leisure sector can build back better from the impacts of the coronavirus pandemic by focusing on low-carbon strategies as part of a green recovery.
Mission Possible: Achieving a green recovery for hospitality and leisure
edie's Mission Possible campaign has evolved to focus on the green recovery, with a new series of reports outlining the challenges that businesses in key sectors face in relation to the coronavirus pandemic, and the opportunities that the green recovery will bring. Up next, hospitality and leisure.
Towards net-zero: The 8 green policies UK businesses are still waiting for
The UK Government vowed last week to publish a "comprehensive" net-zero strategy ahead of COP26 in November 2021. But several glaring policy gaps remain. Here, edie rounds up the major policy announcements the green economy is waiting for.
Report: Green recovery would cut global emissions by 7% and create millions of jobs
If all major nations developed strong plans for a green recovery from Covid-19, global annual emissions would be 7% lower in 2030 than in 2019 and millions of new jobs would be created in sectors including energy, transport and materials.
Governments urged to reform food systems as part of Covid-19 green recovery efforts
World leaders "know" they must help reform food systems to protect the environment and improve public health and should use their Covid-19 recovery plans to raise ambitions and accelerate action in this area.
Capgemini: EU must invest in high-impact climate technologies through green recovery funding
The EU must allocate portions of its €750bn Covid-19 recovery fund to emerging, innovative technologies which decarbonise energy, the built environment, industry, transport and the agri-food sector if it is to meet its net-zero goal by 2050, new analysis has found.
SDG Spotlight report: How can businesses promote green industry, innovation and infrastructure?
edie has launched its latest SDG Spotlight report, looking at how businesses can transform operations, services, supply chains and strategies to help achieve the Sustainable Development Goals (SDGs) post-lockdown, with the latest focusing on Goal 9: Industry, Innovation and Infrastructure.
Lawmakers vote to exclude fossil fuels from EU recovery fund
The environment committee in the European Parliament has voted to exclude fossil fuels from support under the EU's €750bn recovery fund intended to boost the bloc's economy in the wake of the coronavirus crisis.
2021 will be 'a critical window' for creating a sustainable future, major report warns
The decisions taken by businesses, investors and the government in the UK over the next six to 18 months will either lock us into unsustainable systems or bring about a resilient future with intersectional benefits for the environment and society, a major new report argues.
World Energy Outlook: IEA forecasts boom for solar in wake of Covid-19
Even if nations do not bolster their climate targets, renewables will meet 80% of the global growth in electricity demand by 2030, with solar leading the way, according to the International Energy Agency's (IEA) new World Energy Outlook.
Global investors kickstart 1.5C decarbonisation process for portfolios
Some of the world's largest investors accounting for $5trn in assets under management have agreed to set time-bound decarbonisation targets that will see the organisations work with companies in their portfolios to align to climate action.
Issue green sovereign bond to finance UK's Covid-19 recovery, investors urge Government
A group of 30 major investors with more than £10trn of assets under management collectively are calling for the UK Government to launch a green sovereign bond to ensure adequate funding is put behind its mission to deliver a "green" Covid-19 recovery.
BNEF: Green bond issuance broke records in September 2020
More than $50bn of green bonds were issued globally in September, making it a record month despite the economic impact of Covid-19, BloombergNEF has revealed.
Unilever CEO: Climate change and Covid-19 mean capitalism must change
Unilever's chief executive officer Alan Jope has said the business has found itself "at the centre" of discussions around redesigning capitalism with environmental and social sustainability in mind post-pandemic.
'Build Back Greener': Boris Johnson vows that UK will host 40GW of offshore wind by 2030
Prime Minister Boris Johnson has plans for every home in the UK to be powered with electricity from offshore wind farms within the decade and has unveiled a £160m pot to support the sector.
#SustyTalk: Multiplex's Joshua Davies on a green recovery for construction
edie's #SustyTalk interview series continues with Multiplex Europe's sustainability manager Joshua Davies outlining how UK and EU policymakers can help the construction sector decarbonise as it recovers from Covid-19.
Aldersgate Group: 'Urgent decisions' needed to join up UK's net-zero policy framework
The UK Government must use its Covid-19 recovery planning to ensure that sector-specific challenges and loopholes on the road to net-zero by 2050 are addressed and must not permit any further postponements to key policy decisions, a major new Aldersgate Group report has concluded.
Winning from the green recovery
Sustainability and success are two sides of the same coin, which is why manufacturers could be the biggest commercial winners from a green recovery, as Ian Hopkins, Director, Centrica Business Solutions discusses.
Survey: 8 in 10 Brits want nature jobs for those left unemployed by Covid-19
More than eight in ten adults in the UK want the Government to help those left unemployed by the pandemic into nature-related roles, a new survey of 1,609 people has found.
£2bn Green Homes Grant and £1bn Public Sector Decarbonisation Scheme open for applications
The Department for Business, Energy and Industrial Strategy (BEIS) has officially launched £3bn of initiatives aimed at improving the energy efficiency of housing and public sector buildings.
Sustainability Leaders Awards 2021: Meet the judges
With the 2021 Sustainability Leaders Awards entry deadline approaching, edie takes a closer look at the esteemed panel of judges who will be presiding over this year's submissions.
How are manufacturers approaching net-zero and the green recovery?
The manufacturing sector has a rich history of innovating to overcome persistent challenges. But the twin disruptions of the net-zero transition and the Covid-19 pandemic have made the sector's green efforts paramount to business prosperity. Here, edie explores how manufacturers are navigating these challenges.
Half a million renewable energy jobs were created in 2019, IRENA reveals
Some 498,000 full-time equivalent roles were created in the global renewable energy sector during 2019, new analysis from the International Renewable Energy Agency (IRENA) has revealed - with particular growth recorded in the biofuels industry.
edie launches new report on achieving a green recovery for the manufacturing sector
edie has today (29 September) published the first in a new series of reports looking at how businesses from key sectors can respond to the challenges of the coronavirus pandemic by focusing on a green recovery. First up, the manufacturing sector.
Mission Possible: Achieving a green recovery for manufacturing
edie's Mission Possible campaign has evolved to focus on the green recovery, with a new series of reports outlining the challenges that businesses in key sectors face in relation to the coronavirus pandemic, and the opportunities that the green recovery will bring. First up, manufacturing.
Boris Johnson commits government to protecting 30% of UK's land
Prime Minister Boris Johnson has confirmed that the UK will sign an international commitment binding nations to protect 30% of their land-based habitats - a move designed to halt biodiversity loss.
How to seize the opportunities of a green recovery
Now is the perfect time for organisations to give back to society and pay it forward to future generations by seizing the opportunities of a green recovery.
Chanel links €600m sustainability bond to science-based targets
Luxury fashion and fragrance giant Chanel has issued a €600m transaction for bonds linked to the company's progress against its 1.5C science-based targets.
As Boris Johnson unveils COP26 'launchpad' event, is the world on track for a green recovery?
In a speech to world leaders today, Boris Johnson confirmed that the UK will co-host a climate event with the UN in December and will spend the coming months urging other nations to update their emissions targets. But is the UK keeping its own promises for a green recovery? And are world leaders walking the talk on their own commitments?
Available to watch on demand: edie's green recovery webinar sessions
Expert speakers gave insight and advice during a free set of green recovery-themed webinars and masterclasses that took place on Wednesday 23 September. You can watch the sessions, featuring the Aldersgate Group, BT, Bank of England, Ella's Kitchen, UKGBC on demand.
Green recovery: 'Retrofit revolution' could create half a million UK jobs
More than 455,000 'white van' jobs could be created across the UK's property and construction sectors if the government increases funding for retrofit projects and green skills as part of its Covid-19 recovery package.
London and Bristol vow to divest from fossil fuel companies as part of Covid-19 recovery plans
The mayors of 12 major global cities, including London and Bristol in the UK and Berlin, Milan and Oslo in Europe, have committed to "take all possible steps" to divest their city assets from fossil fuel companies.
#SustyTalk: WWF's Raymond Dhirani on financing the green recovery
edie's SustyTalk series continues with WWF UK's head of sustainable finance Raymond Dhirani discussing the role of the finance sector in creating a Covid-19 recovery movement that tackles the twin climate and nature crises.
Higher carbon prices could raise £27bn for green recovery by 2030, experts tell UK Government
The UK's price on carbon will need to reach £75 per tonne by 2030 if the nation is to meet its 2050 net-zero target - a price which would raise up to £27bn of finance for low-carbon sectors.
Tate & Lyle has carbon goals approve by Science Based Targets initiative
Food and drink ingredient supplier Tate & Lyle has had goals to reduce operational and value chain emissions approved by the Science Based Targets initiative (SBTi).
#SustyTalk: Lloyds Banking Group's James Wilde on financing the green recovery
edie's #SustyTalk interview series continues with Lloyds Banking Group's head of sustainability James Wilde taking part in a virtual discussion on financing the green recovery, as well as providing an update on the bank's efforts to halve its emissions.
Closing the loop in a post-Covid-19 landscape
The impact that Covid-19 has had on communities around the world is unprecedented. The face mask - now a ubiquitous symbol of the global pandemic - serves as an ongoing reminder that a virus invisible to the human eye has forced communities across the world to retreat and entire nations to shut down.
BT joins calls to accelerate climate action through 1.5C Business Playbook
BT has joined the likes of Ikea and Ericsson in supporting the 1.5C Business Playbook, calling for renewed efforts from corporates and policymakers to halve emissions by 2030 as part of a "race to zero".
Mark Carney: Climate considerations must be 'embedded' in every financial decision for a truly green recovery
Former Bank of England Governor Mark Carney has outlined his vision for financing a green economic recovery for Covid-19 in the UK, calling for measures to ensure that every financial decision made by the private sector takes climate into account.
Why business must take the lead in our green economy
Ella's Kitchen's chief executive Mark Cuddigan outlines why returning to a sense of normality does not mean reverting back to business as usual, with his latest blog outlining the importance of corporate's spurring the green recovery.
Business and investor giants urge EU to raise 2030 emissions target
More than 150 businesses and a group of investors with €33trn in assets under management have today (15 September) called on the European Union (EU) to back the ambitions set out in its Green Deal by committing to reduce greenhouse gas emissions by at least 55% by 2030.
SBTi kickstarts process on global standard for science-based corporate net-zero targets
The Science Based Targets initiative (SBTi) has issued its first guidance on what will ultimately lead to the development of a new global standard to ensure that corporate net-zero carbon targets are aligned with climate science.
Sustainability Leaders Awards open for entries ahead of virtual ceremony
edie is proud to announce that the UK's largest and most prestigious sustainable business awards scheme has opened for entries, offering organisations and individuals the opportunity to be recognised and celebrated for leading on sustainability, energy and climate action.
How a focus on green technology can build back better from the coronavirus pandemic
BT's chief digital impact and sustainability officer Andy Wales discussing how low-carbon and technological innovation can "reboot" Britain to help deliver a green economic recovery from the coronavirus pandemic.
Moving beyond ESG to real world impact in a new era of scrutiny for investors
For anyone who thinks sustainable investing is just about climate, the Covid-19 crisis has proven that businesses becoming resilient to climate change, have also proven best-prepared to ride the shock of the current pandemic.
Flurry of corporate plastic announcements hints at a new normal for the circular economy
In what has been a bumper week for news stories on single-use plastics, edie explores how corporates are forging ahead with new collection and take-back schemes for recyclable packaging that had been delayed by the coronavirus pandemic.
Inclusive recovery: Can a post-pandemic economy shift society and sectors to greener pastures?
The world is still reeling from the continued impacts of the coronavirus pandemic, but the financial decisions that are made now will determine whether all sectors and parts of society are brought along the green recovery.
Sustainability must be at the heart of C-Suite thinking for the 'new normal' in the wake of Covid-19
Covid-19 has been a wake-up call for many CEOs when it comes to sustainability. While many companies had already increased their actions and commitment to sustainability pre-Covi-19, the pandemic has seemingly acted as a catalyst for urgent action on climate change.
UK could save £1.6bn and 17,000 deaths by improving air quality, report finds
Improving air quality in England in line with World Health Organization (WHO) guidelines could deliver a £1.6bn benefit while preventing 17,000 premature deaths each year that are linked to air pollution.
Uber commits to becoming zero-emissions mobility platform by 2040
Uber has announced its intention to become a zero-emissions mobility platform by 2040, with all journeys to be completed via zero-emission vehicles, public transit and bespoke micro-mobility devices.
UK needs 'significant' overhaul of infrastructure investment to reach net-zero, report claims
The Confederation of British Industry (CBI) has claimed that the UK Government needs to "undertake a significant programme of infrastructure investment" to enable regulators and private investment to create funding for critical net-zero infrastructure.
Scotland commits £1.6bn for national green recovery
The Scottish Government has outlined a new £1.6bn spending framework that will form part of an enhanced New Deal for the country that will improve biodiversity, slash emissions from heating and buildings and support 5,000 low-carbon jobs.
BEIS to review whether UK's oil and gas licencing regime is net-zero compatible
The Department for Business, Energy and Industrial Strategy (BEIS) will review whether its plans for the future oil and gas licencing regime are "aligned with tackling climate change" and compatible with the UK's 2050 net-zero target.
Microsoft joins European Corporate Leaders Group
Microsoft has joined the European Corporate Leaders Group (CLG Europe) to lobby for ambitious climate policy across the continent, with the European Union (EU) recently pushing for a carbon-neutrality goal.
Lenovo to halve emissions as part of science-based targets
Computer manufacturer Lenovo has unveiled new science-based targets to halve emissions from its operations and reduce value chain impacts by 25% by 2030, with a view to reaching net-zero emissions by 2050.
Ikea owner commits €600m in sustainability investing over next 12 months
Ingka Group - the business owner of Ikea - will commit €600m in sustainability investments, including a "zero-fossil fuel" approach, to assist with Ikea's overall ambition of becoming "climate positive" by 2030.
In charts: How the UK's green recovery is taking shape
EXCLUSIVE: An edie survey of more than 240 sustainability, energy and CSR professionals across the UK has revealed exactly what they make of the global reen recovery movement, and provided an update on how the Covid-19 pandemic has impacted day-to-day work in this sector. Here are the results...
9 in 10 sustainability professionals excited by green recovery opportunities, survey reveals
EXCLUSIVE: An edie survey of more than 240 sustainability, energy and CSR professionals has revealed that 89% believe the implementation of Covid-19 recovery plans is an opportunity to accelerate climate action.
Mission Possible: edie launches new campaign to drive a Green Recovery
edie has today (2 September) launched a spin-off of the award-winning Mission Possible campaign which will support sustainability, energy and CSR professionals on our collective mission to drive a green recovery across all major industries in the UK.
The Green Recovery Business Roadmap
Much has been said about the need to deliver a green recovery from the coronavirus pandemic. But what new ways of working should businesses be exploring to assist with a just and low-carbon transition? This new report outlines EIGHT key considerations.
Davos delayed: World Economic Forum postpones 2021 event over Covid-19 concerns
The World Economic Forum (WEF) has postponed the 2021 iteration of its namesake conference in Davos, Switzerland, due to the Covid-19 pandemic.
UK emissions still down 14% despite lockdown easing, Carbon Trust analysis finds
The UK's greenhouse gas emissions footprint is down 14% year-on-year per capita basis, new analysis of consumer spending data by the Carbon Trust has concluded.
Green groups outraged as government presses on with £27.4bn roads plan
The Treasury and Highways England are facing criticism after the latest string of details about the UK Government's £27.4bn road-building plan was published, with green groups arguing that the money would have been better spent on public transport and digital infrastructure.
Moody's: Global green bond issuance reached record high amid Covid-19 crisis
The global issuance of sustainable and green bonds totalled a record $99.9bn (£75.5bn) in the second quarter of 2020, with investors increasingly focusing on ESG risks and seeking to play their part in the green recovery movement.
Transition Agreements: Companies urged to future-proof job security as part of net-zero disruption
Companies should make Transition Agreements with existing unions to ensure that job security, training and potential redeployment are covered as part of the UK's net-zero transition.
Environment Bill update: UK to introduce legally binding nature, water, air and waste targets from 2022
After enshrining its 2050 net-zero target in law last year, the UK Government is developing similar legally binding targets for biodiversity, air quality, water and waste.
Defra selects local authorities to spearhead innovative nature restoration projects
Local authorities in Cornwall, Buckinghamshire, Greater Manchester, Cumbria and Northumberland have been selected to trial place-based nature restoration strategies, which, if successful, could be replicated across the UK.
Tory MPs call for Boris Johnson to go further and faster on climate in Covid-19 recovery plans
A group of 100 moderate Conservative MPs have called on Boris Johnson to beef up green legislation and investment through the UK's Covid-19 recovery strategy, and are particularly keen for the national petrol and diesel car ban to be moved forward to 2030.
'Crack on': Alok Sharma implores businesses to join £2bn Green Homes Grant
Business Secretary Alok Sharma has called on tradespeople across the UK to access the Government's new £2bn Green Homes Grants scheme to mobilise efforts to improve the energy efficiency of the UK's housing stock.
Hydrogen deployment could deliver 75,000 jobs and £18bn boon for UK economy
Utilising hydrogen production could generate £18bn for the UK economy and support more than 75,000 jobs over the next 15 years, according to a taskforce backed by the likes of Shell and BP.
Don't let financial capital stand in the way of your sustainability targets
In July, Tim Wynn-Jones of Centrica Business Solutions spoke on a roundtable for edie around how businesses are shifting strategies towards a green recovery. Here, he summarises how innovation in sustainability financing can act as a route to net-zero.
edie launches new business guide on the green recovery
edie has launched a new Explains guide outlining the business impacts, opportunities and drivers of the broader green recovery narrative, as nations attempt to "build back better" from the coronavirus pandemic.
John Elkington: Businesses should 'think like insurgents' to spur green recovery efforts
EXCLUSIVE: Many organisations will need to "regenerate" approaches to environmental, societal and economic business models in the wake of the financial damage caused by the coronavirus pandemic, according to Volans' chairman and chief pollinator John Elkington, who has called on companies to "think like an insurgent".
edie Explains: The Green recovery
What is the green recovery? Where does business sustainability fit into its wider context? What is happening at a policy level? And what does the future hold for green recovery efforts? This edie Explains guide answers all of these questions and more.
Purpose-led business 'key' to green Covid-19 recovery, say top CEOs
The chief executives of Danone, L'Oreal and Philips are among the signatories of a new open letter calling for the creation of an economic system that "puts purpose first, so our planet and society can thrive", through Covid-19 recovery efforts.
Bank of England accused of 'missing significant green recovery opportunity'
Greenpeace and other climate campaigners have accused the Bank of England of backsliding on its green finance commitments and are calling on it to stop providing extensive support to high-carbon sectors as part of its Covid-19 recovery process.
Government faces backlash over 'zero-carbon-ready' homes proposal
Housing Secretary Robert Jenrick has today unveiled new proposals to streamline the planning process for housebuilders, in a bid to deliver homes that are "zero carbon ready", but environmental groups have warned that the shake-up to planning could neglect the natural environment.
Government urged to ramp up hydrogen spending through national strategy
The Environmental Audit Committee (EAC) had called on the Government to implement a Hydrogen Strategy to assist in decarbonising carbon-intensive sectors, in the same week that the National Grid announced plans to build a new hydrogen testing facility.
Analysts to help align economic recovery plans with net-zero
Many world leaders and businesses have given their verbal support for a 'green' economic recovery from Covid-19. Now, a group of analysts have begun work to develop data-driven digital tools which will help deliver on these commitments.
#SustyTalk: WBA's Vicky Sins on resilience and climate ambition post-pandemic
edie's #SustyTalk interview series continues with senior reporter Sarah George dialling the World Benchmarking Alliance's (WBA) climate lead Vicky Sins for a discussion on disclosure, relilience and ambition.
edie launches new handbook on ESG excellence and best practice
edie has published a new handbook outlining the key considerations and best practice advice to collecting and compiling Environmental, Social and Governance (ESG) data that investors are increasingly looking for, in order to spur the green recovery.
Environment Agency chief: UK has one chance to get post-Brexit, post-Covid-19 regulation right
The Environment Agency's (EA) chief executive Sir James Bevan has delivered a rousing speech to the London Chamber of Commerce and Industry, urging policymakers to embed key environmental regulations from the EU into UK law ahead of Brexit, and to strengthen certain regulations to stimulate green growth.
How can businesses boost climate disclosure and green investment in line with changing demands?
Investors and consumers alike are demanding more information on business-related climate risks and whether corporates are spending significant sums on decarbonisation - and this trend is likely to accelerate because of Covid-19. So, what is best practice on investment and disclosure, and how should businesses implement these approaches?
Private equity investors launch Paris-aligned climate disclosure framework
A group of private equity investors have launched an international network committing to engage with corporates in reducing carbon emissions in line with the needs of the Paris Agreement.
edie's Net-Zero Live 2020 goes virtual as part of bumper month of inspirational content
edie's annual exhibition, Net-Zero Live 2020, will take place virtually over three days in November, as part of a themed month of digital content dedicated to accelerating climate action and helping business build back better.
Credit Suisse cuts fossil fuel lending as part of £250bn green finance promise
Swiss investment bank Credit Suisse has unveiled plans to provide more than £250bn in financing geared towards green bonds and the low-carbon economy over the next decade, as well as pledging to limit financing to the oil and gas sector.
London unveils £1.5bn green infrastructure package to kick-start economy post-lockdown
London Mayor Sadiq Khan and the London Recovery Board have jointly launched a £1.5bn infrastructure investment package, designed to reduce the city's emissions and water footprint while kick-starting the local economy as lockdown eases.
Report: Governments collectively failing to deliver net-zero-aligned coal phase-out
Coal accounted for 40% of carbon emissions from energy use last year and this trend is unlikely to be stopped by existing commitments from national governments - including so-called 'green' Covid-19 recovery strategies.
Building back better: What role should construction and retrofit sectors play in the UK's green recovery?
EXCLUSIVE: The Treasury this month launched a £3bn package to improve the energy efficiency of existing buildings while boosting employment post-pandemic. But what needs to happen now to ensure that the schemes it funds align with net-zero, and what about new buildings?
Boris Johnson unveils £2bn boost for walking and cycling infrastructure
Prime Minister Boris Johnson has launched a £2bn package aimed at incentivising walking and cycling as the UK lockdown eases.
Boris Johnson outlines £750m green spending for heavy industry and aviation
Boris Johnson has unveiled a £350m funding pot for technologies like carbon capture and storage (CCS) and hydrogen alongside a £400m sustainable aviation fuel (SAF) pledge, to be spent as part of the UK's Covid-19 recovery effort.
World's largest network of AI-enabled residential batteries doubles in size
Smart battery giant Moixa has doubled the number of residential battery storage units it operates in Japan to 20,000, making the network the largest of its kind in the world.
Putting young people at the heart of a greener post-Covid recovery
At the start of 2020, few of us could have predicted the changes and upheaval that we have experienced together in the first six months of this year. As we emerge tentatively from lockdown across Europe, we now face the challenge of recovery as local, national and global communities, with the many social and environmental imperatives that Covid-19 has brought to the fore.
#SustyTalk: Goldsmiths' Stu Meades on a green Covid-19 recovery for UK universities
edie's #SustyTalk interview series continues with senior reporter Sarah George dialling Stu Meades of Greener Edge, the brains behind Goldsmiths, University of London's roadmap for reaching net-zero by 2025.
Coronavirus: EU's recovery deal lacking climate spending accountability, green groups warn
Following four nights of negotiations, the European Union (EU) has agreed its biggest joint borrowing plan ever recorded, pledging €750bn to a coronavirus recovery package, but green groups have expressed concerns that focus and accountability on green spending have "taken a battering".
Bankers for Net-Zero: Banks sign up to steer UK green recovery
Barclays and Triodos are amongst the first five banks to sign up to a new commitment exploring how the banking sector can fund the net-zero transition to deliver a green recovery in the UK.
Defra unveils natural capital 'assessment' funding as post-Brexit green recovery shapes up
Environment Minister George Eustice has announced a new £5m Natural Capital and Ecosystem Assessment to protect the UK's environment as part of a new package of Environment Bill measures, on the same day that the Government unveiled a £16m sustainable farming package in South America.
English local authorities encouraged to align with SDGs in green recovery planning
The body representing 335 of the UK's 339 local authorities has launched a guide for engagement and alignment with the UN's Sustainable Development Goals (SDGs), which it claims should be accelerated in efforts to "build back better" post-pandemic.
Investment to decarbonise aviation must be 'supercharged' in Covid-19 recovery plans, MPs urge
"Supercharging" investment in decarbonising the UK's aviation sector would provide a "golden opportunity" in the economic recovery from the Covid-19 crisis, a coalition of 35 cross-party MPs have told the Treasury.
City Hall eyes options for powering London's tube network with 100% renewable energy by 2030
Transport for London (TfL) has launched a market test for tube networks to be supplied with renewable electricity directly from generators, as part of Mayor Sadiq Khan's commitment to deliver a zero-carbon rail network by 2030.
#SustyTalk: Ed Cox of the West Midlands Combined Authority on the green recovery
edie's #SustyTalk interview series continues with an exclusive interview with the West Midlands Combined Authority's director of public service reform Ed Cox.
6 in 10 UK businesses cutting environment-related investment due to coronavirus, survey shows
A survey of 200 UK-based businesses has found that 60% have either decreased their investment in sustainability initiatives as a result of Covid-19, or are planning to do so.
West Berkshire Council launches 'UK's first' resident-funded green bond
West Berkshire Council has launched a green bond that will see residents invest in the region's renewable energy sector, in what it claims is a UK first.
WEF: Invest in nature-led Covid-19 recovery to reap $10trn economic opportunity
By embedding 'net-positive' nature requirements into their Covid-19 recovery strategies, governments and businesses could collectively realise a $10trn (£7.9trn) economic opportunity and create 395 million new jobs within a decade.
G20 nations funnel $151bn of Covid-19 recovery funding into fossil fuels
Of the Covid-19 recovery funding allocated to energy companies by G20 governments, 56% has been handed to fossil fuel projects, equivalent to $151bn (£119bn).
Alok Sharma: Energy White Paper and Heat Strategy coming this Autumn
Following months of delays and amid mounting pressure from businesses and climate advisors alike, the UK Government will publish the Energy White Paper, Heat Strategy and Buildings Strategy alongside the Autumn Statement, Alok Sharma has confirmed.
#SustyTalk: ING's Leonie Schreve on financing a green Covid-19 recovery
edie's #SustyTalk interview series continues with ING's global head of sustainable finance Leonie Schreve, who outlines the bank's ambitions to collaborate and create a green economic recovery from the Covid-19 crisis.
Create net-zero development bank to spur post-Brexit low-carbon transition, MPs urge
By creating a National Investment Bank with an explicit net-zero mandate, Ministers could reap the benefits of the UK's Brexit transition period, Covid-19 recovery planning and low-carbon transition simultaneously, MPs, economists and local leaders are urging.
Government urged to spend £5bn to unlock £100bn green recovery
A group of businesses, mayors and political leaders have called on the Conservative government to spend £5bn to deliver on its promised manifesto pledges in order to unlock £100bn in capital investment on energy efficiency and create more than 300,000 green jobs.
Report: Governments are bowing to fossil fuel lobbying in Covid-19 recovery planning
Almost two-thirds of the interventions which fossil fuel lobbyists made in policymaking between March and June were successful, new analysis has revealed.
Government threatened with legal action over coronavirus recovery package
The UK Government is facing another court challenge over climate-wrecking policy decisions, with UK-based Plan B threatening legal action over the recent coronavirus recovery package, calling it a "new deal for polluters".
Protect one-third of world's oceans and land to deliver $500bn economic boost, scientists urge
Protecting 30% of oceans and land globally would reap economic benefits five times greater than the initial costs of conservation and restoration, a major new scientific report has concluded.
'An encouraging start': Reaction as Treasury unveils £3bn boost for green economy
Chancellor Rishi Sunak has delivered his Summer Economic Update to Parliament, including a £3bn package to stimulate the UK's green economy in the wake of the Covid-19 pandemic, which has broadly been welcomed by key individuals and organisations.
Survey: Energy professionals believe retrofitting is key to a green Covid-19 recovery
A survey of 350 UK-based energy professionals has found that 80% want the majority of the UK's Covid-19 recovery package funnelled into 'green' industries, with energy efficiency retrofits for housing cited as the most popular route to both economic recovery and net-zero.
UK among nations calling for low-carbon industrial transition to spur job growth
The UK has joined seven other nations in calling for industrial transitions to be delivered in a way that delivers new jobs and is in alignment with ongoing efforts to tackle the climate crisis.
Green Recovery: Treasury unveils £3bn package spotlighting energy efficiency and reskilling
Chancellor Rishi Sunak has outlined the key details of a £3bn plan intended to create thousands of "green-collar" jobs, improve energy efficiency and conserve natural resources.
Brits believe a non-green Covid-19 recovery would be bad for the economy, cross-party survey reveals
A survey of more than 2,000 UK voters, in which all major political preferences were accounted for, has revealed that the majority of Brits want a "green" recovery from Covid-19, in which measures designed to boost the economy also serve to reduce pollution and emissions.
CCC: UK's net-zero transition could be easier than first thought
The Committee on Climate Change's (CCC) chair, co-chair and chief analyst believe that the UK's transition to net-zero could be accelerated, rather than hampered, by the Covid-19 crisis.
Pension funds covering £3trn pressured on fossil fuel investments and net-zero alignment
Comic Relief co-founder Richard Curtis has launched a new campaign pressuring UK pension funds to halve the emissions of their portfolios by 2030 and bring them to net-zero by 2050.
edie launches brand new Sustainable Investment Digital Conference for September
edie is launching its first bespoke sustainability conference focused on green finance, with experts from ING, BlackRock and BNP Paribas set to discuss investment and the green recovery at the Sustainable Investment Digital Conference on 7-8 September 2020.
IPPR and REA: Up to 1.6 million new jobs could be created though green Covid-19 recovery
A green recovery package prioritising jobs in energy efficiency and public transport could create 1.6 million new jobs in the UK, new IPPR research has concluded.
'A false start': Green groups express disappointment in Boris Johnson's 'New Deal' recovery package
Key members of the UK's green economy have been offering their thoughts on Prime Minister Boris Johnson's Covid-19 recovery package, the fundamentals of which have now been unveiled. The general feeling is one of dismay, following months of campaigning.
Boris Johnson's New Deal for Britain yet to align with green recovery calls
Prime Minister Boris Johnson will announce a multi-billion-pound "New Deal for Britain" that prioritises jobs and infrastructure growth to respond to the economic crash caused by Covid-19, but following months of calls for a "green recovery," the environment is largely absent from the plan.
Policy wishlist: What does the UK's green economy want from the coronavirus recovery package?
After weeks of speculation, Boris Johnson is set to outline the fundamentals of the UK's Covid-19 recovery plan on Tuesday (30 June). Here, we round up nine of the specific measures which green economy experts are urging for inclusion.
'Once-in-a-lifetime opportunity': Business giants vow to build back better post-Covid-19
More than 200 business leaders will tune into a virtual meeting today (29 June), in which they will outline their plans to deliver a green coronavirus recovery and make last-minute recommendations on key policies which would help them align with net-zero.
MPs to probe whether Covid-19 recovery package is truly 'green'
The Environmental Audit Committee (EAC) has launched a new inquiry into the environmental and social implications of the UK Government's Covid-19 recovery package, just one day before the plan's key aspects are due to be unveiled by Boris Johnson.
Deep retrofits, community energy and net-zero stress tests: Green Alliance publishes Covid-19 recovery recommendations
Green Alliance has issued a string of policy recommendations for creating a "green and resilient" Covid-19 recovery package, which, if enacted in full, could close the £14.1bn annual investment gap between current levels of finance and those needed to meet net-zero by 2050.
UK's Covid-19 recovery package must mandate building retrofits, 100 businesses tell Ministers
EDF, Dimplex and Kingspan are among the cohort of 100+ businesses, investors and trade bodies calling for the UK's Covid-19 recovery package to contain legally-binding measures for addressing wasted energy and carbon emissions from housing.
Report: Most oil majors' net-zero strategies are greenwash, with US firms faring the worst
Despite a major trend towards strengthening climate commitments in recent months, oil and gas majors are broadly failing to take responsibility for their entire emissions footprint, with some on track to deliver just a 3% cut in absolute emissions by 2050.
'We're still walking when we should run': Green economy leaders urge Ministers to implement latest CCC recommendations
Key organisations and individuals from across the UK's green economy have backed the Committee on Climate Change's (CCC) latest progress report to Parliament, urging Ministers to seize the "once-in-a-lifetime" chance to create a green Covid-19 recovery.
CCC: Covid-19 recovery a 'once-in-a-lifetime opportunity' to spur net-zero transition
Producing a Covid-19 recovery plan which is fully aligned with the UK's 2050 net-zero climate target is "absolutely necessary and entirely possible" with strong coordination across Whitehall, Ministers have been told by the Committee on Climate Change (CCC).
SDGs: Just 39% of businesses think they are taking enough action, UN survey finds
A survey of more than 600 business representatives by the UN found that just 39% believe their employer has targets that are sufficiently ambitious to meet the Sustainable Development Goals (SDGs) by the 2030 deadline.
IPPR: UK 'acutely vulnerable' to environmental breakdown
UK policymakers have 'historically disregarded' the economic, social and environmental risks posed by the degradation of nature, meaning more ambition and action is now desperately needed to mitigate further damage and adapt to changes which are already baked-in.
EU recovery fund leaves €1.6trn investment gap towards climate targets, experts say
Calculations by experts show that the EU's planned economic rescue package, worth €750bn, is nowhere near enough to achieve the bloc's climate targets. Even in the best-case scenario, only one-third of the costs would be covered.
IEA: Electric vehicle sales will continue to rise despite Covid-19 crisis
While the overall passenger car market is set to contract by 15% this year, electric vehicle (EV) sales to both individual motorists and businesses are likely to remain steady, new International Energy Agency (IEA) analysis states.
Climate Assembly: 79% of Brits want Covid-19 recovery package tied to net-zero
A survey of the members of the UK's Climate Assembly, who were chosen to resemble the national population in terms of both social demographics and views on environmental issues, found that almost eight in ten want net-zero alignment embedded in all facets of the upcoming Covid-19 recovery package.
25,000 jobs could be created through nature investment, charities tell Treasury
By providing funding for 330 "shovel-ready" nature restoration projects, the UK Government could create 10,000 jobs in the short-term and a further 15,000 in the long-term, while putting itself on track to meet key climate, biodiversity, tree planting and wellbeing targets.
Tesla's generation licence granted and Amazon's climate pledge grows: The sustainability success stories of the week
As part of our Mission Possible campaign, edie brings you this weekly round-up of five of the best sustainability success stories of the week from across the globe.
IEA unveils major new green Covid-19 recovery roadmap
The International Energy Agency (IEA) has set out a string of policy recommendations green Covid-19 recovery packages, which, if followed in full, could slash annual energy-related emissions by billions of tonnes, while creating jobs, improving air pollution and boosting GDP.
SSE outlines £7bn green recovery package, sets science-based climate targets
Energy major SSE will spend more than £7bn on clean energy initiatives over the next five years, in a bid to spur a green UK recovery from Covid-19 and to meet its new, stronger climate targets.
Survey: Corporates maintaining long-term sustainability plans despite Covid-19 crisis
The vast majority of sustainability professionals do not believe their employer will backtrack on long-term sustainability plans, in spite of the challenges posted by the Covid-19 pandemic, a new survey from The Climate Group has concluded.
Charities to Boris Johnson: Pandemic response will determine whether UK meets climate goals
More than 50 UK charities are putting pressure on the government to develop a "truly green" Covid-19, lest the nation miss its 2050 net-zero goal and play host to widening social inequalities.
UK's offshore oil and gas industry vows to halve operational emissions by 2030
The industry body for offshore oil and gas in the UK has published plans for halving emissions from production and exploration within a decade, but green groups say there must also be stronger accountability for indirect emissions.
Spain underpins car sector bailout with green goals
The Spanish government unveiled on Monday (15 June) a €3.75bn aid package for the domestic auto industry, which includes a scrappage scheme with green strings, a bigger focus on electric charging points and funding for hydrogen power.
Protecting our planet in the 'new normal' world
Ahead of edie's new smart grids content series with E.ON, the utility company's chief executive Michael Lewis notes that we cannot lose sight of our long-term commitment to protecting our planet while overcoming the coronavirus pandemic.
Commit to nature restoration in your green Covid-19 recovery plans, businesses urged
Businesses including Danone and Unilever have pledged to work with governments to reverse nature loss as part of their Covid-19 recovery plans, following a call to action from NGOs and trade bodies.
Jet Zero Council: Government unveils new collaborative initiative to decarbonise aviation
The UK Government is developing a 'Jet Zero Council' - a coalition of Ministers, businesses, trade bodies and environmental groups who will collaboratively work to align the aviation sector with the 2050 net-zero target.
Pandora's recycled jewellery and net-zero tech: The sustainability success stories of the week
As part of our Mission Possible campaign, edie brings you this weekly round-up of five of the best sustainability success stories of the week from across the globe.
#SustyTalk: BT's Gabrielle Giner on COP26 and sustainability networking in the 'new normal'
edie's #SustyTalk interview series continues with BT's head of sustainability policy Gabrielle Giner discussing how climate momentum can continue in the run-up to a delayed COP26.
'Happy Birthday, you haven’t aged a day’: One year on from the UK’s net-zero announcement
It's been one year since the UK's historic net-zero announcement, and the movement is being kept afloat by the corporate sector in a year the has seen policy blindsided by a global pandemic and slowed to a frustrating pace by Brexit.
Green building advocates 'underwhelmed' by EU recovery plan
When the European Commission unveiled its proposed €750bn recovery fund two weeks ago, green activists were expecting a detailed spending programme, with billions of euros allocated to clean mobility, renewables, and an upcoming EU-wide building renovation wave. Those working in the built environment space have, however, expressed disappointment.
Carbon pricing, climate disclosure and COP26: Businesses outline key asks for Covid-19 recovery policy
The Aldersgate Group - an alliance of dozens of business and civil society leaders - has published a new briefing outlining key policy changes and low-carbon investments it believes should be made to ensure the UK's recovery from Covid-19 produces a greener, more inclusive and resilient economy.
Corporate clean energy sourcing must form part of green Covid-19 recovery, dozens of businesses tell policymakers
Mars, Nestle, and IKEA owner Ingka Group are among a coalition of more than 50 major businesses calling on EU leaders to build the business sourcing of renewables into the bloc's Covid-19 stimulus package, hailed globally as "green".
Tetra Pak targets net-zero value chain by 2050
Packaging firm Tetra Pak has today (11 June) committed to reaching net-zero greenhouse gas (GHG) emissions across its operations by 2030, with a longer-term target to achieve a net-zero emissions value chain by 2050.
Luton Airport to become 'most sustainable airport' by 2040
London Luton Airport has revealed an intention to become the UK's "most sustainable airport" by 2040, claiming that a planned expansion can be delivered in line with the ambitions of the Paris Agreement.
Embed the SDGs into Covid-19 recovery plans, leaders urge Boris Johnson
More than 100 leaders from across the UK's business and public sectors have called on Boris Johnson to ensure that the UN's Sustainable Development Goals (SDGs) are placed at the heart of the UK's Covid-19 recovery planning, in a bid to couple the economic reboot with social as well as environmental progress.
Race to Zero: What's set to be included in the UK's green Covid-19 recovery package?
The UK Government's landmark global campaign for mobilising net-zero support ahead of the postponed COP26 summit - 'Race to Zero' - was launched late last week. But what decarbonisation activities are the likes of Boris Johnson, Rishi Sunak and Alok Sharma backing for inclusion in national recovery planning?
Investors worth €11trn call for European green recovery from Covid-19 pandemic
More than 100 investors have written to European business and finance leaders, calling on them to ensure the delivering of the bloc-wide Green Deal and deliver a green recovery from the coronavirus pandemic.
Race to Zero: COP26 campaign launched to push nations towards net-zero targets
To mark World Environment Day, the UK Government has launched its "Race to Zero" global campaign to mobilise support for the net-zero transition across businesses, cities and nations, with new data finding that 53% of global GDP is covered by a net-zero ambition in some form.
UK businesses urged to 'redesign' relationship with nature
A new survey of UK businesses from Business in the Community (BITC) has found that less than one third have developed science-based, net-zero or carbon-restorative targets, with less than one in 10 listing the health of nature as a material issue for their business.
Green recovery: Net-zero transition can create £90bn annual benefits for the UK
The UK's net-zero transition can be the perfect remedy to the economic and health crises caused by the coronavirus, according to a new WWF-commissioned report that suggests that net-zero could deliver more than £90bn in annual benefits to the UK while growing the job market.
UK business giants call for national green recovery tied to net-zero
More than 200 UK businesses and investors, including Sky, Lloyds Bank and Asda, have called on Prime Minister Boris Johnson to deliver a green recovery plan from the coronavirus pandemic that builds a stronger and more inclusive economy.
Boris Johnson confirms new COP26 date, urges nations to focus on green recoveries
Prime Minister Boris Johnson has reiterated a desire for the UK to deliver a "sustainable" recovery from the coronavirus pandemic in a way that brings together key international nations to reach the ambitions of the Paris Agreement and the Sustainable Development Goals (SDGs).
John Elkington on Green Swans, Covid-19 and green market shifts
In a viewpoint written exclusively for edie's Mission Possible 2020 report, Volans' chairman and chief pollinator John Elkington discusses a new "age of miracles" whereby the once impossible belief that sustainability could dictate market actions now becomes the core lever of an economic recovery.
'Use it or lose it': Pandemic recovery a decisive moment for climate action
A new report from global analyst firm McKinsey has found that recovery packages from the coronavirus pandemic will be decisive in putting the world on course to meeting the Paris Agreement, calling for low-carbon technologies and solutions to be prioritised.
Coronavirus: EU's €750bn recovery fund to funnel investments towards climate action
The European Union's proposed €750bn fund to help the bloc recover from the coronavirus crisis will have green strings attached, with 25% of all funding set aside for climate action, the European Commission has said.
MPs call for Just Transition Fund to spur green recovery towards net-zero
A commission of cross-party MPs has added to the calls for the UK to prioritise and deliver a green recovery from the coronavirus pandemic, claiming that £30bn should be spent on a climate-focused recovery that also establishes a £5bn national Just Transition Fund.
World health groups call for green coronavirus recovery
A coalition of global healthcare organisations, backed by more than 40 million healthcare professionals, have coordinated a written plea to governments to deliver health-based and climate-focused economic recoveries from the coronavirus pandemic.
Europe's draft 'green recovery' plan leaked
The European Commission's promised green recovery plan will focus on building renovation, renewables and hydrogen as well as clean mobility and the circular economy, according to a leaked working document obtained by EURACTIV.
Achieving a green recovery: edie launches flagship Mission Possible 2020 report
edie has this week published its flagship Mission Possible 2020 report which focuses on how businesses can lead a green recovery from Covid-19, featuring contributions from the likes of John Elkington and Christiana Figueres along with senior representatives from Carlsberg, WorldGBC and the Sustainable Restaurant Association.
Jonathon Porritt: Corporate advocacy must be cornerstone of coronavirus recovery
EXCLUSIVE: Business leaders must use the Covid-19 recovery process as an opportunity to promote the benefits of deep decarbonisation, and to rebuild an economy based on strong social and environmental values, Forum for the Future’s founder-director Jonathon Porritt has told edie.
