DEFINITION: A distributed electronic ledger that uses software algorithms to record and confirm transactions with reliability and anonymity. The record of events is shared between many parties and information once entered cannot be altered, as the downstream chain reinforces upstream transactions. The concept came to prominence in 2008 with the invention of the digital currency Bitcoin.
Megatrends: Exploring the future of sustainable business
Government funnels £100m into Britishvolt's battery Gigafactory
The Government has granted a principle offer for funding for the UK's first electric vehicle (EV) Gigafactory in Blyth, Northumberland, that could produce batteries for more than 300,000 vehicles each year.
Ikea hasn't yet decoupled growth from emissions as it aims for climate positivity
Ikea has posted a 15% year-on-year increase in its absolute emissions, but claims the fact that it is reducing emissions intensity means it can still achieve its 2030 climate positivity ambition.
Fashion giants back trials of low-carbon, low-water textile processing
Luxury fashion firms Kering and PVH Corp, along with adidas, have been announced as supporters of a project aimed at scaling more sustainable technologies for textile processing.
Burberry links £300m loan to sustainability targets
Luxury fashion giant Burberry has agreed to refinance its Revolving Credit Facility (RCF) to link a £300m loan to the performance of its sustainability targets, including a headline goal of becoming climate positive by 2040.
Shipping giant Maersk moves net-zero target forward 10 years
Danish shipping giant AP Moller-Maersk has moved its target to become a net-zero business forward 10 years, pledging to align with the advice of the Science Based Targets initiative (SBTi) and reach net-zero by 2040.
Two-thirds of finance giants 'continuing to fund deforestation', report warns
An analysis of 150 of the world's largest financial firms has found that 93 do not have policies to prevent deforestation caused by the companies they invest in and lend to.
Arla Foods doubles operational decarbonisation target to boost net-zero goal
Dairy giant Arla Foods is more than doubling an existing decarbonisation reduction plan of 30% across its operations to 63% by 2030, as part of approved science-based targets that will help the business reach net-zero by 2050.
M&S links £850m loan to net-zero targets
M&S has signed a new £850m revolving credit facility (RCF) with BNP Paribas that will offer discounted interest rates based on performance against four key areas of the retailer's net-zero strategy.
Morrisons turns to digital data tracking to cut supply chain emissions
Supermarket Morrisons is rolling out a new emissions-tracking software platform to suppliers producing its own-brand products, as it strives to reduce supply chain emissions by 30% by 2030.
Walmart refreshes financing programme to drive down supply chain emissions
Retail giant Walmart will offer early invoice payments to suppliers reducing their emissions in line with climate science, as it strives to avoid a gigaton of supply chain emissions by 2030.
Suntory Group unveils plant-based bottle prototypes
Beverage giant Suntory Group has unveiled a new prototype bottle made from 100% plant-based materials, as it strives towards a goal to eliminate all petroleum-based virgin plastics from its PET supply chain.
KP Snacks to scale regenerative farming, Morrisons turns to insect-based chicken feed
In two positive sustainability moves in the UK's farming sector, KP Snacks has outlined plans to scale regenerative potato farming and Morrisons will begin decreasing the use of soy - a commodity linked to deforestation - in chicken feed.
Report: Supermarket giants 'turning a blind eye' to environmental damage in fish supply chains
A new analysis of how 33 major European food retailers are working to make fish supply chains more sustainable has found that three-quarters have a "near-total" lack of strong policies to safeguard the environment and improve animal welfare.
Bringing fashion industry emissions to net-zero by 2050 'a $1trn investment opportunity', report finds
The global fashion industry is currently on a 3C temperature pathway and bringing it down to 1.5C, a new report has revealed, will take $1.04trn of investment in low-carbon solutions and moves to dramatically improve resource efficiency.
Only one in four UK suppliers regularly asked for climate data by end-user businesses, survey reveals
Despite an uptick in corporate commitments to net-zero supply chains, just 25% of the UK suppliers polled in a recent survey stated that their buyers routinely ask them for emissions information.
UK facing green industry supply chain pressures, urged to boost recycling and productivity
The UK is facing a supply chain crunch on critical components needed for green industries like electric vehicle (EV) manufacturing, with a new Green Alliance report calling for the UK to build up domestic recycling of these valuable materials as part of energy saving measures.
EU proposes mandatory due diligence to stop deforestation in supply chains
The European Commission tabled its plan on Wednesday (17 November) to introduce mandatory due diligence for products sold on the EU market to make sure they are not linked to deforestation or forest degradation.
Starbucks and Arla to trial new sustainable dairy sourcing blueprint in the UK
Starbucks has partnered with Arla UK to support dairy farmers in reducing emissions, as the coffee chain strives to halve carbon emissions across its value chain by 2030.
Tackling Scope 3 emissions: New initiative launched to help businesses achieve net-zero value chains
In recognition of the fact that indirect (Scope 3) emissions typically account for the bulk of a business's climate footprint, a new initiative has been launched to help firms of all sizes and sectors measure and reduce them in line with climate science.
UK food giants pledge to eliminate deforestation in soy supply chains by 2025
All of the UK's major supermarkets, as well as the likes of Danone, Nestle, Nando's, KFC UK&I and McDonald's UK&I, have signed a new joint commitment to eliminate soy that has resulted in deforestation or land degradation from their animal feed and product supply chains.
Consumer goods giants plot first steps towards 'forest-positive' supply chains by 2030
A coalition of 20 consumer goods businesses, including Unilever, Mars and Nestle, has unveiled a portfolio of forest restoration schemes they will support in the next two years, as part of a commitment to become 'forest-positive' by 2030.
Unilever's Marc Engel on net-zero targets, Scope 3 emissions and nature-based finance
EXCLUSIVE: Unilever's chief supply chain officer Marc Engel told edie that businesses need to figure out "how big their nets" are when setting net-zero targets that can too often rely on offsetting, while also welcoming some promising frameworks unveiled at COP26.
BT and Unilever among business giants supporting other firms to halve supplier emissions
A new collaborative platform for businesses striving to cut emissions sharply across their supply chains has been launched by a string of big businesses including BT, Unilever and Ikea.
Report: $100trn needed to get global supply chains to net-zero and up to half must go to SMEs
Up to half of the estimated $100trn investment needed to get global supply chains to net-zero by 2050 will need to go to SMEs, a new analysis from HSBC and Boston Consulting Group has concluded.
Unilever-owned Knorr outlines plans to start 50 regenerative agriculture projects within five years
Unilever's largest food brand Knorr has revealed plans to initiate more than 50 regenerative agriculture projects by 2026, with schemes planned that cover 80% of its key ingredients.
The COP26 Climate Action Plan: Workshop summary report
Released just ahead of COP26, this report maps out a business action plan to accelerate change across the climate summit's key pillars of Clean Energy, Clean Transport, Nature-Based Solutions, Climate Adaptation and Green Finance.
HP increases $11m forests pledge to $80m, in bid to restore one million acres
HP Inc. has extended its partnership pledge with WWF, focused on forest restoration, from $11m over a five-year period to $80m over a decade, thereby creating the largest partnership between a US-based corporation and the NGO to date.
Jaguar Land Rover launches blockchain trials to source low-carbon leather
Transport giant Jaguar Land Rover (JLR) has trialled blockchain technology to trace the carbon impacts of its leather supply chain, as part of its overarching net-zero commitment.
G7 to explore carbon pricing and green finance for developing nations
G7 Finance Ministers have agreed on a new set of principles aimed at improving global supply chain resiliency and backing a new initiative from the International Monetary Fund (IMF) aimed at helping developing countries boost green economic opportunities.
How Salesforce became a net-zero business and what happens next
EXCLUSIVE: Last month, Salesforce announced it had become a net-zero business across its value chain. Here, edie explores how offsetting and location-based decarbonisation plans have created a unique road to combatting the climate crisis.
McDonald's targets net-zero value chain globally by 2050
Fast-food giant McDonald's has set a 2050 global net-zero target covering operations and the supply chain, while its UK & Ireland business has set a more ambitious 2040 deadline.
M&S refreshes Plan A strategy to deliver net-zero value chain by 2040
Retailer M&S has refreshed its iconic Plan A sustainability strategy to encompass a new commitment to reach net-zero emissions across its entire supply chain and product category by 2040.
UK businesses should be banned from sourcing and investing in goods that cause deforestation, MPs argue
The UK Government has been implored, once again, to strengthen its plans for eliminating deforestation from international supply chains, with MPs arguing for a clampdown on deforestation deemed legal overseas.
Six top tips for getting to grips with your organisation's Scope 3 emissions
Most organisations find that a significant proportion of their total emissions footprint is indirect, making Scope 3 emissions a key focus for the net-zero transition. But how can these emissions be accurately measured and reported - and reduced at the pace needed?
Tesco sets 2050 net-zero target for supply chain
Building on a commitment to reach net-zero operational emissions by 2035 and to cut supplier emissions by 35% within the same timeframe, Tesco ha updated its ambitions for decarbonising the supply chain.
What makes a sustainability leader? Meet energy & carbon champion Lara Young
With the entry deadline for edie's 2022 Sustainability Leaders Awards just one week away, this series showcases the achievements of previous winners and reveals their secrets to success. Up next: Winner of our 'Energy & Carbon Leader of the Year' award, Lara Young.
Available to watch on-demand: edie's Scope 3 emissions masterclass
edie's most recent online masterclass took place on 23 September and was dedicated to helping professionals get to grips with their organisation's indirect (Scope 3) emissions on the road to net-zero. A recording is now available to watch, on-demand.
Unilever outlines plans to halve supplier emissions by 2030
FMCG giant Unilever has outlined plans to help suppliers representing two-thirds of its upstream emissions to decarbonise in line with climate science.
UK's retrofit industry must grow by ten times to play role in reaching net-zero
The UK's retrofitting industry needs to grow by ten times its current size if the UK is to decarbonise its housing stock at a pace suitable for the wider net-zero emissions target, new research has revealed.
World's biggest food companies accused of failing on climate action, human rights protections
Less than 10% of the world's largest food companies are aiming to reduce their emissions in line with climate science, while less than 13% are taking sufficient action to eliminate forced labour.
Advertising industry launches net-zero training qualification for workers
Workers in the advertising sector will soon be able to access new training qualification programmes to create a better understanding of how the sector can reduce emissions and promote sustainable products and services as part of the wider net-zero movement.
What makes a sustainability leader? Meet the supply chain champions ADM
With the entry deadline for edie's 2022 Sustainability Leaders Awards less than a month away, this series showcases the achievements of previous winners and reveals their secrets to success. Up next: Winner of our Supply Chain Excellence' award, ADM.
'Reduction-first approach': WorldGBC updates net-zero buildings commitment
The World Green Buildings Council (WorldGBC) has today (15 September) unveiled an update to its longstanding Net Zero Carbon Buildings Commitment, that aims to ignite a "reduction-first" approach to decarbonisation to halve emissions from the sector by 2030 and tackle lifecycle emissions.
Plans before pledges: How P&G has evolved its climate strategy to target a net-zero value chain by 2040
EXCLUSIVE: Procter & Gamble (P&G) has unveiled a new climate action plan to reach net-zero emissions across its value chain by 2040, with the company's vice president for global sustainability Jack Mcaneny telling edie that the "absolute priority is reducing emissions".
660,000 jobs at risk unless UK improves approach to net-zero target, research warns
The UK's sluggish progress towards its net-zero emissions target for 2050 could see more than 600,000 jobs move to other countries that are better embracing the green transition, new analysis has warned.
Hitachi targets carbon-neutral value chain by 2050
Hitachi, one of the Principal Partners to the COP26 conference, has revised its sustainability targets with a new plan to achieve carbon neutrality across its entire value chain by 2050.
UK supply chain survey reveals major lack of transparency on sustainability
Half of UK businesses admit they are not being transparent enough with consumers about the true sustainability of their supply chains, new research has revealed.
Cisco targets net-zero by 2040, Illumina by 2050
Tech giant Cisco has pledged to reach net-zero emissions for operations by 2025 and the supply chain by 2040, while healthcare research and solutions firm Illumina has set a 2050 target.
Nomad Foods joins Race to Zero with pledge to cut supply chain emissions
Frozen food giant Nomad Foods has joined the UN's Race to Zero campaign, with a key focus on supporting its 75% most-emitting suppliers to develop their own science-based targets by 2025.
'New territory for us': How BMW is embedding circular economy principles to accelerate the low-carbon transition
EXCLUSIVE: BMW's VP for sustainability and mobility Dr Thomas Becker has spoken exclusively to edie about its new climate and circular economy commitments, stating that the company "will not get on a Paris-compliant pathway" without recycling and reusing materials.
Big-name businesses boost nature targets at global conservation congress
A string of businesses are using the International Union for Conservation of Nature's (IUCN) Congress this week as a backdrop for updating biodiversity strategies, with new announcements from the likes of L'Occitane, Walmart, Pernod Ricard and Kering.
#SustyTalk: Wincanton's Steve Tainton on low-carbon transport and the evolving ESG debate
edie's #SustyTalk series of sustainability-related interviews continues with an exclusive discussion with Wincanton's head of sustainability and CSR, Steve Tainton.
Don't neglect climate justice in net-zero transition, Co-op urges other businesses
The Co-operative Group is urging other businesses to follow its lead and pledge to protect the people and communities likely to be hit by physical climate impacts and affected by the transition to net-zero.
Carlsberg Group adds 20 new electric trucks to fleet
Brewer Carlsberg Group has announced that it is now operating Switzerland's largest electric truck fleet, after taking delivery of 20 new vehicles from Renault Trucks.
What makes a sustainability leader? Inside Tideway's award-winning infrastructure project
With the entry deadline for edie's 2022 Sustainability Leaders Awards approaching, this new feature series showcases the achievements of previous winners and reveals their secrets to success. Up next: the winner of our Building/Infrastructure Project of the Year Award, Tideway Legacy.
Major fashion brands accused of failing to phase out fossil fuels, despite net-zero pledges
A new index ranking 47 large fashion brands on their efforts to remove fossil fuels from their supply chains and products has given most a failing grade, with the likes of Primark, Uniqlo and Marks & Spencer named as laggards.
Fashion, finance and fossil fuels creating 'critical' water risks, CDP warns
The apparel, fossil fuel and financial services sectors are among those dealing the most damage to the world's water systems, according to a new analysis from CDP.
edie Explains: Sub-metering
What is sub-metering? What are the different ways an organisation can use submetering? What are the business benefits of sub- metering? What is the cost of installing sub-meters? And, how can sub-metering support other aspects of a business’ net-zero journey? This new Explains guide from edie answers all of these questions and more.
US food giants including Costco and JBS accused of failing to tackle Scope 3 emissions
An analysis of how 50 of North America's largest food companies' climate efforts has found that less than half (38%) disclose their indirect (Scope 3) emissions.
Gousto and DPD launch new courier scheme to redistribute surplus food
UK recipe kit firm Gousto has built on an existing partnership with food distribution charity to FareShare to reduce wastage across the supply chain by launching a new courier service with DPD.
World’s largest meat company JBS joins Race to Zero initiative
The world’s largest meat company, JBS, met with COP26 President Alok Sharma to formally join the Race to Zero campaign, building on a net-zero commitment set earlier this year.
Fashion giants collaborate for blockchain-powered supply chain transparency trials
Retailers including H&M Group, New Look and Next have joined a new pilot scheme assessing how digital technologies can be used to improve supply chain transparency, thereby enabling targeted improvements to environmental sustainability and efficiency.
No air-freighted food on the menu for COP26, in bid to cut emissions
The catering company for the Scottish Events Campus in Glasgow, which is set to host COP26 in November, has announced plans for a total ban on air-freighted produce in the UK.
UK's plans to scale battery production 'insufficient for net-zero transition'
The UK Government's plans to support the battery manufacturing sector to scale up are not sufficient to deliver the transition to net-zero, nor to ensure that the UK remains a leader in this market globally, a Lords Committee is warning.
Automakers urged to move away from 'destructive' deep-sea mining
Carmakers looking to increase the rollout of electric vehicles (EVs) across the globe have been urged to pre-divest from deep-sea mining companies, with a coalition of NGOs warning that failing to do so will cause irreversible damage that will contribute to the climate crisis.
Asda to move entire company car fleet to EVs by 2025
Asda has confirmed it will move its entire company car fleet of 600 vehicles to electric by 2025, a move that will save more than 2,000 tonnes of carbon emissions on the road to net-zero.
Onsite renewables and EVs: Anglian Water outlines net-zero routemap for 2030
Anglian Water has published a detailed routemap outlining how onsite renewables, electric vehicles (EVs), hydrogen and biogas production will deliver its ambition to reach net-zero by 2030.
UK urged to level-up regions through CCUS supply chains
The trade body for the Carbon Capture, Utilisation and Storage (CCUS) industry in the UK has noted that a successful rollout of the technology could create a thriving supply chain in the UK which would deliver job growth, provided enabling policies are introduced.
UK food and drink sector to halve emissions by 2030, under updated WRAP targets
WRAP's Courtauld Commitment, which has been singed by more than 90% of the UK's food retailers as well as major businesses across the food value chain, has been extended to 2030, with a new ambition to halve absolute emissions.
McDonald's to trial deposit return scheme for coffee cups in Northampton
McDonald's has chosen six restaurants in Northampton to trial a £1 deposit on reusable coffee cups in a bid to cut back on waste.
Inditex and Elsevier commit to net-zero emissions by 2040
Clothing giant Inditex and research publishing firm Elsevier are the latest corporates to have updated their corporate strategies, setting ambitions to reach net-zero emissions by 2040 at the latest.
Survey: 3 in 4 manufacturing executives don't understand their company's carbon footprint
A survey of more than 150 C-suite executives at UK-based manufacturers has revealed a gap in understanding about calculating and reducing emissions in line with climate science and the national net-zero target.
Asos reduced emissions by 13% in 2020, despite pandemic parcel boom
Online fashion giant Asos has revealed a 13% year-on-year reduction in its carbon footprint for 2020, despite a surge in sales as lockdown restrictions forced physical stores to close.
How are UK businesses approaching the net-zero transition? Find out with edie's new Barometer
The first edition of edie's new bi-annual Net-Zero Business Barometer, providing a regular temperature check and progress update regarding the decarbonisation of organisations across the UK, is now available to download.
Hyundai joins RE100 as Porsche urges suppliers to source 100% renewable electricity
Hyundai Motor Group's five largest affiliate brands are applying to the Climate Group's RE100 scheme this month, the business has revealed, shortly after Porsche unveiled new measures to help suppliers procure renewable electricity.
Current nature targets 'not enough': WWF calls for UK to cut global environmental footprint by 75%
If the UK is to properly address its climate impacts, it must reduce the environmental impact of products made domestically and imported by 75% this decade.
Nissan unveils plans for £1bn electric vehicle hub and battery gigafactory in Sunderland
Nissan looks set to transform its flagship Sunderland manufacturing facility into a £1bn electric vehicle (EV) hub that will feature a 9GWh battery production gigafactory - the first of its kind in the UK.
Report: 60% of sustainability claims by fashion giants are greenwashing
A study of the websites of 12 of the biggest British and European fashion brands, including Asos, H&M and Zara, has found that 60% of the environmental claims could be classed as "unsubstantiated" and "misleading".
Report: UK telecoms giants leading sector's global net-zero transition
Four in ten of the world's biggest telecommunications companies are behind on the delivery of their environmental targets, but British firms are decarbonising far more rapidly than their international counterparts, new Boston Consulting Group (BCG) analysis has found.
Global cotton-growing regions facing increased exposure to climate risks
Global cotton production is vastly unprepared for the looming climate crisis, with more than half of the world's growing regions set to be exposed to water scarcity and extreme weather events that will disrupt the market.
Spirax-Sarco 'refreshes' sustainability strategy with net-zero and biodiversity goals
Engineering firm Spirax-Sarco has 'refreshed' its sustainability strategy, unveiling new pledges towards net-zero greenhouse gas emissions, biodiversity and waste management.
Vodafone to reach net-zero carbon emissions in UK by 2027
Vodafone plans to eliminate carbon emissions from its entire UK operations by 2027, as part of a sweeping set of commitments that will see the technology giant invest in electric vehicles (EVs) and update supplier contracts based on environmental credentials.
The business guide to net-zero carbon reporting
The past 12 months have seen thousands of businesses announce net-zero strategies in line with national targets and in response to increased stakeholder pressure. So, what exactly makes a credible net-zero strategy, and - crucially - how should businesses be measuring and reporting their climate impacts to deliver decarbonisation at scale?
Polestar and Google to halve emissions and join Race to Zero campaign
Swedish electric vehicle (EV) manufacturer Polestar and technology giant Google are the latest firms that have agreed to halve emissions by 2030 as part of a wider effort to deliver net-zero value chains, by joining the UN's Race to Zero campaign and the Exponential Roadmap Initiative.
Burberry to become 'climate positive' by 2040
Luxury fashion firm Burberry has updated its science-based targets in a bid to become "climate positive" by 2040, a move that will aim to decarbonise the value chain and utilise a bespoke carbon insetting fund.
Ikea launches renewables programme for direct suppliers
Ikea has unveiled a new programme that will ensure that all of its direct suppliers are powered by 100% renewable electricity, as the retailer pushes towards its commitment to become 'climate positive' by 2030 by reducing more emissions than the value chain emits.
WRAP: 2020 was record year for food redistribution by UK firms
More than 92,000 tonnes of surplus food was redistributed in the UK last year, marking a 45% year-on-year increase, partly caused by the response to Covid-19.
Drax announces ambition to host world's largest negative emissions project
Drax has signed a new deal with Mitsubishi Heavy Industries on carbon capture technologies, which it claims will enable it to deliver the largest 'negative emissions' project in the world.
Domino's introduces electric mopeds into delivery fleet
Pizza brand Domino's is set to introduce more than 200 electric mopeds for deliveries across London, after trialling the vehicles from NIU Technologies.
HP and JBS issue sustainability-linked bonds to drive towards net-zero
The world's largest protein producer, JBS, has announced the issuance of a $1bn sustainability-linked bond tied to net-zero targets, while technology firm HP has unveiled its sustainable bonds framework.
Report: Half of UK fashion giants failing to support supply chain workers' rights
A ranking of 18 of the UK's most influential high street and online fashion retailers has revealed weak progress across the board on labour practices and supply chain worker conditions, with half of the brands generating a negative impact.
Ferrero targets nature net-gain and 'fully transparent' supply chain under new palm oil strategy
Ferrero Group, the confectionery giant which owns Nutella, has launched a new Palm Oil Charter featuring commitments to regenerate biodiversity and water systems.
Nissan invests £52m into closed-loop aluminium production at Sunderland facility
Nissan has confirmed a new £52m investment into its Sunderland facility that will enable the use of recycled and lightweight aluminium for the production of Qashqai vehicles to reduce the energy required for material processing.
Manufacturer McCormick's first net-zero building set for Peterborough
Multinational food ingredients manufacturer McCormick has confirmed that a new facility in Peterborough looks set to become its first net-zero carbon building.
Boohoo links executive pay to ESG targets after supply chain scandal
Online fast-fashion giant Boohoo Group has pledged to link executive bonuses to progress against new ESG targets, after allegations of worker exploitation at supplier factories last year were found to be "substantially true".
Achieving Net-Zero Carbon Heating: Six Top Tips for Businesses
Produced in partnership with Centrica Business Solutions, this handy ‘top tips’ guide provides organisations across the private and public sector with six clear and concise pieces of advice on adopting low-carbon heating technologies and processes.
BT cuts emissions by 14% over 12-month period
Over the last 12 months, BT Group has reduced the carbon intensity of its operations by 14%, putting the company on course to reach net-zero emissions by 2045, while broadcaster Sky has had carbon reduction targets for its net-zero ambition approved by the Science Based Targets initiative (SBTi).
Unilever's net-zero transition plan backed by more than 99% of shareholders
More than 99% of Unilever's shareholders have voted in favour of its plans to become a net-zero business by 2039, the FMCG giant has said.
Iceland boss Richard Walker: Collective business activism required to hold politicians to account
EXCLUSIVE: Iceland Foods' boss Richard Walker believes that 'collective business activism' is essential in driving policymakers to align with the sustainability movement, following a recent letter sent by food retailers to the Brazilian Government urging them to reconsider a new land bill that could increase deforestation.
Unilever, Coca-Cola and Colgate-Palmolive join AB InBev's sustainability accelerator
Consumer goods giants Unilever, Coca-Cola and Colgate-Palmolive have agreed to fund and pilot innovations designed to improve supply chain sustainability through Anheuser-Busch InBev's (AB InBev) accelerator scheme.