DEFINITION: The UK Government has set five-yearly carbon budgets which currently run until 2032. They restrict the amount of greenhouse gases the UK can legally emit in a five-year period. The UK’s Fifth carbon budget aims to limit the annual emissions to 57% below 1990 levels by the year 2032.
Scope 3 and the supply chain: How businesses are taking sustainability leadership to a new frontier
Not too long ago, sustainable leadership was defined by those 'getting their own house in order' through emissions reductions, but as the pace required to reduce emissions grows, so too does the efforts from businesses to assist the supply chain in decarbonising. Here, edie looks at some of the transformational ways businesses are engaging with suppliers.
Businesses and green groups call for Government to set out 'negative emissions' policy framework
The National Farmers Union (NFU), Heathrow Airport and the Renewable Energy Association (REA) are amongst the organisations that have formed the Coalition for Negative Emissions, which is this week calling on the UK Government to set an "unambiguous commitment" to carbon capture and negative emissions.
edie explains: Science-based targets
What makes emissions targets "science-based"? How can businesses go beyond 2C alignment and strive for 1.5C? And what role do these targets play in the net-zero movement? This free edie explains guide answers all of these questions and more.
Electrolux debuts vacuum cleaner made from 100% recycled plastics
Electrolux has unveiled the first product range as part of a new "circular initiative" with Stena Recycling, a new vacuum cleaner made from 100% post-consumer recycled plastics and reused materials.
UK Export Finance could support 42,000 green jobs by reallocating funds from oil and gas
The UK Government's direct lending facility could support more than 40,000 jobs in the renewables sector annually by 2035, if it were to assume liabilities for renewable exports like it currently does for oil and gas, new research has found.
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.
Vodafone saves £10m in energy costs over three-year period
Vodafone has worked with facilities management firm Mitie to reduce its UK carbon footprint by 25,000 tonnes over a three-year period, with improvements to building-based energy use saving the technology firm around £10m.
BT's £55bn pension scheme commits to net-zero emissions by 2035
The UK's largest corporate pensions investment fund, BT Pension Scheme, has signalled its intention to reach net-zero emissions by 2035 on behalf of its £55bn portfolio.
Businesses pour £75m into Humber's zero-carbon industrial cluster
A host of organisations have submitted a public and private sector bid of £75m to build key infrastructure to create the world's first zero-carbon industrial cluster in the Humber region.
NHS sets net-zero emissions target for 2040
Despite the ongoing challenges in dealing with the coronavirus pandemic, NHS England has signalled its intention to reach net-zero emissions through a plethora of new initiatives that will see 40 net-zero hospitals created alongside a £50m LED lighting upgrade.
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.
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.
Walmart targets zero emissions by 2040, won't rely on offsetting
US retail giant Walmart has committed to becoming a zero emissions business by 2040 by pledging to become carbon neutral across its global operations without relying on carbon offsets.
'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.
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).
Arup, Spirax-Sarco and Bolt outline ambitious climate targets
Engineering firms Arup and Spirax-Sarco Engineering have unveiled new net-zero carbon targets, with Arup targeting net-zero emissions by 2030 and Spirax-Sarco aiming for 2040, while mobility platform Bolt aims to become carbon negative by the end of the year.
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".
edie launches new business guide on carbon offsetting
edie has today (26 May) published a new explains guide, focusing on how businesses should approach the use of carbon offsetting to assist a carbon reduction strategy.
Climate crowdsourcing: Government urged to put digital technology at heart of net-zero strategy
A new report has called on the UK Government to secure a windfall of the emerging digital climate tech sector by embracing low-carbon innovation through policy measures - a move which could help slash emissions and add billions to the UK economy.
Businesses urged to harness 'nature-based solutions' to combat climate emergency
Businesses have been called upon to trial and pilot 'nature-based solutions' (NBS) in helping them reduce environmental impacts while helping the surrounding areas improve resiliency against a range of climate risks.
UK's CCS deployment lacking 'comprehensive' planning on non-cluster sites
The UK's net-zero transition is lacking a "comprehensive regulatory framework" to overcome challenges to "dispersed" sites that would be suitable for carbon capture technology (CCS) but that aren't located in industrial clusters.
Five steps to building a resilient carbon strategy in a post-pandemic world
During edie's recent online masterclass, sustainability and energy specialists from Centrica and its Business Solutions arm discussed steps to building corporate carbon strategies while exploring how attitudes towards decarbonisation will change as a result of the coronavirus pandemic.
edie Explains: Scope 3 carbon emissions
What are Scope 3 emissions? How are they calculated? How can they be mitigated and reduced? And, what are the business benefits of doing so? This free edie Explains guide gives you everything you need to know.
Capgemini targets net-zero operations and supply chain by 2030
IT services and consultancy firm Capgemini has pledged to achieve carbon-neutral operations by 2025 and full net-zero alignment by 2030, after meeting one of its key emissions targets a decade ahead of schedule.
Government urged to ratchet up spending into household energy efficiency
The UK Government has been urged to implement a Home Improvement Plan to facilitate more than £5bn in annual spending to improve the energy efficiency of the UK's housing stock to contribute to the net-zero target for 2050.
M&G Real Estate sets out net-zero commitment
M&G Real Estate has unveiled new carbon reduction targets, committing to reaching net-zero emissions across its operations by 2030 and its real estate portfolio by 2050, in line with the Government's net-zero target.
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.
Net-zero by 2030: Decarbonisation plans presented to Exeter City Council
A plan detailing how the city of Exeter can achieve net-zero emissions through reduced energy consumption, renewables uptake and the promoting of healthy living have been presented to the city council for approval.
Equinor to deliver world's largest at-scale hydrogen from carbon capture plant in Hull
Equinor has unveiled plans to develop the world's largest plant capable of converting natural gas to hydrogen in combination with carbon capture and storage (CCUS), as part of the zero-carbon industrial hub located in the Humber region.
Barratt Developments sets net-zero target for 2040
The UK's largest housebuilder, Barratt Developments, has built on recently announced science-based targets by committing to achieving net-zero greenhouse gas emissions by 2040.
Amazon to invest $2bn in low-carbon innovations
Amazon will invest at least $2bn (£1.6bn) in smaller firms creating technologies or services aimed at reducing carbon emissions to net-zero, the e-commerce giant announced on Tuesday (23 June).
British Land targets net-zero portfolio by 2030
Property development and investment giant British Land has unveiled a sweeping new sustainability strategy, headlined by a 2030 net-zero target for its office and retail estate.
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.
Sector coupling: Electrification of transport and buildings could slash emissions by 60%
Mass-Scale electrification of the transport, buildings and industrial sectors could enable Europe to reduce greenhouse gas emissions by 60% over the next 30 years, according to a new report published today by research company BloombergNEF (BNEF).
Number of organisations committed to net-zero buildings doubles in one year
The number of companies, cities, states and regions committed to delivering zero-carbon buildings has more than doubled in year, according to new findings from the World Green Building Council (WorldGBC) that confirms that 95 signatories are working towards its Net-Zero Carbon Buildings Commitment.
Heat Networks Industry Council set up to spur zero-carbon networks and job growth
Organisations overseeing the UK's heat networks and industry have created a new Council that will oversee plans to drive up to £50bn in investment into the sector to create 35,000 new jobs and deliver zero-carbon heat networks.
AB InBev launches sustainable supplier platform
The world's largest brewer, AB InBev has unveiled a new supplier forum to assist with environmental stewardship across the value chain, giving suppliers the option to receive educational materials to help reduce emissions and lower water usage.
Cooling sector lagging behind on low-carbon innovation
With news emerging that last month was the joint-warmest April ever recorded, new analysis from CDP has warned that major consumer electronic and cooling appliance firms are failing to innovate technology to spur decarbonisation.
UPS offers month-long carbon offset incentive for deliveries
Logistics firm UPS will offer the option to pay towards the offset of carbon emissions of shipped parcel deliveries throughout the month of June, to mark World Environment Day this Friday (5 June).
Net-zero cities: Leeds's mission to be carbon neutral by 2030
edie's new mini-series exploring how local authorities are collaborating with businesses to actuate community-centred sustainability schemes on the road to net-zero emissions continues, this time exploring how Leeds plans to become a net-zero city by 2030.
IEA: Coronavirus to cause largest ever drop in global energy investment
The world is on course to witness the largest ever drop in investment in global energy, with the coronavirus pandemic set to restrict spending across renewables, gas, fossil fuels and cleantech.
West Sussex's £31m 'smart' local energy system to progress during lockdown
A Virtual Power Plant (VPP) project in West Sussex which is aiming to streamline how low-carbon energy is generated, stored, traded and consumed is still running "at full speed" despite the economic disruptions caused by the coronavirus pandemic.
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.
UK's gas networks call for £900m investment into zero-carbon infrastructure
Britain's five gas networks companies have today outlined plans to spend more than £900m on zero-carbon energy infrastructure and hydrogen deployment across the UK, subject to Government approval on funding.
edie Explains: Carbon offsetting
What is carbon offsetting in the terms of a businesses’ carbon emissions strategy? How does the carbon offset process and its market work? And, at what point should a business turn to carbon offsetting?
Zero-carbon Humber cluster to rollout carbon capture and hydrogen production
Plans to create the world's first zero-carbon industrial cluster in the Humber region reached another milestone this week, as Phillips 66 and Uniper signed an agreement to deploy a carbon capture and storage (CCUS) and hydrogen production facility.
Tate & Lyle to cut emissions by 30% by 2030
Food and drink ingredient supplier Tate & Lyle has published a new set of environmental targets, pledging to reduce operational emissions by 30% by 2030 and a 15% reduction in value chain emissions.
Conde Nast to become carbon-neutral by 2030
Global fashion media company Conde Nast, which owns brands including Vogue and GQ, has committed to becoming a carbon-neutral company by 2030 while committing to educate its audience on the climate emergency.
Business Barometer: Energy managers focused on data and technology for low-carbon plans
EXCLUSIVE: Energy managers are hoping to focus on data optimisation and smart technologies such as Artificial Intelligence to accelerate low-carbon plans, although financials barriers do remain, according to edie's new barometer survey report, published today (20 May).
Planning application for UK's first waste-to-jet fuel plant given green light
A planning application backed by Shell and British Airways to create the UK's first commercial-scale waste-to-jet fuel plant in North East Lincolnshire has been granted planning permission.
Government taskforce sets out tools to unlock £65bn investment into green housing
The UK Government's Green Finance Institute (GFI) has found that scaling up green retrofitting of the UK's existing housing stock would require investments of up to £65bn while supporting the economic recovery, as the Green Alliance calls for policy amendments to retrofitting in the UK.
Carbon scorecards and working groups: Engineers gear up to support UK's net-zero ambition
The National Engineering Policy Centre (NEPC) has outlined the steps that the engineering sector can take to assist with the UK-wide decarbonisation to reach net-zero emissions by 2050, while WSP has led an economy-wide call for strengthened net-zero policies.
Northern Powergrid unveils community engagement decarbonisation plans
The distribution network operator (DNO) for the North East, Yorkshire and northern Lincolnshire has unveiled a new community energy engagement strategy outlining steps to use community-based consumption and power to respond to the climate emergency.
edie launches free Decentralised Energy Toolkit for businesses
edie has today (13 May) launched a new toolkit, in association with UK Power Network Services, to outline and showcase how businesses large and small can explore distributed energy solutions to assist with decarbonisation strategies and give them more control over energy usage.
Corporate leaders want decarbonisation as central focus for Europe's Industrial Strategy
Business giants including Unilever, Interface, and Coca-Cola have called for the new European Industrial Strategy to focus heavily on decarbonisation in a way that sets out clear strategies for investment into low-carbon solutions and provides price incentives for new goods and services.
Oil and gas giants overstating net-zero ambitions, study finds
Recent announcements from European oil and gas majors such as Total, Shell and BP to commit to net-zero aren't actually aligned to the required, science-based cuts to emissions to reach net-zero or the 1.5C target of the Paris Agreement, new research has found.
E10 petrol, hydrogen and biomethane: Is the UK on the cusp of low-carbon heat and transport?
As the UK Government consults on a low-carbon fuel mix for petrol stations, two industry associations have called for refined government policy to enable the uptake of hydrogen and biomethane use to help decarbonise heat and transport.
Mitie signs up to RE100 following EP100 and EV100 commitments
Mitie has become the first facilities management firm to sign up to all three of the Climate Group's initiatives, after committing to source 100% renewables as part of the RE100 platform and having already signed up to the EV100 and EP100 initiatives.
Law firm Slaughter and May's carbon goals approved by SBTi
Legal giant Slaughter and May has confirmed that a goal to reduce emissions by 50% by 2030 has been approved by the Science Based Target initiative (SBTi) as aligned to the 1.5C ambition of the Paris Agreement.
Business leaders call for recovery packages to be tied to net-zero corporate targets
The chief executives from 40 global organisations including BP, Heathrow Airport, Shell and HSBC, have called on governments to focus economic recovery packages in ways that enable sectors and businesses to transition to low-carbon and resilient models of operation.
edie Explains: Net-zero carbon business
What is 'net-zero' in the context of business emissions? Which organisations are most suited to adopting net-zero carbon strategies? And, what is the impact of the coronavirus on the net-zero movement?
Science-based pathway for net-zero emissions established for telecoms sector
The International Telecommunication Union (ITU), the Global e-Sustainability Initiative (GeSI) and the GSMA have forged a new partnership to develop a sector-specific decarbonisation pathway that will outline how all companies in the mobile sector can set science-based targets.
IEA: Global emissions in 2020 to plummet by largest margin ever recorded due to Covid-19
The Covid-19 pandemic is set to deliver the biggest disruption to the energy system since the 1930s, with global electricity demand to fall by 5% while the level of emissions for 2020 are set to fall by 8% - the largest annual decrease in emissions ever recorded, according to the IEA.
EU lawmaker puts 65% emissions cut on the table
The European Parliament is gearing up for tough talks on the EU's climate target for 2030, with a 65% emissions cut now firmly on the table.
McKinsey: Reaching 1.5C a ‘daunting’ and unparalleled transition for all sectors
The global transition to limiting global temperature increases to 1.5C by 2050 has been labelled as a "daunting task", that would require unprecedented levels of decarbonisation for key sectors, with the world currently on course to exceed its carbon budget by 2031.
Available to watch on-demand: edie's 45-minute masterclass on net-zero implementation
edie's latest series of masters content for developing net-zero businesses focused on decarbonisation implementation and took place on Wednesday, 29 April, featuring expert insight from Centrica's group head of environment Jim Rushden and Centrica Business Solutions' director of product management John Hartley. It is now available to watch on-demand.
Businesses provide NHS workers with renewably powered smartphone chargers
A new initiative has been set up to provide more than 850 pre-charged power banks using 100% renewable energy to help NHS workers charge smartphones and stay connected during shifts on the Covid-19 frontline.
Two-thirds of consumers support carbon footprints on product labelling
A global survey of 10,000 consumers has shown universal support for details on a product's carbon footprint to be included on labelling, according to new research from the Carbon Trust.
Jacobs and CMS UK unveil net-zero targets
Engineering firm Jacobs has unveiled a new climate action plan that commits the company to reach net-zero emissions across operations and business travel by the end of the year, while UK law firm CMS has set a net-zero target for 2025, backed by science-based targets.
CCC boss: Green and resilient economic recovery can push UK towards net-zero target
EXCLUSIVE: The Committee on Climate Change's (CCC) chief executive Chris Stark believes the UK Government should prioritise a green and resilient economic recovery from the coronavirus pandemic that doesn't lock in fossil fuels and puts the nation on an upwards trajectory towards a socially just net-zero transformation.
Huge wind-powered boats and a boon for solar in the US: 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.
Net-zero by 2030: Lime becomes first micro-mobility firm to pledge to science-based targets
E-scooter and e-bike giant Lime has set a 2030 net-zero target and said it will develop science-based emissions reductions targets in the coming months.
New scheme to help UK's schools align with net-zero
Charities including Ashden, Global Action Plan and the Fairtrade Foundation have teamed up to launch a new initiative helping UK schools transition to net-zero.
Moncler commits to carbon neutrality and 100% renewable electricity
Luxury fashion brand Moncler has pledged to ensure that its direct operations are carbon-neutral within a year and to transition to 100% renewable energy by 2023.
Just 3 in 10 UK banks have a net-zero target, PwC claims
A survey of 17 of the UK's largest banks has found that just five of them have net-zero targets or science-based emissions targets, meaning they risk breaching their legal requirements on climate change.
Dentsu International sets 2030 net-zero target
Media and communications giant Dentsu International has announced a new 2030 net-zero target, underpinned by a science-based target to reduce absolute emissions by almost half.
Meet edie's 30 Under 30 Class of 2020: Amy Blackwell, Sainsbury's
This new series profiles the members of edie's 30 Under 30 - a nomination-based community of 30 hugely talented young sustainability and energy professionals who have already achieved great things or are showing fantastic promise. Up next: Amy Blackwell, utilities and carbon reporting manager at Sainsbury's.
LSE to become carbon-neutral for this academic year
The London School of Economics and Political Science (LSE) has committed to achieving carbon neutrality for the 2020-2021 academic year, in what it claims is a first in the UK's higher education space.
edie launches new explains guide to setting science-based climate targets
Organisations looking to align their emissions reductions targets with climate science can now access a free 'edie Explains' guide breaking down everything they need to know about science-based targets.
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.
What makes a sustainability leader? Meet carbon reduction champions, the Climate Group's EV100 team
With the 2021 Sustainability Leaders Awards entry deadline approaching, this new feature series showcases the achievements of the 2020 winners and reveals their secrets to success. Up next: The winner of our Carbon Reduction Project of the Year, EV100, from The Climate Group.
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.
John Lewis Partnership brings net-zero target forward to 2035
Waitrose and John Lewis' parent company has committed to becoming a net-zero business by 2035 - 15 years sooner than originally planned - as part of a sweeping new business strategy.
Fighting food waste and engaging one billion people on climate change: 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.
Net-Zero Business podcast: Exploring Nespresso's plans for carbon-neutrality and catching up with Inspired Energy
In response to the accelerated pace at which corporates are examining and setting net-zero targets to help alleviate the climate crisis, edie has launched a new spin-off of the Sustainable Business Covered podcast. Up next, discussions on insetting and offsetting with Nespresso.
Government to publish 'comprehensive' net-zero strategy in build up to COP26
The UK Government has responded to the latest Committee on Climate Change (CCC) progress report, pledging to publish a "comprehensive" strategy that will detail how all parts of the economy will decarbonise in line with the national net-zero emissions target for 2050.
Sainsbury's invests in trucks powered by kinetic energy
As part of its net-zero commitment, Sainsbury's has purchased 1,200 lithium-ion trucks powered by kinetic energy, in a move that will save energy equivalent to powering 700 UK homes.
Pearson to halve value chain emissions as part of approved science-based target
Learning and education company Pearson has had targets to halve its operational and value chain emissions by 2030 approved by the Science Based Targets initiative (SBTi).
Almost half of UK's carbon emissions not accounted for under net-zero target, report warns
The UK's net-zero target is failing to account for emissions from overseas manufacturing of products imported into the country, a figure which a new report from WWF claims accounts for 46% of the UK's annual carbon footprint.
Net-zero: Is the UK's gas grid ready to go green?
In a week where plans were unveiled for a nationwide roll-out of farming greenhouses heated by wastewater, the UK's major gas operators have teamed up to launch a programme aimed at delivering the world's first zero-carbon gas grid.
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.
Mitie to double energy productivity through EP100 initiative
British facilities management (FM) firm Mitie has built on its net-zero emissions target set for 2025 by joining the Climate Group's EP100 initiative to double its energy productivity.
6 top tips for optimising your energy data on the road to net-zero
The net-zero movement has expanded rapidly over the past 18 months, with 1,500+ businesses setting targets. But why is energy data optimisation so important to decarbonisation? And how best to do it?
City of London Corporation targets net-zero by 2040
The City of London Corporation has committed to reaching net-zero across its investments and supply chain by 2040, with an interim ambition to generate net-zero operational emissions by 2027.
New framework to help businesses account for emissions of remote workers
Energy and sustainability managers seeking to account for the emissions generated by employees working from home due to Covid-19 - of which there are 14 million in the UK alone - now have access to a new calculation tool.
HSBC sets net-zero target, plans $750bn of low-carbon investment by 2030
HSBC has committed to reaching net-zero financed emissions by 2050 and outlined plans to finance at least $750bn of low-carbon activities within a decade.
Low-carbon transition: Even best-prepared fossil fuel majors 'to see half of portfolios become uncompetitive'
While European oil and gas majors are diversifying their portfolios to include more renewables, setting stricter climate targets and adjusting their oil price predictions, at least half of their operations won't be competitive in a 1.6C world, a new report claims.
Major businesses back North West's net-zero industrial cluster, say it can come online by 2030
Businesses including Siemens and Tata Europe's chemicals arm have agreed to back plans for a net-zero industrial cluster in North West England, which developers say will be completed by 2030 and create 33,000 new jobs.
Meet edie's 30 Under 30 Class of 2020: Lucie Peralta Agass, OVO Energy
This new series profiles the members of edie's 30 Under 30 - a nomination-based community of 30 hugely talented young sustainability and energy professionals who have already achieved great things or are showing fantastic promise. Up next: Lucie Peralta Agass, senior sustainability manager at OVO Energy.
Scotland must go beyond power to meet net-zero by 2045, Committee on Climate Change warns
The Committee on Climate Change (CCC) has told the Scottish Government that it should apply learnings from the low-carbon transition in the nation's electricity sector to heat and transport, lest it risk missing its 2045 net-zero target.