Carbon negative

DEFINITION: The reduction of an entity’s carbon footprint to less than neutral, so that the entity has a net effect of removing carbon dioxide from the atmosphere rather than adding it.

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The supply chain can account for more than 90% of a company's environmental footprint

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.
The UK’s net-zero emissions target for 2050 will require every household to replace their heating system with lower carbon alternatives

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.
Equinor is aiming to deliver a final investment decision on the plant in 2023, with production set to commence in 2026

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.
Heat accounts for more than a third of the UK’s greenhouse gas emissions

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.
This guide explains how offsets can be utilised, what the key considerations are for businesses and how the process works

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.
Chanel is the first unrated issuer to have a public set of bonds linked to sustainability ambitions

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.
Plans are now in place to install CCS technologies at the VPI combined heat and power (CHP) plant

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.
Walmart has also pledged to protect, manage or restore at least 50 million acres of land and one million square miles of ocean by 2030

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.
The paper is the first step in an effort to ensure that corporate net-zero targets are aligned to climate science and efforts to deliver a net-zero world by no later than 2050

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.
Solutions could help the UK become a leading market for smart energy, mobility, connected homes and buildings and climate modelling scenarios

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.
More than 1,200 eSprinters will be provided, with an additional 600 eVitos – a smaller zero-emission electric van – also incorporated into the fleet

Mercedes-Benz targets zero-carbon emissions by 2040, provides 1,800 EVs to Amazon

Mercedes-Benz has joined Amazon's Climate Pledge, setting an aim to become a zero-carbon business by 2040, on the same day the company confirmed it would provide more than 1,800 electric vehicles (EVs) to the e-commerce giant's Delivery Service Partners.
The organisations involved want the report to provide data-led solutions that can inform business decisions on how to use NBS and how they can contribute to wider corporate strategies

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.
The masterclass is still available to watch on-demand

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.
The assessment report highlights both policy and technical risks to deploying “dispersed” CCS, notably a lack of viable transportation methods

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.
Currently, around 95% of global hydrogen production comes from fossil fuel feedstocks

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.

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.
Nando’s will also work with its suppliers to help them reduce their carbon impacts and will increase the amount of plant-based meals on its menu. Image Nando's press

Nando's commits to zero-carbon direct emissions, won't rely on offsetting

Nando's has unveiled a new commitment to achieve zero direct emissions and reduce the carbon footprint of its meals by almost 50% by 2030, with the company confirming that it will not rely on carbon offsetting to reach the new targets.
The Science Based Targets Initiative (SBTi) has verified the new targets

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.
The plan will be refreshed at the end of the year to account for impact caused by the coronavirus

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.
The net-zero target builds on a 26% reduction in carbon emissions and a 23% reduction in energy intensity recorded by M&G Real Estate since 2012

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.
Industry accounts for around 30% of global carbon emissions

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.

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's portfolio is currently valued at around £14.8bn

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.
The Council continued its leadership in the city’s carbon reduction efforts by launching a new strategy to reduce its own emissions by 55% by 2025

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.
The Airport claims it has been working since the recent Heathrow court ruling to examine how the expansion can be deliver in line with the Paris Agreement

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.
The businesses have committed to spurring the uptake of renewables and EVs while improving energy efficiency 

Businesses commit to renewables, electric vehicles and energy efficiency on World Environment Day

To mark World Environment Day (5 June), a host of major companies from across the globe have announced new commitments on climate action, by signing up to the Climate Group's leadership initiatives on renewables (RE100), electric vehicles (EV100) and smart energy use (EP100).
Beck's brewery, Bremen, Germany

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.
Just four of the 18 companies had set targets to reduce emissions across the value chain by 2050

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.
BITC is calling for more investment into removing carbon from the atmosphere to account for current unavoidable emissions

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.
Since 2010, UPS has offset more than 60 million parcels a year for customers

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).
McKinsey notes that allocating funding towards climate action will cut emissions, spur job growth and generate economic returns

'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.
Hosted across the Worthing and Shoreham-by-Sea areas, the VPP system will incorporate solar panels, batteries and electric vehicle (EV) infrastructure 

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.
The report estimates that lower prices, falling energy demand and increased cases of non-payments of bills will set energy revenues falling by more than $1trn in 2020

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.
Ofgem is due to make a decision on gas network investment in July.

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?
Conde Nast has also launched a new Sustainable Fashion Glossary, which will act as a new resource to help outline the fashion industry’s role in combatting the climate emergency

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.
The Barometer results and report are free to download

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).
Around 80% of the UK’s building stock for 2050 is already built

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.
Over the next 18 months, the working group will focus its efforts on identifying and exploring priorities for action to lay the foundations for net-zero 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.
Community-owned energy projects generated 168MW of electricity in 2018, of which 21 organisations operate within Northern Powergrid’s region

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.
The report explores an array of low-carbon innovations, including battery storage, vehicle-to-grid (V2G), CHP systems and integration of renewables

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.
Mitie has already switched to 100% renewable energy across its business

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.
The companies studied have all made recent commitments to combatting climate change, with some badging their new strategies as net-zero

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.
One key recommendation is the inclusion of “climate conditionalities” into stimulus packages that enable different-sized corporates to recovery through sustainable actions

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.
The project will now focus on bringing more parties into the LEM

Local energy trading market launched on Orkney islands

A trial focused on delivering real-time trading between renewable generation and local grid flexibility on the Orkney islands has been successful, with project lead Electron noting that more than 1,300 trades have been completed as part of a demonstration projected.
Coal is set to be hit particularly hard by the pandemic

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.
edie's masterclass provides a deep dive into developing decarbonisation plans.

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.
A Lifesaver power bank has a capacity of 5000mAh, which will charge most phone models on average size to two full charges.

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.
The Carbon Trust’s 2019 survey of 9,000 consumers across seven countries revealed similar support for carbon footprint labelling

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.
Power generation capacity may have to grow by 75% to account for additional demand

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).
Consumption-based emissions have only reduced by 15% since 1990

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.
The ENA has convened the UK’s leading gas operators such as Cadent, Northern Gas Networks, and National Grid to work on a project aiming to deliver the world’s first zero-carbon gas grid

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.
Khan's damning letter has been sent to the Secretaries for Housing and BEIS, as well as the London Minister and 10 Downing Street. Image: City Hall 

Government's plans for low-carbon homes are 'a step backwards' on climate, London Mayor warns

London Mayor Sadiq Khan has urged Ministers to improve plans for decarbonising the UK's built environment sector, claiming that the capital and other cities are already going further and faster in the face of the climate emergency.
According to the Climate Group, businesses signed up to its EP100 initiative have collectively shaved $55m (£45m) off their energy costs

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.
The Council has committed to installing an additional 182 electric vehicle charging points by the end of the year

Hackney Council powered by 100% renewable electricity

Hackney Council is now sourcing 100% of its electricity demand from renewables, with the council accelerating towards a goal to reach net-zero emissions by 2040.
Implementations of Green New Deals are faltering due to economic pressures, but the movement could be the just transition society needs

'Normal was a crisis': Why the Green New Deal is the perfect response for the post-Covid-19 economy

As the economy and society continue to suffer from the impacts of the coronavirus, experts are already exploring how to stimulate a financial recovery. All roads could lead to a Green New Deal, but the green economy will need a clear and concise voice to push policy towards it.
The announcement was made at Climate Week NYC

Business giants including Best Buy and Siemens join Amazon's climate pledge, target net-zero by 2040

Corporate giants Best Buy, Siemens, Schneider Electric and McKinstry, along with Spanish football club Real Betis, have joined Amazon's Climate Pledge and vowed to reach net-zero carbon by 2040.
Funding from the grant will also enable the farmers to conduct their own research into soil and water usage

Sustainable MacFries Fund: McDonald's to invest in climate-friendly farming practices

McDonald's has launched a "Sustainable MacFries Fund" in partnership with McCain to improve the resilience of British potato farmers, while also collaborating with the Walmart Foundation, WWF and Cargill in the US to improve land use practices.
While climate tech still only accounts for 6% of the venture capital market, it’s representation has grown by more than 3750% in absolute terms since 2013

Climate technology investments growing five times faster than average market rates

Venture capital investment into climate-related technology is growing five times faster than the average rate of all other industry investments, with new analysis from PwC finding that corporate and investor demands for low-carbon innovation led to $16bn being invested in 2019.
Some 22,000 students attend the University

University of Exeter launches sustainability behaviour change scheme in drive towards net-zero

The University of Exeter has launched sustainable behaviour change scheme Green Rewards for its staff and students, as part of its vision to become a net-zero organisation by 2040.
Pictured: The third ZEROe concept. Image: Airbus

Airbus unveils plans to debut zero-emission hydrogen planes by 2035

Aerospace manufacturing giant Airbus has revealed three futuristic concept designs for zero-emission aircraft with hydrogen as the primary power source, claiming that they could operate commercial flights by 2035.
After pledging to install EV chargers at 600 supermarket, Tesco has joined the EV100 and committed to electrifying its fleet of 5,500 vehicles by 2030

Tesco and Dixons Carphone join business calls for 2030 petrol and diesel car ban

Retailers Tesco and Dixons Carphone and energy majors SSE and E.ON have joined a coalition of 27 corporates calling on Boris Johnson to move the UK's ban on new petrol and diesel car sales forward to 2030.
China accounts for 28% of the world's emissions and almost 10% of global GDP

China's carbon-neutral target for 2060: What does it mean for global climate action?

The world's largest emitting country, China, has pledged to carbon neutrality by 2060, in a surprising yet welcome move that will boost global negotiations on climate action ahead of next year's COP26 summit.
Morgan Stanley will still have to develop a strategy for meeting its net-zero commitment

Morgan Stanley commits to net-zero financed emissions by 2050

Global banking firm Morgan Stanley has unveiled a new commitment to reach net-zero financed emissions by 2050, while new research reveals that while almost half of the FTSE 100 companies have net-zero commitments in place, they don't yet have detailed strategies to reach these goals.
The global cement industry is estimated to account for 6-7% of man-made greenhouse gas (GHG) emissions annually

World's largest cement manufacturer commits to science-based targets and net-zero pathway

The world's largest cement manufacturer, LafargeHolcim, has committed to becoming the first global building materials company to have targets approved by the Science Based Targets initiative (SBTi).
A recording of the masterclass will be available watch on-demand for those who have registered

Two weeks left to register: edie's next masterclass on energy data and the road to net-zero

edie's next masterclass will take place on Tuesday 6 October and will explore how businesses can improve energy data monitoring and measurement and how this can assist with the wider net-zero transition.
The five days of events will be held digitally for the first time in Climate Week NYC's history

Climate Week NYC: What happened on day one?

With COP26 postponed and many other large climate events postponed, rescheduled or moved online, all eyes are on Climate Week NYC. Here, edie rounds up the key announcements from the first day.
Carbon Price Support in the UK is currently £18 per tonne 

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.
The 2019/20 season of the ABB FIA Formula E Championship is currently on hold due to Covid-19, with new dates and locations set to be confirmed in the coming months

Formula E becomes world's first net-zero certified sport series

Formula E's ABB FIA Championship has become the world's first sporting series to be certified as net-zero, after offsetting all residual emissions from its six seasons of racing.
For many businesses, supply chain emissions are far greater than those attributable to operations 

Ikea, Unilever and BT spearhead net-zero supply chain initiative

Ikea, Unilever, BT, Ericsson and Telia are among the founding corporate members of a new initiative designed to help multinational supply chains align with the Paris Agreement's 1.5C trajectory.
This weekly round-up explores how businesses across the world are ramping up efforts across all areas of sustainable development

Manchester's B-Corp hub and California's bee-friendly solar farm: 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.
The edie Podcast is now streaming on Soundcloud, Spotify and iTunes

Sustainable Business Covered podcast: Talking net-zero for World Green Building Week 2020

Episode 91 of the Sustainable Business Covered podcast delivers three exclusive interviews with experts across the built environment sector to mark World Green Building Week 2020. With buildings accounting for around 40% of global energy consumption and 33% of emissions, this sector is a key focus in the transition to net-zero.
The targets have now been approved by the SBTi as consistent with levels required to meet the climate goals of the Paris Agreement

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.
Amazon will look to engage other Climate Pledge signatories in the investment programme moving forward

Carbon capture and EVs: Amazon unveils first beneficiaries of $2bn climate fund

Amazon has announced the first beneficiaries of its $2bn Climate Pledge Fund, with organisations developing carbon removal technologies, nature-based carbon markets and electric vehicle (EV) innovations set to benefit.
A more in-depth analysis of Nespresso's carbon footprint will also be conducted by teams in the UK & Ireland

Nespresso targets carbon neutrality by 2022

Nespresso has outlined plans to reduce supply chain emissions, invest in insetting at coffee farms and purchase carbon offsets to reach carbon neutrality by 2022.
Heat pumps, district heat networks and off-grid properties will be key focuses of the review

Green Finance Institute assembles businesses for zero-carbon heat taskforce

The Green Finance Institute has convened representatives of dozens of businesses alongside experts from local authorities, policy and science for a new taskforce tasked with decarbonising heating systems in the UK.
Arup’s net-zero target arrives alongside UK engineering manufacturer Spirax-Sarco’s own net-zero ambition

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.
European Commission President Ursula von der Leyen confirmed on 16 September that the EU would back the proposed 55% reduction

Carbon prices to climb 50% over next decade following raised EU climate targets

Carbon prices across the European Union (EU) could increase by more than 50% over the next decade, with the bloc's proposed 55% reduction in emissions set to shape renewables and fossil fuel markets in the long-run, according to new analysis from the Refinitiv Carbon Research team.
BT has a net-zero emissions goal set for 2045

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".
The report recommends that all additional electricity generation capacity built from 2021 should be zero-carbon

Just 0.5% of global GDP needed to reach net-zero by 2050, report finds

By scaling up energy efficiency efforts and deploying renewable energy generation capacity far more rapidly, the world could "technically and economically" transition to net-zero by 2050 for the cost of less than 1% of global GDP annually through to mid-century.
ITV reaches more than 40 million viewers in the UK every week

ITV commits to net-zero emissions by 2030

ITV has built on a recent science-based targets announcement by committing to reaching net-zero emissions across the business by 2030.
The majority of PwC's emissions footprint is attributable to travel

PwC targets net-zero operations and supply chain by 2030

PwC has unveiled plans to become a net-zero company by 2030, reducing and offsetting emissions from operations, travel and the supply chain.
Get the recognition you and your organisation deserves by entering the Sustainability Leaders Awards

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.
Google's parent firm Alphabet recently launched a multi-billion-dollar round of sustainability bonds

Google offsets lifetime carbon emissions

Google has "eliminated" its entire carbon legacy, offsetting all operational emissions generated before it achieved carbon neutrality in 2007.
Several of oneworld's member airlines already had standalone net-zero commitments, including British Airways' parent firm IAG

13 major airlines commit to joint 2050 net-zero vision

British Airways, Qantas and American Airlines are among the 13 major airlines to have signed a new joint commitment to reaching net-zero emissions by 2050.
The call to action comes as the EU is set to negotiate on the 2030 target, with the European Parliament's environment committee voting for a new EU-wide target of a 60% reduction by 2030

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.
Differentiating from sustainable to transitional finance could impact society across the globe

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.
There is more than 10GW of large-scale solar being planned in the next few years

Renewable and technology associations team up to drive corporate demand for clean energy

UK trade associations, techUK, the Solar Trade Association (STA) and RenewableUK are forming a new partnership to encourage companies to purchase more renewable energy in a bid to spur the net-zero transition.
The guide is free to download

edie launches new business guide on energy data optimisation

edie has today (9 September) published a new report outlining all the key considerations, challenges and benefits to investing in energy data optimisation to assist with low-carbon strategies.
Signify will aim to double the revenue it earns from its “circular” products and services, now targeting 32% of all sales by 2025

Signify reaches carbon neutrality globally, revamps corporate goals for 2025

Global lighting firm Signify has revealed it has reached its ambition to be carbon neutral across its operations and is now pledging to "go beyond" that original target.
The whitepaper notes that the UK’s future energy system will have to be supported by technologies still in their infancy - carbon capture and storage (CCS), energy storage and hydrogen production

UK slipping behind on build rate required for net-zero target

The UK is achieving less than half of the required build rate to deliver energy systems that will reach net-zero emissions by 2050, according to a new whitepaper from engineering consultancy Atkins.
Sky recently unveiled a new commitment to achieve net-zero carbon emissions by 2030 

Football broadcast on Sky Sports to be certified to highest sustainability standards

Sky Sports has confirmed that all Premier League and English Football League matches broadcast across its sports channels will be certified to sustainable production levels.
AdGreen will develop a strategic partnership with the BAFTA’s Albert initiative

Advertising sector launches new initiative to eliminate negative environmental impacts

A new initiative launched to eliminate the advertising industry's negative impact on the environment, which has been backed by the likes of Sky and Unilever.
The company has also set up new strategic partnerships with carmakers Renault and Nissan to give drivers access to electric vehicles (EVs) in Europe

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.
Using 33% of revenues for energy efficiency can ensure fuel-poor households are not adversely affected by carbon taxation

Carbon tax rises 'could fund energy efficiency drive'

The government could siphon off a large chunk of the revenues from increased carbon prices to improve the energy efficiency of fuel poor households, according to a new report from the London School of Economics' Grantham Institute.
Globally, the built environment accounts for around 40% of emissions

Built environment: Avison Young and St. Modwen set net-zero carbon targets

Real estate advisor Avison Young and housebuilder St. Modwen have become the latest companies in the built environment sector to pledge to achieve net-zero carbon emissions.
The webinar is now available to watch on-demand

5 top tips for tackling your organisation's Scope 3 emissions on the road to net-zero

Most organisations will find that a majority of their total emissions footprint sits within the Scope 3 (indirect) category, making this area a key focus for the transition to net-zero. But how challenges measuring, reporting on and reducing emissions across the value chain be overcome?
Scottish Parliament, Edinburgh

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.
Offsetting schemes often involve conserving, restoring or creating habitats like woodland, which sequester carbon

Mark Carney assembles business giants in drive to scale carbon offsetting markets

Representatives from Unilever, Nestle, BP and Shell are among the members of a new private-sector taskforce aiming to scale up voluntary carbon credit markets, spearheaded by former Bank of England Governor Mark Carney.