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.
Shipping industry backs $5bn decarbonisation moonshot
The global shipping industry has given "full and unequivocal" support to a "moonshot" submitted by various national governments that would create a $5bn fund to reduce the carbon impact of the sector.
Viridor targets net-negative emissions by 2045 through carbon capture technology
Waste management firm Viridor has committed to becoming a net-zero emissions business by 2040 and to then move further by reaching net-negative emissions five years later.
US firm Parker aims for carbon-neutral operations by 2040
US motions and controls firm Parker has unveiled plans to reach carbon neutrality across its operations by 2040, with fresh new carbon reduction targets set to be submitted to the Science Based Targets initiative (SBTi).
Lloyd's outlines plans to increase green investments but stops short of full Paris Agreement alignment
Insurance and investment giant Lloyd's of London has published a new climate action roadmap, detailing plans to increase support for low-carbon transport, energy and industrial technologies.
SGN and Vital Energi launch joint venture for zero-carbon heat networks
Gas distribution company SGN and UK renewable energy solutions provider Vital Energi have agreed on a new 50:50 joint venture to create an energy services company (ESCO) that will own and operate low and zero-carbon heat networks.
Mercedes-Benz to go all-electric for vehicles by 2030
Mercedes-Benz has announced plans to move its entire product portfolio to electric vehicles (EVs) by 2030, to be supported by a £34bn investment and plans to run eight gigafactories for battery production.
How the world can reach net-zero emissions by 2050, according to BloombergNEF
BloombergNEF has published its latest New Energy Outlook report, examining three progress pathways to reach net-zero globally by 2050. Here, edie summaries what will need to change to deliver this low-carbon trajectory.
Highways England seeks road to net-zero by 2050
Highways England has unveiled plans to reach net-zero across its operations by 2030 as part of a step to deliver net-zero travel across English roads by 2050.
At a glance: Everything you need to know about the UK’s Transport Decarbonisation Plan
The UK Government has unveiled its domestic plan designed to align the transport sector with the national net-zero target. Here, edie pulls out what this means for all modes of transport moving forward.
East Coast Cluster: Teesside and Humber gear up to host CCS technologies
Energy giants and businesses operating in Teesside and Humberside look set to collaborate on the deployment of carbon capture usage and storage (CCUS) technology in a bid to create net-zero industrial clusters.
UK's carbon capture and storage market could create 50,000 jobs
The UK could become an early mover in the global carbon capture utilisation and storage (CCUS) market and create up to 50,000 jobs if new enabling policies are introduced.
KFC and Pilgrim's target net-zero by 2040
KFC UK & Ireland has announced a new commitment to reach net-zero ten years ahead of the legal deadline of 2050, in the same week that meat giant Pilgrim's announced a global net-zero target, also for 2040.
UK's clean energy pipeline on course to unlock 625,000 green jobs
The UK's focus on decarbonisation and clean energy looks set to unlock 625,000 jobs, equivalent to 90% of jobs lost to the coronavirus pandemic, according to new research.
Vauxhall's Cheshire site to produce new electric vans as EV sales skyrocket in the UK
Vauxhall's Ellesmere Port plant in Cheshire has been earmarked to produce new electric vans, while a group of automakers gears up to collaborate on charging points for heavy-duty vehicles.
Rolls-Royce and Shell agree on new partnership on sustainable aviation fuels
Rolls-Royce and Shell have signed a memorandum of understanding (MoU) to help build towards their respective net-zero targets by developing and scaling Sustainable Aviation Fuels (SAFs) for the sector.
Western Power Distribution targets net-zero emissions by 2028
Western Power Distribution (WPD) has outlined plans to reach net-zero emissions for its operations by 2028, as part of a new environment strategy that aims to convert its commercial fleet to low-carbon vehicles in the same timeframe.
CLOSING TODAY: Take edie's net-zero carbon business survey (10 minutes)
Energy, carbon and sustainability professionals across all industries are being asked to take our 10-minute "Business Barometer" survey which tracks the decarbonisation progress of businesses across the country. This survey closes TODAY (Friday 18 June), so don't miss your chance to participate.
G7: What was (and wasn't) agreed by world leaders to combat the climate crisis
From "green Marshall Plans" and net-zero energy sectors to a lack of clarity on green spending and transport decarbonisation, edie rounds up what was and wasn't agreed at the G7 Summit.
Etsy commits to net-zero emissions by 2030
Online retailer Etsy has pledged to "deepening its commitment to a sustainable future" by setting science-based targets and pledging to reach net-zero emissions by 2030.
Mission Possible: Achieving a green recovery for the public sector
edie's Mission Possible campaign has evolved to focus on the green recovery, with a new series of reports outlining the challenges that businesses in key sectors face in relation to the coronavirus pandemic, and the opportunities that the green recovery will bring. Up next, the public sector.
Net-zero and COP26: Achieving Mission Possible
Six months out from the COP26 summit, edie hosted an exclusive virtual roundtable discussion with a select group of sustainability leaders, exploring how businesses can accelerate the net-zero carbon transition in the run-up to the crucial climate talks.
Climate change at the G7 Summit: Everything you need to know
World leaders are meeting in Cornwall this week (11-13 June) as part of the G7 Summit. The climate crisis is a key theme for policymakers going into the event, but how much prominence will it have as the world's largest economies attempt to respond to the ongoing coronavirus pandemic?
ABP and National Trust sign up to net-zero investment initiative
Europe's largest pension fund, the Church of Sweden and the National Trust are among six new signatories to a global net-zero asset owner commitment to decarbonise financial portfolios in line with the ambitions of the Paris Agreement.
The Net-Zero Carbon Playbook
We know the net-zero carbon future we want to achieve. But how are we going to achieve it? Inspired by edie’s award-winning Mission Possible campaign, this Net-Zero Carbon Playbook inspires and empowers businesses to ramp up efforts across all areas of sustainable development to achieve net-zero.
Shareholders pass vote for HSBC to phase-out global coal financing by 2040
Shareholders of HSBC have today passed a proposed management resolution that commits the bank to phase-out financing for the coal industry by 2040 worldwide, following successful campaigning from investors.
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.
Dutch court orders Shell to strengthen carbon reduction targets
A Dutch court has ordered a groundbreaking ruling for Royal Dutch Shell to raise its commitments to carbon reduction, in what could mark the first of many legal cases against energy firms on climate grounds.
ExxonMobil, LafargeHolcim and Elon Musk: The corporate giants placing their faith in CCS
Over the last couple of days, the world's largest cement manufacturer, one of the world's largest fossil fuel firms and the founder of the biggest electric vehicle (EV) manufacturer have all unveiled strategic efforts to commercialise carbon capture and storage projects.
UK’s largest community-owned solar park to come online next year
The Ray Valley Solar project in Oxford is expected to come online next autumn, after Triodos Bank confirmed lending for what is expected to be the UK’s largest community-owned solar park.
Google and Microsoft among businesses backing 24/7 clean energy tracking
More than 100 global companies, including PwC, Microsoft and Google, are taking part in a new worldwide initiative aimed at verifying clean energy sourcing on an hourly basis.
Nuclear industry warns that planned closures could derail global net-zero transition
Key groups representing the global nuclear industry have penned an open letter to world leaders warning that the proposed retirement of existing nuclear plants could derail the net-zero transition, calling for the technology to have the same access to climate finance as renewables.
BP shareholders reject tougher climate targets
More than one-fifth of BP shareholders supported a resolution from climate activists calling on the energy giant to set tougher emission reduction targets for its net-zero transition, but ultimately the filing was rejected.
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).
Food services firm Compass targets net-zero emissions by 2030
The UK's largest food services company, Compass Group UK & Ireland, will switch to 100% electric vehicles (EVs), move 40% of its food offerings to plant-based proteins and will launch a £1m carbon reduction fund in a bid to reach net-zero emissions by 2030.
Tesco links supplier financial support to environmental goals
Tesco is offering preferential financing rates for suppliers that address their environmental impacts, under a new voluntary programme supported by Anthesis, KPMG and Santander.
COP26 President launches challenge to deliver net-zero 'tipping points' in every sector
The UN High-Level Climate Champions and COP26 President Alok Sharma have today (28 January) unveiled a radical new roadmap to push the global economy towards net-zero emissions, targeting a range of near-term, sectoral tipping points to deliver decarbonisation.
Mastercard commits to net-zero carbon by 2050
Mastercard has pledged to reach net-zero emissions by 2050, aiming to expand the use of onsite solar technology while also decarbonising its supply chain.
BlackRock launches temperature-aligned investments funds
The world's largest investor BlackRock has unveiled two new temperature-based exchange funds aimed at helping investors align portfolios with the pathways of the Paris Agreement.
Sixth Carbon Budget: UK to reduce emissions by 78% by 2035
Prime Minister Boris Johnson has agreed to legislate a new target to reduce national emissions by 78% by 2035, including emissions from international shipping and aviation, following the Climate Change Committee's advice on the Sixth Carbon Budget.
Major gas grid companies team up to outline hydrogen deployment plans
Britain's five major gas grid companies have launched a major collaborative plan to create the UK's first hydrogen town by 2030 as well as creating a network of hydrogen refuelling stations for transport and helping to decarbonise industrial clusters.
'A credible path to net-zero': Green groups react to UK's Sixth Carbon Budget
The Government will seek to reduce emissions by 78% by 2035 as part of a new Sixth Carbon Budget, a decision that has been welcomed by green groups, although some are calling for more detailed action plans.
Heineken targets carbon-neutral value chain by 2040
Global brewer Heineken has unveiled a new corporate strategy to become carbon-neutral across its operations by 2030 and then across its entire value chain by 2040.
Bank of America commits $1trn to global sustainability initiatives
The Bank of America has increased an existing $300bn sustainable business initiatives fund to attempt to mobilise $1trn by 2030 for initiatives that will support the net-zero transition.
Meet edie's 30 Under 30 Class of 2020: Charlotte Pumford, Vivobarefoot
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: Charlotte Pumford, Vivobarefoot's sustainability manager.
Danone-owned dairy giant unveils lifetime carbon emissions for its products
Horizon Organic, the largest USDA certified organic dairy brand in the world, has publicly disclosed the summary of life cycle assessments (LCA) for its whole milk half gallons, in a bid to outline areas of improvement as it strives to become "carbon positive" by 2025.
'Outrageous hypocrisy': Government condemned over £16bn oil and gas sector 'bailout'
Green groups have expressed their anger at the Government's new £16bn sector deal that pledges to align the oil and gas sector with the national net-zero target, while also ending financing for overseas fossil fuel projects, with many frustrated by a refusal to end oil and gas licensing.
Government commits £560m to decarbonise housing
The Government has issued £500m from the Green Homes Grant and £62m from a Social Housing Decarbonisation Fund to improve the energy efficiency of 50,000 UK households.
Unite Students set net-zero carbon goal for 2030
Real estate investment company Unite Students, which provides students with accommodation across the UK, has set a new sustainability commitment to reach net-zero carbon across its operations and construction by 2030.
'Asleep at the wheel': European carmakers risking fines over vehicle emissions
Europe's five largest carmakers are at risk of being "displaced by competitors" by failing to align phase-outs of traditional petrol and diesel vehicles with accelerating regulation emerging on the continent.
'Another vital step to net-zero': Green economy reacts to the Industrial Decarbonisation Strategy
The UK Government has unveiled a new Industrial Decarbonisation Strategy that will spur rapid decarbonisation across industry, the public sector, construction and manufacturing. But do green groups believe the strategy will put the nation on course for net-zero by 2050?
Government unveils new Industrial Strategy to spur decarbonisation and create green jobs
The UK Government has today (17 March) revamped the Industrial Strategy to align manufacturing and construction efforts to the national net-zero target, with more than £1bn to funnelled into industry, schools and hospitals.
IRENA: Existing solutions can spur progress to net-zero
Global power sourced from renewables is set to treble by 2050, with wind, solar and hydrogen all required to account for 90% of all decarbonisation solutions to push the global economy towards the 1.5C pathway, a new report from the International Renewable Energy Agency (IRENA) has found.
Retrofit revolution can cut emissions and deliver £7.5bn energy savings for UK
Retrofitting the UK's building stock with low-carbon solutions could reduce national energy costs by £7.5bn a year, create more than 150,000 jobs over a 10-year period and cut carbon emissions by 20%, MPs have been told.
What does sustainable business leadership look like in 2021? edie publishes results of flagship survey
edie has today published a comprehensive report breaking down exactly what 'business leadership' looks like as the UK strives to build back from the coronavirus pandemic through a green recovery focused on low-carbon ambitions and a just transition.
New report: What role can the public sector play in delivering a green recovery?
edie has this week published the latest 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. This time, the focus is on the public sector.
Morgan Sindall targets net-zero emissions by 2030
The Morgan Sindall Group is the latest construction company to commit to reaching net-zero emissions, aiming to reach that milestone by 2030 at the latest.
Global heavy industry failing to align with Paris climate goals
Only 14% of publicly listed companies in the steel, cement, aluminum, paper and mining sector are on track to meet the Paris Agreement's 2°C climate target, according to a report by the Transition Pathway Initiative (TPI), a global investor group supported by the UN. Still, some European companies offer hope, EURACTIV Germany reports.
Carlsberg closes in on carbon reduction goals
Brewing giant Carlsberg's latest sustainability report has revealed that the company has reduced carbon emissions by 39% since 2015, as it closes in on a goal to halve brewery emissions by 50% by 2022.
Avantium targets net-zero operations and shoots for fossil-free chemicals sector
Chemicals firm Avantium has vowed to become a net-zero and fully circular business by 2030, as part of a new sustainability strategy aiming to make the entire sector fossil-fuel-free by 2050.
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.
Kingspan Group and Royal DSM get seal of approval for science-based climate commitments
Building materials manufacturer Kingspan has pledged to cut operational emissions by 90% this decade, while Royal DSM has pledged a 50% cut within the same timeframe, under newly-approved science-based climate targets.
UK's largest pub company and WSH join Zero Carbon Forum
The UK's largest pub company Stonegate Group and hospitality giant Westbury Street Holdings (WSH) have joined the Zero Carbon Forum initiative, which is developing a roadmap to net-zero for the industry.
Finance giants 'drawing up plans to accelerate coal plant closures in Asia'
Financial firms including Prudential, BlackRock Real Assets, HSBC and Citi have reportedly signaled their support for a new proposal from the Asian Development Bank, designed to accelerate the transition away from coal-fired electricity.
Nations and businesses 'hiding behind net-zero smokescreen', Oxfam warns
Governments and corporates are relying too much on 'unproven and unrealistic' carbon removal and offsetting schemes in order to reach net-zero targets, with a new report from Oxfam warning that a land area five times the size of India would be required to create new forests for these measures.
UK smashes annual grid flexibility record seven months into 2021
New statistics have revealed that 2021 has already broken a "network flexibility" record, with contracted smart energy solutions and grid flexibility up 45% compared to annual levels from 2020.
Orkney's tidal turbine and Ferrero's paper packaging: 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.
ArcelorMittal eyes $10bn investment to reduce emissions by 2030
Steel manufacturing giant ArcelorMittal has announced plans to reduce carbon emissions by 25% by 2030 as part of a wider net-zero ambition for 2050, with the new target set to be back by a $10bn investment into low-carbon and circular solutions.
UK's largest fleet operators to switch to electric vehicles by 2030
Some of the UK's largest commercial fleet operators, including Royal Mail, BT and Tesco, have committed to converting their fleets to British-built electric vehicles (EVs) by 2030 at the latest, if the Government can overcome barriers related to grids and charging infrastructure.
Glenfiddich to power delivery trucks with onsite biogas fuelling stations
Scotch whisky brand Glenfiddich has introduced fuelling stations at a distillery in Scotland to enable parts of its fleet to run on biogas made from the residues of its own distilling process.
'Postcode lottery' of charging access and costs undermining UK's EV revolution plans, MPs warn
The UK's 2030 ban on new petrol and diesel car sales is not yet being supported by adequate plans for improving access to electric vehicle (EV) charging or for improving electricity networks, MPs are warning.
UK Government exploring feasibility of 'electric highways' for zero-emission trucks
The Department for Transport (DfT) has awarded a share of £20m to a consortium of businesses that will explore how long-range trucks can be electrified using overhead wires on motorways across the country, to assist with the UK's net-zero emissions target.
Sky powered by 100% renewables globally
Broadcaster Sky is now powered by 100% renewable electricity across its entire operations, meeting a commitment to the RE100 initiative and building towards its net-zero target for 2030.
In numbers: How prepared are UK businesses for the net-zero transition?
The UK Government's 2050 net-zero target is legally binding, meaning that businesses of all sizes and sectors must accelerate decarbonisation efforts. But two new major surveys have highlighted major challenges for the private sector. Here, edie rounds up the key findings.
Dairy giants and UN to jointly plot global course to net-zero by 2050
A swathe of businesses, research hubs and other organisations within the livestock and dairy sectors are supporting a new UN-backed initiative plotting a course to net-zero emissions.
Dixons Carphone and Dassault Systèmes unveil new science-based climate targets
Technology retailer Dixons Carphone and software giant Dassault Systèmes have had updated climate targets approved in line with the Paris Agreement's 1.5C trajectory by the Science Based Targets Initiative (SBTi).
Climate impact of UK's £27.4bn roads plan 'not a matter for the courts', judge rules
The High Court has ruled that the Government did not need to assess the climate impact of its second Road Investment Strategy (RIS2), after green campaigners argued that the £27.4bn package is not aligned with the 2050 net-zero commitment.
New environmental roadmap developed for homebuilders
UK homebuilders have backed a new Government-led plan to ensure that new builds are zero-carbon ready by 2025 as well as improving biodiversity and reducing waste.
Scottish Widows 'reboots' £250m environment fund to screen against fossil fuels
Scottish Widows has launched a 'rebooted' Environmental Fund that will give six million customers the chance to invest in "great green" British businesses, while screening against exposure to fossil fuels.
UK Government mulls sustainable aviation fuel mandate as £15m pledged for waste-to-jet-fuel plants
After the publication of the Transport Decarbonisation Plan earlier this month, the UK Government has begun consulting on introducing sustainability requirements for jet fuel producers from 2025.
Cranswick to halve emissions by 2030 under new 1.5C science-based targets
Cranswick has achieved verification from the Science Based Targets Initiative (SBTi) for new climate targets that will require the firm to halve emissions by the end of the decade.
Vodafone trials 'UK's first' smart electricity substation on road to net-zero
Telecommunications giant Vodafone has partnered with UK Power Networks to trial 'smart' methods of delivering energy flexibility at electricity substations, designed to improve efficiency and cut emissions.
EU's green hydrogen plans hailed as 'true game-changer' by industry
The European Commission boosted regulatory support for green hydrogen in its proposed overhaul of climate legislation published last week, with the renewable hydrogen coalition calling it "a true game changer" for the nascent EU industry.
Waitrose teams with Shell to install EV charge points across UK stores
Waitrose has announced it is working with Shell to install 800 electric vehicle (EV) charging points in up to 100 stores across the UK by 2025.
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.
Electric vehicles and heat pumps set for exponential growth on road to net-zero
More than 4.5 million electric vehicles (EVs) could be on UK roads, almost 250,000 households could feature solar technology and between 450,000 to more than one million domestic electric heat pumps could be installed by 2030 in order to reach net-zero, new research has found.
Construction Leadership Council plots path to net-zero
The Construction Leadership Council (CLC), which is co-chaired by Minister for Business and Industry, Department for Business, Energy, and Industrial Strategy (BEIS) Anne-Marie Trevelyan, has outlined plans to help the sector reach net-zero emissions as part of the wider national target.
100MW battery 'energy superhub' set for the West Midlands
Two new grid-scale battery energy storage projects are set to be installed in Coventry and Sandwell, with a combined capacity of 100MW.
Shell to appeal court ruling compelling it to set more ambitious climate targets
Royal Dutch Shell has confirmed plans to appeal a court ruling ordering the energy major to set stronger targets to reduce greenhouse gas emissions.
National Grid could lose electricity system operator role under new BEIS and Ofgem plans
The UK Government and energy regulator Ofgem have outlined their initial views on replacing National Grid with a new independent system operator for electricity and gas, as part of a string of policy updates designed to accelerate the low-carbon transition.
Net-zero pubs and bars scheme to help UK sector accelerate climate action amid Covid-19 recovery
A new industry protocol and certification standard has been launched to help the UK's bars and pubs reach net-zero before the national legal deadline of 2050.
'A game-changing opportunity to fight climate change': WEF pushes businesses on supply chain decarbonisation
The World Economic Forum (WEF) is urging businesses to do more to tackle their supply chain emissions, which often represent the bulk of their total climate footprint, and has published new advice on how to do so.
Now available on demand: edie's free webinar exploring onsite net-zero technologies
edie's latest webinar is now available to watch on-demand. Tune in to hear experts providing best-practice advice on investing in and integrating net-zero technologies to help assist with decarbonisation targets.
Prysmian Group eyes net-zero emissions between 2035 and 2040
The world's largest supplier of cables to the energy and telecoms sectors, Prysmian Group, has pledged to reach net-zero for its global operations between 2035 and 2040, and a net-zero global value chain by 2050.
El Salvador's first wind farm and seagrass-restoring gin: 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.
'Serious weaknesses' in UK Government's plans for engaging local councils on net-zero, report warns
Local councils are finding it hard to engage with the UK Government on issues relating to the net-zero transition, including target-setting and securing funding, the National Audit Office (NAO) has revealed.
Royal Mail to switch all company cars to EVs by 2030
Royal Mail has announced that all of its company cars will be electric vehicles (EVs) by 2030, with salary sacrifice schemes and mileage reimbursement packages set to be adjusted to only account for low-carbon forms of transport.
Net-zero investment portfolios promised by 14 major UK pension funds
The chairs of corporate pension funds including Tesco, Unilever, BT and Pennon are among the signatories of a new commitment to halve portfolio emissions by 2030 and bring them to net-zero by 2050.
Water sector unveils £2.7bn green recovery framework
The water sector has unveiled a new green recovery framework that will funnel £2.7bn into initiatives that reduce flood risk, improve water quality and cut emissions on the road to net-zero.
SBTi to increase minimum target-setting requirements to 1.5C
The Science Based Targets initiative (SBTi) is updating its strategic approach to increase the minimum ambition for corporate climate action from "well below 2C" to 1.5C above pre-industrial levels, as envisioned by the Paris Agreement.