Circular economy

DEFINITION: An industrial economy that promotes resource efficiency by replacing a linear ‘take, make, dispose’ model of production with one where materials function at their highest utility at all time. The circular economy model aims to extract maximum value from resources while in use, and then recover and reuse these materials at the end of each service life.

See also: Sharing economy

See also: Servitisation

See also: Access economy

See also: Circular Economy Package

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The company spent 18 months evaluating more than 60 formulas to find a solution with a low environmental impact

Garnier launches shampoo bars with reduced environmental impact

L'Oreal brand Garnier is launching a new range of shampoo bars, packaged in 100% recyclable materials, that offer a 25% reduction in environmental impact compared to liquid shampoos.

edie's content editor Matt Mace and compere Julia Bradbury (right) present Toast Ale's COO Louisa Ziane with her award

What makes a sustainability leader? Meet award-winning brewer Toast Ale

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 SME of the Year, Toast Ale.

Pictured: Ikea's Greenwich store

Ikea unveils national buy-back scheme for used furniture in drive to become 'fully circular'

Ikea will start buying back customers' used furniture at stores across the UK and Ireland next month, in an effort to discourage "excessive consumption" and become a "fully circular" business by 2030.

The guide has been developed in partnership with ERP UK

edie launches new explains guide to creating a circular economy for electronics

Organisations looking to understand the benefits and opportunities of reusing and recycling used electronics can now access a free 'edie Explains' guide breaking down everything they need to know about preventing e-waste.

L’Oreal confirmed that it will source 100% of the plastics used in its packaging from recycling or bio-based sources by 2030

L'Oréal launches bottles made from 100% recycled plastic and rolls out Maybelline recycling scheme

L'Oreal has confirmed that bottles of Paris Elvive will be made from 100% recycled plastic, on the same day that its Maybelline brand launched a UK recycling programme in partnership with TerraCycle.

Timberland last year committed to plant 50 million trees within a five-year period

Timberland targets net-positive nature impact by 2030

Fashion giant Timberland has pledged to ensure that it has a net-positive impact on nature within a decade - a vision underpinned by commitments to regenerative agriculture and the circular economy.

Lego sells products in some 130 countries

Lego becomes Ellen MacArthur Foundation member in bid to spur circular economy progress

Toymaker the Lego Group has joined the Ellen MacArthur Foundation for a three-year period, as part of its efforts to increase product reuse and recycling.

The webinar is free to watch

How can businesses accelerate circular economy progress beyond Covid-19?

Earth Overshoot Day - the date at which humanity has used all available natural resources for the year - came almost a month later in 2020, largely as a result of Covid-19. But how can companies innovate and actuate to deliver lasting, holistic reductions in their environmental impact going forward?

The webinar will feature a live Q&A segment and will be available to watch on-demand after it is aired

Available on demand: edie’s Earth Overshoot Day webinar

edie’s webinar exploring the circular economy to mark Earth Overshoot Day 2020 is now available to watch on-demand, featuring expert speakers from the Ellen Macarthur Foundation, DS Smith and Toast Ale.

Sofas, desks, coffee tables and office chairs are among the products available to rent. Image: JLP

John Lewis kick-starts furniture leasing trials as Ganni unveils rental-only collection

Department store John Lewis has launched a new furniture rental service, in the same week that luxury fashion brand Ganni debuted a new denim collection that is available to rent but not to purchase.

#SustyTalk: Farfetch's Tom Berry on spurring circular economy models for fashion

edie's #SustyTalk interview series continues with Farfetch's global director of sustainable business Tom Berry, who discusses circular economy engagement and innovation in the fashion sector.

The secondhand luxury fashion market is currently worth $24bn and is growing more rapidly than the primary luxury fashion market

Fashion footprint: Farfetch's new tool to highlight the environmental impact of clothing

Luxury fashion platform Farfetch has launched a new tool helping online customers to choose products with lower environmental impacts, including secondhand goods and those made using innovative renewable materials.

The partnership will build on Ikea’s efforts to embrace the circular economy to date.

Ikea launches circular economy strategic partnership with Ellen MacArthur Foundation

Ikea is building on a commitment to becoming a fully circular business by 2030 by announcing a new strategic partnership with the Ellen MacArthur Foundation that will focus on advocating for closed-loop home furnishing designs and methods to promote circular offers to customers.

Pictured: Ikea's veggie hot dog

Half of Ikea meals to be plant-based by 2025

Retail giant Ikea has pledged to ensure that 50% of the main meals offered in its restaurants, and 80% of the pre-packaged foods it sells, are plant-based by 2025.

While many circular economy programmes are in their infancy, customers seem to be responding well, warming to the idea of more sustainable, circular products

The Great Reinvention: Cracking the code for circular economy business model innovation

After participating in edie's 'Business Model Innovation' open roundtable at Net-Zero Live earlier this month, sustainable business expert and commentator Mike Townsend explores four key shifts in search of the 'holy grail' - how we can transition to circular business models that are sustainable and profitable, yet also attractive for customers and suppliers.

Growth will be delivered by a rollout of the Vegetarian Butcher, which Unilever acquired in 2018. In addition, more vegan options for brands such as Hellmann’s, Magnum and Wall’s will be introduced

Unilever to halve food waste, sets €1bn sales target for plant-based food alternatives

Consumer goods giant Unilever has unveiled a new "future foods" strategy that will see the company commit to halving food waste, improving nutritional standards and set a €1bn sales target for plant-based meat and dairy alternatives.

#SustyTalk: Counting down to COP26 with Chapter Zero, the Green Alliance and Fundación Avin

for Net-Zero November, edie hosts a special #SustyTalk video panel discussion on preparations for COP26 with the Green Alliance's Shaun Spiers, Chapter Zero's Susan Hooper and Fundación Avin and the UNFCCC's advisory panel's Ramiro Fernandez.

While a gigafactory would improve competitiveness for the UK's EV market, it needs to look at circularity in the long term

How would a Gigafactory contribute to the UK's green recovery?

Reports have emerged that the UK is set to unveil funds for a national battery production centre in the UK, but efforts may still be required to ensure that battery production is aligned to the circular economy.

The Green Alliance argues that a net-zero aligned approach to infrastructure would help the nation deliver an economic recovery from the coronavirus pandemic

Infrastructure policy placing UK's net-zero target at risk, thinktank warns

The UK's net-zero target is in jeopardy due to a lack of legislative requirements on key sectors and infrastructure, with thinktank the Green Alliance warning that there is currently an £11.4bn investment gap in reaching net-zero across transport, buildings, circular economy and natural infrastructure.

Each of these success stories exemplifies how businesses are ramping up ambitions and actions in all areas of sustainable development 

Oxford's zero-carbon homes and L'Oreal's eco-fund: 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.

Unilever's Marc Engel (top left) provided the opening keynote speech from his home

Unilever on the circular economy and the net-positive debate: What happened on Day Three of Net-Zero Live 2020?

The third and final day of edie's Net-Zero Live 2020 saw hundreds of sustainability and resource experts gathering with the shared aim of accelerating ambition and action. Here, we round up the key takeaways.

Pictured: Mangrove reforestation in Mexico’s Riviera Maya. Image: Iberostar

Iberostar targets carbon neutrality by 2030, eyes nature-based insetting

Spanish hotel giant Iberostar has outlined plans to become carbon neutral within a decade, underpinned by commitments to sequester carbon at its seafront locations.

The funds and actions will build into a new global sustainability strategy for 2030 that will be launched by L’Oréal next month

L'Oréal launches €150m social and environmental fund to support coronavirus response

Global cosmetic firm L'Oréal has noted the need to focus on regenerating the environment while also supporting those impacted by the economic crisis caused by the coronavirus, and has responded by launching a €50m social fund to support vulnerable women and a €100m environment fund.

Absolut’s scope 1 and 2 emissions for the last financial year were 847 tonnes of CO2e

Absolut Company to go fossil-fuel-free by 2025

The Absolut Company has announced that all production of its Vodka products will be fossil-fuel-free by 2025, as part of a wider ambition to become carbon-neutral by 2030 without relying on offset use.

Globally, e-waste is the fastest-growing domestic waste stream

Boris Johnson urged to prevent e-waste mountain in Brexit planning

Poorly-made and hard-to-recycle electronics could "flood" the UK market after Brexit, resulting in an e-waste mountain, unless ministers act now to protect standards. That is according to a new report from Green Alliance.

George has been working in corporate responsibility for five years and recently announced a promotion within John Lewis Partnership

Meet edie's 30 Under 30 Class of 2020: George Barrett, John Lewis Partnership

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: George Barrett, sustainability manager for the circular economy at John Lewis Partnership.

Khoo outlined how Interface was aiming to have zero impact through its products and operations, and how that has changed the mindset of the business

Can business models act as carbon sinks to reach net-zero?

To kickstart edie's Net-Zero November, carpet manufacturer Interface's head of sustainability Jon Khoo reflects on the company's own ambitious Climate Take Back strategy, as well as discussing how business mindsets and models can "act like carbon sinks" to transform corporates into zero-impact organisations.

Unilever is aiming to use at least 25% PCR by 2025 and expects to double the amount it uses over the next 12 months

Unilever expects to double use of recycled plastics in next 12 months

Unilever has confirmed that 10% of its plastic footprint now consists of post-consumer recycled plastic (PCR), as the company pushes ahead to meet a target of halving the use of virgin plastic.

The initiative was meant to launch in March but was delayed due to the coronavirus pandemic

Hubbub and Coca-Cola launch on-street recycling scheme in Dublin

Environmental charity Hubbub and the Coca-Cola Foundation have launched a new on-street recycling initiative in Dublin, to increase public awareness and use of recycling infrastructure.

Mike Townsend, founder and chief executive of Earthshine Group, summarises the net-zero journey

Towards net-zero: Are we really the smartest of monkeys?

Setting the scene for edie's upcoming Net-Zero November month of themed content and events, sustainable business expert and commentator Mike Townsend takes a thought-provoking look at the various drivers, challenges and opportunities that lie ahead for businesses on our pathway towards a net-zero carbon, circular economy.

Retailers and manufacturers are having to adapt to changing rules and consumption patterns

Action on plastics: Has Covid-19 stopped the refill revolution?

Many retailers and brands backtracked on plastic-free refill pledges in a bid to stop Covid-19 from spreading earlier this year. But are we really headed back towards single-use in the long term, or will there be a different "new normal" for packaging?

The recycling scheme started in the US and has been successful so far

HP extends cartridge recycling scheme to 68 countries

Printing and technology giant HP has extended its recycling scheme to 68 countries and territories after collecting more than 875,000 used printer ink cartridges.

Pictured: The new packaging for coffee and Whopper burgers

Burger King teams up with TerraCycle for reusable packaging pilot

Burger King will bring reusable coffee cups, soft drinks cups and burger boxes to restaurants in the US and Japan early next year as part of a partnership with TerraCycle.

Image: P&G

P&G to launch refillable shampoo bottles in 2021

Procter & Gamble (P&G) will launch a refill format which uses 60%less plastic across several of its most popular shampoo lines in Europe next year.

Pictured: Some of the name-brand refill stations. Image: Asda

Asda opens 'sustainability store' with refill stations and plastic-free groceries

Asda has installed refill stations, reverse vending machines and a vintage clothing aisle to one of its busiest stores, to gauge consumer attitudes and logistical considerations to more sustainable offerings.

More than 400 million metric tons of plastic are produced globally every year

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.

The fund is thought to be the first with SDG 14 as its sole focus

Credit Suisse raises $212m for 'world's first' ocean health impact fund

Swiss investment bank Credit Suisse has partnered with Rockefeller Asset Management to launch an impact fund that will finance projects improving ocean health, raising $212m pre-launch.

Tesco will introduce plant-based alternatives across 20 different food categories

Tesco to increase sales of meat alternatives by 300% to reduce environmental impact of products

Tesco has become the first UK retailer to set public sales targets for plant-based meat alternatives, pledging to increase sales of those products by 300% by 2025 as part of an ongoing commitment to halve the environmental impact of the average shopping basket.

edie's esteemed panel of judges will whittle down a shortlist of finalists and then decide upon all of the winners for the 2021 Sustainability Leaders Awards

Sustainability Leaders Awards 2021: Meet the judges

With the 2021 Sustainability Leaders Awards entry deadline approaching, edie takes a closer look at the esteemed panel of judges who will be presiding over this year's submissions.

edie explains: Electronics and the circular economy

How can businesses create a circular economy for electronics of all kinds? What are the challenges and benefits of doing so? And how are policies affecting the e-waste changing? This free edie explains guide answers all these questions and more.

The fund will expand to cover mining and extractives in the coming years

Blackrock's circular economy fund has raised $900m in its first year

BlackRock has revealed that its investment fund dedicated to accelerating the global development of a circular economy has raised more than $900m in its first year, growing from just $20m of seed funding from the asset management giant itself.

All three webinar and masterclass sessions are available to watch on-demand for those who have registered

Available to watch on demand: edie's green recovery webinar sessions

Expert speakers gave insight and advice during a free set of green recovery-themed webinars and masterclasses that took place on Wednesday 23 September. You can watch the sessions, featuring the Aldersgate Group, BT, Bank of England, Ella's Kitchen, UKGBC on demand. 

#SustyTalk: Timberland's Zach Angelini on regenerative agriculture and the circular economy

edie's SustyTalk series continues with Timberland's environmental manager Zach Angelini discussing how the fashion brand plans to scale up regenerative agriculture practices in supply chains and align with circular economy principles.

Over the past seven days at least, it seems the businesses are refocusing on plans to reduce single-use plastics that took up much of corporate CSR efforts between 2018 and 2020

Flurry of corporate plastic announcements hints at a new normal for the circular economy

In what has been a bumper week for news stories on single-use plastics, edie explores how corporates are forging ahead with new collection and take-back schemes for recyclable packaging that had been delayed by the coronavirus pandemic.

The report is supported by companies representing more than $18trn in assets under management

Banking and finance giants issue support for circular economy investment

More than 30 chief executives from some of the world's largest banks and asset managers, including BlackRock, Barclays, Lloyds, ING and the European Investment Bank, have backed new research from the Ellen MacArthur Foundation (EMF) highlighting how green finance can spur the circular economy.

Pictured: An ROC-certified, California-based apricot farm which supplies to Patagonia Provisions. Image: Keri Oberly for Patagonia

Patagonia: Regenerative agriculture is the next sustainability frontier for fashion and food

EXCLUSIVE: Patagonia's vice president for social & environmental responsibility has told of how she witnessed a "groundswell" in regenerative farming in recent months, of a scale that has been unprecedented during her 10+ years working across supply chains.

AIM, the European Brands Association, has gathered more than 85 companies to join the HolyGrail 2.0 project 

HolyGrail 2.0: Major brands sign up to explore digital watermarks to improve packaging recycling

More than 80 major European brands, including P&G, PepsiCo and Mondi will collaborate to explore the feasibility of using "digital watermarks" to improve the sorting of recyclable packaging across the European Union (EU), as part of the HolyGrail 2.0 project spearheaded by the Ellen MacArthur Foundation.

The virgin plastics industry is described in the report as a 'bloated behemoth' which is primed for disruption

Report: World could reach peak plastic production in 2027, risking billions of dollars for oil majors

Global oil majors are planning to invest $400bn in virgin plastic production within five years - but much of this investment is at risk as governments beef up plastics and climate targets, and as consumers continue to push for plastic-free products.

By 2036, the circular economy could add £35bn to the UK economy

Report: Circular economy can halve emissions of UK infrastructure projects

Transitioning to a circular economy can assist in the net-zero transition, with a new report supported by AECOM stating that carbon reductions of up to 50% can be delivered and £35bn generated for the UK economy by using closed-loop materials throughout the design process of infrastructure projects.

Respondents represented organisations of all sizes and major sectors

9 in 10 sustainability professionals excited by green recovery opportunities, survey reveals

EXCLUSIVE: An edie survey of more than 240 sustainability, energy and CSR professionals has revealed that 89% believe the implementation of Covid-19 recovery plans is an opportunity to accelerate climate action.

The Green Recovery Business Roadmap

Much has been said about the need to deliver a green recovery from the coronavirus pandemic. But what new ways of working should businesses be exploring to assist with a just and low-carbon transition? This new report outlines EIGHT key considerations.

edie will be running a host of new content to inform businesses about the requirements and opportunities of the green recovery

Mission Possible: edie launches new campaign to drive a Green Recovery

edie has today (2 September) launched a spin-off of the award-winning Mission Possible campaign which will support sustainability, energy and CSR professionals on our collective mission to drive a green recovery across all major industries in the UK.

The strategy includes 24 targets in total, with 2025 targets bolstering 2030 ambitions

Tommy Hilfiger vows to become 'fully circular' by 2030

PVH-Corp-owned Tommy Hilfiger has launched a new environmental and social sustainability strategy, headlined by ambitions to make products "fully circular" and to operate "with sensitivity to planetary boundaries".

The podcast brings three exclusive interviews, tied together by a circular economy theme

Sustainable Business Covered podcast: Circular economy chats with Ball, Essity and CDSL

Episode 90 of the Sustainable Business Covered podcast delivers three exclusive interviews with sustainability leads at Ball Corporation, Essity and CDSL, for a snapshot of circular economy action during lockdown and beyond.

If successful, a $2bn carbon credit fund will be launched as a follow-up

HSBC signs up for new $1bn natural capital investment fund

HSBC has partnered with Pollination to launch what it is describing as the first large-scale investment fund focused solely on nature conservation and restoration.

Supply chains are a major source of emissions for the fashion sector

Report: Global fashion sector will emit double its Paris Agreement limit by 2030

The global fashion sector is currently generating more emissions each year than the UK, Germany and France combined, and will fail to align with the Paris Agreement without transformational change over the next decade.

The new Pact builds on similar initiatives in the UK, Chile, France, the Netherlands, Portugal and South Africa

Ellen MacArthur Foundation launches Plastics Pact in US, supported by 60 major signatories

Mars, Unilever and Kimberly-Clark are among the 60+ organisations to have committed to the new US version of the Ellen MacArthur Foundation's Plastics Pact, which aims to create a fully circular economy for plastics.

E-waste contains materials including copper, iron, gold, silver and platinum

Work restarts at UK's first commercial refinery for recycled metals from e-waste

Work to create the UK's first commercial-scale refinery extracting precious metals from waste electronics and electricals has restarted after Covid-19 related delays, meaning that the facility should become operational within 12 months.

Vuna will launch in Switzerland this month before Nestle plots roll-outs in other national markets. Image: Nestle

Nestlé launches vegan tuna alternative after record plant-based 'meat' sales

Nestle has launched its first plant-based seafood alternative, a tuna substitute called Vuna, after its sales of plant-based meat alternatives surpassed £166m last year.

Between September 2013 and March 2020, JLR has reused around 360,000 tonnes of scrap back into vehicles

Recycled aluminium could help Jaguar Land Rover reduce emissions by a quarter

Jaguar Land Rover (JLR) has revealed that its ongoing project to recover and reuse aluminium from drinks cans and end-of-life vehicles into new car products could reduce its carbon emissions by up to 26%.

Pictured: Some of the products offered through Loop in the UK. Image: TerraCycle

Retail giants prepare to launch TerraCycle's 'zero-waste' refill service in stores

Following successful online launches, retailers including Tesco in the UK and Carrefour in France are planning to bring TerraCycle's refillable model, backed by businesses like Danone and Unilever, to stores.

Selfridges has worked with charity partners and 300+ brands to develop and deliver the 'Project Earth' initiative

Resale, repair and environmental labelling: Selfridges accelerates efforts to sustainably 'reinvent retail'

Selfridges has outlined a string of new commitments and pilot projects around sustainable materials sourcing, environmental communications and resource-efficient business models like repair, resale and rental.

This weekly round-up explores how businesses across the world are ramping up efforts across all areas of sustainable development

Coca-Cola's plastic-free packs and V2G bus depots: 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.

rial, Magnum will roll out the tubs across Europe by the end of the year and globally from 2021

Magnum to roll out recycled plastic ice cream tubs globally

Ice cream brand Magnum is set to introduce plastic tubs consisting of recycled plastic across all its markets, a move that will see an estimated 160,000kg of certified recycled material used by the end of 2020 across Europe.

100 of Go-Ahead London's buses have been retrofitted with bi-directional charging technology

Bus garage in London now hosting 'world's largest' V2G trial

A bus garage in North London has been fitted with vehicle-to-grid (V2G) technology and 100 buses adapted for bi-directional charging, as part of what is being described as the largest project of its kind in the world.

John Elkington: Businesses should 'think like insurgents' to spur green recovery efforts

EXCLUSIVE: Many organisations will need to "regenerate" approaches to environmental, societal and economic business models in the wake of the financial damage caused by the coronavirus pandemic, according to Volans' chairman and chief pollinator John Elkington, who has called on companies to "think like an insurgent".

Between 20% and 50% of all waste generated in the global South is managed through small-scale waste picking activities. Image: BVRio

New platform to help corporates forge circular economy partnerships

Environmental NGO BVRio has launched a new online platform connecting circular economy projects with corporates and impact investors, whose aim is to help small programmes scale-up and large organisations put sufficient finance behind their resource goals.

Microsoft seems to be reshaping its sustainability strategy a little at a time, having set new climate targets earlier this year

Microsoft vows to become a 'zero-waste' business by 2030

Microsoft has pledged to bring its direct waste footprint to zero within a decade, as part of a new resources strategy which will boost the recyclability of its devices and see plastic packaging phased out entirely.

When BP first set its net-zero target, it was criticised as 'not credible' for lacking detailed delivery plans

BP vows to cut fossil fuel production by 40% by 2030

BP has unveiled plans to transition away from being an oil company and to become an integrated energy company instead, headlined by a commitment to decrease fossil-based hydrocarbon production within a decade.

Google is one of the world's largest corporate renewable energy purchasers, but employees and green groups have been calling for more ambitious social and environmental plans 

Google owner issues largest corporate sustainability bond in history

Google's parent company Alphabet Inc. has issued $5.75bn (£4.4bn) in sustainability bonds, in what it claims is the largest sustainability or green bond issued by a corporation to date.

Recycling levels have languished in England for several years and the country is currently not on track to achieve its recycling target of 50% by 2020

UK targets 65% municipal waste recycling rates under EU's circular economy package

The UK Government has today (30 July) agreed to transpose aspects of the European Union's Circular Economy Package into UK law, agreeing on targets to recycle 65% of household waste by 2035 and to allow a maximum of 10% municipal waste going to landfill in the same timeframe.

BMW is aiming to have a 25-model-strong EV portfolio by the end of 2023

BMW unveils new 10-year climate plan, vows to slash emissions per vehicle by one-third

The BMW Group has pledged to reduce its emissions footprint by one-third by 2030, on a per-vehicle basis, as part of a new climate plan underpinned by science-based targets and electric vehicle (EV) development.

DPD has also developed an in-house training programme to help drivers using the EVs

DPD reaches 2020 fleet electrification target ahead of schedule

Delivery giant DPD has integrated the 700th electric vehicle (EV) into its UK fleet this week, meaning that more than 10% of its UK van fleet is now pure-electric.

The global livestock industry accounts for 15% of the world's carbon emissions, and uses 83% of all existing agricultural land

2020 will be 'watershed year' for plant-based foods, investor coalition predicts

Investor coalition FAIRR has documented a tenfold increase in the plant-based-food-related assets its cohort manages over the past four years and found that four in ten food giants now have dedicated teams for plant-based products.

Current commitments would only affect 7% of annual plastic production by 2040, the report warns

Amount of plastics in oceans will quadruple by 2040, major new research finds

The world's plastic pollution problem is vastly outpacing efforts to stop it, meaning that the volume of plastics in oceans globally will be four times higher in 2040 than in 2016, new research backed by the Ellen MacArthur Foundation has concluded.

The brand is hoping to create a closed-loop system for its products. Image: Vivobarefoot

Vivobarefoot launches resale platform for repaired shoes

Shoe brand VivoBarefoot has launched an online resale platform for repaired and returned shoes, in what it claims is a world first.

Microsoft has set aside $1bn to help develop carbon reduction and removal technologies across its supply chain

Microsoft targeting one million tonnes of carbon removal by October

Microsoft has unveiled plans to capture one million metric tonnes of carbon from the environment by the end of the fiscal year, as part of its commitment to become carbon-negative by 2030.

According to WWF, nature loss will cost the global economy at least £8trn by 2050 

Banking giants team up for Task Force for Nature-related Financial disclosures

AXA and BNP Paribas are among a group of 10 major banks backing a new initiative intended to help corporates measure, disclose and minimise their nature-related financial risks.

According to previous WEF research,  $44trn – more than half of global GDP – is exposed to risks from nature loss. Image: WEF

WEF: Invest in nature-led Covid-19 recovery to reap $10trn economic opportunity

By embedding 'net-positive' nature requirements into their Covid-19 recovery strategies, governments and businesses could collectively realise a $10trn (£7.9trn) economic opportunity and create 395 million new jobs within a decade.

Loop is already live in the US and France. Image: TerraCycle

In the Loop: Tesco and TerraCycle pilot 'zero-waste' refill service in the UK

TerraCycle has today (15 July) launched its zero-waste shopping platform in the UK in collaboration with Tesco, after a delay due to Covid-19.

Image: EA

Environment Agency unveils five-year plan to bolster 2030 net-zero target

The Environment Agency (EA) has outlined its plans to boost climate resilience, improve natural resources and foster green growth through to 2025, after setting a 2030 net-zero target late last year.

Verde Nieto is a globally recognized figure in the sustainability field, having been trained by Al Gore at the Alliance of Climate Change

Positive Luxury: In the 'year of nature', greenwashing and incremental improvements won't cut it

EXCLUSIVE: As businesses strive to tackle the intertwined climate and resource crises, they must place nature and biodiversity at the centre of all financial considerations in 2020, a new forecast featuring input from Paul Polman, WWF and Paul Hawken warns.

Image: VW

VW to remove petrol and diesel vehicle manufacturing lines from key factory

Volkswagen (VW) is set to remove production lines for all internal combustion engine vehicles from one of its key factories this year, replacing them with electric vehicle (EV) production capacity.

A bin lorry of fashion waste is landfilled or burned every second globally. But brands striving to buck this trend are emerging and growing rapidly. Image: E&K

Zero-waste is the new black: How SMEs are disrupting fashion's waste crisis

In the second of a two-part feature, edie's senior reporter Sarah George spotlights the businesses working to combat fashion's growing waste problem by pioneering truly circular systems in what is widely regarded as one of the world's most linear sectors.

innocent's sustainability cheerleader Katie Leggett talks edie through the report

'Good all round': Exploring Innocent Drinks' first sustainability report

EXCLUSIVE: Innocent drinks has launched its first "good all round" report, the company's innovative take on the traditional sustainability report outlining progress against its carbon-neutral, circular economy and staff engagement ambitions.

The need for additional training is most pronounced in the transport, mining and built environment sectors

1 in 10 jobs at risk without 'green' reskilling, Mayors warn Treasury

Up to 2.2 million Brits could face unemployment unless the UK's Covid-19 recovery package contains measures to reskill them for "green-collar" roles, Mayors and council leaders representing 25 million residents have warned.

The commitments will be supported through the Science Based Targets initiative

L'Oréal targets carbon neutrality by 2025 under new sustainability strategy

Global cosmetic firm L'Oréal has unveiled a new sweeping set of sustainability targets, pledging to reach carbon neutrality by 2025, halve carbon emissions, use 100% renewables and ensure all plastic packaging comes from recycled or bio-based sources.

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).

Solar panel installation, Tetra Pak site. Image: Tetra Pak

Tetra Pak targets net-zero value chain by 2050

Packaging firm Tetra Pak has today (11 June) committed to reaching net-zero greenhouse gas (GHG) emissions across its operations by 2030, with a longer-term target to achieve a net-zero emissions value chain by 2050.

Currently, 71% of the silver and gold in Pandora’s jewellery comes from recycled source

Pandora to reduce emissions by sourcing only recycled gold and silver

The world's largest jewellery brand, Pandora, has announced plans to stop sourcing mined silver and gold in its products by 2025, a move that is expected to cut its emissions from the use of the materials by more than two-thirds.

More than one million plastic-free PPE visors will be produced each week

World's first plastic-free PPE equipment launched to combat coronavirus pandemic

The world's first plastic-free PPE protective equipment has been launched today by campaign group A Plastic Planet, in a bid to assist the fight against coronavirus without harming the natural environment.

Dow Polyurethanes expects its first batch of Renuva polyols to be delivered in early 2021

Dow targets industrial-scale mattress recycling initiative

Dow Polyurethanes, a business division of chemical giant Dow has announced plans to create an industrial-scale recycling facility in France to treat discarded mattress foam to be used in a range of applications.

This is the viewpoint for edie's Mission Possible 2020 report

John Elkington on Green Swans, Covid-19 and green market shifts

In a viewpoint written exclusively for edie's Mission Possible 2020 report, Volans' chairman and chief pollinator John Elkington discusses a new "age of miracles" whereby the once impossible belief that sustainability could dictate market actions now becomes the core lever of an economic recovery.

Zalando’s online platform caters to 28 million customers in 17 markets

Zalando and Sustainable Apparel Coalition issue sustainable metrics for brands and retailers

German online fashion retailer Zalando has confirmed it will be the first retailer signed up to the Sustainable Apparel Coalition (SAC) to use a new module that will make sustainability assessments mandatory for its private labels and partner brands sold on its platform.

edie Explains: The circular economy

This new and updated edie Explains guide breaks down everything there is to know about achieving a circular economy for your business.

The guide concludes with an industry viewpoint and two case studies provided by Reconomy

edie launches new business guide to embracing the circular economy

Organisations looking to accelerate the transition to a circular economy now have access to a comprehensive 'edie explains' guide which breaks down everything there is to know about achieving a zero-waste world.

Klyk has joined the O2 Direct Partner Network, where it will offer its closed-loop solution to O2 clients 

O2 targets e-waste with new Klyk partnership

O2 has agreed to a new partnership with technology refurbishment start-up Klyk to tackle the growing issue of electronic waste (e-waste) in the sector.

The document outlines sweeping green policy changes across energy, buildings and transport

Europe's draft 'green recovery' plan leaked

The European Commission's promised green recovery plan will focus on building renovation, renewables and hydrogen as well as clean mobility and the circular economy, according to a leaked working document obtained by EURACTIV.

Sessions across all three days are available to watch on-demand for those who have registered 

Available to watch on-demand: All Three days of of online Net-Zero Week events

Net-Zero Week was a themed week of editorial content and events dedicated to informing, inspiring and empowering sustainability and energy professionals on the road to a net-zero carbon future for their business, featuring three afternoons of online sessions which are available to watch on-demand.

The sessions will be available to watch on-demand for those who have registered

Today at 1pm: Circular Economy online event featuring Hubbub, Amcor and Canary Wharf Group

Sustainability professionals and circular economy experts from a range of organisations and businesses across the value chain are set to appear on edie's Circular Economy online event, taking place on Thursday 21 May.