Climate Change Act

DEFINITION: Government legislation which commits the UK to reduce greenhouse gas emissions. It established the framework to develop a targeted and economically-credible plan to reduce current and future emissions. The Climate Change Act commits the government to reducing greenhouse gas emissions by at least 80% of 1990 levels by 2050. 

 

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The survey results will form the basis of a major new report being published by edie in March

The 2021 Sustainable Business Leadership Survey (8 minutes)

From Covid-19 to COP26, this flagship annual survey asks sustainability, CSR and energy leaders about the biggest drivers, challenges and opportunities facing green business in 2021.

The UK's climate action is under mounting scrutiny in the lead-up to COP26

Leading or lagging: Is 2050 too late for net-zero in the UK?

When the UK first announced its legally binding net-zero target, it was described as 'world-leading'. But, given that the IPCC recommended 2050 as a final cut-off date, the debate has been intensifying around whether the nation can go further and faster.

Reports suggest that concerns around food hygiene due to Covid-19 could increase plastic packaging intensity

Coronavirus and plastics: Are we headed back towards single-use?

As the global economy struggles with the pressures of Covid-19, some industry groups are using the need for more protective equipment as a means to lobby for the removal of charges and bans on single-use plastics. edie explores why that cannot be allowed to happen.

'Principal partner' is the highest level of sponsorship for the conference, which has been described as the most important since the Paris Agreement was ratified in 2015

Sainsbury's confirmed as principal partner for COP26

Supermarket Sainsbury's has signed for the highest tier of sponsorship for COP26, ahead of the event in Glasgow this November.

Businesses taking part employ more than 10 million people across 150 countries

600 business giants form new network on climate resilience and adaptation

Businesses with combined annual revenues of more than $3trn, spanning a range of the global economy's biggest sectors, have formed a new network aimed at helping the private sector work with cities and governments to build climate resilience.

The strategy warns there are currently “wide gaps” in knowledge, which need to be closed in order to prevent “climate-blind” decision making

EU unveils data-driven climate adaptation strategy, drawing green criticism

More and better data is needed to improve knowledge of how to adapt to climate change, according to the European Commission's new adaptation strategy, which immediately came under fire from green activists for missing binding targets.

The success of the transition would hinge on enabling policies and roadmaps, steered by the UK Government

UK can create 200,000 jobs through clean technology drive

The Association for Renewable Energy and Clean Technology (REA) has claimed that the UK can reach 100% renewable electricity in the next 11 years, with clean technology uptake set to create 200,000 new jobs provided the Government can deliver enabling policies.

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.

Hydrogen is widely regarded as a key part of the UK’s transition to net-zero by 2050

Hydrogen: Is UK policy and industry at a tipping point?

Recent weeks have seen influential bodies urging the Government to publish the Hydrogen Strategy sooner rather than later. In tandem, announcements have been made about hydrogen-powered homes and vehicles. So, is the UK's hydrogen revolution about to begin?

Image: Fairtrade Foundation

Stop offshoring emissions to poorer countries, Fairtrade Foundation urges Government

Almost half of the emissions linked to UK consumption are generated overseas, a new Fairtrade Foundation analysis has revealed, with the organization urging Boris Johnson to do more to support the net-zero transition internationally.

The “Terra Carta” outlines ten areas of action for businesses looking to respond to the scale of the interconnected climate and nature crises 

Banking giants unite with Prince of Wales on financial net-zero taskforce

The Prince of Wales' Sustainable Markets Initiative (SMI) has announced that executives from the likes of Bank of America, BNP Paribas, NatWest and Lloyds have joined on as members of a new Financial Services Task Force aiming to create a net-zero investor sector.

BlackRock made a major U-turn on its climate approach last year, joining the Climate Action 100+ after previously voting against the group

BlackRock presses energy companies to set 'rigorous' emissions targets

The world's largest investor, BlackRock, has urged energy firms and other high emitters to disclose the full extent of their emissions and set climate targets in line with science. It is warning that failure to do so could result in stranded assets.

Costs could rapidly rack up without proper climate mitigation and adaptation, the report warns. Pictured: Flooding in Texas following Storm Harvey in 2017

Report: Real estate sector's inaction on climate change could increase costs by $2.5trn

Globally, real estate firms could rack up $2.5trn of additional costs in the future unless they accelerate action to decarbonise buildings and to boost climate adaptation and resilience this decade.

Pictured: Leeds town hall

Leeds and London to host new green finance research hubs

A new government-backed body dedicated to green finance research is set to launch in April, with physical "hubs" in Leeds and London.

Funding for fossil fuels has been, globally, greater than for low-carbon sectors - and much funding has been provided without environmental conditions

Green recovery report: Just 12% of global Covid-19 stimulus will benefit climate and nature

G20 nations have spent $14.9trn on Covid-19 stimulus packages for businesses since the Covid-19 pandemic began - but only 12% has gone to industries with a positive impact in the fight against climate change and nature loss.

The fund will support key legislative frameworks, including the 25 Year Environment Plan

Defra unveils £10m fund for nature-based climate solutions

The Government has unveiled a new £10m fund to support nature-based projects that combat the climate crisis, in the same week that Oxford University launched a new venture studio designed to uncover similar solutions.

CCS is viewed as a crucial technology in reaching net-zero emissions

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.

Pictured: An artist's impression of the completed mine. Image: West Cumbria Mining Company 

Cumbria County Council puts plans for controversial coal mine on hold

After much criticism of its decision to approve the UK's first deep coal mine in more than 30 years, Cumbria County Council has confirmed that it will reconsider the move.

edie also hosted a bespoke roundtable discussion with sustainability representatives present at the Forum, sponsored by EDF

Sustainability Leaders Forum: Five top tips for turning climate ambition into action

With the dust settling on three days of thought-provoking conversations at edie's Sustainability Leaders Forum (SLF), edie rounds up how businesses can make 2021 a super year for climate action, which turns ambition into action for corporate sustainability.

CDP research shows that, on average, supply chain emissions are up to 11.4 times higher than operational emissions

Poor environmental disclosure to add $120bn to supply chain costs

Businesses could face up to $120bn in additional costs across their supply chains from the impacts of climate and environmental breakdown in the next five years, new research from CDP has warned.

The report argues that legislation is needed to stop fast fashion's negative environmental impact from spiralling 

Fast fashion: Polyester production has doubled since 2000, with huge climate implications

The production of fossil-based synthetic textiles has doubled globally within 20 years, as fast fashion production and consumption has increased. According to a new report, this will have sizeable implications for climate change.

Fewer than 25% reference the impact that the climate crisis will have on future and current business models

Business giants' climate disclosure 'clearly inadequate', lawyers warn

Lawyers have warned that the majority of FTSE 100 and the largest companies on the FTSE 250 are failing to disclose adequate climate-related data as part of annual corporate reporting frameworks, with some potentially breaching UK law.

River Severn in Flood at Atcham in Shropshire

Health of 12 million Brits at risk from climate crisis

More than 12 million people living in the UK are vulnerable to the physical, mental and health impacts of the climate crisis, a new report has warned.

Before becoming an MP, Griffith held high-level roles at Sky and Just Eat

UK's Net-Zero Business Champion: We must spark conversations outside our usual circles

The UK's Net-Zero Business Champion, Andrew Griffith MP, used his platform at edie's Sustainability Leaders Forum to urge professionals to engage with their supply chains, competitors and communities to maximise positive outcomes ahead of COP26.

WATCH: Dame Polly Courtice's inspiring Lifetime Achievement Award acceptance speech

Dame Polly Courtice delivered a galvanising call to action for future business leaders as part of her Lifetime Achievement Award acceptance speech at edie's Sustainability Leaders Awards 2021 Wednesday afternoon (3 February), claiming "this is the generation that still has time to change everything for the better".

The Sustainability Leaders Forum is running through to Thursday (4 February) in an all-new virtual format

How can businesses become climate advocates? Here are 8 top tips

Since the UK set its 2050 net-zero target in law, many major businesses have outlined plans for getting there faster. But leadership on climate involves taking a stand and engaging others, as well as going further and faster in-house.

A host of green finance experts met virtually on day one of the Sustainability Leaders Forum

Finance and policy: The external drivers forcing businesses to take climate action

Sustainability professionals have often found frustration when trying to embed CSR across an entire organisation, but the mainstreaming of Environmental, Social, and Governance (ESG) investing looks set to create new momentum behind the green recovery.

Rivett-Carnac worked with the UN to develop the Paris Agreement before serving as president at CDP North America. Now, he co-runs Global Optimism. 

Tom Rivett-Carnac: In the face of the climate emergency, we must all be stubborn optimists

EXCLUSIVE: Paris Agreement architect Tom Rivett-Carnac used his platform at edie's Sustainability Leaders Forum (2 February) to urge listeners to remain solutions-focussed, courageous and optimistic in the face of the world's biggest environmental challenges.

Smart Pension will also introduce a new Social Impact Fund in the next few months

Smart Pension commits to net-zero emissions ahead of Government deadline

Workplace pension provider Smart Pension has joined an initiative led by Comic Relief co-founder Richard Curtis that will see the company commit to net-zero emissions "well ahead" of the Government's 2050 deadline.

The Dasgupta Review was commissioned by HM Treasury and lays out key recommendations to reversing manmade declines in biodiversity 

Landmark review calls for nature to be included in economic decision making

A new landmark review has been launched today (2 February), outlining how businesses and policymakers can include and account for nature as part of economic decisions, with many claiming the findings could be as influential as the Stern review on climate change.

The Treasury is notably in the process of conducting its net-zero review

Treasury 'not planning mandatory net-zero stress tests' for major government investments

Treasury representatives have said that the government won't make it mandatory for all projects to prove they can comply with the 2050 net-zero target in order to secure funding.

Members will collaboratively contribute to a new standard carbon footprint measurement for newsrooms

BAFTA assembles UK's biggest news broadcasters for climate coalition

The BBC, Sky News and ITV News are among the first members of a new initiative designed to help the UK's news broadcasting sector minimise its environmental impact and engage viewers on topics like climate change.

The CCC claims that the mine is projected to increase UK emissions by 0.4 million megatonnes of CO2e annually

Climate Change Committee calls for rethink on Cumbrian coal mine approval

The Climate Change Committee (CCC) is the latest organisation urging the UK Government to reconsider the planning approval for a new coal mine in Cumbria, warning that it will increase emissions and create a "negative impression" of UK green policy in the build-up to COP26.

Microsoft met and surpassed a target to secure the removal of one million metric tonnes of carbon

Microsoft turns to Climeworks to deliver carbon capture techology

Microsoft has turned to Climeworks' carbon dioxide removal technology as one of the key measures that will help with a mission to reach negative emissions by 2030 and remove the company's historic emissions by 2050.

Along with Barclays, HSBC has often been the target of environmental campaigners

Survey: UK banks could lose millions of customers unless they get tougher on climate

A survey of more than 2,000 bank customers in the UK has found that more than one in ten would switch banks if they thought their choice of company was investing heavily in fossil fuels. The impact could be significant for big high-street brands, that could lose millions of customers each.

Currently, corporate commitments under the Race to Zero campaign cover more than 12% of the global economy and $9.8trn in revenue

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.

InfluenceMap's research builds on previous analyses of lobbying by the fossil fuel sector

World's biggest tech firms 'dedicate just 4% of lobbying efforts to climate change'

Analysis of the lobbying activities of Apple, Amazon, Facebook, Microsoft and Google's parent firm Alphabet has revealed that they allocated just 4% of their annual lobbying resources to efforts to combat climate change.

The letter summarised that the current pandemic has actually accelerated efforts to transition to a sustainable economy

BlackRock's Larry Fink warns CEOs that 'no issue ranks higher than climate change'

BlackRock's chief executive Larry Fink has written to businesses to warn them that "no issue ranks higher than climate change" and that the current coronavirus pandemic serves as a "stark reminder" of the need to drastically combat climate-related risks.

Pictured: The Pince gave a rousing speech via Zoom. Image: Corporate Knights 

Prince Charles: Sustainable business leadership alone won't combat climate change

While congratulating companies to have been named the most sustainable in the world, the Prince of Wales has warned that more must be done to deliver the global low-carbon transition in line with the Paris Agreement's 1.5C trajectory.

Pictured: Compere Julia Bradbury (right) and edie's Sarah George (left) present SIG with the award

What makes a sustainability leader? Meet reporting & communications champions SIG

With less than two weeks until the 2021 Sustainability Leaders Awards, this feature series showcases the achievements of the 2020 winners and reveals their secrets to success. Up next: The winners of the Sustainability Reporting & Communications award, SIG.

Banks and investors have been quicker to divest from coal than deforesters, according to the NGO despite both having a significant climate impact

Report: 2 in 3 banks have no commitments to stop financing deforestation

Some 95 of the world's largest 150 banks and investment firms have not published policies to prevent the companies they finance from destroying forests, with laggards including BlackRock and Wells Fargo.

In 2020, the number of companies committed to the SBTi surpassed the 1,000 mark

Companies with science-based targets planning $25.9bn climate mitigation investments

Major companies to have aligned their emissions reductions targets with climate science are collectively planning to invest more than $25.9bn in climate mitigation through to 2030, according to new analysis covering firms including Tesco and Mastercard.

The bank doubled its corporate bond programme in response to Covid-19. Image: George Rex, CC BY SA

Bank of England's high-carbon financing a 'moral hazard', MPs warn

The Bank of England risks creating 'moral hazard' by continuing to finance high-carbon projects and companies and providing no-strings-attached financing to carbon intensives companies, the Environmental Audit Committee (EAC) has warned.

The Biden Administration is expected to reverse more than 100 climate-related policies introduced by Trump

Biden returns US to Paris Agreement as part of climate policy overhaul

In one of his first acts after being sworn in as the 46th President of the United States of America, Joe Biden moved to readmit the US back into the Paris Agreement, claiming that tackling the climate crisis, racial inequality and current coronavirus pandemic were the "gravest responsibilities" that countries face.

Pictured: Flooding in Lome, Togo. 

Developed nations accused of over-reporting climate adaptation finance by billions

Wealthy nations have exaggerated figures around how much finance they have provided to developing countries for climate adaptation, with up to $20bn less spent than promised between 2013 and 2017.

Unilever will seek to equip 10 million young people with skills to prepare them for better job opportunities by 2030

Unilever sets supply chain living wage aim and €2bn diversity commitment

Unilever has today (21 January) unveiled a raft of new commitments aimed at building a more equitable and inclusive society by vowing to ensure the people across its value chain earn at least a living wage by 2030 and spending €2bn annually with suppliers consisting of under-represented groups by 2025.

The WEF publishes a list of the 10 most likely and 10 most impactful risks every January

Pandemic aside, humanity's biggest threats are climate and biodiversity-related, WEF warns

For the second year running, climate-related risks have topped the World Economic Forum's (WEF) ranking of long-term risks by likelihood and severity, alongside the new risks posed by Covid-19.

The net-zero ambition will be delivered through the creation of an internal “climate change taskforce” led by chief operation officer Vyacheslav Solomin

EN+ Group commits to net-zero by 2050

Aluminium and hydropower giant EN+ Group has announced its intention to become a net-zero business by 2050, with a target also in place to reduce greenhouse gas emissions by 35% by 2030.

Sunak will be hosting a press conference after the Budget speech on Wednesday. Image: HM Treasury 

Budget 2021: Businesses and charities make last-minute calls for green funding to Rishi Sunak

With the 2021 Budget being announced on Wednesday (3 March), Chancellor Rishi Sunak is facing mounting pressure over the Green Homes Grant, National Nature Service and other green policy decisions.

The 2050 target will cover emissions across the company’s default pension fund ranges. Aegon will also place its corporate operations under the net-zero ambition

Financial firm Aegon commits to net-zero emissions by 2050

Financial services firm Aegon has become the latest corporate to commit to reaching net-zero emissions by 2050, targeting the decarbonisation of its pension fund ranges and main operations.

The BBC is expected to flesh out the net-zero commitments over the coming months

BBC to outline net-zero target for 2030

The BBC's director-general Tim Davie has outlined ambitions to staff for the broadcaster to achieve net-zero emissions by 2030, with further details expected later in the year.

#SustyTalk: Suntory Beverage & Food's Michelle Norman on net-zero, plastics and the green recovery

edie's #SustyTalk interview series continues with Suntory Beverage & Food GB&I's Michelle Norman revisiting the company's key climate and plastics milestones from 2020 and looking ahead to what this year will hold for corporate sustainability.

A series of digital events will be hosted by the company in the run up to COP26

Envision Virgin Racing confirmed as COP26 partner for 'together for our planet' campaign

Motorsport team Envision Virgin Racing has been named as the latest company to be announced as a key partner for the COP26 climate summit, joining the "Together for Our Planet campaign" to encourage global climate action and raise awareness of the electric vehicle (EV) transition.

InfluenceMap assessed firms which collectively manage more than $50trn of assets

Report: Major asset managers still voting against tougher climate measures

In the same week that BlackRock was widely criticised for continuing to hold $85bn in coal, an analysis of the world's 30 largest fund managers has found that the global sector is failing to translate high-level climate commitments into investment decisions and support for shareholder resolutions.

Some of the world's largest banks have been linked to industries that are causing mass deforestation and biodiversity loss

Banks urged to set time-bound targets to tackle deforestation

A new report has outlined how banks can take proactive steps to improve traceability and accountability of contributions to deforestation, as part of a first step to accelerating action towards a forest-restorative economy.

Pictured: A mangrove forest in the Caribbean 

Boris Johnson promises £3bn of climate finance for nature by 2026

Prime Minister Boris Johnson has outlined plans to allocate at least £3bn of the international climate finance that the UK will spend through to 2026 on nature-based solutions.

Pictured: The Prince at Salisbury Cathedral, where a copy of the Magna Carta is held

Prince Charles launches 'earth charter' for businesses tackling nature and climate crises

The Prince of Wales is hoping to get major businesses to commit to "accelerating and mainstreaming sustainability", by signing a new charter on the green recovery.

If the new resolution receives more than 75% of votes at the bank’s upcoming AGM in April, HSBC would be required to publish a strategy

Investors file climate resolution at HSBC

Investors with a combined $2.4trn in assets under management have filed a resolution at HSBC, calling on the bank to publish a strategy that outlines efforts to reduce exposure to fossil fuel assets.

The reshuffle will enable Sharma to focus on the COP26 climate summit full-time. Image: Gov UK

Kwasi Kwarteng steps up to BEIS Secretary post as Alok Sharma takes on full-time COP Presidency

The Government has confirmed that Alok Sharma will step down from his position as Secretary of State for the Department of Business, Energy and Industrial Strategy (BEIS) to enable more focus on his role as COP26 President, with Kwasi Kwarteng named as his replacement.

For oil and gas firms, Scope 3 sources can account for some 80% of annual emissions on an absolute basis

ExxonMobil discloses emissions of oil and gas product use for the first time

ExxonMobil has disclosed the full extent of its Scope 3 (indirect) emissions from the final use of its energy products, which are more than Canada's national annual emissions.

edie has highlighted 21 aspirational new goals that professionals can work towards to help drive business prosperity while alleviating some key environmental and planetary concerns

21 New Year's resolutions for sustainability professionals in 2021 and beyond

At last, 2020 has drawn to a close and while the first parts of a new year might not create a respite from a global pandemic and an economic crash, it does create the ideal opportunity to look at the climate crisis with a reinvigorated approach.

We summarise the best-read and most important stories of 2020

Net-zero targets, virtual climate events and green recovery debates: The sustainability stories of 2020

With less than a week until Christmas, edie recaps what has been a busy year for sustainability stories, from the growing green recovery movement to the election of Joe Biden.

Green finance has been a major topic amid the events of 2020

Banks pressured to divest from fossil fuels and deforesters ahead of COP26

MPs, trade bodies and the UN's Environment Programme are urging banks to unify their response to the net-zero transition ahead of COP26 next November and commit to time-bound phase-outs for fossil fuel finance.

Pictured: Black giving an interview with Sky News in 2019. Image: ECIU

ECIU founder Richard Black steps down as director

The Energy and Climate Intelligence Unit (ECIU) has confirmed that its founder Richard Black is stepping down as director, after setting up the environmental non-profit in 2014.

Based on the current decarbonisation rate, PwC warns that the century’s global carbon budget would be used up by the end of this decade

Global decarbonisation efforts need to be five times greater to reach 1.5C pathway

Global efforts to combat the climate crisis will need to be five times greater than current levels, with new research warning that the rate that carbon emissions are decoupled from economic growth slowed in 2019.

The Treasury reiterates that net-zero is “essential” in delivering long-term prosperity

Net-zero impact on UK economy to be 'relatively small', Treasury finds

The HM Treasury has published a final report in the build-up to a Net-Zero Spending Review, claiming that the transition to meeting the UK's long-term climate goals could deliver "slightly positive or slightly negative" economic growth for the UK, depending on how decisive policy action is.

Kingfisher’s role as a founding partner will be to support the implementation of Integrated Community Forest Management approaches. Image credit Rainforest Alliance

Kingfisher partners with Rainforest Alliance on 'forest positive' commitment

B&Q and Screwfix owner Kingfisher has announced a new partnership with the Rainforest Alliance that will help the corporate become "forest negative" by 2025.

Exxon said it would prefer to develop short-term goals than developing a long-term net-zero vision

ExxonMobil's new climate targets slammed by investors and green groups

US-based oil major ExxonMobil has outlined new emissions reduction targets through to 2025, but green groups have called them "woefully inadequate" and investors are pushing for a restructure to its board of directors.

Pictured: An artist's impression of the expanded airport from above

Heathrow Airport: Supreme Court gives go-ahead for third runway, despite climate campaigns

The Supreme Court has decided to allow the Heathrow Airport expansion, despite the fact that the Court of Appeal ruled it unlawful on climate grounds earlier this year.

Sustainable Business Covered podcast: In the Green Room with EN+ Group's Lord Barker

To mark episode 94 of the edie podcast, content editor Matt Mace makes a long-overdue return to the Green Room, to discuss how Covid-19, climate policy and Brexit have impacted corporate sustainability with EN+ Group's non-executive chairman and former DECC minister Lord Barker.

The news comes just weeks after it was revealed that English and Scottish local authorities representing one-third of the population have committed to reaching net-zero community emissions by 2045

Councils not confident of reaching net-zero commitments

More than a third of councils in the UK are not confident that they'll be able to meet public commitments to reaching net-zero emissions, with a "black hole" of data hindering efforts on energy efficiency plans.

The White Paper builds on numerous commitments outlined by Government in recent months

Energy White Paper: Government confirms £6.7bn warm homes package and UK ETS

The UK Government has finally released its Energy White Paper, detailing steps to deliver "overwhelmingly decarbonised power in the 2030s", with a new £6.7bn support scheme to be set up to tackle fuel poverty and a UK variant of the Emissions Trading Scheme to be introduced.

Unilever will seek an advisory vote every three years on any proposed updates to the plan

Unilever to let shareholders vote on new climate targets

Unilever has become one of the first global companies to voluntarily commit to putting new climate targets to a shareholder vote, with the company's science-based targets currently focusing on zero emissions for its operations.

The Adaptation Communication will be submitted to the United Nations Framework Convention on Climate Change (UNFCCC) alongside the newly created NDC

UK ramps up climate adaptation plans in build up to COP26

The UK has become one of the first countries to publish an official plan setting out how the nation is responding to the climate crisis through adaptation and resiliency plans that focus on flood prevention and rewilding.

The Chancellor announced in March the UKEF would receive an additional £2bn to finance clean energy projects overseas

UK Government to end support for overseas fossil fuel projects

Prime Minister Boris Johnson has confirmed that the UK Government will end financing and support for overseas fossil fuel projects in the build-up to COP26 in 2021.

#SustyTalk: Epson's Daniel Quelch on employee engagement and climate expectations

edie's #SustyTalk interview series continues with an exclusive interview with Epson Europe's sustainability manager Daniel Quelch, who discusses how climate expectations and employee engagement have changed during 2020.

The company has also committed to becoming carbon negative across its operations and business travel by 2030

Jacobs reaches 100% renewables and net-zero emissions for business operations

Engineering firm Jacobs has revealed it is now powered by 100% renewable energy and has reached net-zero emissions for its operations and business travel, pledging to become carbon negative by 2030.

Businesses, trade bodies and nations including France had pushed for the 55% target

EU clinches hard-fought deal on 55% 2030 climate target

European leaders haggled through the night to clinch a deal on the bloc's updated climate target for 2030 on Friday morning (11 December), agreeing an EU-wide goal of cutting net greenhouse gas emissions by 55% by 2030.

Of the 62 companies analysed, only 23% have plans in place that align with the 2C pathway by 2030

Shipping, aviation and carmakers failing to align with Paris Agreement

The majority of the worlds largest automotive, shipping and aviation companies are failing to deliver emissions reduction plans in line with a pathway to keep global warming to 2°C - let alone 1.5C - new research has found.

Image: Dhiraj Singh/Bloomberg

Bloomberg NEF: Pandemic's effect on renewable energy investment has hit developing nations hardest

Covid-19 has slowed renewable energy investment globally in 2020 - but developed nations are likely to see similar levels of investment to 2019, which was a record year, while developing nations will take a bigger hit.

Many of the new signatories already have targets to reach - or go beyond - net-zero

13 big businesses including Unilever and Microsoft join Amazon's Climate Pledge

More than a dozen large businesses including Unilever, Microsoft and Coca-Cola European Partners have signed up to Amazon's Climate Pledge, which requires signatories to reach net-zero by 2040 or sooner.

The UNEP is urging nations to stop relying on high-emitting industries for their economic recovery plans

UN: Green Covid-19 recovery will put world on track to meet Paris Agreement

While Covid-19 lockdown restrictions have resulted in falling carbon emissions, they will rebound and the world will warm by more than 3C this century without a coordinated and ambitious global green recovery approach.

CCC chair Lord Deben said many high-emitting industries will need to become "wholly different"

'A game-changer': UK's green economy leaders react to the Sixth Carbon Budget

Green groups and trade bodies have broadly welcomed the Climate Change Committee's Sixth Carbon Budget, headlined by a recommendation to cut annual emissions by 78% by 2035. But they want to see the Government act rapidly and boldly to prove it can deliver.

The CCC recommends that the UK hosts 100GW of offshore wind generation capacity by 2050 

Sixth Carbon Budget: UK will need to cut emissions by 78% by 2035 to meet net-zero

Under the original Climate Change Act, the UK Pledged to cut net emissions by 80% by 2050. Now, it will need to deliver a 78% reduction by 2035 if it is to meet its long-term net-zero commitment.

Legal & General to halve emissions of £81bn pension portfolio by 2030

Legal & General's Retirement arm has pledged to halve the carbon emission intensity of its annuity book, which totals almost £81bn, within a decade.

Green groups have welcomed the commitment, but want more detailed outlines of how decarbonisation will be delivered

A 'vital step': Green economy reacts to the UK's new climate commitment

Green groups and business leaders have welcomed Prime Minister Boris Johnson's announcement that the UK has created an updated domestic emissions target for 2030 as its contribution to the Paris Agreement, but with progress lacking against upcoming carbon budgets, many want to see more detailed action plans.

Pictured: Leeds. Leeds City Council declared a climate emergency in March 2019, outlining an ambition to “work towards” a net-zero carbon city by 2030. 

Local authorities 'need more government support to deliver net-zero visions'

Three-quarters of local councils in England have declared climate emergencies - but funding shortages and issues with the skills pipeline could hinder their net-zero progress, according to new analysis from Green Alliance.

The new target meets the recommendation of the Climate Change Committee 

UK to slash emissions by 68% by 2030, as part of Paris Agreement NDC

The UK Government will aim to reduce emissions by 68% by 2030, as part of a domestic action plan that will deliver the nation's contribution towards the Paris Agreement and limiting global temperature increases to well below 2C and build towards net-zero by 2050.

The CCC will publish its sixth carbon budget this month

CCC pushes Boris Johnson to bolster UK's 2030 climate target ahead of COP26

The Climate Change Committee (CCC) is urging Boris Johnson to commit to reducing the UK's emissions by at least 68% by 2030, through its updated Paris Agreement pledge for COP26.

BlackRock made a major U-turn on its climate approach earlier this year, joining the Climate Action 100+ after previously voting against the group

BlackRock debuts software that assesses climate risk for investors

Investment giant BlackRock has unveiled new software to help investors quantify climate risk and low-carbon opportunities relating to their portfolios.

O'Neill was Theresa May's choice for COP26 secretary. Image: ParliamentLiveTV

Former COP26 chair Claire O'Neill: UK falling behind on international climate engagement

Former Energy Minister Claire O'Neill (nee Perry) has told MPs she is concerned that the UK Government is failing to engage policymakers from other nations on climate action ahead of COP26, risking an unjust global low-carbon transition.

All changes are designed to ensure that by 2028, farmers can operate safely and profitably without subsidy support

'Fraught with risk': Government's sustainable farming plan sparks concern amongst green groups

The UK Government has unveiled plans to deliver the most significant change to land management and farming practices in 50 years as a replacement to the EU's Common Agricultural Policy, a move that has sparked widespread concern amongst green groups due to a lack of detail.

CDP estimates that 90% of food sector emissions happen in the supply chain

CDP: Food giants are greenwashing, not addressing their climate impact

While many major food brands are launching "green" or plant-based products, less than two in ten are measuring and disclosing emissions from their supply chains - which are likely to be the most-emitting parts of their business.

The EU called on nations to learn lessons from the disruption caused by the coronavirus pandemic by improving preparedness and resilience when tackling the climate crisis

G20 urges preparedness to tackle climate crisis

As Donald Trump skipped some of the key virtual meetings between G20 leaders to play golf, the European Union (EU) has called on nations to learn lessons from the coronavirus pandemic by stepping up preparedness and resiliency to tackle the climate crisis.

Jaguar's 'smart city' tests and Arsenal's climate commitment: 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.

According to the Ellen MacArthur Foundation, there are more than 86 million tonnes of plastics in the oceans, with up to 12 million tonnes added each year

UK to support 'Paris Agreement on plastics'

The UK Minister for Pacific and the Environment, Zac Goldsmith, has revealed that the UK is willing to discuss a new global treaty to tackle plastics pollution, which has been supported by more than two-thirds of UN member states.

The Government insists this is "only the start" of a green policy rollout

Is Boris Johnson's Ten Point Plan enough to reach net-zero?

Businesses, green groups and entire sectors welcomed the far-reaching announcement from the UK Government to issue a Ten Point Plan that would put the nation on the road to net-zero, but already analysis suggests that more is required to reach net-zero emissions by 2050.

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.

Shipping is currently responsible for around 3% of global CO2e emissions

Anger as IMO approves deal that will let shipping emissions rise through 2030

Green groups and ministers have expressed anger and disappointment after the UN's shipping body approved measures which will let emissions from the sector grow for another decade.

Reporting was particularly poor on Scope 3 (indirect) emissions, which, for most businesses, make up the majority of their emissions footprint

Report: Just 3 in 10 European businesses are properly disclosing their climate impact

Only 30% of Europe's largest companies publicly publish detailed information on their climate policies, emissions footprint and climate risk, an analysis of 300 major businesses has found.