Climate Change Agreement

DEFINITION: A UK Government policy which provides a 90% discount for businesses within energy-intensive sectors that agree upon targets to improve their energy efficiency or reduce carbon emissions.

See also: Climate change

See also: Climate Change Act

 

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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.

More than 1.2 million jobs could be created within two years and 2.7 million jobs over ten years, offsetting the jobs lost because of the pandemic

Green jobs primed to replace all jobs lost to Covid-19

New research has found that more than 800,000 job losses caused by the coronavirus pandemic in the UK could be replaced by new green jobs, provided government and private investment is mobilised to push towards the 2050 net-zero target.

Progress in decarbonising electricity must be replicated in other sectors, lest the UK miss its net-zero target

Green Alliance: Government 'complacency' risks UK's net-zero transition

Despite strong progress in decarbonising electricity generation, the UK Government is not doing enough to support the low-carbon transition in hard-to-abate sector like agriculture and transport.

The webinar will take place at 11am (BST) on Wednesday 21 April and will be available to watch on-demand for those who register

Taking place tomorrow: Last chance to register for edie's biodiversity and business webinar featuring Kering and Unilever

Speakers from Kering, Unilever and the Woodland Trust have been confirmed to discuss the role of biodiversity in shaping and assisting sustainability strategies on a webinar taking place on Wednesday 21 April.

Revised targets will be published at an as-yet-unspecified date

MSCI commits to net-zero emissions before 2040

American finance firm MSCI has announced its intention to reach net-zero emissions before 2040, pledging to revamp its current decarbonisation goals and align with the recommendations of the Taskforce on Climate-Related Financial Disclosures (TCFD).

The company met its 2020 climate targets, which were 2C-aligned 

Fujitsu sets 1.5C science-based climate targets

Japanese multinational IT firm Fujitsu has unveiled new climate targets, verified in line with the Paris Agreement's more ambitious 1.5C trajectory.

EO Charging is providing the hardware, software and operational oversight for the chargers across the UK

Amazon installs more than 800 EV chargers at UK sites

Amazon has confirmed that more than 800 electric vehicle (EV) charging points have been installed across its UK sites with "hundreds more" scheduled, as part of an ongoing partnership with Suffolk-based EO Charging.

The fund aims to ensure financial return for investors

Apple launches $200m forestry restoration fund

Technology giant Apple has partnered with Conservation International and Goldman Sachs to create an investment fund focused on carbon-sequestering forestry restoration programmes that will remove at least one million metric tonnes of carbon dioxide from the atmosphere each year.

Heineken is also joining the Business Ambition for 1.5C, the Race to Zero and the RE100 programme to accelerate decarbonisation and increase clean energy uptake

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.

Image: ClientEarth

Coldplay, ClientEarth and children's media: Pop culture giants strive to boost environmental engagement

Several big names in music, including Coldplay and Alt-J, have launched new playlists designed to spark environmental action, in the same week that new children's climate engagement schemes were launched by broadcasters and authors.

Mars is currently engaging its largest 200 suppliers to decarbonise

Mars and PepsiCo launch new supply chain climate programme

Food and beverage giants Mars, PepsiCo and McCormick have teamed up to launch a new coalition aimed at encouraging suppliers to reduce carbon emissions in alignment with climate science.

More than 80% of the global sector's emissions are attributable to direct and indirect fossil fuel use

Healthcare sector plots first global roadmap to net-zero

In what has been described as a world first, the healthcare sector has developed a global framework for reaching net-zero by 2050 at the latest.

Pictured: Work on one of SnowChange's nature restoration projects. Image: Google/SnowChange Cooperative 

Regenerative agriculture and AI for solar: Google funnels €10m into projects tackling climate change

Google's charitable arm Google.org has outlined how it will allocate a €10m Impact Challenge on Climate funding, naming winners in fields including solar farm optimisation and regenerative farming.

The CLEAN Act was introduced to the House of Representatives last month, headlined by net-zero by 2050 

Back net-zero vision with 'bold' 2030 climate goal, 300 CEOs tell Biden

Chief executives from the likes of Unilever, Microsoft and Apple are among the 310 business leaders urging the Biden administration to back up its 2050 net-zero target with a strong interim emissions goal.

While progress accelerated this year, the TPI is warning that high emitting companies are still, by and large, jeopardising Paris Agreement progress 

Report: Net-zero targets from corporates becoming more 'genuine'

An analysis of the climate commitments of 401 companies has found that the uptake of "genuine" net-zero targets - those regarded as ambitious and not greenwashing - has more than doubled in the past year.

Tropical forests and islands, as well as mountains, are facing higher extinction risks than the global average, according to the paper

Delivering Paris Agreement could help save most endangered species, report reveals

More than nine in ten plant and animal species will face challenges if the current global warming trajectory continues, a new study has revealed. But most species could be saved from extinction if the world delivers on the Paris Agreement.

The commitment will support a broader $1.5trn sustainable finance goal that is aligned with the UN Sustainable Development Goals

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.

The report confirms that Springer Nature is net carbon neutral across its offices, fleets and travel flights

Publisher Springer Nature reaches carbon neutrality

Global research publisher Springer Nature Group has today (8 April) confirmed that it has reached carbon-neutral status for emissions associated with its offices and business travel.

In 2019, 21.8 million hectares of UK waters are protected to some degree

UK's marine natural capital assets valued at £211bn

The UK's marine assets, which include renewable energy production, tourism attraction, sustainable fishing and carbon sequestration, have reached a value of £211bn, according to figures from the Office for National Statistics (ONS).

The social aspect of ESG is expected to rise in prominence in both the corporate and financial sphere

The coronavirus 'white swan': Companies and investors ramping up sustainability commitments

The coronavirus pandemic is acting as a "white swan" moment that is accelerating corporate focus on long-term sustainability strategies, but better disclosure and communication is needed for investors to unlock new finance to spur the green transition.

Apple will share experience and knowledge gained from its own move to 100% renewable energy to support suppliers taking up clean energy

More than 100 Apple suppliers to switch to 100% renewables

Apple has revealed that more than 100 of its manufacturing partners across the supply chain have agreed to source 100% renewable electricity for the production of Apple products, a move that looks set to avoid more than 15 million tonnes of carbon emissions annually.

Under the UNFCCC developed nations committed to financing $100bn annually by 2020, however, developed nations have failed to fulfil this commitment

G7 ponders increasing climate finance in build-up to COP26

Chancellor Rishi Sunak met with G7 finance ministers and central bank governors to discuss the role of finance in supporting the net-zero transition and implored developed nations to raise efforts to generate $100bn in annual revenue to support developing nations combat the climate crisis.

Stewart joined Netflix six months ago and has been spending much of her time preparing the net-zero strategy

Sustainable sets and nature-based investments: Inside Netflix's new net-zero strategy

EXCLUSIVE: Netflix has this week pledged to reach net-zero emissions by 2022. In an exclusive interview with edie, the firm's sustainability officer Emma Stewart outlines how it plans to ramp up in-house carbon reductions and use offsetting to meet this new climate goal.

Pictured: The SSE Hydro Arena in Glasgow, where COP26 will take place this November

One-third of the UK's biggest businesses signed up to 'Race to Zero' ahead of COP26

Almost one in three FTSE100 companies have signed up to the UN's Race to Zero campaign, designed to accelerate the adoption of net-zero targets ahead of COP26.

Taking place on Thursday 20 May, 8.45am-3pm (BST), Countdown to COP26 is the perfect primer for the official UN climate talks scheduled for November 

Countdown to COP26: edie launches bumper virtual event ahead of climate talks

Registration is now open for a brand-new edie event which aims to help businesses seize the opportunity of the UN's COP26 climate summit later this year, with a stellar speaker line-up including senior representatives from BEIS, ClientEarth, Green Alliance, We Mean Business and the High-Level Champions for Climate Action.

Previous Ellen MacArthur Foundation research concluded that 45% of global annual emissions are linked to resource consumption

Report: UK must halve resource consumption to tackle climate change and nature loss

If the UK set a legally binding target to halve resource consumption by 2050, it could put itself on track to meet domestic nature and climate targets while also driving progress abroad.

The UK has already lost up to 92% of its seagrass in the last century

Carlsberg and WWF launch seagrass restoration project

Beer giant Carlsberg will team up with WWF on a year-long partnership to restore carbon sequestering seagrass meadows across the UK coastline.

Tesco revealed that it has reduced its emissions by 50% compared to 2015 levels, far outpacing its science-based targets to deliver a 35% reduction

Tesco unveils climate manifesto to assist net-zero target

Tesco has unveiled a new "climate manifesto", pledging to help customers eat more sustainable diets, reducing food waste from farm to fork, and ramping up its efforts to become a net-zero business by 2035.

The pandemic also highlighted that some societies are more at risk from macro-disruption, whether that be disease-based or climate-induced

Why the circular economy is primed to improve social sustainability and value chain resiliency

EXCLUSIVE: The coronavirus pandemic has highlighted the fragility of both society and the sprawling value chains that the economy relies on. Shifting nations to a circular economy could be key in delivering a green recovery that champions sustainable income and environmental stewardship.

The report aims to quantify how robust a net-zero target is by whether it meets the criteria set out by the UN Race to Zero Campaign

One-fifth of world's largest corporates have set net-zero targets

More than 20% of the world's largest corporates, worth sales of more than $14trn, have now committed to net-zero targets, but more transparency and short-term targets are required to navigate potential greenwash issues.

The Government believes the funding will cut more than 70,000 tonnes of carbon annually

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.

Sky will act as the principal media partner for COP26, which is scheduled to take place in Glasgow this November

Daily Climate Show: Sky to launch dedicated climate news programme

Sky is launching a daily news show dedicated to the rising necessity of tackling the climate crisis and the solutions that exist to do so.

The guide is free to download for edie users

What is the role between business and biodiversity? Access edie's new Explains guide

edie has this week published a new downloadable guide outlining all the key considerations for businesses that are looking to incorporate biodiversity into a holistic sustainability strategy.

Nomad Foods will introduce on-pack communications for customers detailing how the partnership is improving biodiversity

Birds Eye owner Nomad Foods launches nature-positive partnership with WWF

Nomad Foods, which owns brands such as Birds Eye, Findus and Green Cuisine, has unveiled a new strategic partnership with WWF that will deliver "nature-positive" farming practices to protect and promote biodiversity while tackling the climate crisis.

Time will tell whether the Review's high-level commitments translate to specific policy changes

Boris Johnson: Climate and biodiversity will be 'UK's top international priority'

Prime Minister Boris Johnson has stated that the UK Government will develop more ambitious climate and nature targets and initiatives as it completes an Integrated review of international policy.

ShareAction’s research states that car manufacturers can align with new vehicle standards by setting a carbon reduction target of 25% by 2025 and 65% 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.

Pictured: Oxford, UK

UK cities leading the way on net-zero and renewable energy, report finds

Almost three-quarters (73%) of the UK's urban population live in towns and cities with net-zero targets and/or strong local policies on renewable energy, compared to a global average of just 25%.

edie Explains: Biodiversity and Business

What is the relationship between biodiversity and business? What are the operational challenges and opportunities surrounding biodiversity? And what steps can be taken to reverse nature loss and restore natural habitats? This free edie Explains guide answers all of those key questions and more.

The likes of Pernod Ricard and Nestle have already enshrined biodiversity into their sustainability strategies

Cutting through complexity: Can biodiversity be embedded into corporate strategies?

In recent months, the importance of biodiversity in combatting the climate crisis has reached a new level understanding, with policymakers and academics peering into this complex topic to try and outline how the private sector can champion it. Here, edie hears from the businesses that have already enshrined regenerative practices into their business model.

 The report combines an array of real-life case studies with expert viewpoints, key facts and stats

Can businesses achieve SDG 13 - Climate Action? Find out in edie's new report

edie has launched its latest SDG Spotlight report, looking at how businesses can transform to help achieve the Sustainable Development Goals (SDGs) post-lockdown, with the latest focusing on Goal 13: Climate Action.

The Government expects the strategy to deliver at least three megatons of captured carbon from industry by 2030

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.

Green groups have largely welcomed the new strategy, but want more details

'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?

SDG Spotlight: How Businesses Can Achieve Goal 13 - Climate Action

edie's latest SDG Spotlight report provides a detailed progress update on how businesses are transforming operations, services and supply chains to deliver Goal 13: Climate Action.

The Council has already approved the project twice, but Jenrick has called for a public inquiry to take place

Government orders public inquiry into Cumbria coal mine

The Government is set to intervene in the controversial plan to open a new coal mine in Cumbria, with a fresh inquiry as to whether it can be opened while keeping to national climate commitments mooted to take place.

One-fifth of net revenue will be reinvested back into The Big Issue

Big Issue launches climate solutions fund as CaixaBank issues €1bn SDG green bond

The Big Issue Group (TBIG) has partnered with Aberdeen Standard Investments to create a new climate solutions investment fund, while Spanish retail bank CaixaBank has issued a €1bn green bond in alignment with the Sustainable Development Goals (SDG).

Thom took his Sustainable Football work full-time in January, leaving his Heathrow role after more than seven years at the airport

Meet edie's 30 Under 30 Class of 2020: Thom Rawson, Sustainable Football

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: Sustainable Football founder Thom Rawson.

BAT has increased renewable energy use to 26%, up 10% from last year

British American Tobacco targets carbon-neutral value chain by 2050

British American Tobacco (BAT) has updated an ambition of becoming carbon neutral across its business by 2030 to now account for its entire value chain by 2050.

Almost one-quarter of the directors analysed have a close link to the fossil fuel sector

'Climate conflict': 4 in 5 UK bank directors have connections to high-emitting corporates

An analysis of the activities of directors at the UK's biggest banks has revealed that almost 80% have close ties to corporates in industries linked to climate change and pollution - which could undermine their net-zero commitments.

Pictured: Jersey City, where Goldman Sachs Tower is located

Goldman Sachs pledges net-zero supply chain by 2030, financed emissions by 2050

Goldman Sachs' chairman and chief executive David Solomon has updated the firm's sustainable finance commitments to target net-zero financed emissions by 2050.

The Colne Valley Western Slopes project will consist of 127 hectares of new chalk grassland, woodland, wood pasture and wetland habitats

HS2 to create 127-hectare biodiversity hotspot to assist carbon reduction efforts

The HS2 project team has announced plans to create more than 120 hectares of new carbon-sequestering grassland, woodland and wetland habitats that will reuse soil and chalk from tunnel excavations.

Pictured: An aerial view of Henkel's headquarters in Düsseldorf, Germany

Henkel targets climate positivity as Nokia unveils 1.5C science-based targets

Persil and Schwarzkopf owner Henkel has committed to delivering a positive climate impact by 2040, in the same week that Nokia unveiled new science-based emissions targets.

Dominic has worked within UK Parliament for five years now, helping the organisation to reduce energy and water consumption and cut emissions across its estate

Meet edie's 30 Under 30 Class of 2020: Dominic Pybus, UK Parliament

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: UK Parliament's energy manager Dominic Pybus.

'Our ESG agenda can't just be a separate layer that sits above what we do day-to-day,' Fraser said in a statement. 

New Citi boss unveils net-zero financed emissions vision

Finance giant Citigroup's new chief executive, Jane Fraser, has unveiled a new commitment to reach net-zero financed emissions by 2050.

Globally, food waste accounts for 8-10% of annual greenhouse gas emissions 

WRAP: Two-thirds of Brits don't see link between food waste and climate change

Better education on the links between food waste and climate change could encourage UK families to reduce the 6.6 million tonnes of food they bin at home every year.

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 technology will remove up to 18,000 tonnes of carbon emissions once it is completed in 2023. Copyright: Borealis

Borealis to cut emissions at Finnish facility through £15m energy efficiency upgrade

Chemicals giant Borealis has unveiled a new €17.6m (£15.1m) investment into regenerative thermal technology that will reduce facility emissions from heating while also saving around 60GWh of energy annually.

Several of the nations that have proposed non-Paris-aligned 2030 targets have longer-term net-zero goals

UN: Global climate pledges will only reduce emissions by 1% this decade

The world is falling "far short" of alignment with the Paris Agreement, despite the fact that many nations have updated their climate targets.

'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.