Climate Change Agreement
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.
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.
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.
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.
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.
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).
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.
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.
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 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.
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 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.
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.
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.
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.
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.
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.
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.
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.
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 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.
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.
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.
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.
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.
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.
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.
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 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.
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.
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.
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.
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.
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.
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.
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.
'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.
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.
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.
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.
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.
'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.
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.
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).
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.
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.
'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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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 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?
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.
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 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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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".
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.
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.
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 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.
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.
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.
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.
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 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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.