DEFINITION: A long-term shift in global weather patterns or average temperatures. Scientific research shows that, compared with climate change patterns throughout Earth’s history, the rate of temperature rise the Industrial Revolution is extremely high. Rising temperatures can lead to extreme weather such as droughts, sea level rises and retreating glaciers.
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.
CCC: UK 'has no coherent plan to reduce emissions this decade', despite net-zero pledge
The UK Government has not yet backed up its long-term climate target of net-zero by 2050, often described as "world-leading" by Ministers, with realistic and ambitious delivery plans, the Climate Change Committee (CCC) is warning.
edie launches new business guide on TCFD recommendations
edie has launched an updated Explains guide answering important questions for businesses looking to align their reporting with the recommendations of the Taskforce on Climate-related Financial Disclosures (TCFD).
Addo Food Group targets net-zero emissions by 2035
The owner of food brands such as Wall's, Bowyers and Pork Farms has announced its intention to reach net-zero emissions by 2035 by setting science-based targets across its whole value chain in line with the 1.5C ambition of the Paris Agreement.
Aviva and WWF push UK to mandate climate transition plans for financial sector
British financial institutions should be mandated to outline their plans for decarbonising investments in line with the national net-zero target by the end of 2023, Aviva Investors is recommending.
Climate Crisis Advisory Group: New body launches, modelled after British scientists' Covid-19 initiative
A global group of climate scientists and thought leaders in the field have launched a new independent group, tasked with advising and criticising national governments on their policy response to the climate emergency.
UK's National Infrastructure Bank launches, with tackling climate change as key objective
The UK's National Infrastructure Bank (NIB) is launching in Leeds today (17 June), with Chancellor Rishi Sunak promising that it will funnel billions of pounds into the UK's net-zero transition.
'Votes have jumped dramatically': Why investors are pressing companies to accelerate climate action
The 2021 AGM season saw a flurry of climate-related shareholder resolutions being filed - and passed - at the world's biggest banks and fossil fuel majors. Here, edie interviews the architects of these resolutions to get an inside look at their development and growing success.
'Less talk and more action is needed': Green economy reacts to major climate adaptation report from the CCC
Environmental charities, think tanks and business groups are urging the UK government to take the Climate Change Committee's (CCC) new advice on building resilience to risks including floods, heatwaves and international supply chain disruption.
Cost of climate damage to UK could triple without better adaptation plans, CCC warns
Climate risks to the UK are increasing in number and magnitude more rapidly than expected, with billions of pounds worth of infrastructure at risk in the coming decades.
Polestar and Google to halve emissions and join Race to Zero campaign
Swedish electric vehicle (EV) manufacturer Polestar and technology giant Google are the latest firms that have agreed to halve emissions by 2030 as part of a wider effort to deliver net-zero value chains, by joining the UN's Race to Zero campaign and the Exponential Roadmap Initiative.
UK Government commits to 'nature-positive' future following landmark biodiversity review
Following the publication of the landmark Dasgupta Review, which argued the case for biodiversity considerations to be embedded in all economic decisions by the government, a new commitment for all large infrastructure projects to be 'nature positive' has been made.
G7: What was (and wasn't) agreed by world leaders to combat the climate crisis
From "green Marshall Plans" and net-zero energy sectors to a lack of clarity on green spending and transport decarbonisation, edie rounds up what was and wasn't agreed at the G7 Summit.
G7 final communique: Nations promise coal phase-out and $100bn climate finance
The final agreements from this year's G7 summit have been published, featuring commitments to phase-out coal-fired power generation and get back on track to deliver $100bn of climate finance to less wealthy nations.
'Narrow focus' leaving world off-track on climate crisis and nature loss, major UN report warns
Governments are largely failing to respond to the interconnected nature of global heating and the impending sixth mass extinction, not only leaving the world off-track to meet key goals but making the transition to a sustainable future more expensive and less efficient.
Ikea launches renewables programme for direct suppliers
Ikea has unveiled a new programme that will ensure that all of its direct suppliers are powered by 100% renewable electricity, as the retailer pushes towards its commitment to become 'climate positive' by 2030 by reducing more emissions than the value chain emits.
Carbon-sequestering kelp: Sussex councils team up for major natural capital project
Two West Sussex Councils have applied for permission to create a large 'undersea forest' of kelp - a project they claim will boost biodiversity while sequestering carbon emissions.
Green finance tools and net-zero sector coalitions: CEOs present climate initiatives to world leaders at G7
EY, HSBC and Heathrow Airport are among the 300 businesses presenting three new solutions to help the private sector play its role in tackling the climate crisis to G7 leaders on Friday (11 June).
G7 nations failing to align major stock indexes with climate commitments, report reveals
None of the largest stock indexes operating in G7 nations are aligned with either of the Paris Agreement on climate change's two pathways, according to new research out today (10 June).
Climate change at the G7 Summit: Everything you need to know
World leaders are meeting in Cornwall this week (11-13 June) as part of the G7 Summit. The climate crisis is a key theme for policymakers going into the event, but how much prominence will it have as the world's largest economies attempt to respond to the ongoing coronavirus pandemic?
Bank of England's 'fiendishly complicated' climate stress tests launched for financial sector
The Bank of England has released new information on the requirements of its upcoming climate stress tests, which will require large banks and insurers to measure and disclose climate-related risks.
ABP and National Trust sign up to net-zero investment initiative
Europe's largest pension fund, the Church of Sweden and the National Trust are among six new signatories to a global net-zero asset owner commitment to decarbonise financial portfolios in line with the ambitions of the Paris Agreement.
Unilever announces first €1bn Climate & Nature Fund project
Unilever has announced that the first project to benefit from its flagship €1bn Climate & Nature Fund will be a forest restoration scheme in Indonesia, developed through beauty brand Dove.
McCain commits to regenerative agriculture across all farms by 2030
The UK's largest manufacturer of frozen potato products, McCain, has today (7 June) committed to ensuring that every potato grown across its 370,000 acres worldwide is done so using regenerative agricultural practices by 2030.
Report: Climate change to deliver GDP loss double that of Covid-19 on current policy levels
Nations could experience a loss in GDP double that of the economic crash caused by the coronavirus pandemic, if leading countries do not introduce more ambitious climate pledges, according to a new report warning that the G7 could lose 8.5% of its economy each year by 2050.
G7 agree on 'historic steps' to make climate reporting mandatory
Chancellor of the Exchequer Rishi Sunak met with finance ministers in London this weekend, with discussions leading to a historic agreement that G7 nations will mandate climate reporting in line with the recommendations of the global Taskforce on Climate-related Financial Disclosures (TCFD).
Can the Taskforce on Nature-related Financial Disclosures solve the global ecological crisis?
The Taskforce on Nature-related Financial Disclosures (TNFD) officially launched on Friday (4 June) with an overarching aim to align corporate reporting and financial spending to alleviate nature-related risks. Here, edie explores whether the new initiative can generate enough momentum to deliver tangible change.
Highland Spring commits to net-zero emissions by 2040
The Highland Spring Group has unveiled an ambition to achieve net-zero emissions by 2040, with targets in place to halve emissions by 2030 through soon-to-be-developed science-based targets.
Mondi inks €750m adjustable loan based on SDG performance
Packaging giant Mondi has signed a new €750m revolving multicurrency credit facility agreement (RCF) that will be adjusted based on the company's performance against its sustainability strategy that is aligned to the Sustainable Development Goals (SDGs).
Unilever, Google and Amazon among new Business Alliance to Scale Climate Solutions
Major businesses including Salesforce, Amazon, Netflix, Unilever and Microsoft have formed a new alliance aimed at mobilising funding for scalable climate solutions.
Heathrow Airport adds sustainable aviation fuels to decarbonise flights
Heathrow has incorporated aviation fuel made from waste oils and fats for the first time, as the UK's largest airport seeks to establish proof of concept for the widescale use of Sustainable Aviation Fuels (SAFs) in a bid to reduce emissions from flights.
EU and Japan seal 'green alliance' in bid for climate neutrality
The European Union and Japan have reaffirmed their "shared ambition of reaching net-zero greenhouse gas emissions by 2050" at the conclusion of a bilateral summit which included the signature of an EU-Japan "Green Alliance".
$8trn funding gap: UN report calls for four-fold increase in nature-based solutions investment
The world is facing an $8.1trn financing gap into nature to help combat the climate crisis and ecological breakdown, according to a new UN report that warns that annual investments into nature-based solutions (NbS) need to increase fourfold by 2050.
Prime Minister Boris Johnson urges UK SMEs to make net-zero commitments
Prime Minister Boris Johnson has issued a rallying call to the UK's small and medium-sized (SME) businesses to make small steps to reduce emissions and contribute to the UK's net-zero target for 2050.
World's hottest year on the horizon, new Met Office climate analysis warns
There is a 90% chance that one of the next five years will be the hottest on record, a new report from the Met Office and World Meteorological Organisation (WMO) is warning.
Green Finance Institute chair Sir Roger Gifford passes away
Green Finance Institute chair and senior banker for Skandinaviska Ennskilda Banken (SEB), Sir Roger Gifford, has passed away aged 65.
edie launches new business guide on the circular economy
Organisations looking to accelerate the transition to a circular economy now have access to a comprehensive 'edie explains' guide which breaks down everything there is to know about achieving a zero-waste world.
WWF: UK banks and investors financing projects with double nation's climate impact
UK banks and asset managers collectively financed projects emitting 805 million tonnes of greenhouse gases in 2019 - around twice the UK's annual national carbon footprint.
Investors and businesses urged to address $700bn nature-based solutions finance gap
A new report has warned that a $700bn investment gap into "Nature-based Solutions" needs to be addressed in order to meet wider net-zero goals and combat the climate crisis.
'Engage your suppliers and competitors': COP26 architect urges business collaboration ahead of crucial climate summit
The UK COP26 unit's director of partnerships and engagement, Matt Toombs, used his keynote speech at edie's flagship Countdown to COP26 event to outline exactly how businesses can properly prepare for the crucial talks.
Survey: Sustainability prioritised by less than one-third of UK bank boardrooms
In a survey of 300 executives at some of Europe's biggest banks, less than one-third of UK respondents said their business is framing sustainability and a board-level priority.
Google and Microsoft among businesses backing 24/7 clean energy tracking
More than 100 global companies, including PwC, Microsoft and Google, are taking part in a new worldwide initiative aimed at verifying clean energy sourcing on an hourly basis.
#SustyTalk: Countdown to COP26 with Natural England's Tony Juniper - Environment Bill and nature-based solutions
With COP26 less than six months away, edie has launched a new series of videos with high-level speakers, designed to inspire and empower your preparations for the conference. Up next, Natural England chair Tony Juniper.
Shell shareholders vote against climate activists' net-zero plans
Royal Dutch Shell received overwhelming backing for its own energy transition strategy at its AGM today (18 May), but a shareholder resolution that would have forced accelerated climate action did not pass.
IEA: World must stop petrol and diesel car sales by 2035 for net-zero transition
The International Energy Agency (IEA) has published a landmark report outlining the sweeping changes needed in the power, energy and heat sectors if the world is to have the best chance of limiting temperature increases to 1.5C.
Global transport emissions to skyrocket 16% based on current policies
Global traffic emissions look set to rise by 16% by 2050 based on current policies, as demand for transport activity doubles, according to a new report that is calling for ambitious climate policies to reduce emissions from the sector.
#SustyTalk: Countdown to COP26 with Sky's Fiona Ball - communication and collaboration for climate action
With COP26 less than six months away, edie has launched a new series of videos with high-level speakers, designed to inspire and empower your preparations for the conference. Up next, Sky's group director for Bigger Picture, Fiona Ball.
BP shareholders reject tougher climate targets
More than one-fifth of BP shareholders supported a resolution from climate activists calling on the energy giant to set tougher emission reduction targets for its net-zero transition, but ultimately the filing was rejected.
COP26 will go ahead in person, Alok Sharma confirms
COP26 President Alok Sharma has confirmed that the Government is planning to host the conference in-person rather than on Zoom, stating that face-to-face meeting is important to deliver "an inclusive summit".
'Future generations are relying on us': Businesses urge leaders to prioritise climate and nature at G7 Summit
A string of the world's biggest trade bodies are urging world leaders, including Prime Minister Boris Johnson, to ensure that next month's G7 Summit prioritises the international response to the climate and nature crises.
Cities need $72bn boost to protect residents from climate change, CDP reveals
An analysis of the climate mitigation and adaptation plans of 800 major cities has found that one in four does not have the budget to protect their residents from climate impacts like floods.
edie launches Countdown to COP26 Festival of content and events ahead of crucial climate summit
edie has today (7 May) unveiled a six-month programme of digital content and events which will unite thousands of business leaders, sustainability and energy professionals, policymakers, academics and green groups in the run-up to the COP26 climate talks.
Meet edie's 30 Under 30 Class of 2020: Faye Hyslop, SGN
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: Faye Hyslop, environment manager at SGN.
'World's largest' coral reef restoration project backed by Mars Petcare
Mars Petcare brand Sheba has partnered with The Nature Conservancy to deliver what it claims is the world's largest coral restoration programme, covering more than 185,000 square metres.
Co-op targets carbon neutrality across own-brand food and drink by 2025
In what it claims is a first for a UK supermarket, the Co-op has pledged to ensure that all own-brand food and drink products are carbon neutral by 2025.
Tesco links supplier financial support to environmental goals
Tesco is offering preferential financing rates for suppliers that address their environmental impacts, under a new voluntary programme supported by Anthesis, KPMG and Santander.
Fast-food giants beef up climate commitments following investor pressure
The likes of McDonald's, Domino's and Yum! Brands, which owns KFC, have all improved their climate commitments this year following pressure from an $11trn coalition of investors.
UK green groups form new business alliance to spur corporate race to net-zero
A cohort of UK corporate green groups have formally banded together to launch the UK Business Group Alliance for Net Zero (BGA), in a bid to raise climate action in the build-up to COP26 and to ensure the nation meets its net-zero target for 2050.
Report: What are the business opportunities of COP26?
edie has today (28 April) published a new Explains guide detailing everything you need to know about this year's COP26 climate summit and how businesses can get involved and use the discussions to improve their approach to sustainability and the net-zero transition.
CDP: Three-quarters of finance giants not disclosing climate impacts of portfolios
The average finance firm’s financed emissions will be 700 times higher than those of their direct operations- but just one in four companies are measuring and disclosing them.
edie Explains: The business opportunity of COP26
What is COP26? What are the summit’s aims and desired outcomes? How does the COP process work? And what is the business opportunity before, during and after the talks? This new edie Explains guide answers all of these questions and more.
UK's food and drink sector targets net-zero emissions by 2040
The Food and Drink Federation (FDF), which represents more than 300 companies, has today (27 April) unveiled an ambition on behalf of the sector to reach net-zero emissions by 2040.
Report: Solar and wind can meet global energy demand 100 times over
The tumbling costs of wind and solar can unlock demand that could power the world 100 times over, with a new report from think tank Carbon Tracker finding that renewables are set to push fossil fuels out of the electricity mix by the mid-2030s.
Amazon and Unilever among businesses teaming with governments on $1bn deforestation pledge
A group of businesses including Amazon, Unilever, and Nestlé has joined the UK, US and Norwegian governments in setting up a new public-private initiative committing $1bn to combat the climate crisis through the conservation and preservation of tropical forests across the globe.
Available to watch on-demand: edie's biodiversity webinar featuring Kering and Unilever
Speakers from Kering, Unilever and the Woodland Trust discussed the role of biodiversity in shaping and assisting sustainability strategies on a webinar that took place on Wednesday (21 April). A recording of the sessions is available to watch on-demand.
US sets first 2030 climate goal as Canada and Japan increase targets
US President Joe Biden has unveiled a new 2030 climate target, entailing a 50-52% reduction in emissions against a 2005 baseline. Canada and Japan, meanwhile, have increased their 2030 climate targets.
Breakthrough as EU negotiators clinch deal on European climate law
European Union negotiators reached a deal on the European Climate Law after 14 hours of talks on Wednesday (21 April), allowing the EU to go into this week's US-hosted climate summit with an agreement on the bloc's 2030 target.
From Burger King to Whitbread: Business giants mark Earth Day with new climate targets
Several well-known brands, including Burger King, Ribena, Lucozade and Visa, have marked Earth Day 2021 by announcing new climate targets such as net-zero ambitions.
More than one-third of large companies putting a price on carbon internally, CDP finds
A survey of some 6,000 large businesses on carbon pricing has revealed that more than one-third are using an internal carbon price or are planning to implement one by 2023.
Mark Carney to chair 'Glasgow Financial Alliance for Net-Zero' ahead of COP26
A new initiative from the US and UK Governments, designed to unite the global financial sector on the net-zero transition, has launched, confirming Mark Carney as chair.
'A credible path to net-zero': Green groups react to UK's Sixth Carbon Budget
The Government will seek to reduce emissions by 78% by 2035 as part of a new Sixth Carbon Budget, a decision that has been welcomed by green groups, although some are calling for more detailed action plans.
Sixth Carbon Budget: UK to reduce emissions by 78% by 2035
Prime Minister Boris Johnson has agreed to legislate a new target to reduce national emissions by 78% by 2035, including emissions from international shipping and aviation, following the Climate Change Committee's advice on the Sixth Carbon Budget.
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.
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.