Climate change

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.

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

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

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

The 4 big ideas for net-zero carbon strategies

Experts across energy management came together at edie’s SPARK! 2.0 event to discuss the role that strategy could play in the delivery of net-zero carbon targets.

Chanel is the first unrated issuer to have a public set of bonds linked to sustainability ambitions

Chanel links €600m sustainability bond to science-based targets

Luxury fashion and fragrance giant Chanel has issued a €600m transaction for bonds linked to the company's progress against its 1.5C science-based targets.

The Government is ramping up spending on "greener" forms of housebuilding

Future Homes Task Force to ensure housebuilding is aligned to UK's net-zero target

A new cross-sector Future Homes Task Force is set to establish a multi-million-pound Delivery Hub to assist the built environment sector in improving the environmental footprint of new housebuilding.

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

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

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

Funding from the grant will also enable the farmers to conduct their own research into soil and water usage

Sustainable MacFries Fund: McDonald's to invest in climate-friendly farming practices

McDonald's has launched a "Sustainable MacFries Fund" in partnership with McCain to improve the resilience of British potato farmers, while also collaborating with the Walmart Foundation, WWF and Cargill in the US to improve land use practices.

London, like many UK cities, has set a net-zero target ahead of the 2050 deadline

London and Bristol vow to divest from fossil fuel companies as part of Covid-19 recovery plans

The mayors of 12 major global cities, including London and Bristol in the UK and Berlin, Milan and Oslo in Europe, have committed to "take all possible steps" to divest their city assets from fossil fuel companies.

Morgan Stanley will still have to develop a strategy for meeting its net-zero commitment

Morgan Stanley commits to net-zero financed emissions by 2050

Global banking firm Morgan Stanley has unveiled a new commitment to reach net-zero financed emissions by 2050, while new research reveals that while almost half of the FTSE 100 companies have net-zero commitments in place, they don't yet have detailed strategies to reach these goals.

China accounts for 28% of the world's emissions and almost 10% of global GDP

China's carbon-neutral target for 2060: What does it mean for global climate action?

The world's largest emitting country, China, has pledged to carbon neutrality by 2060, in a surprising yet welcome move that will boost global negotiations on climate action ahead of next year's COP26 summit.

#SustyTalk: WWF's Raymond Dhirani on financing the green recovery

edie's SustyTalk series continues with WWF UK's head of sustainable finance Raymond Dhirani discussing the role of the finance sector in creating a Covid-19 recovery movement that tackles the twin climate and nature crises.

The five days of events will be held digitally for the first time in Climate Week NYC's history

Climate Week NYC: What happened on day one?

With COP26 postponed and many other large climate events postponed, rescheduled or moved online, all eyes are on Climate Week NYC. Here, edie rounds up the key announcements from the first day.

Walmart has also pledged to protect, manage or restore at least 50 million acres of land and one million square miles of ocean by 2030

Walmart targets zero emissions by 2040, won't rely on offsetting

US retail giant Walmart has committed to becoming a zero emissions business by 2040 by pledging to become carbon neutral across its global operations without relying on carbon offsets.

The targets have now been approved by the SBTi as consistent with levels required to meet the climate goals of the Paris Agreement

Tate & Lyle has carbon goals approve by Science Based Targets initiative

Food and drink ingredient supplier Tate & Lyle has had goals to reduce operational and value chain emissions approved by the Science Based Targets initiative (SBTi).

Arup’s net-zero target arrives alongside UK engineering manufacturer Spirax-Sarco’s own net-zero ambition

Arup, Spirax-Sarco and Bolt outline ambitious climate targets

Engineering firms Arup and Spirax-Sarco Engineering have unveiled new net-zero carbon targets, with Arup targeting net-zero emissions by 2030 and Spirax-Sarco aiming for 2040, while mobility platform Bolt aims to become carbon negative by the end of the year.

Previous research proving that nature loss is happening at an unprecedented pace is highlighted in the report

UN: 'Business-as-usual' must be transformed to prevent collapse of nature

The UN has revealed that 14 of the 20 goals set in 2010 to halt the accelerating decline of nature have not been met and is urging governments, businesses and individuals to accelerate habitat and biodiversity restoration.

Facebook is used by more than three billion people globally

Facebook launches climate science information centre, targets net-zero value chain by 2030

Facebook has launched a dedicated digital space where users can access “factual and up-to-date” information on climate science, modelling the tool after its Covid-19 information centre.

The call to action comes as the EU is set to negotiate on the 2030 target, with the European Parliament's environment committee voting for a new EU-wide target of a 60% reduction by 2030

Business and investor giants urge EU to raise 2030 emissions target

More than 150 businesses and a group of investors with €33trn in assets under management have today (15 September) called on the European Union (EU) to back the ambitions set out in its Green Deal by committing to reduce greenhouse gas emissions by at least 55% by 2030.

The paper is the first step in an effort to ensure that corporate net-zero targets are aligned to climate science and efforts to deliver a net-zero world by no later than 2050

SBTi kickstarts process on global standard for science-based corporate net-zero targets

The Science Based Targets initiative (SBTi) has issued its first guidance on what will ultimately lead to the development of a new global standard to ensure that corporate net-zero carbon targets are aligned with climate science.

Companies receiving the letter collectively account for 80% of industrial greenhouse gas emissions generated globally each year

Investors covering $47trn ask world's highest-emitting corporates to prove net-zero alignment

An initiative involving 500+ investors representing $47trn in assets has asked 161 of the world's largest corporate emitters, including fossil fuel and mining giants, requesting that they commit to net-zero targets and prove they are changing their business models and processes accordingly.

The end game, regardless, would be to achieve climate neutrality by 2050

EU lawmakers up the ante, vote for 60% climate target for 2030

The European Parliament's environment committee has voted for a new EU-wide target to reduce carbon emissions 60% by 2030, setting the stage for tough negotiations with EU countries and the European Commission, which is expected to propose a 55% goal next week. EURACTIV Germany reports.

Sharma was quizzed on the UK's roads programme, green buildings grants and COP26 preparations 

Alok Sharma promises 'joined-up thinking' on net-zero policy, but examples remain scarce

Business Secretary Alok Sharma delivered rhetoric that the Government will approach the net-zero emissions commitment for 2050 through a "joined-up thinking" approach, but was unable to confirm any concrete policy announcements that would ensure fossil fuels aren't locked into the future economy.

If natural disasters occur at the same rate recorded over the last 30 years, 1.2 billion could be displaced globally by 2050

Climate crisis to cause mass population displacement and growth in refugees, report finds

The ecological and climate crises are on course to displace more than 1.2 billion people by 2050, as natural disasters, food shortages and water scarcity create mass disruptions to global migration trends.

The report specifically calls for an overhaul on how the public engages with land and air transport, while encouraging them to eat healthier diets and gain access to more technologies to reduce household emissions

Choice and information: UK citizens' assembly outlines policy and lifestyle overhauls for net-zero transition

The first UK-wide citizens' assembly on climate change, Climate Assembly UK, has issued a list of recommendations as to how travel, diets, power generation and building use can be revamped to help society transition to net-emissions by 2050.

#SustyTalk: Velux's Ingrid Reumert on lifetime emissions and the ecological crisis

edie's SustyTalk series continues with Velux's VP for global communications, sustainability & public affairs Ingrid Reumert discussing how the window and blind manufacturer plans to account for its historic carbon emissions in order to become "lifetime carbon neutral".

Backsliding on existing negotiations could see the UK weaken existing environmental policies

Is Brexit at odds with the UK's net-zero emissions target?

The Government's Brexit negotiations could set the nation up to miss its net-zero commitments, with Boris Johnson's intention to renegade on parts of the Withdrawal Agreement sparking fresh concerns about law-bound efforts to combat the ecological and climate crises.

The whitepaper notes that the UK’s future energy system will have to be supported by technologies still in their infancy - carbon capture and storage (CCS), energy storage and hydrogen production

UK slipping behind on build rate required for net-zero target

The UK is achieving less than half of the required build rate to deliver energy systems that will reach net-zero emissions by 2050, according to a new whitepaper from engineering consultancy Atkins.

Solutions could help the UK become a leading market for smart energy, mobility, connected homes and buildings and climate modelling scenarios

Climate crowdsourcing: Government urged to put digital technology at heart of net-zero strategy

A new report has called on the UK Government to secure a windfall of the emerging digital climate tech sector by embracing low-carbon innovation through policy measures - a move which could help slash emissions and add billions to the UK economy.

Scottish Parliament, Edinburgh

Scotland commits £1.6bn for national green recovery

The Scottish Government has outlined a new £1.6bn spending framework that will form part of an enhanced New Deal for the country that will improve biodiversity, slash emissions from heating and buildings and support 5,000 low-carbon jobs.

Earlier this year, Microsoft unveiled a bold new plan to reduce its carbon impact to below net-zero by 2030

Microsoft joins European Corporate Leaders Group

Microsoft has joined the European Corporate Leaders Group (CLG Europe) to lobby for ambitious climate policy across the continent, with the European Union (EU) recently pushing for a carbon-neutrality goal.

The tool will map physical and transition risks across a number of scenarios

Amazon, Microsoft and Allianz among corporate founders of new climate-risk-focussed data initiative

Amazon, Microsoft, Allianz and S&P Global have signed on as founding corporate members of a new initiative harnessing digital technologies to improve climate risk analysis and boost financing for low-carbon solutions.

In addition, the Ingka Group has confirmed it will implement a “zero-fossil fuel approach” to spending and procurement

Ikea owner commits €600m in sustainability investing over next 12 months

Ingka Group - the business owner of Ikea - will commit €600m in sustainability investments, including a "zero-fossil fuel" approach, to assist with Ikea's overall ambition of becoming "climate positive" by 2030.

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

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

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

The Green Recovery Business Roadmap

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

The protestors are calling for MPs to back the Climate and Ecological Emergency Bill

Extinction Rebellion: Two weeks of climate protests kick off as Parliament returns

Extinction Rebellion (XR) has this week begun a two-week programme of in-person demonstrations across cities including London, Manchester and Cardiff, timed to coincide with the reconvening of Parliament after the summer recess.

Enough carbon will be captured to account for Velux's lifetime emissions across all Scopes. Image: WWF

Velux partners with WWF to capture lifetime carbon emissions

The Velux Group has pledged to offset 100% of its carbon emissions in the future and to capture the equivalent of its historical carbon footprint using nature-based climate solutions by 2041.

The Sustainability Reporting and Communications Handbook 2020

Updated in September 2020, the Sustainability Reporting and Communications Handbook provides expert advice on engaging key stakeholders with your sustainability strategy; along with fresh insights to shape, deliver and share a compelling sustainability report.

Humans are responsible for at least 75% of all wildfires, the report highlights

Climate change and agriculture driving record levels of deforestation, WWF report finds

Climate change and agriculture are fueling record levels of deforestation in the Brazilian Amazon, with fires in the area 33% higher over that last 12 months than the previous year.

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

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

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

Schemes will be required to follow the TCFD's framework

UK's largest pension schemes set for mandatory climate risk reporting

UK pension schemes will be mandated to disclose the climate-related risks posed to assets in their portfolios by the end of 2022, the Department for Work and Pensions (DWP) has said.

Pictured: Davos, the event's host town

Davos delayed: World Economic Forum postpones 2021 event over Covid-19 concerns

The World Economic Forum (WEF) has postponed the 2021 iteration of its namesake conference in Davos, Switzerland, due to the Covid-19 pandemic.

Image: Ron Fassbender

Samsung faces youth climate protests over involvement in new Vietnam coal plant

Climate protestors have gathered outside Samsung's flagship UK store on Oxford Street this morning (21 August), calling on the firm to halt plans to help build a new coal-fired power plant in Vietnam.

The EV100 has spurred the adoption of 80,000 low-carbon vehicles

Dixons Carphone to convert to electric and alternative fuel fleet by 2030

Dixons Carphone has signed up to the Climate Group's EV100 initiative, pledging to switch its commercial fleet to electric and alternative fuel vehicles by 2030 and to transition more than half of its medium duty vehicles.

The Presidency, headed by Alok Sharma, seems to be keen to avoid accusations of greenwashing

UK Government starts search for corporate COP26 sponsors

The UK's COP26 presidency has outlined its sponsorship criteria for the conference, stating that it is only looking to work with businesses with "ambitious" net-zero targets.

Plan B’s director Tim Crosland argued that the decision remains a “fundamental breach of the social contract” and is working to file a claim with the courts

Treasury defends lack of 'green strings' tied to corporate Covid-19 relief packages

The Government has defended its decision to issue billion-pound bailouts for carbon-intensive companies and sectors, with the Treasury hitting back at accusations that the Paris Agreement and the climate crisis had been cast aside, but a court case still looms.

Currently, around 95% of global hydrogen production comes from fossil fuel feedstocks

Hydrogen deployment could deliver 75,000 jobs and £18bn boon for UK economy

Utilising hydrogen production could generate £18bn for the UK economy and support more than 75,000 jobs over the next 15 years, according to a taskforce backed by the likes of Shell and BP.

McCain is also supporting British potato growers from the impacts of Covid-19

McCain to invest £25m to support sustainable farming

The UK's largest manufacturer of frozen potato products, McCain, has today (12 August) launched a new £25m investment to support British potato farmers during the coronavirus pandemic by encouraging sustainable growing practices.

The Commission had previously recommended 50% renewables by 2030, in line with the old Climate Change Act and with historic pricing

National Infrastructure Commission: Renewables could meet two-thirds of UK's energy demand by 2030

The National Infrastructure Commission has stated that up to 65% of the UK's energy demand could be met by renewable generation within a decade - increasing the proportion from 50% in previous forecasts to account for falling costs.

The letter is the latest in a string of calls to "build back better"

Purpose-led business 'key' to green Covid-19 recovery, say top CEOs

The chief executives of Danone, L'Oreal and Philips are among the signatories of a new open letter calling for the creation of an economic system that "puts purpose first, so our planet and society can thrive", through Covid-19 recovery efforts.

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

Bank of England accused of 'missing significant green recovery opportunity'

Greenpeace and other climate campaigners have accused the Bank of England of backsliding on its green finance commitments and are calling on it to stop providing extensive support to high-carbon sectors as part of its Covid-19 recovery process.

The ‘Race Against Climate Change Live’ summit featured an array of sports stars and climate experts

Greenest team on the greenest grid: Can carbon-neutral racing energise the climate debate?

EXCLUSIVE: With Formula E team Envision Virgin Racing confirming that it has achieved carbon-neutral status, the company's managing director Sylvain Filippi believes the sport can use its platform to showcase "exciting" low-carbon solutions to inspire a broad audience.

Currently, around 95% of global hydrogen production comes from fossil fuel feedstocks

Government urged to ramp up hydrogen spending through national strategy

The Environmental Audit Committee (EAC) had called on the Government to implement a Hydrogen Strategy to assist in decarbonising carbon-intensive sectors, in the same week that the National Grid announced plans to build a new hydrogen testing facility.

The supply chain can account for more than 90% of a company's environmental footprint

Scope 3 and the supply chain: How businesses are taking sustainability leadership to a new frontier

Not too long ago, sustainable leadership was defined by those 'getting their own house in order' through emissions reductions, but as the pace required to reduce emissions grows, so too does the efforts from businesses to assist the supply chain in decarbonising. Here, edie looks at some of the transformational ways businesses are engaging with suppliers.

The targets form Dropbox's first climate strategy since it was founded in 2007

Dropbox targets carbon neutrality and 100% renewable electricity within a decade

File hosting firm Dropbox has pledged to achieve carbon neutrality for direct, power-related and business-travel-related emissions by 2030, as part of a sweeping new sustainability strategy.

ITV has committed to Albert certification for programmes across all of its channels, and aims to achieve this by the end of 2021

ITV commits to 46% reduction in emissions through 1.5C science-based targets

Broadcaster ITV has outlined new targets to reduce emissions by more than 46%, reach 100% renewables and certify its studios and programmes to sustainability standards.

The blueprint will be fine-tuned before the end of 2020

Major investors to pilot new net-zero framework on $1.3trn of assets

Standard Life and the Church of England Pensions Board are among a coalition of investors trialling what has been described as the world's first blueprint for aligning investment portfolios with the Paris Agreement on climate.

The handbook is free to download

edie launches new handbook on ESG excellence and best practice

edie has published a new handbook outlining the key considerations and best practice advice to collecting and compiling Environmental, Social and Governance (ESG) data that investors are increasingly looking for, in order to spur the green recovery.

The ESG Handbook 2020: Spurring the green recovery

Green finance and ESG investing were reaching a tipping point, then the coronavirus pandemic swept across the world. The virus hasn’t so much as tipped the scales towards ESG investing but rather poured most of the world’s financial system towards it.

The webinar is now available on-demand

How can businesses boost climate disclosure and green investment in line with changing demands?

Investors and consumers alike are demanding more information on business-related climate risks and whether corporates are spending significant sums on decarbonisation - and this trend is likely to accelerate because of Covid-19. So, what is best practice on investment and disclosure, and how should businesses implement these approaches?

The new investor group will focus on improving corporate understanding and action on the materiality of climate risk

Private equity investors launch Paris-aligned climate disclosure framework

A group of private equity investors have launched an international network committing to engage with corporates in reducing carbon emissions in line with the needs of the Paris Agreement.

The pilot will assist Defra’s 25-year Environment Plan, which includes a commitment to increase tree planting across the UK to 30,000 hectares per year by 2025

Vodafone and Defra launch IoT tree monitoring system to inform climate policy

Vodafone has enrolled in a new partnership with the Department for Environment, Food and Rural Affairs (Defra) to use Internet of Things (IoT) technology to monitor and research tree growth to assist in tackling the climate crisis.

Regenerative Organic farming builds healthy soil to trap in more carbon and the Certification also focuses on social prosperity for farmers

Patagonia ups regenerative agriculture efforts

Outdoor clothing company Patagonia has launched new campaigns to highlight the benefits of regenerative organic agriculture in tackling the climate and ecological crises, having launched a new range of cotton T-shirts sourced from farms promoting sustainable agriculture methods.

Spearheaded by Net-Zero Live, the month will include an array of net-zero-themed exclusive interviews, downloadable guides, reader blogs, webinars and podcasts

edie's Net-Zero Live 2020 goes virtual as part of bumper month of inspirational content

edie's annual exhibition, Net-Zero Live 2020, will take place virtually over three days in November, as part of a themed month of digital content dedicated to accelerating climate action and helping business build back better.

The webinar is available to watch on-demand

Available to watch on-demand: edie's sustainable investment webinar featuring ING and BlackRock

Sustainable finance experts from BlackRock Investment Stewardship, ING and Tideway appeared in edie's webinar focused on sustainable investment and climate disclosure, which took place Wednesday 29 July. The recording is now available to watch on-demand.

The IEA is forecasting an 8% year-on-year decline in coal generation - but government recovery plans could result in the coal sector rebounding

Report: Governments collectively failing to deliver net-zero-aligned coal phase-out

Coal accounted for 40% of carbon emissions from energy use last year and this trend is unlikely to be stopped by existing commitments from national governments - including so-called 'green' Covid-19 recovery strategies.

Nest has more than nine million members

UK's largest pension scheme charts pathway to net-zero

The Government-backed National Employment Savings Trust (Nest) scheme is set to begin divesting from fossil fuel projects immediately, as part of a new roadmap designed to ensure its operations are aligned with the UK's net-zero target.

In a letter to Environment Secretary George Eustice, the Committee has outlined the importance of keeping to the level playing field in order to strengthen relations with the EU

Lack of trust could derail EU UK environment agreement

A group of MPs has urged the UK Government to overcome barriers to enshrining strong environmental legislation as part of trade agreements with the European Union (EU), warning that a lack of trust between the two parties could derail a common goal to combat the climate crisis.

Banks have faced mounting pressure to disclose and reduce the climate impact of their financing in recent times, by groups such as Extinction Rebellion

NatWest to disclose the climate impacts of projects it finances

NatWest Group has pledged to halve the climate-related impacts of its financing by 2030, after becoming the first major UK bank to join the Partnership for Carbon Accounting Financials (PCAF).

Morgan Stanley will attempt to drive engagement with a new global standard across its sector

Morgan Stanley to disclose climate impact of investments

Morgan Stanley has become the first US-based global bank to commit to measuring and disclosing the environmental impact of its investment portfolio and loan offerings and will join a global partnership to drive climate action across the global accounting sector.

Apple has committed to sharing its approach and progress towards carbon neutrality through a roadmap that will be shared with other companies

Apple targets net-zero emissions across operations, value chain and products

Apple has announced major plans to become net-zero emissions across its business, supply chains and products by 2030, pledging to reduce emissions by 75% and develop carbon removal solutions for the remaining 25%.

The guide is free to download

edie launches new business guide on Taskforce on Climate-related Financial Disclosures

edie has launched a new Explains guide outlining the key considerations and answering important questions for businesses looking to align their reporting with the recommendations of the Taskforce on Climate-related Financial Disclosures (TCFD).

The updated deal raises spending on climate action from 25% to 30%

Coronavirus: EU's recovery deal lacking climate spending accountability, green groups warn

Following four nights of negotiations, the European Union (EU) has agreed its biggest joint borrowing plan ever recorded, pledging €750bn to a coronavirus recovery package, but green groups have expressed concerns that focus and accountability on green spending have "taken a battering".

The companies are now engaging with the Bank of England, the Financial Conduct Authority and the Competition & Markets Authority on a set of recommendations 

Bankers for Net-Zero: Banks sign up to steer UK green recovery

Barclays and Triodos are amongst the first five banks to sign up to a new commitment exploring how the banking sector can fund the net-zero transition to deliver a green recovery in the UK.

#SustyTalk: Ed Cox of the West Midlands Combined Authority on the green recovery

edie's #SustyTalk interview series continues with an exclusive interview with the West Midlands Combined Authority's director of public service reform Ed Cox.

The UK’s net-zero emissions target for 2050 will require every household to replace their heating system with lower carbon alternatives

Government urged to ratchet up spending into household energy efficiency

The UK Government has been urged to implement a Home Improvement Plan to facilitate more than £5bn in annual spending to improve the energy efficiency of the UK's housing stock to contribute to the net-zero target for 2050.

The net-zero target builds on a 26% reduction in carbon emissions and a 23% reduction in energy intensity recorded by M&G Real Estate since 2012

M&G Real Estate sets out net-zero commitment

M&G Real Estate has unveiled new carbon reduction targets, committing to reaching net-zero emissions across its operations by 2030 and its real estate portfolio by 2050, in line with the Government's net-zero target.

Plan B argues the funding set aside for a green recovery is less than what has been issued to climate-wrecking projects and industries

Government threatened with legal action over coronavirus recovery package

The UK Government is facing another court challenge over climate-wrecking policy decisions, with UK-based Plan B threatening legal action over the recent coronavirus recovery package, calling it a "new deal for polluters".

Industry accounts for around 30% of global carbon emissions

UK among nations calling for low-carbon industrial transition to spur job growth

The UK has joined seven other nations in calling for industrial transitions to be delivered in a way that delivers new jobs and is in alignment with ongoing efforts to tackle the climate crisis.

Currently, climate action is consistent with limiting warming to 3.2°C by the end of the century

Translating targets into temperature: CDP launches new ratings system for climate crisis

CDP has today (7 July) launched a new set of ratings gauging the temperature pathway of investment portfolios, funds and stock indices in order to outline future climate-related risks to investors.

Just 1 in 10 UK businesses assessing climate risk as a priority, survey reveals

A survey of more than 500 businesses has revealed that while three-quarters are concerned about climate-related risks, just one in ten consider measuring and disclosing their climate-related risks a priority.

The Treasury will reveal more details around the recovery package next week, and is under mounting pressure to ensure that it is "green"

Brits believe a non-green Covid-19 recovery would be bad for the economy, cross-party survey reveals

A survey of more than 2,000 UK voters, in which all major political preferences were accounted for, has revealed that the majority of Brits want a "green" recovery from Covid-19, in which measures designed to boost the economy also serve to reduce pollution and emissions.

#SustyTalk: PepsiCo's Chris Daly on climate action in the time of Covid-19

edie's #SustyTalk interview series continues with PepsiCo Europe's vice president for supply chain, Chris Daly, who provides insight as to how the food & beverage sector is managing the twin challenges of Covid-19 and climate action.

Grocery, food-to-go and fashion retailers are particularly well-represented in the cohort

20 UK retailers to jointly plot course to net-zero ahead of national deadline

Boots, Next and Marks & Spencer (M&S) are among the 20 major retailers who have this week pledged to jointly develop a net-zero roadmap for the retail sector, with a target more ambitious than the national 2050 requirement.

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

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

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

The changes will be a balm to airlines, whose profits have tumbled in recent months, but a disappointment to many green groups

CORSIA: UN agrees to airlines' Covid-19 pleas on offsetting scheme

The UN's International Civil Aviation Organisation (ICAO) has agreed to change some facets its global carbon offsetting scheme, after airlines requested more leeway to weather the impacts of the coronavirus pandemic.

The company has also committed to sourcing 100% renewable electricity 

Barratt Developments sets net-zero target for 2040

The UK's largest housebuilder, Barratt Developments, has built on recently announced science-based targets by committing to achieving net-zero greenhouse gas emissions by 2040.

Johnson will confirm that the National Infrastructure Strategy will be published this Autumn

Boris Johnson's New Deal for Britain yet to align with green recovery calls

Prime Minister Boris Johnson will announce a multi-billion-pound "New Deal for Britain" that prioritises jobs and infrastructure growth to respond to the economic crash caused by Covid-19, but following months of calls for a "green recovery," the environment is largely absent from the plan.

The commitments will be supported through the Science Based Targets initiative

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

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

The CCC submitted its broader Covid-19 recovery principles to Parliament in May

CCC: Covid-19 recovery a 'once-in-a-lifetime opportunity' to spur net-zero transition

Producing a Covid-19 recovery plan which is fully aligned with the UK's 2050 net-zero climate target is "absolutely necessary and entirely possible" with strong coordination across Whitehall, Ministers have been told by the Committee on Climate Change (CCC).

The specifics of the €750bn package are still being finalised

EU recovery fund leaves €1.6trn investment gap towards climate targets, experts say

Calculations by experts show that the EU's planned economic rescue package, worth €750bn, is nowhere near enough to achieve the bloc's climate targets. Even in the best-case scenario, only one-third of the costs would be covered.

Other cities and nations have included investments in active travel in their recovery packages

Climate Assembly: 79% of Brits want Covid-19 recovery package tied to net-zero

A survey of the members of the UK's Climate Assembly, who were chosen to resemble the national population in terms of both social demographics and views on environmental issues, found that almost eight in ten want net-zero alignment embedded in all facets of the upcoming Covid-19 recovery package.

According to the survey, 10% of the public consider water consumption a key environmental consideration

'Great British Rain Paradox': Public unaware of UK's water scarcity

The risks of climate change and population growth on water scarcity in the UK remain hidden, with a new survey of 2,000 Brits revealing that water consumption is low down on the priority agenda for environmental concerns.

97% of respondents said their employers were sticking to existing long-term goals 

Survey: Corporates maintaining long-term sustainability plans despite Covid-19 crisis

The vast majority of sustainability professionals do not believe their employer will backtrack on long-term sustainability plans, in spite of the challenges posted by the Covid-19 pandemic, a new survey from The Climate Group has concluded.

The NHS accounts for around 4% of the UK's annual emissions

NHS 'not prepared' for net-zero transition or climate change health impacts, MPs warn

The Government must better support the NHS to go fossil-fuel-free and to adapt to the impacts of global warming and nature loss on public health, MPs on the Environmental Audit Committee (EAC) are warning.

The new commitments will also focus on supply chain emissions and regenerative practices 

Unilever launches €1bn climate and nature fund, targets net-zero emissions by 2039

Consumer goods giant Unilever has unveiled a new set of sustainability commitments, pledging to end its contribution to deforestation, promote regenerative agriculture, transition to biodegradable ingredients and reach net-zero emissions for products by 2039 - all supported by a new €1bn Climate and Nature fund.

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

Tetra Pak targets net-zero value chain by 2050

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

The Airport claims it has been working since the recent Heathrow court ruling to examine how the expansion can be deliver in line with the Paris Agreement

Luton Airport to become 'most sustainable airport' by 2040

London Luton Airport has revealed an intention to become the UK's "most sustainable airport" by 2040, claiming that a planned expansion can be delivered in line with the ambitions of the Paris Agreement.

Fossil fuel majors are believed to have received more than £2trn in finance since the Paris Agreement was ratified

Report: Global carbon budget will be exhausted in 15 years without fossil fuel finance overhaul

Without drastic action from banks, policymakers and regulators, the world risks becoming stuck in a "climate finance doom loop", whereby financial systems support the organisations contributing most to environmental changes which undermine their very security.

he 1,051 companies contacted account for $8trn in market capitalisation and are estimated to emit more than 4,800 megatonnes of carbon

Investors target Facebook, Nintendo and other business giants over climate disclosure

More than 1,000 multinational companies have been contacted by a group of more than 100 investors, calling for relevant data on environmental performance and stewardship to be disclosed to CDP.

R&D spend to will be used to develop more efficient solutions to combatting climate change

Rolls-Royce commits to net-zero carbon operations by 2030

Manufacturing giant Rolls-Royce has announced an intention to become a net-zero carbon business by 2030, alongside a wider ambition to enable sectors it sells to in becoming net-zero by 2050.

Investors are becoming increasingly vocal on the need for a green recovery from the pandemic that does not lock in fossil fuels to the future economy

Investors worth €11trn call for European green recovery from Covid-19 pandemic

More than 100 investors have written to European business and finance leaders, calling on them to ensure the delivering of the bloc-wide Green Deal and deliver a green recovery from the coronavirus pandemic.