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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The EU and China have emerged as leaders of the COP21 agreement Image: UNclimatechange

China, EU reaffirm Paris climate commitment, vow more cooperation

China and the European Union on Monday reaffirmed their commitment to the Paris climate change pact and called other signatories to do the same, saying action against rising global temperatures had become more important than ever.

According to the report, 630 million people in urban slums have no cooling to protect them against heatwaves

One billion people without access to efficient cooling technology, says report

With the global heatwaves setting record high temperatures around the world in recent weeks, a new report warns that more than 1.1 billion people globally don't have access to some form of cooling.

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The Irish fossil fuel divestment bill was passed in the lower house of parliament on Thursday

Ireland becomes world's first country to divest from fossil fuels

The Republic of Ireland will become the world's first country to sell off its investments in fossil fuel companies, after a bill was passed with all-party support in the lower house of parliament.

On the Mission Possible sofa with the ECIU's Richard Black and RSPB's Melanie Coath

The seventh episode of our new sustainable business chat show sees the Energy & Climate Intelligence Unit's (ECIU) director Richard Black joined by RSPB's senior climate change policy officer Melanie Coath to discuss whether legislation is enabling or hindering the uptake of renewables in the UK.

The funding is helping to drive climate action initiatives in developing nations

UK’s climate fund to support developing nations reaches £4bn

The UK has mobilised more than £4bn in public and private funding towards tackling climate-related challenges in developing countries since 2011, reducing or avoiding more than 10 million tonnes of greenhouse gas (GHG) emissions as a result, according to new Government figures.

The group of ten European mayors are part of a wider coalition of 9,000 cities worldwide, which have committed to reduce their greenhouse gas emissions by 40% by 2030

Mayors urge EU to aim for net-zero emissions by 2050

The mayors of ten major European cities -including Paris, London, Milan and Barcelona - have issued a joint call for the EU to achieve net-zero carbon emissions by 2050, in line with the Paris Agreement.

The rise of electric cars, which the government is banking on to displace conventional cars and cut air pollution and greenhouse gas emissions, poses a double whammy for oil companies

Shell would support UK bringing forward petrol ban from 2040

Shell, one of the world's biggest oil and gas companies, has backed calls for the UK to bring forward its 2040 ban on new petrol and diesel car sales.

Mission Possible Workshops report: 8 key sustainable business challenges, and how to solve them

This edie insight report, produced in association with E.ON, showcases the outputs of eight interlinked workshop discussions which saw groups of sustainability and energy professionals solve key challenges that they face on their respective missions to achieve a sustainable future.

The £420bn in required funds is part of a £1.8trn investment need covering telecommunications, airports, ports, rail, roads and water by 2040

Developing nations faced with huge climate-mitigation bill

Infrastructure investments totalling £470bn are needed across 10 African countries in order to enable national commitments to the UN Sustainable Development Goals (SDGs), while up to £127bn may be required for developing countries to adapt to the impacts of climate change.

The report found that the transport, heat, agriculture and built environment sectors were making slow decarbonisation progress

Reaction round-up: What does the green economy make of the Committee on Climate Change report?

In the wake of a new Committee on Climate Change (CCC) report, which predicts that the UK will miss its future carbon budgets, the green economy is calling on the Government to take bolder actions to decarbonise the transport, heat and agriculture sectors.

The government’s pledge to end the sales of pure petrol and diesel cars by 2040 is far too unambitious, Lord Deben said

Lord Deben: Housing and car industries should be 'ashamed' of climate record

The homebuilding and carmaking industries "should be ashamed" of their efforts to tackle global warming, according to the UK government's official climate change adviser.

To provide the same level of generation through offshore wind would cost ‘at least’ £31.5bn less to build

Government says no to Swansea tidal lagoon

The government will not back plans for Swansea's pioneering tidal lagoon power plant based on figures showing that nuclear and offshore wind can generate the same amount of electricity at a third of the cost.

The document has been issued in the build up to the UN Climate Summit set to take place in September 2019 in New York to review the Paris Agreement commitments

UK among nations to pledge stronger climate ambition

The UK has joined 22 other countries in signing a pledge to explore the potential to step up their climate commitments before 2020 and calling for other nations to do the same.

Miliband, who is now the Labour MP for Doncaster North, claimed that the 2008 Climate Change Act was no longer

Ed Miliband pushes for net-zero emissions goal ahead of UN summit

EXCLUSIVE: Former Labour leader Ed Miliband has called on the UK Government to build momentum towards the next UN climate summit by enshrining a new net-zero emissions target for 2050.

CAN Europe said no single EU country is performing sufficiently well in both ambition and progress towards reducing carbon emissions

EU countries 'off target' on carbon emissions: report

Most European nations are set to miss their carbon reduction pledges made as part of the Paris Agreement, according to a new ranking of "good", "bad" and "ugly" countries published today (18 June) by Europe's leading NGO coalition on climate change.

Legal and General said divestment is a

Legal and General divests from climate change 'laggards'

Insurance giant Legal and General Investment Management (LGIM) has committed to divest from a host of companies it believes are showing "persistent inaction" on addressing climate risks, removing the firms from its Future World Fund.

Agriculture plays a key role in climate action – both in avoiding heat-trapping greenhouse emissions and building resilience to the impacts of climate change

WWF: Agriculture can deliver 30% of climate solutions by 2030

The agricultural sector can provide up to 30% of the solutions needed by 2030 to tackle the global climate crisis, a new WWF-led initiative has claimed.

Scotland is on course to meet its 2020 Climate Act target

Scotland outpaces rest of UK in carbon reduction, halving emissions since 1990

Scotland has met its statutory annual climate change target for the third consecutive year, achieving a 49% reduction in greenhouse gas (GHG) emissions against a 1990 baseline.

“Together we believe that the full implementation of the Paris Agreement means much deeper emission cuts than currently planned,”

Businesses, NGOs make joint plea for higher EU ambition on climate change

A unique coalition of businesses and investors representing over €21 trillion in assets have joined forces with local authorities and civil society groups to urge EU leaders to accelerate the transition to a zero-carbon economy in order to keep global warming below 2°C.

The summit has failed to produce a climate agreement with President Trump for the second year running

Paris Agreement ‘G6’ formed as Trump skips climate meetings

As the G7 summit in Canada came to a close, leaders of the so-called "G6" nations reaffirmed their commitment to the Paris Agreement, while President Trump asserted that the US would instead prioritise energy security and economic growth over carbon reductions.

First launched 10 years ago in France, the Harmony scheme provides farmers with a financial incentive to conserve water, protect biodiversity and reduce carbon emissions

Mondelez to use 100% sustainably-sourced wheat in EU

Confectionary giant Mondelēz International has committed to making 100% of the biscuits it manufactures in the European Union with sustainably-sourced wheat, a 40% increase from the company's biscuit production last year.

Brown called for universal and standardised report by all governments across the globe by 2030

California Governor challenges major businesses to report on climate impact

The likes of Amazon, Facebook and Caterpillar have been challenged to measure their climate impact by California's Governor Jerry Brown.

The findings suggest that a rapid decline in fossil fuel demand is no longer dependent on stronger policies

'Carbon bubble' could spark global financial crisis, study warns

Plunging prices for renewable energy and rapidly increasing investment in low-carbon technologies could leave fossil fuel companies with trillions in stranded assets and spark a global financial crisis, a new study has found.

The EAC does not believe that a voluntary approach will be effective in the medium-term

MPs urge UK Government to make climate risk reporting mandatory

Ministers have urged the UK Government to make it mandatory for companies and asset owners to report on climate-related risks by 2022 in order to "fix" the short-term mindset of the current financial system.

G7 governments provided at least $80.62bn in fiscal support and $19.54bn in public finance for fossil fuels in 2015 and 2016

G7 countries pour $100bn a year into oil, gas and coal: study

Each year, at least $100bn goes to support the production and consumption of oil, gas and coal, according to a major new study published on Monday (4 June). That is despite a promise from all G7 and G20 members to stop subsidising fossil fuels by 2025.

The Unfriend Coal report accuses 25 of the world’s largest insurers of continuing to invest in ‘dirty’ tar sands and coal energy projects

Top pension funds and insurers failing to engage with climate risks

Some of the UK's biggest pension funds are failing to address climate-related impacts, while 25 of the world's largest insurance brokers continue to invest in coal or tar sands projects, two damning reports have claimed this week.

Cheshire claimed that sustainability issues would be dealt with as nationally and globally “important” post-Brexit

Does Brexit offer the chance for UK to push climate action to new heights?

Despite mounting fears over the potential threats Brexit poses to the UK's green economy, industry leaders have claimed that leaving the EU could provide the nation with opportunities to innovate in order to remain a global leader in the sustainability sphere.

Six of the top ten supplier leaders are based in Europe

'High risk' meat and fish sector failing to combat climate-related business risks

More than half of global meat and fish suppliers have been labelled as "high risk", with new research warning that the sector is failing to manage sustainability issues such as greenhouse gas emissions and antibiotics stewardship.

The inquiry will call on Ministers to define what a realistic level of cost reduction is, and when it should be aimed for

BEIS calls for evidence on using CCS to hit 2050 emissions targets

The Business, Energy and Industrial Strategy (BEIS) Committee has launched an inquiry into the role carbon capture and storage (CCS) will play in helping the UK meet its 2050 goal of reducing greenhouse gas emissions by 80%, against a 1990 baseline.

We've rounded up the best of the quotes from edie Live 2018

edie Live 2018: eight key things we learned

After a fascinating two days of inspiration, insight and expertise, edie looks back at some of the most crucial messages taken away from edie Live 2018.

Valdis Dombrovskis, Vice-President of the European Commission in charge of the Euro and Social Dialogue, and Jyrki Katainen, Vice-President of the EC in charge of Jobs, Growth, Investment and Competitiveness. [Georges Boulougouris/European Commission]

EU tables ground-breaking 'low-carbon benchmark' for green finance

The European Commission presented on Thursday (24 May) a set of proposals aimed at boosting private investment in low-carbon technologies like renewable energies while increasing transparency in sustainable finance to avoid green-washing.

UK insurers Aviva and Legal & General claimed second and fourth place respectively

UK insurers lead the ranks for climate action

UK insurance companies Aviva and Legal & General have taken two of the top four spots in a ranking of global insurers on their climate strategies, but globally the sector is struggling to set climate targets in line with the Paris Agreement.

The chain’s 2030 strategy also includes pledges to halve waste and water consumption levels

Hilton to halve environmental impact, starting with plastic straw ban

Global hospitality firm Hilton has unveiled a number of new sustainability ambitions that has seen it become the first in its sector to set an approved science-based target, alongside goals to halve water use and waste and remove plastic straws from its estate by the end of the year.

The research, published the journal Nature, is among the first to assess the economic impact of meeting the Paris climate goals

Hitting toughest climate target will save world $30tn in damages, analysis shows

Achieving the toughest climate change target set in the global Paris agreement will save the world about $30tn in damages, far more than the costs of cutting carbon emissions, according to a new economic analysis.

The 44-page report is the culmination of months of research and content development for edie's Mission Possible campaign

The future of sustainable business: edie launches landmark Mission Possible 2018 report

edie has published its flagship 2018 report for the Mission Possible campaign, exploring how businesses are scaling up effort and innovation across all areas of development to achieve a sustainable future.

The report claims that HSBC is one of the sector’s “biggest backsliders” on fossil investments

Banking industry one of UK's 'most unethical sectors'

The UK's big five high street banks are hindering the sector's efforts to tackle climate change by continuing to profit from some of the world's dirtiest fossil fuel projects.

The LDC group voiced frustrations over having to adapt to a changing climate, all while striving to lift their people out of poverty

Developing nations call for 'urgent' action to develop Paris Agreement rulebook

A network of some of the least developed countries in the world has called on developed economies to turn "concepts into action" by accelerating the implementation of a 'rule book' for the Paris Agreement through increased climate finance.

Sector insight: The state of sustainability 2018

This exclusive insight report explores the key drivers, challenges and opportunities facing sustainable business in the UK.

Recent figures show a 1.8% rise in CO2 emissions from fossil fuel use in 2017 in the EU

Secret UK push to weaken EU climate laws 'completely mad'

A secret UK push to weaken key EU climate laws before Brexit risks scotching the bloc's Paris commitments, MEPs say.

Poland, this year’s host of the COP climate conference, continues to rely heavily on coal and is alone in the EU planning expansion

Most countries failing on Paris Agreement pledges, report warns

Many governments are not on course to meet their Paris Agreement commitments, according to a damning new report which shows a host of countries across the globe are not yet willing or able to phase out coal.

Jean-Claude Juncker, President of the European Commission, presents the EU’s post-2020 long-term budget proposals [© European Union, 2018 / Source: EC - Audiovisual Service]

EU proposes 25% 'climate quota' in new long-term budget

The clean energy transition and other initiatives to decarbonise Europe's economy will represent 25% of EU spending under a seven-year EU budget plan put forward by the European Commission on Wednesday (2 May).

Sector insight: The state of sustainability in hospitality & leisure

This exclusive insight report explores the key drivers, challenges and opportunities facing sustainability in the UK's hospitality & leisure industry.

Researchers say that a Paris-compliant EU-ETS system could force all coal and lignite plants – even the most efficient – either off the grid or to the margin

Report: EU carbon prices could hit €55 by 2030

EU carbon prices could quadruple to €55 a tonne by 2030 if policymakers align the bloc's emissions targets with the Paris Agreement.

It is thought that global temperature rises could be reduce by half a degree this century is all countries met their F-gas reduction targets

UK failing to address 'dangerous' F-gas emissions, MPs say

MPs have today (25 April) called on policymakers and businesses to ramp up efforts to remove fluorinated gases (F-gases) from the atmosphere to bend the curve of global temperature rises.

Britain’s decision to leave the EU has posed a daunting list of questions to the energy sector

Investors and energy giants call for close UK EU climate ties after Brexit

Aviva, E.ON, RWE, EDF and NPower are among a coalition of 21 energy giants and top investors who have called on Britain and the EU to maintain close links on energy and climate policy after the UK leaves the bloc.

In addition, governments announced the establishment of a Commonwealth Blue Charter led by the UK and Vanuatu, image: Michael Garnett/Flickr

Commonwealth to 'pursue' 1.5C Paris goal

The 53 member states of the Commonwealth have agreed to renew commitments to the Paris Agreement that would "pursue" efforts to limit temperature increase to 1.5 degrees Celsius above pre-industrial levels.

According to the report, the UK should transition to Full Fibre-to-the-Home (FFTH) infrastructure, which is less carbon intensive across a lifecycle analysis

UK's copper infrastructure puts technology expansion at odds with climate goals

The exponential growth of smart, connected systems in the UK could restrict national efforts to lower emissions, due to a reliance on a copper-based digital infrastructure that has reached its "physical and technological limits", a new Carbon Smart report has found.

Developed with assistance from the Carbon Trust, the emissions targets are aligned to the goals of the Paris Agreement

Whitbread sets science-based target to halve emissions intensity

The UK's largest hospitality company Whitbread, has pledged to halve emissions in the next seven years as part of an "industry-leading" science-based target.

This new weekly round-up explores how businesses across the world are ramping up efforts across all areas of sustainable development

Achieving Mission Possible: The sustainability success stories of the week

Walmart's Project Gigaton and Costa's leadership on coffee cup recycling feature in the fourth edition of edie's new content series which rounds up some of the world's most inspirational sustainability initiatives that are transforming business, for good.

Pieters call for collaboration is built on the efforts that Mondelez has put in place to attempt to boost the prosperity of its suppliers

Mondelez calls for 'brave' collaboration to bring cocoa supply chain out of poverty

EXCLUSIVE: The head of Mondelez's Cocoa Life sourcing programme has called on the cocoa industry to "be brave" when exploring new ways to enhance supply chain practices that ensure cocoa is sourced sustainably while bringing smallholder farmers out of poverty.

A new £1bn ultra-sustainable community in Cambridge and Patagonia's new climate activism film are the topics of discussion

Sustainable Business Covered podcast: The £1bn eco-community and Patagonia's climate action movie

This episode of the edie podcast takes listeners on a whirlwind tour of Eddington, a new 150-hectare, sustainable community developed by the University of Cambridge, as well as a trip to the cinema to talk brand purpose and climate activism with Patagonia's general manager Ryan Gellert.

Accelerating the shift: 10 industry game-changers for low-carbon vehicles

This insight report, produced in partnership with UK Power Networks Services, investigates some of the game-changing developments which are driving green mobility.

Under the global Paris agreement, countries have committed to curbing temperature rises to “well below” 2C above pre-industrial levels and to pursue efforts to keep them to 1.5C

UK to review climate target raising hopes of a zero emissions pledge

The UK is to review its long-term target to cut climate emissions as part of global efforts to curb rising temperatures, the government has announced.

Response to the announcement has been largely negative

BP's low-carbon strategy comes under fire

BP's new sustainability strategy to level-out increases to emissions during a period of business growth has been labelled as "too small" an effort to reduce the company's exposure to climate risk.

More than 370 businesses have joined the Science Based Targets initiative since its launch in 2015

More than 100 corporates have science-based targets approved

L'Oréal and Electrolux are among the latest businesses to have their emission reduction goals approved by the Science Based Targets initiative (SBTi).

London Stock Exchange Group sustainability manager Sara Lovisolo says the technical work behind the opportunities offered by climate action is weaker than measuring mitigation

Climate change mitigation should be viewed as business opportunity, says London Stock Exchange

Businesses and investors should focus more on measuring and reporting the positive impacts of sustainability efforts rather than purely analysing the risks posed by climate change, according to the sustainability manager of the London Stock Exchange Group.

CDP acknowledges that cement is a “hard-to-abate” sector because of its high proportion of inherent process emissions and a lack of obvious replacement materials

'Invisible' cement polluters urged to double climate efforts

European producers were singled out among the worst performers in a new environmental ranking of the world's largest publicly-listed cement companies, published on Monday (9 April).

According to a report by the European Parliament, the shipping industry could contribute up to 17% of global CO2 emissions by 2050 if left unregulated

International Maritime Organisation 'too slow' on emissions strategy

The International Maritime Organisation has moved too slowly on drafting its greenhouse gas strategy and reducing emissions from shipping, Transparency International has warned, urging the global shipping regulator to improve its governance, transparency and efficiency.

The list will be updated bi-annually with an additional 10 companies added

Ikea, Unilever and Tesla leading on climate policy, report finds

Tesla, Apple, Ikea and Unilever are amongst the highest-performing companies advocating for strong and ambitious policies that aim to reduce greenhouse gas emissions, according to a new report from non-profit InfluenceMap.

The newly published guide shows American company Hershey Foods Corporation – commonly called Hershey’s – is leading the ranking of the more sustainable companies in the chocolate industry

Easter sustainability: Chocolate firms urged to become 'good eggs' for green business

Chocolate companies still have "a huge amount of work to do" in implementing truly sustainable policies, with some doing much better than others, the Washington-based NGO Mighty Earth concluded in a consumer guide ranking chocolate producers on their sustainability leadership.

The authors estimate land degradation costs more than 10% of annual global GDP in lost ecosystem services

Land degradation threatens human wellbeing, major report warns

Land degradation is undermining the wellbeing of two-fifths of humanity, raising the risks of migration and conflict, according to the most comprehensive global assessment of the problem to date.

Milikin noted that it was time for the company to “spread its wings” when it came to communicating its work to communities

AB InBev places climate-science into communities with new 2025 goals

EXCLUSIVE: Anheuser-Busch InBev (AB InBev) is linking science-based climate goals with a "moral" belief that it should be influencing the communities it operates in, after announcing new climate, water and supply chain goals for 2025.

Energy innovation: Delivering the smart grid of the future, today

The mission is clear: we must accelerate the shift to zero-carbon energy systems in order to slash emissions and mitigate global warming. But this mission IS possible: renewable energy costs are tumbling and new approaches to energy management such as battery storage and demand response are offering new ways for organisations to operate more sustainably.

Historic Environment Scotland worked with Royal Household to reduce carbon emissions at the Palace of Holyroodhouse by 40%

UK charities and heritage sites saved £7m through onsite renewables in 2017

More than 100 not-for-profit organisations, including the National Trust, RSPB and Oxfam, have collectively saved almost £7m on energy procurement costs from fossil fuel sources, after generating more than 48GWh on renewable energy to power estates in 2017.

The company had already announced that by 2025, 100% of its guest packaging will come from recycled, renewable or certified sources

McDonald's to reduce emissions by a third under approved science-based targets

McDonald's has become the first global restaurant company to have an emissions reduction target approved by the Science-Based Target Initiative (SBTI), as the fast food giant outlines plans to reduce carbon emissions by 150 million tonnes.

Companies in the UK are among the global leaders in disclosing information on climate risks, according to CDP’s report

CDP: Gap between corporate awareness and action on climate risks

New research from non-profit CDP has revealed a disconnect in the business sphere between awareness of climate risks and actions to tackle them.

The sustainability communications handbook

This handbook equips you with the knowledge and insight required to help your audience understand the true value of sustainability, from the boardroom, to your staff, consumers and investors.

The Commission will also present in May a draft law to clarify the investors’ duties in regards to their advice and responsibilities on sustainable products

European Union unveils green investment action plan

The European Commission unveiled on Thursday (8 March) its highly expected action plan on sustainable finance, aiming to clarify what can be labelled as "green" investment and potentially lowering capital requirements on asset holders.

Private investors will be exposed to 88% of the spending on unnecessary fossil fuel projects under this prediction

Climate policies place $1.6trn fossil fuel costs at risk, report warns

Fossil fuel companies are exposed to $1.6trn in potential expenditure by basing business decisions on existing policies rather than international climate goals, while businesses committed to sourcing 100% renewable electricity will require $94bn to reach their goals.

Bloomberg said he hoped that Trump would change his mind on the Paris Agreement

Michael Bloomberg named as UN climate envoy

American billionaire businessman and politician Michael Bloomberg has been selected as the UN Secretary-General's Special Envoy for Climate Action.

Liverpool City Council is striving to reduce its carbon impact by 40% by 2030

Liverpool to use blockchain technology to become world's first climate-positive city

Liverpool City Council has announced a new partnership with a blockchain platform company to offset more than 110% of its carbon emissions, with the city announcing its bid to become the world's first climate-positive city by the end of 2020.

MPs are concerned that fiduciary duties are often misinterpreted as efforts to maximise short-term returns

£555bn pension funds questioned over climate risk 'misunderstandings'

Government ministers are concerned about "outright misunderstandings" amongst the UK's top 25 pension funds, with assets under management worth £555bn, relating to failures to account for climate-related risk.

Sector insight: The state of sustainability in the public sector

This exclusive insight report explores the key drivers, challenges and opportunities facing sustainability in the UK's public sector.

Bob Dudley, group chief executive of BP, said his company and the wider world must deliver a “far more decisive break from the past”

BP Energy Outlook: Renewables will grow five-fold by 2040

Renewable energy sources and electric vehicles are expected to be some of the biggest forces shaping the global energy transition up to 2040, according to an annual report from BP.

The facility will be invested gradually over the next three years

ING and European Investment Bank invest €300m to finance green shipping

Dutch bank ING and the European Investment Bank (EIB) have teamed up to create a new €300m facility to support green investments in the shipping sector.

Oil taxes predictably emerged as the most substantially used financial tool, as they topped €50 per tCO2 on average

OECD urges countries to tax dirty energy

The Organisation for Economic Co-operation and Development (OECD) has encouraged governments to start taxing CO2 emissions more aggressively, in a new report which warns that current taxation levels are not enough to fight climate change effectively.

Water bills on the archipelago have surged recently due to more frequent droughts and storms, while warming waters have brought seasonal jellyfish plagues and degraded marine ecosystems

Balearics launch pioneering plan to phase out emissions

The Balearic islands' government has launched a pioneering plan to phase out greenhouse gas emissions by 2050, potentially setting itself on a collision course with the Spanish government.

Investors are calling on global banks to disclose their climate-risk in line with the Taskforce on Climate-related Financial Disclosures (TCFD) framework

Banking sector's 'skin deep' commitment to green finance threatens 2C future

The shortcomings of global banks on climate action could undermine efforts to achieve a 2C world, according to a damning report backed by more than 100 investors worth almost $2trn in assets.

The livestock industry is responsible for 14.5% of global GHG emissions, and forecasts suggest that global meat consumption will rise by 76% by 2050

Meat and dairy firms 'majorly overlooked climate culprits'

The livestock sector could consume up to 80% of the planet's greenhouse gas (GHG) emissions budget by 2050 if the growth of the global meat and dairy industry continues.

Greenhouse gas (GHG) emissions from the livestock sector are estimated to account for 14.5% of the global total

Top investors call on global food brands to make plant-based shift

An investor-led coalition worth $2.4trn has urged the likes of Unilever, Nestlé and Tesco to diversify their protein sourcing away from a reliance on animal proteins.

Patagonia and its business programme ‘1% for the Planet’ has raised nearly $90m for environmental organisations worldwide

Patagonia's new digital platform connects environmental activism community

American clothing firm Patagonia has launched a new digital platform which connects customers with local environmental groups to encourage grassroots activism.

More than 60 UK universities have now divested from fossil fuels, but Edinburgh’s £1bn fund is the largest to completely remove ties to fossil fuel holdings

Edinburgh and SOAS fulfil university divestment pledges

SOAS University of London has fulfilled a pledge to divest from fossil fuels within three years, in the same week that the University of Edinburgh became the largest university endowment fund to completely to divest away from coal, oil and gas.

Last year, Ørsted completely divested its upstream oil and gas business, as part of the pledge to phase-out coal from its heat and power generation by 2023

Ørsted chief calls for 'high pace' climate and SDG action

Danish energy giant Ørsted's chief executive has highlighted the severe threats of climate change and the unique opportunities of the Sustainable Development Goals (SDGs) in the company's latest sustainability report, which outlined the company's transition away from fossil fuels.

Last year, most of the green bond issuance (around $60bn) came from Europe

Expert group recommends setting up European standards for 'green bonds'

An EU sustainability taxonomy, a definition of priority investment areas, the clarification of investor duties and development of "official" European sustainability standards for green bonds are some of the recommendations experts made to the European Commission on Wednesday (31 January).

edie Explains: Frequency response

How does frequency response work? What are the business benefits of adopting frequency response technology? And how will National Grid's planned overhaul of balancing services impact the frequency response market? This free edie Explains guide gives you everything you need to know.

Insurance companies are mindful of the danger that they could suffer a huge loss if their investments in fossil fuel companies were rendered worthless by action on climate change

Lloyd's of London to divest from coal over climate change

Lloyd's of London, the world's oldest insurance market, has become the latest financial firm to announce that it plans to stop investing in coal companies.

Launched under the job-posting, “the best job for the world. Probably”, the community roles will target climate change mitigation and water scarcity solutions

'Probably the best job for the world': Carlsberg launches young scientists community

Global brewer Carlsberg is seeking to create a community of young scientists to develop new projects and set industry standards for science-based and sustainability-driven research that will help the company deliver its CSR strategy.

The Sustainability Leaders Forum will be serving delegates a variety of organic, meat-free dishes across the two days

edie partners with the McCartneys' Meat Free Monday campaign for Sustainability Leaders Forum

edie has partnered with Meat Free Monday - the awareness-raising campaign group founded by Paul, Mary and Stella McCartney - for this week's Sustainability Leaders Forum, which is only serving meat-free meals to delegates.

The announcements marks a big step towards Volvo’s vision of having climate-neutral global manufacturing operations by 2025. Photo: Volvo

Swedish engine plant becomes Volvo's first 'climate-neutral' site

Car giant Volvo's engine factory in Sweden has become the firm's first "climate-neutral" manufacturing plant after switching to renewable heating.

Rising populations and increased wealth in non-OECD nations will drive energy demand, which will offset emission reductions

Report: Global emissions to plateau in 2030, but Paris goals out of reach

New insight from business advisors McKinsey Energy Insights has suggested that "major shifts" in the energy landscape driven by renewables and electric vehicles (EVs) will see global emissions plateau in 2030, but progress is nowhere near close to the 2 degrees Paris Agreement target.

The Committee on Climate Change (CCC) insists that new policies will be required to close the remaining “emissions gap”

Clean Growth Strategy 'not enough' to meet UK's carbon targets, climate advisers warn

Urgent action is needed to flesh out current plans in the Clean Growth Strategy in order to meet the UK's fourth and fifth carbon budgets, the Government's climate change watchdog has cautioned.

edie provides a full round-up of the green business reaction to the Government's 25-year Environment Plan

25-year Environment Plan: Green business reaction

The Government has set out how it intends to enhance the UK's environment by creating richer habitats for wildlife, improving air and water quality and "curbing the scourge of plastic" in the world's oceans. But how have members of the green community reacted?

The 25-year Environment Plan includes pledges to eliminate avoidable waste and introduce new safeguards for wildlife

25-year Environment Plan: UK unveils long-term strategy for 'greener future'

Theresa May has today outlined a vision for a "cleaner, greener Britain", unveiling the long-awaited 25-year Environment Plan which pledges to eliminate all "avoidable" plastic waste by the end of 2042.

This should be a year to remember for the green economy, for all the right reasons

Five reasons to be cheerful about the green economy in 2018

From heightened corporate investment in clean energy sources, to an accelerated shift towards resource efficiency and new environmental legislation, we look at some of the major reasons to be optimistic about the outlook of the green economy in 2018.

A senior official said on Sunday the main difference between the Trump NSS and its predecessors was a new emphasis on border security and economic issues

Trump will drop climate change from US National Security Strategy

The Trump administration will drop climate change from a list of global threats in a new National Security Strategy the president is due to unveil on Monday.

Philippe Joubert said the Climate Group’s RE100 is a prime example of how green policies can support enabling frameworks to inspire corporate action

Philippe Joubert: Policy frameworks will define climate action in 2018

The concept that markets can direct themselves without government guidance is a "fallacy" and policymakers must create the regulatory frameworks that enable businesses to thrive on a low-carbon pathway in 2018.

The bank worked with ESG research providers Sustainalytics to create the framework

Barclays updates green bonds to capture 'compelling' economic opportunity

Barclays has signified its shift towards a low-carbon economy, by announcing a set of green finance products that will help promote sustainability in the UK and across the globe.