United Nations Framework Convention on Climate Change (UNFCC)

DEFINITION: A UN framework adopted during the Rio de Janeiro Earth Summit in 1992. It entered into force on 21 March 1994 and has been ratified by 196 States, known as its State Parties. This Framework acknowledges the existence of human-induced climate change and says that industrialised countries should shoulder the major part of responsibility for combating it.

See also: Paris Agreement

See also: Conference of the Parties (COP)

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US clears Exxon and Chevron to dismiss shareholder climate reporting requests

The US Securities and Exchange Commission (SEC) has approved requests from both Exxon and Chevron to reject shareholder proposals that have called on the oil and gas giants to report on how the companies are addressing climate change by aligning to the Paris Agreement.

Alongside enshrined carbon targets, the campaigners want the Government to ensure that worker rights regarding wages and conditions are embedded into the bailout

Link airline coronavirus rescue package to climate targets, campaigners urge

Campaigning groups have called for any Government bailout of airline companies due to the impact of the coronavirus to include conditional links for worker rights, fair taxing systems and transparent action plans on climate change.

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Online climate strikes: XR turns to digital activism amid coronavirus pandemic

Extinction Rebellion's (XR) Youth arm has taken its campaign to demand that fossil fuel representatives are excluded from COP26 negotiations online, after pausing mass demonstrations in light of the coronavirus.

Companies are performing slightly better on the governance of climate-related risks

Heavy-emitting firms 'off-track' to deliver low-carbon world

More than 80% of the highest-emitting listed companies are failing to deliver emissions reductions aligned to the Paris Agreement's 2C global warming limit, with many companies also failing to account for climate mitigation and risk strategies.

Image: Relux/ CC BY-SA 2.0

Chanel sets 1.5C science-based targets, pledges 100% renewable energy

Luxury fashion and fragrance giant Chanel has committed to halve its carbon emissions by 2030, under a new 1.5C-aligned set of sustainability targets.

The UK Government insists it is on track to deliver crucial UN Climate Summit in November as planned

Coronavirus vs. climate change and COP26: What happens next?

The coronavirus pandemic has brought the global economy to a standstill, with some now doubting whether the crucial climate talks scheduled for COP26 will be able to go ahead. So, asks Matt Mace, what impact would delaying the summit have on international efforts to combat the climate crisis?

Analysis of 35 leading investment banks shows financing of more than $2.66tn for fossil fuel industries since the Paris agreement. Image: Michielderoo/ CC BY 3.0

Global banks 'failing miserably' on climate crisis by funneling trillions into fossil fuels, study finds

The world's largest investment banks have funnelled more than £2.2tn ($2.66tn) into fossil fuels since the Paris agreement, new figures show, prompting warnings they are failing to respond to the climate crisis.

The assessment took into account a string of extreme weather events made worse or more likely by rising global temperatures, including the Australia bushfires (pictured) 

UN head: Global action on climate crisis 'way off track'

The world is "way off track" in dealing with the climate emergency and time is fast running out, the UN secretary general has said.

CLG Europe is calling for clarity and direction on a plethora of low-carbon innovations

Corporate leaders want decarbonisation as central focus for Europe's Industrial Strategy

Business giants including Unilever, Interface, and Coca-Cola have called for the new European Industrial Strategy to focus heavily on decarbonisation in a way that sets out clear strategies for investment into low-carbon solutions and provides price incentives for new goods and services.

European Commission President Ursula von der Leyen (pictured) met with Greta Thunberg today

EU debuts climate law 'compass', Greta dismisses it as 'surrender'

The European Commission officially unveiled its Climate Law on Wednesday (4 March), aimed at making the EU carbon neutral by 2050. But Swedish climate activist Greta Thunberg criticised the plan as a "surrender".

Manchester set a 2038 net-zero target in 2018

Manchester City Council spells out five-year action plan to halve emissions

Manchester City Council hopes to approve a new action plan that would commit to halving the council's carbon footprint by 2025, in assistance with the city's wider ambition to reach net-zero emissions by 2038.

O2 has already reduced operational emissions by more than 80% since 2010 and claims the new targets will help it "move further and faster"

O2 targets net-zero network and operations by 2025

Telecommunications giant O2 has pledged to achieve net-zero across its entire business and mobile network by 2025 - a move it claims will make it the UK's first net-zero mobile network provider.

Parts of Italy - the co-host for the summit - are currently closed to all-but-essential travel over the outbreak 

Vital COP26 climate talks could be derailed by coronavirus

Concern is growing among campaigners that vital UN climate talks will be derailed by the coronavirus outbreak, while government officials are working to find ways round the problem.

The strategy seeks to develop “open-source, business-relevant reference scenarios” for regulators, financial firms and businesses to test climate resilience investment

'Investing for net-zero must go mainstream': COP26 finance strategy unveiled

The UK has published its COP26 strategy to help private finance support a global economic transition to net-zero emissions, with a heavy focus on exploring mandatory reporting requirements for climate-related data.

The initiative forms part of the GSMA’s climate action roadmap for the industry, which has already seen operators disclose impacts via CDP

Science-based pathway for net-zero emissions established for telecoms sector

The International Telecommunication Union (ITU), the Global e-Sustainability Initiative (GeSI) and the GSMA have forged a new partnership to develop a sector-specific decarbonisation pathway that will outline how all companies in the mobile sector can set science-based targets.

Judges have said that the third runway could go ahead, provided it fits in with the UK’s climate commitments

Government won't appeal Heathrow expansion court decision

UPDATED: The UK Government will not appeal a court decision to block the development of a third runway at Heathrow Airport, which was issued in response to climate change concerns and national targets aligned to the Paris Agreement.

The plan will aim to protect a percentage of the Earth's land and sea

Negotiations start on global 'Paris-style' deal to avert Earth's sixth mass extinction

National governments will meet in Rome this week to discuss and reflect on a 20-point UN draft proposal to halt irreversible ecological damage, which looks set to be formally adopted in October.

The FRC will consider how investors are addressing climate change under a new Stewardship Code, which will be issued from the beginning of 2021

Financial Reporting Council launches 'major' review of corporate climate reporting

The Financial Reporting Council (FRC) is set to launch a major review into the quality of how companies and auditors are reporting on climate change impacts and risks, including the pace at which the Task Force on Climate-related Financial Disclosures (TCFD) framework has been adopted.

Pictured: Glencore's Ferrochrome smelter in Lydenburg, South Africa

Glencore slams BP's net-zero target as it outlines measures to cap coal use

The chief executive of coal giant Glencore dubbed BP's 2050 net-zero target "wishy-washy" as he outlined how his firm will tackle scope 3 emissions through to 2035.

Each of these success stories exemplifies how businesses are ramping up ambitions and actions in all areas of sustainable development 

RBS's climate goals and Aldi's plastic bag crackdown: The sustainability success stories of the week

As part of our Mission Possible campaign, edie brings you this weekly round-up of five of the best sustainability success stories of the week from across the globe.

The TCFD formed in 2015 and launched its recommendations in June 2017

'Climate risk is financial risk': TCFD surpasses 1,000 global supporters

The Task Force on Climate-related Financial Disclosures (TCFD) has revealed that more than 1,000 organisations are supporting its recommendations, including corporates with a combined market cap of $12trn and investors with $138.8trn of assets under management collectively.

Sky will target a 50% absolute reduction in emissions by 2030

Dissecting the challenge: How Sky is approaching its net-zero target

EXCLUSIVE: Sky is facing the daunting task of engaging with 11,000 companies and 24 million customers as part of its new commitment to achieve net-zero emissions by 2030. The group's head of responsible business Fiona Ball outlines how Sky is "dissecting" this target to manage the transformation.

The panel included representatives from the finance, environmental services, engineering, cement, food manufacturing and retail sectors. Image: Aldersgate Group

Carbon trading clarity and citizens in the spotlight: What do businesses want from COP26?

With a successor to the COP26 presidency role yet to be announced, all eyes are on Westminster for news on its plans for organising the crucial summit. But - beyond a stable delivery team - what are UK business's big asks of the conference, both in terms of organisation and execution?

The new COP26 president will be announced this week, with Gove tipped as one of the fore-runners

Michael Gove urges 'most transparent ever COP' for Glasgow

Former Environment Secretary Michael Gove has laid out his big asks for COP26 preparations and denied rumours that he will replace former Energy Minister Claire O'Neill as the event's president during this week's cabinet reshuffle.

Any waste beer produced that fails to meet the company’s quality standards will be distilled and turned into Vodka

BrewDog to upcycle and trade used cans for company equity

Craft beer firm BrewDog has unveiled a new sustainability action plan that will allow consumers to trade in beer cans for upcycling and recycling in exchange for an equity stake in the company.

The Telegraph has reported that Barclays looks set to act on shareholder calls to ditch fossil fuel investments

Reports: BlackRock and Barclays to act on climate investment calls

As reports emerge that Barclays is set to agree on shareholder calls to phase-out fossil fuel investments, BlackRock has already made strides on its stance to remove fossil fuel firms from its portfolio.

edie will be back later this week with Part Two of the SLF special

Sustainable Business Covered: Igniting a decade of climate action at the Leaders Forum (Part One)

The edie podcast is brought to you live from our Sustainability Leaders Forum, as content editor Matt Mace speaks to leading sustainability experts from Interface, Diageo, WaterAid and WWF to ask, how will business leadership be redefined during a decade of deliverance?

The cement industry is one of the high-emitting sectors which the study researched.

Report: Heavy industry making "slow progress" on Paris Agreement

A new study has shown there has been slow progress on climate action in high-emitting industries, with just one in five corporates operating in line with a 2C trajectory. 

Reports suggest that government officials expressed concerns over O'Neill's ability to steer COP26 proceedings 

Claire O'Neill removed from COP president position

Former UK energy minister Claire O'Neill will be replaced as the president for the upcoming COP26 climate conference in Glasgow this year, as Prime Minister Boris Johnson prepares to launch a new dedicated strategy for the conference.

Some businesses are now looking outside of their own operations to become 'carbon-negative' rather than 'net-zero'

Greenwashing 2.0? Defining what it means to be a 'net-zero' business

Net-zero emissions has been scientifically heralded as a necessity to reverse the worst impacts of climate change. But a flurry of recent business commitments to become 'carbon-negative' and 'resource-positive' raises a critical question: does achieving 'net-zero' actually constitute business leadership?

Sainsbury’s will work with suppliers to help them set individual net-zero commitments

Sainsbury's commits £1bn to become net-zero by 2040

Supermarket retailer Sainsbury's has pledged to invest £1bn over the next 20 years in order to become a net-zero business across its own operations.

The Partnership has also warned that organisations and investment managers that fail to demonstrate reduced exposure to climate risks could be voted against 

Brunel Pension Partnership launches new finance strategy to align with net-zero future

The group overseeing £30bn worth of investments for 10 local government pension scheme funds has pledged to align its management practices with the Paris Agreement.

The announcement was made at Davos, where the Alliance is engaging with more than 50 C-suite representatives of portfolio firms

Church of England and Generali join UN's Net-Zero Asset Owner Alliance

The Church of England and insurance firm Generali are the latest organisation to sign up to the UN's Net-Zero Asset Owner Alliance, a coalition with more than $4.3trn in assets under management attempting to engage with corporates to reach net-zero emissions.

Microsoft will launch a $1bn climate innovation fund, using its own capital, to help develop carbon reduction and removal technologies

'Neutral is not enough': Microsoft pledges to become carbon-negative by 2030

Tech giant Microsoft has today (16 January) unveiled a bold new plan to reduce its carbon impact to below net-zero by 2030, with an additional goal of removing carbon from the atmosphere that the company has emitted since it was founded in 1975.

Fink asked for businesses to provide better data and disclosure on all ESG aspects

BlackRock's Larry Fink to CEOs: 'Purpose is the engine of long-term profitability'

BlackRock's chief executive Larry Fink has warned businesses that a "fundamental reshaping of finance" is happening at pace and that businesses need to put climate action at the heart of decision-making processes in order to remain profitable.

Image: ArcelorMittal Europe 

ArcelorMittal Europe outlines plans for 30% carbon reduction by 2030

Steel and mining giant ArcelorMittal Europe has announced plans for a CO2 roadmap to reduce its total emissions by 30% by 2030.

Vote using the function at the bottom of this piece to choose your defining moment of the 2010s

A decade in review: Vote for the defining sustainability moment of the 2010s

As the 2010s draw to a close, edie has analysed the key moments and announcements that push sustainability and climate action from a niche activity to a global necessity. Cast your vote to decide which of the seven moments was most profound.

Shell claims its decarbonisation targets are consistent with the Paris Agreement's 2C trajectory

Shell links $10bn credit facility to low-carbon progress

Royal Dutch Shell is linking the interest and fees paid on its new $10bn (£7.5bn) revolving credit facility to progress against its carbon targets.

Talks at COP25 were due to conclude on Friday evening (13 December), but ran through to Sunday afternoon. Image: UNFCC

'A far cry from what science tells us is needed': COP25 reaches 'disappointing' conclusion

Green campaign groups, UN officials and business representatives have expressed disappointment after two weeks of negotiations at COP25 came to a close today (15 December), almost two days behind schedule.

Images: UNClimateChange Flickr

America's Pledge and Europe's Green Deal: What happened on days 8 & 9 of COP25?

COP25 - the UN's annual two-week-long climate summit - has entered its second week in Madrid. Here, edie rounds up all the key news and views from the last few days of the event.

Over the course of the two-week summit, 4,000 people are due to speak during COP25's official sessions

Greta passes the mic and 1.5C targets surge: What happened during the first week of COP25?

COP25 - the UN's annual two-week-long climate summit - has entered its second week in Madrid. Here, edie rounds up all the key news and views from the first week of the event.

Pictured: Attendees at the IEA's two-day meeting at COP25, during which, the communique was produced. Image: IEA 

IEA strengthens clean energy commitments after investor criticism

The International Energy Agency (IEA) has published its first communique in a decade, covering topics including the clean energy transition, after a meeting with world leaders at COP25 in Madrid.

CDP estimates that the average company's supply chain emissions are 5.5 times that of its direct operations. Stock image of factory in China

CDP: Corporates could save a gigaton of emissions by championing renewables in supply chains

If key suppliers to the world's largest corporations used 20% more renewable energy than they do at present, one billion metric tonnes of greenhouse gas (GHG) emissions would be mitigated.

The benchmark measures progress against the Paris Agreement's 2C trajectory 

Car giants 'driving with the brakes on' towards climate goals, report warns

The world's 25 largest car manufacturers are collectively failing to act in line with the Paris Agreement in terms of both electrifying their portfolios and strengthening climate governance, new analysis from CDO and the World Benchmarking Alliance (WBA) has warned.

Image: The North Face

VF Corporation sets 1.5C science-based targets

VF Corporation - the fashion giant behind brands including Vans, The North Face and Timberland - has set new science-based emissions targets in line with the Paris Agreement's 1.5C trajectory.

Demand for 90TWh of renewable electricity annually is enough to power 11 million US households

Businesses with science-based targets on course to slash emissions by one-third

Businesses that have committed to aligning their emissions reduction strategies with the aims of the Paris Agreement will spur more than $18bn in climate-mitigation investment and up to 90TWh of annual renewable electricity generation.

The summit will run until 13 December, with edie bringing you all the latest news and views from Madrid on a regular basis 

Greta's arrival and carbon offsetting clashes: What happened on days 2 & 3 of COP25?

COP25 - the UN's annual two-week-long climate summit - is now well underway in Madrid. Here, edie rounds up all the key news and views from the second and third days of the event.

Progress was found to be slower in aviation than in shipping or carmaking.

Report: One in three transport companies aligning with Paris Agreement as investor pressure mounts

A survey of 57 of the world's largest transport companies, including airlines and carmakers, has found that more than one in three (35%) have set emissions targets in line with the Paris Agreement.

Pictured: Kingspan's factory in Kankaanpaa, Finland, during construction. 

Kingspan and Cargill unveil Paris-aligned climate strategies

Construction materials giant Kingspan and agri-food multinational Cargill have both unveiled new science-based emissions targets at the UN's COP25 summit in Madrid.

Pictured: A Portugese offshore wind project jointly financed by Repsol, the EIB and EDP Renewables

Repsol targets net-zero by 2050

Spanish oil and gas giant Repsol has committed to becoming a net-zero emission business by 2050, across its own operations and its indirect impacts.

Image: Gage Skidmore

Boris Johnson urged to challenge Trump on climate denial

Boris Johnson is being urged by 350 leading climate researchers to robustly challenge Donald Trump on his "dangerous" and "irresponsible" denial of the risks of climate change during the US president's visit to the UK this week.

The summit will run until 13 December, with edie bringing you all the latest news and views from Madrid on a regular basis 

Carbon pricing and 'the climate point of no return': What's happened at COP25 so far?

Monday (2 December) marked the start of COP25 - the UN's annual two-week-long climate summit - in Madrid. Here, edie rounds up all the key news and views from the first day of the event.

Pictured: The Welsh Assembly building in Cardiff Bay

'Prosperity for All': Wales unveils new short-term climate vision

The Welsh Government has published its much-anticipated climate roadmap for 2020-2025, which includes a commitment to plant 2,000 hectares of woodland annually.

Image: European Commission

Europe becomes first continent to declare a 'climate emergency'

MEPs voted to pass a resolution declaring a 'climate emergency' on Thursday evening (28 November), making the European Parliament the first body representing a continent to do so.

The ice sculptures where used to highlight the climate emergency

Johnson frozen out of climate leaders debate as green groups call for net-zero pact between parties

With Prime Minister Boris Johnson quite literally frozen out of the leader's climate debate last night, more than 40 academics, policy specialists, trade bodies and businesses have called for a bipartisan net-zero pact between the UK political parties in order to ensure the nation meets its commitments.

The investment would help less industrialised nations reduce collective emissions by more than 4% below 2010 levels by 2030

UK urged to commit £20bn as 'fair share' of climate adaptation investment

UK thinktank IPPR has called for the UK to provide £20bn to a UN climate fund to account for the nation's "fair share" of ecological degradation and climate change speed-up.

Pictured: Lignite-fired power plant in Agios Dimitrios, West Macedonia. Image: Tilemahos Efthimiadis / https://www.flickr.com/photos/telemax/3636859652 

Climate-heating greenhouse gas concentrations hit new high, UN reports

The concentration of climate-heating greenhouse gases hit a record high in 2018, according to a report from the UN's World Meteorological Organization.

The report said it was crucial that workers in fossil fuel industries were helped into new employment as production ramped down

Fossil fuel production on track for double the safe climate limit

The world's nations are on track to produce more than twice as much coal, oil and gas as can be burned in 2030 while restricting the rise in the global temperature to 1.5C, analysis shows.

Published last week, the WEO predicts further growth of coal in China, among other nations. Image: Kleineolive/ CC-BY-3.0 

Dozens of investors slam IEA over fossil fuels and renewables projections

Allianz, Zurich Insurance Group and Orsted's pension fund are among 65 finance bodies to have written to the International Energy Agency (IEA), urging to body to hep global energy firms align with the Paris Agreement.

The new policy will cut €2bn (£1.7bn) of yearly investments to fossil fuel projects

European Investment Bank to end financial support for fossil fuels by 2021

The European Investment Bank (EIB) has unveiled a new energy lending policy that will stop all financing for fossil fuel projects at the end of 2021 and unlock €1trn in sustainable development over the next decade.

Malnutrition and infectious diseases are cited as two of the climate-linked health challenges due to worsen in the near future

Report: Climate change could 'wipe out decades of public health gains', hitting children the hardest

Without more ambitious action to limit global warming in line with the Paris Agreement, children born today will face "persistent and pervasive" climate-related health impacts throughout their lives, a major new study has warned.

Nine of the companies have set a 2050 deadline to achieve net-zero, while four set a date of 2025 or 2030

Just one in 10 of world's largest energy firms have net-zero targets, report finds

Just 10% of the world's largest 132 coal, electricity and oil and gas companies have set time-based commitments to reduce their greenhouse gas emissions to net-zero, with just three companies also pledging to reduce indirect emissions as well.

Williams believes the will of citizens is there to deliver a low-carbon economy in the US

Beyond Carbon: The $500m plan to create a low-carbon US, with or without Trump

EXCLUSIVE: President Donald Trump may have officially kickstarted the process to withdraw the US from the Paris Agreement, but there is a movement of cities, states and businesses that is driving the nation towards 100% clean energy, with or without support from the federal government.

The US will withdraw from the Paris Agreement in November 2020: Image: Gage Skidmore

Trump begins withdrawal process from Paris Agreement

Donald Trump has on Monday (4 November) officially triggered the process of withdrawing the US from the Paris Agreement climate accord, which will make the world's largest economy the only nation outside of the agreement.

Madrid has been confirmed as the new COP host

COP25: Madrid confirmed as new hosts of climate summit

UPDATED: The UN has confirmed that Madrid will host the COP25 climate summit, after Chile cancelled their option to host the event in early December following weeks of violent protests based on civil unrest.

Since 2011, the global proved reserves of oil and gas have increased

Oil and gas giants must cut production by a third to meet climate targets

The world's largest oil and gas companies must cut combined production by 35% by 2040 if nations are the meet the collective ambitions of the Paris Agreement and limit global warming to below 2C, a new report from Carbon Tracker has found.

BA will offset emissions from domestic flights within the UK from 2020

British Airways sets net-zero commitment, plans to offset domestic flight emissions

International Airlines Group (IAG), the parent company of British Airways (BA), has become the first airline group to commit to reaching net-zero carbon emissions by 2050, as BA also announces plans to offset all domestic passenger flight emissions next year.

The Global Green New Deal was launched at the C40 Cities summit in Copenhagen

Bloomberg and mayors call for Global Green New Deal to 'marry economy and ecology'

The Mayors of cities including Los Angeles, Copenhagen and Paris have issued a rallying call for the adoption of a Global Green New Deal that recognises the threat of the climate emergency and strives to transition to a low-carbon future through a fair and just transition.

The report notes that investor pressure played a key role in net-zero commitments from corporates including Nestlé, ArcelorMittal, Centrica and Thyssenkrupp

Investor pressure slowly pushing firms to set net-zero targets

An investor group overseeing more than $35trn in assets has seen positive responses from corporates on calls to cut net emissions to zero by 2050, despite the group's first progress report finding that just 9% of the companies it has focused on have set targets aligned with a 2C warming.

UKEF is estimated to have provided an average of £551m in support of fossil fuel production overseas each year between 2014 and 2016 

UK Government will continue to invest in fossil fuels overseas, despite MPs' concerns

The Government has broadly rejected a string of recommendations from MPs aimed at decarbonising the portfolio of the UK's export credit agency, which has continually been found to be financing fossil fuel projects in developing nations.

Images (clockwise): UN Global Compact, UN Photo/Cia Pak, Mars, UN Photo/Loey Felipe

Everything you may have missed: The sustainability success stories of the UN Climate Summit

As the week of the UN's Climate Action Summit in New York draws to a close, edie highlights the numerous new green commitments, events and announcements made by businesses.

The report represents the work of 104 scientists and references nearly 7,000 publications

Sea-level rise to affect one billion people by 2050, landmark IPCC report reveals

The Intergovernmental Panel on Climate Change (IPCC) has today (25 September) published its highly anticipated landmark report detailing how climate change will affect the world's oceans and cryosphere, and the impacts this will have on human health, the economy and wildlife.

Multiplex’s Europe employs 920 people across 19 projects

Multiplex Europe raises carbon ambitions with 1.5C science-based target

Multiplex Europe, the construction firm behind huge London developments including 100 Bishopsgate, has announced that it has increased its science-based target to account for the 1.5C ambition of the Paris Agreement.

The UN claims this is the first time this many investors have made a net-zero pledge on the same day.

'Unprecedented': Investors responsible for $2.4trn commit to net-zero alignment

A group of finance giants, collectively responsible for investments worth $2.4trn, have committed to ensuring that their respective portfolios are carbon-neutral by 2050.

More than a third of the companies analysed are not disclosing their carbon emissions. Stock image of factory in China 

Most of world's biggest firms 'unlikely' to meet Paris climate targets

More than four-fifths of the world's largest companies are unlikely to meet the targets set out in the Paris climate agreement by 2050, according to fresh analysis of their climate disclosures.

Speaking exclusively to edie, Gamboa said that the report acts as a market signal for how companies within the built environment sector should act

Embodied carbon: WorldGBC embarks on 'radical' new approach towards net-zero

EXCLUSIVE: The World Green Building Council (WorldGBC) has issued a new report outlining how companies in the sector can focus on both operational and embodied carbon to reach net-zero emission buildings by 2050, warning the companies ignoring this new approach could be "outpaced by the innovators".

Collectively, the participating banks manage $47trn in assets. Image: Paulm27/ Wikimedia Commons

Banks representing one-third of global market to align with Paris climate targets

A coalition of 130 banks, representing one-third of the worldwide banking sector, have committed to aligning their actions with the aims of the Paris Agreement.

The businesses now have 24 months to get their targets approved by the SBTi

87 major firms commit to setting 1.5C science-based targets

L'Oreal, Inter Ikea Group and Nestle are among a coalition of 87 corporates to have today (22 September) committed to set science-based emissions reductions targets in line with the Paris Agreement's more ambitious 1.5C trajectory.

Pictured: Amazon CEO Jeff Bezos

Amazon commits to net-zero by 2040 following staff protests

E-commerce giant Amazon has pledged to reach net-zero carbon emissions across its operations by 2040, after its staff lobbied for the firm to take more bold action on climate change.

In 2018, renewable energy growth reached 7.2%, its highest since 2010, but still accounts for less than 12% of the energy system

Global decarbonisation efforts 'stall', pushing climate goals out of reach

Global decarbonisation efforts will need to be seven times greater than current efforts, if the world is to stand a fair chance of limiting global warming to 1.5C, according to a new PwC report which found that the rate of global decarbonisation has slowed to its lowest level since 2011.

Nestlé Headquarters in Vevey, Switzerland. Image: Nestle flickr

Nestlé sets net-zero climate goal for 2050

Nestlé has today (12 September) unveiled wide-sweeping plans to enhance carbon sequestration, procure 100% renewable electricity and launch more food and drink products that have improved environmental footprints, as part of an overall goal to reach net-zero emissions by 2050.

Investment decisions on a further $21bn in 12 high-carbon projects are due this year

Oil and gas companies risking £1.8trn in stranded assets during low-carbon transition, report warns

Oil and gas companies have spent £40.5bn ($50bn) on investment projects that undermine the Paris Agreement, with a new report from think tank Carbon Tracker warning that major companies risk wasting £1.8trn ($2.2trn) on stranded assets by 2030.

Both religious leaders used their speeches to declare a "climate emergency". Image: Zebra48bo/Wikimedia Commons Zebra48bo [CC BY-SA 4.0 (https://creativecommons.org/licenses/by-sa/4.0)]

Pope and Archbishop of Canterbury urge 'drastic measures' on climate change

Both Pope Francis and Archbishop of Canterbury Justin Welby have called for greater global action to tackle climate change, in speeches made to mark the UN Climate Summit and the Global Ethical Finance Summit respectively.

The research programme will last for two years. Image: Widerøe

Rolls-Royce teams with Norway's largest regional airline on zero-emission aircraft scheme

Rolls-Royce is partnering with the largest regional airline in Scandinavia on a joint research programme aimed at unlocking and developing technology to enable zero-emission aviation.

More than 70,000 children and young adults, across 270 towns and cities globally, have been regularly taking part in climate strikes 

Ben & Jerry's, Patagonia, Lush and Seventh Generation to take part in global climate strikes

Major US firms Ben & Jerry's, Patagonia, Lush Cosmetics and personal care firm Seventh Generation have agreed to close stores on 20 September to join the worldwide day of climate strikes.

Coal Power Station, North Rhine-Westphalia, Germany

'Adaptation alone will not be enough': Climate change to shrink global GDP by 7% by 2100

A "business-as-usual" approach to climate mitigation and carbon emissions will see 7% of global GDP disappear by 2100, with the UK down's economy down 4%, according to a new report predicting that all nations will be hit by climate change impacts.

The Scottish Events campus where the UN's COP26 climate conference will be held, should the UK and Italy win their join bid to host the two-week talks

Glasgow lined up to host COP26 climate change summit

Glasgow is set to host the COP26 climate change summit next year, should the UK win the bid to host the international event, the Government has said.

Shalit (pictured) turned pages of data into one poster and then an online database. Image: ClimateView

Swedish lessons: Can data management enable the UK to deliver a net-zero economy?

The UK's net-zero climate target has been widely welcomed, but is currently lacking some actual points of delivery. Fortunately, Sweden's own net-zero target can teach politicians some interesting lessons, including how big data and digitisation can mobilise action plans.

The commitments cover the University's entire estate of 20+ facilities across the Cambridge city-region

Cambridge becomes first university to set 1.5C science-based targets

The University of Cambridge has become the first higher education institution in the world to set  science-based targets in line with the Paris Agreement's more ambitious 1.5C trajectory.

Almost 600 companies have committed to climate action through the SBTi

Business giants commit to delivering net-zero strategies

More than 20 companies, including Telefonica, Vodafone and Unilever, with a total market capitalisation of more than $1.2trn have committed to setting science-based targets aligned to 1.5C reductions and net-zero emissions for 2050.

For Burberry, 1.5C was the intended target from the outset

How Burberry joined the business elite in setting a 1.5C science-based target

EXCLUSIVE: As Burberry became the latest corporate to set a science-based target aligned to the Paris Agreement's most ambitious pathway, the company's vice president of corporate responsibility outlined how the goal was set, and what happens next.

GRI and CDP believe that better engagement with the private sectors will create a new mindset for businesses to explore their own climate targets

Report: Nations must engage with private sector to achieve Paris Agreement

A new whitepaper from GRI and CDP has outlined the importance of increasing private sector engagement in meeting national climate change commitments made under the Paris Agreement.

The corporates studied hail from 14 of the world's most carbon-intensive sectors, including oil and gas extraction and distribution 

Report: Just one-eighth of corporates aligning with Paris Agreement

An analysis of 274 corporates across the world's most carbon-intense sectors has found that just one in eight are reducing their emissions in line with the Paris Agreement's less ambitious trajectory of 2C.

Sir David Attenborough was questioned by MPs in front of a large audience

Sir David Attenborough: 'Radical' battle against climate change can be a 'huge opportunity'

Sir David Attenborough has welcomed that the UK's net-zero carbon emissions target, noting that any nation that can "get ahead of the game" on the climate movement can generate huge economic and societal opportunities, provided "radical change" is introduced.

The group would propose a vote on setting up the “common sense” committee at the first sitting of the new Parliament next week

EU leftists demand 'climate emergency' Parliament committee

The European Parliament's leftist group (GUE/NGL) has proposed setting up a special climate emergency parliamentary committee to shift the spotlight on to green issues even more over the next five years.

The goals were announced in April, but have since been approved by the SBTi

Co-op to halve emissions with 1.5C science-based target

The Co-op has joined a select group of business leaders committed to aligning emissions reduction strategies with the highest ambition of the Paris Agreement, after pledging to halve its greenhouse gas emissions by 2025.

Aerial view of Bonn

UN climate talks end amid major questioning of landmark 1.5C IPCC report

Climate negotiations ended in Bonn, Germany, Thursday (27 June), with Saudi Arabia questioning the scientific value of the UN's 1.5 °C global warming report. No agreement has been reached on the carbon mechanisms enshrined in Article 6 of the Paris Agreement.

Burberry has already achieved carbon neutral status across the Americas region, EMEIA retail stores and its UK operations Image: Mparweo/Wikipedia

Burberry to reduce emissions by 95% through approved 1.5C science-based target

Luxury fashion giant Burberry has joined just a handful of companies in setting a science-based target aligned to the 1.5C trajectory of the Paris Agreement, after committing to reducing its operational emissions by 95% by 2022.

The partnership will form part of a wider strategic partnership focusing on climate change

UK looks set to host COP26 in partnership with Italy

The UK has formally proposed its intention to host next year's international COP climate conference as part of a partnership with Italy that will see the latter host a pre-COP event.

For some, the SDGs have proved to be “better measures of success” than financial returns alone

The Global Goals: Can the 'long-term North Star' guide businesses to value creation?

At edie Live, experts from the private and public sectors discussed business progress on the Sustainable Development Goals (SDGs). Here, edie explores whether there's still time left for sustainability and energy professionals to harness the Global Goals to truly transform business, for good.