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.
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.
UN maps all land to help businesses halt habitat and biodiversity destruction
Scientists have mapped the entirety of the planet's terrestrial habitat, creating a resource that will help businesses and investors measure and minimize their impacts on natural resources and biodiversity.
ESG disclosure 'firmly in the mainstream' for corporate reporting
New analysis of global reporting frameworks and requirements for corporate sustainability has found that environmental, social and governance (ESG) disclosure is becoming a crucial aspect of corporate transparency.
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).
edie Explains: The Task Force on Climate-related Financial Disclosures (TCFD)
What are the TCFD recomendations? Why does climate disclosure matter? How do you access the financial impacts of climate change? And, what is scenario analysis? This free edie Explains guide gives you everything you need to know.
edie launches top tips guide for smart grids
edie has published a new top tips guide, outlining 10 clear and concise pieces of advice for businesses looking to explore smart grid technology.
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.
edie launches brand new Sustainable Investment Digital Conference for September
edie is launching its first bespoke sustainability conference focused on green finance, with experts from ING, BlackRock and BNP Paribas set to discuss investment and the green recovery at the Sustainable Investment Digital Conference on 7-8 September 2020.
Sustainable Business Covered podcast: Streaming and the environment
Episode 87 of the Sustainable Business Covered podcast sees edie discuss the energy impact of streaming and digitalisation, featuring interviews with former npower chief executive Paul Massara, UCL professor Yiannis Andreopoulos and vinyl CD manufacturer and retailer Key Production.
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.
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.
Race to Zero: COP26 campaign launched to push nations towards net-zero targets
To mark World Environment Day, the UK Government has launched its "Race to Zero" global campaign to mobilise support for the net-zero transition across businesses, cities and nations, with new data finding that 53% of global GDP is covered by a net-zero ambition in some form.
'Records are falling like dominos': Europe delivering record renewables generation
New statistics have confirmed that Europe broke a renewables generation record during the month, with the continent sourcing more than 50% of its energy needs from green energy on May 24.
Zalando and Sustainable Apparel Coalition issue sustainable metrics for brands and retailers
German online fashion retailer Zalando has confirmed it will be the first retailer signed up to the Sustainable Apparel Coalition (SAC) to use a new module that will make sustainability assessments mandatory for its private labels and partner brands sold on its platform.
West Sussex's £31m 'smart' local energy system to progress during lockdown
A Virtual Power Plant (VPP) project in West Sussex which is aiming to streamline how low-carbon energy is generated, stored, traded and consumed is still running "at full speed" despite the economic disruptions caused by the coronavirus pandemic.
IEA: Coronavirus to cause largest ever drop in global energy investment
The world is on course to witness the largest ever drop in investment in global energy, with the coronavirus pandemic set to restrict spending across renewables, gas, fossil fuels and cleantech.
Purpose from passion: How UK communities can help deliver net-zero
As we continue to seek new and innovative strategies to 'Build Back Better', Anda Baumerte, Sustainability Manager and Community Energy Contact at Northern Powergrid outlines how with DNO support community energy projects can transform our energy network and play a vital role in the transition to net-zero.
HSBC raises £386m fund for climate mitigation in developing countries
HSBC, in partnership with the World Banks's sister organisation the IFC, has raised £386m ($474m) to support investments into climate mitigation across developing countries and markets.
Number of companies requesting supplier environment data jumps by a quarter
The number of companies calling on their supplier to disclose environmental data to CDP has increased by 24% in a year, with more than 150 organisations now taking proactive steps to gain more understanding of the environmental impacts of their supply chains.
Business Barometer: Energy managers focused on data and technology for low-carbon plans
EXCLUSIVE: Energy managers are hoping to focus on data optimisation and smart technologies such as Artificial Intelligence to accelerate low-carbon plans, although financials barriers do remain, according to edie's new barometer survey report, published today (20 May).
Business giants failing to disclose climate-related risks
Europe's largest businesses are failing to provide relevant climate-related data to investors, which could jeopardise the European Union's aims to deliver a "just" carbon-neutral transition by 2050.
Report: UK manufacturers boosting profits by focusing on energy efficiency
UK manufacturers that have taken steps to improve energy efficiency and decarbonise operations are reaping benefits, with 40% reporting increased profit margins and 30% experiencing increased competitiveness.
Intel targets net-positive water use and world's 'most sustainable' PC
IT manufacturer Intel has unveiled new sustainability targets for 2030, committing to achieving net-positive water use, being powered by 100% renewables and launching the "most sustainable and energy-efficient PC in the world".
ESG bonds rise by 270% year-on-year as finance community assists Covid-19 response
The issuance of Environmental, Social, and Governance (ESG) bonds has increased by 272% year-on-year, as investors and insurance firms take proactive steps to respond to the coronavirus pandemic.
New kids on the block: How Minecraft is shaping the next generation of green workers during lockdown
With 1.5 billion children globally unable to attend school during the lockdown, companies including TEDEd, EIT InnoEnergy and the makers of gaming sensation Minecraft have rolled out engaging online content aimed at harnessing the momentum of the 2019 climate strikes.
Five steps to building a resilient carbon strategy in a post-pandemic world
During edie's recent online masterclass, sustainability and energy specialists from Centrica and its Business Solutions arm discussed steps to building corporate carbon strategies while exploring how attitudes towards decarbonisation will change as a result of the coronavirus pandemic.
McKinsey: Reaching 1.5C a ‘daunting’ and unparalleled transition for all sectors
The global transition to limiting global temperature increases to 1.5C by 2050 has been labelled as a "daunting task", that would require unprecedented levels of decarbonisation for key sectors, with the world currently on course to exceed its carbon budget by 2031.
UK sets new record for coal-free generation
The UK has this morning broken its existing record for coal-free power generation, surpassing 18 consecutive days and counting.
Sustainability and CSR professionals: What to do if you've been furloughed
Being furloughed as a sustainability professional can make you question how important your role, and indeed the sustainability agenda is to a business. Here, edie outlines how to handle being furloughed from a mental and professional standpoint.
Coca-Cola and Pepsi falling short on pledges over plastic - report
Coca-Cola and Pepsi are not doing enough to reduce their plastic waste footprint globally, according to a report.
Number of UK sustainability professionals climbs by 12%, according to LinkedIn
The UK has been listed as one of the global leaders for green job growth, with new analysis from LinkedIn revealing an increase in UK sustainability professionals of 12%, almost double the global average.
Coronavirus and globalisation: What next for supply chain sustainability?
Covid-19 has brought global economies to a standstill and knocked the confidence in global and connected trade. Would businesses benefit from pivoting to more localised value chains, or do global supply chains enable a global shift towards a climate-resilient future?
Planetary Computer: Microsoft launches data-driven platform to accelerate global biodiversity efforts
Microsoft has announced the creation of a "Planetary Computer" that will give charities, business and policymakers access to scientific data on how land use, reforestation and other wildlife initiatives can improve biodiversity conservation and climate change mitigation, as the company pledges to protect more land than it uses by 2025.
Content comes at a cost: Reducing the harm of our video habits on the planet
When watching a TV show or a movie online, the environmental cost of our appetite for content is probably the last thing on our minds.
Focusing on people and the planet this Easter
While Easter celebrations will almost certainly be different for many of us this year, it will still be synonymous with chocolate. Cocoa production worldwide hit a record high of 4.85 million tonnes last year and shows little sign of slowing down as, in the face of the pandemic, consumers reach for familiar comforts like chocolate.
Renewables eclipse other power sources in Great Britain for first quarter of 2020
New data has revealed that renewables accounted for more electricity than any other power source in Great Britain for the first quarter of 2020, as blustery winds spurred renewables generation to 45% of the entire electricity mix.
New renewable energy capacity hit record levels in 2019
Almost three-quarters of new electricity generation capacity built in 2019 uses renewable energy, representing an all-time record. New data from the International Renewable Energy Agency (Irena) shows solar, wind and other green technologies now provide more than one-third of the world's power, marking another record.
Company car tax rates for electric vehicles slashed to spur market uptake
New UK regulations that came into force this week will ensure that any businesses purchasing electric vehicles (EVs) will not pay any benefit-in-kind (BiK) tax, as the UK Government attempts to incentivise the market for EVs.
UK's carbon footprint 21% below peak levels, latest Government figures show
The UK's total carbon footprint - a term used to cover consumption-related emissions wherever in the world they occur - fell by 21% between 2007 and 2017, new Government data has revealed.
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.
New digital tool launched by Government to simplify SECR reporting
The Government agency and reporting council overseeing compliance for the upcoming Streamlined Energy and Carbon Reporting (SECR) standards have launched a new taxonomy to submit relevant data in better aligned digital formats.
Meat sector 'facing ruin' as climate change set to cripple earnings
The increased impacts of climate change coupled with rapid growth of alternative proteins will put "billions of dollars at risk" in the meat sector, as a new study warns that companies are failing to disclose climate-related data or examine how they would perform based on numerous climate pathways.
Corporates and asset managers scrutinised as climate disclosure requirements take shape
As the Financial Conduct Authority (FCA) lines up new corporate disclosure measures, the Treasury Committee and NGO ShareAction have launched separate examinations of the performance of asset managers against key Environmental, Social, and Governance (ESG) metrics.
A female revolution: First stop, climate change
For International Women's Day 2020, AB Sugar's Head of Advocacy, Katharine Teague, discusses how women leaders are emerging to devise strategies that are helping to combat climate change.
Nestlé signs up to European Plastics Pact to push for 100% recyclable or reusable packaging
Food and beverage giant Nestlé has announced that its European business is following in the footsteps of its UK operations by signing up to the European Plastics Pact to help achieve its goals of ensuring packaging is 100% reusable or recyclable by 2025.
Businesses urged to capture £6bn energy savings as SECR requirements loom
Businesses have been urged by the UK Government to accelerate efforts to improve energy efficiency in order to cut corporate energy use by 20%, saving £6bn in the process, ahead of the new Streamlined Energy & Carbon Reporting requirements (SECR) that are set to enter into force.
Plastic Leak Project launched to measure plastic pollution across corporate value chains
A new science-based metric has been produced by a range of public, private and scientific stakeholders that will enable businesses to conduct plastic leakage assessments to identify hotspot areas to combat the amount of plastic seeping into the natural environment.
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.
Energy companies trial 'heat-as-a-service' to drive demand for low-carbon solutions
UK energy companies Bristol Energy and Baxi Heating have completed year-long trials funded by the Department of Business Energy and Industrial Strategy (BEIS) to explore whether offering heat as a service could drive demand for low-carbon heating solutions in the UK's domestic building stock.
World's largest mining firms 'selectively reporting' on positive sustainability progress, report warns
Many of the world's largest mining companies are choosing to omit mentions of their negative environmental and social impacts from their annual report, highlighting and overstating positive impacts instead, a new report has warned.
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.
'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.
edie launches business guide to Streamlined Energy and Carbon Reporting
edie has launched a business guide into the important issue of Streamlined Energy and Carbon Reporting (SECR) as the first full financial year since the scheme was introduced in April 2019 draws to an end.
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.
Five key takeaways from edie's net-zero energy masterclass
Last week, edie undertook a masterclass with Smartest Energy on evolving your energy strategy for net-zero, which included a case study with property giant JLL.
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.
Accounting bodies call for better disclosure on business SDG accountability
Leading accounting bodies have called for better corporate disclose on efforts to align reporting with the Sustainable Development Goals (SDG), with a new report calling on organisations to disclose negative contributions in order to deliver change.
Mark Carney announced as Boris Johnson's finance advisor for COP26
Prime Minister Boris Johnson has appointed the departing Governor for the Bank of England Mark Carney as his Finance Advisor for the COP26 climate summit, taking place in Glasgow at the end of the year.
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.
Kroger revamps action plan to eliminate food waste by 2025
US retail giant Kroger has unveiled new steps to eliminate food waste across its company by 2025 by prioritising food donations and technological innovations to drive action through a Zero Hunger, Zero Waste initiative.
edie launches series of mini-reports for energy transition to net-zero
edie has released a series of mini-reports on key topics for energy management and the transition to a net-zero carbon economy.
5 ways to maximise the impact of your energy data
Experts across energy management came together at edie’s SPARK! 2.0 event to discuss the role that energy data could play in the delivery of targets and overall strategy.
Will 2020 be the year of mandatory climate disclosure?
Leading experts believe that it is "highly likely" that disclosing climate-related data to the Task Force on Climate-related Financial Disclosures (TCFD's) will become mandatory and have called on business professionals to start collecting and mapping data now.
UK towns and cities to benefit from Google's climate management tech
Google will enable more than 100 global areas across to access a digital tool which helps towns and cities to measure and reduce their carbon footprint, including major UK cities.
New report reveals surge in employee engagement on energy issues
EXCLUSIVE: The UK's declaration of a climate emergency combined with the recent climate strikes and protests has fuelled a surge in awareness of energy issues among employees across the country, according to the latest Business Energy Barometer conducted by edie.
Available on demand: Energy efficiency 2.0 webinar for Net-Zero November
Shai Guness, compliance and CSR manager at Direct Line Group, spoke during an edie webinar, which will took place on Wednesday 20 November at 2pm (GMT) that outlined the role of energy efficiency in delivering net-zero.
Policy gaps stifling profitability of digital revolution for clean transport
A new report from think tank The Green Alliance has warned that policy gaps and the uncertainty of Brexit is halting investment from manufacturers into the "new competitiveness frontier" of smart technology for electric vehicles (EVs), which risks pushing the UK's net-zero emissions goal out of reach.
Sustainable Business Covered podcast: In the Green Room with RELX's Marcia Balisciano
The Green Room makes its long-awaited return to the edie podcast, as content editor Matt Mace discuss Sustainable Development Goals, the evolution of CSR and the notion of fear in the climate battle with RELX's director of corporate responsibility Márcia Balisciano (MBE).
O2 recycles three million mobile devices in a decade
Telecoms company O2 has received more than three million devices as part of a trade-in scheme to boost the recyclability of smartphones, a move that has stopped more than 450 tonnes of phone-related waste from going to landfill.
Air pollution reduced by a third in London's ULEZ
As new data reveals that air pollution is increasing the number of people suffering from severe health conditions, London City Hall has revealed that the introduction of Ultra Low Emission Zone (ULEZ) has slashed pollution levels by a third and carbon emissions by 13%.
Google's city emissions tool expands into Europe
Google's online emissions dataset tool to help city planners build policies to lower emissions has launched across Europe today, with Dublin, Krakow, Birmingham, and the greater metropolitan area of Manchester set to use it to assist with planning developments.
Views wanted from edie readers on Streamlined Energy and Carbon reporting
edie wants to hear from energy and sustainability professionals about how they are getting to grips with Streamlined Energy and Carbon Reporting (SECR).
'Simple' energy efficiency measures could deliver £45m benefit for UK businesses
New data from EDF Energy has revealed that measures such as installing energy efficient lighting and better heating management could create more than £45m in energy cost savings across 4,150 analysed sites.
Now on demand: edie's masterclass on Streamlined Energy & Carbon Reporting for business
edie's 45-minutes masterclass, now on demand, saw experts from Inspired Energy outline how businesses can get to grips with the Streamlined Energy and Carbon Reporting (SECR) framework.
Billions wanted: Report sets net-zero price as Siemens aims for £100bn green project pipeline
Technology firm Siemens has signed an agreement with a coalition of 94 local authority political leaders across the UK to help unlock green investment towards clean energy projects, as a new report warns that up to £20bn may be required annually to deliver the UK's net-zero commitment.
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.
Asda unveils digital seafood supply chain map
Asda has unveiled a digital map which gives consumers access to information regarding all supply chain of the seafood used in its own-brand products.
Energy managers cynical about Government's net-zero targets, edie's new survey reveals
The second edie Business Barometer of energy managers, supported by Centrica Business Solutions, revealed a sector that was cynical of the Government's policy objectives - but are not concerned about Brexit.
Coal generation becoming a 'distant memory' as share of energy mix falls to 0.7%
The amount of energy generated from coal sources in the UK has fallen to a record-low output of 0.7% - a 63% decline on the same period the year prior - with low-carbon making up more than half of the UK's energy mix.
Hoarding old gadgets 'preventing circular economy shift' and 'spurring rare mineral shortages'
The fact that most UK households are hoarding old digital gadgets with no plans to recycle them is a key barrier to implementing circular economy principles for e-waste, the Royal Society of Chemistry has claimed.
UK supermarkets accused of over-producing low-quality meat
Anti-hunger charity Feedback is calling for big-name UK supermarkets such as Iceland, Lidl and Asda to offer "less and better" meat, in order to minimise their climate impacts.
‘Well’ under control
In The Salmon of Doubt, author Douglas Adams writes: "We are stuck with technology when what we really want is just stuff that works." These are words that we can and should apply to our experience of technology in the workplace.
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.
Coors' plastic-free packaging and solar-powered trains: 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.
UN launches Green Finance Platform to improve banks and business interactions
The UN's Green Growth Knowledge Platform (GGKP) has launched two new platforms to improve the dialogue and actions between the finance sector and businesses in order to accelerate the growth of green finance.
Energy management design sprint (Part One): How to unlock innovation in your business
In the first of a special two-part feature, edie reveals the results of two full-day workshops which applied principles of 'design thinking' to the role of the energy manager. Here, we summarise our first workshop, which explored how this group can harness energy innovations.
UK unveils Green Finance Strategy to drive progress towards net-zero goal
The UK Government has unveiled its highly anticipated Green Finance Strategy, outlining how the finance sector and better climate disclosure from corporates can drive progress towards wider action on climate change and the push towards net-zero emissions.
IHG taps into AI technology in bid to slash food waste by 30%
InterContinental Hotels Group (IHG) is using artificial intelligence (AI) technology across its restaurant and bar operations in a bid to achieve a 30% reduction in food waste.
Network operators collaborate on blockchain data register for generation and storage
Energy firms and network operators have teamed together to create a shared register powered by blockchain for energy generation and storage data, in a bid to improve the decarbonisation and operating costs of the UK energy system.
Record 11 million people now employed in renewable energy sector
Renewable energy now accounts for more than 11 million jobs worldwide, according to the latest set of official figures on the sector.
Climate-related financial disclosures 'still insufficient for investors', says TCFD
Efforts to disclose climate-related data aligned to the Task Force on Climate-related Financial Disclosures (TCFD's) recommendations have increased by more than 50%, but concerns remain that companies aren't providing enough information to inform the investor community.
Scrolling towards a better future or coding for chaos? What the ‘Onlife’ means for sustainability
Half the world's population does something unimaginable every day. We each connect into a species-wide hive mind that reaches into our pockets, our screens and controls what we see, think and believe.
Scope 3 emissions and science-based targets: Your key questions, answered
During an interactive webinar on Thursday (30 May), experts from CDP, Multiplex and Carbon Credentials answered readers' key questions on Scope 3 (indirect) emissions and science-based targets. Here, edie rounds up their answers.
UK creates 'blue belt' of marine protected areas twice England's size
An area nearly twice the size of England will become a "blue belt" of protected waters after the government created 41 new marine conservation zones.
NOW AVAILABLE ON-DEMAND: edie's Scope 3 emissions webinar with Multiplex, CDP and Carbon Credentials
Sustainability and energy professionals looking to gain key insights on tackling Scope 3 emissions as part of the science-based targets process can tune into a free one-hour webinar featuring Multiplex Construction Europe, CDP and Carbon Credentials, on-demand.
Public EV charge points outnumber petrol stations in the UK
The number of public charging stations for electric vehicles (EVs) in the UK has surpassed the number of petrol stations for the first time.
Measuring impact on the SDGs through AI
How do you know whether you're truly contributing to the SDGs? It's one thing to set objectives and priorities, it's quite another thing to get there.