Chanel links €600m sustainability bond to science-based targets
Luxury fashion and fragrance giant Chanel has issued a €600m transaction for bonds linked to the company's progress against its 1.5C science-based targets.
Renewable and technology associations team up to drive corporate demand for clean energy
UK trade associations, techUK, the Solar Trade Association (STA) and RenewableUK are forming a new partnership to encourage companies to purchase more renewable energy in a bid to spur the net-zero transition.
Climate crowdsourcing: Government urged to put digital technology at heart of net-zero strategy
A new report has called on the UK Government to secure a windfall of the emerging digital climate tech sector by embracing low-carbon innovation through policy measures - a move which could help slash emissions and add billions to the UK economy.
Transition Agreements: Companies urged to future-proof job security as part of net-zero disruption
Companies should make Transition Agreements with existing unions to ensure that job security, training and potential redeployment are covered as part of the UK's net-zero transition.
Recycled aluminium could help Jaguar Land Rover reduce emissions by a quarter
Jaguar Land Rover (JLR) has revealed that its ongoing project to recover and reuse aluminium from drinks cans and end-of-life vehicles into new car products could reduce its carbon emissions by up to 26%.
UK's CCS deployment lacking 'comprehensive' planning on non-cluster sites
The UK's net-zero transition is lacking a "comprehensive regulatory framework" to overcome challenges to "dispersed" sites that would be suitable for carbon capture technology (CCS) but that aren't located in industrial clusters.
Scope 3 and the supply chain: How businesses are taking sustainability leadership to a new frontier
Not too long ago, sustainable leadership was defined by those 'getting their own house in order' through emissions reductions, but as the pace required to reduce emissions grows, so too does the efforts from businesses to assist the supply chain in decarbonising. Here, edie looks at some of the transformational ways businesses are engaging with suppliers.
Capgemini targets net-zero operations and supply chain by 2030
IT services and consultancy firm Capgemini has pledged to achieve carbon-neutral operations by 2025 and full net-zero alignment by 2030, after meeting one of its key emissions targets a decade ahead of schedule.
Government urged to ratchet up spending into household energy efficiency
The UK Government has been urged to implement a Home Improvement Plan to facilitate more than £5bn in annual spending to improve the energy efficiency of the UK's housing stock to contribute to the net-zero target for 2050.
UK among nations calling for low-carbon industrial transition to spur job growth
The UK has joined seven other nations in calling for industrial transitions to be delivered in a way that delivers new jobs and is in alignment with ongoing efforts to tackle the climate crisis.
Equinor to deliver world's largest at-scale hydrogen from carbon capture plant in Hull
Equinor has unveiled plans to develop the world's largest plant capable of converting natural gas to hydrogen in combination with carbon capture and storage (CCUS), as part of the zero-carbon industrial hub located in the Humber region.
Amazon to invest $2bn in low-carbon innovations
Amazon will invest at least $2bn (£1.6bn) in smaller firms creating technologies or services aimed at reducing carbon emissions to net-zero, the e-commerce giant announced on Tuesday (23 June).
British Land targets net-zero portfolio by 2030
Property development and investment giant British Land has unveiled a sweeping new sustainability strategy, headlined by a 2030 net-zero target for its office and retail estate.
Luton Airport to become 'most sustainable airport' by 2040
London Luton Airport has revealed an intention to become the UK's "most sustainable airport" by 2040, claiming that a planned expansion can be delivered in line with the ambitions of the Paris Agreement.
Heat Networks Industry Council set up to spur zero-carbon networks and job growth
Organisations overseeing the UK's heat networks and industry have created a new Council that will oversee plans to drive up to £50bn in investment into the sector to create 35,000 new jobs and deliver zero-carbon heat networks.
Cooling sector lagging behind on low-carbon innovation
With news emerging that last month was the joint-warmest April ever recorded, new analysis from CDP has warned that major consumer electronic and cooling appliance firms are failing to innovate technology to spur decarbonisation.
#SustyTalk: WSP UK's David Symons on net-zero pledges and a just recovery
edie's #SustyTalk interview series continues with environmental services firm WSP's director of sustainability David Symons discussing sector-wide pledges to net-zero emissions and how to build back better from the coronavirus pandemic.
'Use it or lose it': Pandemic recovery a decisive moment for climate action
A new report from global analyst firm McKinsey has found that recovery packages from the coronavirus pandemic will be decisive in putting the world on course to meeting the Paris Agreement, calling for low-carbon technologies and solutions to be prioritised.
UK's gas networks call for £900m investment into zero-carbon infrastructure
Britain's five gas networks companies have today outlined plans to spend more than £900m on zero-carbon energy infrastructure and hydrogen deployment across the UK, subject to Government approval on funding.
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.
MPs call for Just Transition Fund to spur green recovery towards net-zero
A commission of cross-party MPs has added to the calls for the UK to prioritise and deliver a green recovery from the coronavirus pandemic, claiming that £30bn should be spent on a climate-focused recovery that also establishes a £5bn national Just Transition Fund.
edie launches new business guide on carbon offsetting
edie has today (26 May) published a new explains guide, focusing on how businesses should approach the use of carbon offsetting to assist a carbon reduction strategy.
Zero-carbon Humber cluster to rollout carbon capture and hydrogen production
Plans to create the world's first zero-carbon industrial cluster in the Humber region reached another milestone this week, as Phillips 66 and Uniper signed an agreement to deploy a carbon capture and storage (CCUS) and hydrogen production facility.
Net-Zero Week Podcast (Two-part special): Green recoveries and net-zero strategy deep dives
For Net-Zero Week, the edie podcast is split into two parts, first to discuss green recoveries with Christiana Figueres, Jonathon Porritt and Paul Polman, before embarking on a deep dive of what makes a net-zero target with engineering firm Jacobs, online retailer Zalando and episode sponsors Centrica Business Solutions.
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.
Conde Nast to become carbon-neutral by 2030
Global fashion media company Conde Nast, which owns brands including Vogue and GQ, has committed to becoming a carbon-neutral company by 2030 while committing to educate its audience on the climate emergency.
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).
Government taskforce sets out tools to unlock £65bn investment into green housing
The UK Government's Green Finance Institute (GFI) has found that scaling up green retrofitting of the UK's existing housing stock would require investments of up to £65bn while supporting the economic recovery, as the Green Alliance calls for policy amendments to retrofitting in the UK.
Jonathon Porritt: Corporate advocacy must be cornerstone of coronavirus recovery
EXCLUSIVE: Business leaders must use the Covid-19 recovery process as an opportunity to promote the benefits of deep decarbonisation, and to rebuild an economy based on strong social and environmental values, Forum for the Future’s founder-director Jonathon Porritt has told edie.
Carbon scorecards and working groups: Engineers gear up to support UK's net-zero ambition
The National Engineering Policy Centre (NEPC) has outlined the steps that the engineering sector can take to assist with the UK-wide decarbonisation to reach net-zero emissions by 2050, while WSP has led an economy-wide call for strengthened net-zero policies.
Christiana Figueres: Businesses must put net-zero at heart of green recovery
EXCLUSIVE: Governments and businesses have an "enormous opportunity" to build decarbonisation principles into the Covid-19 recovery process, the former UN climate chief Christiana Figueres has told edie.
Carbon price: Tax polluters not people to assist coronavirus recovery, report urges
Carbon pricing aligned to the needs of the Paris Agreement can raise revenue to support the coronavirus recovery in a better way than a tax on income or labour, new research by the Grantham Research Institute on Climate Change and Environment at the London School of Economics and Political Science (LSE) has found.
Northern Powergrid unveils community engagement decarbonisation plans
The distribution network operator (DNO) for the North East, Yorkshire and northern Lincolnshire has unveiled a new community energy engagement strategy outlining steps to use community-based consumption and power to respond to the climate emergency.
edie launches free Decentralised Energy Toolkit for businesses
edie has today (13 May) launched a new toolkit, in association with UK Power Network Services, to outline and showcase how businesses large and small can explore distributed energy solutions to assist with decarbonisation strategies and give them more control over energy usage.
Mitie signs up to RE100 following EP100 and EV100 commitments
Mitie has become the first facilities management firm to sign up to all three of the Climate Group's initiatives, after committing to source 100% renewables as part of the RE100 platform and having already signed up to the EV100 and EP100 initiatives.
Oil and gas giants overstating net-zero ambitions, study finds
Recent announcements from European oil and gas majors such as Total, Shell and BP to commit to net-zero aren't actually aligned to the required, science-based cuts to emissions to reach net-zero or the 1.5C target of the Paris Agreement, new research has found.
Business leaders call for recovery packages to be tied to net-zero corporate targets
The chief executives from 40 global organisations including BP, Heathrow Airport, Shell and HSBC, have called on governments to focus economic recovery packages in ways that enable sectors and businesses to transition to low-carbon and resilient models of operation.
Scottish Water switches on latest solar array at Dunfermline wastewater facility
A wastewater treatment facility in Dunfermline is the latest Scottish Water facility to be fitted with onsite solar technology, as the water company progresses towards its net-zero carbon target for 2040.
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.
Available to watch on-demand: edie's 45-minute masterclass on net-zero implementation
edie's latest series of masters content for developing net-zero businesses focused on decarbonisation implementation and took place on Wednesday, 29 April, featuring expert insight from Centrica's group head of environment Jim Rushden and Centrica Business Solutions' director of product management John Hartley. It is now available to watch on-demand.
IEA: Global emissions in 2020 to plummet by largest margin ever recorded due to Covid-19
The Covid-19 pandemic is set to deliver the biggest disruption to the energy system since the 1930s, with global electricity demand to fall by 5% while the level of emissions for 2020 are set to fall by 8% - the largest annual decrease in emissions ever recorded, according to the IEA.
Businesses provide NHS workers with renewably powered smartphone chargers
A new initiative has been set up to provide more than 850 pre-charged power banks using 100% renewable energy to help NHS workers charge smartphones and stay connected during shifts on the Covid-19 frontline.
Flexitricity and Devonshire food firm deliver first 'virtual' balancing mechanism trade
A Devonshire catering company has become the first business in the UK to trade into a virtual balancing mechanism in response to a demand request from the National Grid Electricity System Operator (ESO).
IRENA: Renewables transition to boost global economy by $98trn
With the global economy set to slump to its lowest output for more than a century, nations can spur a global economic recovery by delivering a renewables-based energy transformation that could boost cumulative global GDP gains by more than $98trn compared to a 'business-as-usual' trajectory.
Businesses called upon to consult on £300m energy-saving Climate Change Agreement
The Department for Business, Energy, and Industrial Strategy (BEIS) has launched a two-month consultation on an extension to the Climate Change Agreement (CCA), a legislative mechanism that enables businesses to save up to £300m annually on energy costs.
Available to watch on-demand: Climate-resilient supply chains webinar featuring BT and HPE
edie's latest webinar, focused on how businesses can build sustainable, climate-resilient supply chains featuring expert insight from sustainability professionals from BT, HPE, Project X Global and UL. It is now available to watch on-demand.
Net-zero: Is the UK's gas grid ready to go green?
In a week where plans were unveiled for a nationwide roll-out of farming greenhouses heated by wastewater, the UK's major gas operators have teamed up to launch a programme aimed at delivering the world's first zero-carbon gas grid.
Almost half of UK's carbon emissions not accounted for under net-zero target, report warns
The UK's net-zero target is failing to account for emissions from overseas manufacturing of products imported into the country, a figure which a new report from WWF claims accounts for 46% of the UK's annual carbon footprint.
Mitie to double energy productivity through EP100 initiative
British facilities management (FM) firm Mitie has built on its net-zero emissions target set for 2025 by joining the Climate Group's EP100 initiative to double its energy productivity.
Net-zero by 2030: Decarbonisation plans presented to Exeter City Council
A plan detailing how the city of Exeter can achieve net-zero emissions through reduced energy consumption, renewables uptake and the promoting of healthy living have been presented to the city council for approval.
Climate Week NYC given September go-ahead as 'virtual' event
The Climate Group group has today (6 April) confirmed that its major week-long event designed to ramp up corporate action on climate change will still take place during September, but will be coordinated through a virtual platform.
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.
Hackney Council powered by 100% renewable electricity
Hackney Council is now sourcing 100% of its electricity demand from renewables, with the council accelerating towards a goal to reach net-zero emissions by 2040.
Prioritise Small-scale technology to deliver affordable net-zero transition, researchers claim
A new study has warned of focusing on "politically seductive" large-scale solutions such as nuclear and carbon capture and storage (CCS), noting that more granular solutions like energy storage, solar and heat pumps can be mass deployed at an affordable cost to enable a quicker net-zero transition.
'Normal was a crisis': Why the Green New Deal is the perfect response for the post-Covid-19 economy
As the economy and society continue to suffer from the impacts of the coronavirus, experts are already exploring how to stimulate a financial recovery. All roads could lead to a Green New Deal, but the green economy will need a clear and concise voice to push policy towards it.
Study: Climate-wrecking products 'should come with smoking-style warnings'
Cigarette packets with grisly warnings of the consequences of smoking are intended to deter smokers. Now a group of public health experts says similar warnings should appear on high-carbon products, from airline tickets and energy bills to petrol pumps, to show consumers the health impacts of the climate crisis.
UK's domestic emissions fall 3.6% as renewables take record generation share
The UK's domestic greenhouse gas (GHG) emissions underwent a 3.6% year-on-year fall in 2019 - during which time renewable energy rose to a record 36.9% share of electricity generation.
TODAY AT 1PM: Join edie's webinar on achieving net-zero
Readers have only a few hours left to register for edie's net-zero webinar, which will outline some of the key elements in the field of setting goals for net-zero carbon and greenhouse gas emissions.
Net-zero cities: Leeds's mission to be carbon neutral by 2030
edie's new mini-series exploring how local authorities are collaborating with businesses to actuate community-centred sustainability schemes on the road to net-zero emissions continues, this time exploring how Leeds plans to become a net-zero city by 2030.
Carbon tax rises 'could fund energy efficiency drive'
The government could siphon off a large chunk of the revenues from increased carbon prices to improve the energy efficiency of fuel poor households, according to a new report from the London School of Economics' Grantham Institute.
Does the Budget put the UK on course for net-zero emissions?
Chancellor Rishi Sunak's first Budget was brimming with green funding for natural climate solutions and carbon capture and storage (CCS), but key spending reviews and strategies on the horizon will clarify whether these will act as the launchpad for a net-zero carbon economy.
Built environment: Avison Young and St. Modwen set net-zero carbon targets
Real estate advisor Avison Young and housebuilder St. Modwen have become the latest companies in the built environment sector to pledge to achieve net-zero carbon emissions.
UK's net-zero target possible with 'unprecedented' low-carbon innovation
Reaching net-zero emissions in the UK by 2050 is possible but would require "unprecedented innovation across the economy" that could see electricity generation triple, hydrogen generation grow exponentially and land use to be radically overhauled across the country.
Comprehensive net-zero strategy could increase UK green jobs by 85%
The UK Government can deliver an 85% increase in renewable and clean technology jobs in a decade by implementing better taxation systems and outlining a roadmap for net-zero emissions, a new report from the REA has found.
Businesses call on Prime Minister to accelerate climate action
Business giants including Unilever, Tesco, Sky and Coca-Cola have called on Prime Minister Boris Johnson to develop a clear strategy that will set out a pathway to achieving the net-zero emissions target for 2050 that enables businesses to understand their role in delivering the national ambition.
Cadent Gas launches UK's first 'transition bond' to spur decarbonisation
The UK's largest gas distribution network, Cadent, has agreed to the UK's first 'transition bond' which has been issued to enable heavy-carbon emitters to access funds to decarbonise.
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.
E10 petrol, hydrogen and biomethane: Is the UK on the cusp of low-carbon heat and transport?
As the UK Government consults on a low-carbon fuel mix for petrol stations, two industry associations have called for refined government policy to enable the uptake of hydrogen and biomethane use to help decarbonise heat and transport.
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.
Oil and gas giants sign up to Teesside net-zero carbon capture project
BP, Eni, Equinor, Shell and Total have all signed up to spearhead the development of the Net-Zero Teesside project that aims to develop the UK's first decarbonised industrial cluster through the use of carbon capture, utilisation and storage technology (CCUS).
Five key considerations for businesses investing in electric vehicles
On Thursday (27 February), edie undertook a masterclass with EDF on electric vehicles (EVs) and accelerating the electrification of business fleets. Here, edie rounds up five key ways businesses can kickstart their EV journey.
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.
Government focuses on hydrogen in £90m industrial decarbonisation funding
The UK Government has announced £90m in funding to help cut emissions from industrial processes and the built environment, including the backing of two low-carbon hydrogen production plants.
'A landmark moment': NHS to boost renewable energy sourcing
More than 11% of the NHS's estate will be switched to 100% renewable electricity this spring, under new energy deals signed by its Property Services arm.
EU starts to chart shipping's new green course
The shipping industry will soon have to pay for its environmental impact in the EU, as both the European Commission and Parliament are moving forward with plans to include vessels in the bloc's flagship carbon market. But there are choppy waters ahead.
Sector coupling: Electrification of transport and buildings could slash emissions by 60%
Mass-Scale electrification of the transport, buildings and industrial sectors could enable Europe to reduce greenhouse gas emissions by 60% over the next 30 years, according to a new report published today by research company BloombergNEF (BNEF).
10 ways business leadership will evolve during a crucial decade for sustainability
Sustainability experts and thought leaders were in attendance at edie's Sustainability Leaders Forum to outline how the role of business in a society battling social and environmental crises like never before will change.
Government's plans for low-carbon homes are 'a step backwards' on climate, London Mayor warns
London Mayor Sadiq Khan has urged Ministers to improve plans for decarbonising the UK's built environment sector, claiming that the capital and other cities are already going further and faster in the face of the climate emergency.
WATCH: Jonathon Porritt's inspiring Lifetime Achievement Award acceptance speech
edie's Lifetime Achievement Award-winner Jonathon Porritt, founder-director of Forum for the Future, delivered a rousing call to action to the private sector to "recarbonise" the planet by forging partnerships that pull carbon out of the atmosphere and assist with the ongoing net-zero transition.
WATCH: Mary Robinson on net-zero, climate justice and being 'prisoners of hope'
Chair of The Elders and former president of Ireland Mary Robinson delivered an inspiring keynote speech to kickstart edie's Sustainability Leaders Forum, which is available to watch in-full.
TODAY AT 1PM: register for edie's next webinar on net-zero energy strategies
edie readers have only have only a few hours left to register for the next free webinar masterclass on decarbonising energy and evolving energy strategies to meet net-zero goals.
edie's guides to net-zero carbon continues with the public sector
The fifth report in the series of edie guides on net-zero carbon has launched with a focus on the public sector.
Investment in infrastructure must take centre stage to drive growth in renewables
2020 will undoubtedly be the year that businesses see the true potential in renewables investment.
Net-zero cities: Oxford's mission to become carbon-neutral by 2030
edie's new mini-series exploring how local authorities are collaborating with businesses to actuate community-centred sustainability schemes on the road to net-zero emissions continues, this time with a look at how Oxford and its Citizens' Climate Assembly are aiming for net-zero by 2030.
Industrial Decarbonisation Champion to steer £20m innovation centre for net-zero transition
Professor Mercedes Maroto-Valer has been appointed as an "Industrial Decarbonisation Champion" to oversee the development of a £20m research and innovation centre at Edinburgh's Heriot-Watt University that will drive the delivery of the UK's net-zero emissions target.
Massive rise in EV charging points needed to reach EU climate goals, analysis finds
Europe needs a fifteen-fold increase in electric vehicle public charging points by 2030 to support the EU's goal of becoming "climate neutral" by mid-century, according to new research published Wednesday (8 January).
Net-zero cities: Nottingham's mission to be carbon-neutral by 2028
edie's new mini-series exploring how local authorities are collaborating with businesses to actuate community-centred sustainability schemes on the road to net-zero emissions continues, this time with a look at how Nottingham plans to become the UK's first carbon-neutral city by 2028.
General Election result: Conservative landslide victory raises fresh concerns for green economy
The results are in and Boris Johnson's Conservative Party has won the 2019 General Election with an historic landslide majority, prompting fresh concerns about the strength of environmental regulations in the UK post-Brexit.
Europe's 'man on the moon moment': Green Deal to create world's first climate-neutral continent
European Commission President Ursula von der Leyen has unveiled 50 sweeping plans to enable the EU to reach net-zero emissions by 2050, claiming that the Green Deal was "more than just a vision, it is a roadmap for action".
edie's guides to net-zero carbon continues with construction sector
The fourth report in the series of edie guides on net-zero carbon has launched with a focus on the construction sector.
COP25: Drax to become carbon negative by 2030
UK energy company Drax will announce ambitions to become carbon negative by 2030 at the UN's COP25 climate summit in Madrid today (Tuesday, December 10).
OVO Energy and Mitsubishi forge net-zero transport partnership
OVO Energy and Mitsubishi Motors have announced a new UK partnership to help accelerate the decarbonisation of the transport sector in order to assist with the legally enshrined net-zero target for 2050.
Green Industrial Revolutions and Climate Emergency Bills: What's in Labour's manifesto?
The Labour party has today (21 November) launched its election manifesto, outlining how a Green New Deal, Green Industrial Revolution and a Climate Emergency Bill will put the UK on the cusp of a net-zero economy and drive economic growth through a green transition.
ENA calls for mandatory hydrogen boilers as CBI outlines new sustainability vision
Replacing existing gas boilers with hydrogen-ready devices should be mandatory when they reach the end of their life, the Energy Networks Association (ENA) has urged in its general election manifesto.
Report: annual 10% decarbonisation rate needed to meet UK's net-zero target
The UK will have to deliver annual carbon intensity reductions of 10% to meet its net-zero legislation for 2050, up from less than 4% currently, according to a new study from professional services firm PwC.
Environmental consultancies team up to launch sector-wide 'Pledge to Net-Zero'
Environmental consultancies WSP and AECOM have teamed up to launch a new pledge campaign, urging companies from across the environmental services sector to set science-based targets and report annually on decarbonisation progress.
It’s time for a concrete Government plan to deliver net-zero
Extinction Rebellion's actions and Greta Thunberg's rise onto the global stage have forced climate change to the top of the media and political agenda - exactly where it should be. It led to the net-zero pledge and burgeoning public awareness of the urgency of our situation and what we must do to combat it.
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.