edie announced as official Race to Zero Accelerator and media partner ahead of COP26
edie has today (21 September) been announced as an official "Accelerator" of the UN-backed Race to Zero campaign as part of a concerted effort to build momentum for the global race to net-zero emissions in the run-up to the COP26 climate talks.
SSE to combine projects to create 4.1GW offshore wind farm in Scotland
SSE Renewables has announced plans to merge two proposed offshore windfarms in a move that would create enough clean power to provide for all of Scotland's households twice over.
UK's net-zero progress 'too city-focused', councils warn
A group of 36 county councils has called on the UK Government to provide more funding that enables areas outside of cities to reach net-zero emissions, warning the decarbonisation across key areas such as buildings and transport is slowing in these regions.
EU plans certification scheme for carbon dioxide removals
The European Commission will publish a policy paper by the end of the year on "the sustainable management of the carbon cycle" - the first step towards an EU-wide certification scheme for negative emissions coming from agriculture, forestry and other sources, that will be tabled in 2022.
'Reduction-first approach': WorldGBC updates net-zero buildings commitment
The World Green Buildings Council (WorldGBC) has today (15 September) unveiled an update to its longstanding Net Zero Carbon Buildings Commitment, that aims to ignite a "reduction-first" approach to decarbonisation to halve emissions from the sector by 2030 and tackle lifecycle emissions.
Plans before pledges: How P&G has evolved its climate strategy to target a net-zero value chain by 2040
EXCLUSIVE: Procter & Gamble (P&G) has unveiled a new climate action plan to reach net-zero emissions across its value chain by 2040, with the company's vice president for global sustainability Jack Mcaneny telling edie that the "absolute priority is reducing emissions".
UK Government calls for 'absolute zero' emissions goal for global shipping sector
Transport Secretary Grant Shapps has called on the global maritime sector to agree on an "absolute zero" emissions target by 2050, as the UK looks set to host a demonstration week for the future of shipping.
660,000 jobs at risk unless UK improves approach to net-zero target, research warns
The UK's sluggish progress towards its net-zero emissions target for 2050 could see more than 600,000 jobs move to other countries that are better embracing the green transition, new analysis has warned.
City of London Corporation issues contract to reduce energy costs by £500,000 annually
The City of London Corporation has awarded a contract to Vital Energi to carry out energy-related retrofits of iconic buildings such as the Barbican Centre and Guildhall School of Music and Drama that will save almost £500,000 each year.
Stagecoach calls for transport policy overhaul as part of carbon-neutral roadmap
Transport group Stagecoach has unveiled a new roadmap to becoming a carbon-neutral business by 2050, while also calling for the UK Government to fix "contradictory policies" associated with the transport sector and the need to reach net-zero emissions.
Government funnels £91m into ultra-fast charging projects and extended-range EVs
Projects that increase the range of electric vehicles (EVs), create batteries that can charge in as little as 12 minutes and hydrogen-powered heavy goods vehicles (HGVs) have all been awarded a share of £91m from the UK Government.
5 ways the Hydrogen Strategy can help the UK's net-zero ambition
The UK Government has unveiled its long-awaited Hydrogen Strategy, outlining how a multi-billion-pound investment into the technology can reduce emissions and create jobs on the road to net-zero. Here, edie looks at five roles that hydrogen could play in delivering rapid decarbonisation.
UK Government failing on green spending requirements to reach net-zero, WWF warns
The UK Government is not allocating the required spending to reach net-zero emissions by 2050, with new analysis warning that an existing policy gap could add billions of pounds to the total cost of decarbonisation.
5 key corporate net-zero considerations based on the latest IPCC report
The Intergovernmental Panel on Climate Change (IPCC) has issued a report warning that irreversible and unprecedented changes to the planet are being caused by the climate crisis. Here, edie summarises how businesses should respond to the warnings in the new landmark report.
Investors lay out expectations for steel sector to reach net-zero emissions
An initiative involving more than 500 investors representing $55trn in assets has outlined a set of priorities that it will engage in to help the global steel sector reach net-zero emissions by 2050 at the latest.
Nations and businesses 'hiding behind net-zero smokescreen', Oxfam warns
Governments and corporates are relying too much on 'unproven and unrealistic' carbon removal and offsetting schemes in order to reach net-zero targets, with a new report from Oxfam warning that a land area five times the size of India would be required to create new forests for these measures.
ArcelorMittal eyes $10bn investment to reduce emissions by 2030
Steel manufacturing giant ArcelorMittal has announced plans to reduce carbon emissions by 25% by 2030 as part of a wider net-zero ambition for 2050, with the new target set to be back by a $10bn investment into low-carbon and circular solutions.
Lloyd's outlines plans to increase green investments but stops short of full Paris Agreement alignment
Insurance and investment giant Lloyd's of London has published a new climate action roadmap, detailing plans to increase support for low-carbon transport, energy and industrial technologies.
UK Government exploring feasibility of 'electric highways' for zero-emission trucks
The Department for Transport (DfT) has awarded a share of £20m to a consortium of businesses that will explore how long-range trucks can be electrified using overhead wires on motorways across the country, to assist with the UK's net-zero emissions target.
Scottish Widows 'reboots' £250m environment fund to screen against fossil fuels
Scottish Widows has launched a 'rebooted' Environmental Fund that will give six million customers the chance to invest in "great green" British businesses, while screening against exposure to fossil fuels.
How the world can reach net-zero emissions by 2050, according to BloombergNEF
BloombergNEF has published its latest New Energy Outlook report, examining three progress pathways to reach net-zero globally by 2050. Here, edie summaries what will need to change to deliver this low-carbon trajectory.
Highways England seeks road to net-zero by 2050
Highways England has unveiled plans to reach net-zero across its operations by 2030 as part of a step to deliver net-zero travel across English roads by 2050.
SBTi to increase minimum target-setting requirements to 1.5C
The Science Based Targets initiative (SBTi) is updating its strategic approach to increase the minimum ambition for corporate climate action from "well below 2C" to 1.5C above pre-industrial levels, as envisioned by the Paris Agreement.
At a glance: Everything you need to know about the UK’s Transport Decarbonisation Plan
The UK Government has unveiled its domestic plan designed to align the transport sector with the national net-zero target. Here, edie pulls out what this means for all modes of transport moving forward.
East Coast Cluster: Teesside and Humber gear up to host CCS technologies
Energy giants and businesses operating in Teesside and Humberside look set to collaborate on the deployment of carbon capture usage and storage (CCUS) technology in a bid to create net-zero industrial clusters.
UK's carbon capture and storage market could create 50,000 jobs
The UK could become an early mover in the global carbon capture utilisation and storage (CCUS) market and create up to 50,000 jobs if new enabling policies are introduced.
KFC and Pilgrim's target net-zero by 2040
KFC UK & Ireland has announced a new commitment to reach net-zero ten years ahead of the legal deadline of 2050, in the same week that meat giant Pilgrim's announced a global net-zero target, also for 2040.
How are UK businesses approaching the net-zero transition? Find out with edie's new Barometer
The first edition of edie's new bi-annual Net-Zero Business Barometer, providing a regular temperature check and progress update regarding the decarbonisation of organisations across the UK, is now available to download.
UK's clean energy pipeline on course to unlock 625,000 green jobs
The UK's focus on decarbonisation and clean energy looks set to unlock 625,000 jobs, equivalent to 90% of jobs lost to the coronavirus pandemic, according to new research.
Vauxhall's Cheshire site to produce new electric vans as EV sales skyrocket in the UK
Vauxhall's Ellesmere Port plant in Cheshire has been earmarked to produce new electric vans, while a group of automakers gears up to collaborate on charging points for heavy-duty vehicles.
Rolls-Royce and Shell agree on new partnership on sustainable aviation fuels
Rolls-Royce and Shell have signed a memorandum of understanding (MoU) to help build towards their respective net-zero targets by developing and scaling Sustainable Aviation Fuels (SAFs) for the sector.
UK's waste management sector targets net-zero emissions through £10bn infrastructure overhaul
The trade body representing the UK's resource and waste management industry has unveiled a sector-wide commitment to reach net-zero emissions by 2040, through a £10bn investment into new recycling infrastructure and a focus on zero-emission vehicles.
Biogas sector spells out role in helping UK reach net-zero emissions
Almost 50 organisations have supported a declaration sent to the Prime Minister outlining how the biogas sector can support the net-zero ambition, provided clear and enabling policies are introduced.
World Bank increases climate finance for developing nations
The World Bank Group has issued a new spending plan through to 2025 that will ensure that an average of 35% of total spending is focused on climate adaptation and decarbonisation in developing countries.
Western Power Distribution targets net-zero emissions by 2028
Western Power Distribution (WPD) has outlined plans to reach net-zero emissions for its operations by 2028, as part of a new environment strategy that aims to convert its commercial fleet to low-carbon vehicles in the same timeframe.
Government urged to prioritise public transport, walking and cycling to reduce emissions
The Government's efforts to decarbonise transport are focusing too much on electric vehicles (EVs) and could fail to provide affordable and clean transport alternatives that cut overall car use, new IPPR analysis has found.
edie launches new business guide on net-zero carbon reporting
edie has published a new free guide on reporting for businesses that are looking for advice on measuring and reporting climate impacts in line with the net-zero movement.
How to be a net-zero winner
As part of edie's Net-Zero Carbon Playbook, Centrica Business Solution's net-zero product manager Alex Lowe explains the steps that organisations can take to thrive during the net-zero transition.
Spirax-Sarco 'refreshes' sustainability strategy with net-zero and biodiversity goals
Engineering firm Spirax-Sarco has 'refreshed' its sustainability strategy, unveiling new pledges towards net-zero greenhouse gas emissions, biodiversity and waste management.
CLOSING TODAY: Take edie's net-zero carbon business survey (10 minutes)
Energy, carbon and sustainability professionals across all industries are being asked to take our 10-minute "Business Barometer" survey which tracks the decarbonisation progress of businesses across the country. This survey closes TODAY (Friday 18 June), so don't miss your chance to participate.
Polestar and Google to halve emissions and join Race to Zero campaign
Swedish electric vehicle (EV) manufacturer Polestar and technology giant Google are the latest firms that have agreed to halve emissions by 2030 as part of a wider effort to deliver net-zero value chains, by joining the UN's Race to Zero campaign and the Exponential Roadmap Initiative.
G7: What was (and wasn't) agreed by world leaders to combat the climate crisis
From "green Marshall Plans" and net-zero energy sectors to a lack of clarity on green spending and transport decarbonisation, edie rounds up what was and wasn't agreed at the G7 Summit.
Net-zero and COP26: Achieving Mission Possible
Six months out from the COP26 summit, edie hosted an exclusive virtual roundtable discussion with a select group of sustainability leaders, exploring how businesses can accelerate the net-zero carbon transition in the run-up to the crucial climate talks.
Climate change at the G7 Summit: Everything you need to know
World leaders are meeting in Cornwall this week (11-13 June) as part of the G7 Summit. The climate crisis is a key theme for policymakers going into the event, but how much prominence will it have as the world's largest economies attempt to respond to the ongoing coronavirus pandemic?
ABP and National Trust sign up to net-zero investment initiative
Europe's largest pension fund, the Church of Sweden and the National Trust are among six new signatories to a global net-zero asset owner commitment to decarbonise financial portfolios in line with the ambitions of the Paris Agreement.
Highland Spring commits to net-zero emissions by 2040
The Highland Spring Group has unveiled an ambition to achieve net-zero emissions by 2040, with targets in place to halve emissions by 2030 through soon-to-be-developed science-based targets.
Shareholders pass vote for HSBC to phase-out global coal financing by 2040
Shareholders of HSBC have today passed a proposed management resolution that commits the bank to phase-out financing for the coal industry by 2040 worldwide, following successful campaigning from investors.
Dutch court orders Shell to strengthen carbon reduction targets
A Dutch court has ordered a groundbreaking ruling for Royal Dutch Shell to raise its commitments to carbon reduction, in what could mark the first of many legal cases against energy firms on climate grounds.
Viridor targets net-negative emissions by 2045 through carbon capture technology
Waste management firm Viridor has committed to becoming a net-zero emissions business by 2040 and to then move further by reaching net-negative emissions five years later.
UK’s largest community-owned solar park to come online next year
The Ray Valley Solar project in Oxford is expected to come online next autumn, after Triodos Bank confirmed lending for what is expected to be the UK’s largest community-owned solar park.
BP shareholders reject tougher climate targets
More than one-fifth of BP shareholders supported a resolution from climate activists calling on the energy giant to set tougher emission reduction targets for its net-zero transition, but ultimately the filing was rejected.
Nuclear industry warns that planned closures could derail global net-zero transition
Key groups representing the global nuclear industry have penned an open letter to world leaders warning that the proposed retirement of existing nuclear plants could derail the net-zero transition, calling for the technology to have the same access to climate finance as renewables.
Report: Nations falling short on collective efforts to meet Paris Agreement
Nations are adopting stronger climate targets in the build-up to COP26, but new research has revealed that current policies would still lead to global warming twice what it should be if the world is to meet the aims of the Paris Agreement.
Tesco links supplier financial support to environmental goals
Tesco is offering preferential financing rates for suppliers that address their environmental impacts, under a new voluntary programme supported by Anthesis, KPMG and Santander.
UK's food and drink sector targets net-zero emissions by 2040
The Food and Drink Federation (FDF), which represents more than 300 companies, has today (27 April) unveiled an ambition on behalf of the sector to reach net-zero emissions by 2040.
Ibstock outlines steps to create world's first net-zero carbon brick factory
Brick manufacturer Ibstock has chosen its Atlas facility in the West Midlands as the location for what it claims will be the world's net-zero carbon brick factory.
BlackRock launches temperature-aligned investments funds
The world's largest investor BlackRock has unveiled two new temperature-based exchange funds aimed at helping investors align portfolios with the pathways of the Paris Agreement.
Salesforce launches new cloud hub for supply chain emissions
Salesforce has unveiled a new cloud-based hub that enables companies of all sizes to track and measure value chain emissions.
'A credible path to net-zero': Green groups react to UK's Sixth Carbon Budget
The Government will seek to reduce emissions by 78% by 2035 as part of a new Sixth Carbon Budget, a decision that has been welcomed by green groups, although some are calling for more detailed action plans.
Sixth Carbon Budget: UK to reduce emissions by 78% by 2035
Prime Minister Boris Johnson has agreed to legislate a new target to reduce national emissions by 78% by 2035, including emissions from international shipping and aviation, following the Climate Change Committee's advice on the Sixth Carbon Budget.
Toyota to review industry associations as part of carbon-neutral target for 2050
Japanese car manufacturer Toyota will review the industry associations it is part of to ensure they are compliant with the aims of the Paris Agreement, as part of a commitment to reach carbon neutrality by 2050.
MSCI commits to net-zero emissions before 2040
American finance firm MSCI has announced its intention to reach net-zero emissions before 2040, pledging to revamp its current decarbonisation goals and align with the recommendations of the Taskforce on Climate-Related Financial Disclosures (TCFD).
Heineken targets carbon-neutral value chain by 2040
Global brewer Heineken has unveiled a new corporate strategy to become carbon-neutral across its operations by 2030 and then across its entire value chain by 2040.
'A moonshot goal': Polestar aims to develop offset-free, climate-neutral car
Swedish electric vehicle (EV) manufacturer Polestar has unveiled an ambitious new intention to create the first "truly" carbon-neutral car by 2030, by reducing emissions across the value chain and without relying on offsetting.
British Land confirms approved science-based targets on journey to net-zero
Property development and investment giant British Land has had interim carbon reductions targets to help deliver net-zero emissions approved by the Science Based Targets initiative (SBTi).
'Outrageous hypocrisy': Government condemned over £16bn oil and gas sector 'bailout'
Green groups have expressed their anger at the Government's new £16bn sector deal that pledges to align the oil and gas sector with the national net-zero target, while also ending financing for overseas fossil fuel projects, with many frustrated by a refusal to end oil and gas licensing.
Government commits £560m to decarbonise housing
The Government has issued £500m from the Green Homes Grant and £62m from a Social Housing Decarbonisation Fund to improve the energy efficiency of 50,000 UK households.
Unite Students set net-zero carbon goal for 2030
Real estate investment company Unite Students, which provides students with accommodation across the UK, has set a new sustainability commitment to reach net-zero carbon across its operations and construction by 2030.
Government unveils new Industrial Strategy to spur decarbonisation and create green jobs
The UK Government has today (17 March) revamped the Industrial Strategy to align manufacturing and construction efforts to the national net-zero target, with more than £1bn to funnelled into industry, schools and hospitals.
'Another vital step to net-zero': Green economy reacts to the Industrial Decarbonisation Strategy
The UK Government has unveiled a new Industrial Decarbonisation Strategy that will spur rapid decarbonisation across industry, the public sector, construction and manufacturing. But do green groups believe the strategy will put the nation on course for net-zero by 2050?
Retrofit revolution can cut emissions and deliver £7.5bn energy savings for UK
Retrofitting the UK's building stock with low-carbon solutions could reduce national energy costs by £7.5bn a year, create more than 150,000 jobs over a 10-year period and cut carbon emissions by 20%, MPs have been told.
IRENA: Existing solutions can spur progress to net-zero
Global power sourced from renewables is set to treble by 2050, with wind, solar and hydrogen all required to account for 90% of all decarbonisation solutions to push the global economy towards the 1.5C pathway, a new report from the International Renewable Energy Agency (IRENA) has found.
What does sustainable business leadership look like in 2021? edie publishes results of flagship survey
edie has today published a comprehensive report breaking down exactly what 'business leadership' looks like as the UK strives to build back from the coronavirus pandemic through a green recovery focused on low-carbon ambitions and a just transition.
Shipping industry backs $5bn decarbonisation moonshot
The global shipping industry has given "full and unequivocal" support to a "moonshot" submitted by various national governments that would create a $5bn fund to reduce the carbon impact of the sector.
Government confirms 2030 ban on petrol and diesel cars, unveils £20m electric vehicle package
The Government has officially confirmed that the ban on sales of new petrol and diesel cars has been moved forward to 2030, while also announcing a new £20m funding pot for electric vehicle (EV) innovation.
Morgan Sindall targets net-zero emissions by 2030
The Morgan Sindall Group is the latest construction company to commit to reaching net-zero emissions, aiming to reach that milestone by 2030 at the latest.
New report: What role can the public sector play in delivering a green recovery?
edie has this week published the latest in a new series of reports looking at how businesses from key sectors can respond to the challenges of the coronavirus pandemic by focusing on a green recovery. This time, the focus is on the public sector.
Etsy commits to net-zero emissions by 2030
Online retailer Etsy has pledged to "deepening its commitment to a sustainable future" by setting science-based targets and pledging to reach net-zero emissions by 2030.
Global heavy industry failing to align with Paris climate goals
Only 14% of publicly listed companies in the steel, cement, aluminum, paper and mining sector are on track to meet the Paris Agreement's 2°C climate target, according to a report by the Transition Pathway Initiative (TPI), a global investor group supported by the UN. Still, some European companies offer hope, EURACTIV Germany reports.
ExxonMobil, LafargeHolcim and Elon Musk: The corporate giants placing their faith in CCS
Over the last couple of days, the world's largest cement manufacturer, one of the world's largest fossil fuel firms and the founder of the biggest electric vehicle (EV) manufacturer have all unveiled strategic efforts to commercialise carbon capture and storage projects.
Finance and policy: The external drivers forcing businesses to take climate action
Sustainability professionals have often found frustration when trying to embed CSR across an entire organisation, but the mainstreaming of Environmental, Social, and Governance (ESG) investing looks set to create new momentum behind the green recovery.
Ocado trials electric vehicles for rapid deliveries
Ocado has launched a trial of electric vehicles (EVs) for its rapid grocery delivery service in the heart of London, as part of the retailer's ongoing commitment to reaching net-zero emissions.
General Motors aims to become carbon neutral by 2040
General Motors (GM) will target carbon neutrality across its operations and products globally by 2040, while also committing to set science-based targets that would deliver net-zero emissions ten years later.
COP26 President launches challenge to deliver net-zero 'tipping points' in every sector
The UN High-Level Climate Champions and COP26 President Alok Sharma have today (28 January) unveiled a radical new roadmap to push the global economy towards net-zero emissions, targeting a range of near-term, sectoral tipping points to deliver decarbonisation.
Mastercard commits to net-zero carbon by 2050
Mastercard has pledged to reach net-zero emissions by 2050, aiming to expand the use of onsite solar technology while also decarbonising its supply chain.
In numbers: How prepared are UK businesses for the net-zero transition?
The UK Government's 2050 net-zero target is legally binding, meaning that businesses of all sizes and sectors must accelerate decarbonisation efforts. But two new major surveys have highlighted major challenges for the private sector. Here, edie rounds up the key findings.
Electric vehicles and heat pumps set for exponential growth on road to net-zero
More than 4.5 million electric vehicles (EVs) could be on UK roads, almost 250,000 households could feature solar technology and between 450,000 to more than one million domestic electric heat pumps could be installed by 2030 in order to reach net-zero, new research has found.
Now available on demand: edie's free webinar exploring onsite net-zero technologies
edie's latest webinar is now available to watch on-demand. Tune in to hear experts providing best-practice advice on investing in and integrating net-zero technologies to help assist with decarbonisation targets.
Major gas grid companies team up to outline hydrogen deployment plans
Britain's five major gas grid companies have launched a major collaborative plan to create the UK's first hydrogen town by 2030 as well as creating a network of hydrogen refuelling stations for transport and helping to decarbonise industrial clusters.
Biden returns US to Paris Agreement as part of climate policy overhaul
In one of his first acts after being sworn in as the 46th President of the United States of America, Joe Biden moved to readmit the US back into the Paris Agreement, claiming that tackling the climate crisis, racial inequality and current coronavirus pandemic were the "gravest responsibilities" that countries face.
'A game-changing opportunity to fight climate change': WEF pushes businesses on supply chain decarbonisation
The World Economic Forum (WEF) is urging businesses to do more to tackle their supply chain emissions, which often represent the bulk of their total climate footprint, and has published new advice on how to do so.
NGOs call for heightened standards on corporate sustainability reporting
An alliance of NGOs has called for the European Union's Non-Financial Reporting Directive (NFRD) to be reformed to ensure that more corporates are disclosing relevant climate-related information.
Financial firm Aegon commits to net-zero emissions by 2050
Financial services firm Aegon has become the latest corporate to commit to reaching net-zero emissions by 2050, targeting the decarbonisation of its pension fund ranges and main operations.
Envision Virgin Racing confirmed as COP26 partner for 'together for our planet' campaign
Motorsport team Envision Virgin Racing has been named as the latest company to be announced as a key partner for the COP26 climate summit, joining the "Together for Our Planet campaign" to encourage global climate action and raise awareness of the electric vehicle (EV) transition.
Four top tips for building a great net-zero carbon strategy
This report showcases the output of edie's SPARK! event, where expert energy professionals from a range of sectors shared experiences developing and delivering net-zero strategies.
Report: Can the built environment achieve a green recovery?
edie has today (8 January) launched a free report detailing the appetite within the built environment sector to collaborate to overcome the challenges presented by the ongoing coronavirus pandemic and to "build back better" by championing the green recovery.
Lenovo to deliver global rollout of customer offset scheme
Computer manufacturer Lenovo has unveiled plans to rollout a carbon offsetting scheme for customer purchases across the globe, following a trial run in the Nordics that saw 26,000 metric tonnes of carbon dioxide offset.
Gatwick Airport under fire over 'callous' runway expansion plan
Green groups have criticised the decision from Gatwick Airport to transform its emergency runway into a fully functioning second runway, claiming that the organisation is "ignoring" noise and emissions issues.
Funding allocated to six projects aiming to develop world's first net-zero industrial cluster
UK Research and Innovation (UKRI) has selected six projects across the UK that will receive a share of £8m in funding to drive progress towards creating the world's first net-zero emissions industrial zone by 2040.
Report: 10 million high-carbon jobs to be retrained or replaced as part of net-zero transition
Research from a new cross-party programme exploring the net-zero transition in the UK has warned that 10 million jobs will either need to be retrained or replaced if the nation is to meet its climate commitments.