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To join the Race, businesses must commit to emissions reduction targets in line with the goals of the Paris Agreement

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.

Pictured: Berwick Bank Project Director Alex Meredith

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.

The Network argues that cities have received “a disproportionate amount of funds for climate action”

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.

The proposal will be tabled next year

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.

the WorldGBC is now calling for businesses to account for the whole lifecycle impact of all new buildings and major renovations

'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.

The Climate Action Plan details how replacing raw materials, embracing the circular economy and reducing carbon through better water usage will all assist with the wider net-zero goal

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".

Shipping is currently responsible for around 3% of global CO2e 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.

The TUC based its analysis on data from the ONS and Catapult Energy Systems

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.

Last year, the City of London Corporation committed to reaching net-zero across its investments and supply chain by 2040

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 has already invested £1bn on 7,000 low-carbon vehicles over the last 10 years

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.

The Government claims that together, the four projects could save almost 32 million tonnes of carbon 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.

Hydrogen looks set to be a key enabler in the decarbonisation of heat, transport and heavy industry

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.

Just 0.01 of annual GDP is being spent on climate-related initiatives 

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.

edie outlines how businesses can begin to respond to the report in order to accelerate decarbonisation and improve long-term resiliency against a changing climate

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.

More than 90% of metal produced in the world is steel, and the sector is accountable for around 9% of global emissions

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.

The charity argues that land-based carbon removal methods could cause food prices to grow by 80% by 2050, pushing even more people into cases of hunger

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.

The company will work with the Science Based Targets initiative (SBTi) to validate efforts to reach net-zero emissions

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.

Lloyds of London has faced pressure to improve its climate approach for several years

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.

The proposed plan would use the Siemens Mobility ‘eHighway’ technology, which has been trialled on small road systems in Germany and Sweden

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 research found that 56% of defined benefit (DB) pension savers would consider investing their pension funds in clean, fossil fuel-free energy

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.

edie summarises how the world can reach net-zero emissions by 2050, according to BNEF

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.

The UK Government has faced criticism due to planned  £27.4bn roads building expansion, with legal cases on climate grounds being issued

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.

More than 600 companies globally have committed to 1.5C targets

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.

The Plan covers all forms of transport, but some sectors have stronger policy commitments than others

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.

Businesses believe the East Coast Cluster can capture, transport and store up to 27 million tonnes of carbon emissions annually by 2030

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.

More than 50,000 jobs in carbon-intensive industries would also be safeguarded

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.

Live emissions and energy data from the net-zero pilot restaurant will be used to inform a roadmap to decarbonisation across the KFC UK&I estate

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.

The Barometer report has been published today (7 July) and is free to access 

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.

Around 135,000 jobs would be created in the North, Midlands and East England, with a further 57,000 jobs set to be created in Scotland

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.

Sales of EVs and plug-in hybrids PHEVs have skyrocketed by more than 100% compared to the same period last year in the UK

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.

The MoU will aim to develop SAFs

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.

The sector has reduced greenhouse gas (GHG) emissions by 46% since 1990

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.

Enabling policies could also support up to 60,000 new jobs in the sector

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.

Priority areas for spending include energy, agriculture, food, water and land, cities, transport and manufacturing

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.

The new strategy also includes targets to achieve zero waste to landfill by 2028

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.

While welcoming efforts to decarbonise the sector, the IPPR notes that only one-third of the bottom 10% in terms of household income own a car

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.

The guide is free to download for edie users

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.

The company also unveiled a biodiversity net-gain target

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.

edie readers are being asked to complete the 10-minute survey by Friday 18 June

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. 

The two businesses join forces with the hundreds of other companies signed up to each initiative 

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.

The official communique covers most parts of the green agenda, but with detail lacking

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.

The roundtable discussed the barriers and opportunities facing business

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.

The UK Government has confirmed that the Summit will take place between 11-13 June in Carbis Bay, Cornwall

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?

Through the initiative, asset owners commit to decarbonising pension funds and investment portfolios by 2050 at the latest

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.

The science-based targets could be unveiled this year

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.

HSBC must now publish a plan outlining its new phase-out policy

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.

Currently, Shell is aiming to reduce the carbon intensity of its products by 20% by 2030

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 is aiming to have the technology installed and running at its Runcorn site (pictured) by 2026

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.

Low Carbon Hub believes that surplus energy produced from Ray Valley Solar will create more than £10m of community benefit funding

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 has a net-zero emissions target set for 2050

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.

The groups are also calling for nuclear to be included in national emission reduction plans

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.

According to CAT, new climate plans from the US, the EU27, China and Japan are responsible for shrinking the emissions gap

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.

The initiative is voluntary for suppliers

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.

The FDF will launch a dedicated roadmap to net-zero at COP26

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.

The investment into the Atlas factory will deliver net-zero emissions across Scope 1 and 2, Ibstock has confirmed. Scope 3 will be addressed at a later date

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 now manages more than $200bn in long-term sustainable strategies

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.

 On average, supply chain emissions are up to 11.4 times higher than operational emissions

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.

The new target will become enshrined in law by the end of June 2021

'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.

The target will become enshrined in law by the end of June 2021

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.

The company also noted the necessity of working with governments and other sectors to unlock ways to accelerate the rollout of EVs

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.

Revised targets will be published at an as-yet-unspecified date

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 is also joining the Business Ambition for 1.5C, the Race to Zero and the RE100 programme to accelerate decarbonisation and increase clean energy uptake

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.

The EV manufacturer has already provided a labelling system to outline the lifetime carbon footprint of its new vehicles. Image: Polestar

'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's portfolio is currently valued at around £14.8bn

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).

Green groups claim the decision is against efforts to champion climate action in the build up to COP26

'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.

The Government believes the funding will cut more than 70,000 tonnes of carbon annually

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 will launch detailed plans to reach net-zero later this year  

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.

The Government expects the strategy to deliver at least three megatons of captured carbon from industry 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.

Green groups have largely welcomed the new strategy, but want more details

'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?

The banks warn that a piecemeal, short-term approach would hinder the amount of finance that is funnelled into retrofitting efforts

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.

Money needs to be re-aligned in order to stimulate this demand

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.

The report is free to download for edie users

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.

The so-called moonshot has been supported by the International Chamber of Shipping (ICS), which represents 80% of the global shipping industry

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.

The Government’s new £20m fun will assist research and development competition for EV technology innovations

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.

Last year, Morgan Sindall was among the construction firms to jointly declare a climate emergency

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.

The report is free to access for edie users

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.

In 2016, the firm agreed to power its operations with 100% renewable electricity, a target that has been met

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.

Of the 111 companies in global heavy industry surveyed, only 16 are well on track to aligning strategies with the Paris Agreement

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.

CCS is viewed as a crucial technology in reaching net-zero emissions

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.

A host of green finance experts met virtually on day one of the Sustainability Leaders Forum

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.

The trial is part of Ocado Retail’s target to become net-zero by 2035

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.

The company will offer 30 all-electric models globally, with EVs expected to account for 40% of US market entries by the end of 2025

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.

Currently, corporate commitments under the Race to Zero campaign cover more than 12% of the global economy and $9.8trn in revenue

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.

The company will also aim to tackle emissions from the supply chain, which accounts for more than 70% of Mastercard’s total carbon footprint

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.

We summarise the key facts and stats from the new surveys

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.

One scenario suggests more than 3,000% growth in electric vehicles and a 2,500% rise in domestic heat pumps by 2030

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.

The webinar features speakers from Costain Group, Ibstock Brick, the Natural History Museum and Carbon Clean

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.

The companies are responsible for owning and operating the infrastructure that delivers gas to 85% of homes in Great Britain

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.

The Biden Administration is expected to reverse more than 100 climate-related policies introduced by Trump

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.

The average company’s supply chain emissions are estimated to be around five-and-a-half times greater than those generated by their direct operations

'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.

The EU NFRD reporting mechanism was created to ensure that the impacts of sustainability are considered more broadly throughout the whole business

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.

The 2050 target will cover emissions across the company’s default pension fund ranges. Aegon will also place its corporate operations under the net-zero ambition

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.

A series of digital events will be hosted by the company in the run up to COP26

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.

The report is free to download

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 recently set science-based targets to halve emissions from its operations

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.

The airport has been hit hard by the coronavirus pandemic, with flights dropping by 80% since March 2020

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.

Stanlow Ellesmere Port, one of the selected project locations

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.

The research warns that up to 10 million jobs will need to be replaced or retained as part of the net-zero transition

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.


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