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.
CDL secures $740m green loan for property portfolio
Real estate company City Developments Limited (CDL) has confirmed a new green revolving credit facility totalling $470m that will be used to refinance it's the Republic Plaza commercial property and future low-carbon projects.
Five EU countries object to bloc's latest hydrogen 'manifesto'
Austria, Denmark, Luxembourg, Portugal and Spain have issued a joint letter calling on the EU to clearly prioritise renewable energies under an EU-led project aiming to accelerate hydrogen deployment, research and infrastructure.
Net-zero impact on UK economy to be 'relatively small', Treasury finds
The HM Treasury has published a final report in the build-up to a Net-Zero Spending Review, claiming that the transition to meeting the UK's long-term climate goals could deliver "slightly positive or slightly negative" economic growth for the UK, depending on how decisive policy action is.
Telefónica, Nestlé and Ragn-Sells commit to net-zero supply chains
Technology giant Telefónica, food manufacturer Nestlé and waste management firm Ragn-Sells are the latest businesses to sign up to a collaborative movement to reduce value chain emissions in line with the 1.5C ambition of the Paris Agreement.
An 'undisputed urgency to act': Green economy reacts to the Energy White Paper
The Government has unveiled the long-awaited Energy White Paper today (14 December), with green groups welcoming the focus it provides to both job growth and rapid decarbonisation in order to reach net-zero emissions by 2050.
Energy White Paper: Government confirms £6.7bn warm homes package and UK ETS
The UK Government has finally released its Energy White Paper, detailing steps to deliver "overwhelmingly decarbonised power in the 2030s", with a new £6.7bn support scheme to be set up to tackle fuel poverty and a UK variant of the Emissions Trading Scheme to be introduced.
Unilever to let shareholders vote on new climate targets
Unilever has become one of the first global companies to voluntarily commit to putting new climate targets to a shareholder vote, with the company's science-based targets currently focusing on zero emissions for its operations.
WHSmith targets net-zero emissions by 2025
Retailer WHSmith has unveiled a new five-year sustainability plan to reduce its operational emissions to zero by 2025, with the company set to engage with suppliers to help them become net-zero.
Available to watch on demand: Webinar on making 2021 the 'super year' for corporate sustainability
edie's most recent explored the redefinition of corporate sustainability leadership in 2021, through the lens of buildings and transport, the Sustainable Development Goals and net-zero strategies, featuring expert insight from Anglian Water, Business in the Community and EDF Energy. A recording of the session is now available to watch.
A 'vital step': Green economy reacts to the UK's new climate commitment
Green groups and business leaders have welcomed Prime Minister Boris Johnson's announcement that the UK has created an updated domestic emissions target for 2030 as its contribution to the Paris Agreement, but with progress lacking against upcoming carbon budgets, many want to see more detailed action plans.
Renewable or 'low-carbon'? EU countries face off over hydrogen
EU member states are fighting over which type of hydrogen to support, with two opposing camps facing off: those backing green hydrogen produced exclusively from renewable electricity, and those in favour of a broader "low-carbon" definition, which also includes nuclear power and decarbonised gases.
Report: Can the retail sector deliver a green recovery?
edie has published a new report detailing how retailers can build back better from the coronavirus pandemic by aligning long-term strategies with the need to combat the climate crisis, foster new innovations and ultimately spur a green recovery.
National Infrastructure Strategy: Government to deliver 'revolution' tied to net-zero
The Government has launched its long-awaited National Infrastructure Strategy, detailing how transport, industry, energy and the built environment will be transformed to reach net-zero, with Chancellor Rishi Sunak using his spending review to confirm a £12bn commitment to the net-zero transition in 2021-2022.
UK climbs to fifth for global renewables market outlook
The UK has leapfrogged Germany to rise to fifth in the rankings for national attractiveness of renewable energy investment and deployment opportunities.
Vodafone sets net-zero target for 2040
Vodafone has committed to reducing its carbon emissions to net-zero by 2040 and will eliminate emissions from its activities and energy and halve scope 3 emissions by 2030.
Is Boris Johnson's Ten Point Plan enough to reach net-zero?
Businesses, green groups and entire sectors welcomed the far-reaching announcement from the UK Government to issue a Ten Point Plan that would put the nation on the road to net-zero, but already analysis suggests that more is required to reach net-zero emissions by 2050.
New report details how businesses can help achieve SDG 7: Clean and Affordable Energy
edie's latest SDG Spotlight report, produced in association with Bryt Energy, looks at how businesses and national policies can transform operations, services, supply chains and strategies to help deliver Goal 7: Clean and Affordable Energy.
LafargeHolcim links €850m to decarbonisation goals
The world's largest cement manufacturer, LafargeHolcim, has priced an €850m bond linked to the company's sustainability targets.
'An ambitious plan for a green industrial revolution': Reaction to Boris Johnson's Ten Point net-zero plan
Green groups have welcomed a new Ten Point Llan from Prime Minister Boris Johnson to deliver a green recovery from the coronavirus pandemic and build towards the net-zero emissions target, but the lack of a clear roadmap is dampening an otherwise monumental green policy moment.
Majority of local authorities have declared climate emergencies
Almost two years on from when the first council in the UK declared a climate emergency and responded with ambitious decarbonisation plans, a new mapping tool has unveiled that nearly three-quarters of local councils have made similar declarations, with more than half of those committing to reach net-zero.
UK retail sector pledges to reach net-zero emissions by 2040
More than 60 leading retailers, including Pret UK, Burberry, Sainsbury's and Missguided, have pledged to support a new collaborative roadmap to transform the sector and its supply chain to net-zero emissions by 2040.
Business groups call on Prime Minister to set Paris Agreement commitment by end of year
A number of green business groups have called on Prime Minister Boris Johnson and the UK Government to set a substantial commitment to the Paris Agreement that is aligned to the nation's own net-zero target.
edie launches new report detailing how the hospitality sector can achieve a green recovery
edie has launched its latest sector insight report, examining how the hospitality and leisure sector can build back better from the impacts of the coronavirus pandemic by focusing on low-carbon strategies as part of a green recovery.
Towards net-zero: Are we really the smartest of monkeys?
Setting the scene for edie's upcoming Net-Zero November month of themed content and events, sustainable business expert and commentator Mike Townsend takes a thought-provoking look at the various drivers, challenges and opportunities that lie ahead for businesses on our pathway towards a net-zero carbon, circular economy.
Energy giants launch Northern Endurance Partnership to explore carbon capture opportunities
A group of businesses including BP, Shell and the National Grid have formed the Northern Endurance Partnership (NEP), which is aiming to develop carbon transportation and storage infrastructure in the North Sea to assist with plans to decarbonise the UK's industrial clusters.
edie explains: Science-based targets
What makes emissions targets "science-based"? How can businesses go beyond 2C alignment and strive for 1.5C? And what role do these targets play in the net-zero movement? This free edie explains guide answers all of these questions and more.
Electrolux debuts vacuum cleaner made from 100% recycled plastics
Electrolux has unveiled the first product range as part of a new "circular initiative" with Stena Recycling, a new vacuum cleaner made from 100% post-consumer recycled plastics and reused materials.
Businesses and green groups call for Government to set out 'negative emissions' policy framework
The National Farmers Union (NFU), Heathrow Airport and the Renewable Energy Association (REA) are amongst the organisations that have formed the Coalition for Negative Emissions, which is this week calling on the UK Government to set an "unambiguous commitment" to carbon capture and negative emissions.
Global investors kickstart 1.5C decarbonisation process for portfolios
Some of the world's largest investors accounting for $5trn in assets under management have agreed to set time-bound decarbonisation targets that will see the organisations work with companies in their portfolios to align to climate action.
BT's £55bn pension scheme commits to net-zero emissions by 2035
The UK's largest corporate pensions investment fund, BT Pension Scheme, has signalled its intention to reach net-zero emissions by 2035 on behalf of its £55bn portfolio.
Vodafone saves £10m in energy costs over three-year period
Vodafone has worked with facilities management firm Mitie to reduce its UK carbon footprint by 25,000 tonnes over a three-year period, with improvements to building-based energy use saving the technology firm around £10m.
Businesses pour £75m into Humber's zero-carbon industrial cluster
A host of organisations have submitted a public and private sector bid of £75m to build key infrastructure to create the world's first zero-carbon industrial cluster in the Humber region.
NHS sets net-zero emissions target for 2040
Despite the ongoing challenges in dealing with the coronavirus pandemic, NHS England has signalled its intention to reach net-zero emissions through a plethora of new initiatives that will see 40 net-zero hospitals created alongside a £50m LED lighting upgrade.
edie launches new report on achieving a green recovery for the manufacturing sector
edie has today (29 September) published the first 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. First up, the manufacturing sector.
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.