'Investing for net-zero must go mainstream': COP26 finance strategy unveiled
The UK has published its COP26 strategy to help private finance support a global economic transition to net-zero emissions, with a heavy focus on exploring mandatory reporting requirements for climate-related data.
Bank of England under pressure over board member's oil links
Environmental groups have called into question the Bank of England's commitment to tackling the climate emergency while it retains one of Britain's most senior oil company executives on its governing board.
Hubbub targets stag and hen dos to lower UK flying climate impacts
Environmental charity Hubbub has launched a new campaign to raise awareness of the impacts of flying, after research commissioned by the group found that almost half of all flights taken by men aged 20-45 and a third of flights from women in the same age group were for stag and hen dos.
Mary Robinson: Business and governments must avoid net-zero 'hypocrisy'
EXCLUSIVE: The former president of Ireland Mary Robinson has claimed that net-zero commitments made by governments and corporates must lead to a "just transition" that also combats the "hypocrisy" of ignoring fossil fuel developments further afield.
Boris Johnson urged to improve UK's SDG performance
A business coalition spearheaded by the UK Stakeholders for Sustainable Development (UKSSD) has today (29 January) delivered a brief to Prime Minister Boris Johnson calling for the Government to improve progress towards the UN's Sustainable Development Goals (SDG).
Carmakers make joint pledge to make battery supply chains sustainable
Volvo, Audi and BMW are among the cohort of carmakers to have joined a joint initiative aimed at creating battery value chains that are environmentally and socially sustainable.
Comic Relief among charities pledging to end fossil fuel investments
Comic Relief, Power to Change, and Guy's and St Thomas' Charity are the latest organisations that have committed to end all fossil fuel investment and adopt a new ethical approach to investing, after joining the Funder Commitment on Climate Change.
Brunel Pension Partnership launches new finance strategy to align with net-zero future
The group overseeing £30bn worth of investments for 10 local government pension scheme funds has pledged to align its management practices with the Paris Agreement.
Climate activist turns down Siemens board role over Australian mine deal
German climate activist Luisa Neubauer has declined an offer from Siemens' chief executive Joe Kaeser to sit on a supervisory board off the firm's new energy business, following controversy over an Australian mining project.
Patagonia's Black Friday campaign raises $20m for environmental causes
Outdoor clothing company Patagonia's Black Friday fundraiser for environmental organisations has hit its $10m (£7.6m) target in just 17 days - meaning the firm will now donate $10m of its own to these causes.
A decade in review: Vote for the defining sustainability moment of the 2010s
As the 2010s draw to a close, edie has analysed the key moments and announcements that push sustainability and climate action from a niche activity to a global necessity. Cast your vote to decide which of the seven moments was most profound.
Will 2020 be the year of mandatory climate disclosure?
Leading experts believe that it is "highly likely" that disclosing climate-related data to the Task Force on Climate-related Financial Disclosures (TCFD's) will become mandatory and have called on business professionals to start collecting and mapping data now.
Investors and businesses call for action to support deforestation-free soy in Brazil
A group of global investors and businesses, including Tesco, Mars and Sainsbury's, have signed a letter calling for the Brazilian Government and president Jair Bolsonaro to support a voluntary agreement that has limited deforestation from soy production in the country.
In numbers: What do consumers want from sustainable businesses in 2020?
While many businesses are taking action to reduce emissions and waste, consumers now want them to go further and prioritise people and planet over growth, a new international survey has revealed.
Businesses 'struggling to turn sustainability ambitions into action', surveys reveal
A survey of more than 9,000 businesses of all sizes and sectors has found that 96% want to improve their environmental and social practices - but that most are struggling to deliver this change due to a lack of funding or resources.
Report: More than half of corporates not meeting 'basic requirements' on human rights
A study of 200 of the world's biggest apparel, food & drink, tech manufacture and material extraction firms have found that less than half are able to show they are meeting the UN's Guiding Principles on Human Rights.
Apple almost doubles green bond offers after £1.7bn fund launch
Apple has issued a new £1.7bn ($2.2bn) green bond offering, nearly doubling its total green bond issuance to almost £3.9bn ($5bn).
Climate crisis: 11,000 scientists warn of 'untold suffering'
Humanity faces "untold suffering due to the climate crisis" unless there are major transformations to global society, according to a stark warning from more than 11,000 scientists.
CDP: 80% of companies set to miss 2020 palm oil deforestation goals
Of the 96 corporates currently reporting that they produce, source or use products that contain palm oil from Indonesia to CDP, just one-fifth are set to meet their 2020 deforestation targets surrounding the commodity.
DuPont commits to carbon-neutral operations by 2050
Chemicals giant DuPont has unveiled a sweeping array of new sustainability targets, including a commitment to deliver carbon-neutral operations by mid-century.
Drax launches sustainable biomass strategy
Drax has outlined how it will use the latest science and best practice to ensure that biomass use is sustainably sourced and not linked to deforestation, with the UK Governments former chief scientific adviser Sir John Beddington confirmed as chair of a new Independent Advisory Board (IAB).
Responsible Jewellery Council joins UN Global Compact to act on SDGs
The Responsible Jewellery Council has forged a new partnership with the UN Global Compact which will see members such as Swarovski, Tiffany & Co and the De Beers Group, develop actions that align and contribute to the Sustainable Development Goals (SDGs).
Social media advertising fuelling teenagers' unused 'trainer mountain'
Charity Global Action Plan (GAP) has found that UK teenagers own 58 million trainers, almost 30% of which remain unused, with a new study claiming that purchasing habits are a symptom of targeted digital and social media advertising.
Mary Robinson: Businesses must make 'deep commitments' to climate justice
Former Irish President Mary Robinson has argued that the development of net-zero strategies centred around social justice and human rights will become the new marker of sustainable business leadership.
Royal Shakespeare Company to end BP sponsorship deal
The Royal Shakespeare Company is to end its sponsorship deal with BP amid growing opposition to fossil fuel companies' sponsorship of many of the UK's leading cultural institutions.
Sustainable Business Covered podcast: LIVE from the Global Climate Strike
Episode 71 of the Sustainable Business Covered podcast is packed with exclusive interviews from students, chief executives and sustainability representatives that attended the Global Day of Climate Strikes on Friday (20 September), outlining the role that business has to play in mitigating climate impacts.
Businesses gear up for day of global climate strikes
Shoe brand Allbirds, tea firm Pukka Herbs and PepsiCo subsidiary SodaStream have joined the coalition of businesses throwing their weight behind the worldwide day of climate strikes on Friday (20 September).
UK suppliers among recipients of 'world's worst' fashion purchasing practices
UK suppliers experience some of the "worse" purchasing practices of brands and retailers sourcing apparel, footwear and household textiles compared to suppliers from other nations in the world.
Unilever criticised over food nutrition claims
Unilever has been accused of offering food products that haven't been fortified to add necessary nutrients that mitigate health concerns, with a new report claiming that the companies Maizena and cornflour produce in Mexico fail to deliver on brand commitments.
Report: Deforestation booming due to weak policy and corporate inaction
A lack of policy support or ambitious action from corporates involved in agriculture has led to an area of tree cover the size of the UK being lost globally each year between 2014 and 2018, a new report has concluded.
VF Corp suspends sourcing of Brazilian leather due to Amazon fires concerns
VF Corporation, the owner of brands such as The North Face, Timberland and Vans, has announced that it will stop sourcing leather from Brazil, highlighting concerns over the environmental impact of cattle ranchers that have caused the vast majority of fires plaguing the Amazon rainforest.
City-based Clean Air Zones 'would boost UK economy by £6.5bn'
By implementing designated Clean Air Zones in which polluting vehicles are fined to travel, UK cities could collectively reap economic benefits of £6.5bn.
Equator Principles: Global banks failing to uphold environmental and social risk agreements
An investor coalition representing more than $2.9trn has urged global banks to strengthen efforts that protect the rights of indigenous people and the environment that they rely on.
Good business means helping communities combat climate change
A number of core principles are considered received wisdom in encouraging pro-environmental behaviour change. Another core pillar of behaviour change theory is that the messenger matters as much as the message. People trust people like them.
Levi Strauss takes fresh steps to eliminate gender-based violence, water misuse, in supply chains
Fashion giant Levi Strauss Co. has launched two new supply chain initiatives - one focused on protecting female supply chain workers, and the other centred around water stewardship - after an investigation uncovered systemic gender-based harassment at supplier facilities.
The Barker Plan: How a former UK Energy Minister used sustainability to transform a sanctioned Russian aluminium firm
EXCLUSIVE: Over the course of a year, Russian aluminium and hydropower firm EN+ Group has gone from being banned on the US market to launching a new sweeping sustainability strategy and having those sanctions lifted. Here, edie speaks to former UK Energy Minister Greg Barker, who has been the surprise driving force behind this transformation.
'Improving Lives': How a 'people-centric' approach is transforming tea supply chains
The tea sector is the largest in India, employing three million workers - but for all the industry's economic benefits, environmental and social issues are rife on tea estates. Here, edie explores how big-name tea brands are adapting their supply chain approaches to change that.
Business must place purpose before profits, top CEOs urge
The chief executives of more than 180 corporates have begun to lobby for other big businesses to stop maximising profits for shareholders at the expense of the environment or society.
PepsiCo leaves plastics lobby group after green campaign pressure
PepsiCo has announced its exit from the PLASTICS Industry Association - a trade lobby group with pro-plastics sentiments.
Meet edie's 2019 Sustainable Supply Chain champions: Thai Union and WWF
With entries now open for edie's Sustainability Leaders Awards 2020, this new feature series showcases the achievements of the 2019 winners and reveals their secrets to success. Up next: The winners of our 2019 Sustainable Supply Chains Award, Thai Union and WWF.
How ethical and sustainable are UK universities?
Gloucestershire, Manchester Metropolitan and Nottingham Trent are among the highest-scoring universities in a new league table which ranks higher education establishments on their ethical and environmental ambitions and actions.
Swarovski turns to natural capital accounting to measure environmental impact
Jewellery giant Swarovski has calculated the monetary value of the natural resources used to produce its namesake crystals, in a move towards its overarching aim to supply "the world's most transparent crystal".
Royal institutions divest from fossil fuels, encourage others to follow suit
To mark London Climate Action Week, the Royal College of Emergency Medicine (RCEM) and the Royal Society of Arts have sold all remaining shares in fossil fuel companies.
The National Trust to divest entirely from fossil fuels
Europe's largest conservation charity has announced that it will divest from all fossil fuel companies within the next three years.
Sustainable Living Brands delivered record 75% of Unilever's 2018 turnover growth
Unilever has posted another strong set of annual results for its 'Sustainable Living' brands portfolio, which accounted for a record three-quarters of the company's turnover growth last year.
How employee engagement is helping PayPal make environmental sustainability 'business-as-usual'
EXCLUSIVE: By gamifying actions such as saving energy and using low-carbon modes of transport, PayPal has been able to "leverage" staff creativity and team spirit to reduce its environmental impact, the firm's global lead for environmental sustainability has claimed.
Scrolling towards a better future or coding for chaos? What the ‘Onlife’ means for sustainability
Half the world's population does something unimaginable every day. We each connect into a species-wide hive mind that reaches into our pockets, our screens and controls what we see, think and believe.
Talking ethical and sustainable fashion with Sarah Ditty and Neliana Fuenmayor
edie's Mission Possible sofa chat show returns for 2019. In this episode, edie discusses how transparency can help create a more ethical and sustainable fashion industry with Fashion Revolution's policy director Sarah Ditty and A Transparent Company's founder Neliana Fuenmayor.
Estée Lauder targets sustainable palm oil supply chain through farmer empowerment
US-based cosmetics giant Estée Lauder has launched its first sustainability programme for palm oil supply chains, which will see the company work with Indonesian farmers to champion better social conditions and environmental conservation.
Report: World falling short on SDGs' clean energy agenda
Despite "notable" global progress towards Sustainable Development Goal (SDG) 7, Clean Energy for All, in recent years, policies, investment and physical infrastructure are still not sufficient to deliver on its 2030 targets.
M&S, Tesco, rank among top UK businesses for modern slavery compliance
Supermarket giants Marks & Spencer (M&S) and Tesco have been named among the corporates leading the FTSE 100's drive for better compliance with the Modern Slavery Act (MSA), in a new ranking of the nation's largest publicly listed organisations.
Cambridge University agrees to explore fossil fuel divestment plan
The former archbishop of Canterbury Rowan Williams has welcomed an "urgent change" by Cambridge University, after it agreed to provide fully costed plans setting out how it could divest multibillion-pound endowments from fossil fuel corporations.
Selfridges completes palm oil phase-out nine months ahead of schedule
Department store Selfridges has announced that it has achieved a goal of removing palm oil from 100% of its own-brand grocery products nine months ahead of schedule.
UK urged to take lead on biodiversity as UN issues urgent warning
The British government has commissioned Sir Partha Dasgupta, a professor at Cambridge University, to write a report on the economic case for biodiversity as policymakers across the planet are urged to step up efforts to reverse the alarming decline of the natural world.
Seven top tips for making your organisation a purpose-led business
As businesses start to redefine their role in society, purpose has become an essential part of any company's social licence to operate. Here, edie rounds up seven top tips from green economy leaders on finding and communicating your organisation's reason for being.
Mondelez adds new products to sustainable coca sourcing initiative
Mondelez International has re-affirmed its commitment to source 100% of its cocoa by 2025 from its Coca Life sustainability programme following early promising results.
ASOS urges fashion sector to take tougher action on modern slavery
Online fashion retailer ASOS is calling on other firms in the sector to take stronger action to eliminate modern slavery from their supply chains, after teaming up with several of its third-party brands to develop a five-point "roadmap".
Women in sustainability: The agents of change are ready, its time businesses were too
Sustainability is changing how businesses view waste, staff, profits and communities, but its time for businesses that want to prosper to realise the opportunities that a new wave of women leaders can bring.
BlackRock steps up ESG drive with six new low-carbon funds
The world's largest asset manager BlackRock has launched new exchange-traded funds (ETFs) that screen out exposure to "controversial" sectors, improve environmental social and governance (ESG) scores and offer a reduced carbon emissions intensity of 30%.
Tesco switches to sustainable cocoa for own-brand products in time for Easter
UK supermarket Tesco has announced that all cocoa for its own-brand chocolate is now sourced from farms that are Rainforest Alliance Certified.
How AB Sugar made sustainability its competitive edge
Faced with extreme climate-related challenges and increased calls for healthier diets, one of the world's leading sugar businesses has raised its sustainability ambitions to keep its competitive edge in a challenging economic environment.
Report: British firms leading animal welfare practices, but laggards remain
Some of the UK's largest food firms, including Marks & Spencer (M&S) and Cranswick, have been named as the corporate leaders on animal welfare issues in a new report which names the likes of Mars, Subway and Starbucks as laggards in this space.
Tate & Lyle to assess sustainability of stevia supply chain
Global food and beverage provider Tate & Lyle has announced a new partnership aiming to assess the stevia sweetener supply chain for any improvements that can be made to environmental, energy and social stewardship.
Supermarkets warned over ethical and environmental impacts of hand car washes
The Environment Agency will write to major UK supermarkets to call on them to ensure that hand car washes operating in their car parks take appropriate efforts to tackle pollution and human rights concerns, after the Environmental Audit Committee (EAC) warned of the "spectrum of exploitation" taking place in the practice.
Business models for UK fashion industry unsustainable, MPs warn
The Environmental Audit Committee (EAC) has today (31 January) criticised major fashion retailers, including Sports Direct, Amazon and Missguided, for "failing to take action" to protect workers and promote environmental sustainability.
Kingfisher to phase-out 'harmful' chemicals across supply chain
Home improvement retailer Kingfisher will phase-out three potentially harmful chemical groups from its own branded products by 2025, with plans in place to extend the ban across its supply chain as part of the firm's Chemicals Roadmap.
Kahlua pledges to source 100% of its coffee from sustainable communities
Liqueur brand Kahlua has committed to source all of its coffee from communities it certifies as sustainable by 2022, in a bid to have a net-positive environmental and social impact across its supply chains.
Plastic-free flights and blockchain offsets: The sustainability success stories of the week
As part of our Mission Possible campaign, edie brings you this weekly round-up of five of the best sustainability success stories of the week from across the globe.
H&M holds fair wage summit after criticism of supply chain pay policies
Fashion giant H&M has today (11 December) held a summit to determine how best to ensure all supply chain workers receive a "fair" living wage, following campaigner accusations that it had failed to pay some garment workers enough to keep them above the poverty line.
Just Eat's e-scooters and solar-powered smart homes: The sustainability success stories of the week
As part of our Mission Possible campaign, edie brings you this weekly round-up of five of the best sustainability success stories of the week from across the globe.
High-street fashion giants urge viscose suppliers to bolster sustainability
A group of big-name fashion retailers including H&M, ASOS and Inditex are urging their suppliers to take ambitious action to make their viscose processing methods more sustainable, after an investigation found that many were dumping toxic wastewater in waterways and fisheries.
More than 800,000 people sign petition to release Iceland's banned Christmas advert
More than 800,000 people have signed a petition calling for an overturn on the decision to ban Iceland's palm oil-focused Christmas advert from being aired on television during the festive period.
Former Ikea boss Steve Howard: Big businesses must go all-in on sustainability
Ikea's former chief sustainability officer Steve Howard has urged today's business leaders to be bold and set 100% targets to achieve a sustainable future in the face of rising global megatrends.
UK fashion retailers and law enforcement agencies to partner on tackling modern slavery
Some of the UK's largest fashion retailers, including John Lewis and Marks & Spencer (M&S), have committed to work with law enforcement bodies to help identify and act on cases of modern slavery in the textiles industry.
Why Iceland's deforestation-focused Christmas advert won't be on TV this year
Iceland's decision to use part of its Christmas communications campaign on an advert that highlighted the destructive nature of palm oil has been blocked from airing on UK television channels, but why?
Food security: The power of data insights, knowledge sharing and collaboration
Increasing agricultural productivity is a global imperative. To feed a rising global population it has been estimated that we need to grow more food in the next 40 years than we did in the previous 10,000. If that wasn't stark enough, the challenge is being compounded by climate volatility.
Three years on: How the Modern Slavery Act has reshaped best practice for sustainable business
The Modern Slavery Act (MSA) served to highlight issues of human rights abuses and human trafficking when it was written into UK law three years ago. But with half of UK businesses still pre-compliance with the Act, edie explores the impact it has had on sustainable business practices to date.
World's pension funds vulnerable to climate risks, study reveals
87% of assets managed by the world's 100 largest public pension funds are yet to undergo a formal climate risk assessment, according to research published on Tuesday (23 October), with only 15% of them adopting a coal exclusion policy.
Sustainable Business Covered podcast: The Great Green GB Week relay
It's episode 50 of the Sustainable Business Covered podcast, and the edie team undergo a week-long podcasting relay, interviewing an array of sustainability experts from the likes of Adnams, BT, Good Energy, PwC and WWF as part of the UK Government's Green GB Week.
Co-op: Fair pay for supply chain workers 'could be the next plastics'
As more companies begin to emphasise the importance of human rights across global supply chains, the Co-op's chief commercial officer Michael Fletcher has noted that supply chain worker treatment could have a “David Attenborough moment” and become the next big sustainability issue for consumers.
No more 'Greenhush': Sir Ian Cheshire urges business to get vocal on sustainability
The chairman of Barclays UK and Debenhams had suggested that the business community has a "moral imperative" to deliver and communicate real change that brings in new business models to alleviate key climate concerns.
H&M accused of failing to ensure living wage for supply chain workers
Fashion giant H&M has been accused of failing to fulfil a commitment to pay all garment workers enough to keep them above the poverty line, a week after claiming that almost one-million employees are covered by its "fair living wage" approach.
London slides down rankings for global green finance leaders
London has dropped from first to third place in a global ranking of the world's "greenest" financial centres, with ties to “legacy assets” focusing on “non-green” financial offerings impacting its score.
UK agrees new principles to combat supply chain modern slavery
The UK Government has spearheaded a collaborative new set of principles aimed at helping nations tackle modern slavery in global supply chains, which is believed to impact more than 45 million people.
TCFD, SDGs and pop-up squads: What the future holds for sustainability reporting
Sustainability and corporate responsibility managers from a range of businesses recently gathered in London for an exclusive roundtable hosted by edie and reporting and assurance firm DNV GL to discuss how new standards, systems and stakeholder demands are together revolutionising sustainability reporting.
Almost one million garment workers covered by H&M's 'fair living wage' strategy
H&M has revealed that more than 930,000 garment workers located in its supply chain are now covered by a "fair living wage" approach, with 84% of the company's product volume now produced in factories that are improving wage standards and human rights approaches.
Primark expands Sustainable Cotton programme to Pakistan
EXCLUSIVE: Primark has announced it is expanding a sustainable cotton sourcing programme to key suppliers in Pakistan, after more than 4.4 million pairs of pyjamas made with the cotton were sold by the retailer in the UK over the last 12 months.
UBS: UK investors 'more cautious' on sustainable finance than global peers
A new report from UBS has found that UK investors have been more cautious to integrate sustainable financial products into their portfolios, largely due to the uncertainties of Brexit.
How London Fashion Week can set the stage for a sector-wide sustainability revolution
The catwalk shows for London Fashion Week may be over, but with the event's annual festival set to begin on Thursday (20 September), critical eyes will focus on the environmental and ethical impacts of fast fashion. Here, edie explores four ways that the show can champion sustainable alternatives.
Is CSR dead? How millennials are driving demand for authentic brand purpose
EXCLUSIVE: By 2025, three-quarters of the UK's working population will be millennials that want to buy from companies that have a purpose beyond their products and operations. With that in mind, edie explores what comes next for the traditional CSR strategy.
Future gazing the role of the sustainability profession
It's a tricky thing, predicting the future. So, before looking forward let us reflect upon on what changes we've seen in the CRS profession over the last 20 years. There's no doubt we are a profession that is growing in maturity, and yet still evolving.
Tax havens shielding companies responsible for deforestation and overfishing
Money channelled through secretive tax havens has been used to fuel deforestation in the Amazon and illegal fishing around the world, racking up a heavy environmental toll but leaving few ways for businesses to be held to account.
Academics call on businesses to drop standalone sustainability reports
A new report has urged corporates to drop standalone sustainability reports in favour of integrated reporting methods, to better showcase how sustainability can act as a holistic driver for growth and value across a business.
The burning question: Can Burberry spark a resource revolution in the fashion industry?
EXCLUSIVE: In contrast to the public uproar over the burning of almost £30m worth of stock, luxury fashion brand Burberry is on a journey to "foster business models" that redefine waste and embed the circular economy into an industry riddled with "fast fashion" discrepancies.
BT teams up with Unseen to launch modern slavery reporting app
Communications giant BT has partnered with anti-trafficking charity Unseen to launch an app that lets users report concerns in confidence of potential cases of modern slavery.
edie at 20: How did sustainability become so business-critical?
edie's 20th anniversary as a sustainable business media brand is an ideal opportunity to remind ourselves of the past two decades of corporate sustainability, which have seen it evolve from an environmental add-on to a fundamental aspect of growth.
Dirty fashion: Companies criticised over 'damaging' viscose use
Luxury fashion brands and high-street retailers have again been linked with the damaging production of viscose textile fibres, despite some of last year's laggards making notable improvements to sourcing practices.
Report: UK product imports fuelling modern slavery at home and abroad
The UK purchased almost £14bn worth of products that were produced through forced labour last year, while 136,000 people living in modern slavery are now located in the UK, according to a new report.
British retailers call for progress on ‘weak’ corporate anti-slavery commitments
Several big-name British retailers, including Marks and Spencer (M&S), Tesco and the Co-op, are among the 35 organisations to have signed a joint statement calling on the UK Government to set up a central registry for companies' modern slavery statements.
BT, Microsoft and Nokia team up to combat human trafficking in supply chains
Communication and technology giants BT, Microsoft and Nokia are part of a group of organisations that have partnered with the United Nations (UN) to develop technologies that help tackle modern slavery and human trafficking in supply chains.