Natural Capital Committee: Biodiversity net-gain must not rely on offsetting
The UK Government's independent advisor on natural capital has criticised proposals put forward by the Department for Food, Environment and Rural Affairs (Defra) that would require developers to pay for biodiversity offsets in other regions if their projects result in habitat loss.
Three-quarters of UK FTSE All-Share firms 'highly dependent' on natural capital
Almost three-quarters (74%) of UK businesses listed on the FTSE All-Share Index have been dubbed "potentially highly dependent" on natural resources such as clean air, water and soil in a new study on nature-related business risks.
The Big Brexit Questions podcast: What next for the UK's natural capital?
With Brexit discussions set to resume as MPs return to Parliament after an 11-day Easter break, edie's new podcast mini-series explores the impact of Brexit on key areas of the UK's green economy. Up next: Natural capital.
Report: Failure to implement clean air laws cost EU €24bn in 2018
By failing to meet targets and regulations set out in EU environmental laws, Member States collectively cost the bloc's economy almost €55bn last year, a new report from the European Commission's Directorate General for the Environment has found.
Time for business to learn about the birds and the bees
Climate change is finally making headlines the world over with a level of urgency to make people sit up and listen. This focus is desperately needed, but the irony is that it could also be our undoing as we become increasingly blinkered to the perilous state of broader natural systems.
BNP Paribas aligns with SDGs and Paris Agreement in new sustainability strategy
French banking giant BNP Paribas has outlined its latest strategy to accelerate its commitment to sustainable development.
'The £1bn challenge': Natural capital investment project launched in Scotland
The Scottish Environment Protection Agency (SEPA) and the Scottish Wildlife Trust have teamed up to launch a new project aiming to attract £1bn of investment in protecting the nation's natural capital.
Water companies urged to 'up their game' on pollution and natural capital through to 2025
The UK water sector has stepped up its environmental ambition in the current business planning period, but gaps remain when it comes to reducing sewage pollution incidents and factoring in the value of natural capital.
When boards approve fake profits, society picks up the tab
To tie in with his appearance at edie's Sustainability Leaders Forum, Earth on Board's Founder and CEO Philippe Joubert discusses why businesses should consider their true profits.
Finance firms must adopt a natural capital approach to risk, PwC warns
In the face of climate challenges, most financial service providers are still failing to assess the extent to which environmental degradation could pose financial risks to their firms, PwC has warned.
Corporates 'set to lose $1.6trn' without action on natural capital
FTSE100 firms face collectively losing $1.6trn of market capital if they fail to adopt a natural capital approach to decision-making, by assigning a monetary value to natural resources.
Investors urged to act on natural capital to help halt climate change
The investment sector has been urged to assess their impacts and dependencies on natural capital resources - such as clean air, oceans and forests - in the wake of the Intergovernmental Panel on Climate Change's (IPCC) landmark report on global warming.
Business giants launch new natural capital metric
A global network of big-name companies including Mars, Asda and Primark have today (July 11) unveiled a new set of metrics to help other organisations identify, measure, and value impacts and dependencies on natural assets, raw materials and natural infrastructure.
Dow generates £90m from natural capital projects
The Dow Chemical Company (Dow) has continued to prove the business case for measuring impacts on nature, generating almost £90m ($120m) from putting an economic value on natural resources in 2017.
What does ‘New Power’ mean for business?
I've attended a couple of events recently where some particularly strong themes were evident. Everything came back to fundamental shifts in power and the trend towards participation and collaboration - all intrinsically linked and it's since led me to reflect on what this all means for business.
The Essential Eight: edie launches supply chain sustainability handbook
Sustainability and CSR professionals looking to implement best practice to drive sustainability into the supply chain now have access to a new 'handbook' which provides expert advice and insight to tackle eight essential areas of supply chain management.
The Supply Chain Sustainability Handbook
This handbook outlines eight essential opportunities that businesses can seize upon now to drive supply chain sustainability. Each page of the handbook provides an overview of the opportunity, supplemented by top tips, ‘in action’ case studies and expert comments from businesses that will be represented at edie’s Sustainable Supply Chains 2018 conference in June.
Paving the way to a better built environment
Construction businesses lie at the juncture of some of the world's most pressing environmental and societal challenges. Here, the UK Green Building Council's chief executive Julie Hirigoyen charts the progress being made across the industry in the key areas of climate change, resource use, nature and biodiversity, health & wellbeing and socio-economic impact.
Safeguarding the environment to future-proof our economy
As a Corporate Responsibility & Sustainability professional I couldn't not respond to the UK's shiny new 25 year Environment Plan this month, which sets out how the UK will tackle the crisis facing our natural world.
The 25 Year Environment Plan: reasons to look on the bright side
After months of anticipation the UK's 25 Year Environment Plan was launched yesterday. Unlike some others, I believe it is a positive step. These are my top reasons to look on the bright side:
25-year Environment Plan: Seven key talking points for sustainability professionals
With the dust settled on the launch of the Government's plan to improve the environment over a generation, edie has taken a look at seven key measures that could have the biggest impact on those in the sustainability and energy management community.
Michael Gove: UK to reward farmers for environmental practices post-Brexit
Michael Gove will indicate that the UK will replace the Common Agricultural Policy (CAP) post-Brexit with a system that gives subsidies to farmers who try to enhance the natural environment.
Redrow targets biodiversity 'net gain' at new developments
UK housebuilder Redrow has announced that a "net gain" approach to biodiversity will be adopted across all new developments, following a trial period that successfully enhanced the ecological land value of certain projects.
Now for clean growth – let’s hope it’s real this time
If, like me, you're downloading a burgeoning number of Government reports committing us to clean growth, low carbon infrastructures and greater disclosure on climate risk, you'll either be feeling 'at last, the tide has turned'; or suspending your lingering cynicism about commitments to the green economy. Is it all real this time?
WWF: UK could lose £35bn by 2050 through extreme weather
Researchers have warned that future droughts could dent the UK economy by around £35bn unless extreme weather scenarios are factored into governmental and business decisions.
Businesses moving in right direction on natural capital, says World Business Council
EXCLUSIVE: Companies have taken a "huge step in the right direction" over the past 12 months when it comes to measuring business impacts on nature, the director of natural capital at the World Business Council for Sustainable Development (WBCSD) has told edie.
Has Defra's environment plan been 'kicked into the long grass'?
Opposition party politicians have expressed concern that the green business community has been "fobbed off" over the multiple delays of the Government's proposed 25-Year Environment Plan.
'Weak' Tories have broken environmental promises, says Lib Dem peer
EXCLUSIVE: The Conservative Party's environmental policy record since the 2015 General Election will be remembered as a period of broken promises, the Liberal Democrats' Deputy Leader in the House of Lords has told edie.
New natural capital metric a 'powerful lever for change', says Kering
EXCLUSIVE: A new natural capital biodiversity metric will act as an "internal change management tool" that allows companies to define and translate what environmental footprints look like in a business context, Kering's head of sustainable sourcing innovation has claimed.
Natural capital: Credible concept or spurious sustainability approach?
EXCLUSIVE: Natural capital accounting can be a "disaster" for sustainability professionals and is not an effective way of engaging the finance community with environmental issues, the head of sustainability and finance at UK brewer Adnams has said.
Pressure mounts on Defra to release environment strategy
An array of sustainability and environmental experts have told edie the Government must "stop dithering" and publish its long-awaited 25-Year Environment Plan, after a leaked version of the document was criticised for providing "grand promises with zero detail".
Post-Brexit environmental legislation could boost natural capital into the mainstream
The 25-year environmental plan can act as a catapult to launch the concept of natural capital into the mainstream, the Chair of the Natural Capital Committee (NCC) has claimed.
Corporate governance reform: time for change
The UK Government's Green Paper on Corporate Governance Reform brings into sharp focus the need to rebuild trust in companies.
Businesses call for SDGs to act as a pillar for long-term environmental policy
More than 60 organisations have called on the UK Government to place the spirit and aims of the UN's Sustainable Development Goals (SDGs) at the heart of the proposed 25 Year Environment Plan to foster natural capital valuation and increase business prosperity.
Defra urged to make 'rapid progress' with release of environment plan
The UK Government must swiftly implement a legally-binding 25-Year Environment Plan to halt the decline of the country's natural capital, an independent advisory body has said.
Defra outlines five-year climate action plan in national risk assessment
On the same day that the Met Office confirmed that 2016 was the hottest year since records began, the UK Government has today (18 January) highlighted the need to ramp up national efforts on climate change over the next five years in a new report of its own.
Science-based targets top choice for sustainability leaders, edie survey reveals
The adoption of science-based targets to drive climate action is continuing to move rapidly up the corporate agenda, with more than half of sustainability leaders either beginning to apply or fully embedding the methodology within their organisation.
Autumn Statement 2016: 10 green policy hopes for Philip Hammond's first budget announcement
From unveiling a low-carbon Industrial Strategy and confirming post-Brexit support for renewables through to enabling a smart, flexible energy system and providing more expenditure to prevent flooding - will new Chancellor Philip Hammond deliver on our green policy wishlist in his first Autumn Statement?
Stella McCartney: Fashion is literally getting away with murder
British fashion designer Stella McCartney has called on clothing manufacturers to take more responsibility for the environmental impact of the products they produce and stop the "unglamorous" sourcing of unsustainable and unethical products.
Are UK furniture retailers unwittingly destroying forest resources?
The majority of British furniture retailers are failing to treat responsible timber sourcing as a key issue despite having long-term business interests in such actions, a new report commissioned by the WWF suggests.
Green groups call for clarity and certainty on Defra's 25-year plan
The Department for Environment, Food & Rural Affairs (Defra) must build a robust framework of domestic legislation in order to ensure adequate protection of Britain's natural environment post-Brexit.
Businesses remain unaware of natural capital impact, warns WWF
EXCLUSIVE: The majority of businesses are critically failing to address the impact of their operations on the world's depleting stock of natural resources, according to WWF-UK's director of advocacy.
New agri-business alliance formed to help deliver SDGs
A coalition of 36 leading agri-businesses have joined forces to launch the Global Agri-business Alliance (GAA), aiming to tackle environmental and social challenges affecting agricultural supply chains and rural communities worldwide.
Technologies and business models for a flourishing future
Do we have the tools to deliver sustainable consumption and production, and if we don't how can we build them?
Context and capitals: the next big things in corporate sustainability
Context is a game-changer for sustainability professionals and for the businesses that they work with.
AECOM partners with University of Salford to fund sustainable infrastructure research
Environmental consultancy firm AECOM and the University of Salford have struck up a new partnership that aims to improve understanding of how major infrastructure programmes interact with the environment.
Prepare for a global 'timber supply crunch', WWF warns UK retailers
"Urgent action" is needed from British businesses to invest in more sustainable timber sourcing practices, as highly-sourced areas suffer from a dangerous shortage of resources, a new report commissioned by the WWF has warned.
Natural Capital Protocol launch 'heralds a new era' for green business
The Natural Capital Protocol has been launched today (13 July) to offer businesses a standardised framework to identify, measure, and value impacts and dependencies on natural assets, raw materials and natural infrastructure.