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Pension funds ‘dramatically underestimating’ climate risks, researchers warn

A new report from the Economics of Energy Innovation and System Transition (EEIST) project, led by the University of Exeter, found that current net-zero transition models used by pension funds…

John Laing Group launches new sustainability strategy including stronger biodiversity risk assessments

…the climate pillar, the business has built upon a 2050 net-zero goal with interim goals to cut financed emissions. By 2030, 70% of assets under management by value will need…

Registration open for edie’s onsite energy generation masterclass

…leaders’ are moving further and faster towards net-zero Masterclass chair: Sarah George, Content Editor, edie Masterclass presenters: Stephen Edwards, Senior Editor, FT Longitude Nebin Babu, Net-Zero Consultant, Centrica Business Solutions…

edie 24: Flagship climate action event returns to drive business transformation

…& Events Awards after 92% of businesses reported a direct, positive impact on their sustainability and net-zero strategy as a result of attending. “This year’s IPCC reports concluded that it’s…

Reports: Oil and gas majors continue to slow energy transition and undermine Paris Agreement

…to a net-zero global energy system by 2050, in contrast, includes the immediate cessation of all new upstream oil and gas projects with long lead times and a 25% decrease…

How The O2 Arena in London delivered the world’s first ‘carbon-removed’ concerts

…sense for your net-zero date and that of the planet.” As well as trees and direct air capture, CUR8’s portfolio includes solutions such as enhanced rock weathering, which involves grinding…

Hampshire to host UK’s largest water-source heating and cooling network

…for heating and hot water. These will need to be replaced with alternatives as the nation works towards net-zero emissions by 2050. The Government is yet to make a strategic…

AtkinsRéalis: Approach to becoming Consultancy of the Year

At a glance: Who: AtkinsRealis What: Award-winning approach to sustainability consultancy Where: UK When: Ongoing Why: To assist firms on the road to net-zero The challenge: Businesses are facing huge…

Now available on demand: edie’s webinar on optimising your energy data

Energy data is the backbone of the net-zero transition. Done well, data management can unlock significant carbon and cost savings and help to underpin investment in key projects. But gathering…

Global climate briefing: Sunak snubs UN meetings as California moves to mandate corporate climate disclosures

…updated its net-zero strategy in March after the previous iteration was ruled to be unlawful at the High Court. This refreshed version is now also subject to a legal challenge…

The Business Guide to the Just Transition

…a net-zero future is an equitable one too. However, for many firms, the Just Transition remains ill-defined and therefore lacks the buy-in that other key sustainability issues like net-zero have….

Budget 2024: How Jeremy Hunt sent mixed messages on clean energy

…pledges with its levelling up and net-zero commitments. Yet most green economy commentators were even more disappointed than they had anticipated. Net-zero was framed largely as an optional burden rather…

CCC appoints Nigel Topping as new business champion

…be even more ambitious in our net-zero advice [to Government]”. The CCC will publish its next annual net-zero progress report to the UK Parliament in June. Topping said: “I’ve long…

Set internal carbon price before bullishly offsetting, UKGBC urges

The UK Green Building Council (UKGBC) has today (27 June) set out new guidance on carbon offsetting on the way to net-zero. This builds on its existing advice for slashing…

ClientEarth to appeal High Court dismissal of climate lawsuit against Shell

…The updated strategy reiterates the company’s long-term net-zero target, in place for 2050, but confirmed a change in strategy to maintain current levels of liquid fuel production through to 2030….

edie Awards 2024: First batch of esteemed judges announced

…Year Energy Project of the Year ESG Investor of the Year Nature and Biodiversity Project of the Year Net-Zero Strategy of the Year Net-Zero Innovation of the Year Net-Zero Leader…

Business must step up and be the catalyst for change to drive fossil fuel phase out

…Finally, commit to getting a majority of Tier 1 suppliers to set credible net-zero commitments well before 2030. If your company has a science-based target, these steps are inevitable in…

IEA: Global clean energy transition now ‘unstoppable’

…for getting the global energy transition aligned with net-zero by 2050 on a net-zero trajectory. These are intended to serve as guidance for negotiations at COP28, which begins in Dubai…

Businesses in high-carbon sectors still expect to rely on fossil fuels after 2050

…entirely before 2050, despite the majority of them having set net-zero targets for 2050 or sooner. The sectors least optimistic of a rapid fossil fuel phase-out are shipping and concrete…

UK boosts offshore wind strike price by two-thirds after crisis talks with renewables industry

The Department for Energy Security and Net-Zero (DESNZ) stated that it undertook an “extensive review of the latest advice” after the 2023 CfD round announced in September secured lower capacity…