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Premier Foods to cut direct emissions by two-thirds by 2030

…under the SBTi’s net-zero standard for its 2040 net-zero goal. This standard requires businesses to work towards at least a 90% reduction in emissions across all scopes, thus ensuring that…

Legal & General records five-fold increase in companies it is analysing on climate grounds

…encourage companies to transition to net-zero carbon emissions. Last year’s Pledge analysed 1,000 companies across 15 sectors, compared to more than 5,000 across 20 “climate critical sectors”, which now includes…

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…

World Economic Forum launches global green aviation initiative

…to fulfil their potential as clean energy hubs and standard-bearers for the net-zero economy.” According to the International Energy Agency (IEA) report, aviation accounted for more than 2% of global…

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…

COP28 Action Tracker: The UN’s stark new climate warning and renewed China-US collaboration

…Tracker here. The numbers 92% of global GDP covered by net-zero targets from governments 2.9C of warming on pre-industrial times predicted by the UN by 2100 6,561 companies committed to…

Short-termism and finance access biggest barriers to corporate climate action

…part of edie’s new Membership offering. Businesses of all sizes and sectors are under immense pressure to accelerate progress on sustainability and net-zero. The need to know what other organisations…

Language barrier: Shoppers don’t understand common green claims, survey reveals

…of carbon offsetting, which most brands and businesses will need to use to some extent to achieve net-zero or carbon neutrality. Among those who had seen businesses use ‘net-zero’ or…

Accelerate the Transformation: edie’s flagship climate action event heading for a sellout

…a direct, positive impact on their sustainability and net-zero strategy as a result of attending. Held over two floors, edie 24 will offer up two full days of keynotes, panels,…

Limited spaces available for edie’s Scope 3 workshop event in June

Back by popular demand, edie’s Scope 3 Emissions Workshops helps sustainability, energy and supply chain professionals tackle one of the most critical aspects of the net-zero transition: calculating, reporting and…

‘Morally obscene’: Rosebank oil field gets green light from regulators

…(CCC) report notes that while the UK will still require a certain amount of oil and gas until it achieves net-zero, it will not need to develop new North Sea…

Airlines push back against SAF mandates in UK, EU

…autumn at the earliest. The EU’s answer to the Act is called the Net-Zero Industry Act and, while it does provide additional financial incentives for biofuels and carbon capture, there…

UK pension funds still holding £88bn in fossil fuels, despite increased climate commitments

net-zero targets but are yet to completely stop investing in fossil fuels. While some fossil fuels are likely to be used in a net-zero world, Net-Zero Tracker recently confirmed that…

Dozens of banks urged not to finance Rosebank oil and gas field

…combined annual emissions of all low-income countries worldwide. The International Energy Agency (IEA) released a net-zero pathway for the energy sector in early 2021, stating that no additional oil and…

British beverage manufacturing sites forge ahead with low-carbon heating innovations

…to reach net-zero in these scopes by 2030. The funding will be used to replace gas-fired heating with heat pumps and to procure renewable electricity to power the new heating…