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Net-Zero Tracker: Quality of corporate climate targets only increasing incrementally

net-zero targets in this sector are “largely meaningless”. Report co-author Dr Steve Smith, executive director of Oxford Net-Zero, said: “Expecting fossil fuel companies to go net zero might seem like…

‘Best-guess measurements’: Should corporates be worried about Scope 3 greenwashing?

…requires businesses to pledge to reduce absolute Scope 3 emissions by at least 90% by 2050 under its Net-Zero Standard. The number of companies calling on their supplier to disclose…

From charters to energy plans: New Skidmore report calls for policies to help local authorities reach net-zero

…the it is better aligned to support the delivery of net-zero while accounting for nature recovery. Other notable recommendations listed in the report include developing a Local Net-Zero Data and…

Ofgem given net-zero duty in government U-turn

net zero electricity and system decarbonisation “at the heart of virtually every decision we make”. However, critics have argued that not having net-zero as a core duty means that Ofgem…

Premier Inn to replace gas with heat pumps across hotel estate

…has chosen 2040 as its net-zero deadline for Scope 1 (direct) and Scope 2 (power-related) emissions, and 2050 as the deadline for net-zero indirect (Scope 3) emissions. Transitioning energy sources…

‘This is idiocy’: Green economy leaders slam PM’s backtracking on key low-carbon policies

…and individuals, including trade bodies, MPs, NGOs and think-tanks, that net-zero and economic growth go hand-in-hand and should not be framed as being at odds. He has also been urged…

‘Greenstalling’: Are businesses getting stuck in net-zero analysis paralysis?

…to reaching net-zero emissions. Corporates continue to set net-zero targets at a quick pace, with the Net-Zero Tracker noting that such targets have risen by more than 40% in 16…

Nokia commits to net-zero greenhouse gas emissions by 2040

…to net-zero Nokia has devised a new pathway toward achieving net-zero emissions, focusing on various aspects of its operations. In terms of product design and innovation, Nokia aims to enhance…

One-third of businesses do not have the budget to reach net-zero

…was pushing them toward their net-zero goals. Other drivers cited include ethical obligations (58%) and cost optimisation (47%). “To get to net-zero goals, firms must establish a concrete strategy and…

Time to deliver: The Net-Zero Carbon Action Sessions

net-zero debate; the second will be a series of back-to-back best practice case studies; the third will focus on delivering a robust net-zero Transition Plan; and the fourth will explore…

Rishi Sunak’s reported plans to weaken climate policies spells damage for the economy and businesses

Net-Zero Growth Plan a “feeble and inadequate” measure to respond to the climate crisis. With the original Net-Zero Strategy deemed unlawful by the High Court last year, the Net-Zero Growth…

The Gym Group’s net-zero target validated by the Science Based Targets initiative

…Compleat Food Group’s has committed to achieving net-zero in operations by 2035 and in the value chain by 2040, aligning with the SBTi’s Net-Zero Standard. This requires firms to cut…

Co-op and JDE Peet’s align climate targets with SBTi Net-Zero Standard

Co-op has secured validation from the Science Based Targets initiative (SBTi) for its near-term and overarching net-zero targets, pledging to achieve net-zero emissions across its own operations by 2035 and…

edie Awards 2024: Shortlist of finalists unveiled

Zero by 2040 Essex County Council – Net Zero Homes Strategy Hines – European Core Fund Lambert Smith Hampton – Roadmap to Net-Zero Mars – Net Zero Roadmap Mitie Plan…

‘Risk to competitiveness’: CCC urges Government to step up green job growth

…jobs and distributing economic opportunities across the UK. The CCC calculates that the net-zero transition can deliver between 135,000 and 725,000 net new jobs in low-carbon sectors such as buildings…

Fujitsu pulls net-zero target forward to 2040

Net-Zero Standard. The firm had previously set a 2050 deadline for net-zero operational emissions. Its new targets are set against a fiscal year 2020 baseline. Looking at the residual emissions…

‘A pathetic attempt to turn climate policy into a culture war’: Green economy reacts to King’s Speech

…environment; otherwise, the government’s crucial commitment to the environment could be in jeopardy. Nevertheless, the King’s Speech has reaffirmed Sunak’s recent push-back on net-zero policies. As the nation grapples with…

UK Business Climate Hub to support 5.5 million SMEs toward net-zero

…and certifications, and getting business grants, green loans and financing for a retrofit. Net-Zero Council co-chair Shirine Khoury-Haq said: “None of us will get to net-zero without all of us…

Lloyds Banking Group sets stronger targets to slash emissions, waste and water use

…reductions is now “considered to be industry best practice in achieving net-zero”. This is likely partly attributable the launch last year of the Science-Based Targets initiative’s (SBTi) Net-Zero Standard. Also…

‘Another barren Budget for net-zero’: Green economy leaders react to Jeremy Hunt’s announcements

…decision-makers and thought-leaders believe this Budget presented many missed opportunities for seizing the growth potential of the net-zero transition. Here, edie rounds up all the reactions. Friends of the Earth’s…