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Scottish Widows gets tougher on investment manager voting on ESG issues

…Exclusion Policy. Climate finance commitment The new report from Scottish Widows this week also provides an update on the company’s commitment to invest more than £1bn in climate solutions by…

More companies disclosing on forests, but $80bn risk of inaction remains

commitments in place to end deforestation by 2025 and just 10 companies have deforestation targets that also focus on improving social conditions. In total, just 269 companies estimated that the…

Sage sets 1.5C science-based targets as Kier gets net-zero validation

Sage Group has received validation from the Science-Based Targets Initiative (SBTi) for a new commitment to halve emissions across all scopes by 2030. This commitment has a 2019 baseline. The…

£5.7trn investor coalition urges G20 leaders to reform food system subsidies for climate

…in India, urging reforms of agricultural policy in line with the nations’ commitments as signatories to the Paris climate agreement and to the UN biodiversity treaty ratified last year. Under…

Starbucks’ community fridge funding and Spain’s ‘living port’: The sustainability success stories of the week

…expand to more locations, providing a food waste solution that also delivers community benefits. This week, Hubbub confirmed a £350,000 funding commitment from the Starbucks Foundation to host ‘food hubs’…

Octopus and British Gas customers paid £7m for avoiding peak-time energy use

…households in the UK take part, the faster we will get there.” The UK Government is mandating all remaining coal-fired electricity plants to come offline by October 2024. However, it…

Going beyond net-zero a ‘once-in-a-generation economic opportunity’ for UK

…former government economist Chris Walker for the UK Business Council for Sustainable Development, in partnership with Prologis UK and Inspired Plc, states that a “beyond net-zero” transition would offer economic…

CCC appoints Nigel Topping as new business champion

Topping was chosen, the Government’s climate advisors stated, for his wealth of experience in both the private sector and in international climate diplomacy. He will take up the post this…

Second-hand tech: Could 2023 be a tipping point for e-waste?

…more rapidly in the B2B sector – including Canon’s sustainability and government affairs director for EMEA, Peter Bragg. Canon recently launched a range of remanufactured printers made using at least…

Electricity System Operator announces reforms to speed up grid connections for energy projects

…much needed reform to meet Britain’s bold climate goals. “We continue to collaborate with ESO, industry, government and the regulator to deliver actions and reforms to allow us to make…

Labour teases new ‘green prosperity plan’ to pair net-zero and levelling up

…workers in the energy industry amid the net-zero transition, after he stated that a Labour Government would end all new North Sea oil and gas licenses. Starmer told GMB’s annual…

UK remains fourth most attractive country for renewables investment, despite mounting global competition

…to factors such as Brexit and to a lack of long-term Government support for onshore wind and solar. But the UK’s position has been maintained due to the UK’s recent…

Report: Energy upgrades for homes could deliver £135bn boon for UK

…same timeframe, according to the Government. Analysis from the Energy & Climate Intelligence Unit last year found that homes rated EPC ‘F’ were likely to have annual gas bills around…

Rosebank: Decision on Britain’s biggest oil and gas field reportedly delayed

…project. Uplift’s executive director Tessa Khan said: “The government is finally grasping what we and others have been saying for months: that it is impossible to reconcile approving a huge…

UK ‘risks missing out on £230bn opportunity’ without refreshed industrial strategy

…the UK Government developing and delivering a new, modern industrial strategy. This strategy would focus on the industries which Chancellor Jeremy Hunt has identified as a priority for future growth,…

The state of corporate climate finance in 2023: Nine key facts and stats

…for a long time, especially in the energy price crisis. 4) Survey respondents said that clear and consistent policy and regulatory approaches from the Government would help to address this…

Dale Vince unveils plans to launch new green airline

…time.” SAF debate In launching Ecojet, Vince is taking a stance against the UK Government’s approach to low-carbon aviation, which centres on efficiency improvements and the ever-increasing use of Sustainable…

‘Game-changing’: Ocado pilots digital deposit return scheme to incentivise recycling

…can recycle packaging through kerbside collections. National DRS The Government estimates that the UK uses approximately 14 billion plastic drinks bottles and nine billion cans annually, with a significant portion…

Vattenfall pauses major Norfolk offshore wind farm as costs climb higher

…need to seek a new development pathway for its entire Norfolk Zone, which includes two additional offshore wind farms – Vanguard East and Vanguard West. Government support Norfolk Boreas was…

ZeroAvia welcomes successful zero-emission hydrogen aircraft testing

…which is partly funded by the UK Government. Minister for Industry & Economic Security Nusrat Ghani MP said: “ZeroAvia is making fantastic progress in pioneering zero-emission flight, and I want…