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Nature in boardrooms and British homes with no energy bills:The sustainability success stories of the week

…energy projects like Hai Long are a priority for UK Export Finance as we engage with global efforts to reach net-zero. With the recent OECD Arrangement modernisation increasing the range…

How green are Labour’s six priority ‘Missions’ for the UK?

…intends to support fast-growing sectors which could lead Britain’s economic recovery, including renewable energy, energy efficiency products and electric vehicles. Recent analysis from CBI Economics found that the UK’s ‘net-zero

90% reduction by 2040: Corporates press EU for more aggressive decarbonisation targets

At present, the bloc is targeting net-zero by 2050. An interim target has been set for a 55% reduction in emissions, against a 1990 baseline, for 2030. A 2040 emissions…

Repsol has renewable hydrogen ad banned in the UK over greenwashing worries

…2050 net-zero plan. Additionally, Repsol has pledged to ensure that 45% of its total employed capital is invested in low-carbon energies by the end of the decade. The ASA ruled…

Campaigners lodge greenwashing complaint over Luton Airport expansion advertising

…biodiversity net-gain metric would also be introduced for the expansion. The Climate Change Committee, when outlining steps that the Government should introduce to reach net-zero by 2050, has suggested that…

WRAP and WWF: Retailer Net-Zero Collaborative Action Plan

…Co-op, Morrisons, Sainsbury’s, Tesco, Waitrose and Marks & Spencer (M&S) have signed on to the new ‘Retailer Net-Zero Collaborative Action Plan’. The aim of the new plan, facilitated by NGOs…

EU Parliament votes to dilute new ‘Euro 7’ vehicle pollution limits

…governments to finalise the law. The Euro 7 regulation is the latest in a series of standards that set permissible levels of air pollution from cars, vans, buses and trucks…

Global investors with $11trn in assets rally behind Mining 2030 Commission

…the current landscape of available data, considering regulatory requirements and voluntary standards. Furthermore, the Commission has committed to assessing the role of standards in driving industry best practices, examining efforts…

Axe tax on cleaner haulage fuels, say businesses and NGOs

…This exemption does not extend to hybrid vehicles. The UK’s 2050 net-zero target is supported by a goal to end the operation of HGVs which are not zero-emission by 2040….

Whitbread opens its first all-electric Premier Inn hotel

…inform the design of other new hotels. Regarding existing hotels, Thomas believes they could “absolutely” be retrofitted to be electric-only. In fact, this is a necessary facet of Whitbread’s net-zero

‘Energised by fleet investment’: EV adoption spikes following strongest auto market since 2019

…fleet was anticipated to surpass the 1 million milestone by the conclusion of 2023. British Gas’ EV director for net-zero ventures Kim Royds: “A record number of EV’s on the…

From fake news to gigafactory gaps: What are the key challenges facing the UK’s EV transition?

…of confidence among industry stakeholders and the public. In September 2023, Prime Minister Rishi Sunak delivered a speech acknowledging the challenges of achieving net-zero, accompanied by rollbacks on key net-zero

Aviation giants urge UK Government to get clear on hydrogen vision

…the ‘Jet Zero Strategy’, which sets a 2040 net-zero target for domestic flights and a 2050 deadline for international routes, if Ministers take swift, strategic, joined-up decisions to scale hydrogen…

Ikea’s second-hand sales and York’s solar ‘living lab’: The sustainability success stories of the week

…it works towards a global 2040 net-zero target, e-commerce behemouth Amazon is investing £300m in decarbonising its transport network in the UK. This week, the business opened a key project…

THREE TIPS TO SUPERCHARGE YOUR BUSINESS ELECTRICITY PROCUREMENT STRATEGY

…to sustainable, net zero operations is also pressing. However, with access to more data than ever, businesses are better positioned to evaluate their procurement options. Having better insight into energy usage enables businesses to work with…

Coca-Cola bottler eyes plastic packaging made using captured carbon

…to net-zero. Some hard-to-abate industries simply will not reach net-zero without the ‘net’. But the consensus is that CCUS cannot be used as a substitute for emissions reductions – especially…

EU countries hammer out joint stance for COP28 climate summit

…substantially overshoot its current target of -55% net emission cuts and achieve at least -65% gross, or -76% net emission cuts by 2030 and net zero emissions no later than…

From renewable hydrogen to climate adaptation: Seven green innovation trends to watch in 2024

…efficiency. 3) Digital net-zero strategising While mature net-zero solutions exist in electricity generation, other sectors are far harder to abate, including heavy industrials like cement, steel and chemicals. Innovators are…

Barclays to end direct finance for oil and gas expansion

…to immediately cease providing new project finance and all other kinds of direct finance for upstream oil and gas projects and related infrastructure. “In the International Energy Agency’s Net-Zero Energy…

The case for investing in nature-based solutions in 2024

The road to net-zero and biodiversity recovery will be long and winding, with no easy solutions. However, the promise of nature-based solutions (nbs) has created a perception that perhaps we…