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EU and US approve new rules for decarbonisation and emissions reduction

The Net-Zero Industry Act sets a target for Europe to produce 40% of its annual deployment requirements in net-zero technologies by 2030, aligning with national energy and climate plans (NECPs)….

Automakers lobbying strongly against progressive EV policies, report reveals

…the world’s third-largest source of emissions, behind the energy sector and the food system. The International Energy Agency’s (IEA) net-zero by 2050 scenario includes an end to new petrol and…

Why business must act now on biodiversity

…overlaps with climate. Take action cohesively and in a way that complements the businesses’ net-zero transition and social goals. The links between nature loss and climate change have been shown…

‘Nature risk is financial risk’: Final TNFD framework unveiled at Climate Week NYC

…their strategies. The Science-Based Targets Network’s standards for businesses were notably launched in May. The TNFD launched four beta versions of the framework before today’s (18 September) announcement. From the…

Hundreds of businesses to adopt Taskforce on Nature-related Financial Disclosures’ recommendations

…in their strategies. The Science-Based Targets Network’s standards for businesses were notably launched in May. The framework also draws on other relevant standards including the International Sustainability Standards Board (ISSB)…

Can plastic credits be a viable tool on the road to a circular economy?

…with huge plastic footprints to carry on production. ‘Festival of greenwashing’ One such organisation expressing these concerns is A Plastic Planet. The organisation’s co-founder Sian Sutherland told edie that plastic…

Sustainability-linked derivatives: A valuable addition to the ESG toolkit

…they work? SLDs work like standard derivatives, enabling companies to mitigate, or hedge, various financial risks, such as changes in foreign exchange rates, interest rates or other factors impacting their…

LEGO sets net-zero target and pledges $1.4bn in sustainability investments

…all scopes. These targets will be aligned with the SBTi’s Net-Zero Standard. These new targets will feed into a new climate transition plan, to be published within two years. This…

Veganuary campaigns and Gatwick’s new EV charging forecourt: The sustainability success stories of the week

net-zero operations in 2022, an improvement on 2021 levels. City Hall has posted a total of 60,000 tonnes of CO2e savings thanks to its standards in 2022. London’s Deputy Mayor…

Can the EU’s embattled CSDDD be saved?

…to set targets and demand certain things. I did that as part of the [UK] Government that brought in net-zero legislation. “I think the actual reality of this, in a…

New investigation links H&M and Zara clothing to illegal deforestation in Brazil

…in response to concerns raised by Earthsight. The organisation has pledged to share audit findings and to suspend licenses if farms fail to meet the BCI standards. Additionally, the organisation…

Amid SBTi controversies, WWF says carbon offsets ‘cannot be a substitute’ for decarbonisation

…SBTi’s Net-Zero Standard can only use offsets to address 10% of their absolute emissions across all scopes. This approach has been fiercely debated within the corporate sustainability space and has…

Delta Air Lines faces legal action over carbon neutrality claims

…the Science-Based Targets Initiative’s net-zero standard. To do so, it would need credible plans to reduce emissions across all scopes by at least 90% – relying on offsetting for 10%…

UK Overshoot Day: Three transformational ways businesses can help move the date

net-zero target. Yet we know that 45% of annual global emissions are connected to the ways in which we use resources, so we won’t reach net-zero without a more circular…

TerraCycle launches new direct-to-consumer bags for hard-to-recycle plastics

Through the ‘Zero Waste Bag’ scheme, customers can order a bag online, fill it with items that cannot be collected at kerbside by their councils, and return it for recycling…

EU’s textile waste plan ‘overlooks crucial challenges’, green groups warn

…establishing EPR schemes might not be enough to tackle the issue. Zero Waste Europe welcomed the increased accountability placed on producers but warned about a long transition period in the…

Nottingham University Hospitals NHS Trust: A multi-million-pound geothermal heating and cooling system

…stated that the project is “hugely important” to the delivery of the Trust’s net-zero plan, which feeds into the broader NHS England net-zero trajectory. Business benefits As noted above, Nottingham…

British Geological Survey: Geothermal Heat Pump Project

At a glance: Who: British Geological Survey (BGS) What: Geothermal heat pump project Where: BGS headquarters in Nottinghamshire, UK Why: To decarbonise operations, reduce heating bills and advance net-zero ambitions…

Local opposition forces relocation of UK’s hydrogen village trials

…hydrogen village trial. “Discussions with Northern Gas Networks [regarding] Redcar are ongoing and we’ll announce [the] next steps shortly.” The trials will impact around 2,000 homes, which will see their…

Scottish wind turbine recycling and Nissan’s EV pledge: The sustainability success stories of the week

…in Austria further supports our 2040 net-zero goal.” MOBILITY: Nissan pledges fully electric portfolio by 2030 for Europe Carmaker Nissan has this week unveiled a goal to only sell electric…