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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…

‘Culture war’ on low-carbon transport overstated, survey finds

…a significant challenge that decision makers must overcome if transport is to be made to work better for people and play its role on the path to net-zero. Despite how…

BSI AND SPORT INDUSTRY PARTNER IN RACE TOWARDS A SUSTAINABLE FUTURE WITH GREEN SPORT INITIATIVE

…ground in the country to achieve a global standard for sustainable events as its net-zero plans gather pace. The certification was presented during the Go Green Game IT20 between England…

SBTi launches corporate guidance on Scope 3 decarbonisation

…and e-learning and other online-based training such as webinars in order to make engagement continuous in order to drive improvements. SBTi’s chief impact officer Maria Outters said: “Addressing supply chain…

Tesco reveals SBTi-approved pathway to net-zero

Tesco has revealed a set of net-zero targets, approved by the Science Based Targets Initiative (SBTi), in a bid to achieve carbon neutrality within its operations by 2035 and across…

Finance Climate Projects

…scale up near-term climate finance; however, these investments should be in addition to deep emission cuts, not instead of them” (see point 4 in the SBTi Net Zero Standard).  Climate projects…

More UK businesses offered energy bill relief packages

…site with a private network. The new funding is aimed at these businesses – known as Non-Standard Customers – which can now apply to have their bill payments supported from…

TCFD: Most companies now reporting climate risk in some way

…TCFD mandate for the future include New Zealand and Switzerland. ISSB takeover The report will be the last of its kind from the TCFD, as the International Sustainability Standards Board…

After Davos, what’s next for TNFD adoption?

…workshops and more. Experts speaking alongside McKenzie on this year’s packed agenda include: Chris Packham, renowned naturalist and presenter Chris Skidmore MP, author of the Net-Zero Review Claire O’Neill, chair…

Programme to scale corporate science-based targets for nature reaches milestone

…Skidmore MP, author of the Net-Zero Review Claire O’Neill, chair of the WBCSD and former UK Minister for Business, Energy & Industrial Strategy Chris Stark, outgoing CEO of the Climate…

‘Legislation lethargy’: Sustainability professionals struggling with tougher reporting requirements, survey finds

…in the comping years. A key example are the first two standards from the International Sustainability Standards Board (ISSB). Launched last summer, these standards already have the backing of numerous…

A just transition must be central to global plastics treaty negotiations

standards Although a bespoke approach needs to be adopted for each area, we still need a universal set of rigorous standards for every company or organisation involved in the collection…

UK SMEs to receive free support on engaging with energy suppliers

…Ombudsman has the power to order suppliers to provide compensation of up to £10,000 or take action to resolve issues – such as by raising standards for their customers, or…

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)….

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…

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…