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Intent instead of action: Why businesses need to watch out for the net-zero trap

…the same way that a child dressing up as a web-slinging superhero for one night does not make them part of the Avengers, a commitment to net-zero does not account…

‘Major breakthrough’: COP28 opens with loss and damage funding agreement

…not just be repackaged commitments. We need new money, in the form of grants, not loans, otherwise it will just pile more debt onto some of the poorest countries in…

Bloomberg and Macron unveil global database for corporate net-zero targets

…scale-up of private financial flows towards investments that contribute to the net-zero objective. It is now already possible to compare climate commitments of 400 companies, and many more will come…

$57bn in climate finance and carbon credit controversies: The 7 biggest stories from 4 December at COP28

…and report the role of renewables in boosting nature. “Tripling global renewable energy capacity by 2030 is the most impactful commitment governments can undertake to achieve a 1.5°C pathway,” said…

Alok Sharma says COP28 agreement on fossil fuel phase-out is ‘vital’

…COP28, more than 110 nations signed on to a new ‘Global Decarbonisation Accelerator’ pledge. This includes commitments to triple the world’s installed renewable energy generation capacity by 2030 and to…

‘Later is too late’: Hundreds of businesses and climate leaders call for COP28 to put 1.5C back on track

…signed up to a commitment to keep the 1.5C pathway of the Paris Agreement alive through the tripling target. Additionally, the signatories want an “enabling environment” set up through policies…

Utilities for Net-Zero Alliance: Businesses unite behind new energy transition action plan

…delivery of the action plan during COP28 and beyond and invite utilities worldwide to join this community and demonstrate a commitment to action.” Tackling the major challenges The members of…

UK fleshes out anti-deforestation laws for supply chains, publishes domestic nature conservation plans

…Defra has published a roadmap for delivering its so-called ’30 by 30’ commitment in England. This commitment, made under the UN’s biodiversity treaty, involves the UK setting aside 30% of…

COP28: ‘Time for maximum ambition’, UN chief says as talks enter final hours

commitment to tackle operational emissions with a focus on methane. Critics have noted that the commitment excludes 95% of the sector’s footprint, which lies in the burning of its fuels….

COP28: Green economy leaders react to ‘dangerously naïve and weak’ draft text on 11 December

…troubling lack of leadership, has notably weakened commitments to phasing out fossil fuels and promoting renewables. “By framing actions as ‘could’ instead of ‘shall,’ and with weak language on short-term…

COP28: Final deal struck without objections, but no fossil fuel phase-out or phase-down

…1.5C pathways”. “Calling upon” is not particularly strong language in UN terms. It indicates a voluntary but encouraged commitment. Most items on the menu have no timeframe, except trebling renewable…

From the Net-Zero Review to growing greenwashing fears: The top sustainability stories of 2023 (part one)

…Improvement Plan. This was sold as Our other best-read stories concerned “climate quitting”, with one-fifth of British workers avoiding roles at companies with poor ESG commitments, and the ever-evolving nature…

Pressing challenges: What should sustainability professionals set as their New Year’s Resolution?

…action – there are plenty of goals to be set and achieved in 2024. With this in mind, here is a selection of the commitments sustainability professionals can make in…

Coca-Cola bottler unveils cleantech entrepreneurship programme to combat water scarcity

…of the world, we have a responsibility to think innovatively about how we respond to this issue. “The launch of this project reflects our ongoing commitment to water stewardship, and…

‘Age of the CFO’: Why finance officers are key to sustainability success

…underscores the crucial importance of ESG reporting that stakeholders can trust, considering it as merely the starting point. The report emphasises a broader opportunity stemming from the finance leaders’ commitment

Conservative MPs push UK’s controversial oil and gas expansion law past first hurdle

…partners question the seriousness with which we take our international commitments. “I do not believe, and it pains me to say this, that this Bill will advance that [COP28] commitment

Dunelm forges ahead with onsite solar projects at stores and offices

…electricity. Dunelm’s property director Steve Barton said: “We’re very proud to be stepping up the solar panel roll-out across our sites. It’s just one part of our commitment to reducing…

Amazon inks clean power deal with Scottish windfarm

…is one of the most impactful ways to lower carbon emissions, and is part of our Climate Pledge commitment to reach net zero carbon across our operations by 2040,” Amazon…

Why are consumer goods giants using more plastic, less efficiently?

Late last year, the Ellen MacArthur Foundation revealed that signatories of its Global Commitment, who collectively represent one-fifth of the global plastic packaging industry in terms of material use, had…

Manchester’s new ‘green’ office and an F1 net-zero pledge: The sustainability success stories of the week

…forward in our commitment to sustainable clean energy. The collaboration… underscores our shared dedication to fostering Greece’s energy transition.” RESOURCES: New Balance adds shoe resale platform to US website More…