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Nuclear skills taskforce launched as MPs warn that staff base will need to double by 2050
…UK’s nuclear capacity into “specific commitments” that are time-bound and clearly allocated. The Committee accused the Government of having a “wish list” rather than a comprehensive plan for closing the…
‘Dangerous complacency’: Big businesses accused of underestimating plastics-related risks
…additives exposure. “Plastic companies across the value chain are displaying a dangerous complacency to very real, and very material, risks. We call for the capital markets to consider these factors…
FMCG giants accused of greenwashing and urged to improve climate transition plans
…goods companies demonstrates a worrying trend of companies failing to effectively tackle direct Scope 3 emissions, especially upstream, which if not mitigated soon could cost billions of dollars in the…
Digitisation is the key to navigating economic uncertainty
For many companies, taking the first steps on a digital transformation journey can be a daunting prospect. Overwhelmed by large upfront costs, complex implementation and a demand for new skills…
Fossil fuel finance and corporate inaction: Why are we still failing on SDG 13?
…fossil fuel producers than to renewables, according to research commissioned by the Liberal Democrats. During this period, renewable energy received £60bn in support, while fossil fuel companies were granted nearly…
Seagrass-planting robots and AI to track pollen: The best green innovations of September 2023
…Wonder have created a coffee made from non-tropically grown natural ingredients. Using combinations of roasted cereals, roots, fruits, and legumes, the company produces both caffeinated and non-caffeinated versions of its…
Expected drop in oil and gas demand could blindside North Sea investors, Carbon Tracker warns
…of the companies would see a drop of at least 63% in aggregate cash flows from existing oil and gas assets compared with their expectations. “Companies are chasing marginal, more…
Report: Half of major apparel brands fail to disclose water risks
…and ESG reports, transcripts from company presentations, earnings calls and shareholder meetings, only 10% of the documents included water risk-related disclosures. A common theme across all company types in water-related…
Shareholder activism on ESG lagging in Europe despite global increase
…the number of resolutions filed. 982 companies were subject to campaigns last year – a 4.6% increase on 2022 levels. The uplift was most pronounced in the USA. 550 companies…
‘Carbon Majors’: World’s biggest emitters grew their carbon footprint since Paris Agreement, study finds
…of these firms increased their fossil fuel or cement production in this period. 65% of the state-owned companies and 55% of the investor-owned companies showed higher production in 2016–2022 than…
Concerns mount over loopholes in corporate climate strategies
…emissions by between 5% and 20% this decade. Companies in this cohort include Uniqlo’s parent company Fast Retailing, the Korea Electric Power Corporation (KEPCO), Duke Energy and Walmart. This is…
Engagement Week: edie kicks off week of sustainability communications and disclosure content
…and CSR professionals in getting to grips with the everchanging sustainability reporting landscape and drive stakeholder engagement through captivating communications. The way sustainability and net-zero progress is reported and communicated…
Germany launches €50bn ‘climate contracts’ for high-carbon sectors
…CO2 price that would allow them to develop clean production while remaining competitive against rival companies running on fossil fuels. A steelmaker switching to green hydrogen, for instance, may require…
Why business energy companies should face the communications gap head on
Kate Garratt, Director of Client Services, at The Marketing Pod, discusses the communications gap between business energy companies and their customers, and sets out steps those companies can take to…
‘We’re sorry’: Water companies pledge £10bn to address sewage spills
…Shareholders will initially fund the investments. Private water companies in the UK paid out more than £1.4bn in dividends in 2022, almost three times the amount compared to the previous…
TCFD: Most companies now reporting climate risk in some way
…technology, media and consumer goods sectors. The average listed company is now reporting in line with 5.3 of the 11 components of the TCFD’s framework. TCFD chair Michael Bloomberg said…
UK Government not serious about closing EV Gigafactory gap, MPs worry
The Committee published its first report of session 2023–24, ‘Batteries for electric vehicle manufacturing’, on 21 November 2023. In the report, the Committee laid out seven clear tests for the…
Shell shareholders reject calls to up climate targets as protestors disrupt AGM
…resolution commits Shell to reduce absolute emissions from its operations and the energy it uses by 50% by 2030, compared with 2016 on a net basis. Nest has voiced support…
CDP: Only a handful of FTSE 100 firms prepared for climate transition plan mandate
…the 18,600+ companies who disclose climate-related information through CDP. Collectively, these businesses account for 16% of annual global emissions. The majority of the FTSE100 and S&P 500 are included in…
Mitie turns 50% of fleet electric
…its business. In 2019, the company pledged to electrify at least one-fifth of its 3,500-vehicle portfolio by 2020, as part of its overall goal of achieving complete fleet electrification by…
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