Rolls-Royce SMR is setting up multi-million pound facility to produce prototype modules
Rolls-Royce SMR is setting up a £multi-million facility in Sheffield, UK, to manufacture and test prototype modules for its small modular reactors (SMRs).
Demand for business flights falls almost a third as economy moves away from corporate air travel
Analysis of latest data casts further doubt over air industry’s claim that more flying boosts the economy
Risks to the long-term effectiveness of new biodiversity net gain scheme
There are risks to the long-term effectiveness of a new policy to make sure developers in England protect or improve biodiversity on land they are developing, according to a new National Audit Office (NAO) report.
CBI urges UK to utilise tax incentives to outsmart rather than outspend international competition
New research from the CBI recommends that the UK utilise tax incentives to outsmart rather than outspend international competition in high-growth green sectors.
Ocean 14 Capital Fund providing transformative investment for blue economy closes at €200m
Ocean 14 Capital Fund I, focusing exclusively on the multi-trillion-dollar ‘blue economy’, has announced it has closed on €201 million to support its mission of funding sustainable solutions to improve ocean health.
Wet winter could cut UK food self sufficiency by about a tenth
The UK’s ability to feed itself is set to be reduced by nearly a tenth, new analysis by ECIU reveals, as farmers across the country have been hit by one of the wettest winters on record.
Net zero roundtables: Plotting a course towards effective portfolio decarbonisation
As a member of the Net Zero Asset Managers Initiative, J.P. Morgan Asset Management has committed to work with our clients on their decarbonisation goals. We brought a network of our clients together, along with a panel of J.P. Morgan Asset Management experts – including climate research analysts, stewardship specialists, and industry analysts – with the aim of identifying the challenges, and the opportunities, created by portfolio decarbonisation. Here, we share some of the key takeaways.
New research shows heavy industries will be key in keeping a just climate transition on course
With it's first Heavy Industries Benchmark, the World Benchmarking Alliance is calling for the heavy industries to show leadership and take urgent action to support a just, low-carbon future.
Aldi moves to 100% recycled plastic on soft drink and water bottles in UK supermarket first
Aldi is the first supermarket to move to 100% recycled plastic (rPet) for its own-brand soft drinks and bottled water range in England and Wales.
Rapid expansion of batteries will be crucial to meet climate and energy security goals set at COP28
After their deployment in the power sector more than doubled last year, batteries need to lead a sixfold increase in global energy storage to enable the world to meet 2030 targets.
Earth Day: UK-wide ban on wet wipes containing plastic to be put into law
The UK Government will introduce new world-leading legislation to ban wet wipes containing plastic, the Environment Secretary confirms on Earth Day.
Fashion and lifestyle brands unite to protect forests on Earth Day
In celebration of Earth Day, 15 companies have committed to end sourcing from Ancient and Endangered Forests in their textile and packaging supply chains, demonstrating their dedication to people and the planet.
President Biden marks Earth Day with $7bn in grants for key component of Inflation Reduction Act
President Joe Biden to announce $7 billion in awards through EPA’s Solar for All program and unveil major steps to advance the American Climate Corps.
Weather-related insurance claims from UK homes and businesses reaches all time high
Property insurers paid out the equivalent of £13 million every day last year to help homeowners and businesses cope with unexpected and unwanted events like flooding and theft, according to figures published today by the Association of British Insurers.
European court rules climate inaction by governments is a violation of human rights
The European Court of Human Rights has issued its landmark judgment that climate inaction by governments is a violation of human rights.
IETA issues new guidelines on how corporate buyers should consider their use of carbon credits
IETA issues new guidelines on how corporate buyers should consider their use of carbon credits to progress towards the goals of the Paris Agreement.