Intel targets net zero by 2040 for its global operations
Intel has set out a new plan to reduce its value chain footprint and to catalyse industrywide action to address climate change.
IRENA report finds renewables had 80% share of global power capacity expansion in 2021
Renewable energy continued to expand steadily and well above the long-term trend, with share in total capacity expansion reaching new record of 81% last year.
SBTi launches initiative to define net-zero targets for financial institutions
The Science Based Targets initiative (SBTi), the global body enabling businesses to set emissions reduction targets in line with climate science, is publishing a Net-Zero Foundations for Financial Institutions paper.
Honda targets ‘Electric Vision’ for 2022
Honda has unveiled its electric vision for 2022, announcing the 11th-generation Civic which will complete the brand’s commitment to electrify its entire mainstream European automobile range by the end of 2022.
New report finds renewable energy can create three times as many jobs compared to fossil fuels
A new report by UKERC has found that Renewable energy can create three times as many jobs per million pound invested as compared to fossil fuels.
Green aerospace tech lands record funding from UK government
The UK’s aerospace technology research programme will receive a record £685 million of government funding over the next 3 years to accelerate the net-zero transition.
Wind industry must quadruple by the end of decade to ensure net zero by 2050
Record years for several regions and offshore wind reflect strong market growth, but installations must still quadruple by the end of the decade to meet a net zero pathway.
UK Government unveils £375m investment for innovative energy technologies
The UK Government has announced a £375 million package of support for innovative energy technologies that will power British homes and businesses for decades to come.
Environmental Audit Committee calls on UK to develop plans for a carbon border adjustment mechanism
The UK Government should develop plans for a carbon border adjustment mechanism (CBAM) to address carbon leakage as the date to achieve net zero emissions gets closer.
IPCC Report: We can halve emissions by 2030, but the time for action is now
We already have the tools and know-how required to limit warming and halve emissions by 2030, finds new IPCC report.
Qantas zeros in on emissions with interim target
The Qantas Group has outlined the specific steps it is taking to achieve net zero emissions by 2050, including an interim target to reduce carbon emissions by 25 per cent by 2030.
UK on track to reach 4,000 zero emission bus pledge with £200 million boost
Multimillion-pound package from UK Government to deliver huge fleet of electric and hydrogen powered buses across England.
UN to push business and investors to ‘walk the talk’ on net-zero pledges by launching Expert Group
UN Secretary-General António Guterres has launched an Expert Group to develop stronger and clearer standards for net-zero emissions pledges by non-State entities including businesses, investors, cities and regions – and speed up their implementation.
Alok Sharma calls for net zero commitments to be honoured to secure ‘fragile win’ at COP26
Writing for the IPPR Progressive Review journal, the cabinet member and President of COP26 Alok Sharma has called on all countries to “honour their commitments and take rapid action” to tackle the climate crisis and achieve net zero.
Scottish Widows doubles divestment from firms posing ESG risk to £3bn
Scottish Widows have announced another £1.5 billion worth of divestments in a major new update to its exclusions policy, which contains a flagship commitment to divest from tobacco firms.
Research finds 9 out of 10 SMEs don’t know business carbon emissions
NatWest Group research has revealed that 87% of UK SMEs are unaware of their business’s total carbon emissions, despite good intentions - with almost half (45%) of UK SMEs recognising it is important to lower their emissions in the near future.