AXA strengthens its support for forest ecosystems by launching the Forests for Good programme
AXA today announced the launch of the Forests for Good program to help restore damaged forest ecosystems and make them more resilient to climate change.
Here Comes the Cavalry
Oil Supermajors Make Big Commitments to Green Hydrogen
Compass Group issues first Sustainable Bonds to support net zero ambitions
Compass Group has successfully issued two Sustainable Bonds, raising proceeds of €500m and £250m respectively, which will be used to progress the Group’s sustainability initiatives and the delivery of its global Climate Net Zero target.
Negative SDG contribution data now available from SDI AOP platform
The Sustainable Development Investments Asset Owner Platform (SDI AOP) has been expanded to include information on companies’ products and services that are inconsistent with achieving the UN SDGs.
Does the need for energy security challenge the quest for net zero?
The need for renewable energy has never been stronger. Unprecedented volatility in the natural gas market and geopolitical shocks have sent world leaders rushing to diversify their nation’s energy mix and reduce their reliance on gas. With net-zero deadlines also inching closer, governments are keen to fill this supply gap with renewable energy. For that to happen, however, the renewables sector needs emerging technologies and markets to take a major leap forward.
Carbon Markets Recap & Outlook: Everything You Need to Know Now
What a time to be in the carbon markets. As we pass mid-year, the KraneShares Global Carbon Strategy ETF (Ticker: KRBN) celebrates its 2nd anniversary of opening the global carbon markets to investors. In the same week, the US Senate has just worked out an epic $369bn climate and energy deal. The Inflation Reduction Act of 2022 marks a continued acceleration towards decarbonization and tightening efforts around emissions. At this pivotal moment for carbon markets, I see a material opportunity ahead and some misunderstandings too.
Energy UK backs scheme to reduce power costs
Energy UK is backing a plan which could cut bills for households and non-domestic customers by reducing the costs paid to low carbon electricity generators.
Out of control energy bills are now business threatening for 60% of manufacturers
Make UK say that the Government must immediately scrap the Carbon Price Support – a levy only UK businesses pay and look at introducing an Industry Price Cap to freeze energy bills at an agreed rate.
Diageo launches innovation fund to help mitigate climate change in smallholder farms in Africa
Diageo announces £450k of funding for three innovations intended to lessen and monitor the impact of water and climate crises on smallholder farms in Africa.
UK Government unveils Zero Innovation Handbook
Launched in Sydney by the UK’s International Trade Secretary, the UK Government, in partnership with PwC and Tech Nation, is publishing its Net Zero Innovation Handbook.
Octopus Energy renewables fund makes first investment to develop green energy & UK’s largest battery
Octopus Energy Group launches its new renewables fund Octopus Energy Development Partnership (OEDP). It comes as the fund makes its debut investment in renewables developer Exagen to build new green energy and rapidly grow the UK’s energy storage capacity.
RSPB warns of nature disaster if UK Government fail on vital laws protecting wildlife
The RSPB has weighed in to the Tory leadership contest saying that the anti-regulation rhetoric that has characterised the debates is nonsense when it comes to protecting nature.
WTW’s David Nelson on managing a portfolio’s climate transition risk with a forward-looking focus
Climate Transition Value at Risk (CTVaR), a measure that seeks to grasp how companies are susceptible to losses and gains in revenue and asset values as the global economy moves to a net-zero scenario, can help investors to manage transition risk in a completely different way.
Oil companies’ decarbonisation scenarios inconsistent with the Paris Agreement, finds new report
A new study by Climate Analytics finds institutional decarbonisation scenarios from major oil companies' would be classified as inconsistent with the Paris Agreement as they fail to limit warming to ‘well below 2°C’.
M&S teams up with Agrisound to boost pollinator activity on British farms
M&S announces a three-year collaboration with agri-tech start up AgriSound, designed to help farmers better manage pollinators and increase crop yields.
UNFCCC appoints Simon Stiell as new Executive Secretary
UN Secretary-General António Guterres has appointed Simon Stiell as the new Executive Secretary of the United Nations Climate Change Secretariat