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Management

SBTi: Companies setting science-based climate goals now make up third of global economy

Management

SBTi: Companies setting science-based climate goals now make up third of global economy

The corporate climate target standards body reveals 87 per cent increase in number of firms worldwide setting science-based targets last year, with second highest number based in UK

clock 17 August 2023 • 3 min read
Dr David Pugh: 'There are no competitors when it comes to sustainability - and it's not a market'

Management

Dr David Pugh: 'There are no competitors when it comes to sustainability - and it's not a market'

The Digital Catapult’s head of sustainability, Dr David Pugh, reflects on learning the green ropes as a teen working in Marks & Spencer and the importance of commercialising the ‘twin transition’

clock 15 August 2023 • 6 min read
'Wake-up call': How 'vicious' Mediterranean weather events threaten a quarter of UK food imports

Risk

'Wake-up call': How 'vicious' Mediterranean weather events threaten a quarter of UK food imports

Region 'ravaged' by heatwaves, wildfires and drought this summer provided just over £16bn worth of UK food imports last year, prompting growing concerns for food security

clock 14 August 2023 • 5 min read
Blue-chip bosses call on UK trade groups to establish sector-based net zero plans

Management

Blue-chip bosses call on UK trade groups to establish sector-based net zero plans

Net Zero Council calls on sectors of UK economy to start delivering climate plans as government launches new business climate hub website

clock 14 August 2023 • 4 min read
'Climate change is wreaking havoc': NFU calls for UK food security target amid severe global challenges

Supply chain

'Climate change is wreaking havoc': NFU calls for UK food security target amid severe global challenges

National Farmers Union calls for legal target to ensure at least 60 per cent of food consumed in the UK is homegrown

clock 11 August 2023 • 4 min read
Tesco touts 'clear roadmap' to net zero after securing SBTi approval

Management

Tesco touts 'clear roadmap' to net zero after securing SBTi approval

Validated targets include landmark pledge to slash emissions from forests, land and agriculture by 39 per cent by 2032

clock 11 August 2023 • 3 min read
'Carbon Laggards': How two thirds of UK corporate emissions are still not covered by climate targets

Management

'Carbon Laggards': How two thirds of UK corporate emissions are still not covered by climate targets

Major new analysis reveals net zero transition is still being ignored by thousands of companies, while those that embrace decarbonisation are starting to realise substantial financial benefits

clock 10 August 2023 • 6 min read
'High time to invest in more climate adaption': Natural catastrophes cost insurers $50bn in first half of 2023

Management

'High time to invest in more climate adaption': Natural catastrophes cost insurers $50bn in first half of 2023

Severe thunderstorms account for up to 70 per cent of $50bn in natural catastrophe losses in first half of 2023, Swiss Re Institute estimates

clock 10 August 2023 • 2 min read
Drop in the ocean? Shopify-backed project delivers 'first-ever' open ocean carbon removal

Investment

Drop in the ocean? Shopify-backed project delivers 'first-ever' open ocean carbon removal

Running Tide successfully sinks biomass to depths of almost a mile off the coast of Iceland delivering open ocean carbon removal for the first time

clock 09 August 2023 • 3 min read
Research: Pension scheme net zero plans 'dramatically underestimate' climate risks

Risk

Research: Pension scheme net zero plans 'dramatically underestimate' climate risks

University of Exeter report calls for change in the way the UK pensions industry thinks about climate change

clock 09 August 2023 • 2 min read
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