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News

90,000 Volkswagen drivers in England and Wales win £193m in 'dieselgate' settlement

Automotive

90,000 Volkswagen drivers in England and Wales win £193m in 'dieselgate' settlement

Class action lawsuit brought by drivers who claimed to have been affected by German car maker's use of illegal emissions-testing software is settled out of court

clock 27 May 2022 • 2 min read
Government taps oil and gas profits to help pay for fresh £15bn energy bills support package

Politics

Government taps oil and gas profits to help pay for fresh £15bn energy bills support package

U-turn will see oil and gas firms to help pay additional 25 per cent windfall tax on profits to help pay for fresh measures to support households with soaring energy bills

clock 26 May 2022 • 8 min read
Royal Mail, Co-op and Marks & Spencer pension schemes target net zero

Investment

Royal Mail, Co-op and Marks & Spencer pension schemes target net zero

British household names commit to halving emissions in their pension portfolios by 2030

clock 26 May 2022 • 2 min read
G7: Coal, energy security and biodiversity top UK agenda for Berlin meeting

Politics

G7: Coal, energy security and biodiversity top UK agenda for Berlin meeting

Environment and energy ministers from world’s leading seven economies meet in Berlin this week to amid pressure to ramp up climate and nature commitments

clock 26 May 2022 • 4 min read
First Movers Coalition targets aluminium and carbon removal as it swells to 50 firms

Technology

First Movers Coalition targets aluminium and carbon removal as it swells to 50 firms

Cross-industry group that aims to bring down costs and commercialise critical decarbonisation technologies welcomes slew of new members at World Economic Forum in Davos

clock 26 May 2022 • 3 min read
'No progress': MPs slam government failure to curb CO2 from construction and demolition of buildings

Buildings

'No progress': MPs slam government failure to curb CO2 from construction and demolition of buildings

Mandatory whole life carbon assessments, dedicated carbon targets for built environment, and policies to incentivise retrofit over new-build constructions among policies recommended by MPs

clock 26 May 2022 • 5 min read
Survey: Three-quarters of UK pension schemes 'making progress' on net zero plans

Investment

Survey: Three-quarters of UK pension schemes 'making progress' on net zero plans

Pensions and Lifetime Savings Association poll finds 74 per cent of schemes have a net zero plan in place, or will do within two years

clock 26 May 2022 • 2 min read
Survey: Impact investing attracting growing interest despite 'greenwashing' concerns

Investment

Survey: Impact investing attracting growing interest despite 'greenwashing' concerns

American Century Investments survey found 63 per cent of UK respondents interested in impact investing, up from 48 per cent in 2020

clock 26 May 2022 • 2 min read
WorldGBC publishes EU roadmap for delivering net zero construction

Buildings

WorldGBC publishes EU roadmap for delivering net zero construction

New report sets out how policymakers could help accelerate the adoption of low carbon building technologies and practices

clock 26 May 2022 • 2 min read
Environment Agency hits firms that have breached climate change schemes with £27m in fines

Policy

Environment Agency hits firms that have breached climate change schemes with £27m in fines

Action against 33 companies across a range of industries 'serves as an important reminder,' agency says

clock 25 May 2022 • 1 min read
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