Study: Major firms may be performing worse than they think against net zero goals

A global team of academics claims to have developed a more accurate model to measure businesses’ progress against the climate goals set out by the Paris Agreement, having today released the findings of a pilot study revealing how major corporates may be performing worse than they think against their net zero targets. Published today in … Read more

BusinessGreen webinar: What a flexible grid will mean for you and your business

Hosted in partnership with the Energy Networks Association, our webinar in 2 weeks time will bring together a panel of experts to discuss what a smarter, flexible grid will mean for you and your business. A smarter, more flexible grid is the beating heart of the net zero transition. The event will bring together stakeholders … Read more

Liz Truss renews attacks on solar farms, vowing to free fields from ‘paraphernalia’

Liz Truss has doubled down on her criticism of solar developments in the UK, vowing that she would stop people from “filling fields with paraphernalia like solar farms” and ensure farmland is instead used for crops and livestock. Speaking at a hustings event in Darlington yesterday, the favorite to succeed Boris Johnson as prime minister … Read more

ECIU: Poorly insulated homes set to pay £1,000 more on gas bills this winter

Poorly insulated homes could have a gas bill that is £968 higher than homes which have a better Energy Performance Certificate (EPC) rating this winter, according to a new analysis by the Energy and Climate Intelligence Unit (ECIU). With the dual fuel price cap forecast to reach £3,958 this winter, the ECIU found that homes … Read more

Estée Lauder commits to full corporate fleet EV transition by 2030

Global cosmetics giant The Estée Lauder Companies (ELC) has joined the Climate Group’s EV100 initiative, pledging to switch its entire global fleet of vehicles to electric models by 2030. ELC is the first global beauty brand to join The Climate Group’s EV100 initiative, which brings together companies that committed to accelerating the transition to electric … Read more

Ørsted extends 100 per cent renewable electricity target to all suppliers

European green energy giant Ørsted has set new expectations for all its suppliers to use 100 per cent renewable electricity by 2025, a move which it has said makes it the first energy company in the world to impose such requirements on its supply chain. In an announcement this morning, the company revealed it is … Read more

Network Rail alights on new solar deal with EDF Renewables

Network Rail has this morning announced that it has signed a new solar power deal with EDF Renewables UK, which will provide 49.9MW of renewable energy to power offices, depots, and railway stations across the country. The agreement is set to cover around 15 per cent of Network Rail’s annual consumption of non-traction energy. The … Read more

GFANZ launches consultation on beefed up net zero portfolio guidelines

The Glasgow Financial Alliance for Net Zero (GFANZ) has today published a major new report setting out guidance on how to measure emissions from investment portfolios and ensure they are credibly aligned with climate goals. The group – which includes over 450 of the world’s largest financial firms that together boast $130tr of assets under … Read more

CBI urges government to end ‘power vacuum’, fast track wind farm approvals

CBI Director-General Tony Danker has become the latest high-profile figure to call on the government to end the “August power vacuum” in Downing Street and take urgent steps to address looming energy price rises that are poised to plunge the UK into recession this autumn. With Prime Minister Boris Johnson on holiday, Number 10 has … Read more