How America’s biggest climate bill will change corporate procurements

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Tesco and Renault launch fully electric deliveries to city-centre stores

Supermarket Tesco has this week debuted a new zero-emission electric lorry to make deliveries from its distribution centers to stores in city centres, which the retailer said could replace 30,000 diesel-fuelled road miles with clean energy each year. The supermarket said the electrically-powered lorry, which has been made by Renault Trucks and is known as … Read more

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

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

‘This is a BFD’: Senate passes landmark climate bill that promises to slash emissions by 2030

The US Senate yesterday broke decades of Congressional deadlock to pass sweeping climate legislation, which promises to turbocharge the deployment of clean and low carbon infrastructure levels across the US and deliver a 40 per cent reduction in the country’s greenhouse gas emissions against 2005 by 2030. Following months of tense internal wrangling and a … Read more

Community Forests: Government announces £44m boost for tree-planting ambitions

The government announced a major boost to its plans to significantly expand the UK’s forest cover late last week, confirming that £44.2m has been awarded to projects that are set to deliver around 2,300 hectares of new trees – equivalent to around 3,220 football pitches. The awards represent the latest wave of funding from £750m … Read more

‘Grotesque greed’: UN Secretary-General urges governments to tax fossil fuel firms’ ‘excessive’ profits

The UN Secretary-General yesterday urged governments to tax the “excessive profits” of oil and gas firms and use the funds to support vulnerable households struggling with soaring energy and food costs. In the launch of a UN-backed crisis group response focused on tackling sharpening notes food, energy, and financial security risks, Antonio Guterres urged governments, … Read more

Poll: Strong net zero leadership critical for Conservatives at next election

Ditching the UK’s net zero target could risk costing the new Conservative leader the next general election, new polling data released today suggests. A sample survey of 6,500 adults carried out by pollster Public First found that both current Tory voters and possible defectors to the party remain strongly in favor of the UK’s legally … Read more

Heroes or monsters: What's the most compelling story to galvanise climate action?

Fresh research from IPPR sets out how campaigners and businesses can best ring fence climate action from culture war divisions What is the best way to frame discussions about climate change that will be prove most effective at galvanising the public in support of bold action to tackle global emissions? Is it best to focus … Read more

Next Prime Minister to face legal requirement to beef up Net Zero Strategy

As Tory leadership candidates yesterday signaled their support for the UK’s net zero goals, the High Court ruled the government must do more to explain how it intends to decarbonise the economy The in-tray awaiting the next Prime Minister just got even more daunting. Just hours after the candidates to become the next Conservative Party … Read more