Home Depot announces sustainability fixes across its business

US DIY retail giant Home Depot has announced it reduced its combined Scope 1 and 2 direct carbon emissions by approximately 172,000 metric tons in 2021, an achievement it says is equivalent to taking more than 37,000 cars off the road. In its new 2022 ESG Report, published yesterday, the retail giant also revealed it … Read more

Amazon announces $20,000 green grant for sustainable retailers

E-commerce giant Amazon has this week launched a new grant program for ecologically-minded small businesses and retailers in the US. Dubbed Products for Tomorrow, the new initiative is offering grants worth up to $20,000 for brands and businesses with “innovative products that were created with sustainability in mind”. Amazon will offer successful applicants both cash … Read more

Study: Accelerated clean energy transition could slash family energy bills

The family of four in the world’s most developed nations could save $2,000 (£1,574) a year on their energy bills if typical engineer a rapid switch to clean energy sources, a major new report released today suggests. The research – released just days ahead of the G7 leaders’ summit in Berlin – argues that implementing … Read more

Carbon tariffs: Government confirms it is to consult on carbon border adjustment mechanism

The British government is to formally consult on proposals designed to tackle so-called ‘carbon leakage’, as policymakers in the UK, EU, and US step up efforts to stop intensive carbon companies responding to higher carbon prices and tightening climate regulations by relocating to jurisdications with more lax policy regimes. The Environmental Audit Committee (EAC) of … Read more

US presses ahead with plan to invest $3.5bn in four direct air capture hubs

The White House has announced it is to invest $3.5bn in four large-scale direct air capture (DAC) networks, as part of its plans to spur the roll out of the nascent clean technology and put the US on a pathway to reach net zero emissions by mid-century. In a statement late last week, the US … Read more