Brits want country to focus on renewables before space travel
43% of British consumers care more about technology that can reduce carbon emissions and remove plastics from the oceans, than space travel or house robots. The findings, from research conducted by Expleo, come as the UK government is under pressure to embrace a ‘green’ recovery post-COVID. The report, which surveyed 2,000 UK adults, suggested that […]
Europe bets on green deal to drive Covid-19 recovery
By Indranil Ghosh, Founder, Tiger Hill Capital The European Green Deal has always been a highly ambitious plan that targets a 50-55% reduction in EU CO2 emissions by 2030 and carbon neutrality for the region by 2050. But now that it’s become the centerpiece of the EU’s Covid-19 Recovery Plan, 25% of the total 2021-27 […]
Revealed: Companies committed to reducing their carbon footprints
The impact of climate change continues to be in the news – e.g. rising sea levels and erratic weather patterns, both of which constitute a danger to humans and wildlife. Thankfully, a strategy is now in place to reverse the effects of climate change and restore harmony to the planet. Back in June 2019, the […]
UK government pumps £350 million into ‘green recovery’
UK industry will receive around £350 million to cut down carbon emissions under new plans to step up efforts to tackle climate change. The multimillion pound investment package will build on progress towards the UK’s target to reach net zero by 2050, by helping businesses to decarbonise across the heavy industry, construction, space and transport […]
Lowering carbon emissions ‘will help boost business post-COVID-19’
Companies globally have been forced to take extreme measures to change the way they operate during the global COVID-19 outbreak, and this has been estimated to have reduced carbon emissions by up to a quarter by some instances. However, a new report from Emitwise claims it is possible to maintain these lower carbon emissions while also […]
IT sustainability ‘being ignored by business’
Only 28% of managerial knowledge workers in large UK businesses consider information technology (IT) sustainability to be a top priority for their business beyond mandatory reporting and regulatory requirements. That’s according to research from Citrix, which also highlights somewhat encouragingly that the majority of large UK businesses (60%) have a specific corporate social responsibility (CSR) […]
Netherlands praised for green energy policies
The 2020 Sustainable Energy Production (SDE+) plan in The Netherlands’ spring budget will make its CO2 reduction target feasible and affordable, say analysts at GlobalData. The Dutch Government plans to double the green energy subsidies to €4bn in 2020, from a previously planned €2bn, to meet its promise to cut CO2 emissions. The Dutch Climate […]
Tourism transport will account for 5.3% of emissions by 2030
Transport-related emissions from tourism are expected to account for 5.3% of all man-made CO2 emissions by 2030, up from 5% in 2016. That’s according to a report from the World Tourism Organization (UNWTO) and the International Transport Forum (ITF), which also says at the same time, as tourist numbers rise and the sector makes progress […]
New Net-Zero Assets Alliance signatories push initiative to $3.9 trillion
AXA, Aviva, CNP Assurances and Fonds de Réserve pour les Retraites (FRR) have joined the UN-convened Net-Zero Asset Owner Alliance, raising total assets under management targeting carbon neutrality by 2050 to more than $3.9 trillion. The Alliance is a group of the world’s largest pension funds and insurers committing to fully decarbonise their portfolios to avoid a […]
Big business seeks to assert clean energy needs
A group described as featuring the world’s most influential companies says it’s actively engaging with policy makers and utilities to accelerate the transition to renewable energy – but it is calling on governments to remove the remaining barriers. Going 100% renewable: how companies are demanding a faster market response is the 2019 RE100 Progress and Insights Annual Report from […]