A boost for wind energy – an integral part of UK’s net-zero plan
The UK’s offshore wind industry is taking new strides in energy innovation as Siemens Gamesa and GRI Renewable Industries expands its production in the north-east.
BP announces project for blue hydrogen production facility to be completed by 2030
BP has announced that the clean hydrogen facility in Teesside (H2Teesside) will be completed by 2030.
IPCC: Human influence has warmed climate at ‘unprecedented’ rate
In a new landmark report, the IPCC has found that human-induced climate change is already affecting many weather and climate extremes in every region across the globe.
UK Government challenges investors to create an ‘Investment Big Bang’ for a green recovery
The Prime Minister and Chancellor believe that now is the time to unlock the hundreds of billions of pounds sitting in UK institutional investors and help drive the UK’s green recovery from the pandemic.
The finance sector, COP26 and building a connected global green economy
They say money makes the world go round. With COP26 on the horizon, that well-known saying has added currency. But how will the UK’s financial sector be playing its part? Gina V Hall, the Carbon Trust’s Investment Director and Global Head of Sustainable Finance, investigates…
DHL announces order of first-ever all-electric cargo planes
DHL announces order of first-ever all electric cargo planes from global manufacturer Eviation.
UNFCCC: Just over half of countries signed up to Paris Agreement submit NDCs before deadline
This week marked the cut-off date for the submission of new or updated nationally determined contributions (NDCs) to be included in a UNFCCC synthesis report that will be issued later this year, ahead of COP26.
NatWest Group surpasses climate and sustainable funding and financing target
NatWest Group has completed £9.5 billion worth of climate and sustainable funding in the first half of 2021, exceeding its target of £20 billion in 2020-2021 six months early.
ESG Insights from Alternative Data: Lessons from Seneca ESG & Eagle Alpha Hackathon
Seneca ESG led Team Stoics in the third Eagle Alpha Data Hackathon in May 2021. As more corporations and funds commit to a net-zero economy and investment strategies, the Eagle Alpha Data Hackathon posed the challenge of how investors may get reliable ESG ratings free of greenwashing, social washing and huge gaps in governance reporting.
Climate countdown: Listed companies are running out of time
A new report from MSCI tracks quarterly progress toward global climate goals.
ESG Remains Top Priority for Investors, Companies
Financial markets are increasingly turning their attention towards Environmental, Social and Governance (ESG), as sustainability efforts become a top priority among regulators, asset owners, investors and companies alike.
Index Insights: Sustainability in the UK
Natural resources companies are prominent constituents of the FTSE UK Index, resulting in a relatively high carbon emissions and carbon reserves intensity score for the index. At the same time, the UK index has a fairly high ESG rating overall, with very few stocks averaging a higher ESG rating and low carbon emissions intensity at the same time.
Major global initiative to bring rigour and transparency to net zero and carbon neutral claims
A significant new initiative will focus on improving the integrity of voluntary carbon markets to help ensure they play a credible role in keeping global warming to 1.5C.
EDF and Nissan launch new commercial V2G service for EV fleets
EDF, through EDF Group subsidiary DREEV, has launched a new commercial charging service using vehicle-to-grid (V2G) technology in the UK, in partnership with Nissan.
Earth Overshoot Day: Innovative solutions key to a sustainable future
Earth Overshoot Day marks the date when humanity’s demand for ecological resources and services in a given year exceeds what Earth can regenerate in that year. In 2021, it falls on Thursday July 29.
UK Landlords call for bespoke financial package to support energy efficiency upgrades
Just five per cent of private rented households have received government help to fund energy efficiency measures despite having the greatest need.