Accelerating growth of wind and solar PV while increasing electrification and encouraging uptake of low-emissions transport are vital areas for country’s energy transition Estonia’s ambitious targets for a climate neutral economy by 2050 highlight the country’s commitment to the energy transition, but a quicker phase out of oil shale use in electricity generation and streamlining […]

Record levels of heat-trapping gases mean further temperature increase Carbon budget is shrinking fast Climate change impacts include more extreme weather, sea level rise Global Greenhouse Gas Watch will support climate action The abundance of heat-trapping greenhouse gases in the atmosphere once again reached a new record last year and there is no end in […]

Shanghai Electric announced to ink the “Carbon & Digital” Joint Laboratory Strategic Cooperation Agreement with Johnson Controls Inc. (Johnson Controls) during the China International Import Expo (CIIE) 2023, a move that will strengthen the pair’s synergy as they endeavor to fuel innovation for urban sustainability. The partnership, with its focus on expediting the development of […]

A major new report published finds that governments plan to produce around 110% more fossil fuels in 2030 than would be consistent with limiting warming to 1.5°C, and 69% more than would be consistent with 2°C. This comes despite 151 national governments having pledged to achieve net-zero emissions and the latest forecasts which suggest global coal, oil, and gas demand will peak this decade, […]

Partnership between social impact companies United Repair Centre and Fashion-Enter with Patagonia makes it easy for clothing brands to join the repair movement The United Repair Centre London (URC London) has opened in Haringey. The new centre is the result of a collaboration between social impact companies United Repair Centre and Fashion-Enter, with outdoor clothing […]

2023 has been a tough year for the beleaguered abbreviation ESG, with a global backlash against the term and money pouring out of ESG funds, three headlines this week highlighted ESG’s rough patch: FT: “ESG is beyond redemption: may it RIP” NYT: “Is ESG Falling Out of Favor?” CNN: “ESG investing is dying on Wall […]

Rolls-Royce announced the successful completion of a series of tests with 100% Sustainable Aviation Fuel (SAF) on its latest generation of business aviation engines, the Pearl 15 and the Pearl 10X. The Pearl 15, the first member of the Pearl engine family, powers Bombardier’s Global 5500 and 6500 aircraft, while the Pearl 10X will power […]

Howden announces the creation of Howden Climate Parametrics, a global practice that brings together (re)insurance, climate, and data expertise to focus parametric risk transfer solutions on meeting the escalating demand for climate de-risking capabilities across industries, financial markets and public sector.  The practice brings together over 30 specialists from across Howden and the Group’s underwriting […]

Mercedes-Benz signs an agreement with Steel Dynamics, Inc. (SDI) to source more than 50,000 tonnes of CO2-reduced steel annually for its plant in Tuscaloosa, Alabama, marking another crucial milestone towards decarbonizing its global steel supply chain. SDI steel will be made using an electric arc furnace (EAF) and will use electricity from 100% renewable sources. With […]

Hilton to Install Up to 20,000 Tesla Universal Wall Connectors at 2,000 Hotels, Creating Largest Overnight Electric Vehicle Charging Network within Hospitality Industry. Plan dramatically accelerates ability to meet growing demand for overnight Electric Vehicle charging during hotel stays Through an expanded agreement with Tesla, Hilton today announced that, beginning in early 2024, up to […]