Government slammed over lack of climate change plan March 5, 2021 Two government committees have hit out at the government over a lack of detail in its climate change plans ahead of this year’s COP26 conference. In a new report released today, the influential Public Accounts Committee (PAC) said that two years on from fixing its net zero target in law, the government had “no plan” [...]
Vodafone: We need to focus on the tech we already have to tackle climate change rather than gambling our future on innovation September 14, 2021 The United Nations Climate Change conference – better known as COP26 – has forced us all to keep climate change at the front of mind. The world is awash with public and corporate pledges to be net zero. But in order to do this in a fair and equitable way, there will need to be [...]
Climate change remains top priority at LGIM as it piles pressure on boards March 31, 2021 Legal & General Investment Management (LGIM) increased its company engagements last year amid the pandemic and the looming threat of climate change, it said today. The asset manager’s Active Ownership report published today reveals engagements jumped 21 per cent and LGIM opposed the election of more than 4,700 company directors. There was a significant [...]
Green investment surges as UK bosses sound alarm on climate change March 25, 2021 The majority of UK bosses intend to increase their long-term investments in sustainability initiatives as they grow concerned about the impact of climate change. A PwC survey of UK chief executives reveals 70 per cent are concerned about the impact of climate change, with almost a third “extremely concerned” about the issue. But climate change [...]
Why climate change is creating a 1929 moment January 15, 2021 The battle against Covid-19 has been brutal, inflicting a terrible cost on society. But it will be overcome; scientific endeavour will prevail. Looking decades ahead, my greater concern is climate change. By 2050 we may find the effects of the pandemic will be dwarfed by the consequences of unchecked global warming. The future actions of [...]
Tech titans club together to launch climate change taskforce March 1, 2021 Some of the UK’s largest tech firms are set to create a taskforce to tackle climate change with commitments to reach net zero and boost green investment. The fifteen companies will work alongside the government’s sustainable business council to help with the move The “Tech Zero taskforce” includes leaders of allplants, Bulb, Babylon, Citymapper, Faculty, [...]
City leaders are constantly proposing ‘green initiatives’ but is the Square Mile really doing everything it can for climate change? July 2, 2021 During London Climate Action Week, a series of sustainability initiatives are capturing airtime. The City of London’s ‘Climate Action Strategy’ aims to make the Square Mile net-zero in its carbon emissions by 2040. A group of law firms has adopted a ‘greener litigation pledge’. And financial services, which form the backbone of the City, are keen to [...]
The greatest space mission will be tackling climate change and protecting our planet March 21, 2021 Efforts around the world are focused on making businesses more sustainable, with ever greater emphasis on innovative technology to help solve the climate crisis we face. There was a dearth of climate-related announcements in Rishi Sunak’s Budget speech earlier this month. Sunak did, however, reiterate the Government’s plan to establish the UK as a “science [...]
Biden sets aside $14bn to fight climate change in 2022 budget April 9, 2021 President Joe Biden has proposed $14bn in spending on initiatives to fight climate change in the 2022 budget, including large cash injections for environmental regulation and science research. The proposal underscores the administration’s ambitions to decarbonising the economy by 2050 to stem global warming, reversing a policy direction set by former President Donald Trump to slash red [...]
Top investors call on government to boost female climate fight as Cop27 begins November 7, 2022 A group of top investors including Aviva and Legal & General Investment Management have called on governments to ramp up climate action today by enshrining the role of women within the fight against climate change.