Daily Insights

Ferrero Group, the confectionery giant which owns Nutella, has launched a new Palm Oil Charter featuring commitments to regenerate biodiversity and water systems.

Heathrow has incorporated aviation fuel made from waste oils and fats for the first time, as the UK’s largest airport seeks to establish proof of concept for the widescale use of Sustainable Aviation Fuels (SAFs) in a bid to reduce emissions from flights.

Building materials and design giant Kingspan has signed for a new $700m revolving credit facility with interest rates linked to environmental targets.

Six leading lenders to the steel industry – ING, Citi, Goldman Sachs, Societe Generale, Standard Chartered and UniCredited – Have created a new working group focusing on decarbonisation.

Nissan has confirmed a new £52m investment into its Sunderland facility that will enable the use of recycled and lightweight aluminium for the production of Qashqai vehicles to reduce the energy required for material processing.

Mars UK, Mondelez International, Nestle, PepsiCo and Unilever are all supporting a new £1m initiative to improve the recyclability of “flexible” plastic bags, wrappers, films, pouches, packets and sachets.

Multinational food ingredients manufacturer McCormick has confirmed that a new facility in Peterborough looks set to become its first net-zero carbon building.

The UK’s energy networks have jointly pledged a further £300m in funding for low-carbon technologies across 200 projects, including almost 1,800 new ultra-rapid electric vehicle (EV) chargers.

Major international airline Cathay Pacific Group has set a 2050 net-zero target and unveiled a three-pronged delivery strategy, based on energy efficiency, sustainable aviation fuel (SAF) and offsetting.

Plans have been unveiled for Oxford to host what is described as Europe’s most powerful electric vehicle charging hub. Meanwhile, Kent Country Council and Arsenal FC are also celebrating charger installations.

Royal Dutch Shell received overwhelming backing for its own energy transition strategy at its AGM today, but a shareholder resolution that would have forced accelerated climate action did not pass.

Aldi has added collection points for soft and flexible plastics, which most UK councils do not collect from homes, to 20 of its UK stores.

The UK’s major water companies have outlined plans to collectively funnel almost £3bn into environmental projects and sustainable infrastructure and processes, with the support of regulator Ofwat and the UK government.

Over the last 12 months, BT group has reduced the carbon intensity of its operations by 14%, putting the company on course to reach net-zero emissions by 2045, while broadcaster Sky has had carbon reduction targets for its net-zero ambition approved by the Science Based Targets initiative.

The average running shoe has a carbon footprint of 13.6kg of CO2e. Following months of collaboration, Adidas and Allbirds have unveiled a prototype pair with a footprint of less than 3kg.

Environmental campaigners have launched a legal challenge against the UK Government, arguing that its continued support for expanding oil and gas production in the North Sea is incompatible with its climate laws and commitment to ‘levelling up’.

According to a new paper from the Department of business, Energy and Industrial strategy (BEIS), the UK’s carbon capture, usage and storage (CCUS) sector could scale rapidly to support 50,000 jobs by mid-century.

More than 99% of Unilevers shareholders have voted in favour of its plans to become a net-zero business by 2039, the FMCG giant stated. Halving the impact of products, including their supply chain impacts, by 2030, will be the result of these actions.

Despite continued campaigning from non-profits, activists and investors, Barclays’ shareholders have rejected a proposal that would require the bank to reduce fossil fuel finance on climate grounds.

Despite continued campaigning from non-profits, activists and investors. Barclays’ shareholders have rejected a proposal that would require the bank to reduce fossil fuel finance on climate grounds.

Following a string of Covid-19 related delays, Ikea has launched its long-awaited buy-back scheme for furniture across its UK stores.