UK companies are making progress on cutting greenhouse gas emissions, but will need to move faster to meet international climate goals, according to a recently released report. Experts from the University of Exeter and J O Hambro Capital Management (JOHCM) have jointly developed a probabilistic forecasting model, Horizon, which is used to project emissions from UK-listed firms from 2025 to 2050. …
Climeworks Raises $162 Million to Scale Carbon Removal Solutions
Zurich-based Carbon removal solutions provider Climeworks announced today that it has raised $162 million in a new equity funding round, with proceeds from the financing aimed at further developing its direct air capture (DAC) technology to reduce the cost of removals, and to expand its carbon removal portfolio service. Founded in 2009 by Christoph Gebald and Jan Wurzbacher, Climeworks provides…
LCAW: Sustainable investors welcome plans to ‘future-proof’ UK economy
The sustainable investment industry has said the UK has an opportunity to regain its position as a leader in transition planning, following a string of announcements at London Climate Action Week. Last week, the government published three consultations on the topic of sustainability disclosures. These include: A consultation on adopting the International Financial Reporting Standards (IFRS) sustainability reporting standards to create UK Sustainability Reporting…
LCAW: Sustainable investors welcome plans to ‘future-proof’ UK economy
The sustainable investment industry has said the UK has an opportunity to regain its position as a leader in transition planning, following a string of announcements at London Climate Action Week. Last week, the government published three consultations on the topic of sustainability disclosures. These include: A consultation on adopting the International Financial Reporting Standards (IFRS) sustainability reporting standards to create UK Sustainability Reporting…
ESG myth and reality in real estate
Political myths That ESG is wrapped up in modern culture wars is no myth. Back in 2023, a Republican Congresswoman from Texas, said: “ESG is a form of virtue signalling where companies can proclaim how enlightened they are based on their environmental, social, or corporate governance actions … ” …continuing in the same vein. But such detractors aren’t really talking…
ESG myth and reality in real estate
Political myths That ESG is wrapped up in modern culture wars is no myth. Back in 2023, a Republican Congresswoman from Texas, said: “ESG is a form of virtue signalling where companies can proclaim how enlightened they are based on their environmental, social, or corporate governance actions … ” …continuing in the same vein. But such detractors aren’t really talking…
GRI launches climate change and energy standards ‘to enable transparency and climate action’
The Global Reporting Initiative (GRI) has launched two standards designed to empower organisations to take accountability for their impacts and accelerate climate action. GRI 102: Climate Change emphasises that achieving substantial reductions in greenhouse gas (GHG) emissions is the primary mitigation step organisations can take, setting reporting expectations based on science-based targets and global climate goals while incorporating ‘just transition’…
GRI launches climate change and energy standards ‘to enable transparency and climate action’
The Global Reporting Initiative (GRI) has launched two standards designed to empower organisations to take accountability for their impacts and accelerate climate action. GRI 102: Climate Change emphasises that achieving substantial reductions in greenhouse gas (GHG) emissions is the primary mitigation step organisations can take, setting reporting expectations based on science-based targets and global climate goals while incorporating ‘just transition’…
GRI launches climate change and energy standards ‘to enable transparency and climate action’
The Global Reporting Initiative (GRI) has launched two standards designed to empower organisations to take accountability for their impacts and accelerate climate action. GRI 102: Climate Change emphasises that achieving substantial reductions in greenhouse gas (GHG) emissions is the primary mitigation step organisations can take, setting reporting expectations based on science-based targets and global climate goals while incorporating ‘just transition’…
GRI launches climate change and energy standards ‘to enable transparency and climate action’
The Global Reporting Initiative (GRI) has launched two standards designed to empower organisations to take accountability for their impacts and accelerate climate action. GRI 102: Climate Change emphasises that achieving substantial reductions in greenhouse gas (GHG) emissions is the primary mitigation step organisations can take, setting reporting expectations based on science-based targets and global climate goals while incorporating ‘just transition’…