Comprehensive Guide to Evergreen NHS Introduction Overview of the NHS Evergreen Assessment The NHS Evergreen Sustainable Supplier Assessment is a strategic initiative developed by the National Health Service (NHS) in the UK, aimed at promoting sustainability and ethical practices among its suppliers. This programme is a critical component of the NHS’s broader commitment to environmental stewardship and social responsibility, reflecting…
UK Sets Largest-Ever £1.5 Billion Budget for Renewable Energy Auction, Largely Targeting Offshore Wind
The UK government announced today that its budget for its renewable energy auction would be the largest in the country’s history, £1.5 billion (USD$1.93 billion), including £1.1 billion for offshore wind. The government said that this is an increase of £500 million, 50% more than the budget set in March and larger than all previous energy auctions combined. Ed Miliband,…
SBTi Appears to Backtrack on Use of Carbon Credits in Corporate Net Zero Targets
The Science Based Targets initiative (SBTi), one of the key organizations focused on aligning corporate environmental sustainability action with the global goals of limiting climate change, announced the release of a series of research publications aimed at informing its new standard for corporate climate target-setting, with findings indicating that the new standard is unlikely to allow companies to use carbon…
ArcLight Launches North America-Focused Renewables Investment Platform with $500 Million Commitment
Infrastructure-focused investment firm ArcLight announced the launch of SkyVest Renewables, a new operating focused renewables investment initiative targeting utility-scale wind and solar assets in North America. The new platform is being launched with an initial $500 million capital commitment from Arclight. According to the company, SkyVest will also augment ArcLight’s existing dedicated in-house operations resources in asset management, data analytics,…
Google Sources Renewable Energy from Waste Wood to Power Singapore Data Center
Google announced a new 10-year agreement with power company PacificLight and renewable energy developer RExus Bioenergy to build a wood-to-waste plant in Singapore, and provide clean energy to Google to power its data center and operations in the region. The deal marks the latest in a series of renewable energy announcements for Google in Asia, including the recent launch of…
Fashion-Tech unspun Raises $32 Million to Scale Zero-Waste, Emissions-Reducing Apparel Solution
Fashion-tech startup unspun announced today that it has raised $32 million in a Series B funding round, with proceeds aimed at scaling its technology to reduce waste and carbon emissions in the fashion sector. The fashion industry is facing increasing pressure to address the climate impact of its climate and environmental impact, as one of the top industrial sources of…
Air New Zealand Removes 2030 Emissions Reduction Goal, Drops Out of SBTi
Air New Zealand revealed today that it has removed its 2030 science based carbon intensity reduction target, and that it will withdraw from the Science Based Targets initiative (SBTi). Initially set in 2022, and validated by the SBTi, Air New Zealand’s ambition targeted a 28.9% reduction in carbon intensity by 2030, from a 2019 baseline, of the associated with the…