There is still time to get the #NetZero transition back on track according to the latest report from the Climate Change Committee. Industry leaders - including Ben Shafran, Head of Markets, Policy, and Regulation - have responded with calls for urgent action and stronger policies to accelerate the green transition. "As evidenced by the CCC's report, urgent action is needed to deliver on the UK's Carbon Budget and ultimately, Net Zero. We have an immediate opportunity to enhance the UK's standing as a leader in clean technology. With the right enabling policies and market mechanisms in place, we can accelerate the Net Zero transition and capture the benefits of green growth." Read more in BusinessGreen [paywall]: https://orlo.uk/wbUTu
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Ok, Its time to #listen. The #CCC update is real indicator that talking the good game is no longer enough, time to get the sleeves rolled up, reassess how we do things and current plans, stop working in silo's and start to seriously deliver projects to help us decarbonise in the long term and also encourage all organisations to accurately measure their carbon footprints and their collective contributions. Politicians wont deliver net zero or fund it, however they do need to create the framework and incentives which encourage organisations to do the right thing. We are going to have to try a different approach, #explore new technologies and methodology and #stop being risk adverse. #NetZero is an opportunity. Reach out to and #collaborate with organisations who can help. TEAM ECO are here to help and #jointhedots. #wecandothis #smeleadthechange #everyonecancontribute #doitdifferently #thinkcarbon #procurementisntonlyaboutcost https://lnkd.in/eqrTQZ-V
Scotland’s 2030 climate goals are no longer credible - Climate Change Committee
https://www.theccc.org.uk
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Green Alliance’s Net Zero Policy Tracker shows big gaps between UK action plans & commitments In the latest update on the UK government’s progress towards meeting its Net Zero Strategy Goals, independent think-tank, Green Alliance, says big gaps in policy indicate “the UK remains off track to meet its Net Zero climate commitment by 2050.” According to the latest tracker update, focusing on progress against Net Zero strategy during the 5th carbon budget 2028-2032, policy needed to achieve almost 20 per cent of required GHG emissions cuts remains under consultation rather implementation, with a further 17 per cent covered only by “policy ambition” and 16% without any policy at all. While three key economic sectors – Transport, Heat and Buildings, and Agriculture and Land Use - are highlighted for most concern, significant policy gaps also remain in regard to GHG reductions for both Industry, and Waste and Fluorinated Gases. However, Green Alliance notes: “With signs of wavering ambition on the environmental agenda across Westminster, it is vital that politicians from all political parties, particularly those responsible for briefs that materially impact the decarbonisation agenda, put forward credible plans on how they will get the UK back on track for Net Zero.” Read more on our website news page: https://lnkd.in/eFZU6-_s #carbonremoval #netzero2050 #sustainability #technology
Green Alliance’s Net Zero Policy Tracker shows big gaps between UK action plans and commitments - Standard Gas
https://standardgas.com
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Financial Times has picked up on our letter, signed by over 100 business leaders and investors, and sent to climate and environment ministers, urging for more ambitious climate targets. With the environmental council currently in session, we implore them to take into account this letter and set a greenhouse gas reduction target of at least 90%. This would send a clear signal for businesses to adopt sustainable practices and embrace the energy transition as the only pathway to decarbonize the European economy and implement a competitive business model. “There is no doubt, climate change is multiplying the risks we face as ecosystems, economic and people", as stresses Ursula Woodburn, CLG Europe and CISL Europe Director. ✉️🔗Read our letter here: https://bit.ly/48ZacPW 📰 🔗Read the Financial Times article here: https://lnkd.in/efHYwNvG #Over90ForAtLeast90 #90PercentBy2040 #AtLeast90for2040 #StrategicAgenda #EUGreenDeal #ClimateAction Ursula von der Leyen Maroš Šefčovič Virginijus Sinkevičius Wopke Hoekstra Paolo Gentiloni Kurt Vandenberghe Charles Michel Belgian Presidency of the Council of the European Union 2024 ACCIONA AVEVA Ball Corporation Coca-Cola Europacific Partners EDF IKEA Iberdrola Renewables Salesforce Signify ROCKWOOL Group Unilever VELUX Google SSAB Cambridge Institute for Sustainability Leadership (CISL)
Business and Investors call on the EU to Set a Greenhouse Gas Emissions Reduction Target of at least 90% by 2040.
corporateleadersgroup.com
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#NetZero for newcomers. Still not sure what Net Zero really means for your organisation? Want to know how different parties are planning to tackle the biggest technological task most nations are currently facing and how far we've already come? It's #GeneralElectionDayUK and the future of our #NetZeroTransition is a little unclear. So if you want all the info to decide what's best for your business check out this "Full fat" Full Fact by Ed Scott that breaks down critical considerations and highlights the Office for Budget Responsibility's comments that the costs of unmitigated climate change would be much larger than bringing emissions to Net Zero. Take care on your way to the polling station and find the full file here: https://lnkd.in/eqzyEcZc #NetZeroJourney #ClimateChange #RenewableEnergy #GeneralElectionUK #Business #Government
Net Zero: explained - Full Fact
fullfact.org
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UK in Pole Position for Net Zero: The Race Against Climate Change in 2024🌍🌱 As the global race against climate change intensifies, it's crucial for nations to not just participate but to lead. The UK's pioneering efforts in achieving net zero emissions serve as a blueprint for the world. In his latest op-ed for Chamber's Journal, former Minister of State for Energy Security and Net Zero, Rt Hon Graham Stuart, explains why: Record-breaking Progress: The UK has slashed emissions by 50% since 1990 while growing the economy by nearly 80%. Setting ambitious targets and enshrining net zero into law, the UK has become a frontrunner in the fight against climate change. Renewable Energy Revolution: Transitioning to clean energy at an unprecedented pace, the UK now derives over 40% of its electricity from renewables, solidifying its position as a global leader in renewable energy adoption. Energy Security Reinforcement: By diversifying energy sources and reducing reliance on imports, the UK strengthens its energy independence while mitigating vulnerabilities to geopolitical tensions and market fluctuations. Economic Opportunities Abound: Seizing upon the transition to a low-carbon economy, the UK has attracted billions in public and private investment, creating jobs and driving economic growth while reducing carbon emissions. Global Leadership: At international forums like COP28, the UK plays a pivotal role in driving global agreements to transition away from fossil fuels, keeping the target of limiting global warming to 1.5°C within reach. To read the full article please click here: https://lnkd.in/gxfS47kW To gain full access to our journal which includes further insight on issues facing the Environment, such as Màiri McAllan MSP's 'Tackling Climate Change is a Feminist Issue,' Rebecca Pow's 'The Nature and Climate Crisis,' and Emily Morrison's 'Controversies and Confusion, the UK's Transition to Net Zero can be a Positive Story' - subscribe here: https://lnkd.in/gJPemSa4, or visit our shop for a print copy: www.chamberuk.com/shop. #NetZero #ClimateAction #RenewableEnergy #Sustainability #GlobalLeadership #EconomicGrowth #EnergySecurity #UKPolitics #UKGovernment
UK in Pole Position for Net Zero: The Race Against Climate Change in 2024
https://chamberuk.com
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A Corporate Leaders Groups recent letter calls on the EU policymakers to set a target of at least 90% greenhouse gas emissions reduction by 2040. Leading businesses and investors consider that ambitious climate objectives not only benefit the environment and climate. They contribute to making the European economy more resilient and competitive. A better Europe, for business and for people. Staying committed to the European Green Deal involves providing clear signals for businesses, investors and citizens. #sustainability #circulareconomy #unsdg #resilience #climatechange #greenbonds #europeangreendeal #callforaction #netzeroemissionsby2050
📄As EU leaders put the finishing touches to the EU’s strategic priorities and Environment and Climate Ministers continue to discuss the EU’s 2040 climate target, 🌍 we renew the call made by over 100 business leaders and investors to the EU to place climate at the centre of any strategy that aims to increase the EU’s competitiveness, resilience, and energy security. 📈The letter calls on the EU to set a target of at least 90% greenhouse gas emissions reduction by 2040. 🚀 Leading businesses and investors consider that ambitious climate objectives not only benefit the environment and climate. 🌿 They contribute to making the European economy more resilient and competitive, 💪 enabling the creation of high-quality jobs and cost savings that citizens rightly expect, 💼 while improving the health and well-being of people. 💡We urge EU policymakers to stay committed to the European Green Deal and provide clear signals for businesses and investors. 🔗 Read the full letter here: https://bit.ly/48ZacPW 🔗 Read more about the new signatories here: https://bit.ly/3XnuPmK We Mean Business Coalition Institutional Investors Group on Climate Change (IIGCC) AVEVA Sophie Miremadi EDF Marion Labatut EDP Fortum Iberdrola Renewables Miguel Ángel Muñoz Rodríguez Ingka Group Unilever Fiona Duggan Vattenfall Ball Corporation Ramon Arratia Danieli Group Inditex Knauf SAP Coca-Cola Europacific Partners Joe Franses Google Adam Elman Tim Christophersen Salesforce Harry Verhaar Signify SSAB Jesper Kansbod Agnes Borg Fleming Voetmann VELUX H&M Virginijus Sinkevičius Maroš Šefčovič Wopke Hoekstra Kurt Vandenberghe Ursula von der Leyen European Commission #90PercentBy2040 #AtLeast90for2040 #StrategicAgenda #EUGreenDeal #ClimateAction
Business and Investors call on the EU to Set a Greenhouse Gas Emissions Reduction Target of at least 90% by 2040.
corporateleadersgroup.com
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You sometimes get the idea that many people oppose policies that lead to a more sustainable, and hence better Europe. So, it's important to highlight that many investors and business leaders are indeed very much in favor of ambitious policies, as it drives innovation and creates a level playing field for those that are already working hard on this. Take note of the letter below and share where relevant!
🌐 ✉️Letter from Investors and Business Leaders: a joint call to set a GHG emissions reduction target of at least 90% by 2040. As business leaders and investors, we strongly urge the Environment and Climate ministers of the European Union to back a greenhouse gas emission reduction target of at least 90% by 2040. This robust target will boost the resilience of the EU, ensure energy security, and enhance competitiveness. 🌱 Achieving this goal requires a steadfast commitment from policymakers with clear signals for businesses and investors. It's time to embrace ambitious climate targets. We need to decarbonize the economy for the benefit of people, climate and nature. 🌍Let's continue championing climate action and sustainability and collectively forge a more resilient and competitive economy! 💚 ✉️🔗 Read our letter here: https://bit.ly/48ZacPW #Over90ForAtLeast90 #90PercentBy2040 #AtLeast90for2040 #StrategicAgenda #EUGreenDeal #ClimateAction Ursula von der Leyen Maroš Šefčovič Virginijus Sinkevičius Wopke Hoekstra Paolo Gentiloni Kurt Vandenberghe Charles Michel Belgian Presidency of the Council of the European Union 2024 ACCIONAAVEVA Ball Corporation Coca-Cola Europacific Partners EDF IKEA Iberdrola Iberdrola Renewables ROCKWOOL GroupSalesforce Signify Unilever VELUX Google SSAB EDP Fortum HH ISS Global Cambridge Institute for Sustainability Leadership (CISL) Sophie Miremadi Marion Labatut Miguel Ángel Muñoz Rodríguez Kingspan Group SSE Renewables PLC Unilever Fiona Duggan Vattenfall Ramon Arratia Danieli Group Inditex Knauf SAP
Business and Investors call on the EU to Set a Greenhouse Gas Emissions Reduction Target of at least 90% by 2040.
corporateleadersgroup.com
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It was a shame to lose Rt Hon Graham Stuart from Government, he did a tremendous amount to champion decarbonisation and Net Zero. Very interesting op-ed for Chamber UK on his thoughts on the race against climate change in 2024. If you have a spare 5 mins, well worth a read 👇 #NetZero #climatchange #decarbonisation #politics #ukpolitics #westminster #climateaction #ukgovernment #government
UK in Pole Position for Net Zero: The Race Against Climate Change in 2024🌍🌱 As the global race against climate change intensifies, it's crucial for nations to not just participate but to lead. The UK's pioneering efforts in achieving net zero emissions serve as a blueprint for the world. In his latest op-ed for Chamber's Journal, former Minister of State for Energy Security and Net Zero, Rt Hon Graham Stuart, explains why: Record-breaking Progress: The UK has slashed emissions by 50% since 1990 while growing the economy by nearly 80%. Setting ambitious targets and enshrining net zero into law, the UK has become a frontrunner in the fight against climate change. Renewable Energy Revolution: Transitioning to clean energy at an unprecedented pace, the UK now derives over 40% of its electricity from renewables, solidifying its position as a global leader in renewable energy adoption. Energy Security Reinforcement: By diversifying energy sources and reducing reliance on imports, the UK strengthens its energy independence while mitigating vulnerabilities to geopolitical tensions and market fluctuations. Economic Opportunities Abound: Seizing upon the transition to a low-carbon economy, the UK has attracted billions in public and private investment, creating jobs and driving economic growth while reducing carbon emissions. Global Leadership: At international forums like COP28, the UK plays a pivotal role in driving global agreements to transition away from fossil fuels, keeping the target of limiting global warming to 1.5°C within reach. To read the full article please click here: https://lnkd.in/gxfS47kW To gain full access to our journal which includes further insight on issues facing the Environment, such as Màiri McAllan MSP's 'Tackling Climate Change is a Feminist Issue,' Rebecca Pow's 'The Nature and Climate Crisis,' and Emily Morrison's 'Controversies and Confusion, the UK's Transition to Net Zero can be a Positive Story' - subscribe here: https://lnkd.in/gJPemSa4, or visit our shop for a print copy: www.chamberuk.com/shop. #NetZero #ClimateAction #RenewableEnergy #Sustainability #GlobalLeadership #EconomicGrowth #EnergySecurity #UKPolitics #UKGovernment
UK in Pole Position for Net Zero: The Race Against Climate Change in 2024
https://chamberuk.com
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🌍 A week on from the #EUElections, as Environment and Climate Ministers consider the EU's target to reduce #GreenhouseGas emissions by 2040, we're resharing Corporate Leaders Groups EU's letter on behalf of business leaders and investors to place climate at the centre of decision making. 🔗 Read the full letter here: https://bit.ly/48ZacPW We Mean Business Coalition Institutional Investors Group on Climate Change (IIGCC) AVEVA Sophie Miremadi EDF Marion Labatut EDP Fortum HH Global Iberdrola Renewables Miguel Ángel Muñoz Rodríguez Ingka Group ISS A/S Kingspan Group SSE plc Unilever Fiona Duggan Vattenfall Ball Corporation Ramon Arratia Danieli Group Inditex Knauf SAP Coca-Cola Europacific Partners Joe Franses Google Adam Elman Tim Christophersen Salesforce Harry Verhaar Signify SSAB Jesper Kansbod Agnes Borg Fleming Voetmann VELUX H&M Polestar Danone #CISLPolicy #Policy #Policymakers #90PercentBy2040 #AtLeast90for2040 #StrategicAgenda #EUGreenDeal #ClimateAction
📄As EU leaders put the finishing touches to the EU’s strategic priorities and Environment and Climate Ministers continue to discuss the EU’s 2040 climate target, 🌍 we renew the call made by over 100 business leaders and investors to the EU to place climate at the centre of any strategy that aims to increase the EU’s competitiveness, resilience, and energy security. 📈The letter calls on the EU to set a target of at least 90% greenhouse gas emissions reduction by 2040. 🚀 Leading businesses and investors consider that ambitious climate objectives not only benefit the environment and climate. 🌿 They contribute to making the European economy more resilient and competitive, 💪 enabling the creation of high-quality jobs and cost savings that citizens rightly expect, 💼 while improving the health and well-being of people. 💡We urge EU policymakers to stay committed to the European Green Deal and provide clear signals for businesses and investors. 🔗 Read the full letter here: https://bit.ly/48ZacPW 🔗 Read more about the new signatories here: https://bit.ly/3XnuPmK We Mean Business Coalition Institutional Investors Group on Climate Change (IIGCC) AVEVA Sophie Miremadi EDF Marion Labatut EDP Fortum Iberdrola Renewables Miguel Ángel Muñoz Rodríguez Ingka Group Unilever Fiona Duggan Vattenfall Ball Corporation Ramon Arratia Danieli Group Inditex Knauf SAP Coca-Cola Europacific Partners Joe Franses Google Adam Elman Tim Christophersen Salesforce Harry Verhaar Signify SSAB Jesper Kansbod Agnes Borg Fleming Voetmann VELUX H&M Virginijus Sinkevičius Maroš Šefčovič Wopke Hoekstra Kurt Vandenberghe Ursula von der Leyen European Commission #90PercentBy2040 #AtLeast90for2040 #StrategicAgenda #EUGreenDeal #ClimateAction
Business and Investors call on the EU to Set a Greenhouse Gas Emissions Reduction Target of at least 90% by 2040.
corporateleadersgroup.com
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📄As EU leaders put the finishing touches to the EU’s strategic priorities and Environment and Climate Ministers continue to discuss the EU’s 2040 climate target, 🌍 we renew the call made by over 100 business leaders and investors to the EU to place climate at the centre of any strategy that aims to increase the EU’s competitiveness, resilience, and energy security. 📈The letter calls on the EU to set a target of at least 90% greenhouse gas emissions reduction by 2040. 🚀 Leading businesses and investors consider that ambitious climate objectives not only benefit the environment and climate. 🌿 They contribute to making the European economy more resilient and competitive, 💪 enabling the creation of high-quality jobs and cost savings that citizens rightly expect, 💼 while improving the health and well-being of people. 💡We urge EU policymakers to stay committed to the European Green Deal and provide clear signals for businesses and investors. 🔗 Read the full letter here: https://bit.ly/48ZacPW 🔗 Read more about the new signatories here: https://bit.ly/3XnuPmK We Mean Business Coalition Institutional Investors Group on Climate Change (IIGCC) AVEVA Sophie Miremadi EDF Marion Labatut EDP Fortum Iberdrola Renewables Miguel Ángel Muñoz Rodríguez Ingka Group Unilever Fiona Duggan Vattenfall Ball Corporation Ramon Arratia Danieli Group Inditex Knauf SAP Coca-Cola Europacific Partners Joe Franses Google Adam Elman Tim Christophersen Salesforce Harry Verhaar Signify SSAB Jesper Kansbod Agnes Borg Fleming Voetmann VELUX H&M Virginijus Sinkevičius Maroš Šefčovič Wopke Hoekstra Kurt Vandenberghe Ursula von der Leyen European Commission #90PercentBy2040 #AtLeast90for2040 #StrategicAgenda #EUGreenDeal #ClimateAction
Business and Investors call on the EU to Set a Greenhouse Gas Emissions Reduction Target of at least 90% by 2040.
corporateleadersgroup.com
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