Day: 3 March 2022

SSE to accelerate decarbonisation plans with new 2030 Goals

Stuart Mitchell

SSE, the UK’s national clean energy champion, will deliver a fivefold increase in its renewable output and cut carbon intensity by 80% by 2030 as it accelerates its net zero action plan. The FTSE-100 low-carbon infrastructure company today announced its four core 2030 business goals, aligned to the UN’s Sustainable Development Goals (SDGs), were being upweighted to drive faster decarbonisation across the next decade. Supporting Scottish and UK net zero targets it will also enable the connection of at least 20GW of renewable electricity generation to its north of Scotland…

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Scottish Widows becomes first UK insurer to publish its roadmap to net zero

Stuart Mitchell

Scottish Widows launches its Climate Action Plan, becoming the first major pensions and insurance provider to clearly define its long-term strategy for achieving its decarbonisation targets and a net-zero portfolio by 2050. The company – which looks after nearly £190bn of savings for more than six million customers in the UK – sets out four key actions in its Plan, which will enable the halving of portfolio greenhouse gas emissions by 2030 and the delivery of net zero carbon emissions by 2050 whilst maximising their customers’ return on investment. These…

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NextEnergy Capital Announces Record Fundraise of $896 Million for NextPower III ESG

Stuart Mitchell

NextEnergy Capital (“NEC”), is delighted to announce its final close for NextPower III ESG (“NPIII ESG”), bringing the total capital raised to $896 million, including an SMA.  Including co-investments closed to date, the total capital pool for its investment strategy exceeds $905 million.  The capital raised is comfortably above the target of $750m and makes this NEC’s largest private fund to date. NPIII ESG focuses on the international solar infrastructure sector, principally targeting projects in carefully selected OECD countries, including the US, Portugal, Spain, Chile, and Poland.  It is the…

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Circularise partners with 4 organisations to develop a Blockchain based Circular system for Assessing Rare Earth Sustainability

Stuart Mitchell

Circularise partners with BEC GmbH, Grundfos, Minviro, and the global Rare Earth Industry Association (REIA) to lead a three-year EIT RawMaterials funded innovation project to build a blockchain based Circular System for Assessing Rare Earth Sustainability (CSyARES). This will help companies improve transparency and sustainability of their supply chains when it comes to critical and rare earth materials. Demand for rare earth metals is skyrocketing and by 2030 it is projected to reach 315,000 tonnes (1). These rare-earth metals are irreplaceable in wind turbines, electric vehicles, mobile phones, computers and…

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ICCO suspends Russian PR Association indefinitely

Stuart Mitchell

The International Communications Consultancy Organisation (ICCO) has suspended the membership of the Association of Consulting Companies in the Field of Public Relations (AKOS) indefinitely, with immediate effect. The decision – taken by ICCO’s Executive Committee – follows Russia’s illegal invasion of Ukraine and flagrant violation of international law. The Executive Committee acted following concerns that AKOS had failed to distance itself from the actions of the Russian Government. ICCO was founded and operates on the principles of truth, trust and integrity. Today’s decision is driven by the belief that international…

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