Day: 4 March 2022

The EU and IFC Establish a New Partnership to Accelerate Climate-Smart, Inclusive Infrastructure Investments in South Asia

Stuart Mitchell

Six South Asian nations, including India, are set to benefit from a new USD$ 21.5 million (EUR 18 million) funding from the European Union (EU), which will help to accelerate climate-smart, inclusive infrastructure investments in their regions. IFC, the largest global development institution, focused on the private sector in emerging markets, will implement the project under the program, Accelerating Climate-Smart and Inclusive Infrastructure in South Asia (ACSIIS). ACSIIS is a five-year program (2021-2026) to help spur investments in energy, water, waste management, transport, logistics, and green buildings to benefit people…

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Phoenix Group set near term carbon targets for £250bn of investments and call on industry to take serious carbon action

Stuart Mitchell

Phoenix Group, the UK’s largest long-term savings and retirement business, today announces they have set both 2025 and 2030 carbon intensity reduction targets for their investment portfolio. These interim targets are part of Phoenix Group’s pathway to achieving net zero carbon for investments by 2050 in line with their science-based targets commitments, and are a key element of their overall approach to Responsible Investment. The new targets will reduce carbon emission intensity by at least 50% by 2030 and will apply to the £250bn of investments where Phoenix Group have…

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CAP – I can see clearly now: an update on the implementation of superimposed text guidance

Stuart Mitchell

The ASA/CAP have released a post called:  I can see clearly now: an update on the implementation of superimposed text guidance. I have enclosed the text of the link below, but please have a look at the ASA/CAP site as there are lots of things of interest to anyone with an interest in Ethical Marketing. In late 2019, BCAP introduced tighter new guidelines governing the presentation of superimposed text in TV advertising (the “small print” used to communicate additional information on screen), drawing on our own consumer research. Superimposed text…

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Public tells government to ban polluting single-use plastics now

Stuart Mitchell

More than 100,000 people have called on the government to ban the most polluting single-use plastic items, such as plastic cutlery, plates and polystyrene food packaging. The call comes as public pressure builds on Environment Secretary George Eustice to be quicker and more ambitious in tackling plastic pollution once and for all. A petition with 117,000 signatures was handed into Downing Street today, ahead of the government closing its consultation on banning common single-use items this Saturday. The campaigners carried eye-catching placards and giant cutlery props with the wording ‘For…

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Virgin Atlantic agrees sustainable aviation fuel supply with Neste and ExxonMobil

Stuart Mitchell

Virgin Atlantic Limited and Neste Oyi are pleased to announce the UK supply of 2.5 million litres/2,000 metric tonnes of neat Sustainable Aviation Fuel (SAF), which will be delivered in the first half of 2022 to London Heathrow. The supply is an important step towards the airline’s target of 10% SAF by 2030. The agreement forms part of a wider collaboration between Virgin Atlantic, one of the world’s most fuel-efficient long-haul airlines and Neste, the world’s leading provider of SAF, to increase the availability and use of SAF in the…

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