Day: 1 April 2023

‘Consistency, Collaboration And Coherence’ Vital To Embedding Sustainability In Global Finance Sector

Stuart Mitchell

Experts in green finance have highlighted the importance of global consistency and collaboration to drive change across all aspects of the ESG agenda, as new BSI guidance designed to ‘demystify’ sustainability principles for financial sector organizations is launched. Speaking ahead of an event at Bloomberg in London, Nigel Topping, the former UN High-Level Climate Action Champion, said: ‘The new narrative of change has to be collaboration and not competition. Ensuring all in the financial sector are talking the same language and tackling the heart of the issue is essential.’ Topping…

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bp pulse and APCOA to build EV hubs across Europe

Stuart Mitchell

bp pulse, one of the leading rapid and ultra-fast public EV charging networks in the UK and APCOA Parking Group, the UK’s leading provider of tailored parking solutions with an established presence in Europe, have signed a strategic pan-European frame agreement to open more than 100 EV fast charging hubs across Europe. Under the agreement, bp pulse plans to install ultra-fast charging at APCOA car parks  – ‘Urban Hubs’ – in Germany, Austria, Belgium, Luxembourg, The Netherlands, Poland and the UK over the next three years to help expand its charging network…

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IKEA to use bio-based glue for reduced climate footprint

Stuart Mitchell

To reduce the climate footprint of board production, IKEA is switching from fossil-based to bio-based glues. Today, 5% of the climate footprint of the total IKEA value chain is connected to the use of glue in board materials. With this change, the goal is to reduce fossil-based glue use by 40% and greenhouse gas emissions from glue by 30% by FY30. Finding new glue solutions is one of the main approaches to reducing the IKEA climate footprint, and most glue consumption is used in board production. As a result of…

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Number of children without critical social protection increasing globally

Stuart Mitchell

The number of children without access to social protection is increasing year-on-year, leaving them at risk of poverty, hunger and discrimination, according to a new report released by the International Labour Organization (ILO) and UNICEF. More than a billion reasons: The urgent need to build universal social protection for children  warns that an additional 50 million children aged 0-15 missed out on a critical social protection provision – specifically, child benefits (paid in cash or tax credits) – between 2016 and 2020, driving up the total to 1.46 billion children…

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Colombia launches second Plastics Pact in Latin America

Stuart Mitchell

Colombia has become the second Latin American country to launch a Plastics Pact to tackle the environmental impacts of plastics and support international work developing a circular economy for plastics. The Colombia Plastics Pact was developed and launched through a partnership between The Business Commitment to Recycling (CEMPRE) and international climate action NGO WRAP with the support of UKRI. Colombia currently places upwards of 700,500 tonnes of plastic containers and packaging into the domestic market each year, but as little as 3% is reincorporated back into packaging. The Colombia Plastics Pact…

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