Month: June 2023

Facility for technical carbon removals being launched by major corporations

Stuart Mitchell

Five leading companies from across Asia, Europe, and North America announced their plan to join the NextGen CDR Facility (NextGen) as founding buyers to dramatically scale up carbon removal technologies and catalyze the market for high-quality carbon removals. Founding buyers in NextGen will include Boston Consulting Group, LGT, Mitsui O.S.K. Lines, Swiss Re, and UBS. The establishment of NextGen follows last year’s announcement by South Pole, recently approved as an Implementing Partner of the First Movers Coalition (FMC), and its development was strongly influenced by the Carbon Removal Climate Action…

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Bluesphere Carbon and Treegen Ltd. Partner to Develop Revolutionary Treegens ReFi Project

Stuart Mitchell

Bluesphere Carbon is excited to announce its partnership with Treegen Ltd., a UK-based company, to develop the Treegens ReFi project, a decentralized regenerative finance platform. The project aims to leverage blockchain technology to promote reforestation efforts worldwide and create a more sustainable future. Treegens introduces the world’s first dynamic semi-soulbound tokens that visually change and level up as the holder acquires the TREES fungible token. Each minted TREES token represents a planted tree, and the Treegens ecosystem uses novel AI technology to count and verify each planted tree. Additionally, every…

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Wuka Unveils Taboo-Busting Advert For Pioneering Plastic-Free Period Pants In Its First TV Campaign

Stuart Mitchell

Sky Media reveals WUKA’s advertising campaign as one of the five winners of the Sky Zero Footprint Fund initiative. The taboo-busting ad encourages women to ditch plastic-riddled disposable pads and tampons in favour of its sustainable period wear, with an honest depiction of real period stories, in an effort to normalise conversations around menstruation. WUKA funded the campaign using the £250,000 media value earned from winning the Sky Zero Footprint Fund in 2022. WUKA’s first TV advert will broadcast from the 21st of April and will run until the end of…

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Ecoveritas warns Plastic Tax fine-tuning should not be about boosting government revenue

Stuart Mitchell

Leading environmental compliance specialists Ecoveritas has urged businesses to take head of HMRC’s move to penalise non-compliant businesses regarding the Plastic Packaging Tax but says any future changes to its modus operandi must not solely be about boosting the Treasury’s coffers. The Plastic Packaging Tax (PPT), introduced last April, requires producers to pay a levy on plastic products that contain less than 30% recycled content. Significant changes were made to the PPT last month, with the rate rising to £210.82 per tonne in line with the Consumer Price Index (CPI)…

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Norfolk farmer launches bold regenerative farming project on Ribena blackcurrant farm

Stuart Mitchell

SBF GB&I, the proud producer of Ribena, has unveiled a research project to reduce greenhouse gas emissions from the growing of blackcurrants through regenerative farming practices. The ambitious project launching today in collaboration with the University of East Anglia, SBF GB&I, Suntory Holdings Limited and Soil Ecology Laboratory will take place across much of the 60 hectares of blackcurrant production at Gorgate Farm in Norfolk, which has been growing blackcurrants for Ribena since the 1950s. As part of Suntory Group’s overall ambition to support crop resilience and reduce carbon emissions…

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