Day: 13 April 2024

Majority of ‘green’ investors have money in banks that fund fossil fuels

Stuart Mitchell

New research from Triodos Bank UK reveals the extent to which greenwashing is influencing consumers’ decisions to open ISAs, as well-intentioned savers and investors are unaware of their financial providers’ poor environmental standards. Ahead of the April tax year refresh, when many consumers will be choosing new Individual Savings Accounts (ISAs), Triodos has released new analysis combining consumer polling with independent ratings of financial services providers from Ethical Consumer, the UK’s leading alternative consumer organisation. Providers of cash savings and stocks and shares ISAs are analysed by Ethical Consumer on…

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Sir Lenny Henry Centre to review BBC’s £112 million Creative Diversity commitment

Stuart Mitchell

The BBC has commissioned the Sir Lenny Henry Centre for Media Diversity (LHC) to review its three-year Creative Diversity commitment of £112m. The BBC’s commitment of at least £100m of existing TV commissioning budget and £12m in Radio covers content broadcast between April 2021 – March 2024, with the criteria and definitions established in consultation with the LHC in 2020. The commitment is the biggest financial investment in on-air inclusion in the industry. Within the first two years the BBC had invested a total of £128.5m into TV & Radio…

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A third of UK city dwellers plan to leave in the next decade, with access to more nature and green space the top factor

Stuart Mitchell

New research conducted by Landsec suggests improving nature and biodiversity needs to be at the heart of UK city planning if they are to remain desirable places for people to live and work. Landsec’s research reveals over half (55%) of people living and working in UK cities plan to leave in the future, a third (33%) in the next ten years, with more access to nature and green space cited as the top reason. The polling of over 1,200 people across some of the UK’s major cities, including London, Birmingham, Manchester,…

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The Earthshot Prize ‘Launchpad’ platform to catalyze more investment in climate innovation

Stuart Mitchell

At an event in London with investors, philanthropists, and Earthshot Prize Finalists, Prince William celebrated the launch of The Earthshot Prize Launchpad, a landmark moment for The Earthshot Prize on its journey to scale innovative climate solutions from around the globe by 2030. Unveiled just four months ago, the online match-making platform, which connects Earthshot innovators with like-minded investors and philanthropists, has attracted 135 investors and philanthropists. Currently in its pilot phase, Launchpad spotlights 25 Earthshot solutions from six continents, with funding needs exceeding £400 million. Launchpad offers investors and…

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The SBTi launches open call for Validation Council members

Stuart Mitchell

The SBTi has launched its open call for Validation Council members to oversee the governance of target validation as the SBTi continues to develop its validation entity. The SBTi announced its demerger from its partner organizations and the separation of standard-setting and validation in September 2023. Demand for validation services has risen consistently, with the total number of companies with validated targets doubling again in 2024. This has prompted the rapid scale-up of validation services, which increased validation numbers while halving average waiting times. The SBTi is looking for five…

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