Day: 7 October 2024

The SBTi Unveils Framework to Accelerate Buildings Sector’s Alignment with Net-Zero Targets

Stuart Mitchell

The Science Based Targets initiative (SBTi) launches a groundbreaking science-based decarbonization framework for companies and financial institutions in the buildings value chain. The framework sets 1.5°C-aligned emissions reduction targets for the buildings industry to overcome current climate challenges and create a net-zero future. The buildings sector is responsible for over a quarter of energy-related emissions and is deeply impacted by the climate crisis. Construction delays due to adverse weather are already costing billions of dollars globally. The SBTi’s new Buildings Sector Science-Based Target-Setting Criteria takes a ‘whole building approach’ –…

Read More

Urgent government action needed to tackle UK’s biodiversity crisis, says new IPPR report

Stuart Mitchell

The government must halt and reverse the UK’s unprecedented environmental crisis and depleting natural environment, or risk missing key climate targets, says IPPR. The country ranks among the bottom 10 per cent globally for biodiversity, with only 53 per cent of its biodiversity remaining. Alarmingly, 41 per cent of UK species have experienced significant population decline since 1970. The situation underscores the urgent need for government-led action to halt the decline and restore the nation’s ecosystems. The UK government has committed to protecting nature in 30 per cent of the…

Read More

Mitie to put University of Essex on course to net zero with new decarbonisation consulting contract

Stuart Mitchell

Mitie has been awarded a new decarbonisation consulting contract with the University of Essex. The contract will see Mitie help the University achieve its goal of reaching net zero Scope 1 and 2 carbon emissions by 2035 by forecasting its future energy consumption and developing a comprehensive decarbonisation strategy.   Across the University’s three campuses, Mitie’s expert engineers will carry out detailed audits to understand the needs of iconic student buildings and ensure their architectural value is taken into consideration. Mitie’s Plan Zero consultants will use this information, alongside a series…

Read More

Masdar Raises USD1 Billion Through Second Green Bond to Fund New Global Renewables Projects

Stuart Mitchell

Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, recently announced it has successfully raised USD1 billion through its second green bond issuance, under its Green Finance Framework. The announcement comes one year after the company’s first successful issuance of USD750 million on the International Securities Market of the London Stock Exchange. The issuance comprises dual tranches of US$500 million each, with tenors of 5 and 10 years and coupons of 4.875% and 5.25% respectively. There was strong appetite from regional and international investors with the…

Read More

Remember A Charity Launches Report On Role Of Wealth Advisers In High Value Legacies

Stuart Mitchell

A new report from Remember A Charity launched recently, exploring the role that wealth advisers can play in growing high value legacy giving in the UK. It also covers the benefits for charities of taking a more holistic approach to help high value supporters maximise their philanthropic impact.  Understanding the role of wealth advisers in growing legacy giving was developed in partnership with Boon Philanthropy Consulting and with support from Philanthropy Impact.  The report highlights the importance of the high value legacy giving market, and its scope for growth. While…

Read More