Day: 2 November 2024

Climate X Research Shows 88% of Top Global Banks Unprepared for Climate-Related Disruptions

Stuart Mitchell

Climate X, a leader in climate risk data analytics, today announced the findings of its first-of-its-kind report, “The Top 50 Banks in the World Tackling Adaptation 2024”, conducted in collaboration with Climate Proof. This report ranks 50 of the world’s largest commercial banks based on their climate adaptation maturity, evaluated across 17 key indicators. The analysis reveals a significant gap in preparedness, with 88% of the top global banks failing to adequately address climate adaptation risks. Despite growing awareness, only 7 of the top 50 banks assessed meet more than…

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ING gives update on climate action approach, accelerates efforts in client engagement

Stuart Mitchell

ING has published its annual Climate Progress Update 2024. The update shows how we engage with our clients to help them in the transition to a low-carbon economy. It also includes our progress on steering the most carbon-intensive sectors in our loan portfolio towards global climate goals – our ‘Terra’ approach. As a bank, the most impactful way for us to contribute to the transition is through financing: working with clients on their transitions to net zero while financing the technologies and solutions needed for a sustainable future. And because…

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Currys and AMV BBDO named winners of Channel 4’s Diversity in Advertising Award 2024

Stuart Mitchell

Currys and AMV BBDO have been announced as the winners of Channel 4’s 2024/2025 Diversity in Advertising Award.  Their campaign, ‘The Sigh of Relief’, which embeds inclusive practices at the heart of the creative, will receive £1 million of advertising space across Channel 4 next year which will showcase the relief disabled customers feel when they have their needs immediately understood in safe spaces. In addition, the four runners-up are being offered the opportunity to secure match funding to get their entries on air. ‘The Sigh of Relief’ was chosen…

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UK-first carbon capture pilot on energy from waste facility goes live

Stuart Mitchell

enfinium, a leading UK energy from waste operator, recently announced it has successfully launched the UK’s first carbon capture pilot at an energy from waste site. The launch is a milestone for the sector and for enfinium’s plans to deploy Carbon Capture and Storage (CCS) technology across its UK facilities to generate carbon removals at scale and support the UK’s Net Zero target. The technology, a containerised, scaled-down version of the CCS technology that enfinium could deploy across all of its sites, was supplied by global green technology company Hitachi…

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Spotify global advertising revenue forecast to reach $2.1bn in 2024 as the platform focuses on winning a share of video ad budgets

Stuart Mitchell

Spotify, the world’s most popular audio streaming subscription service, is now turning to opportunities in the video advertising space whilst making it easier for brands to run multi-media campaigns on the platform.  And, while Spotify is by no means a social platform, it is looking to better facilitate community and connection between fans and artists. Alex Brownsell, Head of Content, WARC Media, and author of the report, says: “Spotify is looking to expand beyond its sonic roots. The platform is eyeing opportunities in the video ad space, especially with video…

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