Month: May 2025

Celebrating the best of the net-zero transition: Entries open for edie Net-Zero Awards 2025

Stuart Mitchell

Entries are officially open for edie’s hugely popular Net-Zero Awards – the UK’s only industry-wide awards scheme recognising and rewarding the individuals and organisations that are spearheading the transition towards a low-carbon economy. Now in their third year, the Net-Zero Awards sit in the critical spot between net-zero strategy and on-the-ground implementation of energy and carbon management projects. It is a sister scheme to the long-standing edie Awards, with categories specifically designed to recognise particular decarbonisation projects and initiatives. Past winners of edie’s Net-Zero awards include BT, Chivas Brothers, John…

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First Bus invests further £70m in zero-emission bus operations expanding electric fleet in West of England

Stuart Mitchell

First Bus is investing £70m in a further 160 zero-emission buses in the West of England, growing the First Bus zero-emission local fleet to over 250 vehicles.   In partnership with the West of England Mayoral Combined Authority, an additional £20m has been secured through the latest round of the Department for Transport’s (DfT) Zero Emission Bus Regional Area (ZEBRA) funding scheme.   Following the electrification of Weston Island (Bath) and Lawrence Hill (Bristol) depots, four out of the company’s five regional depots will be electrified by next year.   The West of…

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IFRS Foundation and TNFD formalise collaboration to provide capital markets with high-quality nature-related information

Stuart Mitchell

The IFRS Foundation and the Taskforce on Nature-related Financial Disclosures (TNFD) have announced that they have signed a Memorandum of Understanding (MoU) signalling both parties’ commitment to build upon the TNFD recommendations in the ongoing work of the International Sustainability Standards Board (ISSB), to enable nature-related financial disclosures for use by capital markets. The ISSB will consider the relevance of the TNFD recommendations in meeting the needs of global capital markets. The ISSB has been a TNFD Knowledge Partner since the inception of the TNFD in late 2021 and its…

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Launch of the Avoided Emissions Platform (AEP) to harmonize the assessment of climate solutions’ impact

Stuart Mitchell

The energy transition necessitates not only a shift away from carbon-intensive activities but also the availability of decarbonized alternatives. However, until now, there has been a lack of transparent, quantified data to support the comparison of these alternatives and to redirect financial flows toward companies facilitating decarbonization. With an estimated investment requirement of US$215 trillion to achieve global net-zero emissions by 2050, the development of harmonized metrics is essential for channeling capital into effective climate solutions.  The Avoided Emissions Platform (AEP) is an interactive tool which models the avoided emission…

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UK’s largest digital connectivity companies agree new initiative to reduce supplier emissions

Stuart Mitchell

As part of a new Digital Connectivity Forum (DCF) initiative, some of the UK’s largest broadband and mobile connectivity players have signed a joint letter encouraging their suppliers to adopt voluntary minimum standards as part of their efforts to reach climate goals. The letter was signed by 10 companies from across the UK connectivity sector, a move which represents in aggregate approximately £50bn in annual turnover. The Digital Connectivity Forum (the primary advisory group to the UK Government on digital connectivity) and its members are committed and determined to play…

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