Company directors should consider company’s nature-related risks, landmark English law legal opinion finds

Company directors should consider their company’s nature-related risks as part of their legal duties under the law of England and Wales, a landmark legal opinion has found. It warns that failure to identify and assess latent financial risks arising from a company’s unaddressed nature-related impacts and dependencies could expose directors to increased shareholder scrutiny and legal consequences under the Companies Act 2006. Directors can document active consideration of these risks to protect from litigation like the recent ClientEarth v Shell case (see further below). Nature-related risks (which encompass, but are…

Save the Children Launches Nature-Based Solutions Hub to Help Combat Climate Crisis for Children

Save the Children Global Ventures has launched a Nature-based Solutions for Children (NbS4C) Hub, seeking to leverage the carbon credit market to fund community-based projects that benefit children and combat the global climate crisis. Through the NbS4C Hub, Save the Children Global Ventures is developing a portfolio of carbon projects in the Asia Pacific, including clean cookstoves in Nepal, improved water technology in Pakistan, mangrove rehabilitation in Vietnam and reforestation in the Philippines. The NbS4C team is also scoping carbon market pilots in East and Southern Africa. Save the Children…

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

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…

Media Smart Supports UK Government’s National Campaign Against Fraud in Scam Awareness Drive

Media Smart is supporting the UK Government’s National Campaign Against Fraud through their scam advertising awareness campaign, as the industry steps up responsibility for helping young people understand advertising and media as part of its broader literacy programme. Research shows over a thousand children and teenagers in the UK are scammed every month.1 Media Smart’s ‘Scam flags add up to a scam’ campaign aims to help 13–18-year-olds identify possible scams and how to avoid them. It will also offer resources on how to report them on social media platforms, Action…

New Book Calls for Advertising to Help Accelerate the Sustainable Economy

A new book, Sustainable Advertising – How advertising can support a better future, is to be published by Kogan Page on March 3 with a case for change and a manifesto for advertising to help build a sustainable economy. It has been written by Advertising Association Communication Director, Matt Bourn and Ad Net Zero Chair, Sebastian Munden, and aims to equip readers with the expertise needed to seize the opportunities of the sustainable economy and play a critical role in its acceleration. The book describes how everyone involved in the…