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Investors Call For Climate Strategy Vote At UK’s Largest Listed Companies

Stuart Mitchell

Local Authority Pension Fund Forum (LAPFF) and CCLA, supported by investors representing £1.6 trillion AUM, have written to the chairs of 76 FTSE 100 companies that have not held a vote on their climate transition plans in the past three years setting out their expectations ahead of next year’s AGM season. The letter notes that investors expect companies to set out credible transition plans, that include Paris-aligned targets and detailed strategies for achieving those goals. To enable shareholders to make informed investment and stewardship decisions, companies should outline their climate…

Vattenfall sets circular economy target for permanent magnets

Stuart Mitchell

Vattenfall has announced its commitment to achieving 100% circular outflow of permanent magnets from their wind farms decommissioned from 2030 onwards. This initiative marks Vattenfall as the first developer to commit to a detailed circular economy target for these crucial components. Permanent magnets are integral to wind turbine functionality, especially for direct drive turbines, and depending on size, turbines are housing between one to eight tons of these magnets. The amount of 1 ton of permanent magnets would be sufficient for use in approximately 20,000 standard home loudspeakers. These magnets…

WFA launches new call for agency cost data

Stuart Mitchell

The WFA is relaunching its Agency Cost Index (ACI) tool to support members as they seek to gain a better understanding of what the costs of using agency services might look like globally. To refresh the voluntary tool, however, it needs more updated, anonymized and aggregated input to ensure that it remains up to date. The voluntary call for data comes following a refresh of ACI to ensure it stays in check with industry trends, and remains one of WFA’s various tools that can help marketers make more informed decisions…

Sainsbury’s first major UK retailer to vacuum pack all lamb mince

Stuart Mitchell

Sainsbury’s has announced it is swapping traditional, plastic tray packaging for a new vacuum-packed alternative across its entire fresh lamb mince range, saving 26 tonnes of plastic annually. Another supermarket-first for Sainsbury’s, the new packaging will result in a minimum 65% reduction in plastic per product. The change will be across all Sainsbury’s fresh lamb mince products, which start at just £3.95 for 250g. Customers will be able to purchase lamb mince in the revamped packaging both in-store and online from today. The lamb mince products will be vacuum-packed for…

CIPR writes to all MPs with guidance on professional lobbying

Stuart Mitchell

The Chartered Institute of Public Relations (CIPR) has written to all MPs with updated guidance on professional lobbying as part of its Lobbying for Good Lobbying Campaign. The Institute has joined forces with political monitoring and analysis platform, PolicyMogul, to send all MPs an updated Guide to Professional Lobbying booklet and an accompanying poster outlining key behaviours to expect from professional lobbyists. The campaign aims to promote the importance of ethical lobbying in the UK by changing legislation to increase transparency and rebuild trust in politics. To further this effort, the CIPR and PolicyMogul are hosting an event in Parliament on Wednesday 4 September 2024 on how to be lobbied and have invited all MPs, Lords,…