Search Results for: business

Treasury Taskforce launches latest transition plan resources to help businesses unlock finance for net zero

Stuart Mitchell

The Transition Plan Taskforce (TPT), established by HM Treasury and announced at COP26 in Glasgow in November 2021 has published its final set of resources . There is now an internationally recognised best practice disclosure framework for transition plans, accompanied by a comprehensive suite of resources to support companies and financial institutions globally to mobilise transition finance. Aviva, Legal & General Investment Management, the London Stock Exchange Group (LSEG), NatWest, and Unilever have been members of the TPT. The TPT is co-chaired by Dame Amanda Blanc, Group CEO of Aviva…

Major Indian businesses stay the course on doubling energy productivity under Climate Group’s EP100 initiative

Stuart Mitchell

In a promising push to India’s net zero goals 10 major Indian businesses are on track to double their energy productivity, according to Climate Group’s latest EP100 Annual Disclosure Report.   By being members of EP100 – Climate Group’s global corporate energy efficiency initiative – the businesses have committed to doubling their energy productivity within 25 years of their joining EP100. While the year of joining differs among members, on average they have achieved 64% of their EP100 commitments.   Two EP100 companies – Mahindra Heavy Engines Ltd. and Ultratech –…

Verizon joins RE100 and shares new milestones in its responsible business plan

Stuart Mitchell

Verizon has announced it has joined RE100, a global initiative bringing together the world’s most influential businesses committed to 100% renewable electricity. Led by the Climate Group and in partnership with CDP, RE100’s mission is to accelerate change towards zero carbon grids at scale, an objective that Verizon is proud to support. As previously announced, Verizon aims to source renewable energy equivalent to 100% of its annual electricity usage by 2030, with an interim target of 50% by 2025. “As a core part of our business, Verizon looks to benefit…

UK food-tech business Clean Food Group announces £2.5m funding from Clean Growth Fund

Stuart Mitchell

Pioneering UK-based bio-tech business Clean Food Group has announced a further £2.5 million in funding from Clean Growth Fund, a climate-specific UK venture capital fund, providing UK cleantech entrepreneurs with the expertise and capital they need to reduce carbon emissions and tackle the climate crisis. The funding will be used to accelerate the commercialisation of Clean Food Group’s sustainable oils and fats technology. The proprietary technology platform uses proven, scalable yeast strains and fermentation technology and utilises food waste as its food source to deliver sustainable alternatives to traditional oil…

Businesses, investors welcome new EPA emissions standards for large trucks and heavy-duty vehicles

Stuart Mitchell

Major businesses and investors welcome the heavy-duty vehicle emissions standard unveiled today by the U.S. Environmental Protection Agency, which is projected to have vast economic, climate, and public health benefits by spurring the sale of clean large trucks and other vehicles across the U.S.  “As a nationwide fleet provider, Merchants Fleet is proud of the role we are playing in helping businesses across the U.S. shift to cutting-edge technologies and cleaner vehicles,” said Hari Nayar, vice president of electrification and sustainability at Merchants Fleet. “Stronger emissions standards will help spur…