The global drive to net zero couldn’t be more urgent. With 2024 now confirmed as the hottest year ever recorded for the world’s lands and oceans – that is, the average global temperature exceeded 1.5°C above its pre-industrial level – the spotlight is on every business to play its part to ensure the long-term goals of The Paris Agreement don’t become even more vulnerable. In its hugely influential positioning, the legal sector has the opportunity to drive meaningful change in the mission for net zero. Yet Greenarc’s latest research reveals…
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Organizations are increasingly aware of the environmental footprint of Gen AI, but most aren’t able to address it alone
The Capgemini Research Institute’s report into the sustainability of generative AI, ‘Developing sustainable Gen AI’, published today, shows that Gen AI has a significant and growing negative environmental impact. However, many organizations are failing to appropriately track this growing footprint, which is jeopardizing their ESG objectives. As businesses weigh up Gen AI’s ability to drive business growth against the technology’s environmental cost, the report outlines measures to design a responsible and sustainable generative AI strategy. Throughout its lifecycle, generative AI has a significant environmental impact Generative AI adoption has accelerated…
It will take 40 years to close the Gender Pay Gap, Isio analysis reveals
A comprehensive new study has found that it will take another 40 years to close the Gender Pay Gap in the UK at the current rate of improvement. Isio, one of the fastest growing pensions, investment, reward & benefit and wealth advisory businesses in the UK, analysed publicly available data from more than 10,000 companies, and found that while the gap is gradually reducing, it won’t be until 2065 that we reach equality for hourly pay. Isio’s analysis shows that in the last reporting year of 2023/24, women were paid…
Newcastle Building Society puts communities first with £1m donation to help tackle region’s biggest challenges
Newcastle Building Society announces a £1m donation to help improve lives for people across the region, by tackling some of the biggest challenges facing communities in the North East, Cumbria, and North Yorkshire. The donation into the Newcastle Building Society Community Fund boosts the total value of the investment to more than £3.5m, making it one of the largest of its type in the country. The fund, which is held by the Community Foundation Tyne & Wear and Northumberland, is expected to pay out around £150,000 each and every year…
Agreena achieves Verra registration landmark for soil carbon market
Agreena, a Danish climate solutions company, has announced a landmark achievement for its pan-European soil carbon project which covers millions of hectares of arable farmland. The AgreenaCarbon Project has become the first large-scale agricultural cropland project registered under Verra’s Verified Carbon Standard (VCS) VM0042 methodology for Improved Agricultural Land Management. The VCS is the world’s most widely used greenhouse gas (GHG) crediting standard and is endorsed by the Integrity Council for the Voluntary Carbon Market (ICVCM). To achieve registration under the standard, the AgreenaCarbon Project went through several years of…