Tag: carbon emissions

Virgin Media O2 reduces carbon emissions by the equivalent of almost 15,000 UK homes’ annual energy use in 2023

Stuart Mitchell

New figures released recently show that Virgin Media O2 reduced carbon emissions (Scopes 1 and 2) by 23% last year – the equivalent of emissions caused by the annual combined energy usage of 14,883 UK homes. Since launching its sustainability strategy, the Better Connections Plan, in 2022, the company has reduced such emissions by 45% against its 2020 baseline, and is on track to achieve net zero carbon emissions across its operations, products and supply chain by the end of 2040 – 10 years ahead of the UK’s net zero…

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Top 10 UK housebuilder commits to reducing carbon emissions by more than half by 2032, as annual results are announced

Stuart Mitchell

Keepmoat, one of the UK’s leading partnership homebuilders, has released its Group financial results for the year ending 31 October 2023. The business has once again performed well delivering a record number of new homes and a strong financial result against the backdrop of economic uncertainty, which characterised much of the year.  Keepmoat Key Stats at a glance: Revenue increased by over 11% to £864.6m (12 Months to October 22: £778.1m) EBITDA  £101.4m Average selling price increased by 3.4% to £211,000 Delivery of 4,074 new homes Continuing 5-star builder status…

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Costa Coffee commits to halving carbon emissions per coffee serving by 2030

Stuart Mitchell

Costa Coffee, has committed to become Net Zero by 2040, and has set a science-based target to halve emissions per serving of coffee by 2030.  Its 2030 target has been approved by the Science Based Targets initiative (SBTi) – the internationally-recognised partnership between CDP, the United Nations Global Compact, World Resources Institute and the World Wide Fund for Nature. Understanding the scale of the transition In setting its target, Costa Coffee has evaluated its entire value chain, from coffee farms through to its unique takeaway waffle cups. It found that…

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Thousands pledge with #MakeItFeelRight movement to combat carbon emissions from the fashion industry

Stuart Mitchell

According to the UN, the fashion industry is responsible for 8-10% of global carbon emissions. Fast fashion has only exacerbated the problem as consumers are increasingly purchasing clothes with reduced shelf lives. The world is striving to achieve net zero carbon, but the reality is that fashion brands simply aren’t doing enough. In response to growing climate concerns, TENCEL™ brand revitalized the #MakeItFeelRight campaign to raise awareness and inspire action to make a change. By pledging to #MakeItFeelRight, consumers can do their part to drive the industry toward a more sustainable…

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Carbon emissions of richest 1% set to be 30 times the 1.5°C limit in 2030

Stuart Mitchell

The carbon footprints of the richest 1 percent of people on Earth is set to be 30 times greater than the level compatible with the 1.5°C goal of the Paris Agreement in 2030, according to new research out today. It comes after delegates grapple with how to keep this goal alive at the COP26 meeting in Glasgow. In 2015, governments agreed to the goal of limiting global heating to 1.5°C above pre-industrial levels, but current pledges to reduce emissions fall far short of what is needed. To stay within this…

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