Co-op Insurance celebrates 15 years of carbon offsetting as Co-op Group launches new net zero target

Co-op Insurance is marking fifteen years of offsetting CO2 car emissions – over one million tonnes – at the same time as Co-op Group unveils an ambitious new climate change action plan which will see it achieve net zero status by 2040, ten years ahead of the Government’s own ambition. The plan, released earlier this year (5 May), sets out targets, endorsed by the Science Based Targets initiative (SBTi), to cap global temperature increases and meet the goals of the Paris Agreement, which came into force in 2016 and created…

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£400bn additional infrastructure spend needed to meet Net Zero target

Up to £400bn of investment is required in green infrastructure over the next decade if the UK is to meet its ambitious Net Zero target, according to a new report by PwC commissioned by the Global Infrastructure Investment Association (GIIA). The Unlocking Capital for Net Zero Infrastructure report outlines how existing UK infrastructure requires significant investment to deliver Net Zero. The report estimates that £40bn investment per year is required in new low carbon and digital infrastructure, if the Government’s 2050 target is to be met. This represents nearly a…

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