Tag: Net Zero

The Tesco PLC Pension Scheme and the Tesco Retirement Savings Plan commit to target Net Zero by 2050

Stuart Mitchell

The Tesco Plc Pension Scheme and the Tesco Retirement Savings Plan will aim for the investments in both schemes to be net-zero by no later than 2050. Combined, the two pensions schemes have over 345,000 members and assets of over £24bn. Tesco and the trustees of their pension schemes regularly review these investments to make sure they meet their top priority of helping this money grow as much as possible, while keeping it safe. An important part of being able to do this is to invest responsibly. Ruston Smith Chair…

Read More

Microsoft joins global group of companies that will support NHS journey to Net Zero

Stuart Mitchell

Microsoft has teamed up with other large NHS suppliers from across the world to support the health service’s plan to become more environmentally friendly. The NHS aims to reach Net Zero carbon emissions by 2045 after warning that climate change will disrupt healthcare, with poor environmental health contributing to major illnesses such as asthma, heart disease and cancer. More than 60% of the NHS’s carbon footprint is based within its supply chain, and the organisation uses products from more than 80,000 suppliers that provide medical equipment, food, business and office…

Read More

Leckford farm innovation will help accelerate Waitrose’s net zero ambitions

Stuart Mitchell

The Waitrose farm on the Leckford Estate will be a test bed for farming innovation over the next 15 years and will be critical in helping Waitrose play its part in helping to tackle climate change.  Writing to customers, James Bailey, executive director of Waitrose, explains: We pledged last year that our UK farm-supplier network would be net zero by 2035 and while it is going to be challenging to get there, there’s no doubt in my mind how pivotal this will be in the fight against climate change.  So…

Read More

Stagecoach launches new sustainability strategy with call for “radical behaviour change and incentives to reward the right choices” to make net zero a reality

Stuart Mitchell

Stagecoach has launched a new long-term sustainability strategy with a call for “radical behaviour change and incentives to reward the right choices” to make national government net zero ambitions a reality. The company, publishing its roadmap to becoming a carbon neutral business by 2050, also warned that national and regional government needed to address the “contradictory policies and mixed messaging being sent to citizens” over climate change action. Stagecoach’s strategy – Driving Net Zero: Better Places to Live and Work – aims to help create a greener, smarter, safer, healthier…

Read More

En+ Group confirmed its commitment to achieving Net Zero at COP26

Stuart Mitchell

En+ Group, a leading vertically-integrated producer of low-carbon aluminium and independent hydropower, confirmed its commitment to achieving Net Zero at the COP26 UN Climate Change Conference in Glasgow. The two-week climate conference has been attended by the heads of state and business representatives from more than 120 countries. One of the key COP26 initiatives has been the Glasgow Financial Alliance for Net Zero (GFANZ). It has grown 25-fold since April to include 450 firms from 45 countries. Participants include commercial banks, insurance and audit companies, pension funds, rating agencies and…

Read More