Pension funds need net-zero ‘paradigm shift’

Pension fund net-zero transition plans are dramatically underestimating the risks and opportunities presented by climate change, experts say. A new report from the Economics of Energy Innovation and System Transition (EEIST) project, led by the University of Exeter, argues for fundamental change in the way the investment industry thinks about climate change. The report calls on pension funds and other asset owners to adopt “decision-useful climate scenarios” – using plausible real-world narratives to develop and implement bespoke transition plans. This would protect assets and support the net-zero transition – so…

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Customer experience a vital but overlooked component to successful circular business models, report argues

Businesses looking to adopt circular economy business models are failing to focus on customers, a new report reveals. The report, An Exploration of Customers and the Circular Economy, finds that business models where products and materials are kept in circulation through processes such as reuse, repair, remanufacture and recycling, can only succeed with better support and communication with customers. Researchers from the Exeter Centre for Circular Economy and consultancy Clarasys, embarked on a year-long investigation focusing on providers of food, drink, retail and household appliances, which involved a literature review…

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Limiting global warming to 1.5°C would save billions from dangerously hot climate

Current climate policies will leave more than a fifth of humanity exposed to dangerously hot temperatures by 2100, new research suggests. Despite the Paris Agreement pledge to keep global warming well below 2°C (compared to pre-industrial levels), current policies are projected to result in 2.7°C warming by the end of the century. The new study, led by researchers at the Global Systems Institute, University of Exeter, associated with the Earth Commission, and Nanjing University, assessed what this would mean for the number of people living outside the “climate niche” in…

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UK biodiversity renewal project to revive nature and communities receives £10 million investment

Researchers at the University of Exeter have received £10 million to investigate and tackle biodiversity loss in the UK through partnerships and community action. The ‘Renewing biodiversity through a people-in-nature approach’ (RENEW) project will work with landowners, businesses, and communities to restore woodlands, wetlands and farmland across England, Northern Ireland, Scotland and Wales. The project will put people at the centre of action on biodiversity renewal and build expertise across different sectors and communities to address the environment and climate crisis.  The collaboration between the University of Exeter and the…

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University of Exeter staff and students rewarded for sustainable actions

Staff and students at the University of Exeter will be rewarded for taking action on climate change through the launch of a new scheme. Green Rewards is an online platform and app that enables users to record positive sustainable and wellbeing actions across a number of themes, such as recycling, travel and sustainable shopping, in order to earn ‘Green Points’. Green Points can be earnt in a number of ways, including; pledging to use less plastic, reducing carbon emissions by walking more and opting to make more sustainable food choices,…

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