Time to switch on to ESOS Phase 2

Posted by Lucy Haines on 24-May-2018 09:31:25

The UK Government’s Energy Savings Opportunity Scheme (ESOS) has now entered phase 2. That means the relevant companies are required to be compliant by 5th December 2019. Before you stop reading in the comfort that you have plenty of time, we want to tell you why we’re advising companies that the time to start the process is now.

 

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Topics: energy management, energy efficiency, ESOS Phase 2, ESOS, environmental compliance

The Order in Disorder: Aligning Environmental Disclosure frameworks

Posted by Lucy Haines on 17-May-2018 09:42:40

The sustainability disclosure landscape is a bit of a maze. Fragmented and at times confusing, it has been a source of frustration to many organisations seeking direction on their sustainability reporting choices. However, there is growing endeavour to create alignment and comparability across the frameworks, and the arrival of the TCFD recommendations last year has strengthened the call for continuity.

This article seeks to show the emerging order in the disorder and why establishing more alignment in disclosures is becoming an increasingly important common goal in the field of sustainability.

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Topics: CDP, Sustainability Reporting, TCFD, DJSI, environmental disclosures, GRI, integrated reporting

Behind the scenes of the science-based target movement

Posted by David Keddie on 08-May-2018 10:47:05

The corporate momentum behind setting meaningful Science Based Targets (SBTs) on carbon reductions is building with the total count of companies that have either publicly committed to or set SBTs now sitting at a healthy and ever-increasing total of 406 organisations. It is great to see progress being made recently, including many large players such as AB InBev, McDonald’s, Ericsson and Suez having had their SBTs formally set and approved by the Science Based Targets Initiative (SBTi) in the first quarter of 2018 alone.

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Topics: paris agreement, Scope 3, Science based targets, SBTi, emissions targets

TCFD and CDP: 10 Questions Answered

Posted by Lucy Haines on 30-Apr-2018 11:37:43

In April we hosted a webinar about the TCFD recommendations, specifically how they will impact CDP disclosures this year.

Here we look at some of the questions that were asked during the webinar to give you an insight into how to maximise your disclosure this year and in the future

You’ll find the full webinar broadcast here too.

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Topics: CDP, Sustainability Reporting, Science based targets, Taskforce on Climate-Related Financial Disclosures, TCFD

Connecting the SBTi with the TCFD

Posted by Marientina Laina on 30-Apr-2018 11:29:17

SBT and TCFD are two acronyms that are here to stay. The new buzz words in sustainability, they are Science-Based Targets and the Task Force on Climate-related Financial Disclosures respectively. Here we explore how these two growing initiatives are connected and what this means in practical terms for businesses and investors.

The SBT initiative (SBTi) was established by the World Resources Institute (WRI), CDP, the World Wide Fund for Nature (WWF) and the UN Global Compact (UNGC). It asks companies to publicly commit to setting carbon emission reduction targets that are in line with climate science. So far, 390 companies across different sectors have committed to do so and over one hundred companies already have their targets validated by the SBTi.

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Topics: Science based targets, Taskforce on Climate-Related Financial Disclosures

Against the Clock: The Palm Oil Problem

Posted by Lucy Haines on 17-Apr-2018 16:13:39

Palm oil is once again a hot topic in sustainability with the announcement by Iceland that they will stop using Palm Oil in all their own brand food by the end of this year. This has possibly been spurred on by a recent report by Greenpeace entitled, ‘Moment of truth’. The publication claims that firms are unlikely to meet their pledges on eliminating deforestation from palm oil production. Pressure is mounting for organisations to act as the charity takes aim at those failing to display transparency on the matter, with no qualms about naming and shaming.

In 2010 members of the Consumer Goods Forum made a promise to clean up the palm oil supply chains and achieve zero net deforestation by 2020. Less than two years left to come good on this commitment, and with a rush for bio-fuels creating a surge in demand and high deforestation rates persisting, it seems time is running out to meet this goal.

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Topics: emissions, Palm Oil, supply chain, deforestation

Fuelling Change & Preservation in Kenya

Posted by Lucy Haines on 12-Apr-2018 12:53:41

This week is Africa Climate Week. Officials from eight African countries and the UN are convening in Nairobi for a week-long conference, the purpose of which is to support the implementation of Nationally Determined Contributions (NDCs) under the Paris Agreement as well as assist delivery on the Sustainable Development Goals (SDGs).

In support of the endeavours of the conference this week and to highlight the importance of their mission, we are featuring the EcoAct Group’s offsetting project in Embu County, in the foothills of Mount Kenya. This project demonstrates the challenges faced by local communities and how a cheap and efficient solution is driving positive change both socially and environmentally.

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Topics: paris agreement, Sustainable Development Goals, Carbon Offsetting, Africa Climate Week

A sustainable maritime industry in a 2°C scenario - has the ship already sailed?

Posted by Joe Beviss on 05-Apr-2018 10:39:02

Shipping has long been a fundamental enabler of trade, although its important role may go unnoticed. Think about where the clothes you are wearing were made and how they arrived here. What about your phone? How did its components all come together to reach your hand right now? It's very likely that shipping played a role in both examples. How is this all made possible?

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Topics: Sustainable Development Goals, Science based targets, emissions, Shipping

Top ten takeaways: The world energy outlook

Posted by Marientina Laina on 05-Apr-2018 10:31:17

We recently attended Fatih Birol’s presentation in advance of the International Energy Agency’s (IEA) first publication of the Global Energy and CO₂ Status Report. Their flagship publication, World Energy Outlook, was published in November 2017.

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Topics: International Energy Association, energy, IEA

Scenario Analysis: future-proofing your organisation

Posted by Lucy Haines on 27-Mar-2018 12:39:04

The uncertainties regarding the future state of the earth’s climate are vast. With the potential for many different climatic conditions, preparing businesses and the economy for the future poses a great challenge. To tackle this, increasing attention is being given to scenario analysis.

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Topics: Taskforce on Climate-Related Financial Disclosures, scenario analysis

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