2021 kicks off with good news for the environment: US climate commitments, COP26 on horizon and investors calling for TCFD reporting
One month into 2021 and we are pleased that the year has kicked off with some good news for the environment. President Joe Biden began his presidency by signing a host of executive orders that focused on climate action. These included re-joining the Paris Agreement, reducing emissions and committing to a huge investment of $400 billion in clean energy research and innovation over 10 years. Read more Leading investors have announced initiatives to make climate change and other sustainability issues a cornerstone of their investment strategy. BlackRock has urged companies to report under the Task Force on Climate-related Disclosures (TCFD) and Schroders has written to the UK’s largest companies asking them to publish detailed and fully costed transition plans on climate change, demonstrating how climate related risk is now firmly in the mainstream. Momentum around COP26 is growing. This COP is a chance for governments and businesses to demonstrate true leadership on net zero transition. We expect to see a lot of climate activity and more commitments to net zero as we head towards November. So while there is evidently plenty still to do, we remain hopeful that this will be a year of climate action. | Unlocking the potential of Blue Carbon As more and more net zero targets are set, the creation and restoration of carbon sinks via nature-based solutions is paramount. Coastal ecosystems, with their enormous capacity for carbon storage, are a vital part of the solution. Our latest Blue Carbon factsheet looks at the potential carbon storage of coastal ecosystems, the economic tools needed to protect and restore them and how we mobilise the finance needed to unlock its potential. | Life Cycle Assessment case study BioCarbon Laminates EcoAct helped BioCarbon Laminates become the UK’s first carbon neutral laminate. We carried out a comprehensive Life Cycle Assessment (LCA) that analysed carbon emissions, non-renewable energy use and water. It is an industry first that provides architects and builders with a sustainable option that is fully verified to the highest environmental standards. Read the full case study | Atos joins the Climate Neutral Data Centre Pact Demand for data is increasing significantly and so too is its environmental impact. EcoAct parent company, Atos has doubled down on its sustainability commitments by joining the Climate Neutral Data Centre Pact, which seeks to substantially reduce the impact of data centres through energy efficiency, water monitoring and use of clean energy. It aligns with the European Data Strategy to make EU data centres net zero by 2030 and supports the EU’s 2050 net zero target Read more | How environmental sustainability can boost business profits While the benefits of environmental sustainability for long-term business success are numerous, the main competitive advantages can be broken down into three clear categories: investors, customers and legislation. We highlight how a well-developed corporate sustainability strategy can provide notable business benefits as well as advancing climate action. Read more | We’re hiring Are you passionate about helping businesses to solve their environmental challenges? You could be the person we’re looking for. Click on the button below to find out more about our exciting career opportunities | |