A new report from eEnergy shared exclusively with CITY A.M. estimates 30 per cent of all purchased energy is currently wasted in commercial buildings, warehouses and education facilities. According to eEnergy’s calculations, this forecasts a staggering £33.9 billion worth of energy waste from UK businesses this year, enough to power Greater London for more than…

Ten companies including Virgin Media 02, and the gas distribution company SGN, will be trialling a new certification scheme called the ‘Route to Net-Zero Standard’, launched by The Carbon Trust.  The new certification will be open to businesses of all sizes and sectors and will not be geographically bound. Businesses will be assessed on their emissions…

The report was issued by the New Climate Institute and not-for-profit Carbon Market Watch and surveyed the net zero pledges of 25 major multinational corporations. Three companies (Maersk, Vodafone and Deutsche Telekom) were praised in the report for their deep decarbonisation plans to cover 90% or more of their whole value chain emissions by their…

Recognising the lack of support available for businesses to achieve sustainability ambitions, NatWest has announced it is launching green loans, and through Lombard, green asset finance propositions for qualifying SMEs, with no arrangement fee. “Climate change is one of the biggest global challenges we face today, and SMEs have a critical role to play in…

A forecast from DriveElectric predicts UK sales of electric vehicles (EV) could almost double in 2022 to 330,000. Hybrid and pure EVs have all increased in sales last year. Sales of electric vehicles in the UK saw a significant increase in 2021, more than the five previous years combined, according to data collected by the…

The UK Government is being taken to court by Friends of the Earth and ClientEarth over its Net-Zero Strategy, as groups claim the plans will not meet legally binding climate targets. Friends of the Earth has announced that it is filing papers for a Judicial Review at the High Court over the Net-Zero Strategy, which…

Wholesale natural gas prices have quadrupled in the past year, and look set to rise even further this year. Here are some effective ways to build resilience through

University of Sussex Business School calls for more efficient datacentres to limit the unsustainable and unchecked growth in internet and online services which represents a very real threat to energy security.

A YouGov poll of over 1,000 senior business decision makers found that more than half of larger companies (250+ employees) surveyed (52%) had a net zero strategy and 61% of these also felt their reputation would be negatively affected if they failed to commit to achieving their carbon targets.