WOBO is pleased to share information from edie that supports the development of its members and fellow professionals with knowledge and awareness of global activities.
As more standards, frameworks and certification options emerge for businesses, it can be difficult to keep track of the latest developments in this area and then translate the science, data and trends into easy-to-understand and actionable programmes and messages. DOWNLOADNOW
How can you tell whether a business is truly leading on net-zero in 2024?
What does true business leadership on climate look like in the context of converging geopolitical challenges and crises? How can businesses navigate a so-called era of ‘permacrisis’ to deliver meaningful, lasting reductions their value chain emissions? Read more
Cross-party coalition of UK policymakers pledge joint action to tackle climate misinformation
Local leaders from the Conservatives, Labour, Liberal Democrats and Greens have united in a pledge set aside political differences ahead of the local elections and tackle the rising wave of climate misinformation in the UK. Read more
BT partners with UK Business Climate Hub to support SMEs in carbon reduction goals
BT has announced a partnership with the UK Business Climate Hub (UKBCH), aimed at assisting UK small and medium enterprises (SMEs) in reducing their carbon emissions by half by 2030 and achieving net-zero emissions by 2050. Read more
Take our 10-minute survey on climate targets and offsetting
edie is calling on readers to take part in a short survey on sustainable business, with findings set to be used to provide a progress update on the state of corporate sustainability in all industries. Read more
The UN’s ‘first-ever’ sustainability week: What (if anything) was announced?
The UN General Assembly (UNGA) held its ‘first-ever sustainability week’ last week, aimed at propelling the implementation of sustainable practices across critical sectors such as tourism, infrastructure, energy and transport. Here, edie summarises what was said.
EU passes laws combating forced labour and mandating corporate due diligence
The European Parliament has declared a prohibition on the trade, importation and exportation of goods produced through forced labour within the EU single market. Simultaneously, Parliament members have officially ratified the Corporate Sustainability Due Diligence Directive (CSDDD) to address companies’ adverse effects on human rights and the environment. Read more
Nature degradation could slash UK GDP by 12%, research finds
New research has revealed that unchecked degradation of natural ecosystems could lead to a 12% loss to the UK’s GDP in the coming years.
This is based on a new analysis from the Green Finance Institute (GFI), with input from the scientific and financial community as well as the Department for Environment, Food and Rural Affairs (Defra), the Financial Conduct Authority (FCA), HM Treasury (HMT) and the Taskforce on Nature-related Financial Disclosures (TNFD).
This projected economic impact surpasses the blows dealt by both the 2008 global financial crisis and the Covid-19 pandemic, underlining the urgent need for action to mitigate these risks.
Moreover, the findings highlight that nature-related risks pose a level of economic threat comparable to, if not more significant than, those stemming from climate change.
According to research, the climate crisis could shrink the UK economy by more than 7% by the end of the century, unless global efforts to reach net-zero emissions are ramped up.
However, despite the increasing recognition of the economic costs associated with climate risks, the impact of nature degradation has not been adequately factored into financial decision-making processes, leaving the economy vulnerable.