NEWS - SUSTAINABLE BUSINESS
Sixteen businesses that have accessed responsible business finance have been announced as finalists at the Citi Microentrepreneurship Awards.
The awards, which are run by the Citi Foundation in partnership with Responsible Finance, are a celebration of the best emerging micro-entrepreneurs and the responsible business finance providers that support themRead more >>
A £70 million regeneration plan to support growth and community development in London has been launched by the city’s mayor, Sadiq Khan.
The Good Growth Fund, which is part of “A City For All Londoners”, a document that outlines Khan’s growth plans for the city, will help to improve London’s community and support innovative projects that create new jobs.Read more >>
The value of nuclear energy, and in particular the troubled Hinkley Point, is being questioned in light of the possibilities offered by alternative and renewable technologies.
One of Hinkley Point’s main advantages is offering continuous, “on-all-the-time” power. However, technology and its lower costs may be erasing the need for the plant to be built.Read more >>
Steel and chemicals industries will be amongst the big users of energy that will benefit from being exempt from paying environmental tariffs.
The announcement was made in Chancellor George Osborne's Spending Review and Autumn Statement and is seen as his response to demands for help for the beleaguered steel industry in the UK.Read more >>
According to the International Energy Agency (IEA), the pressure on oil prices is likely to extend into next year due to a record glut on the global market.
The latest monthly report from the IEA said that stockpiles now stand at a record three billion barrels. The news affected the European stock markets on Friday, with the FTSE 100 dropping by almost 1%.Read more >>
The results of a new study by Big 4 firm Deloitte has highlighted the state of the supply-chain between the oil and gas industries.
The highly respected business-advisory group, under which tens of thousands of dedicated professionals in independent firms throughout the world work together to provide services, has called for action to make sure the UK economy reaps the full benefits of the country's natural resources.Read more >>
HM Revenue and Customs has set out how a business can reimburse employees for costs incurred by using electric cars for work purposes.
Previously, HMRC’s failure to recognise electricity as a type of fuel has been used by some companies as a reason for not making more use of the eco-friendly vehicles in their fleets.Read more >>
Yesterday, commodity prices declined and caused a 2% drop in morning trade on the UK market.
This meant the benchmark FTSE 100 fell below the 6,000 level, with mining shares leading the fall after commodity prices continued their downward trend.Read more >>
Governments should ramp up investment in research to power innovation in renewable energy, says Bill Gates.
Philanthropist Bill Gates has called on governments to shift to funding research into renewable energies, instead of merely subsidising it.Read more >>
Recent research has revealed that 68 per cent of workers in the UK claim to care about energy efficiency in the work place.
The British Gas Business survey, carried out by YouGov, also found that 22 per cent of these workers said they care ‘a great deal’ about saving energy at work. Almost two thirds of those who responded confirmed that their company does make an effort to save energy.Read more >>
As solar farms continue to multiply in number across the UK, we consider the impact this will have in the future.
The UK is becoming increasingly fond of solar power, with solar farms springing up in all four corners of the country. Preliminary figures show that, in 2014, the UK installed the most new solar power capacity out of all European countries, with current figures illustrating that the country is on track to retain its title this year.Read more >>
While the world studies the environmental impacts of climate change, what are the potential financial risks that businesses face?
Climate change “can no longer be denied”, according to US president Barack Obama. Data shows that increasing amounts of public money in the US is being spent on environmental protection.Read more >>
Areas local to Gatwick airport could benefit from the largest oil find in the last 30 years.
After a well was drilled in the vicinity of Gatwick airport last year, analysis has revealed that there may be up to 100 billion barrels of oil in the local area of Horse Hill, according to exploration firm UK Oil & Gas Investments (UKOG).Read more >>
Could energy efficiency help businesses? We look into the impact sustainable design and green buildings could have on the UK economy.
Construction firm Balfour Beatty recently created the UK’s most environmentally friendly building for Girton College at the University of Cambridge. The new student halls receive half of their energy from renewable sources with a design that surpasses efficiency guidelines by 40%.Read more >>
Global investments in green energy surged by 17 per cent in 2014 to $270 billion.
The world witnessed a strong rebound in global green energy investment last year, despite the price of crude oil sharply declining from mid to late 2014, according to a report from the United Nations Environment Program (UNEP).
It was the first annual increase in dollars invested in and committed to renewables (excluding large hydro-electric projects) in the last three years, as total investment grew by 17 per cent to $270 billion.Read more >>
An interactive map has revealed previously hidden locations of renewable water source heat which could soon be heating up to one million homes across England.
The innovative Water Source Heat Map has revealed secret energy in over 4,000 rivers, estuaries, canals and coastal sites across the country. Together, these sources could provide over six gigawatts of low-carbon heat to homes and business premises across the country.Read more >>
Five top innovative startups have emerged from this year’s Cleantech Forum in San Francisco.
The theme of this year’s Cleantech Forum centred around the adoption of renewable energy, and how utilisation of the cloud, big data, and the internet of things could help further this goal.Read more >>
Experts from the EU and UK head to India on a mission to give green guidance to SMEs.
Green initiatives will be introduced to India following a project with backing from the UK’s Aston University and Kolkata’s Jadavpur University.
The project will bring experts from the UK and the EU to India to bring their expertise and knowledge of best practices in the supply and value chain.Read more >>
Nature and the environment is especially important to the British public, according to a new survey.
Nearly a third of the British public consider themselves to be very environmentally friendly, according to a recent survey commissioned by Nationwide Building Society.
It seems that nature and the environment is becoming increasingly important to residents of the UK, especially since almost two-thirds of respondents said they were willing to pay more for environmentally sustainable products.Read more >>
Investment in renewable energy is rising, putting the UK on track to meet its clean energy commitments.
Clean energy in the UK continues to be a hot topic, especially since the government committed to produce 15 per cent of its energy from renewable sources by 2020. Investors in renewable energy range from venture capitalists and the government, to crowdfunded initiatives like the Trillion Fund, which means there’s a lot of money being pumped into sustainable energy.Read more >>
The US bank Citigroup will commit $100 billion to tackle climate change over the next ten years.
America’s third-largest financial institution, Citigroup, has promised to invest $100 billion over the next decade to fund environmental projects and battle climate change.Read more >>
Planning consent has been granted for the UK’s first sustainable business park to be built in Kent.
Plans to build the UK’s first sustainable business park have been given the go ahead in Kent. The £40 million construction project is part of an overarching £120 million scheme to regenerate an economically deprived part of the UK and will transform the old Betteshanger colliery into a hub for business, sustainability and education.Read more >>
The top 10 most sustainable cities are dominated by those from Europe and the UK.
European cities fill most of the top ten positions in a list of the most sustainable cities in the world. Sustainability is crucial in the forward-thinking society that we live in.Read more >>
The Natural Capital Committee’s report suggests investment in nature will encourage economic growth in the UK.
Everybody should band together to protect the UK’s “natural capital” in an effort to support economic growth in Britain, according to the final report from the Natural Capital Committee (NCC).Read more >>
A look at some of the world’s top sustainable businesses according to Corporate Knights 2015 Global 100 index.
In today’s increasingly environmentally aware world, businesses need to do all they can to ensure they minimise their impact on the globe. It’s with this aim in mind that Corporate Knights collates data to determine which firms are making careful use of resources, to make the most of their capital and ensure employees are achieving all they can.
Corporate Knights uses publicly disclosed information from global companies, ranging from mid- to mega-sized companies that have a market cap above $2 billion dollars, to evaluate 12 key performance indicators (KPIs) for calculating their rankings. The results are then released every year at the World Economic Forum in Davos.Read more >>