A group of 114 companies including major multinationals such as Ikea, Walmart, Dell and Sony have signed up to the Science Based Targets Initiative (SBTI) at the COP21 summit in Paris.
Around two thirds of the 10,000 companies eligible for the Energy Savings Opportunity Scheme (ESOS) have complied within the deadline, leaving more than 3,000 yet to contact the scheme’s regulator.
Businesses that ignore the threats of climate change and do not improve their efficiency practices are putting the lives of many people at risk, Unilever chief executive Paul Polman has said.
Two energy efficiency companies have been named among the fastest growing private companies in the UK despite the “tumultuous” year for the market following significant changes to government policy.
A new task force is to be established by the Financial Stability Board (FSB) to develop voluntary disclosures advising companies of the financial risks posed by climate change.
Former mayor of New York Michael Bloomberg is to head an international task force established by Bank of England governor Mark Carney to educate businesses about the risk climate change poses to them.
Work has begun to improve the energy efficiency of a number of homes on a housing estate in north Powys following an investment of £2 million from the Welsh government.
Home improvement retailer Kingfisher has announced plans to invest £50 million in renewable energy across its network of locations in an effort to reduce energy consumption from the national grid by 10% in the next two years.
