Housebuilder Vistry ties bosses pay to carbon cutting efforts September 3, 2021 Housebuilder Vistry has confirmed it will link its executives pay to sustainability targets from next year onwards, amid the UK’s push for net zero. The new practice appears a tangible effort to make the carbon-heavy construction and housebuilding sector more sustainable, ahead of the UN’s flagship climate conference COP26 in November. While bosses have been [...]
Scotland a world leader on climate change? Absolutely not, says Greta Thunberg August 31, 2021 Scotland should not be seen as a world leader on climate change, as the Scottish Government claims, according to climate activist Greta Thunberg. The Swedish teenager said she has not yet decided whether she will travel to COP26, the global UN climate conference in Glasgow next month, but will do if it is “considered safe [...]
Extinction Rebellion protesters block Tower Bridge August 30, 2021 Extinction Rebellion protesters are currently blocking Tower Bridge in London with a van and caravan. Activists are also lying on the ground near the London landmark to protest against government investment in fossil fuels as part of their fifth wave of mass protests on environmental issues. Demonstrators were seen at the end of the famous [...]
‘Full-blown recycling crisis’ looms over UK, DS Smith boss warns August 27, 2021 A “full-blown recycling crisis” is looming in the UK, the boss of London-listed packaging firm DS Smith has warned. With the UK trying to up its environmental commitments ahead of the UN’s flagship climate conference COP26 in November, DS Smith chief executive Miles Roberts has said the country is “throwing away” opportunities that could help [...]
US’s John Kerry pressures China to stop financing coal August 27, 2021 The US’s climate envoy John Kerry will press Chinese leaders to declare a moratorium on funding coal-fired projects. Kerry plans to visit China next week to request that Beijing formally halts funding for coal based projects as part of plans to reduce global emissions. So far this year, Beijing has not offered any financing to [...]
Deadly floods in UK and Western Europe 20 per cent more likely in future August 25, 2021 Climate change has made deadly floods in the UK and Western Europe at least 20 per cent more likely to happen in the near future, according to a new study shared with City A.M. today. Watch the full report.
Impact investing is increasingly a buzzword in the City as millennial investors take over August 24, 2021 Impact investing, the strategy to make financial profits but create a long-standing, positive impact on our world, in the process, is becoming increasingly ‘a thing’ in the City and other financial hubs around the world. Many investors are hyper-aware of what is happening around them, with factors such as corporate social responsibility (CSR) making a [...]
Extinction Rebellion: Giant climate talk table set up in Trafalgar Square August 23, 2021 Climate activist group Extinction Rebellion have erected a giant pink table in the centre of London today, in their bid to ensure everyone gets a seat at the table of discussion when it comes to the warming climate and its impacts. The four-metre structure, which reads “come to the table” and has been fit [...]
Extinction Rebellion protests cost over £50m August 21, 2021 The cost of policing Extinction Rebellion protests are over £50m, and is expected to rise with more demonstrations planned over the next few weeks, according to reports. The Metropolitan Police’s gold commander for the demonstrations, Rachel Williams, said the figure included the response to two protests in 2019 and one in September last year, when [...]
98 per cent of London schools in areas with toxic air quality August 18, 2021 Almost every London school is in an area where air pollution levels exceed World Health Organisation limits, a City Hall analysis suggests. According to the 2016- 2020 report, the average concentration of particulate matter was a third higher at schools in London than in the rest of England. Figures show 98 per cent of schools [...]