Business plans - September

1st September 2016

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  • Reporting ,
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Lu Yang

A round up of the latest environmental business news including Virgin Media, UPS and Apple.

In the first year of Virgin Media’s ‘Five in Five’ sustainability strategy, the telecoms and media business reduced its absolute scope 1 and 2 carbon footprint by 6.1%. The firm said this had been achieved through energy-efficiency projects and a major reduction in vehicle journeys. In 2015, Virgin Media reduced journeys by more than 800,000, which equated to a decrease of more than 2.3 million miles. Meanwhile, efficiency projects enabled the firm to increase the data on its network by 45% while reducing the CO2e per terabyte of data by 35%. Five in Five is Virgin Media’s pledge to deliver five key sustainability goals in five years (by 2020).

Transport and delivery business UPS has achieved its goal of driving one billion miles in its alternative fuel and advanced technology fleet one year earlier than planned. The US-owned firm set the target in 2012. It said about 12% of the conventional diesel and petrol fuel previously used by its ground fleet had now been replaced by alternative fuels. More than 7,200 vehicles have been involved in the company’s Rolling Lab alternative fuels strategy. By the end of the year, UPS will have invested $750m in alternative fuel and advanced technology vehicles worldwide since 2009.

Apple has announced that a major Chinese supplier, Lens Technology, has committed to use renewable energy to power all of its glass manufacturing for the US technology firm’s products by the end of 2018. Apple said Lens Technology would meet the goal, which will avoid nearly 450,000 tonnes of carbon dioxide emissions each year, through power purchase agreements with local wind projects.

Doosan Babcock, the UK operation of Korean corporation Doosan, has been awarded the Carbon Trust Standard in recognition of the power equipment manufacturer’s drive to cut greenhouse-gas (GHG) emissions. The firm’s commitment to reducing emissions started in 2012 with the quantification and reporting of GHG data across its operations. The standard confirms a sustained reduction in emissions by Doosan Babcock over the subsequent three-year period and plans to cut them further.

Transform articles

Water companies fail to hit environmental targets

None of England’s water and sewerage companies achieved all environmental expectations for the period 2015 to 2020, the Environment Agency has revealed. These targets included the reduction of total pollution incidents by at least one-third compared with 2012, and for incident self-reporting to be at least 75%.

30th July 2021

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The UK’s pipeline for renewable energy projects could mitigate 90% of job losses caused by COVID-19 and help deliver the government’s ‘levelling up’ agenda. That is according to a recent report from consultancy EY-Parthenon, which outlines how the UK’s £108bn “visible pipeline” of investible renewable energy projects could create 625,000 jobs.

30th July 2021

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Billions of people worldwide have been unable to access safe drinking water and sanitation in their homes during the COVID-19 pandemic, according to a progress report from the World Health Organisation focusing on the UN’s sixth Sustainable Development Goal (SDG 6) – to “ensure availability and sustainable management of water and sanitation for all by 2030”.

30th July 2021

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The oil and gas industry is set to burn through its allocated carbon budget 13 years early unless decisive action is taken immediately, new analysis has found.

22nd July 2021

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The UK will no longer use unabated coal to generate electricity from October 2024, one year earlier than originally planned, the Department for Business, Energy & Industrial Strategy has announced.

2nd July 2021

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The UK government is not on track to deliver on its promise to improve the environment within a generation and is failing to stem the tide of biodiversity loss, a damning new report from MPs has revealed.

1st July 2021

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Renewable energy will account for nearly 40% of the world's power mix by the end of this decade, overtaking coal within the next few years, according to research by GlobalData.

24th June 2021

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The UK's solar energy capacity must treble over the next decade for the country to achieve net-zero emissions by 2050, but is only set to double under a business-as-usual scenario.

18th June 2021

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The Taskforce on Nature-related Financial Disclosures (TNFD) has today been launched to support financial institutions and corporates in assessing and managing emerging risks and opportunities as the world looks to reverse biodiversity loss.

4th June 2021

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