Tracy Vegro OBE

📚 TNFD publishes new guidance – June 2024    Today, the #TNFD has published final Additional sector guidance for eight real economy sectors to apply the LEAP approach alongside updated Additional guidance for financial institutions to apply the TNFD Recommendations and final Guidance on value chains. This follows an 18-month process of iterative development, including extensive consultation with the TNFD’s knowledge partners and market participants.    Additional sector guidance -  Aquaculture - https://lnkd.in/dH7WbWVr  Biotechnology and pharmaceuticals - https://lnkd.in/dqBcrPjC  Chemicals - https://lnkd.in/dcEt3dGN  Electric utilities and power generators - https://lnkd.in/dJHwQnZh  Food and agriculture - https://lnkd.in/dsFRsymw  Forestry, pulp and paper - https://lnkd.in/d4uzec2n  Metals and mining - https://lnkd.in/dJsrk_-V  Oil and gas -  https://lnkd.in/d4Ht6mPp Additional guidance for financial institutions - https://lnkd.in/dP-C7Jqq Guidance on value chains - https://lnkd.in/ddPfKnNu Alongside this guidance, we have also published guidance for five additional sectors, which are open for consultation and feedback from 4 July – 27 September.  Draft sector guidance - https://lnkd.in/ddPfKnNu The development of TNFD's sector guidance has been led by working groups of TNFD Taskforce members with extensive input from both science partners and market participants over the past year, including through focus groups and written feedback. The Taskforce is grateful for the input received from a wide range of individuals and organisations. #TNFD #NatureReporting #SustainableFinance  

485

13 Comments

#TNFD has published several guidance on the applications of the TNFD Recommended Disclosures for banks, re/insurance companies, asset managers and owners, and development finance institutions. Biodiversity Consultancy Services can help the company develop the program and reporting related to TNFD guidance and requirements

3

🌱 How the LGPS can accelerate the transition to net zero🌍 Webinar Registration - Monday 24 June 2024 https://lnkd.in/diy2Wvqj 💡Join us for an enlightening LGC webinar, in collaboration with Octopus Investments, where we’ll dive into the Local Government Pension Scheme’s (LGPS) journey to net zero! 🌿 ***Register Now*** https://lnkd.in/diy2Wvqj 🔋 While renewable energy plays a pivotal role, the path to net zero is diverse and requires a comprehensive investment approach. Discover innovative investment avenues beyond the usual renewables that can propel LGPS towards its net-zero aspirations.💡 🔗 Webinar Highlights: - Unveil strategies to align LGPS investments with a greener tomorrow - Learn about next-gen sustainable infrastructure and its potential - Explore the dynamic world of sustainable infrastructure investment - Identify emerging opportunities crucial for net zero, like zero-emission transport 🚈 and energy-smart digital infrastructure 🖥️ - Understand how LGPS funds can tap into these prospects for impactful outcomes and robust financial gains 💸 Don’t miss out on the chance to contribute to a sustainable future while also reaping financial benefits. 🌟 Sign up now to bridge the gap between current progress and the ambitious net-zero goals! 📈 https://lnkd.in/diy2Wvqj 📅 Save the date! #LGPSNetZero #SustainableInvesting #GreenFuture

1

On this #EarthDay head of climate change Caroline Cook illustrates how we are using scenario analysis to navigate the transitions in our energy and climate systems. 🌍🌳 #ActualInvestors

24

Electric Bus Operator Ember Lands £5 Million Funding Boost from Triodos Bank UK Scottish all-electric bus operator Ember, a beacon of hope for sustainable transport, announced today that it has secured a £5.6m loan from Triodos Bank UK to expand its fleet of zero-emission coaches. This significant funding will allow Ember to purchase 14 new coaches, increasing its total fleet to 38 vehicles, and thereby, significantly reducing carbon emissions. This expansion will enable Ember to offer more passenger trips and extend its route network, a promising step towards a greener future. https://lnkd.in/eRpBQAym #Investment #Transport #electricbuses #Ember #TriodosBankUK #dundee #Edinburgh #zeroemissionvehicles #EmberCoaches #ZeroEmissionBuses #SustainableTransportScotland #GreenGlasgow #ScottishClimateAction #ReduceCarbonEmissions #ExpandingBusFleet #MorePassengerTrips #ExtendBusRoutes #ConnectingCommunities #FundingForChange #TriodosBankLoan #InvestingInOurFuture #GreenerScotland #HopeForThePlanet #ClimateCrisisSolutions #PublicTransportSolutions #BusesNotCars #SavingTheEnvironment #LessPollutionMoreProgress #MakingTravelGreener #ServingPassengersSustainably #GrowingSustainableBusiness #LeadingTheWayInCleanTransport #MovingTowardsNetZero #HelpingAchieveClimateGoals #ScottishSuccessStory #InspiringOthersToAct #CleanBusesCleanAir #ProgressThroughPartnership

1

The Net Zero transition is a major opportunity for SMEs (Small and Medium sized Enterprises), but many lack the time and capacity to prepare. UK Finance launched our SME sustainability report; 'Unlocking the SME Net Zero transition'. This sets out the challenges faced by SMEs in aligning with the Net Zero transition, before delving into practical solutions based around three themes of resourcing, finance and policy.    This valuable report will help to provide a richer understanding of the opportunities, barriers, motivations and needs of SMEs as they consider improving their environmental performance. Read the full report >> https://lnkd.in/e9ei9XsA #NetZero #SMEs #Finance #Banking #Sustainable #Economy

11

“SMEs contribute 44% of the UK’s private sector greenhouse gas (GHG) emissions, yet nine out of 10 don’t fully understand what the Government’s target of making the UK Net Zero by 2050 means for them and just one in ten businesses are measuring their carbon footprint.” Our SME group at WMG delivers the Net Zero Innovation Network (NZIN) programme for SMEs to help them realise the opportunities that are available by working towards Net Zero targets. Collaboration amongst each cohort of SMEs has proven effective to help solve their sustainability goals, deliver big energy savings as well as increase profitability. We are recruiting for the next cohort now. Read more about the NZIN project here: https://lnkd.in/eT28fS3y #NetZero #SME #Collaboration #NetZeroWeek #Sustainability WMG Business

18

1 Comment

#GeneralElection24 #GeneralElection2024 We'll be responding to some of the #Planning policies in the manifestos from the major political parties. Today it was the Liberal Democrats 👇

6

On the day of the #kingsspeech, it’s useful to be really clear what changes are needed to help the the new Government and Department for Energy Security and Net Zero to reach their #cleanpowermission : https://lnkd.in/e9UZidmG

28

2 Comments

We are pleased to share Utilico Emerging Markets Trust’s latest factsheet overview, which reports their 12 month NAV total return performance of 12.8% for the financial year to 31 March 2024. This is significantly ahead of the MSCI which was up 5.8% in Sterling terms over the same period. #investmenttrusts #emergingmarkets #globaltrade #socialinfrastructure #energytransition #digitalinfrastructure The Association of Investment Companies (AIC)

7

We are pleased to share Utilico Emerging Markets Trust’s latest factsheet overview, which reports their 12 month NAV total return performance of 12.8% for the financial year to 31 March 2024. This is significantly ahead of the MSCI which was up 5.8% in Sterling terms over the same period. #investmenttrusts #emergingmarkets #globaltrade #socialinfrastructure #energytransition #digitalinfrastructure The Association of Investment Companies (AIC)

5

Great article from Green Finance Institute about how ARC's governance is shared across the third and public sectors, using funds from the third, private and public sectors to create a (literally) greener region, help grow the economy and manage flood risk. https://lnkd.in/e88VGHpD

10

The Financial Reporting Advisory Board (FRAB) recommends a three step approach to Taskforce on Climate-Related Financial Disclosures (TCFD) implementation in the public sector. Read a brief update from Swan Energy's Shaun McGregor here >>> #TCFD #FRAB #Climate #FinancialDisclosures 

6

The INA has officially responded to the Ofgem consultation on energy code reform! We support the drive for efficiency but advocate for fair participation of all market players, including smaller entities. How will these changes affect the future of energy? Read our full thoughts and join the conversation. Read more using the link below 🔗 #EnergyReform #SustainableEnergy #INA

14

Energy Security and Net Zero Secretary Ed Miliband stated: “Our goal of transforming Britain into a leading clean energy nation is centered on investing in our country." “The National Wealth Fund will facilitate the creation of thousands of jobs in the emerging clean energy sectors, enhancing our energy self-sufficiency and addressing climate change.” #growth #investment #Battery #batteryenergystorage #renewables #RenewableEnergy #SustainableFuture #solarenergy #solarpower #renewables #renewableenergy #investment #cleanenergy #cleanelectricity #greenenergy #greenpower #innovation #greenbusiness #greenfuture #decarbonisation #netzero #change #batterystorage #batterytechnology #electricity #battery #netzero

3

Latest polling from RenewableUK has found voters support cross-party consensus on investment in renewable energy projects. #EnergyTransition #GeneralElection https://lnkd.in/erz8ruvb

6

Are we doing enough?? “Recent research by power analytics provider Aurora has highlighted the scale of the challenge (NetZero by 2050). Their report indicated that, on current trajectory and without major policy change and market interventions, electricity grid decarbonisation would not be achieved before 2051” With the size and significance of the task at hand - should we be investing far more to neutralise our global emissions and could governments be more ambitious regarding their plans towards energy transition. Not only should it help our future generations but could also create a massive swell in much needed employment prospects if it was bolder? https://lnkd.in/es8-QA_n #energytransition #twentyfifty #auroraenergyresearch #ukenergy #energytech #kurEos

2

UK General Election 2024: EIA sets out its key green policies for the next Government As UK political parties hit the campaign trail in earnest for the 4 July General Election, EIA today released its own manifesto of key policy recommendations. The 16-point action plan 'Our Planet, Our Problem' is released against the backdrop of the mounting triple planetary crisis of climate change, biodiversity loss and pollution. EIA marks its 40th anniversary this year since it began investigating, exposing and campaigning against environmental crime and abuse and the charity believes the next UK Government has a key role to play as a part of international efforts to secure a viable future. EIA Campaigns Director Julian Newman delivered copies of 'Our Planet, Our Problem' to the major political parties this week and said: “The urgency for taking action cannot be overstated" ... Read in full at https://lnkd.in/eiGBCpBQ #UK #GeneralElection #climatechange #biodiversity #pollution

13

1 Comment