On Sunday, the 26th Conference of Parties (COP26) commenced in Glasgow, United Kingdom. COP26 is perhaps the most important Conference of Parties in recent years as the first revision of the Paris Agreement since its signing in 2015.
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Our sustainability team will be observing and analysing the outcomes, opportunities, and obligations from the COP26 negotiations at every stage of the journey. Make sure to look out for regular updates over the next two weeks to get all the key insight from COP26 action.
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The pace of societal change and renewed focus on climate change has contributed to the demand for transparency on sustainable practices and governance for large companies and multinational organizations.
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The Intergovernmental Panel on Climate Change (IPCC) published its 6th Assessment Report on the physical science of climate change on 9 August 2021. The latest report builds on 5-years of research which considers over 14,000 scientific papers and has been reviewed by 234 leading scientists from 66 countries.
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With challenging climate change targets being set in place by the UK Government to reduce emissions by 78% by 2035 compared to 1990 levels, acting now has never been more important for UK organisations in a bid to ready themselves for the work required. This will involve setting realistic goals, outlining strategies, and implementing these in line with Government targets.
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In March of this year, the UK government published its Industrial Decarbonisation Strategy – the first of its kind to be issued by a major economy. This will see the introduction of a package of new policy, technical and financial support mechanisms to kickstart the route to net-zero.
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