Ralph Lauren Corporation has announced that it will evolve its approach to climate as part of its ongoing commitment to decarbonisation. It will retire its 2040 net zero goal in favour of setting rolling five-year GHG reduction milestones, with a near-term focus on its current SBTi-validated 2030 goal to reduce emissions by 30% from its FY20 baseline.
Features
Close to 100 countries signal new climate targets
Close to 100 countries – including nearly 40 Heads of State and Government – have announced, committed to finalising or set out their commitment to implementing their new climate targets ahead of COP30 in Belém, Brazil this November. The announcements came at a Climate Summit convened by UN Secretary-General António Guterres and President Luiz Inácio Lula da Silva of Brazil on the margins of the 80th session of the UN General Assembly.
European Parliament adopts new EU rules to reduce waste
The European Parliament has given the green light to new measures to prevent and reduce waste from food and textiles across the EU. For context, each European generates 132kg of food waste and 12kg of clothing and footwear waste per year. The updated legislation will introduce binding food waste reduction targets, to be met at national level by 31 December 2030: 10% from food processing and manufacturing and 30% per capita from retail, restaurants, food services and households.
Largest sand battery in the world launches in Finland
Polar Night Energy has built an industrial-scale sand battery in Pornainen for Loviisan Lämpö’s district heating network. The new sand battery delivers 1MW of thermal power and offers a storage capacity of 100MWh, making it 10 times larger than the Sand Battery launched in Kankaanpää in 2022.
Updates
Behaviour
Wilful blindness: turning a blind eye to planetary insolvency
The global economy could face a 50% loss in GDP between 2070 and 2090 unless immediate policy action on risks posed by the climate crisis is taken. This is the stark warning set out in ‘Planetary Solvency – finding our balance with nature’ by the Institute and Faculty of Actuaries (IFoA) in collaboration with climate scientists.
Climate silence: does it matter or is it golden?
Anyone who has read the article “Why well-off Brits who think collapse is coming still stay silent” will recognise the scenarios it calls out. Those silent Brits are familiar to us all: they know the planet is hurtling towards existential crisis but they do not use their voice to influence others while they live comfortably within a system that cannot endure (and they know it).
Big shout out to growing list of companies committing to DEI
Impactivize has published a long list of companies who have publicly stated their commitments to diversity, equity and inclusion (DEI) initiatives. The list includes some big names. Amongst them are: Adidas, American Express, Apple, AstraZeneca and Audible. And that's only in the section under 'A'.
Anti-microbial resistance? New antibiotics are not the only answer
AMR (anti-microbial resistance) is a world health issue. Many believe there cannot be too much investment in and coordination globally on this issue. Standards and regulation – across the use by humans and animals of antibiotics and antifungals – are one thing; but are they the only way forward?
Curious to know where we are with Industrial Revolution 5.0?
Clarity around which industrial revolution we are in and what Industrial Revolution (IR) 5.0 really means is delivered by a paper that points out: “This evolution of industry is not just a technological change but a human-centred movement that concerns politicians, academics, practitioners, and society at large.”
UN sounds the alarm for human development but AI can help
Human development progress has slowed to a 35-year low, according to a UN Development Programme report. But the report says that AI could reignite development. In fact, following the crises of 2020-202, progress has not rebounded and the poor rise in global human development projected in this year’s report is the smallest increase since 1990.