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Weekly Sustainability Roundup

Sustainability Roundup
The weekly sustainability roundup covers various key topics:

1. UK’s Climate Goals: The Climate Change Committee (CCC) raises concerns about the UK’s ability to meet emissions reduction targets after the government weakened environmental policies. Uncertainty looms for businesses and investors regarding the 2030 goal.

2. Collaboration for Sustainability: The UK’s Competition and Markets Authority provides guidance for businesses to collaborate on environmental sustainability goals within legal boundaries.

3. Investor Pressure: Costco reaches an agreement with shareholder Green Century, pledging to disclose its plastic footprint and adopt a five-year plastic action plan, showcasing the impact of investor engagement in sustainability.

4. Climate Disclosure Complaint: Greenpeace Canada files a complaint with the Alberta Securities Commission against Suncor Energy, alleging incomplete climate-related risk disclosure.

5. Board Understanding of Climate Risks: PwC’s 2023 Annual Corporate Directors Survey reveals a lack of understanding among board members regarding carbon emissions and climate risk.

6. Local-Level Sustainability: The Nature Neighbourhoods initiative, backed by the National Lottery Community Fund and Co-op, supports local communities in addressing climate and nature crises.

7. Circular Economy Support: ReLondon offers grants, advisory support, and training to London’s small and medium-sized businesses, focusing on circular economy practices.

8. Sustainable Waste Management: Virgin Media O2 enhances its O2 Recycle initiative for businesses to recycle old technology, receive incentives, and contribute to sustainability.

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