archive2023

The Transition Plan Taskforce (TPT) aims to establish a gold standard for private sector climate transition plans in UK business and industry. The TPT, announced at COP26 by the UK Chancellor, has now published its Disclosure Framework and accompanying Implementation Guidance and has also launched a Sandbox for companies and financial institutions to test implementation. The TPT Disclosure Framework makes recommendations for companies and financial institutions to develop gold-standard transition plans. The TPT Implementation Guidance sets out the steps to develop a transition plan, as well as when, where and how to disclose...

Just 23 per cent of consumers take environmental claims and initiatives from businesses at face value, according to a new study by Sensu Insight. The 50 Shades of Greenwashing report reveals that almost a third (30 per cent) of Brits expect environmental claims from companies to be slightly exaggerated, while 14 per cent said they don’t believe them at all. This is largely due to the majority of people (71 per cent) assuming that claims are unlikely to be verified or checked by an independent expert or regulator, deeming them un-credible. The...