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- Wednesday 12th February 2025
Wednesday 12th February 2025
UK announces £300mn for Active Travel. UK only industrial nation on track for Paris Agreement targets. SEC drops climate disclosure rule, Australian banks exit Net-Zero Alliance, and BP shifts focus from climate to shareholder returns—while Singapore sets new emissions targets, Shell faces Dutch Supreme Court, and Saudi plans a $5bn net-zero AI data centre.
Susan Gonzales
February 12, 2025
In partnership with
24 Hours In Sustainability
Worldwide Highlights
US Acting SEC Chair Mark Uyeda announced that the SEC will not defend the climate disclosure rule, which would have required public companies to disclose climate-related risks and greenhouse gas emissions
In December the US big banks left the Net Zero Banking Alliance, in January the Canadian banks followed. Now February appears to be the month that Australian banks leave, with Macquarie Group exiting global climate coalition
Singapore releases new emissions targets for 2035, on track to reaching net zero by 2050
BP to target shareholder returns as firm plans fundamental reset on climate initiatives
Climate activists take Shell case to Dutch Supreme Court
Unilever nears £230mn acquisition of sustainable refillable brand Wild
HSBC acquires stake in Singapore EV charging operator SP Mobility
Saudi’s NEOM, DataVolt to build $5 billion net-zero AI data centre
Cherry-picked Antarctic ice data does not disprove climate change
UK Highlights
New funding announced: £300mn to gear up new walking, wheeling and cycling schemes
UK-based Climate solutions-focused platform Ecologi announced the acquisition of carbon measurement and reduction platform Net Zero Now
UK outlier in 1.5C target as world misses climate plan deadline
Parliamentary Briefing - Net zero: the role of consumer behaviour
West Midlands: Climate change review reveals flooding trend
The Daily Climate Sceptic
The great flight of money from net zero has begun as reality hits home.
Long-Read of the Week
In sustainability, it's easy to feel overwhelmed by global challenges. But what if our view of the world is more negative than reality?
Factfulness: Ten Reasons We’re Wrong About the World – And Why Things Are Better Than You Think, by Hans Rosling, challenges our misconceptions with data-driven optimism.
Using engaging stories and surprising statistics, Rosling reveals how human progress is often hidden by bias, fear, and outdated narratives.
"When we have a fact-based worldview, we can see that the world is not as bad as it seems—and we can focus on the real challenges that remain."
A must-read for sustainability professionals looking to cut through doom and gloom, think critically, and drive solutions grounded in reality.
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Susan