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UK Eliminates Cap on Penalties on Polluting Companies

ESG Today

The UK government announced that it has scrapped a limit on penalties that its Environmental Agency can impose on companies that pollute the environment through Variable Monetary Penalties (VMPs), its civic sanctions system that can impose fines directly through regulators, and expanded the range of pollution offences covered by the system.

Waste 87
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Burger King UK becomes first fast food company to trial reusable packaging

GreenBiz

In the loop: The restaurant chain becomes latest major brand to announce partnership with re-usable packaging service provider Loop.

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UK to “Consult” on Requirement for Companies to Disclose Climate Transition Plans

ESG Today

The UK Government announced today a commitment to consult on the introduction of requirements for the country’s largest companies to disclose their climate transition plans, likely on a “comply or explain” basis.

Net Zero 101
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UK Regulator Targets Green Claims that Don’t Include Context on Companies’ Broader Impact

ESG Today

The new guidance follows a series of recent rulings by the ASA on advertisements by companies that highlighted environmental claims about specific aspects of their businesses that were found to breach the codes by not including sufficient context into the businesses’ overall environmental impact.

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UK Competition Watchdog Probing Greenwashing by Food, Cleaning Products Companies

ESG Today

The UK’s Competition and Markets Authority (CMA) announced that it will expand its efforts to address greenwashing, examining the green claims made by companies marketing items including food, drink and homecare products.

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TUC report calls for fairer approach that “stops energy companies using UK families like cash machines”

Envirotec Magazine

UK families to lose out on more than £2,250 from not owning our own energy, says report. UK families could benefit by at least £2,250 – and up to £4,400 – over the next two years if Britain had the same public ownership of energy as other countries, according to TUC research published on 24 September. Creating public energy assets.

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Ditching governance reforms 'will diminish attractiveness of UK companies', warns pension fund

Environmental Finance

The UK regulator's move to ditch reforms to require more sustainability reporting by company board and audit committees will make UK companies less attractive to investors, a senior executive at one of the country's largest pension funds has said.

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