Business Watch: June

Slaughter and May is first SBTi-approved law firm

Slaughter and May is the first law firm to have emission reduction goals approved by the Science Based Targets initiative (SBTi).

The targets aim to reduce the company’s absolute scope 1, 2 and 3 greenhouse gas emissions by 50% by 2030 from a 2018 base year, and to achieve net-zero – without the use of offsets – by 2042.

“We are committed to setting science-based targets in line with the reductions required to limit global temperature increase to 1.5°C,” said partner Jeff Twentyman.
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Lotus and Centrica to ‘redefine’ EVs

Motor manufacturer Lotus and British Gas parent company Centrica will develop a new model for electric vehicle (EV) ownership that allows cars to store household electricity and cut emissions.

EV owners will also generate new income by providing services to the energy market under the plans, which Centrica said would “redefine” the customer relationship with cars.

“We see a future where the customer, car and home are connected, enabling new services beyond charging the car, and new products and experiences,” said Centrica Innovations vice president Carl Bayliss.
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Greene King achieves zero-waste standard

Greene King is the first UK pub company to achieve the Carbon Trust’s Zero Waste to Landfill Standard after diverting all of its 1,700 managed pubs’ waste from landfill.

The company also revealed that there has been a 42% reduction in the number of general waste bins across its entire pub estate over five years, and that it would cut its food waste by 50% by 2030.

“The work undertaken by Greene King to achieve the Zero Waste to Landfill Standard sets a benchmark for the hospitality industry,” said Carbon Trust managing director Hugh Jones.
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