Latest news with #Scope3
Scotsman
a day ago
- Business
- Scotsman
Rosebank and other North Sea oil and gas fields could be given green light under new guidelines
The oil and gas industry has welcomed the consent process being restarted by the UK government. Sign up to our Politics newsletter Sign up Thank you for signing up! Did you know with a Digital Subscription to The Scotsman, you can get unlimited access to the website including our premium content, as well as benefiting from fewer ads, loyalty rewards and much more. Learn More Sorry, there seem to be some issues. Please try again later. Submitting... UK ministers could sweep aside climate concerns to approve controversial oil and gas projects if the economic benefits are seen to outweigh the damage, under new guidance. The Labour government published the new guides for oil and gas developers who have received a licence for North Sea projects but still require environmental consent. Advertisement Hide Ad Advertisement Hide Ad It will apply to the developers of the Rosebank oil field, Equinor and Ithaca, and Shell for its Jackdaw gas proposals. A small number of other projects could also come forward that already have a licence but need environmental consent, it is believed. Campaigners said approval for these projects in light of the new guidance would be "indefensible" and a 'political sleight of hand'. Rosebank and Jackdaw developers will need to reapply for environmental consent including the pollution from burning the oil and gas extracted from the projects It was drawn up after a Supreme Court ruling found the emissions caused from burning the oil and gas contained in a project, called Scope 3 emissions, needed to be taken into account in applications for environmental consent. Advertisement Hide Ad Advertisement Hide Ad Amid the stricter guidance for oil and gas giants is an ability for UK Energy Secretary Ed Miliband to weigh up the environmental harm against the economic benefits of allowing the project to proceed. Mr Miliband has previously branded the licence handed to the Rosebank project as 'climate vandalism'. Labour has previously ruled out issuing new oil and gas licences for the North Sea, but Prime Minister Sir Keir Starmer has said the fuels will be needed for decades to come and indicated he would not 'interfere' with existing licences. Advertisement Hide Ad Advertisement Hide Ad The International Energy Agency has previously said no new fossil fuel projects should be developed beyond existing fields if the world is to stay below 1.5C of global warming. Energy minister Michael Shanks said: 'This new guidance offers clarity on the way forward for the North Sea oil and gas industry, following last year's Supreme Court ruling. Energy Minister Michael Shanks | Contributed 'It marks a step forward in ensuring the full implications of oil and gas extraction are considered for potential projects and that we ensure a managed, prosperous, and orderly transition to the North Sea's clean energy future, in line with the science. 'We are working with industry, trade unions, local communities and environmental groups to ensure the North Sea and its workers are at the heart of Britain's clean energy future for decades to come – supporting well-paid, skilled jobs, driving growth and boosting our energy security.' Advertisement Hide Ad Advertisement Hide Ad The guidance states that the 'significance of environmental effects will always be considered…on a case-by-case basis'. The advice to fossil fuel giants states that 'when reaching a decision as to whether agreement should be given to the grant of consent', Mr Miliband 'will consider the environmental effects of the project and will form a view of the overall balance of advantage between any potential significant effects on the environment and wider benefits to the interests of the nation and any other relevant factors in proceeding with the project'. A map showing the location of the Rosebank and Jackdaw oil fields | Kimberley Mogg/NationalWorld It adds: 'In reaching this view the Secretary of State will usually consider, amongst other matters, the severity, extent, understanding and duration of the significant effects, the Government's overall energy and environmental objectives, and the potential economic and other advantages of the project proceeding. Advertisement Hide Ad Advertisement Hide Ad 'This includes an assessment of the extent to which the project aligns with the Government's stated objectives for the future of the North Sea.' Friends of the Earth Scotland's head of campaigns, Caroline Rance, said 'it would be indefensible for ministers to know the climate harm and yet approve new oil fields'. The organisation's oil and gas campaigns manager, Rosie Hampton, added: 'It would be morally, financially and environmentally dishonest for a minister to try and force through new oil by focusing on narrow economic concerns.' Advertisement Hide Ad Advertisement Hide Ad Tessa Khan, executive director of Uplift, said: 'The new rules mean that oil and gas companies will finally be forced to come clean over the enormous harm they are causing to the climate.' Uplift's executive director Tessa Khan She claimed Rosebank would not lower fuel bills or boost energy independence as most of the oil would be exported. Greenpeace UK head of climate Mel Evans said approving the projects would be a 'political sleight of hand' that would benefit oil giants while leaving the UK hooked on fossil fuels. Advertisement Hide Ad Advertisement Hide Ad Chief executive of Offshore Energies UK (OEUK), David Whitehouse, said the new guidance was 'an important next step'. He added: 'The publication of this guidance enables firms to move ahead with the process to responsibly develop projects that add jobs and value to the UK economy and boost energy security. 'The UK's offshore energy industry takes its environmental responsibilities seriously and has reduced emissions from oil and gas production by 28 per cent since 2018. The North Sea is held up as one of the most robustly regulated sectors in the world and our approach is recognised internationally as an example of good practice. 'Energy security is national security. In an increasingly volatile world, the widening gap between the energy we produce and what we import matters. Advertisement Hide Ad Advertisement Hide Ad 'Oil and gas produced in the UK must remain the provider of choice over imports which are often associated with higher emissions, fall outside of our regulatory control, contribute no UK taxes and support no UK jobs.' Scottish Greens co-leader Patrick Harvie said: 'The new guidance issued today does not give clarity that the UK Government will actually start putting the climate first. But it does at least mean that the fossil fuel profiteers will no longer be able to hide the scale of damage that new oil and gas drilling will cause to our climate. 'It's been obvious for years that promising a future based on fossil fuels is a dangerous fantasy. Real energy security, cheaper bills and better jobs can all be achieved by investing in home-grown, green renewables. 'But the test now will be whether Labour Ministers face up to scientific reality.' Advertisement Hide Ad Advertisement Hide Ad The new guidance comes as an analysis, seen by The Scotsman, revealed that the UK government is poised to miss out on more than £250 million from tax revenue over the Rosebank plans - putting the economic benefits of the project in doubt.
Time of India
2 days ago
- Business
- Time of India
‘Emission cuts alone won't work': Industry leaders call for clarity, circularity in decarbonising value chains
New Delhi: Industry leaders from sectors including FMCG, steel, pharmaceuticals, fashion and energy have flagged major hurdles in India's push towards net zero emissions by 2070, citing the complexity of Scope 3 emissions , high cost of carbon capture technologies and regulatory constraints across hard-to-abate sectors. 'Scope 3 emissions are substantial due to large-scale agri-commodity sourcing,' said Vishwa Bandhu Bhattacharya, Director Sustainability, Tata Consumer Products, speaking at a panel on 'Decarbonising Value Chains' at the ET India Net Zero Forum 2025. 'The real challenge is identifying what's truly relevant across its 15 complex categories. To address this, we've adopted a materiality-based, third-party verified approach that brings focus and accuracy to our reporting.' In the agriculture-linked FMCG sector, PepsiCo is driving regenerative initiatives. 'We work with 27,000 farmers to promote regenerative practices like soil testing and efficient irrigation,' said Yashika Singh, Head – Corporate Affairs, Communication & Sustainability, PepsiCo India. 'While industry is driving this through Scope 3 goals, greater policy support is needed to scale impact and unlock real benefits for farmers.' In pharma, regulatory constraints continue to slow down decarbonisation efforts. 'In a highly regulated industry, any material in contact with medicine needs multiple approvals—so process changes are slow,' said Rajesh Vasudevan, Vice President – EHS & ESG, Cipla. 'We've focused on what we can control, like recycling 50% of our water and becoming 1.75 times water positive in India. All 37 of our units are now zero waste to landfill. But challenges remain—like managing expired medicines, which must be incinerated to prevent misuse, and addressing antimicrobial resistance in third-party manufacturing.' Steel manufacturer Jindal Steel and Power Ltd (JSPL) is working on emission intensity reduction while keeping additional costs in check. 'In hard-to-abate sectors like steel, we're focused first on what's within our control,' said Naveen Ahlawat, Head – Power to X, Green Hydrogen, Green Steel, CCSU, JSPL. 'Through operational excellence and energy efficiency, we're targeting a 13–15% reduction in carbon intensity with just 1–2% additional capex.' 'To go further, we're looking at larger levers like renewables, nuclear energy, and carbon capture. Carbon capture still costs around $120 per tonne, but we're already capturing 3,000 tonnes a day—scaling it sustainably is now the challenge,' Ahlawat said. Fashion sector leaders also raised concerns over the sector's environmental footprint. 'One T-shirt takes about 3,000 litres of water, and one pair of jeans uses nearly 8,000 litres. Most of this water is non-recyclable,' said Naresh Tyagi, Chief Sustainability Officer, Aditya Birla Fashion and Retail. 'Around 80% of garments end up in landfills globally, driven by fast fashion. India's tradition has always been about reuse and recycling—saris passed through generations are a perfect example. Bringing circularity into fashion is not just necessary, it's rooted in our culture.' Industry executives said decarbonisation needs to go beyond internal efficiencies and must integrate stronger regulatory and financial support systems to enable cross-sector collaboration in value chain emissions reduction.
Yahoo
4 days ago
- Business
- Yahoo
Shein's transport carbon emissions rise in 2024
Online fast-fashion retailer Shein's 2024 sustainability report indicates a 13.7% rise in carbon emissions from transporting its products. The retailer also disclosed that its 2023 transport emissions were 18% higher than previous estimates following a recalculation. The recalculated 2023 emissions, previously reported at 6.35 million tonnes (mt), reflect an updated methodology. The company is shifting towards producing, packaging and shipping closer to its customers to reduce emissions and improve efficiency. The company states that its strategic approach to reducing emissions is concentrated on the two categories that contribute most significantly to its carbon footprint: purchased goods and services, and upstream transportation and distribution. These sectors are jointly responsible for 96% of its emissions, according to its short-term goals set for 2024. In addressing transportation and distribution emissions, Shein will implement measures in two key areas. The first is minimising transportation distances. It plans to refine the company's global logistics network and enhance route planning to favour land, sea or combined transport methods over air freight. The goal is to localise production, packaging and shipping processes in proximity to the customer base. This strategy is intended not only to reduce emissions but also to cut down on delivery times and shipping expenses. The second area is the enhancement of transport efficiency. It aims to transport its products more efficiently by adopting vehicles with lower emissions, such as electric or hybrid options, and by optimising load and packaging efficiency, maximising the capacity of each shipment and decreasing the total number of shipments. The company's emissions reduction targets, which havea been approved by the Science-Based Targets Initiative (SBTi), aim for a 25% reduction in its Scope 3 emissions [indirect greenhouse gas emissions that occur in a company's value chain, but are not directly controlled by the company] by 2030 from 2023 levels. In addressing supply chain concerns, Shein terminated 12 supplier relationships in 2024 due to policy violations - an increase from five in 2023. The company also conducted 4,288 on-site audits of suppliers and subcontractors in China, up from 3,990 the previous year. "Shein's transport carbon emissions rise in 2024" was originally created and published by Retail Insight Network, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Fashion Network
5 days ago
- Business
- Fashion Network
Fast-fashion retailer Shein's transport emissions jump 13.7% in 2024
Shein 's carbon emissions from transporting products climbed 13.7% in 2024, the online fast-fashion retailer's sustainability report showed on Friday, and its 2023 transport emissions were 18% higher than previously reported after a recalculation. Shein uses mainly air freight to send cheap clothes directly from suppliers in China to shoppers around the world, a more carbon-intensive supply chain model compared with traditional apparel retailers that ship more of their products on container vessels. Shein said it plans to produce, package, and ship closer to its customers as a way to lower emissions and cut delivery times and shipping costs. It increased its use of sea freight and trucking in 2024, according to the report. Emissions from transporting products to and between Shein facilities, and to customers, including returns, were 8.52 million metric tons of CO2 equivalent in 2024, up from 7.49 million metric tons of CO2e in 2023, according to the report. Shein's transport emissions for 2024 are more than three times those of Zara owner Inditex, which reported 2.61 million tons of CO2e for its 2024 financial year. Shein said its 2023 emissions were recalculated after an update to its methodology. Last year it reported a 2023 figure of 6.35 million metric tons. Founded in China and headquartered in Singapore, Shein sources most of its products from 7,000 suppliers in China, but also has a growing network of suppliers in Brazil and Turkey. Steep tariffs imposed by the United States on Chinese goods have made it more urgent for Shein to diversify its supplier base, as the U.S. is its biggest market. The company aims to go public and has shifted its focus to a Hong Kong initial public offering after failing to win Chinese securities' regulatory approval to proceed with a planned London listing. Shein's emissions reduction targets, approved last month by the Science-Based Targets Initiative, are for a 25% reduction in Scope 3 (indirect) emissions by 2030, compared with 2023. © Thomson Reuters 2025 All rights reserved.
Yahoo
11-06-2025
- Business
- Yahoo
TikTok Will Now Enable Advertisers to Measure the Carbon Emissions of Their Campaigns
This story was originally published on Social Media Today. To receive daily news and insights, subscribe to our free daily Social Media Today newsletter. This is something TikTok is partnering with environmental impact monitoring company Scope3 to provide TikTok advertisers with a new way to measure the carbon emissions associated with their ad campaigns. As you can see in this overview, with this new process, TikTok will be able to provide ad partners with relative emissions data per campaign, based on ad reach and targeting parameters. As explained by TikTok: 'This collaboration will allow clients to better understand their advertising footprint, optimize campaigns for lower impact, and make informed decisions to support their sustainability goals. At the core is Scope3's first-of-its-kind, open-source emissions model, built to accurately measure emissions across ad selection, media distribution and creative delivery. Aligned with the Ad Net Zero Global Media Sustainability Framework (GMSF), Scope3's methodology enables agencies, advertisers and platforms to explore and act on emissions data with confidence.' So now you can maintain expanded awareness of the impact of your work, which will enable advertisers to make more informed choices, and ensure that environmental impacts remain front of mind. The initiative is part of TikTok's broader effort to move towards carbon neutrality, with a 2030 target to reach this goal. TikTok says that it's already reduced its operational emissions, while it's also working with Climeworks, to remove 5,100 tons of CO₂ from the air by 2030, 'through a portfolio of Direct Air Capture technology, Biochar, and Reforestation.' It's also continually promoting environmental campaigners in the app, in order to highlight concerns to its users. Enabling ad partners to also contribute to these goals is another step in TikTok's broader push, which could help to raise awareness of the broader impacts of digital connectivity, which is a lesser consideration for many when assessing environmental impacts. As such, just having this as a note is a potentially valuable reminder, making this a good initiative for the app. You can learn more about TikTok's partnership with Scope3 here.
