Global Elections 2024: A Potential Turning Point for the ESG Landscape

As part of TechUK’s campaign looking into geopolitics, elections and global trade, Sam Sweeny has written a thought provoking blog which explores the knock on effect of 2024 elections on the ESG landscape.

"Even if the work of previous administrations is tempered by the introduction of less-sympathetic governments, we are closer to a global approach to business and diplomacy that holds ESG as one of its key tenets. In order to stay this course and ensure that the next worldwide confluence of elections does not cast the future of ESG into such relative uncertainty, it is essential that we continue to educate the electorate, our leaders, and businesses around the world.”

Read the full blog here.

The Home of Climate Tech on Business of Sustainability podcast

This week, we launched the latest episode of the Business of Sustainability, with Alexandra Smith and Mike Penrose joined by Andrew Wordsworth, Managing Partner at Sustainable Ventures.

They explore the organisation's mission and what makes its ecosystem truly unique, and Andrew shares some advice for founders and entrepreneurs.

🎧 Listen and subscribe here.

REPORT: Over half of CEOs rank sustainability as a higher priority now compared to 2023

According to a survey conducted by FT Longitude and EY, sustainability and climate issues are a higher priority for senior executives, with over half of CEOs reporting that sustainability is a higher priority now compared to 12 months ago.

The study surveyed 1,200 CEOs from large companies across 21 countries and five industries, as well as 300 institutional investors in 21 countries.

54% of CEOs reported that sustainability is being given a higher priority by them and their boards than it was 12 months ago, while 23% said that sustainability has been deprioritised at their companies, economic or financial challenges being the most frequent reasoning given.

SURI in City AM

Gyve Safavi and Mark Rushmore, co-founders of FuturePlus member, SURI, recently caught up with City AM’s Jennifer Sieg to discuss the business’ rapid growth and what the future holds for the sustainable electric toothbrush company.

In 2023, SURI sales reached over £10m, and it’s a trajectory the pair plans to continue, with the global electric toothbrush market on track to hitting a valuation of nearly £35bn by 2031.

Read the full article here.

Renewables responsible for 30% of power

Almost a third of the world's electricity in 2023 came from renewable sources, up from 19% in 2000, according to a report by thinktank, Ember.

Growth in the solar and wind sectors helped to boost output with total solar generation up 23% and wind went up nearly 10%.

EU member states generated 44% of their electricity with renewables with the majority coming from non-nuclear sources. In the UK, energy from renewable sources dropped last year, but despite this, fossil fuels made less than 40% of the country's electricity.

Refer a business program

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