Why the UK's New PM Could Make or Break Net Zero
27 Jul 2026 · 9 min
Will Richardson covers ten global sustainability stories, from $44 trillion in economic output dependent on nature to Andy Burnham becoming UK PM and the net-zero policy challenges ahead. Climate-tech VC investment surged 55 percent, while UK electrification confidence hit a five-year low.
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Hey, thanks so much for listening. I would love to be able to help you more on what it is that you are listening to and why you're listening to, to me. If you could click on the link in the show notes, that would be awesome because it will help me define what it is that we should be talking about on this podcast. Before we start, One number in today's countdown says $44 trillion of global economic output depends on nature that almost nobody is pricing in. Stay with us. This week in sustainability, here are your top 10 stories ranked by what the world is talking about most. Number 10: Modern slavery crackdown hits supply chains. For food and beverage businesses running global supply chains, forced labour, due diligence just got a lot less optional. Australia is toughening its modern slavery laws, with large companies facing criminal liability unless they can prove reasonable steps were taken. It follows a US Trade Representative report naming Australia among 54 economies failing to stop forced labour in supply chains. Canada has pledged a similar action. Number 9, the ski industry lobbies for grid reform. Any £100 million turnover business or above is exposed to energy costs, and they should watch this. An industry under direct climate threat is now shaping federal grid policy. Facing shrinking snowfall and aging power infrastructure, the US ski resorts are pushing for federal permitting and transmission reform Not as an environmental gesture, but as an operational fix for a resilient, affordable grid. Number 8: UK electrification confidence hits a 5-year low. For many UK businesses planning capital investments, this is a live warning sign on energy transition confidence. Business confidence in UK electrification has dropped to its lowest point since 2020, even as the nation— the National Wealth Fund backs a new 500-megawatt battery on a former coal site. The gap between infrastructure investment and business sentiment is widening just as the UK gets a new prime minister. Number 7: New York pauses new hyperscale data centers. Media, marketing, and advertising businesses running cloud-heavy operations should note where energy politics is heading. Governor Kathy Hochul has paused permits for new data centers drawing 50 megawatts or more for a year while the state builds a program requiring developers to fund their own generation or pay higher rates. Number 6. Sustainability has entered its implementation era. This is the theme every food and beverage and media marketing advertising sustainability lead should be feeling in their own team's workload right now. Reflections from the Trellis Impact 26 conference points to one shift: execution is replacing ambition. Attendees flagged data not promises, as the new measure of credibility, and named AI infrastructure and community trust as the next big operational challenges. Number 5, AI is turning sustainability teams into risk managers. If your sustainability team feels stretched, you're not imagining it. The job itself is changing shape. A biennial survey of chief sustainability officers found risk mitigation Not cost savings, is now the top way sustainability teams create business value. Separately, AI-powered supply data tools are cutting emission data collection times from months to weeks. Number 4, a new scoring system rates corporate climate credibility. For any business benchmarking its net-zero progress against peers, A new public yardstick just arrived. The Climate Contribution Framework launched by sustainability software firm Sweep and the Merova Research Center has published its first scores. Schneider Electric earned 79% for cutting emissions and scaling low-carbon products, while Weyerhaeuser scored 40% on its slower progress. Number 3, climate tech investment jumps 55% in 6 months. This is the clearest proof yet that climate is still a growth sector, whatever the political noise elsewhere. Climate tech VC hit $26.1 billion in the first half of 2026, up 55% year on year, with fresh funding for everything from circular nylon recycling to Space-grade solar cells. Number 2: Andy Burnham becomes UK Prime Minister facing a climate balancing act. Every UK business should be watching this closely. The direction of net-zero policy just changed hands. Burnham takes office this week inheriting rising energy prices, an overstretched adaptation budget, and pressure from the right That made net zero politically toxic. Experts are urging him to talk less about net zero and more about the green economy, the jobs, the growth, the bills that come down. And number one, Europe rewrites the rules of its carbon market. This is the story of the week for any organisation trading in or supplying the EU, the world's largest carbon market just got recalibrated. The European Commission has proposed slowing the pace of emission cuts under the EU emissions trading system, extending free allowances for heavy industry to 2038, and launching a $100 billion industrial decarbonization bank. Sorry, I should have said euros then. It comes alongside a new electrification action plan targeting 46% of energy demand from electricity by 2040, which could cut the bloc's fossil fuel import bill by €260 billion a year. Industry gets breathing room, but for the first time, free permits come with a condition attached: a verified decarbonization plan. Top 3 mind-blowing environmental Facts of this week. The World Economic Forum estimates $44 trillion in annual global economic output, roughly half the global GDP, is moderately or highly dependent on nature. That's barely priced into financial decisions. Indoor air pollution from cooking fuels caused an estimated 815,000 thousands premature deaths across Africa every year. The Big 5 US tech companies now carry $1.65 trillion in hidden off-balance sheet debt built largely to fund AI data centers, up 8-fold in just 4 years. If you want to be a part of our network, Or you'd like to join what we are trying to build, please DM me or comment.
Grab free access to Will's Substack while it lasts. Every week we pull together the top sustainability stories from dozens of trusted sources. Then he breaks down the big issues facing business right now, in plain, practical terms. Link in the description.
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