44. Weekly Newsletter

COP26 The first day of COP26, in Glasgow, started with Sir David Attenborough warning world leaders that “the world is looking to you” in an emotional speech; India also committed to net achieving net zero emissions by 2070 which is the first time that the global power has made such a pledge. However, this extends 20 years beyond the summit’s 2050 deadline and is even 10 years longer than China’s 2060 ...

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Volvo Cars: Record-Breaking Initial Public Offering

Last week on Friday our Patron company Volvo Cars held their much-anticipated listing on the Stockholm stock exchange. The market reacted warmly to the IPO, which had been substantially oversubscribed, and the stock went up by 22% on its first day of trading. Anglų kalbos kursai ir vaikų dienos vasaros stovyklos Kaune, Vilniuje, Klaipėdoje https://intellectus.lt/dienos-stovykla/. The IPO was Europe's largest for 2021 and was Sweden's second largest ever at ...

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43. Weekly Newsletter

The Budget: Expectations Statements from the government so far, prior to the Chancellor’s delivery, about the Autumn Budget have already identified key areas of interest such as transport, health and education. The official delivery is due on the 27th of October and it is considered unusual for this many details to have already been publicly discussed. The Treasury has asked departments to locate a minimum of “5% of savings and efficiencies ...

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SAAB: Net Zero Emissions by 2050

SAAB, a BSCC Patron Member, has joined the United Nations Climate Change (UNFCCC) Race to Zero campaign and has committed to halving greenhouse gas emissions by 2030 and hitting net zero by 2050. The company has identified climate change as an increasing security threat for people, nations and the planet’s future which has inspired the company to focus on integrating climate targets into strategic work. SAAB’s President and CEO, Micael ...

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42. Weekly Newsletter

Sir David Amess On Friday, the 15th of October, Sir David Amess died after being stabbed multiple times during a regular constituency meeting at a Methodist church in his home county of Essex. The Conservative Party politician, an MP since 1983, had spent a career focussed on his passion for animal welfare, eliminating fuel poverty and promoting his seat in the town of Southend-on-Sea to become a city- which on Monday ...

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41. Weekly Newsletter

Rising Gas Prices The business secretary, Kwasi Kwarteng, this week put in a formal request to the Treasury to support industries hit by soaring energy costs (according to the BBC). Sectors such as steel manufacturing have requested a ‘price cap’ similar to the one available exclusively to members of the public. In the first quarter of 2021: the price per therm (gas price) was around 50 pence but this has now ...

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Skanska’s Logistics Hub for Britain’s HS2: Unveiled

The Skanska Costain STRABAG Joint Venture (JV), working for Britain’s HS2 project, this month released details of their new 30-acre logistics hub. The site, partly developed by Skanska (a BSCC Patron member), will be used to help dispose of the 5.6 million tonnes of earth which will be excavated in the process of construction for 26 miles of new London tunnels for HS2. After the waste has been processed at ...

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40. Weekly Newsletter

Conservative Party Conference Britain’s largest party, which has now been in government continuously since 2010, is currently holding their ‘annual conference’ in Manchester. The Conservative Party has adopted the new slogan of ‘Build Back Better’ (following on from ‘Get Brexit Done’, prior to 2021) but has been trialling out ‘Getting on with the Job’ over the course of the week-long conference. One of the key plans outlined to the party’s membership, ...

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Returning to the Workplace – an Employer’s Guide

After nearly a year and a half of working from home during the Covid-19 pandemic, employees are finally starting to return to the workplace. From 29 September, there is no longer any recommendation from The Swedish Public Health Agency that employees should work from home. In the UK, government guidance that employees should work from home was lifted in July (August in Scotland) but employers were recommended to facilitate a ...

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Vattenfall: Fossil Free within One Generation

Vattenfall, a BSCC Patron member, has decided to further increase its emission reduction targets for 2030 and beyond. The aim is to reach net zero by 2040 in a bid to help keep global warming at a maximum increase of 1.5 degrees Celsius and has been approved by the SBTi. Vattenfall’s CEO and President, Anna Borg, described this step as delivering “fossil free living within one generation” and that the ...

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