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Business

The Scottish National Investment Bank has officially opened for business with the completion of its first major investment. It is claimed to be the UK's first mission-led net-zero development bank and it is being capitalised by the Scottish Government with £2 billion over ten years.

Paper manufacturer Arjowiggins has launched Sylvicta – a translucent, functional barrier paper that has been proven to preserve the quality of food and cosmetics just as well as conventional plastics.

Brakes, a leading UK foodservice wholesaler, has boosted its goal to reduce carbon emissions by 30% by 2025, largely thanks to the adoption of new refrigeration systems across its entire network.

The majority of the UK public backs Capitalism as the best economic system for delivering prosperity, but think it is broken and needs fixing. They are keen for businesses to take more responsibility for social and environmental issues – and are ready to support those who do by being more likely to work for and buy from them – according to an in-depth report from ReGenerate.

Diageo, makers of Johnnie Walker, Smirnoff and Guinness, has created a 100% plastic free paper-based spirits bottle, made entirely from sustainably sourced wood. The bottle will debut with the Johnnie Walker brand in early 2021, and Diageo are claiming it to be a world first.

Carlsberg Group has further developed its journey to create the world's first 'paper' beer bottle made from sustainably-sourced wood fibres, claiming it is both 100% bio-based and fully recyclable.

Enterprise has opened a new vehicle rental branch in the historic heritage town of Monmouth and has introduced rainwater harvesting and solar panel car park lighting to the location in order to increase sustainability.

Kingfisher, the home improvement company and owner of B&Q, will stop selling products that contain metaldehyde across its 1,200 stores and replace them with environmentally-friendly alternatives. The move follows three years of collaboration and product development with suppliers.

One of the world's leading corrosion protection companies has completed a conversion to lead-free galvanizing.

For the second year Aquabio, who provide industrial wastewater treatment solutions, have successfully encouraged their employees to ditch their cars and instead use pedal power - currently amounting to travelling the circumference of planet earth, and with donations of 2.5 pence to charity for every kilometre travelled!

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