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Utilities and banks: UK unveils first round of corporate COP26 sponsors

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The UK's COP26 secretariat has named utilities SSE and Scottish Power, along with National Grid and NatWest Group, as its first sponsors for the climate conference next year. Many were disappointed with the choice of sponsors for COP25 in Madrid in 2019 Each of the firms has signed a contract to be a ‘Principal Partner’ for the event – a term which represents the highest tier of sponsorship. The UK Government laid out its criteria for sponsorship earlier this year, stating that it would not be signing deals with companies without net-zero targets for 2050 or sooner and that all sponsors should…

Continue ReadingUtilities and banks: UK unveils first round of corporate COP26 sponsors