Blue & Green Daily: Wednesday 2 July headlines

Blue & Green Daily finds and summarises the top sustainability stories around the web every morning. We start with our own picks from Blue & Green Tomorrow.

Green and gullible: how tree investment schemes aren’t always what they seem

Hitting a bullseye in investing for impact – and sometimes aiming off-centre

The Church of England’s Wonga investment is a prequel for our own embarrassment

Investment trustees should consider ESG factors, concludes Law Commission

UK’s food security a risk from climate change and unsustainable diets

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2 July June headlines

Carbohydrates boost trees’ drought survival chances

Higher levels of compounds called non-structural carbohydrates (NSCs) boost tropical trees’ chances of surviving droughts, a study has suggested. An international team of scientists found that species with elevated NSC levels survived up to 17 days longer. The discovery could help restore forests devastated by logging and increase their resilience to future climate change. BBC.

Barrier Reef dredge spoil could travel further, conservationists say

Dumped dredge spoil in the Great Barrier Reef Marine Park could travel further than previously thought, affecting coral. Three million cubic meters of dredge spoil will be dumped in waters 20km from the reed. The move has been criticised by Unesco’s world heritage committee and conservation groups. Guardian.

BNP Paribas to pay $9bn record fine but bankers will still get their bonuses

France’s BNP Paribas has agreed to pay a record $8.9 billion fine for working with countries subject to US sanctions, but most of its bankers will get their bonuses. The bank’s finance director, Lars Machenil, said that staff bonuses would be based “on this year’s performance” and would “exclude the impact of the US fines”. Independent.

British Gas and Sainsbury’s Energy embroiled in mis-selling scandal

British Gas has become the last of the big six energy suppliers to be tarnished by the mis-selling scandal, after it emerged the company had misled thousands of customers through face-to-face sales. The suppliers, part of energy giant Centrica, has now agreed to pay compensation to customers who were provided inaccurate information when signing up for tariffs. Telegraph.

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Interesting picks

10 things you need to know about sustainable agriculture – Guardian

UK government utterly fails to communicate about climate change – Huffington Post

As sustainability reporting matures, focus shifts to materiality – Compliance Week

Photo: Sanja gjenero via Freeimages