Global banks under pressure to set more specific sustainable finance targets
To meet the world’s net zero targets, the ratio of green to fossil fuel financing should reach a minimum of 4:1 by 2030.
IBM names new Chief Sustainability Officer as Balta retires
Christina Shim joined IBM at the end of 2021 to lead its sustainability software strategy.
CSO Futures Weekly: Adaptation will be crucial to achieve necessary battery storage capacity
Energy storage needs may be threatened by climate risk, Gap Inc. and General Motors provide climate updates and insurers shake up sustainability governance...
Gap Inc. still seeking SBTi approval of net zero target after having ‘commitment removed’
The group has reduced Scope 1 and 2 emissions by 77% and Scope 3 emissions from purchased goods by 16% from a 2017 base year.
General Motors blames slow carbon intensity progress on demand for combustion vehicles
GM's absolute Scope 3 emissions are down from the 2018 baseline but have been creeping up since 2021.
Most companies plan to align sustainability reporting with CSRD
"We’re seeing CSRD’s impact extend far beyond those subject to the regulation."
QBE Insurance names new Group Head of Sustainability
Nicola Schroder replaces Kate Lyons, who left the role in December 2023 after two years.
Critical minerals supply threatened by climate risk – even under low-emissions scenario
“Even if global carbon emissions rapidly decrease, climate disruption poses a serious and growing threat to the world’s ability to produce essential commodities.”
Battery storage: 14-fold increase necessary to meet climate goals, says IEA
To triple renewable energy capacity by 2030 energy storage needs to reach 1,500 GW – up from less than 300 GW at present.