ECB sets stricter climate targets for portfolio
The European Central Bank said it would introduce greenhouse gas emissions reduction targets for its corporate bond portfolio and may even sell some assets if it fails to meet its goals.
New business coalition launches to boost government climate plans ahead of UN deadline
Some of the worldâs largest companies, financial institutions, and cities have formed the Mission 2025 coalition, calling for governments to increase their ambition in setting climate goals.
ISSB to âharmonize disclosuresâ on corporate climate transition plans
The International Sustainability Standards Board said it would release guidance to standardize how companies worldwide publish details on their climate transition plans to meet net-zero goals.
TotalEnergies, EnBW win offshore wind site for US$3.2 bn
TotalEnergies and EnBW won a 2.5 gigawatt (GW) German offshore wind site in an auction for a combined $3.2 billion.
Children win landmark Hawaii climate case
A group of young activists and children has won a constitutional case that will force a government department to curb transportation emissions in Hawaii.
FedEx appoints Karen Blanks Ellis as new chief sustainability officer
Karen Blanks Ellis will replace longtime sustainability leader Mitch Jackson as the company's new CSO.
Wind and solar added more new energy than any other sources in 2023
Wind and solar combined in 2023 generated more new energy than any other source for the first time in history, though the world still burnt record-high levels of oil and coal.
CSO Futures Weekly: Climate transition plans catch force
Corporate climate transition plans are on the rise, though overall, momentum in the energy transition, food-related sustainability, and governmental initiatives are lagging.
CDP: One-quarter of companies now have a 1.5ÂșC-aligned climate transition plan
Corporate adoption of climate transition plans rose last year, with one in four companies now stating they had one in their CDP disclosures.
Sustainability leaders welcome EU adoption of Nature Restoration Law
âToday marks a pivotal victory for Europeâs people, nature and climate alike,â said Janneke de Vries, Director of EU Partnerships at World Resources Institute.
