News and Interviews - CSO Futures (Page 35)

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GCC firms are formalising sustainability efforts with CSO appointments

Sustainability Governance

GCC firms are formalising sustainability efforts with CSO appointments

48% of GCC companies now have a Chief Sustainability Officer or plan to name one in the next 12 months.

06 June 2024

Transition planning for transformation: Unlocking the CSO’s purpose

Transition Planning

Transition planning for transformation: Unlocking the CSO’s purpose

The regulatory obligation to disclose a transition plan is a chance to increase buy-in for business success in a climate-friendly world.

06 June 2024

CDP unveils ISSB-aligned reporting platform

Policy & Standards

CDP unveils ISSB-aligned reporting platform

CDP estimates that financial institutions with US$142 trillion in assets have demanded that companies in their portfolios report on their 2023 impacts.

06 June 2024

Climate groups drop lawsuits seeking stricter climate disclosures to support SEC against anti-ESG challenges

Climate litigation

Climate groups drop lawsuits seeking stricter climate disclosures to support SEC against anti-ESG challenges

Sierra Club and NRDC will focus their resources on “advocating for improvements to climate-related financial disclosures” outside of court.

05 June 2024

Abrdn completes sustainability governance team with two senior appointments

People & Culture

Abrdn completes sustainability governance team with two senior appointments

The firm has poached sustainable investment veteran Kristina Church from BNY Mellon in the role of Global Head of Corporate Sustainability.

04 June 2024

Indian solar firm Waaree Energies announces CSO appointment

People & Culture

Indian solar firm Waaree Energies announces CSO appointment

India's largest solar manufacturer plans to set specific sustainability goals by the end of this year.

03 June 2024

EU energy transition: 20% of fossil fuel generation displaced by renewables since 2019

Energy Transition

EU energy transition: 20% of fossil fuel generation displaced by renewables since 2019

Without policy-driven wind and solar growth, fossil generation would have fallen by just 1.9% (21 TWh).

03 June 2024

H&M Head of Sustainability ‘concerned’ about expanding carbon offset use within SBTi

Policy & Standards

H&M Head of Sustainability ‘concerned’ about expanding carbon offset use within SBTi

“The decision weakens corporate climate pledges and makes real decarbonisation efforts within value chains less attractive.”

03 June 2024

Voluntary carbon market value down 61% as firms become wary of carbon offsets

Voluntary carbon market value down 61% as firms become wary of carbon offsets

This is the second consecutive year of contraction for the VCM, after a peak of nearly US$2 billion in 2021.

31 May 2024

CSO Futures Weekly: ExxonMobil AGM deals a blow to activist investors

CSO Futures Weekly

CSO Futures Weekly: ExxonMobil AGM deals a blow to activist investors

Sustainability proposals fail at Exxon, Vodafone's first transition plan and a big week for carbon removals...

30 May 2024