Policy & Standards

SBTi updates financial institution guidance with optional fossil fuel target criteria

The new document also clarifies that the exclusion of non-material activities from FI targets “may not exempt any activities related to fossil fuels”.

Melodie Michel

30 May 2024

Oil & Gas

ExxonMobil investors reject all sustainability-related proposals amid legal tensions

Several shareholders have spoken out against Exxon's legal offensive, considered a tactic of “intimidation and bullying”.

Melodie Michel

30 May 2024

Transition Planning

Climate transition planning for finance: Cracking the CSO’s budget

"The transition plan is the document where you can articulate why you've made certain trade-off decisions in a way that can build trust with investors."

Melodie Michel

29 May 2024

Nature Targets

SBTN expands call for science-based nature targets early adopters

The programme is currently open to all sectors except for financial institutions and service providers.

Melodie Michel

29 May 2024

Agribusiness

Meat and dairy sector ‘mirrors fossil fuel tactics’ to stall EU climate legislation: report

"Without science-based policies tackling the sector, it does not seem likely that European agricultural GHG emissions will reduce in line with 1.5°C."

Melodie Michel

29 May 2024

Policy & Standards

US government releases carbon offsetting principles, hopes to boost voluntary carbon market

The principles draw from other carbon market integrity guidelines from the ICVCM and VCMI.

Melodie Michel

28 May 2024

Policy & Standards

China latest of 20+ jurisdictions to integrate ISSB standards into sustainability disclosures

China published its draft Corporate Sustainability Disclosure Standards yesterday.

Melodie Michel

28 May 2024

Transition Planning

Vodafone plans to halve Scope 3 emission in just four years

The company’s value chain emissions have increased by 20%, or more than 1 million tonnes, since 2020.

Melodie Michel

28 May 2024

People & Culture

Abrdn names new Chief Sustainability Officer amid governance restructuring

The firm has announced a “transformation programme” aimed at cutting at least £150 million in annual costs by 2025.

Melodie Michel

27 May 2024

Carbon removals

Big Tech bets on carbon credits as AI climate impact grows

Nature-based projects to remove CO2 from the atmosphere are often criticised for exaggerating their positive impacts, but the Symbiosis Coalition hopes to raise quality standards.

Melodie Michel

27 May 2024