Sustainable Finance

Sustainable finance under scrutiny amid Barclays controversy

Overly flexible guidelines may be allowing banks to fund fossil fuel expansion under sustainability labels.

Melodie Michel

14 May 2024

Climate Targets

Tesla, Mercedes-Benz, BMW: Only three automakers aligned with 1.5ºC EV production needs

"Automakers' substandard electric vehicle plans, and negative advocacy strategies are driving the climate crisis."

Melodie Michel

14 May 2024

Biodiversity

Biodiversity credits for nature capital: What CSOs need to know

This nascent market presents opportunities for companies to influence policy and ensure positive impact.

Melodie Michel

13 May 2024

Operations & Finance

PepsiCo announces first net zero plant for 2025

The brand has managed to decrease Scope 1 and 2 emissions by 23%, though its Scope 3 emissions have increased by 7%.

Melodie Michel

10 May 2024

CSO Futures Weekly

CSO Futures Weekly: The devil in the details

Peaking power sector emissions, Paypal's rising crypto footprint and a growing bet on carbon capture and storage...

Melodie Michel

09 May 2024

Energy Transition

Electricity emissions may have peaked in 2023

Renewable energy, including solar, wind and hydro, made up a record 30% of the world’s energy mix last year.

Melodie Michel

09 May 2024

People & Culture

Germany’s development bank KfW names new Chief Sustainability Officer

Jürgen Kern joined the bank in 2007 and was most recently Director of Corporate Strategy and Sustainability.

Melodie Michel

09 May 2024

Sustainability Reports

Paypal’s crypto emissions now make up more than 15% of its carbon footprint

The crypto assets held by Paypal on behalf of its customers more than doubled between 2022 and 2023, reaching US$1.2 billion.

Melodie Michel

08 May 2024

Carbon removals

Microsoft signs historic carbon capture deal to remove 3 million tonnes of CO2

Tech giant is betting heavily on carbon removals to achieve carbon negativity.

Melodie Michel

08 May 2024

Oil & Gas

TotalEnergies and Sinopec to collaborate on low-carbon energy

TotalEnergies invested about US$5.9 billion in low-carbon energies and almost US$11 billion in oil and gas in 2023.

Melodie Michel

07 May 2024