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.” Melodie Michel 03 June 2024
Carbon market 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. Melodie Michel 31 May 2024
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... Melodie Michel 30 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
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
CSO Futures Weekly CSO Futures Weekly: Data, sustainability and imperfection Sage's sustainability lead on 'an imperfect system', AI and data management, China's new reporting requirements and more in this issue... Melodie Michel 15 February 2024
Carbon market 2024 could be a make-or-break year for voluntary carbon market “If buyers can’t trust the quality of the credits they’re buying and risk greenwashing accusations, then the market will never reach its potential." Melodie Michel 13 February 2024
Policy & Standards Biodiversity disclosures have doubled among US-listed companies Companies may also hope to offset some of their biodiversity impacts through nature-based carbon credits – but co-benefits are not guaranteed. Melodie Michel 10 January 2024
COP28 ‘Terrible news’: COP28 fails to clarify carbon trading rules For some, the absence of a deal is better than a low-integrity carbon market that would undermine progress towards the Paris Agreement. Melodie Michel 13 December 2023
COP28 How the private sector can turn climate challenges into opportunities at COP28 Luma Saqqaf, Founder of AJYAL Sustainability Consulting, discusses what businesses can expect from COP28 in terms of climate ambitions, finance, and carbon markets. Melodie Michel 06 December 2023