Carbon offsets

Meta to purchase millions of carbon credits from Latin American forests

Meta is aiming to “not exceed” its 2021 Scope 3 emissions (5.7 million tonnes of CO2e) by the end of 2031.

Melodie Michel

19 September 2024

Electric Vehicles

EVs could represent nearly a quarter of all EU car sales next year

Transport & Environment (T&E) is urging carmakers not to slow down EV efforts or lobby to delay emissions targets from the EU.

Melodie Michel

18 September 2024

Nature-related risks

SBTN launches consultation on science-based ocean targets

The draft targets focus on seafood value chains and address corporate impacts from wild fishing and aquaculture.

Melodie Michel

11 September 2024

Transition Planning

Transition Pathway Initiative: Credible climate transition plans still ‘very rare’

Most firms plan to “postpone deep emissions cuts until the 2040s”.

Melodie Michel

10 September 2024

Plastic Pollution

Morgan Stanley drops 2030 pledge to cut plastic pollution

The bank removed all mentions of its Plastic Waste Resolution from its latest ESG report.

Melodie Michel

06 September 2024

Electric Vehicles

Volvo drops 100% EV goal by 2030, adjusts GHG reduction target

"The transition to electrification will not be linear, and customers and markets are moving at different speeds of adoption."

Melodie Michel

04 September 2024

Climate Targets

Most UK fashion brands still lack climate targets

Collective Fashion Justice is urging brands to set emissions reduction targets that include transitioning away from animal-based materials.

Melodie Michel

02 September 2024

Policy & Standards

SBTi calls for no new fossil fuel installation from 2030 to decarbonise buildings

Companies setting SBTi-approved targets in the construction sector shall also reduce operational and embedded emissions.

Melodie Michel

29 August 2024

Supply chains

Shein strengthens supplier termination policy after uncovering cases of child labour

The e-commerce giant now immediately terminates suppliers that commit severe violations of its ethics code.

Melodie Michel

27 August 2024

Climate Targets

Study finds ‘little evidence’ that having SBTi-approved targets increases stock prices

The findings come as listed companies are close to burning through their remaining 1.5ºC carbon budget.

Melodie Michel

13 August 2024