Climate Targets

Co-op unveils SBTi-approved climate targets including agriculture emissions

So far, Co-op has cut operational emissions by 59% from its 2016 baseline, and reduced absolute Scope 3 emissions by 21%.

Melodie Michel

01 April 2024

Operations & Finance

H&M improves data accuracy – and adds nearly 2 million tonnes of emissions to estimates

H&M has applied these calculation changes to historical results, including its 2019 baseline.

Melodie Michel

28 March 2024

Climate Targets

Sainsbury’s unveils new 2030 climate targets that include land use and agriculture

This is the first time the UK retailer has set goals for land use emissions, which come with a commitment to end deforestation across primary commodities by the end of 2025.

Melodie Michel

19 March 2024

Operations & Finance

Nokia admits it is ‘not on track’ to meet 2030 target but bets on exponential decarbonisation

The telco is doubling down on climate commitments with a new goal to reach net zero by 2040.

Melodie Michel

12 March 2024

Climate Targets

JBS and X among 284 companies that failed to meet science-based target-setting commitment

Scope 3 challenges, lack of sector-specific standards and fear of not being able to meet targets top the reasons for missing deadline.

Melodie Michel

11 March 2024

Climate Targets

Unilever moves from GHG intensity to absolute Scope 3 reduction targets as data granularity improves

Adjustments were made as Scope 3 emissions reduction proved more challenging than expected, prompting the firm to revisit plans and measurements.

Melodie Michel

08 March 2024

Policy & Standards

EU 2040 climate target bets heavily on CCS, backtracks on agriculture

The new recommended target is deemed “not quite 1.5°C compatible”.

Melodie Michel

07 February 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

Operations & Finance

Deutsche Bank sets strict emissions targets across corporate loans

The bank is vetting carbon-intensive loans and phasing out clients that refuse to align with its net zero strategy.

Melodie Michel

19 October 2023

Operations & Finance

Sustainability-linked loans are not (yet) where they need to be

Recent financing granted to mining companies raise questions around the KPIs used in sustainability-linked loans.

Melodie Michel

19 October 2023