Climate Targets - CSO Futures (Page 5)

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

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.

28 March 2024

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

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.

19 March 2024

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

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.

12 March 2024

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

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.

11 March 2024

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

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.

08 March 2024

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

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”.

07 February 2024

‘Terrible news’: COP28 fails to clarify carbon trading rules

‘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.

13 December 2023

Deutsche Bank sets strict emissions targets across corporate loans

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.

19 October 2023

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

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.

19 October 2023

Science-based targets: With great power comes great responsibility

Policy & Standards

Science-based targets: With great power comes great responsibility

What is the SBTi and what kind of transition is it currently going through?

09 October 2023