Climate risk Climate change is putting 7% of corporate earnings in jeopardy Companies are seeing up to US$19 in avoided losses for every dollar spent on climate resilience. Melodie Michel 12 December 2024
Fashion Sustainability ātakes a backseatā as fashion industry prepares for uncertain outlook Only 18% of fashion executives consider sustainability a top-three risk for growth in 2025. Melodie Michel 26 November 2024
Food and Beverages Consumer goods firms standardise supplier sustainability targets The targets cover emissions disclosures and mitigation, renewables, deforestation and regenerative agriculture. Melodie Michel 22 November 2024
COP29 āFossil fuel business modelā remains pervasive: CCPI report Too many governments continue to support fossil fuel developments. Melodie Michel 20 November 2024
Operations & Finance IKEA invests ā¬1.5bn to phase out fossil fuels in existing properties Heating and cooling are currently the largest drivers of emission within Ingka Groupās own operations. Melodie Michel 15 November 2024
Policy & Standards Canada introduces regulation to cap oil and gas emissions Though presented as a ācap on pollution, not productionā, the regulation seeks to redirect the sectorās record profits towards decarbonisation. Melodie Michel 05 November 2024
Net zero EU emissions down 8%: ālargest annual drop in decadesā Most high-emitting sectors made record progress in reducing emissions in 2023. Melodie Michel 04 November 2024
Policy & Standards UN report calls for 42% emissions reduction by 2030 āIt remains technically possible to get on a 1.5Ā°C pathway." Melodie Michel 25 October 2024
Climate Targets Most high emitters still fail to set credible short-term climate targets Companies are letting their short-term targets expire or scrapping them completely. Melodie Michel 22 October 2024
Sustainability Reports Smiths Group reports 15% year-on-year reduction in GHG emissions The firm aims to have 25% of its suppliers by spend commit to science-based targets by 2027. Melodie Michel 14 October 2024