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
Policy & Standards CEO alliance joins calls to accelerate global climate ambition Recommendations include expanding the use of carbon pricing and supporting high-integrity voluntary carbon markets. Melodie Michel 10 October 2024
Operations & Finance BHP launches India green steel collaboration amidst challenging economics Green steelmaking remains far more expensive than traditional production processes. Melodie Michel 09 October 2024
People & Culture Most executives believe it is possible to decouple growth from emissions More than a third of CxOs say that sustainability efforts have helped them increase operating margins. Melodie Michel 16 September 2024