Policy & Standards Canada introduces regulation to cap oil and gas emissions Though presented as a âcap on pollution, not productionâ, the regulation seeks to redirect the sectorâs record profits towards decarbonisation. Melodie Michel 05 November 2024
Net zero EU emissions down 8%: âlargest annual drop in decadesâ 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 âIt remains technically possible to get on a 1.5°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
Carbon removals Microsoft builds on carbon credit strategy with Mexican rainforest agreement Microsoft's carbon footprint jumped by nearly 30% in 2023. Melodie Michel 12 September 2024
Transition Planning Transition Pathway Initiative: Credible climate transition plans still âvery rareâ Most firms plan to âpostpone deep emissions cuts until the 2040sâ. Melodie Michel 10 September 2024