Oil & Gas

Mixed investor messages as oil and gas majors come under fire for lack of climate ambition

Groups highlight oil and gas transition risk for investors, but shareholders continue to reject higher climate ambitions.

Melodie Michel

27 March 2024

Sustainability Reports

Volkswagen sees carbon footprint jump despite vehicle intensity gains

Volkswagen managed to lower vehicle carbon intensity in 2023 – but commercial growth outweighed these emissions gains.

Melodie Michel

13 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

Operations & Finance

Emissions rise slowed down last year, but droughts hit progress

Still, advanced economies experienced their largest emissions drop outside of a recession.

Melodie Michel

04 March 2024

Mining

Miners commit to 'nature positivity' after Norway greenlights deep sea mining

This is the latest sustainability commitment made by mining leaders in an effort to ensure the increased mineral demand fuelling the net zero transition doesn’t cause more environmental damage.

Melodie Michel

19 January 2024

Scope 3

Procurement leaders feel ‘best guess’ Scope 3 reporting puts them at risk of unintentional greenwashing

For most supply chain managers, the inability to accurately measure supplier emissions “makes it hard to turn words into action”.

Melodie Michel

15 January 2024

Operations & Finance

BCG will buy 21,000 tonnes of direct air capture credits over the next three years

Direct air capture currently costs US$600 to US$1,000 per tonne.

Melodie Michel

12 January 2024

People & Culture

Scope 4 emissions: What Chief Sustainability Officers should know

Scope 4 aims to quantify the emissions avoided merely by using one product instead of another, but calculations rely largely on assumptions.

Melodie Michel

04 January 2024

People & Culture

People moves: CSOs come and go in the battery supply chain

Battery supply chains are under pressure to improve their sustainability credentials – and this is leading to governance shake-ups.

Melodie Michel

08 December 2023

Operations & Finance

Think tank warns against over-reliance on ‘underperforming’ carbon capture

Relying on large-scale CCS, combined with an underperformance in these technologies, could lead to excess greenhouse gas emissions of 86 billion tonnes between 2020 and 2050.

Melodie Michel

05 December 2023