Energy Transition

EU energy transition: 20% of fossil fuel generation displaced by renewables since 2019

Without policy-driven wind and solar growth, fossil generation would have fallen by just 1.9% (21 TWh).

Melodie Michel

03 June 2024

Policy & Standards

SBTi updates financial institution guidance with optional fossil fuel target criteria

The new document also clarifies that the exclusion of non-material activities from FI targets “may not exempt any activities related to fossil fuels”.

Melodie Michel

30 May 2024

Sustainable Finance

Sustainable finance under scrutiny amid Barclays controversy

Overly flexible guidelines may be allowing banks to fund fossil fuel expansion under sustainability labels.

Melodie Michel

14 May 2024

Policy & Standards

Lack net zero targets among private firms could lead to CSRD penalties

Just eight of the top 100 private companies have set a net zero target in the past 18 months.

Melodie Michel

22 April 2024

Operations & Finance

Zurich stops underwriting new oil and gas projects

In 2022, the Swiss insurance company was the world’s sixth largest fossil fuel underwriter.

Melodie Michel

10 April 2024

CSO Futures Weekly

CSO Futures Weekly: Climate accountability and a €4.5bn green steel mill

Energy giants are held to account, the business case for sustainability strengthens and UK supermarkets up their game...

Melodie Michel

04 April 2024

Fossil fuels

Most fossil fuel companies have increased emissions since the Paris Agreement

"This research provides a crucial link in holding these energy giants to account on the consequences of their activities.”

Melodie Michel

04 April 2024

Operations & Finance

US$2 trillion a year needed to meet 2030 renewable energy goal

The world is on track to invest US$6.6 trillion in renewables and grids from 2024 to 2030, leaving a funding gap of just over US$5 trillion.

Melodie Michel

13 February 2024

COP29

Naming of another oil veteran as COP29 president sparks concerns among sustainability leaders

This is the second time the world’s most important climate summit will be led by someone with strong ties with the fossil fuel industry.

Melodie Michel

08 January 2024

People & Culture

What will Chief Sustainability Officers focus on in 2024?

CSO Futures dives into the sustainability themes that are likely to draw the most attention next year.

Melodie Michel

21 December 2023