Energy Transition COP28 ‘coal to clean’ carbon credit scheme gets Verra approval The initiative allows coal plants closing down before the end of their productive life to receive carbon finance. Melodie Michel 07 May 2025
CSO BP eliminates top sustainability role, yielding to investor pressure BP’s profits experienced a record drop in the past year, posting just US$687 million in Q1 2025. Melodie Michel 02 May 2025
Sustainable Finance HSBC investors demand renewed climate commitment after ‘deeply concerning signals’ "If the bank fails to do so it should not expect shareholders to remain silent." Melodie Michel 02 May 2025
Energy Transition Growing data centre energy demand could delay fossil fuel phase-out Nearly two-thirds of added generation to meet data centre demand is expected to come from fossil fuels. Melodie Michel 16 April 2025
Sustainability Governance Unilever wants trade associations to take a more active climate advocacy stance Many firms remained misaligned with their industry associations on climate change. Melodie Michel 08 April 2025
Policy & Standards EU Clean Industrial Deal: €100bn to accelerate green manufacturing Sustainability criteria in public procurement, carbon intensity label and a 24% circularity target. Melodie Michel 27 February 2025
SAF SAF production growth was ‘disappointingly slow’ in 2024 "Investors in new generation fuel producers seem to be waiting for guarantees of easy money." Melodie Michel 17 December 2024
Banking Goldman Sachs leaves NZBA ahead of capital market emissions requirements Earlier this year, Goldman Sachs AM also left Climate Action 100+ ahead of more stringent guidelines around oil and gas financing. Melodie Michel 10 December 2024
Oil & Gas Oil and gas firms risk stranded assets by betting on petrochemicals: report Petrochemical demand would have to grow by 3.9% per year until 2035 to make up for lost transportation demand. Melodie Michel 06 December 2024
Global Plastics Treaty Global Plastics Treaty talks to resume in 2025 after INC-5 ends in deadlock "A Treaty that doesn’t protect us fully, that doesn’t cap plastic production, is not a Treaty worth having.” Melodie Michel 02 December 2024