Climate litigation

German court cracks down on greenwashing

Thursday's ruling is the latest attempt by European regulators to crack down on greenwashing tactics as companies seek to woo the eco-conscious consumer.

Olivia Peluso

27 June 2024

CSO Futures Weekly

CSO Futures Weekly: Governments asked to step up, while some businesses push back

Courts and countries are backing biodiversity around the world, while the EU faces pressure from businesses on both sides as it smooths out its climate targets.

Olivia Peluso

27 June 2024

Operations & Finance

Lufthansa Group adds fee to cover EU sustainability regulations

The Lufthansa Group is introducing an environmental surcharge to all flights departing from the EU, the UK, Norway, and Switzerland, saying it could not bear the additional costs generated from soon-to-be enacted sustainability regulations.

Olivia Peluso

26 June 2024

Transition Planning

New business coalition launches to boost government climate plans ahead of UN deadline

Some of the world’s largest companies, financial institutions, and cities have formed the Mission 2025 coalition, calling for governments to increase their ambition in setting climate goals.

Olivia Peluso

24 June 2024

Transition Planning

ISSB to ‘harmonize disclosures’ on corporate climate transition plans

The International Sustainability Standards Board said it would release guidance to standardize how companies worldwide publish details on their climate transition plans to meet net-zero goals.

Olivia Peluso

24 June 2024

Energy Transition

TotalEnergies, EnBW win offshore wind site for US$3.2 bn

TotalEnergies and EnBW won a 2.5 gigawatt (GW) German offshore wind site in an auction for a combined $3.2 billion.

Olivia Peluso

21 June 2024

Sustainability Reports

Chemours advances emissions goals – but continues to advocate for PFAS

The firm more than doubled its EU lobbying budget in 2023, where PFAS regulation is being considered.

Melodie Michel

12 June 2024

Sustainability Governance

GCC firms are formalising sustainability efforts with CSO appointments

48% of GCC companies now have a Chief Sustainability Officer or plan to name one in the next 12 months.

Melodie Michel

06 June 2024

Policy & Standards

H&M Head of Sustainability ‘concerned’ about expanding carbon offset use within SBTi

“The decision weakens corporate climate pledges and makes real decarbonisation efforts within value chains less attractive.”

Melodie Michel

03 June 2024

Oil & Gas

ExxonMobil investors reject all sustainability-related proposals amid legal tensions

Several shareholders have spoken out against Exxon's legal offensive, considered a tactic of “intimidation and bullying”.

Melodie Michel

30 May 2024