Energy Transition Electricity emissions may have peaked in 2023 Renewable energy, including solar, wind and hydro, made up a record 30% of the world’s energy mix last year. Melodie Michel 09 May 2024
Sustainability Reports Paypal’s crypto emissions now make up more than 15% of its carbon footprint The crypto assets held by Paypal on behalf of its customers more than doubled between 2022 and 2023, reaching US$1.2 billion. Melodie Michel 08 May 2024
Sustainability Reports General Motors blames slow carbon intensity progress on demand for combustion vehicles GM's absolute Scope 3 emissions are down from the 2018 baseline but have been creeping up since 2021. Melodie Michel 02 May 2024
Carbon offsets Interface to repurpose millions of dollars of carbon offset investments towards CO2 reductions As of April 30, the flooring firm will discontinue its carbon neutrality programme and go "all in" on carbon reductions. Melodie Michel 24 April 2024
Guest article How SMBs can make our world more sustainable – on World Earth Day, and beyond Elisa Moscolin, Executive Vice President of Sustainability at Sage, shares practical advice for small businesses on climate action. Melodie Michel 22 April 2024
Renewable energy 2023 ‘best year’ for wind energy capacity Despite recent progress, the industry could still fall short of the 3.5 TW needed by 2030 to limit global warming to 1.5ºC. Melodie Michel 16 April 2024
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
Operations & Finance Many smaller companies are yet to develop a decarbonisation plan – and are in no rush to do so Multinational corporations are ramping up efforts to decarbonise their supply chains, but a new survey suggests that small and medium firms are yet to identify clear benefits in joining the net zero movement. Melodie Michel 01 December 2023
Policy & Standards What CSOs should know about the new GRI climate standards The new standards would require companies to report on the social impacts of their climate efforts, their use of carbon credits and removals, and the investments allocated to mitigation and adaptation. Melodie Michel 29 November 2023
Operations & Finance UAE banks step up sustainability efforts ahead of COP28 in Dubai Growing sustainable financing goals signal that banks in the region are keen to support the world's net zero transition. Melodie Michel 27 November 2023