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
climate resilience Critical minerals supply threatened by climate risk – even under low-emissions scenario “Even if global carbon emissions rapidly decrease, climate disruption poses a serious and growing threat to the world’s ability to produce essential commodities.” Melodie Michel 30 April 2024
Operations & Finance Battery storage: 14-fold increase necessary to meet climate goals, says IEA To triple renewable energy capacity by 2030 energy storage needs to reach 1,500 GW – up from less than 300 GW at present. Melodie Michel 29 April 2024
Operations & Finance ‘Sweat that asset’: How CSOs can help accelerate circular electronics A record 62 million tonnes of e-waste was produced in 2022. Melodie Michel 25 April 2024
Policy & Standards Investors managing US$9.5tn to include all asset classes in updated 2030 targets Private assets are included for the first time, in a bid to limit the sale of ‘brown assets’ into the private market. Melodie Michel 18 April 2024
Operations & Finance Buyers alliance commits US$200 million to scale up sustainable aviation fuel The collection of deals use SAF certificates to signal demand for clean fuel. Melodie Michel 18 April 2024
Sustainability Reports Mondelez reports emissions reductions across all scopes, unveils new SBTi targets Almost three quarters (73%) of Mondelez’ carbon footprint comes from raw materials, with cocoa and dairy as the main culprits. Melodie Michel 16 April 2024
Operations & Finance Apple to improve circularity by enabling iPhone repairs with used parts Apple has been accused of greenwashing for focusing on sustainability initiatives without improving customers' right to repair. Melodie Michel 15 April 2024
Human rights Waitrose joins Tony’s Chocolonely initiative for ethical cocoa supply chain Waitrose is paying farmers an additional premium on top of the Fairtrade certified bean price as part of the initiative. Melodie Michel 10 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