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
Operations & Finance Carbon costs and rising green steel demand justify €4.5 billion mill investment for SSAB Set to begin operations by 2029, the company's new fossil-free mill will expand production capacity by 0.5 million tonnes a year. Melodie Michel 03 April 2024
Operations & Finance Tesco teams up with Natwest to support farmers’ energy transition Other retailers have implemented similar programmes to incentivise their suppliers’ decarbonisation – and reduce their own Scope 3 footprint. Melodie Michel 02 April 2024
Climate Targets Co-op unveils SBTi-approved climate targets including agriculture emissions So far, Co-op has cut operational emissions by 59% from its 2016 baseline, and reduced absolute Scope 3 emissions by 21%. Melodie Michel 01 April 2024
Operations & Finance H&M improves data accuracy – and adds nearly 2 million tonnes of emissions to estimates H&M has applied these calculation changes to historical results, including its 2019 baseline. Melodie Michel 28 March 2024