Operations & Finance - CSO Futures (Page 6)

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Waitrose joins Tony’s Chocolonely initiative for ethical cocoa supply chain

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.

10 April 2024

Zurich stops underwriting new oil and gas projects

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.

10 April 2024

Carbon costs and rising green steel demand justify €4.5 billion mill investment for SSAB

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.

03 April 2024

Tesco teams up with Natwest to support farmers’ energy transition

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.

02 April 2024

Co-op unveils SBTi-approved climate targets including agriculture emissions

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%.

01 April 2024

H&M improves data accuracy – and adds nearly 2 million tonnes of emissions to estimates

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.

28 March 2024

Mixed investor messages as oil and gas majors come under fire for lack of climate ambition

Mixed investor messages as oil and gas majors come under fire for lack of climate ambition

Groups highlight oil and gas transition risk for investors, but shareholders continue to reject higher climate ambitions.

27 March 2024

Faced with a materials conundrum, Lego bets on carbon removal

Operations & Finance

Faced with a materials conundrum, Lego bets on carbon removal

Lego's Scope 3 emissions have increased steadily from 1.02 million tonnes in 2019 to 1.6 million tonnes in 2022.

26 March 2024

Sustainability reporting anxiety mounts among UK firms

climate reporting

Sustainability reporting anxiety mounts among UK firms

Worryingly, 38% of UK sustainability decision makers admit they are “not clear” on what they should be reporting on.

25 March 2024

Ball Corporation cut Scope 3 emissions for the first time in 2023 – by almost 29%

Operations & Finance

Ball Corporation cut Scope 3 emissions for the first time in 2023 – by almost 29%

“Not that we will achieve this every year, a few things went our way!”

25 March 2024