Operations & Finance Big business urged to set business travel targets as emissions inch towards pre-Covid 19 levels Accenture's business travel emissions grew by 47% between 2022 and 2023. Melodie Michel 12 March 2024
Climate Targets JBS and X among 284 companies that failed to meet science-based target-setting commitment Scope 3 challenges, lack of sector-specific standards and fear of not being able to meet targets top the reasons for missing deadline. Melodie Michel 11 March 2024
Climate Targets Unilever moves from GHG intensity to absolute Scope 3 reduction targets as data granularity improves Adjustments were made as Scope 3 emissions reduction proved more challenging than expected, prompting the firm to revisit plans and measurements. Melodie Michel 08 March 2024
Operations & Finance Emissions rise slowed down last year, but droughts hit progress Still, advanced economies experienced their largest emissions drop outside of a recession. Melodie Michel 04 March 2024
Operations & Finance HSBC puts focus on sustainability execution after board criticism The bank was asked to “better define core areas of the group’s sustainability execution programme", including accountability and governance. Melodie Michel 29 February 2024
Operations & Finance World’s biggest emitters still fail to disclose climate-related business risks The companies analysed include oil and gas majors such as BP, Chevron and TotalEnergies, as well as airlines, miners and large manufacturers. Melodie Michel 22 February 2024
Operations & Finance Sustainable bond issuances to reach US$1 trillion in 2024 Growth is likely to be spurred by increased transparency and the adoption of green taxonomies. Melodie Michel 19 February 2024
Operations & Finance Investors worth US$14tn leave CA100+ climate group The move comes just a few days after CA100+ released a net zero standard for oil and gas companies, signalling its intention to start pressuring the sector to decarbonise. Melodie Michel 16 February 2024
Operations & Finance Corporates broke new clean energy purchasing records in 2023 Since 2008, companies have announced power purchase agreements for 198 GW of renewable energy. Melodie Michel 14 February 2024
Operations & Finance US$2 trillion a year needed to meet 2030 renewable energy goal The world is on track to invest US$6.6 trillion in renewables and grids from 2024 to 2030, leaving a funding gap of just over US$5 trillion. Melodie Michel 13 February 2024