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
Carbon market 2024 could be a make-or-break year for voluntary carbon market “If buyers can’t trust the quality of the credits they’re buying and risk greenwashing accusations, then the market will never reach its potential." Melodie Michel 13 February 2024
Operations & Finance Top fossil fuel financier Barclays stops funding new oil and gas projects The bank's previous climate plan was criticised for lacking a commitment to end new oil and gas expansion. Melodie Michel 09 February 2024
climate reporting Climate disclosures grow, but quality still lacks: CDP “The stark reality is that we are incredibly far behind where we need to be, and progress is much too slow.” Melodie Michel 08 February 2024
Climate Adaptation Climate resilience approaches (and budget considerations) for Chief Sustainability Officers "If you're not investing in adaptation and resilience, you'll completely derail your mitigation efforts." Melodie Michel 06 February 2024