Sustainable Finance Concerns grow over banks’ climate commitments as GFANZ loosens mandate The move comes after several financial institutions decided to leave UN-backed climate initiatives, such as NZBA. Melodie Michel 06 January 2025
Policy & Standards US announces 61% emissions reduction goal for 2035 – likely to be led by states Strong leadership by non-federal actors could put the US on a path to 54-62% emissions reductions. Melodie Michel 20 December 2024
Policy & Standards EU adopts sustainable packaging and recycling rules "Companies will ignore the packaging and packaging waste regulation at their peril." Melodie Michel 17 December 2024
Policy & Standards Asset owners push for mandatory Scope 3 emissions disclosures Limited data quality and inconsistent accounting frameworks make it challenging for investors to integrate Scope 3 in their targets. Melodie Michel 09 December 2024
Policy & Standards Climate advocacy of biggest insurers and pension funds under fire Analysis finds a lack of stewardship on climate policy engagement among the world’s largest asset owners. Rachel Willcox 03 December 2024
Policy & Standards Norway suspends deep-sea mining plans The world’s first deep-sea mining permits will no longer be delivered in the first half of 2025, but many believe this is just a delay. Melodie Michel 02 December 2024
Policy & Standards ISSB publishes new guide on identifying and disclosing sustainability-related risks Recent data suggests that companies still largely underestimate their sustainability-related risks. Melodie Michel 19 November 2024
Policy & Standards EU Parliament postpones Deforestation Regulation despite corporate calls to maintain it If approved in trilogue negotiations, the delay would give large operators until December 2025 to comply. Melodie Michel 15 November 2024
Transition Planning Corporate climate opportunities now worth US$16tn Individual businesses identify around US$3 billion of potential gains on average. Melodie Michel 13 November 2024
Policy & Standards Think tank urges governments to make TNFD reporting mandatory More than 500 organisations have already committed voluntarily to the TNFD. Melodie Michel 12 November 2024