Policy & Standards Heavy fuel oil ban takes effect in Arctic Ships sailing through Arctic waters can no longer use or carry heavy bunker fuel, though some say a long list of exemptions has undermined the ban's effectiveness. Olivia Peluso 01 July 2024
People & Culture Incoming Mexican president taps renewables expert as secretary of energy Mexicoâs incoming President Claudia Sheinbaum has appointed Luz Elena GonzĂĄlez, an expert in sustainable development, as the next secretary of energy. Olivia Peluso 28 June 2024
Operations & Finance Lufthansa Group adds fee to cover EU sustainability regulations The Lufthansa Group is introducing an environmental surcharge to all flights departing from the EU, the UK, Norway, and Switzerland, saying it could not bear the additional costs generated from soon-to-be enacted sustainability regulations. Olivia Peluso 26 June 2024
Policy & Standards Nigeria to ban single-use plastics from 2025 Nigeria announced a ban on single-use plastics in government offices as the first step in a nationwide ban set to begin in January. Olivia Peluso 26 June 2024
Policy & Standards ECB sets stricter climate targets for portfolio The European Central Bank said it would introduce greenhouse gas emissions reduction targets for its corporate bond portfolio and may even sell some assets if it fails to meet its goals. Olivia Peluso 25 June 2024
Transition Planning New business coalition launches to boost government climate plans ahead of UN deadline Some of the worldâs largest companies, financial institutions, and cities have formed the Mission 2025 coalition, calling for governments to increase their ambition in setting climate goals. Olivia Peluso 24 June 2024
Energy Transition CSO Futures Weekly: Climate transition plans catch force Corporate climate transition plans are on the rise, though overall, momentum in the energy transition, food-related sustainability, and governmental initiatives are lagging. Olivia Peluso 20 June 2024
Transition Planning CDP: One-quarter of companies now have a 1.5ÂșC-aligned climate transition plan Corporate adoption of climate transition plans rose last year, with one in four companies now stating they had one in their CDP disclosures. Olivia Peluso 18 June 2024
Nature Restoration Law Sustainability leaders welcome EU adoption of Nature Restoration Law âToday marks a pivotal victory for Europeâs people, nature and climate alike,â said Janneke de Vries, Director of EU Partnerships at World Resources Institute. Olivia Peluso 18 June 2024
Policy & Standards G7 climate commitments fall short of corporate expectations "This is a missed opportunity even at a time of uncertain politics.â Olivia Peluso 18 June 2024