Climate Targets Think tanks warn against Scope 3 flexibility as corporate climate targets remain insufficient Corporate Climate Responsibility Monitor urges VCMI and SBTi to strengthen their standards. Melodie Michel 09 April 2024
Policy & Standards UK’s Transition Plan Taskforce unveils sector-specific guidance Asset managers and banks, as well as companies in electricity, food and beverages, mining and oil and gas now have access to detailed recommendations to draft their transition plans. Melodie Michel 09 April 2024
Policy & Standards SEC delays climate disclosure rule implementation amid legal challenges In the month since its publication, the rule has been the object of at least nine lawsuits from Republican states, energy companies and industry associations. Melodie Michel 05 April 2024
Policy & Standards Is the Nature Restoration Law facing the same fate as CSDDD? Hungary's U-turn has forced the EU Council to postpone a vote – most likely until after the parliamentary elections. Melodie Michel 01 April 2024
Policy & Standards EU reaches deal on contested CSDDD: Thousands of firms set to become liable for their supply chains Whereas the original directive would have affected up to 16,000 companies, it is now estimated that about 5,300 of Europe’s largest corporations fall under its remit. Melodie Michel 15 March 2024
Policy & Standards Global banks set to include capital market emissions in net zero targets The second version of the NZBA guidelines reflect improvements in financed emissions calculation methodologies and data quality. Melodie Michel 14 March 2024
Policy & Standards Greenwashing soon to be punishable by fines of 4% of turnover in the EU Yesterday’s EU parliament vote signals an almost unanimous desire to get the Green Claims Directive over the line – with new details on what it will entail. Melodie Michel 13 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
Policy & Standards Uncertain future for adopted SEC climate risk disclosure rule The final, watered down rule can still be struck down... but would it matter to Chief Sustainability Officers? Melodie Michel 07 March 2024
Policy & Standards SEC to vote on watered down climate disclosure rule next week The Commission is said to have removed Scope 3 emissions from its final draft. Melodie Michel 29 February 2024