Climate Targets BrewDog and Asda revisit climate pledges Recent months have brought a trend of dropped commitments, extended deadlines and sustainability strategy reshuffles. Melodie Michel 22 July 2024
CSO Futures Weekly CSO Futures Weekly: Progress on plastic is anything but fantastic Companies struggling to meet their plastic goals, new transition planning guidance and a couple of high-profile CSO appointments. Melodie Michel 13 June 2024
Climate Targets Number of companies with SBTi targets reaches 5,500 Last year, the number of companies with SBTi targets had already doubled, reaching 4,204. Melodie Michel 12 June 2024
Sustainability Reports Chemours advances emissions goals – but continues to advocate for PFAS The firm more than doubled its EU lobbying budget in 2023, where PFAS regulation is being considered. Melodie Michel 12 June 2024
CSO Futures Weekly CSO Futures Weekly: The true power of transition planning Transition plans for transformation, H&M's carbon offset concerns and a raft of sustainability appointments. Melodie Michel 06 June 2024
Policy & Standards H&M Head of Sustainability ‘concerned’ about expanding carbon offset use within SBTi “The decision weakens corporate climate pledges and makes real decarbonisation efforts within value chains less attractive.” Melodie Michel 03 June 2024
Carbon market Voluntary carbon market value down 61% as firms become wary of carbon offsets This is the second consecutive year of contraction for the VCM, after a peak of nearly US$2 billion in 2021. Melodie Michel 31 May 2024
Policy & Standards SBTi updates financial institution guidance with optional fossil fuel target criteria The new document also clarifies that the exclusion of non-material activities from FI targets “may not exempt any activities related to fossil fuels”. Melodie Michel 30 May 2024
Policy & Standards US government releases carbon offsetting principles, hopes to boost voluntary carbon market The principles draw from other carbon market integrity guidelines from the ICVCM and VCMI. Melodie Michel 28 May 2024
Carbon removals Big Tech bets on carbon credits as AI climate impact grows Nature-based projects to remove CO2 from the atmosphere are often criticised for exaggerating their positive impacts, but the Symbiosis Coalition hopes to raise quality standards. Melodie Michel 27 May 2024