Banking Goldman Sachs leaves NZBA ahead of capital market emissions requirements Earlier this year, Goldman Sachs AM also left Climate Action 100+ ahead of more stringent guidelines around oil and gas financing. Melodie Michel 10 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
Food and Beverages Consumer goods firms standardise supplier sustainability targets The targets cover emissions disclosures and mitigation, renewables, deforestation and regenerative agriculture. Melodie Michel 22 November 2024
People & Culture Ordnance Survey Sustainability Lead Ella Cowen on narrowing down focus to yield tangible results "Having both a top down and bottom-up approach helps to get everyone really interested and stuck in.” Rachel Willcox 30 October 2024
Supply chains Volkswagen will make EVs with low-carbon steel from 2028 The carmaker estimates that 15 to 20% of an electric vehicle’s emissions come from steel production. Melodie Michel 23 October 2024
Sustainability Reports Smiths Group reports 15% year-on-year reduction in GHG emissions The firm aims to have 25% of its suppliers by spend commit to science-based targets by 2027. Melodie Michel 14 October 2024
Sustainability Reports Yum! Brands’ ‘unstoppable growth’ strategy is hindering its climate performance The KFC, Taco Bell and Pizza hut owner saw Scope 2 (market-based) emissions ump 150% last year. Melodie Michel 09 October 2024
Carbon Credits Global South organisations urge SBTi to expand carbon credit use for Scope 3 “As we know all too well, we cannot rely on philanthropy alone." Melodie Michel 30 September 2024
Operations & Finance CEO climate alliance ‘demonstrates sustainable growth’ by cutting emissions and increasing revenue “The results prove that green growth is not just an idea for the future but a real value driver today." Melodie Michel 27 September 2024
Carbon offsets SBTi releases ‘mixed findings’ on carbon credit effectiveness in climate targets "The SBTi believes that direct decarbonisation must remain the priority for corporate climate action." Melodie Michel 30 July 2024