Supply chains Volkswagen will make EVs with low-carbon steel from 2028 The carmaker estimates that 15 to 20% of an electric vehicleâs 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! Brandsâ âunstoppable growthâ 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 âAs we know all too well, we cannot rely on philanthropy alone." Melodie Michel 30 September 2024
Operations & Finance CEO climate alliance âdemonstrates sustainable growthâ by cutting emissions and increasing revenue âThe 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 âmixed findingsâ 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
CSO Futures Weekly CSO Futures Weekly: Are three years enough to prepare for CSDDD? An uphill battle to CSDDD compliance, updates on the debate around carbon offset use for Scope 3 and insider tips on how to be a good CSO. Melodie Michel 25 July 2024
Carbon offsets VCMI to launch consultation on use of carbon credits for Scope 3 Standard-settersâ exploration of Scope 3 decarbonisation flexibility has rekindled the debate around the corporate use of carbon offsets. Melodie Michel 23 July 2024
Climate litigation Climate groups drop lawsuits seeking stricter climate disclosures to support SEC against anti-ESG challenges Sierra Club and NRDC will focus their resources on âadvocating for improvements to climate-related financial disclosuresâ outside of court. Melodie Michel 05 June 2024
Policy & Standards H&M Head of Sustainability âconcernedâ about expanding carbon offset use within SBTi âThe decision weakens corporate climate pledges and makes real decarbonisation efforts within value chains less attractive.â Melodie Michel 03 June 2024