People & Culture People moves: L Catterton poaches Ralph Lauren sustainability head, CNH names first CSO Two top sustainability appointments were made this week. Melodie Michel 31 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
Policy & Standards ESMA proposes anti-greenwashing improvements to Sustainable Finance Framework Main suggestions include strengthening the EU Taxonomy, expanding ESG fund labelling and better defining transition investments. Melodie Michel 25 July 2024
Climate litigation ExxonMobil's shareholder lawsuit over climate proposal dismissed Investors recently rejected all sustainability-related proposals at the company's AGM. Melodie Michel 18 June 2024
People & Culture Abrdn completes sustainability governance team with two senior appointments The firm has poached sustainable investment veteran Kristina Church from BNY Mellon in the role of Global Head of Corporate Sustainability. Melodie Michel 04 June 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 âmay not exempt any activities related to fossil fuelsâ. Melodie Michel 30 May 2024
Oil & Gas ExxonMobil investors reject all sustainability-related proposals amid legal tensions Several shareholders have spoken out against Exxon's legal offensive, considered a tactic of âintimidation and bullyingâ. Melodie Michel 30 May 2024
Transition Planning Climate transition planning for finance: Cracking the CSOâs budget "The transition plan is the document where you can articulate why you've made certain trade-off decisions in a way that can build trust with investors." Melodie Michel 29 May 2024
People & Culture Abrdn names new Chief Sustainability Officer amid governance restructuring The firm has announced a âtransformation programmeâ aimed at cutting at least ÂŁ150 million in annual costs by 2025. Melodie Michel 27 May 2024
Policy & Standards Investors call for global ISSB adoption by 2025 Over 40% of the worldâs 4,000 largest listed firms still did not disclose their Scope 1 and 2 emissions in 2022. Melodie Michel 27 May 2024