Companies worth US$1 trillion call for fossil fuels phase-out as oil and gas firms scale back climate ambition
Pressure to phase out fossil fuels is mounting ahead of COP28.
Australian study links pay incentives to sustainability data 'restatements'
This is not the first study to question the legitimacy of tying executive bonuses to sustainability performance.
Two-thirds of WBCSD members tie executive compensation to sustainability performance
Sustainability information in financial filings is still rare, but linking executive pay to ESG performance metrics is becoming more commonplace.
Xerox posts sustainability progress amid investor pressure
Company says 97% of its 20,000+ employees
completed "net zero" training in 2022.
Lego scraps recycled PET bricks, Coca-Cola to make bottle caps from CO2: What’s the emissions impact of recycled plastics?
Recycled plastics are not a one-size-fits-all solution.
Brazil to make ISSB-aligned climate disclosures mandatory from 2026
This is the country’s latest move to improve the sustainability performance of its companies, after the creation of a cap-and-trade system.
Kraft Heinz updated investors on sustainability – then its stock dipped
The company has a 2030 target to cut absolute emissions by 50%, but only managed a 1.5% drop in 2022.
Verisk launches TCFD-aligned climate risk assessment tool for multinationals
Data analytics firms are responding to the demand for solutions to help insurers map their physical climate risks.
CSO Futures Weekly
A host of new appointments; fresh pressure from Deutsche Bank; Chief Sustainability Officer insights and data and more in our inaugural newsletter.
Deutsche Bank sets strict emissions targets across corporate loans
The bank is vetting carbon-intensive loans and phasing out clients that refuse to align with its net zero strategy.
Sustainability-linked loans are not (yet) where they need to be
Recent financing granted to mining companies raise questions around the KPIs used in sustainability-linked loans.
