EU poised to exempt 90% of importers from Carbon Border Adjustment Mechanism
99% of CO2 emissions from iron, steel, aluminium and cement imports still covered.
Recycled plastics 30 years and €400bn away from cost parity with virgin plastics
"Moving the needle will require a systems approach with regulatory support."
From big promises to disillusion: Taking stock of fashion’s sustainable transformation
"If we don't change, we fundamentally don't have a business model that will work in the next 20 to 30 years."
MEPs submit amendments to Omnibus directive as watchdog launches formal inquiry
Proposed amendments to the Omnibus directive are due to be debated in Parliament by July.
Brazil’s Petrobras on the hunt for next Chief Sustainability Officer
Mauricio Tolamsquim has left the company to join the board of Brazilian utility Eletrobras.
PepsiCo adopts transparent approach to climate target adjustment
"Our sustainability journey will not always be linear."
CPP Investments scraps 2050 net zero target
"A tacit admission that CPPIB was aware that its statements on net zero weren't in line with internationally recognised standards."
Microsoft signs ‘world’s largest’ biochar carbon removal purchase
Microsoft is the largest buyer of carbon removals, with more than 21.6 million tonnes of credits.
Nearly 70% of large US-listed firms now disclose Scope 3 emissions
“While companies are setting more ambitious climate goals, few are sharing how they plan to get there."
EU leaders seek to kill due diligence requirements despite warnings
Studies estimate the implementation costs of due diligence obligations for large companies at 0.009% of their revenues.