US bank Fifth Third announces new Chief Sustainability Officer
Pratik Raval previously held various positions (including Head of Sustainability Strategy) at Tata Consultancy Services USA.
EU reaches deal on contested CSDDD: Thousands of firms set to become liable for their supply chains
Whereas the original directive would have affected up to 16,000 companies, it is now estimated that about 5,300 of Europe’s largest corporations fall under its remit.
Inditex faces supply chain scrutiny amid record profits
The Spanish group got the lowest grade on traceability amid 52 companies recently analysed by NGO Remake World.
CSO Futures Weekly: Scope 3 on the brain
Missed commitments, enhanced targets and new standards all suggest Scope 3 remains front of mind for corporate sustainability leaders.
Global banks set to include capital market emissions in net zero targets
The second version of the NZBA guidelines reflect improvements in financed emissions calculation methodologies and data quality.
Volkswagen sees carbon footprint jump despite vehicle intensity gains
Volkswagen managed to lower vehicle carbon intensity in 2023 – but commercial growth outweighed these emissions gains.
Greenwashing soon to be punishable by fines of 4% of turnover in the EU
Yesterday’s EU parliament vote signals an almost unanimous desire to get the Green Claims Directive over the line – with new details on what it will entail.
Nokia admits it is ‘not on track’ to meet 2030 target but bets on exponential decarbonisation
The telco is doubling down on climate commitments with a new goal to reach net zero by 2040.
JBS and X among 284 companies that failed to meet science-based target-setting commitment
Scope 3 challenges, lack of sector-specific standards and fear of not being able to meet targets top the reasons for missing deadline.