Policy & Standards Uncertain future for adopted SEC climate risk disclosure rule The final, watered down rule can still be struck down... but would it matter to Chief Sustainability Officers? Melodie Michel 07 March 2024
People & Culture IAG Chief Sustainability Officer takes on Vueling CEO role – new CSO yet to be announced Martinoli has been managing sustainability initiatives at IAG since April 2021, spearheading the group’s sustainable aviation fuel (SAF) programme. Melodie Michel 07 March 2024
People & Culture Lexmark Chief Sustainability Officer John Gagel on the power of marginal gains “Our ability to provide our customers with auditable verifiable carbon footprint data for a fleet of devices is increasingly important.” Melodie Michel 06 March 2024
Sustainability Reports SAP reports increase in absolute emissions as cloud revenue spikes Emissions from cloud hyperscalers' power use jumped by 45,500 tonnes, reaching 128,800 tonnes – more than 27% of SAP’s overall carbon footprint. Melodie Michel 05 March 2024
People & Culture Unilever CSO urges trade associations to ‘do better’ on climate Unilever is not opposed to withdrawing its membership from associations that refuse to adjust their positions on climate. Melodie Michel 05 March 2024
Operations & Finance Emissions rise slowed down last year, but droughts hit progress Still, advanced economies experienced their largest emissions drop outside of a recession. Melodie Michel 04 March 2024
CSO Futures Weekly CSO Futures Weekly: Crunch time for sustainability laws in Europe and the US HSBC shakes up sustainability governance, SEC faces crucial climate rule vote and a mixed week for the EU Green Deal. Melodie Michel 29 February 2024
Policy & Standards SEC to vote on watered down climate disclosure rule next week The Commission is said to have removed Scope 3 emissions from its final draft. Melodie Michel 29 February 2024
Operations & Finance HSBC puts focus on sustainability execution after board criticism The bank was asked to “better define core areas of the group’s sustainability execution programme", including accountability and governance. Melodie Michel 29 February 2024
Policy & Standards CSDDD: Back to the drawing board after EU Council rejects draft "There is still time for member states to get their act together and to stop blocking this law. But that time is rapidly running out." Melodie Michel 28 February 2024
Guest article Collaboration around Scope 3 mitigation is crucial to meet shared climate goals "Addressing Scope 1 and 2 emissions without Scope 3 reflects short-term thinking..." Melodie Michel 28 February 2024
Policy & Standards EU Parliament adopts Nature Restoration Law The law now has to be adopted by the EU Council before entering into force. Melodie Michel 27 February 2024