Policy & Standards EU Carbon Removal Certification Framework: Provisional deal leaves many gaps The framework provides more clarity on how to generate credits from carbon farming but lacks greenwashing safeguards. Melodie Michel 20 February 2024
Policy & Standards CSDDD: What would a failed EU due diligence legislation mean for businesses? Observers are increasingly doubtful that the EU’s flagship supply chain due diligence legislation will make it past the finish line before EU Parliament elections this June. Melodie Michel 19 February 2024
Operations & Finance Sustainable bond issuances to reach US$1 trillion in 2024 Growth is likely to be spurred by increased transparency and the adoption of green taxonomies. Melodie Michel 19 February 2024
Operations & Finance Investors worth US$14tn leave CA100+ climate group The move comes just a few days after CA100+ released a net zero standard for oil and gas companies, signalling its intention to start pressuring the sector to decarbonise. Melodie Michel 16 February 2024
People & Culture Medtronic announces first Chief Sustainability Officer Medtronic reported 253,800 tonnes of greenhouse gas emissions across Scope 1 and 2 in 2023, down 14% from the previous year. Melodie Michel 16 February 2024
CSO Futures Weekly CSO Futures Weekly: Data, sustainability and imperfection Sage's sustainability lead on 'an imperfect system', AI and data management, China's new reporting requirements and more in this issue... Melodie Michel 15 February 2024
People & Culture Zurich’s Linda Freiner promoted to Chief Sustainability Officer Freiner has been working at Zurich Insurance for 11 years, and in charge of group sustainability since 2016. Melodie Michel 15 February 2024
People & Culture Sage sustainability head Elisa Moscolin: ‘Sustainability is like driving a car at high speed while building the engine’ The sustainability EVP shares her thoughts on how to avoid crashing: “Talk less, do more, go basics.” Melodie Michel 15 February 2024
Data and Technology Data management and AI identified as top priorities for sustainability reporting Microsoft’s Chief Sustainability Officer Melanie Nakagawa recently noted that AI freed up 70% of her team's time. Melodie Michel 14 February 2024
Operations & Finance Corporates broke new clean energy purchasing records in 2023 Since 2008, companies have announced power purchase agreements for 198 GW of renewable energy. Melodie Michel 14 February 2024
Operations & Finance US$2 trillion a year needed to meet 2030 renewable energy goal The world is on track to invest US$6.6 trillion in renewables and grids from 2024 to 2030, leaving a funding gap of just over US$5 trillion. Melodie Michel 13 February 2024
Carbon market 2024 could be a make-or-break year for voluntary carbon market “If buyers can’t trust the quality of the credits they’re buying and risk greenwashing accusations, then the market will never reach its potential." Melodie Michel 13 February 2024