Policy & Standards 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. Melodie Michel 24 October 2023
Data and Technology 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. Melodie Michel 24 October 2023
Policy & Standards 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. Melodie Michel 23 October 2023
News and Interviews Net zero investors now manage $9.5 trillion – are ramping up sustainability engagements Insurance giant Nippon Life, for example, plans to aggressively halve portfolio emissions by 2030 to achieve net-zero by 2050 Edward Targett 23 October 2023
News and Interviews Xerox posts sustainability progress amid investor pressure Company says 97% of its 20,000+ employees completed "net zero" training in 2022. Melodie Michel 23 October 2023
News and Interviews CPP Investments' Chief Sustainability Officer sees "green premium" emerging in real estate Richard Manley says companies “favouring low-carbon energy-efficient buildings... [we are] seeing the first clear signals of climate-related risk translating into asset prices in the real estate sector." Edward Targett 23 October 2023
Operations & Finance 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. Melodie Michel 23 October 2023
Policy & Standards 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. Melodie Michel 20 October 2023
Operations & Finance 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. Melodie Michel 20 October 2023
Jobs This week’s Chief Sustainability Officer vacancy: LKAB The Swedish state-owned company, which mines 80% of all iron ore mined in Europe, is seeking a CSO as it... Edward Targett 20 October 2023
Data and Technology Addressing climate change with data: the good, the bad, and the (un)certain Climate risk specialist Fathom's Dr Jannis Hock and Conor Lamb warn over the growing risk of "inequitable data quality" across nations Edward Targett 20 October 2023
Operations & Finance BT to offer low-carbon internet to business clients from January The company is redesigning its networks after conducting more granular emissions baselining. Melodie Michel 20 October 2023