Operations & Finance Investors support sustainability criteria and transparent climate reporting ESG backlash in the US appears to go against investor preferences. Melodie Michel 05 February 2024
Operations & Finance Shareholders drop climate proposal, but ExxonMobil forges ahead with lawsuit ExxonMobil is looking to set a precedent that would limit the power of activist shareholders in pressuring management on climate issues. Melodie Michel 05 February 2024
Zurich Zurich’s Head of Sustainability Linda Freiner on biodiversity, handing reporting to the CFO, and being a “spider in the net” "I had a conversation with our CFO and said ‘the landscape has changed’" Edward Targett 05 February 2024
CSO Futures Weekly CSO Futures Weekly: ESG backlash creates ripples in the US The climate battles continues in the US; watch our sustainability governance panel on demand; ESRS adoption partly delayed and more in this week's newsletter. Melodie Michel 25 January 2024
Policy & Standards Sector-specific European Sustainability Reporting Standards delayed by two years Sector-specific ESRS, meant to clarify disclosure requirements for particular sectors, were initially expected by June 2024. Melodie Michel 25 January 2024
People & Culture Panama Canal names first Chief Sustainability Officer as drought affects traffic The Canal is currently finalising its greenhouse gas emissions and climate risk assessments, and plans to set new short, medium and long-term targets from 2025. Melodie Michel 24 January 2024
Sustainable Finance US investors pull billions out of sustainable funds amid ESG backlash 2023 was a tough year for sustainable funds, with lower rates of return and increased scrutiny around ESG labels. Melodie Michel 24 January 2024
Oil & Gas ExxonMobil sues activist shareholders to block climate resolution The outcome of the lawsuit could set a powerful precedent in the world of corporate climate action. Melodie Michel 22 January 2024
Mining Miners commit to 'nature positivity' after Norway greenlights deep sea mining This is the latest sustainability commitment made by mining leaders in an effort to ensure the increased mineral demand fuelling the net zero transition doesn’t cause more environmental damage. Melodie Michel 19 January 2024
Policy & Standards Meatpacker’s IPO challenge is SEC’s chance to take a stand on climate issues Several groups are asking the SEC to block JBS' NYSE listing on the basis of the company’s environmental track record. Melodie Michel 19 January 2024
CSO Futures Weekly CSO Futures Weekly: Gap widens between sustainability first-movers and laggards World's 100 most sustainable companies (and their investment patterns); sustainability governance lessons and uneven regulatory progress... Melodie Michel 18 January 2024
Policy & Standards SEC climate disclosure rule faces opposition at House hearing Almost all the witnesses listed to speak at the hearing oppose the climate rule. Melodie Michel 18 January 2024