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
Data and Technology Verisk launches TCFD-aligned climate risk assessment tool for multinationals Data analytics firms are responding to the demand for solutions to help insurers map their physical climate risks. Melodie Michel 19 October 2023
News and Interviews CSO Futures Weekly A host of new appointments; fresh pressure from Deutsche Bank; Chief Sustainability Officer insights and data and more in our inaugural newsletter. Melodie Michel 19 October 2023
Operations & Finance Deutsche Bank sets strict emissions targets across corporate loans The bank is vetting carbon-intensive loans and phasing out clients that refuse to align with its net zero strategy. Melodie Michel 19 October 2023
Operations & Finance Sustainability-linked loans are not (yet) where they need to be Recent financing granted to mining companies raise questions around the KPIs used in sustainability-linked loans. Melodie Michel 19 October 2023
People & Culture Most Chief Sustainability Officers are new to sustainability and to their role, survey finds CSOs' responsibilities are growing, yet most are learning on the job. Melodie Michel 18 October 2023
Data Fresh Del Monte sustainability report: Slight increase in Scope 3 emissions despite transportation changes and ‘sustainable sourcing’ The agribusiness has achieved 94% of its Scope 1 and 2 reduction target, but Scope 3 goals may be more difficult to meet. Melodie Michel 18 October 2023
Net zero Scope 2 energy decarbonisation is changing: here is how corporate sustainability plans will be affected Changes to Scope 2 accounting could limit market-based decarbonisation strategies. Melodie Michel 17 October 2023
Policy & Standards Climate change agreements exempt from competition law, says CMA The CMA's Green Agreement Guidance provides long-awaited clarity on how companies can collaborate for the environment. Melodie Michel 17 October 2023