Policy & Standards Trump tariffs likely to slow down the energy transition – but there are silver linings Solar and wind energy costs could rise by as much as 30% and 7% respectively. Melodie Michel 13 March 2025
People & Culture NorthStandard names new Head of Sustainability The marine insurer’s own carbon footprint is minimal, but it aims to drive decarbonisation across the maritime sector. Rachel Willcox 13 March 2025
Nuclear Energy Big Tech firms sign pledge to triple global nuclear energy capacity by 2050 This is the first time major businesses beyond the nuclear sector have publicly committed to backing the expansion of nuclear power. Melodie Michel 12 March 2025
Electric Vehicles EVs main driver of Volvo’s record 2024 sales Fully electric cars now represent 23% of Volvo's total sales. Melodie Michel 12 March 2025
Sustainable Finance FCA: Defence companies allowed to receive funds labelled as ‘sustainable’ ESG fund labelling rules “do not prescribe which activities or investments are sustainable”. Melodie Michel 12 March 2025
Energy Transition US installed ‘record-breaking’ 50 GW of new solar capacity in 2024 “President Trump’s flurry of executive orders brought uncertainty to the solar industry." Melodie Michel 11 March 2025
Artificial Intelligence Energy use concerns dampen businesses’ interest in AI for sustainability 71% of firms believe AI's substantial energy consumption may outweigh its benefits for sustainability. Melodie Michel 11 March 2025
Climate Adaptation Physical climate risks could cost firms US$1.2tn a year by 2050 Too few companies are investing in climate adaptation, despite significant returns. Melodie Michel 11 March 2025
People & Culture Anthesis Chief Sustainability Officer Paul Crewe: ‘Business momentum for sustainability transcends political cycles’ Anthesis works with 30% of the FTSE 100, 20% of the Fortune 500, and large brands on their sustainability strategies. Melodie Michel 11 March 2025
Nature disclosures TNFD launches pre-COP30 nature disclosure adoption campaign A webinar on April 2 will explain the benefits of creating TNFD-aligned nature disclosures to prospective adopters. Melodie Michel 10 March 2025
Sustainability Reports Scania sets 45% vehicle emission reduction target despite delay on 2025 goal “Our target was set based on certain expectations around the speed of the transition to electric transport." Melodie Michel 10 March 2025
Carbon removals SBTi guidelines expected to spur carbon removal purchases But high prices remain a barrier to adoption. Melodie Michel 07 March 2025