Nature-related risks TNFD adopters list grows to 500+ as more firms commit to nature reporting This is a 57% increase since the first 320 adopters signed up to TNFD in January 2024. Melodie Michel 25 October 2024
Policy & Standards UN report calls for 42% emissions reduction by 2030 “It remains technically possible to get on a 1.5°C pathway." Melodie Michel 25 October 2024
CSO Futures Weekly COP16 and what companies can do to unlock finance for nature Aviva funds nature restoration, CDP reports increasing biodiversity disclosures and the mining sector seeks to improve standards.... Melodie Michel 24 October 2024
Carbon removals Morgan Stanley to buy 40,000 tonnes of direct air capture removals The bank recently created a new fund to support the removal of one gigatonne of emissions by 2050. Melodie Michel 24 October 2024
People & Culture LGT Wealth Management appoints first Chief Sustainability Officer LGT Wealth is a member of the Global Investor Commission on Mining 2030 launched last year to support a responsible mining industry. Melodie Michel 24 October 2024
COP16 CDP calls on governments to use increasing nature disclosures at COP16 "More companies [are] bringing nature into the boardrooms." Melodie Michel 23 October 2024
Supply chains Volkswagen will make EVs with low-carbon steel from 2028 The carmaker estimates that 15 to 20% of an electric vehicle’s emissions come from steel production. Melodie Michel 23 October 2024
Climate Targets Most high emitters still fail to set credible short-term climate targets Companies are letting their short-term targets expire or scrapping them completely. Melodie Michel 22 October 2024
Aviation Wizz Air launches SAF trial to prepare for EU mandate The trial will also involve a passenger survey to understand consumer awareness of SAF. Melodie Michel 22 October 2024
Nature capital Aviva invests £40mn in nature restoration firm Nattergal Nattergal aims to 'rewild' 20 to 30 ecologically degraded sites globally within five years. Melodie Michel 21 October 2024