COP29 COP29: Azerbaijan wants fossil fuels to fund climate adaptation Azerbaijan’s energy agenda for this year's COP has been met with scepticism. Melodie Michel 17 September 2024
Policy & Standards Investors managing US$29 trillion call for stronger climate policies – including carbon pricing Yet it’s estimated that only 1% of global emissions are currently priced high enough to meet the goals of the Paris Agreement. Melodie Michel 17 September 2024
Policy & Standards Australian firms mandated to disclose climate impacts from 2025 Companies will have an extra year to report on Scope 3 emissions after their first year of reporting. Melodie Michel 16 September 2024
People & Culture Most executives believe it is possible to decouple growth from emissions More than a third of CxOs say that sustainability efforts have helped them increase operating margins. Melodie Michel 16 September 2024
People & Culture Supply chain firm Unipart names Chief Sustainability Officer Unipart has a goal of achieving net zero emissions across its value chain by 2040. Melodie Michel 13 September 2024
CSO Futures Weekly CSO Futures Weekly: Investors are asking for credible transition plans Shareholders push for transition plan votes in 2025, packaging firms get first CSOs and Morgan Stanley drops its plastic commitment. Melodie Michel 12 September 2024
Transition Planning Investors push FTSE 100 firms to vote on climate transition plans at 2025 AGMs “Specific transition plan votes enable shareholders to signal support for these decarbonisation strategies and any associated capital expenditure requirements." Melodie Michel 12 September 2024
Carbon removals Microsoft builds on carbon credit strategy with Mexican rainforest agreement Microsoft's carbon footprint jumped by nearly 30% in 2023. Melodie Michel 12 September 2024
People & Culture Sabert brings back ex sustainability lead as Chief Sustainability and Strategy Officer Richa Desai worked at the firm from 2019 to 2021 as sustainability director. Melodie Michel 11 September 2024
Nature-related risks SBTN launches consultation on science-based ocean targets The draft targets focus on seafood value chains and address corporate impacts from wild fishing and aquaculture. Melodie Michel 11 September 2024
Biodiversity Investors urged to strengthen biodiversity policies ahead of COP16 “Investors are not doing enough to adapt their investment policies to tackle the destruction of important ecosystems in protected areas." Melodie Michel 11 September 2024
People & Culture Amcor names first Chief Sustainability Officer In 2023, Amcor’s reported carbon footprint stood at 10.58 million tonnes of CO2 equivalent – down 10.2% from 2022. Melodie Michel 10 September 2024