Transition Planning

Transition planning for transformation: Unlocking the CSO’s purpose

The regulatory obligation to disclose a transition plan is a chance to increase buy-in for business success in a climate-friendly world.

Melodie Michel

06 June 2024

Policy & Standards

CDP unveils ISSB-aligned reporting platform

CDP estimates that financial institutions with US$142 trillion in assets have demanded that companies in their portfolios report on their 2023 impacts.

Melodie Michel

06 June 2024

Climate litigation

Climate groups drop lawsuits seeking stricter climate disclosures to support SEC against anti-ESG challenges

Sierra Club and NRDC will focus their resources on “advocating for improvements to climate-related financial disclosures” outside of court.

Melodie Michel

05 June 2024

People & Culture

Abrdn completes sustainability governance team with two senior appointments

The firm has poached sustainable investment veteran Kristina Church from BNY Mellon in the role of Global Head of Corporate Sustainability.

Melodie Michel

04 June 2024

People & Culture

Indian solar firm Waaree Energies announces CSO appointment

India's largest solar manufacturer plans to set specific sustainability goals by the end of this year.

Melodie Michel

03 June 2024

Energy Transition

EU energy transition: 20% of fossil fuel generation displaced by renewables since 2019

Without policy-driven wind and solar growth, fossil generation would have fallen by just 1.9% (21 TWh).

Melodie Michel

03 June 2024

Policy & Standards

H&M Head of Sustainability ‘concerned’ about expanding carbon offset use within SBTi

“The decision weakens corporate climate pledges and makes real decarbonisation efforts within value chains less attractive.”

Melodie Michel

03 June 2024

Carbon market

Voluntary carbon market value down 61% as firms become wary of carbon offsets

This is the second consecutive year of contraction for the VCM, after a peak of nearly US$2 billion in 2021.

Melodie Michel

31 May 2024

CSO Futures Weekly

CSO Futures Weekly: ExxonMobil AGM deals a blow to activist investors

Sustainability proposals fail at Exxon, Vodafone's first transition plan and a big week for carbon removals...

Melodie Michel

30 May 2024

Policy & Standards

SBTi updates financial institution guidance with optional fossil fuel target criteria

The new document also clarifies that the exclusion of non-material activities from FI targets “may not exempt any activities related to fossil fuels”.

Melodie Michel

30 May 2024

Oil & Gas

ExxonMobil investors reject all sustainability-related proposals amid legal tensions

Several shareholders have spoken out against Exxon's legal offensive, considered a tactic of “intimidation and bullying”.

Melodie Michel

30 May 2024

Transition Planning

Climate transition planning for finance: Cracking the CSO’s budget

"The transition plan is the document where you can articulate why you've made certain trade-off decisions in a way that can build trust with investors."

Melodie Michel

29 May 2024