People & Culture

Incoming Mexican president taps renewables expert as secretary of energy

Mexico’s incoming President Claudia Sheinbaum has appointed Luz Elena González, an expert in sustainable development, as the next secretary of energy.

Olivia Peluso

28 June 2024

Decarbonisation

Report: Global carbon removal credit industry could reach $100bn

The global market for carbon dioxide removal credits could reach up to $100 billion a year between 2030 and 2035 if barriers to the industry’s growth are addressed.

Olivia Peluso

28 June 2024

Operations & Finance

Europe's largest renewables producer scales back wind and solar

Europe’s largest renewable energy producer becomes the latest company to scale back its clean energy expansion targets.

Olivia Peluso

28 June 2024

Climate litigation

German court cracks down on greenwashing

Thursday's ruling is the latest attempt by European regulators to crack down on greenwashing tactics as companies seek to woo the eco-conscious consumer.

Olivia Peluso

27 June 2024

CSO Futures Weekly

CSO Futures Weekly: Governments asked to step up, while some businesses push back

Courts and countries are backing biodiversity around the world, while the EU faces pressure from businesses on both sides as it smooths out its climate targets.

Olivia Peluso

27 June 2024

Operations & Finance

Lufthansa Group adds fee to cover EU sustainability regulations

The Lufthansa Group is introducing an environmental surcharge to all flights departing from the EU, the UK, Norway, and Switzerland, saying it could not bear the additional costs generated from soon-to-be enacted sustainability regulations.

Olivia Peluso

26 June 2024

Policy & Standards

Nigeria to ban single-use plastics from 2025

Nigeria announced a ban on single-use plastics in government offices as the first step in a nationwide ban set to begin in January.

Olivia Peluso

26 June 2024

Operations & Finance

Survey: Employees lack trust, guidance with sustainability in workplace

Most employees are both unhappy with their employer's lack of climate action and don't know how to incorporate sustainability into their own roles, the survey found.

Olivia Peluso

25 June 2024

Policy & Standards

ECB sets stricter climate targets for portfolio

The European Central Bank said it would introduce greenhouse gas emissions reduction targets for its corporate bond portfolio and may even sell some assets if it fails to meet its goals.

Olivia Peluso

25 June 2024

Transition Planning

New business coalition launches to boost government climate plans ahead of UN deadline

Some of the world’s largest companies, financial institutions, and cities have formed the Mission 2025 coalition, calling for governments to increase their ambition in setting climate goals.

Olivia Peluso

24 June 2024

Transition Planning

ISSB to ‘harmonize disclosures’ on corporate climate transition plans

The International Sustainability Standards Board said it would release guidance to standardize how companies worldwide publish details on their climate transition plans to meet net-zero goals.

Olivia Peluso

24 June 2024

Energy Transition

TotalEnergies, EnBW win offshore wind site for US$3.2 bn

TotalEnergies and EnBW won a 2.5 gigawatt (GW) German offshore wind site in an auction for a combined $3.2 billion.

Olivia Peluso

21 June 2024