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 âconcernedâ about expanding carbon offset use within SBTi âThe decision weakens corporate climate pledges and makes real decarbonisation efforts within value chains less attractive.â 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 âmay not exempt any activities related to fossil fuelsâ. 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 âintimidation and bullyingâ. Melodie Michel 30 May 2024
Transition Planning Climate transition planning for finance: Cracking the CSOâs 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
Nature Targets SBTN expands call for science-based nature targets early adopters The programme is currently open to all sectors except for financial institutions and service providers. Melodie Michel 29 May 2024
Agribusiness Meat and dairy sector âmirrors fossil fuel tacticsâ to stall EU climate legislation: report "Without science-based policies tackling the sector, it does not seem likely that European agricultural GHG emissions will reduce in line with 1.5°C." Melodie Michel 29 May 2024
Policy & Standards US government releases carbon offsetting principles, hopes to boost voluntary carbon market The principles draw from other carbon market integrity guidelines from the ICVCM and VCMI. Melodie Michel 28 May 2024
Policy & Standards China latest of 20+ jurisdictions to integrate ISSB standards into sustainability disclosures China published its draft Corporate Sustainability Disclosure Standards yesterday. Melodie Michel 28 May 2024