Policy & Standards Global banks set to include capital market emissions in net zero targets The second version of the NZBA guidelines reflect improvements in financed emissions calculation methodologies and data quality. Melodie Michel 14 March 2024
Sustainability Reports Volkswagen sees carbon footprint jump despite vehicle intensity gains Volkswagen managed to lower vehicle carbon intensity in 2023 – but commercial growth outweighed these emissions gains. Melodie Michel 13 March 2024
Policy & Standards Greenwashing soon to be punishable by fines of 4% of turnover in the EU Yesterday’s EU parliament vote signals an almost unanimous desire to get the Green Claims Directive over the line – with new details on what it will entail. Melodie Michel 13 March 2024
Operations & Finance Nokia admits it is ‘not on track’ to meet 2030 target but bets on exponential decarbonisation The telco is doubling down on climate commitments with a new goal to reach net zero by 2040. Melodie Michel 12 March 2024
Operations & Finance Big business urged to set business travel targets as emissions inch towards pre-Covid 19 levels Accenture's business travel emissions grew by 47% between 2022 and 2023. Melodie Michel 12 March 2024
Climate Targets JBS and X among 284 companies that failed to meet science-based target-setting commitment Scope 3 challenges, lack of sector-specific standards and fear of not being able to meet targets top the reasons for missing deadline. Melodie Michel 11 March 2024
Climate Targets Unilever moves from GHG intensity to absolute Scope 3 reduction targets as data granularity improves Adjustments were made as Scope 3 emissions reduction proved more challenging than expected, prompting the firm to revisit plans and measurements. Melodie Michel 08 March 2024
CSO Futures Weekly CSO Futures Weekly: SEC adopts weakened climate disclosures SEC adopts climate disclosure rule, Unilever addresses trade associations misaligned on climate, and SAP emissions grow along with its cloud business... Melodie Michel 07 March 2024
Policy & Standards Uncertain future for adopted SEC climate risk disclosure rule The final, watered down rule can still be struck down... but would it matter to Chief Sustainability Officers? Melodie Michel 07 March 2024
People & Culture IAG Chief Sustainability Officer takes on Vueling CEO role – new CSO yet to be announced Martinoli has been managing sustainability initiatives at IAG since April 2021, spearheading the group’s sustainable aviation fuel (SAF) programme. Melodie Michel 07 March 2024