Carbon offsets VCMI to launch consultation on use of carbon credits for Scope 3 Standard-setters’ exploration of Scope 3 decarbonisation flexibility has rekindled the debate around the corporate use of carbon offsets. Melodie Michel 23 July 2024
Climate Targets BrewDog and Asda revisit climate pledges Recent months have brought a trend of dropped commitments, extended deadlines and sustainability strategy reshuffles. Melodie Michel 22 July 2024
Carbon offsets Telstra moves away from carbon offsets to redirect investment in reduction The decision was driven by increased scrutiny and changing consumer expectations, says CSO Justine Rowe. Melodie Michel 18 June 2024
CSO Futures Weekly CSO Futures Weekly: The true power of transition planning Transition plans for transformation, H&M's carbon offset concerns and a raft of sustainability appointments. Melodie Michel 06 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 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
Carbon removals Big Tech bets on carbon credits as AI climate impact grows Nature-based projects to remove CO2 from the atmosphere are often criticised for exaggerating their positive impacts, but the Symbiosis Coalition hopes to raise quality standards. Melodie Michel 27 May 2024
CSO Futures Weekly CSO Futures Weekly: Data, sustainability and imperfection Sage's sustainability lead on 'an imperfect system', AI and data management, China's new reporting requirements and more in this issue... Melodie Michel 15 February 2024