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Air New Zealand charts new emissions pathway after dropping SBTi target

Air New Zealand charts new emissions pathway after dropping SBTi target

"We want to be very honest about what we think is possible given the challenges involved in decarbonising the aviation sector."

01 May 2025

ArcelorMittal ‘increasingly unlikely’ to meet 2030 climate goals due to policy headwinds

Climate Targets

ArcelorMittal ‘increasingly unlikely’ to meet 2030 climate goals due to policy headwinds

The steelmaker has reduced absolute Scope 1 and 2 emissions by 46% since 2018.

21 April 2025

NZBA softens climate target requirements for members

Climate Targets

NZBA softens climate target requirements for members

The move comes after many US, Canadian and Australian banks left the initiative.

15 April 2025

CISL lays out six priorities for corporate sustainability amid current headwinds

Sustainability Governance

CISL lays out six priorities for corporate sustainability amid current headwinds

"The real danger for business isn’t moving too fast – it’s being overtaken."

07 April 2025

BT Group climate transition plan: How the telco will achieve its new SBTi targets

Climate transition plan

BT Group climate transition plan: How the telco will achieve its new SBTi targets

The telco is adopting a more stringent approach to renewable energy sourcing and “scaling back” on the purchase RECs.

31 March 2025

SBTi Corporate Net Zero Standard 2.0: granularity, Scope 3 flexibility and climate target monitoring

Climate Targets

SBTi Corporate Net Zero Standard 2.0: granularity, Scope 3 flexibility and climate target monitoring

The new standard no longer requires a 90% reduction in Scope 3 emissions.

18 March 2025

Scania sets 45% vehicle emission reduction target despite delay on 2025 goal

Sustainability Reports

Scania sets 45% vehicle emission reduction target despite delay on 2025 goal

“Our target was set based on certain expectations around the speed of the transition to electric transport."

10 March 2025

Wells Fargo drops net zero target in ‘cowardly and shortsighted’ move

Climate Targets

Wells Fargo drops net zero target in ‘cowardly and shortsighted’ move

“Investors expect banks to mitigate risk, not accelerate it.”

05 March 2025

Number of UK businesses targeting net zero by 2030 has nearly doubled

Number of UK businesses targeting net zero by 2030 has nearly doubled

80% of companies plan to increase investment in energy management over the next year.

25 February 2025

BBVA more than doubles sustainable finance goal for next five years

Sustainable Finance

BBVA more than doubles sustainable finance goal for next five years

The Spanish bank linked pay incentives to its previous €300bn sustainable finance goal, and met it a year ahead of schedule.

24 February 2025