Plastic Pollution Morgan Stanley drops 2030 pledge to cut plastic pollution The bank removed all mentions of its Plastic Waste Resolution from its latest ESG report. Melodie Michel 06 September 2024
Electric Vehicles Volvo drops 100% EV goal by 2030, adjusts GHG reduction target "The transition to electrification will not be linear, and customers and markets are moving at different speeds of adoption." Melodie Michel 04 September 2024
Climate Targets Most UK fashion brands still lack climate targets Collective Fashion Justice is urging brands to set emissions reduction targets that include transitioning away from animal-based materials. Melodie Michel 02 September 2024
Policy & Standards SBTi calls for no new fossil fuel installation from 2030 to decarbonise buildings Companies setting SBTi-approved targets in the construction sector shall also reduce operational and embedded emissions. Melodie Michel 29 August 2024
Supply chains Shein strengthens supplier termination policy after uncovering cases of child labour The e-commerce giant now immediately terminates suppliers that commit severe violations of its ethics code. Melodie Michel 27 August 2024
Climate Targets Study finds ‘little evidence’ that having SBTi-approved targets increases stock prices The findings come as listed companies are close to burning through their remaining 1.5ºC carbon budget. Melodie Michel 13 August 2024
CSO Futures Weekly CSO Futures Weekly: Is B Corp still worth it? B Corp's relevance for CSOs, CSRD questions answered and a new footwear circularity initiative... Melodie Michel 08 August 2024
Net zero Listed companies two years away from exhausting their 1.5ºC carbon budget Just 11% of listed firms have aligned their strategies with a 1.5ºC future. Melodie Michel 05 August 2024
Climate Targets Top fashion brands lack ambition and transparency on climate: report Less than half (47%) of brands have an SBTi-validated decarbonisation target covering their entire supply chains. Melodie Michel 02 August 2024
Climate Targets Nissan announces 2030 vehicle carbon intensity reduction targets Manufacturing emissions stood at 0.48 tonnes of CO2 per vehicle in 2023 – just 0.5% lower than in 2018. Melodie Michel 31 July 2024