Climate Targets Sage validates 2040 net zero target A large part of Sage's decarbonisation strategy involves migrating customers to the cloud. Melodie Michel 22 May 2024
Climate Targets Levi Strauss strengthens Scope 3 target, hopes to drive apparel supply chain cooperation The new 42% reduction target should lower the brand’s Scope 3 footprint by nearly 1 million tonnes. Melodie Michel 20 May 2024
Climate Targets Tesla, Mercedes-Benz, BMW: Only three automakers aligned with 1.5ºC EV production needs "Automakers' substandard electric vehicle plans, and negative advocacy strategies are driving the climate crisis." Melodie Michel 14 May 2024
Operations & Finance Global banks under pressure to set more specific sustainable finance targets To meet the world’s net zero targets, the ratio of green to fossil fuel financing should reach a minimum of 4:1 by 2030. Melodie Michel 06 May 2024
Climate Targets Gap Inc. still seeking SBTi approval of net zero target after having ‘commitment removed’ The group has reduced Scope 1 and 2 emissions by 77% and Scope 3 emissions from purchased goods by 16% from a 2017 base year. Melodie Michel 03 May 2024
Guest article How SMBs can make our world more sustainable – on World Earth Day, and beyond Elisa Moscolin, Executive Vice President of Sustainability at Sage, shares practical advice for small businesses on climate action. Melodie Michel 22 April 2024
Policy & Standards Lack net zero targets among private firms could lead to CSRD penalties Just eight of the top 100 private companies have set a net zero target in the past 18 months. Melodie Michel 22 April 2024
Climate Targets Think tanks warn against Scope 3 flexibility as corporate climate targets remain insufficient Corporate Climate Responsibility Monitor urges VCMI and SBTi to strengthen their standards. Melodie Michel 09 April 2024
Climate Targets Co-op unveils SBTi-approved climate targets including agriculture emissions So far, Co-op has cut operational emissions by 59% from its 2016 baseline, and reduced absolute Scope 3 emissions by 21%. Melodie Michel 01 April 2024
Operations & Finance H&M improves data accuracy – and adds nearly 2 million tonnes of emissions to estimates H&M has applied these calculation changes to historical results, including its 2019 baseline. Melodie Michel 28 March 2024