CSO Futures Weekly Financial planning for the climate transition - CSO Futures Weekly Two angles on finance for the climate transition, a look at the maturity of corporate nature targets and a pilot for circular textiles... Melodie Michel 17 October 2024
Operations & Finance Levi Strauss details plans to integrate climate transition into financial planning The firm will incorporate sustainability metrics into capital expenditure requests within the next two years. Melodie Michel 17 October 2024
Sustainable Finance Banks remain too open to coal and fossil fuel financing: TPI report Banks’ climate targets are estimated to cover less than 22% of their total revenues. Melodie Michel 09 October 2024
Sustainable Finance Most NZBA member banks have now set climate targets Most of the banks that have not met their target-setting requirements are in emerging markets. Melodie Michel 03 October 2024
Transition Planning Climate transition plan quality criteria and red flags defined Red flags include not following the rules of international GHG accounting standards and not reporting carbon credit use. Melodie Michel 30 September 2024
Sustainability Governance Why scientists want CSOs to adopt a ‘planetary health’ approach to sustainability "The only chance of staying within 1.5ºC on climate is if we take a whole-Earth approach – with a window of just five years to change course." Melodie Michel 24 September 2024
Energy Transition FIs strengthen climate policies for oil and gas ING stops funding new oil fields and Zurich expects credible climate transition plans. Melodie Michel 20 September 2024
CSO Futures Weekly CSO Futures Weekly: Investors are asking for credible transition plans Shareholders push for transition plan votes in 2025, packaging firms get first CSOs and Morgan Stanley drops its plastic commitment. Melodie Michel 12 September 2024
Transition Planning Investors push FTSE 100 firms to vote on climate transition plans at 2025 AGMs “Specific transition plan votes enable shareholders to signal support for these decarbonisation strategies and any associated capital expenditure requirements." Melodie Michel 12 September 2024
Transition Planning Transition Pathway Initiative: Credible climate transition plans still ‘very rare’ Most firms plan to “postpone deep emissions cuts until the 2040s”. Melodie Michel 10 September 2024