Policy & Standards EU Parliament postpones Deforestation Regulation despite corporate calls to maintain it If approved in trilogue negotiations, the delay would give large operators until December 2025 to comply. Melodie Michel 15 November 2024
Carbon Credits Millions of high-integrity forest carbon credits to be issued from 2025 Three REDD+ methodologies have been approved by ICVCM to issue Core Carbon Principles-labelled credits – most of which from jurisdictional projects. Melodie Michel 15 November 2024
COP29 ‘Make Big Oil pay’ campaign takes over COP29 website as report projects record fossil fuel emissions in 2024 Many oil and gas companies are backtracking on their climate commitments, investing in production expansion instead. Melodie Michel 13 November 2024
Policy & Standards EU proposes deforestation law delay despite corporate opposition “Companies in our sector have made high-risk investments to be able to be ready by the date of application." Melodie Michel 03 October 2024
Operations & Finance Investors renew calls to block JBS IPO based on sustainability concerns “JBS has a long history of misleading investors by exaggerating its environmental track record and minimising environmental risks." Melodie Michel 02 October 2024
Carbon market Amazon, H&M, Walmart in US$180mn forest carbon credit deal with Brazil government The deal reflects the growing confidence companies and state actors are placing in jurisdictional forest projects. Melodie Michel 24 September 2024
Carbon offsets Meta to purchase millions of carbon credits from Latin American forests Meta is aiming to “not exceed” its 2021 Scope 3 emissions (5.7 million tonnes of CO2e) by the end of 2031. Melodie Michel 19 September 2024
Carbon removals Microsoft builds on carbon credit strategy with Mexican rainforest agreement Microsoft's carbon footprint jumped by nearly 30% in 2023. Melodie Michel 12 September 2024
CSO Futures Weekly CSO Futures Weekly: EV supply chains have a long way to go Human rights and environmental risks abound for EV makers, climate tensions grow in the US and fashion brands step up their game. Melodie Michel 23 May 2024
Deforestation Deforestation-free supply chains are achievable – but still too rare, says CDP Companies have made the most progress in timber and palm oil supply chains. Melodie Michel 21 May 2024