Transition Planning

ISSB to ‘harmonize disclosures’ on corporate climate transition plans

The International Sustainability Standards Board said it would release guidance to standardize how companies worldwide publish details on their climate transition plans to meet net-zero goals.

Olivia Peluso

24 June 2024

Energy Transition

TotalEnergies, EnBW win offshore wind site for US$3.2 bn

TotalEnergies and EnBW won a 2.5 gigawatt (GW) German offshore wind site in an auction for a combined $3.2 billion.

Olivia Peluso

21 June 2024

Sustainability Reports

Chemours advances emissions goals – but continues to advocate for PFAS

The firm more than doubled its EU lobbying budget in 2023, where PFAS regulation is being considered.

Melodie Michel

12 June 2024

Sustainability Governance

GCC firms are formalising sustainability efforts with CSO appointments

48% of GCC companies now have a Chief Sustainability Officer or plan to name one in the next 12 months.

Melodie Michel

06 June 2024

Policy & Standards

H&M Head of Sustainability ‘concerned’ about expanding carbon offset use within SBTi

“The decision weakens corporate climate pledges and makes real decarbonisation efforts within value chains less attractive.”

Melodie Michel

03 June 2024

Oil & Gas

ExxonMobil investors reject all sustainability-related proposals amid legal tensions

Several shareholders have spoken out against Exxon's legal offensive, considered a tactic of “intimidation and bullying”.

Melodie Michel

30 May 2024

Energy Transition

Electricity emissions may have peaked in 2023

Renewable energy, including solar, wind and hydro, made up a record 30% of the world’s energy mix last year.

Melodie Michel

09 May 2024

Sustainability Reports

Paypal’s crypto emissions now make up more than 15% of its carbon footprint

The crypto assets held by Paypal on behalf of its customers more than doubled between 2022 and 2023, reaching US$1.2 billion.

Melodie Michel

08 May 2024

Sustainability Reports

General Motors blames slow carbon intensity progress on demand for combustion vehicles

GM's absolute Scope 3 emissions are down from the 2018 baseline but have been creeping up since 2021.

Melodie Michel

02 May 2024

Carbon offsets

Interface to repurpose millions of dollars of carbon offset investments towards CO2 reductions

As of April 30, the flooring firm will discontinue its carbon neutrality programme and go "all in" on carbon reductions.

Melodie Michel

24 April 2024