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
Policy & Standards Investors managing US$9.5tn to include all asset classes in updated 2030 targets Private assets are included for the first time, in a bid to limit the sale of ‘brown assets’ into the private market. Melodie Michel 18 April 2024
Mining Coalition calls for civil society-driven critical mineral supply chain standard "There are fundamental criteria that standards must include to be credible and effective at protecting people and the planet." Melodie Michel 17 April 2024
Policy & Standards ‘No change has been made’: SBTi clarifies carbon offset position amid backlash Its own staff has called for those responsible for the “concern, confusion and damaged trust” to be held accountable. Melodie Michel 15 April 2024
Policy & Standards Sustainability leaders clash over SBTi endorsement of carbon credits for Scope 3 A boon for the voluntary carbon market, the SBTi's change of position worries NGOs and its own staff. Melodie Michel 11 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
Policy & Standards UK’s Transition Plan Taskforce unveils sector-specific guidance Asset managers and banks, as well as companies in electricity, food and beverages, mining and oil and gas now have access to detailed recommendations to draft their transition plans. Melodie Michel 09 April 2024
Policy & Standards SEC delays climate disclosure rule implementation amid legal challenges In the month since its publication, the rule has been the object of at least nine lawsuits from Republican states, energy companies and industry associations. Melodie Michel 05 April 2024
Policy & Standards Is the Nature Restoration Law facing the same fate as CSDDD? Hungary's U-turn has forced the EU Council to postpone a vote – most likely until after the parliamentary elections. Melodie Michel 01 April 2024
Policy & Standards EU reaches deal on contested CSDDD: Thousands of firms set to become liable for their supply chains Whereas the original directive would have affected up to 16,000 companies, it is now estimated that about 5,300 of Europe’s largest corporations fall under its remit. Melodie Michel 15 March 2024