Policy & Standards Global banks set to include capital market emissions in net zero targets The second version of the NZBA guidelines reflect improvements in financed emissions calculation methodologies and data quality. Melodie Michel 14 March 2024
Policy & Standards Greenwashing soon to be punishable by fines of 4% of turnover in the EU Yesterday’s EU parliament vote signals an almost unanimous desire to get the Green Claims Directive over the line – with new details on what it will entail. Melodie Michel 13 March 2024
Climate Targets JBS and X among 284 companies that failed to meet science-based target-setting commitment Scope 3 challenges, lack of sector-specific standards and fear of not being able to meet targets top the reasons for missing deadline. Melodie Michel 11 March 2024
Policy & Standards Uncertain future for adopted SEC climate risk disclosure rule The final, watered down rule can still be struck down... but would it matter to Chief Sustainability Officers? Melodie Michel 07 March 2024
Policy & Standards SEC to vote on watered down climate disclosure rule next week The Commission is said to have removed Scope 3 emissions from its final draft. Melodie Michel 29 February 2024
Policy & Standards CSDDD: Back to the drawing board after EU Council rejects draft "There is still time for member states to get their act together and to stop blocking this law. But that time is rapidly running out." Melodie Michel 28 February 2024
Policy & Standards EU Parliament adopts Nature Restoration Law The law now has to be adopted by the EU Council before entering into force. Melodie Michel 27 February 2024
Policy & Standards CSDDD vote: Make-or-break week for EU due diligence directive It’s unclear whether advocates of the bill have managed to garner sufficient support during the hiatus. Melodie Michel 27 February 2024
Policy & Standards CBAM will bring only minimal emissions reduction, ADB warns ADB found that CBAM will reduce global emissions by just 0.2% more than a regular emissions trading scheme. Melodie Michel 26 February 2024
Policy & Standards SEC said to have removed Scope 3 requirement from climate rule The agency received 16,000 comments on its initial draft, and that the majority of them opposed Scope 3 reporting. Melodie Michel 23 February 2024