Policy & Standards Time for Chief Sustainability Officers to ‘get started’ on nature disclosures as CDP highlights data gaps Companies not preparing are set to lose out as regulations expand to include nature-related disclosures. Melodie Michel 05 December 2023
Policy & Standards New Basel III climate disclosures proposed for global banks Running until February 29, 2024, the consultation will help the Basel Committee determine which elements should be mandatory and which should be subject to national discretion. Melodie Michel 30 November 2023
Policy & Standards What CSOs should know about the new GRI climate standards The new standards would require companies to report on the social impacts of their climate efforts, their use of carbon credits and removals, and the investments allocated to mitigation and adaptation. Melodie Michel 29 November 2023
Policy & Standards FCA finalises anti-greenwashing rules for sustainable investment Consultation remains open on the regulator's anti-greenwashing rule guidance until January 2026. Melodie Michel 29 November 2023
Policy & Standards Companies can now make VCMI ‘carbon integrity’ claims for use of quality offsets The new guidance comes at a crucial time, as the updated GRI Climate Disclosures could soon include new mandatory disclosures around the amount and quality of carbon credits used. Melodie Michel 28 November 2023
Policy & Standards Global aviation body adopts 5% decarbonisation target to support SAF development All the sustainable aviation fuel produced in 2022 was bought, at a premium of US$500 million for the industry. Melodie Michel 27 November 2023
COP28 The three F’s of COP28 - Part 2: Finance COP28 policy incentives to mobilise private climate funding would be welcome as companies still struggle to balance short-term priorities with long-term sustainability goals. Melodie Michel 24 November 2023
COP28 The three F’s of COP28 - Part 1: Fossil fuels For companies and CSOs, a COP28 agreement to phase out fossil fuels would lead to Scope 2 emissions reduction and strengthen the business case for investment in alternatives. Melodie Michel 22 November 2023
Carbon market UN one step closer to establishing global carbon market If new rules on project eligibility are adopted at COP28, this global carbon finance mechanism could finally start working next year. Melodie Michel 21 November 2023
Policy & Standards Companies found to be lobbying against their own climate goals Firms whose policy engagement most contradict their stated climate goals are large producers or users of fossil fuels. Melodie Michel 20 November 2023