CSO Futures Weekly

CSO Futures Weekly: Progress on plastic is anything but fantastic

Companies struggling to meet their plastic goals, new transition planning guidance and a couple of high-profile CSO appointments.

Melodie Michel

13 June 2024

Climate Targets

Number of companies with SBTi targets reaches 5,500

Last year, the number of companies with SBTi targets had already doubled, reaching 4,204.

Melodie Michel

12 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

CSO Futures Weekly

CSO Futures Weekly: The true power of transition planning

Transition plans for transformation, H&M's carbon offset concerns and a raft of sustainability appointments.

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

Carbon market

Voluntary carbon market value down 61% as firms become wary of carbon offsets

This is the second consecutive year of contraction for the VCM, after a peak of nearly US$2 billion in 2021.

Melodie Michel

31 May 2024

Policy & Standards

SBTi updates financial institution guidance with optional fossil fuel target criteria

The new document also clarifies that the exclusion of non-material activities from FI targets “may not exempt any activities related to fossil fuels”.

Melodie Michel

30 May 2024

Policy & Standards

US government releases carbon offsetting principles, hopes to boost voluntary carbon market

The principles draw from other carbon market integrity guidelines from the ICVCM and VCMI.

Melodie Michel

28 May 2024

Carbon removals

Big Tech bets on carbon credits as AI climate impact grows

Nature-based projects to remove CO2 from the atmosphere are often criticised for exaggerating their positive impacts, but the Symbiosis Coalition hopes to raise quality standards.

Melodie Michel

27 May 2024

Climate Targets

Sage validates 2040 net zero target

A large part of Sage's decarbonisation strategy involves migrating customers to the cloud.

Melodie Michel

22 May 2024

Climate Targets

Levi Strauss strengthens Scope 3 target, hopes to drive apparel supply chain cooperation

The new 42% reduction target should lower the brand’s Scope 3 footprint by nearly 1 million tonnes.

Melodie Michel

20 May 2024

Climate Targets

Gap Inc. still seeking SBTi approval of net zero target after having ‘commitment removed’

The group has reduced Scope 1 and 2 emissions by 77% and Scope 3 emissions from purchased goods by 16% from a 2017 base year.

Melodie Michel

03 May 2024