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
CSO Futures Weekly CSO Futures Weekly: Calls for rigour (and consensus) in next-gen sustainability standards SBTi saga continued, NZAOA's new protocol, scrutiny over supply chain schemes and more... Melodie Michel 18 April 2024
Sustainability Reports Mondelez reports emissions reductions across all scopes, unveils new SBTi targets Almost three quarters (73%) of Mondelez’ carbon footprint comes from raw materials, with cocoa and dairy as the main culprits. Melodie Michel 16 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
CSO Futures Weekly CSO Futures Weekly: CDP CEO interview and a divisive SBTi statement Sherry Madera on sustainability data for harmonisation, SBTi's new carbon credit position and more... Melodie Michel 11 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
Operations & Finance H&M improves data accuracy – and adds nearly 2 million tonnes of emissions to estimates H&M has applied these calculation changes to historical results, including its 2019 baseline. Melodie Michel 28 March 2024
Climate Targets Sainsbury’s unveils new 2030 climate targets that include land use and agriculture This is the first time the UK retailer has set goals for land use emissions, which come with a commitment to end deforestation across primary commodities by the end of 2025. Melodie Michel 19 March 2024
Operations & Finance Nokia admits it is ‘not on track’ to meet 2030 target but bets on exponential decarbonisation The telco is doubling down on climate commitments with a new goal to reach net zero by 2040. Melodie Michel 12 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
Data and Technology Carbon accounting firms launch alliance to increase standardisation and address data gaps The alliance will aim to “accelerate the effectiveness of the carbon accounting industry” through formal qualifications and government engagement. Melodie Michel 22 November 2023
Data and Technology Terex sustainability report: company commits to Science-Based Targets The company is currently targeting a 15% reduction in emissions intensity. Melodie Michel 25 October 2023