Oil & Gas ExxonMobil investors reject all sustainability-related proposals amid legal tensions Several shareholders have spoken out against Exxon's legal offensive, considered a tactic of âintimidation and bullyingâ. Melodie Michel 30 May 2024
Transition Planning Climate transition planning for finance: Cracking the CSOâs budget "The transition plan is the document where you can articulate why you've made certain trade-off decisions in a way that can build trust with investors." Melodie Michel 29 May 2024
People & Culture Abrdn names new Chief Sustainability Officer amid governance restructuring The firm has announced a âtransformation programmeâ aimed at cutting at least ÂŁ150 million in annual costs by 2025. Melodie Michel 27 May 2024
Policy & Standards Investors call for global ISSB adoption by 2025 Over 40% of the worldâs 4,000 largest listed firms still did not disclose their Scope 1 and 2 emissions in 2022. Melodie Michel 27 May 2024
People & Culture Survey: 85% of firms see sustainability as a financial opportunity âSustainability strategies and core business strategies are converging.â Melodie Michel 23 May 2024
CSO Futures Weekly CSO Futures Weekly: Microsoft suffers the climate impact of its AI strategy Microsoft's carbon footprint jump, Barclays' sustainable finance controversy and positive news around nature efforts. Melodie Michel 16 May 2024
Sustainable Finance Sustainable finance under scrutiny amid Barclays controversy Overly flexible guidelines may be allowing banks to fund fossil fuel expansion under sustainability labels. Melodie Michel 14 May 2024
CSO Futures Weekly CSO Futures Weekly: The devil in the details Peaking power sector emissions, Paypal's rising crypto footprint and a growing bet on carbon capture and storage... Melodie Michel 09 May 2024
People & Culture Germanyâs development bank KfW names new Chief Sustainability Officer JĂźrgen Kern joined the bank in 2007 and was most recently Director of Corporate Strategy and Sustainability. Melodie Michel 09 May 2024
Operations & Finance Global banks under pressure to set more specific sustainable finance targets To meet the worldâs net zero targets, the ratio of green to fossil fuel financing should reach a minimum of 4:1 by 2030. Melodie Michel 06 May 2024