Climate litigation

ExxonMobil's shareholder lawsuit over climate proposal dismissed

Investors recently rejected all sustainability-related proposals at the company's AGM.

Melodie Michel

18 June 2024

People & Culture

Abrdn completes sustainability governance team with two senior appointments

The firm has poached sustainable investment veteran Kristina Church from BNY Mellon in the role of Global Head of Corporate Sustainability.

Melodie Michel

04 June 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

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 “intimidation and bullying”.

Melodie Michel

30 May 2024

Transition Planning

Climate transition planning for finance: Cracking the CSO’s 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 “transformation programme” aimed at cutting at least £150 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 world’s 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

“Sustainability strategies and core business strategies are converging.”

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

Germany’s development bank KfW names new Chief Sustainability Officer

Jürgen Kern joined the bank in 2007 and was most recently Director of Corporate Strategy and Sustainability.

Melodie Michel

09 May 2024