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
Operations & Finance Global banks under pressure to set more specific sustainable finance targets To meet the world’s 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
Policy & Standards UK’s Transition Plan Taskforce unveils sector-specific guidance Asset managers and banks, as well as companies in electricity, food and beverages, mining and oil and gas now have access to detailed recommendations to draft their transition plans. Melodie Michel 09 April 2024
People & Culture US bank Fifth Third announces new Chief Sustainability Officer Pratik Raval previously held various positions (including Head of Sustainability Strategy) at Tata Consultancy Services USA. Melodie Michel 18 March 2024
Policy & Standards Global banks set to include capital market emissions in net zero targets The second version of the NZBA guidelines reflect improvements in financed emissions calculation methodologies and data quality. Melodie Michel 14 March 2024