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Mining giant Glencore announced today the release of its second Climate Action Transition Plan for 2024 to 2026, including the introduction of a new climate goal for the company to reduce Scope 1, 2 and 3 industrial CO2e emissions 25% by 2030, compared to 2019. Glencore launched its inaugural climate action plan in 2020, including […]
As the dust settles on last week’s final SEC Climate Disclosure Rule, commentary around the content of the final rule is getting increasingly pointed, and battle lines are being drawn. The implications can be split up into three main categories: The Good While some were disappointed that the final rule was “watered down,” 91% of […]
This week in ESG news: EU lawmakers vote to ban unverified green claims; Canada releases proposed sustainability reporting rules; EY, IBM launch new sustainability data and reporting solution; Google commits to purchase $35 million carbon removal credits; EU member states approve sustainability due diligence law; Shell sets goal to reduce emissions from customers’ use of […]
TD Bank Group (TD or the Bank) provided updates on its sustainability strategy and continuing efforts to help its customers, communities and colleagues thrive in a changing world. “In the last year, people have felt the stress of higher costs of living, alongside the growing effects of climate change,” said Janice Farrell Jones, SVP of Sustainability […]
Global renewable energy company Low Carbon announced today the appointment of Annabel Wiscarson as CEO of its Low Carbon Investment Management arm. Wiscarson will sit on the Low Carbon Board and report to founder and Chief Executive Roy Bedlow. Founded in 2011, Low Carbon invests in, develops, and operates solar, wind, energy storage, and energy […]
Two years after proposing the rule, more than 24,000 comment letters, and a nearly three-hour meeting marked by politically charged statements, the five Securities and Exchange Commissioners voted along party lines (3-2) to approve the final rule requiring climate-related disclosures for public companies listed on US stock exchanges. Here is the TL/DR from the 886-page […]
Southwest Airlines announced the launch of Southwest Airlines Renewable Ventures (SARV), a new subsidiary responsible for managing the airline’s sustainable aviation fuel (SAF) investments, and creating opportunities for the company to obtain SAF to reach its clean fuel goals. The company also announced a new $30 million investment in SAF technology startup LanzaJet, which will […]
New features offer enhanced visibility of energy and resource consumption, historical data analysis and detailed metrics to help organisations meet imminent regulatory reporting requirements. Includes a fast, intuitive, and simple-to-use reporting engine with third-party integration and data export features, all at the touch of a button. Are the result of three years of strategic investment, […]
This week in ESG news: EU fails to pass environmental & human rights sustainability due diligence law; Singapore to introduce mandatory sustainability reporting; Deutsche Bank launched new sustainable finance framework; Senior execs say sustainability drives better revenues, profitability, IBM survey finds; IAG signs one of largest-ever sustainable aviation fuel deals; Australian companies call for delay […]
This year, Standard Chartered has expanded the scope of their annual Fair Pay Report to cover broader commitment to diversity, equality and inclusion. 91% of Standard Chartered colleagues say they feel included in their team 87% agree Standard Chartered meet or exceed expectations as an employer 79% say they can balance their personal and professional […]