On September 8, 2023, the United Nations published its first Global Stocktake report on the progress made by nations in addressing climate change. The report, which represents the first comprehensive assessment of nearly 200...more
9/27/2023
/ Carbon Emissions ,
Clean Energy ,
Climate Action Plan ,
Climate Change ,
Environmental Policies ,
Environmental Social & Governance (ESG) ,
Fossil Fuel ,
Greenhouse Gas Emissions ,
Infrastructure ,
Paris Agreement ,
Supply Chain ,
United Nations
On May 30, 2023, a consumer class action lawsuit was filed in the United States District Court for the Northern District of California asserting that the airline falsely claimed that it is the world’s “first carbon-neutral...more
6/6/2023
/ Aviation Industry ,
Carbon Emissions ,
Class Action ,
Climate Change ,
CLRA ,
Corporate Social Responsibility ,
Delta Airlines ,
Environmental Social & Governance (ESG) ,
Fraud ,
Greenwashing ,
Misleading Statements ,
Offsets
According to a recent report published by global non-profit environmental disclosure platform CDP, approximately 41% of responding companies are reporting on one or more categories of supply chain emissions, even though such...more
The 2023 Corporate Climate Responsibility Monitor (CCRM), produced in partnership by Carbon Market Watch and the New Climate Institute, contend that of the 24 multinational corporations assessed in the review – “the largest...more
Last month, the Net-Zero Asset Owner Alliance (NZAOA), an alliance of asset managers committed to transitioning their investment portfolios to net-zero greenhouse gas emissions by 2050, released the third edition of its...more
A recently published independent review of Australia’s carbon credit units (ACCU) scheme, commissioned by the Australian government, has found that the ACCU scheme is “essentially sound,” but provides 16 recommendations to...more
A global financial institution recently announced an updated energy policy, supplementing its previously issued 2030 targets. HSBC’s 2030 targets aimed, among other things, to reduce financed emissions in two carbon-intensive...more
1/13/2023
/ Business Strategies ,
Carbon Emissions ,
Climate Action Plan ,
Climate Change ,
Energy Policy ,
Environmental Social & Governance (ESG) ,
Financial Institutions ,
Financial Services Industry ,
HSBC ,
Oil & Gas ,
Sustainable Business Practices ,
Sustainable Finance ,
Utilities Sector