The Science Based Targets initiative (SBTi) has released a 132-page draft revision of the Corporate Net-Zero Standard (Version 2.0). Key proposed changes include...more
Over the past several weeks, each of the major US banks have announced their withdrawal from the Net Zero Banking Alliance (presumably in response to the policy priorities of the second Trump Administration). Although...more
Today in the United States, there is no federal comprehensive statute addressing climate change. With the Trump Administration now in power, it is doubtful that any such statute will be forthcoming anytime soon. ...more
Government backing is critical to tilt markets in favour of green energy. But to incentivise the innovation required, we have to reflect on past failures. In his 2021 book How to Avoid a Climate Disaster, Bill Gates coined...more
Creating an effective regulatory framework will be critical to deliver Net Zero. But does that mean more – or less – regulation? From trade agreements to taxonomies, carbon adjustment mechanisms to corporate sustainability...more
What Is Carbon Offsetting and Why Is It Used? Carbon offsets are used by sustainability managers to make progress toward a company's greenhouse gas (GHG) emissions reduction targets. Carbon offsetting allows companies to...more
Environmental advocacy group As You Sow has sent climate-focused shareholder resolutions to five major U.S. banks. The resolutions request that the banks disclose their climate transition plans for meeting financed emissions...more
During the height of the COVID-19 pandemic, many corporations, governments and non-governmental organizations began formulating their post-pandemic sustainability-focused economic recovery plans, eager to capitalize on the...more
The government also introduced transition plan requirements for companies to meet the UK’s 2050 net zero target. On 3 November 2021, the International Financial Reporting Standards (IFRS) Foundation Trustees Chair, Erkki...more