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Half of top advertising board members linked to polluting industries, research finds
…solutions related to climate change. The study uncovered that among the combined 64 board members across the six PR companies, including Omnicom Group, WPP, Interpublic Group (IPG), Publicis Groupe, Dentsu…
Is plastic pollution a blind spot in corporate sustainability disclosures?
This is according to an analysis conducted by CDP, the non-profit organisation managing the global environmental disclosure system, encompassing disclosures from nearly 3,000 companies with a combined market capitalisation value…
What will it take for the UK to deliver a Just Transition?
…cut off some communities from future access to EV charging opportunities,” notes Gardner. Similarly, a commitment to a Just Transition must permeate throughout the entire company if it is to…
Mind the credibility gap: Why corporate net-zero plans are still riddled with loopholes
…companies worth $67trn. This is equivalent to more than two-thirds of global market capitalization. The vast majority of these companies disclose climate-related information. But less than one in five are…
EU Parliament and member states reach deal on corporate due diligence law
…sanction companies if they find that the companies do not properly implement their due diligence procedures. The sanctions can go as high as 5% of a company’s global turnover, which…
Legal & General records five-fold increase in companies it is analysing on climate grounds
…encourage companies to transition to net-zero carbon emissions. Last year’s Pledge analysed 1,000 companies across 15 sectors, compared to more than 5,000 across 20 “climate critical sectors”, which now includes…
More companies disclosing on forests, but $80bn risk of inaction remains
…commitments in place to end deforestation by 2025 and just 10 companies have deforestation targets that also focus on improving social conditions. In total, just 269 companies estimated that the…
New joint commitment launched to boost carbon market integrity
…new commitment outlines the ways that corporates can purchase high-integrity credits and where these fit in with broader decarbonisation plans. The commitment emphasises that companies must first prioritise decarbonisation across…
Sustainability disclosure mandates: What changes are on the horizon for businesses in the UK and EU?
…all companies active in the EU market, irrespective of their HQ’s location. The JURI committee in the European Parliament is set to vote on the EU Commission’s proposal to shift…
US to update anti-greenwashing code with focus on the circular economy
…products without adequately substantiating their commitments,” the comment states. Jointly filing this comment are Sierra Club, Greenpeace USA, the Union of Concerned Scientists, Amazon Watch, Public Citizen, the Institute for…
UK ranks second in corporate science-based targets as adoption skyrockets
According to the report, by the end of 2022, 45 companies from the UK FTSE 100 had established science-based targets, while an additional 24 companies had made commitments to set…
EU quietly shelves REACH regulation on toxic chemicals
…blades more resistant and protect them from corrosion. They are also commonplace in solar panels. Liese said the EPP was committed to the EU’s decarbonisation goals but added that not…
Net-Zero Tracker: Quality of corporate climate targets only increasing incrementally
…world’s largest 2,000 listed companies, from the Forbes Global 2000 list. Of these companies, 929 companies have set net-zero targets. More than 200 of these targets have been set within…
Business giants named and shamed for flouting science-based targets pledges
…for companies to make commitments without taking action.” Some 5,700 companies have committed to set SBTi-approved targets to date. More than 3,200 have had their targets approved. Companies listed as…
Government accused of ‘deep-rooted complacency’ on water industry sustainability
…a “balance between funding from today’s customers and future generations”, without “storing up problems for the future”. The Committee’s proposed solution is a single social tariff. Some water companies already…
Solar panel breakthroughs and sensors fighting food waste: The best green innovations of January 2024
…Taskforce highlighted the “untapped potential of commercial sites for solar.” What many commercial sites have in common is their provision of walkways and car parks for public use. Those areas…
More than 50,000 companies to be impacted by new EU sustainability reporting rules
…the impact of risks. Any company which does not deem climate mitigation as material to their business will need to explain why. For other topics, including biodiversity and water, companies…
Wales launches publicly owned energy company with focus on community renewables
The new company, Ynni Cymru, will work to scale up community-owned renewable energy generation across Wales. It will allocate £750,000 to 11 projects over the next three years, in the…
Report: Big corporate emitters failing to disclose climate risks
This is according to Carbon Tracker’s third annual report, assessing how companies and their auditors address climate change in financial statements and audits for the 2022 financial year. These companies,…
Finance and consumer goods giants ‘ignoring deforestation risks’ despite a decade of warnings
…that these commitments are comprehensive and cover all of their forest-risk commodities. Firms named as leading in this respect include Schroders, Rabobank and BNP Paribas. Beyond finance Looking at the…
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