Companies are failing to ensure their readiness for integrated climate reporting
Compliance and Scope 3 emissions measurement are the top concerns
Scope 3
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BSI launches scheme to support organisations to meet net zero and ESG targets
Comes after BSI research found 23% of organisations are unclear about what net zero means
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SBTi’s failure to endorse carbon credits to address Scope 3 emissions ‘a missed opportunity’
The trend of companies leaving SBTi could ‘accelerate’ in the next 12 months
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Less than 10% of top oil and gas companies report Scope 3 emissions from their investments
Leads to discrepancies in investment portfolio carbon footprinting
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Over 90% of US companies plan to increase reporting efforts on SEC’s final climate rule
Enhanced reporting around CSRD and California’s climate legislation also on the cards
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Barclays’ CEO: We want a government that pushes for sustainable technologies
At the recent Bloomberg conference, business leaders covered how banks are financing the transition
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KPMG: Just 29% of companies are ready for ESG data verification
‘The goal line is continually evolving,’ says report from KPMG
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Aegon urges shareholders to take action over Shell’s ‘weakened’ sustainability plans
Hilkka Komulainen has called on fund managers to vote against climate transition plans at Shell’s AGM
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Q&A with Morrison Foerster’s Silva: It could take years before SEC’s climate regulation is back on track
Fredo Silva says the SEC’s reputation would have been damaged ‘no matter what they did’
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Calls for increased tech investment for heavy industries’ climate transition
With the help of increasing investments in market-ready technologies
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SBTi ‘rattles’ staff with consultation on use of carbon offsets in tackling Scope 3 emissions
SBTi employees have reportedly pushed back saying decision ‘undermines confidence’ in SBTI standards
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SEC adopts weakened climate disclosure rule in the face of strong pushback
Rule ‘should be seen as a floor, not a ceiling’