Key takeaways: SBTi’s new CEO stresses the need for flexibility in target-setting methodologies. Corporations shouldn’t wait for the new Corporate Net Zero Standard methodology to set emissions reduction goals. Climate transition plans will become a critical component of the target-setting process. The Science Based Targets initiative’s new CEO, former EY sustainability consultant David Kennedy, said […]
Key takeaways Climate United sued the EPA and Citibank for freezing nearly $7 billion in funding towards decarbonization projects. The first suit of its kind during the second Trump administration, its ruling will set a precedent for any future litigation accusing the federal government of illegally withholding funding. Climate United, often referred to as America’s […]
Key takeaways: A German court found Adidas guilty of vague climate claims without defined pathways or offset disclosures. Experts warn of “greenhushing” but encourage clearer communication. New legal challenges and scrutiny around sustainability marketing and reporting are emerging. Adidas maintains standard best practices to reduce its contributions to the climate crisis, including grounding net zero […]
Key takeaways: Norfolk Southern is allowing freight customers to buy Environmental Attribute Certificates, which they can use to reduce Scope 3 emissions. Similar schemes already exist in aviation and maritime shipping. The company has a goal of having lower-carbon fuels account for 7 percent of its fuel mix by 2027 and 20 percent by 2034. […]
Key takeaways The new targets cover the seafood sector only. They offer companies a structured way to address ocean sustainability and align their operations with scientific thresholds. Expanding engagement beyond seafood, into shipping, logistics and manufacturing, will further strengthen business resilience and ocean health. The Science Based Targets Network (SBTN) has launched the first-ever ocean […]
Key takeaways The EU’s cap-and-trade scheme — the Emissions Trading System (ETS) — released data showing that participating sectors have reduced emission to 50 percent of 2005 levels. The reductions keep the EU on track to meet its 62 percent emissions decrease by 2030 goal — thanks, in large part, to a 12 percent reduction […]
Key takeaways: B Lab published the seventh edition of the Certified B Corp standard. The update raises the certification bar for companies with more than 1,000 employees or $350 million in sales. Certified companies will need to demonstrate improvements against baselines to keep their status. B Lab Global published a 683-page revision to the B […]
Key takeaways: In a fast-moving, high-volume industry, H&M offers a rare level of transparency about sustainability progress. The company’s circularity efforts are growing but remain marginal. Despite progress in reducing supplier emissions, the road ahead remains challenging. H&M Group has increasingly positioned its brand, for better or worse, around ambitions to reduce its burden on […]
As a partner at Beatrice Advisors, a multifamily office, I often see investors presume that, to move the needle on environmental impact, they must opt for private investments that wire impact into their ethos. This kind of investing approach can be described as having high “intentionality” – it’s deliberate, purposeful and offers measurable outcomes. But […]
Key takeaways: The IMPACT Act, a low-emissions cement bill, passed with a large majority in the Republican-held House. The bill allows states to decide whether they want to take advantage of a $15 billion to implement low-emission cement, concrete and asphalt R&D and initiatives. The bill was successful in this anti-climate era because funding was […]