Listed companies fail to align with Paris Agreement
MSCI (NYSE:MSCI) has released its latest net zero tracking report, revealing that only 17% of listed companies’ decarbonisation targets are aligned with the goals of the Paris Agreement.
Transition Plan
Corporate action frozen by greenwashing fears: Google survey
Many companies are overstating their sustainability credentials as they feel the pressure of being considered green, according to a global survey of executives.
BEIS committee slams Big Oil’s ‘inadequate’ disclosures on low-carbon investment
MPs claim oil companies have “failed to be transparent” about the extent of their investment in low-carbon energy, amid warnings the UK will miss its 2035 deadline to slash power sector emissions.
Pension funds show ‘deep frustration’ with BP ahead of AGM
Pension funds are expressing “deep frustration” with the net zero strategy of BP (LON: BP) as the firm’s chairman, Helge Lund, looks to be re-elected at the supermajor’s AGM.
CEOs fear economic crises will stall sustainability progress
Google (NASDAQ:GOOG) has released the results of its second annual Global Sustainability Survey, showing that leaders are struggling to address ESG issues and sustainability.
Only 5% of UK companies have ‘credible’ transition plans
Analysis from EY shows that, following the UK Government's own framework, almost no company is adequately preparing for the low carbon transition. This is despite a 2021 pledge at the Glasgow COP that UK companies would be required to publish transition plans by 2023.
Canada to step up investment in race for green transition
The Government of Canada has published its 2023 Budget, where it has proposed investments and tax credits to build a competitive domestic net zero economy.
How is international rivalry driving green industrial policy?
Following the UK update of its green strategy, Matthew Lewis (partner and UK head of energy & utilities sector), James Watson (partner and head of decarbonisation) and Nick Thody (head of knowledge) at Osborne Clarke explore how international rivalry is driving green industrial policy through Europe's response to US policy.
‘Out of touch’: Activists hit out at Shell’s oversight role for North Sea transition
Activists have hit out at a Shell boss being given joint oversight with the regulator for the North Sea industry energy transition.
Is PepsiCo exposed to $4.4bn in climate risk?
Financial think tank Planet Tracker has done an analysis of PepsiCo's (NASDAQ: PEP) public statements, warning that, on its current emissions trajectory, the company could be exposed to $4.4 billion of climate-related risk each year by the end of the decade.