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April 27 · Issue #86 · View online
The insider memo for sustainability leaders in the commodities sector.
If you would like help measuring your carbon emissions please visit https://carbonchain.com/contact
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Too many new coal-fired plants planned for 1.5C climate goal, report concludes; Climate votes fought by major oil companies get key backing; everything you need to know about CBAM; and much more… Welcome to the 86th Edition of the Climate Memo by CarbonChain!
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Too many new coal-fired plants planned for 1.5C climate goal, report concludes
The number of coal-fired power plants under development around the world fell last year, but far too much coal is still being burned and too many new coal-fired power plants are planned for the world to stay within safe temperature limits.
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Climate votes fought by major oil companies get key backing
An investor-led push for major oil companies to set climate goals in line with the Paris agreement won support from a key proxy adviser for the first time, setting up a showdown at upcoming shareholder meetings.
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The EU's Carbon Border Adjustment Mechanism: what you need to know
What is the EU CBAM, how will it work, and what should you do to prepare? Here’s what businesses need to know.
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Shell says aims to hit carbon reduction goals regardless of others
Shell aims to meet its goal to cut carbon emissions to net zero by the middle of the century regardless of progress by customers and broader society, its chief executive said on Thursday.
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Blackbaud adopts sustainability reporting, boosts ESG goals
Blackbaud (BLKB) recently announced it has achieved carbon-neutrality across its operations and data centers for 2021. They became carbon-free for 2021 by using energy efficiently and investing in eco-friendly projects in its quest to build a green future.
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STICA study confirms scale of Scope 3 emissions
Swedish apparel and textile companies have confirmed that 95 per cent of their greenhouse gas (GHG) emissions are produced in their global supply chains (Scope 3), in a new study by the Swedish Textile Initiative for Climate Action (STICA).
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