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How to Use Sustainability Accounting to Pinpoint Carbon Hotspots in Your Operations

How to Use Sustainability Accounting to Pinpoint Carbon Hotspots in Your Operations

As the global focus on decarbonisation intensifies, the oil and gas sector faces mounting pressure to reduce its greenhouse gas (GHG) emissions. Sustainability accounting offers a practical approach to identifying and addressing the carbon-intensive aspects of your operations. By systematically measuring and reporting environmental data, it’s possible to uncover the specific areas or  “carbon hotspots” that contribute most significantly to…

NZBA Members Told to Scale Climate Ambition

Mass exodus of US, Canadian banks does not need to dampen efforts by remaining members to align with net zero, experts agree.  Following a series of exits, the Net Zero Banking Alliance (NZBA) has the opportunity to double down on its climate ambition and sharpen its requirements for remaining members. The focus is on European banks to lead the way,…

5 Reasons Sustainability Accounting Is Key to Tackling Climate Change in Oil and Gas

5 Reasons Sustainability Accounting Is Key to Tackling Climate Change in Oil and Gas

The oil and gas industry has long been a focal point in the global conversation on climate change. With the sector accounting for a significant portion of greenhouse gas (GHG) emissions, the need for actionable strategies to mitigate environmental impact has never been more urgent. One such strategy gaining traction is sustainability accounting, a powerful tool that enables organisations to…

What Can People Do to Combat Climate Change?

It would be easy to despair over climate change. After all, not only was 2024 the hottest year in recorded history, it was also when the world crossed the 1.5 C threshold that nearly every government pledged to avoid.  But there are things we can still do, as individuals and together, to address, and hopefully reverse, the impact of global…

How To Use Sustainability Accounting to Drive Decarbonisation in Your Operations?

How To Use Sustainability Accounting to Drive Decarbonisation in Your Operations?

The Oil and Gas sector faces increasing pressure to reduce greenhouse gas (GHG) emissions. With global stakeholders demanding transparency, accountability, and tangible progress toward decarbonisation, sustainability managers are at the forefront of this transition. One powerful tool in their arsenal is sustainability accounting. By systematically tracking and reporting environmental performance, organisations can not only meet regulatory requirements but also uncover…

Schroders to Adopt All Four of the FCA’s SDR Sustainability Labels for Funds

Schroders to Adopt All Four of the FCA’s SDR Sustainability Labels for Funds

Global investment manager Schroders announced plans to adopt each of the four sustainable investment labels – “Sustainability Focus”, “Sustainability Impact”, “Sustainability Improvers” and “Sustainability Mixed Goals” – introduced by the UK Financial Conduct Authority (FCA)’s Sustainability Disclosure Requirements (SDR) regulation, becoming, the firm believes, the first to do so. Anna O’Donoghue, Global Head of Product Development and Governance, Schroders, said:…

Texas-Led Multi-State Coalition Threatens BlackRock, Goldman Sachs, JPMorgan and Others with Legal Action Over ESG Commitments

Texas-Led Multi-State Coalition Threatens BlackRock, Goldman Sachs, JPMorgan and Others with Legal Action Over ESG Commitments

Texas Attorney General Ken Paxton announced that he has sent a letter to BlackRock, Goldman Sachs, JPMorgan Chase, Bank of America, Citigroup, and Morgan Stanley warning the Wall Street firms of potential legal actions over their diversity and climate investing policies and practices. The letter was co-signed by 9 other state Attorneys General, including the AGs of Alabama, Idaho, Indiana,…

Nature-based solutions ‘best way’ to reduce livestock emissions

Nature-based interventions are better than technology-based solutions to reduce emissions from livestock production, according to a report by the FAIRR Initiative. The report, Climate and Nature-based Interventions in Livestock, has been produced in collaboration with the Climate Policy Initiative and Vibrant Data Labs, assessing 22 solutions to could help to mitigate climate and nature risks from intensive livestock production. Of…

ICGN adds Lindsey Stewart to Global Policy Committee

Morningstar Sustainalytics’ director of stewardship research and policy, Lindsey Stewart, has joined the International Corporate Governance Network’s (ICGN) Global Policy Committee. The Global Policy Committee is an investor-led voluntary body compromised of ICGN members, and is designed to enable members to contribute their perspectives on ICGN’s policy work. This includes thought leadership and advocacy activities, and supporting the ICGN Secretariat in promoting high…