Rob Langston

SBTi clarifies carbon credit stance amid staff unrest

The Science Based Targets initiative (SBTi) has published a clarification on its stance on the use of environmental attribute certificates (EACs) - such as voluntary carbon credits - after criticism from staff and the industry.

SBTi board faces resignations and staff ire after change to carbon credit stance

The Science-Based Targets initiative (SBTi) Board of Trustees has come under fire for changing its stance on corporate use of carbon credits for Scope-3 emissions reduction targets, which has been described as a "major departure" from existing policy.

Sustainability reporting software provider Celsia acquired by ISS-Corporate

Standard Chartered guide to address adaptation and resilience finance shortfall

Standard Chartered Bank has launched a guide to align sector-wide efforts solve the adaptation and resilience finance shortfall.

SBTi warms to offsets, in massive move for voluntary carbon market

The Science-Based Targets initiative (SBTi) has said it will take a more accommodative stance towards carbon credits, in a move one observer described as a "massive" moment for the voluntary carbon market.

IFC backs BNPP Poland with $548m sustainable significant risk transfer

BNP Paribas Bank Polska (BNPP Poland) has agreed a $548 million synthetic significant risk transfer transaction (SRT) with the International Finance Corporation (IFC) which will help it to issue sustainable loans.

Church of England to back climate disclosure shareholder proposals for US banks

The Church of England Pensions Board will vote in favour of measures that could force several US banks, including Bank of America, Goldman Sachs and Morgan Stanley, to disclose the level of their fossil fuel financing relative to that for clean energy.

SSBJ issues draft sustainability disclosure standards

The Sustainability Standards Board of Japan (SSBJ) has issued three exposure draft disclosure standards it said are aligned with the International Sustainability Standards Board (ISSB) IFRS standards.

Sarasin urges precautionary approach for Basel climate disclosure requirements

Sarasin & Partners has urged the Basel Committee on Banking Supervision to require disclosure of the results of climate stress tests and of how climate-related risks translate into risks to capital adequacy.

More action needed on companies' plastic data, says CDP

Major gaps in corporate plastic data highlight the need for mandatory plastic-related disclosure rules, according to CDP, the not-for-profit group that runs the global environmental disclosure system.