CSO Futures

Last chance to register! Join Sherry Madera, CEO of CDP and Jenn-Hui Tan, Chief Sustainability Officer of Fidelity International today at 3pm GMT to learn how to turn #ESGdisclosures into an engine of transformation, investment and growth. https://lnkd.in/ei-U_jQQ #SustainabilityEvents #ClimateDisclosures #SustainabilityLeadership

A UN-led report has found that nature-related risks are increasingly recognised as critical to financial stability – with various countries introducing nature and biodiversity elements as part of prudential regulation. In total, 29 of the more than 50 jurisdictions reviewed by the United Nations Environment Programme Finance Initiative (UNEP FI) and WWF have started to consider #NatureRisks in their prudential frameworks, with efforts led by the Global South and Europe. "Strong policy signals and coordinated responses by governments, central banks, and financial institutions are crucial to help protect financial stability by reducing nature-related risks and supporting nature-positive activities,” said Maud ABDELLI, WWF Greening Financial Regulation Lead. “The case studies provided in the report show how this can be done, and what types of regulatory actions are currently undertaken to halt #BiodiversityLoss by 2030.” https://lnkd.in/e3FkpP58 #NatureDisclosures #SustainableFinance #GBF #ChiefSustainabilityOfficer

How sustainability disclosures can be a driver of change, investment and growth. Promises to be a fascinating discussion.

Extreme weather events are considered the second-most material risk for 2025 after armed conflict – but will take the top spot within the next 10 years. This is according to the 2025 #GlobalRisksReport published this week by the World Economic Forum (WEF) ahead of its annual conference in Davos. Last year’s new record-breaking temperatures fuelled more than 200 heatwaves, drought, wildfire, storms and floods according to non-profit World Weather Attribution. Among these, the organisation estimates that the top 26 weather events intensified by #ClimateChange caused the deaths of at least 3,700 people and the displacement of millions. "I'm reassured that we globally are not losing sight of what is to come," wrote Zurich Insurance #ChiefSustainabilityOfficer Linda Freiner in reaction to the report. "Now, how to get the general public to understand this is where we are currently failing miserably." https://lnkd.in/e_NJ2jCh #WEF #ClimateCrisis #ClimateAdaptation

CDP’s inaugural Corporate Health Check has found that nearly 80% of the companies that are on track to meet their #ClimateTargets link sustainability KPIs to executive pay, making this a top lever for climate action. The Corporate Health Check assesses the climate-related targets and initiatives of nearly 25,000 companies worth 67% of global market value to identify the most impactful transparency and governance strategies for sustainable business. Executive pay incentives are just one of the four levers. On top of that, most companies on track to meet their climate goals already have a 1.5ºC-aligned #ClimateTransitionPlan and engage both suppliers and customers on climate topics, and many have established an internal #CarbonPrice (#ICP). https://lnkd.in/gyKPjwck #ClimateDisclosures #ChiefSustainabilityOfficer

The European #aviation sector is on a “clear path” towards reducing its climate impacts, according to the fourth European Aviation Environmental Report (#EAER). The 2025 report, published by the EASA - European Union Aviation Safety Agency (EASA), highlights the progress made by the industry in recent years – particularly in terms of fuel efficiency and #CarbonIntensity. The average grams of CO2 emitted per passenger kilometre (gCO2/pkm) was 83 in 2023, down from 89 in 2019, reflecting a 2.1% annual fuel efficiency improvement since 2005. This means that although the number and distance of flights are nearly back to pre-pandemic levels, CO2 emissions remained 10% lower in 2023 (133 million tonnes) than in 2019. Hurdles remain on the way to widespread #SAF adoption, but policy developments like #RefuelEU and the #EUETS are aiming to reduce the price gap with conventional jet fuel. https://lnkd.in/eK6nBP_t #SustainableAviation #NetZero #ChiefSustainabilityOfficer

To be a sustainability professional is to be simultaneously committed to a long-term vision and realistic about your starting point and the journey needed to get there: that push and pull drives a lot of Emma Brigginshaw’s work at myenergi. Brigginshaw joined the Grimsby-based energy technology firm as Head of Sustainability and Ethics nearly three years ago when it was just six years old – and as the first person in a sustainability-focused role, she had the opportunity to develop its entire #SustainabilityStrategy from scratch. “You've got to meet a business where it is now, not where you desperately want it to be: that's the journey you've got to take it on,” she tells CSO Futures in this exclusive interview. Click the link below to learn more about Brigginshaw's priorities and her moonshot idea of sourcing electronics materials from myenergi's own waste. https://lnkd.in/e4BYm7vW #Interview #ChiefSustainabilityOfficer #Minerals #ChangeManagement

Laura Barlow, who was Barclays’ Global Head of Sustainability since 2021, has stepped down from her role but remains an advisor, the bank has confirmed. A spokesperson for the bank told CSO Futures that her responsibilities have been taken over by Daniel Hanna as Group Head of Sustainable and Transition Finance. During Barlow's tenure, Barclays published a #ClimateTransitionPlan and stopped providing project finance or any other direct financing for #OilAndGas expansion projects or related infrastructure projects. But her time leading sustainability at the UK’s second-largest bank was also marked by controversy, as Barclays remained a top fossil fuel financier and was accused of directing some of its 2030 US$1 trillion #SustainableFinance goal towards the industry. https://lnkd.in/eRK6a7Ra #ChiefSustainabilityOfficer #SustainableBanking

The Taskforce on Nature-related Financial Disclosures (TNFD) is expanding its activities in #China as it welcomes the country’s first financial institution as a member. Bank of China has officially joined the taskforce, and like the TNFD’s 40 other members, it will provide expert input and design recommendations on its evolving guidance for corporate nature disclosures. It will also support the TNFD in relation to Chinese market engagement, data and capacity building – specifically with Chinese companies and financial institutions. “We are delighted to see growing support from Chinese companies and financial institutions in the work of the TNFD," said David Craig, Co-Chair of the TNFD, announcing two new consultations in the country. https://lnkd.in/eE3HdwzX #NatureDisclosures #Biodiversity #ChiefSustainabilityOfficer

The European Banking Authority (EBA) will require most EU banks to identify and manage E#SG risks, including #ClimateTransition risks, by January 11, 2026. By that date, banks have to set up processes to conduct a robust materiality assessment of ESG risks – specifically financial risks derived from new ESG-related trends and regulations for all the sectors they serve. Based on this materiality assessment, financial institutions will be required to develop and implement measurement methods, risk management arrangements and #TransitionPlanning processes. https://lnkd.in/ekpA94ai #SustainableFinance #ChiefSustainabilityOfficer #Compliance