• 24 Hours In Sustainability

  • Worldwide Highlights

  • UK Highlights

  • The Daily Climate Sceptic

• Long-Listen of the Week

Worldwide Highlights

• As speculated earlier in the month, yesterday, the European Commission confirmed plans to loosen its rules on corporate sustainability reporting and supply chain transparency

  • The plans exempt any company with fewer than 1,000 employees from the CSRD rules: roughly 80% of the companies currently covered by the directive.

  • The proposed changes must win support from the European Parliament and a reinforced majority of the 27 EU member states, meaning there may still be changes.

• Companies in the Asia-Pacific region have shown stronger net-zero commitments and better disclosures on greenhouse gas emissions, according to a report from PwC, which analysed the progress of over 700 companies

• The World Bank pivoted to climate - the Trump administration’s deep cuts to clean-energy programs are raising concerns about U.S. commitments to the lender [Cached Copy]

• Under strong shareholder pressure BP slashes net zero spending by nearly £4bn

  • Analysis on why BP has made this decision

• Nauru sells citizenship to help fund relocations as sea levels rise

UK Highlights

• Barclays and NatWest are to abandon sustainability metrics as performance measures from annual awards in revamps of executive pay

• UK government extends plug-in van grant and boosts EV support with £120mn funding

• Volklec secures £100mn to kickstart UK battery production

• Using sustainable drainage technology to stop National Cycle Network flooding

• KPMG: How brands and retailers can grow sustainability in 2025

• Richard Curtis’s green pressure group Make My Money Matter, which pressed pension funds and banks to end fossil fuel investments, to shut [Cached Copy]

The Daily Climate Sceptic

• Net Zero to blame for surging UK electricity bills as prices increase by 50% in just 10 years, new analysis shows