Carbon Accounting Blog @CarbonAccBlog

🌍📈 California sets the stage for climate leadership! Governor @GavinNewsom plans to sign a groundbreaking law requiring major companies to disclose emissions and climate risks. A powerful move towards a more sustainable future!bit.ly/3QgneT6📊 #ClimateDisclosure

⚖️ Major oil companies like ExxonMobil, Shell, Chevron, ConocoPhillips, and BP are being sued for downplaying climate change risks by the state of California. bit.ly/3Q4ouIV. #ClimateJustice #OilIndustryAccountability

🚀 Big news for climate transparency! Governor @GavinNewsom commits to signing bills that will compel major U.S. companies to disclose their emissions and climate-related financial risks. A good step towards a sustainable future! 🌿📊 #ClimateDisclosure #CorporateResponsibility

📉🌡️Companies' 2030 targets fall far short of what is needed to align with 1.5C pathways. The median target implies only 15-21% emissions reductions by 2030, compared to the 43% global reduction needed. bit.ly/3Rr3nkW 🌿🔍 #NetZeroCommitment #ClimateAction

📊📷 Shocking statistic: Only 7% of companies are actually on track to hit their Net Zero targets for emissions reduction. accntu.re/45TPgJq📷📷 #NetZeroReality

🌍📊 Strong ESG ratings boost financial performance globally! 🌏💰 🇩🇪 Germany is the exception, where B-rated companies outperformed AAA-rated ones. Explore regions on: bit.ly/3PC9fq6📈

💡 Companies with strong ESG ratings delivered an average annual return of 12.9%, compared to 8.6% for lower-rated ones—a 50% premium! Learn more in the study: bit.ly/3PC9fq6 #ESG #Investing

🍏 Big news! Apple's latest Apple Watch is now their first carbon neutral product. 100% clean electricity, 30% recycled materials, and eco-friendly shipping = 75% emissions reduction. apple.co/46bUXSu♻️🌿 #CarbonNeutral #AppleWatch

🍏 Apple supports California bill to track Scope 3 emissions, calling for accurate and transparent carbon emissions disclosures that include supply chain emissions. reuters.com/sustainability…(Reuters,major%20company%20to%20do%20so.#ClimateAction #CorporateResponsibility

🌐💼 Trillion-Dollar Investor Coalition - $1T+ in assets - calls on ISSB to prioritize human capital & human rights in global reporting standards. Transparency matters! shareaction.org/news/issb-urge…💪📊 #Sustainability #ESG #HumanRights

🔍📈 AI meets Carbon Cuts! UK Govt invests £4 million in AI projects to fast-track industrial decarbonisation. From solar energy to dairy farming, AI-driven innovations will lead us to a cleaner, net zero future.gov.uk/government/new… 🌞🐄 #AIforClimate #NetZero

🌐 Dual ESG Reporting Challenges Ahead Companies face a dual challenge as ISSB and EU ESG reporting standards emerge. Navigating two sets of rules might prove complex. #ESGReporting news.bloomberglaw.com/daily-labor-re…

📢The EU is rolling out a pioneering Carbon Border Tax starting Oct 2023. Importers must buy certificates to cover emissions embedded in key imports like steel & cement. Aims to prevent carbon leakage & spur global climate action. #CBAM carbonaccounting.blog/guide-carbon-b…

🌍 ESG Matters in M&A: KPMG Survey shows over 50% of dealmakers have canceled deals due to ESG findings. Companies aligned with ESG priorities are gaining investor interest. Learn more about the impact of #ESG on mergers and acquisitions. #Sustainability #investing

The EU Commission has adopted the first set of European Sustainability Reporting Standards (ESRS) 📈🌱 Over 50,000 companies will be required to measure and disclose their ESG impacts. #ESG #Sustainability 🌿✨efrag.org/News/Public-43…

🌍📊 IFRS S2 brings new requirements for reporting Scope 1, 2, and 3, offering greater transparency on climate impact. 📅🚀 Good news for companies, the ISSB allows an extra year to report on Scope 3, giving more time to align with the new standard. 🚀

📢 Sustainability reporting gets a major boost with the newly issued IFRS S1 and IFRS S2 standards by ISSB! 🌍📊 Companies will be required to disclose sustainability-related risks, opportunities and climate-related metrics: bit.ly/3rdKvLf #IFRSStandards #ISSB

the study further reveals that 42% of CEO's consider environmental sustainability as their top challenge over the next 3 years. 📊 This highlights the growing importance of sustainability in business strategies. #CEOs #SustainabilityChallenges

📢 According to a recent @IBM study, 50% of CEO's now have compensation linked to sustainability goals, a significant increase from just 15% last year! 🌍💼 Find out more about this trend in sustainable business practices: [ibm.co/3PAUgxh] #Sustainability #BusinessGoals

To get started, check out our beginner's guide to #carbonaccounting—a comprehensive resource for understanding the fundamentals and laying the groundwork for your sustainability journey: carbonaccounting.blog/beginners-guid… 📚✨