corporate climate action
Are Climate Pledges on Life Support?
A Q&A with Catherine McKenna, who led the UN Secretary General’s High-Level Expert Group on Net-Zero Commitments of Non-State Entities.
Catherine McKenna knows firsthand how to persist in the face of pushback on climate policies. She was Canada’s Minister of Environment and Climate Change during the first Trump Administration, and she led negotiations of that country’s first national climate plan over intense oil industry opposition. “The oil sands sector and the politicians they sponsor aren’t just greenwashing a product,” …
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CONTINUE READINGThe SEC’s Watered-Down Climate Rule
Now that the SEC has approved its limited climate disclosure rule, the spotlight is back on California’s more stringent disclosure laws that still need backing.
After months of discussion, the U.S. Securities and Exchange Commission (SEC) voted 3-2 to adopt climate reporting standards that will mandate publicly-traded companies disclose some of their greenhouse gas emissions. The SEC’s rule was proposed way back in 2022, and the initial draft would have required companies to disclose their “Scope 3” supply chain emissions, …
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CONTINUE READINGA Green Tint for Rio Tinto
It’s not just a U.S. thing. Shareholder worries about climate risks are global.
Rio Tinto historically has been far from an environmental paragon. That made an investor revolt last week over the giant mining company’s climate disclosures especially notable. It’s also notable that this took place in London, showing that investor worries about climate change are worldwide. These are people with real money at stake, unlike conservative politicians …
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