Planet Tracker’s interactive dashboard allows the user to evaluate the level of water stress a brand’s apparel suppliers face. This is possible based on present data and a forecast for 2050.
London 25 March 2024 – Planet Tracker has released a groundbreaking report uncovering the significant water-related risks faced by major fashion brands and retailers, including Adidas (ADS.GR), Gap (GPS.US), H&M (HMB.SS), Inditex (ITX.SM), Levi Strauss (LEVI.US), Nike (NKE.US), PVH Corp (PVH.US), Ralph Lauren (RL.US) and VF Corp (VFC.US).
The TNFD issued its final recommendation on nature-related financial disclosures in September 2023. Even the earliest TNFD adopters will not have to publish such disclosures until 2025, for the 2024 financial year. However, companies can no longer claim they lack guidance on nature reporting. Investor initiatives such as the Nature Action 100 and PRI Spring Initiative provide significant opportunities for financial institutions to press companies for progress.
London 7 March 2024 – Betting on resource extraction over nature preservation is a financial mistake, according to Planet Tracker’s latest report, “How to Lose Half a Trillion”.
Mining the deep sea would be an ecological disaster that could cause over USD 500 billion in value destruction. The negative impact on the deep sea’s ecosystem services could lead to natural capital destruction of at least USD 465 billion, predominantly through habitat destruction.
A new comprehensive analysis reveals the extent to which advertising agencies are promoting clients with significant environmental impact and spotlights the apparent lack of commitment to Environmental, Social, and Governance (ESG) principles by major advertising Holding Companies: (Dentsu (4324) , Havas (HAV), IPG (IPG), Omnicom (OMC), Publicis (PUB), WPP (WPP).
A new comprehensive analysis reveals the extent to which advertising agencies are promoting clients with significant environmental impact and spotlights the apparent lack of commitment to Environmental, Social, and Governance (ESG) principles by major advertising Holding Companies.
BASF has recently upgraded its climate transition plan aligning with some recommendations from Planet Tracker, especially regarding setting (partial) Scope 3 targets. BASF unveiled upgraded targets in December 2023, adding to its mitigation goals to reduce Scope 1 and2, some Scope 3 emissions. Notably, the company plans to decrease specific upstream Scope 3 emissions by 15% by 2030.
In corporate sustainability, ongoing dialogue and continuous improvement are integral to fostering positive change. In the spirit of transparency and collaboration, in this update we revisit our assessment of Colgate-Palmolive’s (CL) climate transition plan, taking into account the valuable disclosures made by the company in response to our previous report.
In a recent analysis of 3,900 documents, transcripts and filings from apparel-related companies using Natural Language Processing (NLP), Planet Tracker examined how the management teams of 29 major apparel brands perceive water-related risks.
An overwhelming 90% of the examined documents failed to mention water-related risks, with many companies barely mentioning water-related risk at all, highlighting a significant gap in disclosure practices.
If you would like more information on any aspect of our work please click the link below, complete and submit the inquiry form and we will get back to you as soon as possible.
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