Planet Tracker’s innovative report A Deforestation Linked Sovereign Bond recommended a Deforestation-Linked Sovereign Bond (DLSB) to help countries with valuable state-owned forests to fund their transition to a sustainable economy by linking coupon payments to success in reducing deforestation as part of the solution.

Despite notable efforts to mitigate operating emissions, Walmart’s transition strategy falls short in addressing Scope 3 emissions effectively. Without consistent Scope 3 mitigation, the company risks overshooting its 2°C pathway alignment towards a business-as-usual scenario by 2030.

Walmart is expected to align with a 2°C pathway by 2030 when historic operating emissions are considered. Walmart’s transition plan displays a mix of strengths and limitations, according to Planet Tracker’s analysis. While engaging extensively with suppliers and advocating for climate policies, its transition efforts are hindered by a substantial rise in Scope 3 emissions and thus an overall increase in total emissions.

Planet Tracker was voted winner of the Driving Change in the Finance Community and the Nature and Biodiversity Leadership categories at the Finance for the Future Awards, organised by the Institute of Chartered Accountants England & Wales, Deloitte and A4S (Accounting for Sustainability).

Last week, European businesses, financial institutions, entrepreneurs, NGOs and policymakers gathered at the 2023 European Business and Nature Summit (EBNS) in Milan, Italy, to discuss sustainable business models focused on biodiversity. Held one year before the next CBD COP16 (United Nations Convention on Biological Diversity), special attention was placed on empowering businesses to take transformative action to head towards a nature-positive society.

Planet Tracker’s analysis shows that Dow is on track for a +3ºC climate scenario by 2030, although the company claims it is ‘aligned with a 1.5°C world’. With 72% of emissions coming from Scope 3 and Dow having no Scope 3 target, it is difficult to have confidence in the management’s statement.

Dow targets being carbon neutral for Scope 1, 2 & 3 by 2050. With a reliance on fossil fuels as a feedstock and energy source, the company faces considerable transition risk. About 35% of total emissions come from buying oil and natural gas for use as energy and feedstock. As with all chemical companies, it will be impossible to decarbonise the supply chain without addressing the oil and gas usage.

New report from Planet Tracker argues major investors must push holdings harder to work across the whole supply chain to drive a just, sustainable textiles industry.

This new report from Planet Tracker finds brands and investors in developed countries are largely shielded from the environmental harms across the upstream supply chain argues that major investors must push holdings harder to work across the whole supply chain to drive a just, sustainable textiles industry.

Planet Tracker’s recommended ‘Blue Recovery Bond’ involves financial institutions providing fishing companies with an upfront investment to fund a temporary reduction in fishing pressure. Once fish populations recover, companies repay investors through a levy on the catch.