The IPCC Sixth Synthesis Report underscores the urgency of taking more ambitious action and shows that, if we act now, we can still secure a liveable sustainable future for all. It demonstrates a clear recognition of the interconnection between nature and climate. A number of intertwined factors need to be addressed by policymakers alongside climate change. This includes nature and its ecosystems.

Decarbonisation is a business imperative for companies looking to remain competitive in the long term. As such, organisations must develop a clear understanding of their current carbon footprint and devise strategies for reducing and ultimately eliminating their emissions. According to the Science Based Targets initiative (SBTi) this ‘climate transition process’ has set over 1,600 companies on a 30-year journey to Net Zero. Planet Tracker, has developed a disclosure assessment template which can be used by investors and lenders to determine the credibility of a company’s climate transition plan.

The United Nations (UN) 2023 Water Conference in New York from 22 to 24 March 2023 will be the first UN Conference to focus strictly on water since 1977. It builds on the momentum generated by frameworks such as the Paris Agreement and the Global Biodiversity Framework. Commonly traded food products consume vastly different amounts of water. This blog examines how much water major food products require and exposes this hidden trade network. For example, cocoa beans consume 100 times as much total water as sugar crops. Beef, the most water-intensive animal derived product, consumes about 3 to 4 times more than chicken or pork.

Perhaps the most discussed fashion event of the year will be the Oscars – the Academy Awards – red carpet parade on 12 March 2023, with live streamed blogs of the fashion choices on show and much discussion in subsequent press coverage.

But one of the biggest challenges facing the fashion industry in its move towards greater sustainability is changing the way we consume fashion and a red carpet outfit is often the antithesis of a sustainable fashion choice.

PepsiCo’s transition plan fails to align the company with its goal of a 1.5°C pathway by 2030

PepsiCo could be exposed to USD 4.4 billion of climate related risk per year, by the end of the decade , on its current emissions trajectory. The food and beverage giant fails to disclose the material financial impact associated with potential Carbon Pricing Mechanisms (CPMs) linked to its Scope 3 emissions, despite these accounting for more than 90% of the company’s overall emissions by 2030.

A number of the short-term risks identified in the World Economic Forum’s Global Risks Report 2023 include climate change threats such as a failure to mitigate climate change (ranked 4th) and a failure of climate change adaptation (ranked 7th). The omission of biodiversity loss from this list implies a lack of understanding of the interdependence of climate and nature and an absence of urgency – or Biocrastination..

Although biodiversity loss has begun to capture international attention, there is an apparent absence of urgency.

In the Planet Tracker Valuing the Food system dashboard, the user is able to adjust various valuation variables. We provide two main valuation approaches: Scenario 1 (S1) based on the number of businesses and Scenario 2 (S2) based on the protein price (both discussed in more detail in ‘How much is your food worth?‘).

Deforestation regulation in the EU is likely to be adopted in the next 12 months requiring EU importers to confirm that cattle, cocoa, coffee, oil palm, rubber, soya, wood and derived products are deforestation-free. This Regulation asks a major question of importing corporates as to whether they have traceability within their supply chains and has the potential to disrupt corporates which do not have traceability and responsible sourcing embedded within their supply chain.