Listen to Peter Elwin, Planet Tracker’s Director of Fixed Income and Head of Food & Land Use speaking on ‘Technology and Innovation for a Sustainable Future: How we can transform our food and agricultural sectors’ on 1st May at Innovation Zero 2024, the UK’s largest net-zero congress.

Unilever recently revised its ESG targets. Of its original 27 goals, at first glance it looks as though 10 were dropped. But closer scrutiny reveals some objectives are new and others have become divisional. In this paper, Planet Tracker explains why this is not a cause for despondency and demonstrates that if a corporate’s sustainability goals are adjusted, they should be scrutinised and judged on their own merits.

In late April 2024, Unilever (ULVR) adjusted its corporate sustainability goals. This change generated significant interest and commentary. The Planet Tracker dashboard analyses the changes announced by the management team in detail.

Our Head of Engagement, Nicole Kozlowski, joined Carbon Tracker and Mercer in the Asset TV studio to kick off the @GEFI Insights Series 2024 by exploring the climate-nature nexus.

The Global Ethical Finance Initiative (GEFI) are working with Planet Tracker (Lead Knowledge Partner – Nature Finance) and Carbon Tracker (Lead Knowledge Partner – Climate Finance) on the GEFI Insights Series. The Series aims to educate and inspire financial institutions and practitioners to align their strategies with climate and nature goals within the context of COPs 16 (biodiversity) and 29 (climate). This blog explores what is needed to manage the challenges of climate change mitigation and adaptation, and of the energy transition, following the widely accepted acknowledgement that COP28 in Dubai and the Global Stocktake did nowhere near enough on finance – and in particular on the needs of emerging and developing economies.

What are the key takeaways for financial institutions from the fourth negotiating round of the global plastic treaty? There are five key considerations: the scope of the treaty remains contentious; chemicals of concern will be discussed in the intersessional meetings; plastic production limits will not be discussed until late November; industry wants to avoid a producer pays approach to financing the plastic pollution clean-up; a record turnout of attendees.

Petrochemical companies are a major contributor to plastic production, increasing the threat of plastic pollution, climate change, biodiversity loss and human health impacts.

The chemical industry, generating USD 5.7 trillion in annual revenues (2022) and directly employing over 15 million people, plays a pivotal role in the global economy. Its products are integral to various sectors, making chemical components essential for 96% of all manufactured goods.

Planet Tracker’s report, Tomorrow’s Chemistry, presents a comparative analysis of the Climate Transition Assessments (CTAs) of seven leading chemical companies, Air Liquide (AI), BASF (BAS), Bayer (BAY), Dow (DOW), Incitec Pivot (IPL), LyondellBasell (LYB), and Toray Industries (3402), shedding light on their commitments, strategies and readiness to align with the Paris Agreement and achieve Net Zero emissions by 2050.

Ahead of Earth Day on April 22, S&P Global explores how plastic impacts human health and the environment, how companies and investors are approaching the topic, and what to expect from international plastic treaty negotiations starting April 23.