Investors Urge Mandatory Scope 3 Emission Disclosures Amid Climate Concerns

In a significant move towards greater corporate accountability regarding climate impacts, a coalition of investors representing a staggering $9.5 trillion in assets has called for mandatory disclosures of Scope 3 emissions. This initiative highlights the growing recognition that the most substantial climate-related risks often lie not just in companies' direct operations but also in their supply chains and product usage.

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Shell Triumphs in Dutch Court Over Emissions Ruling, Altering Climate Accountability Landscape

In a significant legal victory for Shell, a Dutch court has overturned a prior ruling that mandated the oil giant to accelerate its decarbonization efforts. This landmark decision, rendered on November 12, 2024, marks a pivotal shift in the accountability of fossil fuel companies regarding carbon emissions, reshaping expectations for corporate environmental responsibility.

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