The fast fashion giant’s recent efforts to boost its green credentials, including in making new sustainability hires, could be linked to its ambitions to go public, say experts.
The chief investment officer for AIA says there is "no U-turn" among corporates invested for the long term, even as political regimes change. Meanwhile, China officials say the world's biggest polluter will be "consistent" in its climate action.
The draft of its new Corporate Net-Zero Standard proposed the separation of Scope 1 and 2 reporting and expects companies to commit to using cleaner energy by 2040. It also addressed the use of carbon credits to address residual emissions.