Planet Tracker

📢 70 international financial institutions representing assets worth USD 6.8 trillion are calling on petrochemical companies to address plastic pollution issues. Petrochemical companies are a major contributor to plastic production, which is forecast to triple by 2060, meaning petrochemical companies will become the primary driver of oil demand growth. As the plastic pollution crisis mounts and demands for a Global Plastics Treaty grow, petrochemical companies have stalled progress in negotiations by: 1.    Resisting calls to include the full life cycle of plastics 2.    Opposing the reduction of plastic production 3.    Opposing the inclusion of polymer production in the treaty Petrochemical companies are exposed to significant plastics-related risks, which are financially material for corporates and their investors. Therefore, the collective Investor Statement requests petrochemical companies to: ➡ Disclose and define strategies ➡ Address toxic polymers and chemicals ➡ Develop sustainable infrastructure ➡ Establish governance ➡ Support international agreements Read the Investor Statement here: 👉 https://lnkd.in/dUrhB9fB #BeatPlasticPollution #GlobalPlasticsTreaty #PlasticPollution #Petrochemicals #ToxicChemicals #FossilFuels #INC4 #PlasticRisk #UpstreamSolutions #ClimateChange #Stewardship #ResponsibleInvestors 

Planet Tracker’s latest report highlights significant shortcomings in how food companies report on the environmental and financial risks associated with fertiliser misuse. The analysis of 45 of the world’s largest food companies, worth a combined USD 2.6 trillion, reveals:   ➡️ One-third of companies fail to disclose fertiliser-related risks entirely  ➡️ Many companies offer only superficial disclosures, with little evidence of thorough evaluations of fertiliser misuse impacts. Fertiliser misuse, including overuse, is a major driver of environmental damage, causing water pollution, destroying aquatic ecosystems and contributing to climate change through nitrous oxide emissions.      Planet Tracker calls on financial institutions to demand comprehensive fertiliser risk disclosures across food company supply chains. Learn more in our latest report ‘Food Giants and Fertiliser Risk’ (https://lnkd.in/e7XrxzXN). #FoodSystem #Agriculure #Sustainability #FoodIndustry #Fertiliser #Nitrogen  

What can financial institutions do to protect themselves from the environmental and financial risks of deep sea mining? 1️⃣ Join the global moratorium on deep sea mining alongside leading banks, investors, businesses, governments, and scientists (https://lnkd.in/epQ3nueN). 2️⃣ Develop a publicly disclosed policy committing not to invest in or finance companies or projects involved in deep sea mining. This could mean adding to existing policies on mining and extractive sectors. 3️⃣ Engage with sectors that could use deep sea minerals like solar and wind power, electric vehicles, consumer electronics and steel. Learn more in our report, ‘Deep Sea Mining: A Policy Guide for Financial Institutions (https://lnkd.in/eFWAZ2-6). #DeepSeaMining #Moratorium #SustainableFinance #ResponsibleInvestment #ClimateAction #ESG #Oceans Deep Sea Conservation Coalition International Seabed Authority

2025: A Pivotal Year for Climate and Nature Action As we look ahead for this year, the geo-political headwinds for international climate and nature policy are all too clear. Strong and urgent action is essential if we are to arrest the triple planetary crisis. Topline Messages: ➡️ COP30 could make or break the credibility of UN-backed collective action on climate and nature.  ➡️ The new round of NDCs will be pivotal to the direction and speed of travel.  ➡️ Some policy pillars, like investor coalitions, need to stay in place.  ➡️ There are opportunities in strengthening climate and nature synergies to address the triple planetary crisis  ➡️ Those who wish to drive change should understand and engage through the lens of the US/China/EU triangle and the rise of BRICS and the Global South. For an in-depth analysis of these issues, read our latest blog, co-authored with Carbon Tracker, ‘Climate and Nature. What does 2025 hold?’ (https://lnkd.in/evXwAseP). #ClimateAction #ClimateNatureNexus #COP30 #NatureConservation #Sustainability #ClimateFinance #Geopolitics Tracker Group

This week, we had the pleasure of officially welcoming our new CEO, Christine Chow, PhD, to the office! To kick off this exciting new chapter, we held our first all-staff meeting. It was an inspiring session filled with fresh insights and an open exchange of ideas about our vision for the future. We explored a future-back approach to strategy development, the core values that will shape our culture and the importance of psychological safety.   One highlight was a live poll from our colleagues on their own assessment of organisational effectiveness, which shed light on how to drive growth and innovation. We share a snapshot of this exercise below and encourage you to try it too!   Christine's leadership brings energy, transparency and renewed commitment to our mission of driving positive impact through Carbon Tracker and Planet Tracker. Here’s to new beginnings and a sustainable future! #Leadership #Sustainability #NewBeginnings #TrackerGroup #Growth #CEOAnnouncement Credit: We used Mentimeter for the live poll and sourced content of the exercise from BEabove Leadership.

We are delighted to announce the appointment of Christine Chow, PhD as the inaugural CEO of the Tracker Group, home to Carbon Tracker and Planet Tracker.    With her extensive finance experience and a specific focus on sustainable and impact investing, Christine is well-placed to deliver on our mission; to catalyse systemic change, reallocate capital, and drive the world towards a resilient, net zero, and nature-positive future.   Join us in welcoming Christine as she takes the helm to guide the next chapter of our award-winning work.   To read more, please view the press release here: https://lnkd.in/eybnjZJ7   #Leadership #Sustainability #NetZero #ImpactInvesting #ClimateAction #NaturePositive #CarbonTracker #PlanetTracker #TrackerGroup #NewCEO #ChristineChow

Planet Tracker is looking forward to Net Zero Investor’s Defined Contribution Forum, a deep-dive into everything from greener defaults to the evolving role of the defined contributions investor as an active owner and steward, as well as a look at the green investment trends that hold most promise for the defined contributions space. Key topics include: ➡️ The policy environment for net zero investments in the UK. ➡️ The shape of stewardship to come. ➡️ The next generation of index-linked net zero strategies. ➡️ How the defined contributions market can access climate tech. 📆 30th January 2025 📍 Stationers’ Hall, London Register here: https://lnkd.in/eQnm8nQ7 View the agenda: https://lnkd.in/eMhKx8Fi

What will it take to reach a meaningful Global Plastics Treaty? And in the meantime, how can industry leaders drive progress toward sustainable solutions? Last week, Planet Tracker’s senior analyst Richard Wielechowski joined Jodie Roussell, global public affairs lead, packaging & sustainability at Nestlé and Ian Welsh, Innovation Forum’s publishing director, to discuss the outcomes of INC-5 and outline a roadmap towards INC-5.2. Learn more about how these questions were unpacked:   ➡️ Watch the video recording: https://lnkd.in/dkR_tYuu ➡️ Listen to the audio version: https://lnkd.in/dNhYHHKq #GlobalPlasticsTreaty #INC5 #FullLifeCycle #BeatPlasticPollution #PlasticPollution

🚨 Planet Tracker identifies critical gaps in BASF’s climate transition strategy. Whilst BASF is on track for a 2°C pathway by 2030, significant challenges remain to achieve the more ambitious 1.5°C target. Key findings: ➡️ Between 2019 and 2023, BASF cut GHG emissions by 14%, with a further 22% decline projected by 2030. However, reductions may be temporary, with emissions from the Verbund site in China potentially offsetting progress. ➡️ Governance remains a challenge: BASF lacks a dedicated sustainability committee and detailed reporting on emissions reductions. ➡️ BASF identifies climate risks, but lacks transparency on non-German climate impacts and emissions abatement from energy and renewable projects. ➡️ Investments in new technology often fail to align with EU Taxonomy criteria. Delayed electrification also raises concerns about long-term alignment with climate targets. ➡️ A post-2030 roadmap is missing, leaving uncertainty around BASF’s ability to align with a 1.5°C pathway. To align with 1.5°C, BASF must: 1️⃣ Report emissions mitigated per project financed. 2️⃣ Establish a dedicated sustainability committee for stronger oversight. 3️⃣ Improve disclosures on value chain emissions and the impact of new facilities. Read the full analysis here 👉 https://lnkd.in/e8kB_Ary #ClimateTransition #Sustainability #NetZero #GHGEmissions #ESG #ClimateAlignment

🌎 As 2024 comes to a close, we want to thank you for supporting Planet Tracker’s work. To help us reflect and plan for the year ahead, we’d appreciate it if you could take a few minutes to complete our End-of-Year Feedback Survey. It’s a quick way to share your feedback and comments and will directly inform our priorities for 2025. 📋 Take the Survey: https://lnkd.in/eE3bMafS The survey will be open until Monday 30th December, and it only takes about 5 minutes to complete. Thank you for your time and we wish you a Happy New Year!