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Federal prosecutors subpoena banks over alleged closure of accounts

In this week’s edition of Economy and Society:

Ballotpedia · Jun 17

NZ Post is the latest company to drop its climate targets – another sign business is struggling to decarbonise

NZ Post committed to cutting its emissions by 32% by 2030 (based on 2018 levels), but recently announced it would abandon its climate target.

The Conversation · Jul 9, 2025

Jeff Bezos' £8B Fund Cuts Funding to Climate Group As Amazon Secures £670K Military Contract In Britain

Jeff Bezos' Earth Fund halted funding for the Science Based Targets Initiative (SBTi), while Amazon secured a consultancy deal with the UK Ministry of Defence to lead a study on advanced space-based communications systems.

International Business Times UK · Feb 10, 2025

The Bezos Earth fund has pumped billions into climate and nature projects. So why are experts uneasy?

Jeff Bezos’s $10bn climate and biodiversity fund has garnered glittering prizes, but concerns have been voiced over the influence it can buy – and its interest in carbon offsets

The Guardian - UK · May 20, 2024

What are carbon credits and how much are they?

Businesses receive a fixed amount of credits, which decrease with time, and they are able to sell any extra to another business

Evening Standard · Apr 22, 2024

Climate target organisation faces staff revolt over carbon-offsetting plan

Employees at SBTi have called for their CEO to resign over controversial plans which they fear will enable greenwashing

The Guardian - UK · Apr 11, 2024

Corporate Climate Pledge Weakened By Carbon Offsets Move

The world's main benchmark for vetting corporate climate action has been accused by its own staff of "greenwashing" after allowing businesses to use carbon credits to offset pollution from their value chains.

International Business Times · Apr 11, 2024

Most sponsors of Cop28 have not signed up to UN-backed net zero targets

Firms including Bank of America have made no commitment to cut emissions in line with target system, analysis finds

The Guardian - UK · Nov 29, 2023

Burberry awarded rare recognition for its net-zero emissions targets

The luxury brand is the first to receive approval by the SBTi.

Input · Aug 11, 2022