The REP Wrap: Danfoss cut emissions by 33% last year
Your weekly summary of corporate sustainability news.
Danfoss says it cut its own emissions by 33% in 2025. The engineering firm published its latest climate transition plan this week, revealing it’s already achieved its target of reducing Scope 1 and 2 emissions by 46.2% by 2030. The report discusses the strategy for further decarbonisation.
Amazon, Google, Meta and Microsoft have all joined a new Data Centre Innovation Initiative to deploy capital into new solutions to bring down the emissions and environmental footprint of data centres. Coordinated by a non-profit investor called Elemental Impact, and backed by philanthropic money, the project will share its findings with “additional corporate and environmental organisations”.
The European Commission has updated its Q&A guidance for the EU Carbon Border Adjustment Mechanism (CBAM), in a bid to provide more clarity to importers ahead of its implementation.
Meanwhile, the European Securities and Markets Authority has published a Q&A on the EU’s ESG Ratings Regulation.
The Securities and Exchange Commission has moved to officially rescind its climate-risk disclosure regulation. Adopted in 2024, under the regulator’s prior leadership, the rules would have required major companies to report their exposure to climate risk, but they’ve been mired in legal challenges since the start. On Friday, the SEC described the rules as “a dramatic overreach” of its authority, but said that – even if it was authorised to introduce them – there were “compelling” reasons not to.
The debate over nature credits has continued to rage this week, with a white paper claiming biodiversity credits will become a ‘premium’ offering on the voluntary carbon markets, because of their dual-benefits, and an academic note critiquing arguments in favour of biodiversity offsets. Last week, MSCI revealed that $22bn had been spent or committed to the carbon markets by the end of 2025. That’s 72% more than 2024, and 500% more than 2021.