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The UK imports over 3 million metric tons of soy annually, primarily from Argentina, Brazil, and the US, with 90% used as livestock feed. The poultry sector is identified as the most vulnerable to supply or price shocks due to its high dependency on soy. The primary risk is deforestation and associated Scope 3 emissions. Recommendations include industry collaboration via the UK Soy Manifesto, aligned due diligence legislation, and long-term contracts for sustainable soy.

The Net Zero Stocktake 2022 finds that while net zero target setting has expanded significantly—particularly among national governments and large companies—there is an 'alarming lack of credibility' across the landscape. Fewer than one-fifth of national and sub-national targets meet minimum procedural robustness standards, and 65% of corporate targets similarly fail these standards. The report highlights a widespread lack of transparency regarding the use of external offset credits and a deficiency in covering Scope 3 emissions among companies.

The Net Zero Stocktake 2022 finds that while net zero target setting is becoming nearly universal at the national level and increasing among corporations and cities, a significant lack of credibility and robustness persists. Fewer than one-fifth of national and sub-national targets meet minimum procedural standards, and 65% of corporate targets fail these same standards. The report highlights a widespread lack of transparency regarding the use of external offset credits and a deficiency in Scope 3 emissions coverage among companies.

Reclaim Finance analyzes the voting results of TotalEnergies' 2022 general meeting, highlighting that 89% of shareholders supported a climate plan the organization deems incompatible with climate urgency. The statement specifically condemns investors like BlackRock and Allianz Global Investors for supporting the plan despite their own public climate commitments, while noting a slight decrease in support for board directors and the emergence of a minority group of climate-engaged shareholders.

The document argues that the proposed CSDD is insufficient to meet EU Green Deal ambitions because it uses a restrictive definition of 'adverse environmental impact' based on a limited list of international conventions, omitting key agreements like the Paris Agreement. It highlights that the current framework allows companies to ignore impacts on water, soil, and plastic pollution if no specific international prohibition is violated. Furthermore, the briefing criticises the proposed climate transition plans for lacking prescriptive content and failing to mandate the inclusion of Scope 3 emissions, which often constitute the majority of a company's climate footprint.

The report finds that while net zero commitments from private financial institutions have grown substantially, representing 32% of global private financial assets, there are significant gaps in the credibility and coverage of interim targets. Most commitments originate from OECD countries, and there is a notable lack of detailed climate data and commitments in developing economies, particularly in Asia. The analysis highlights that only a small fraction of institutions have externally verified plans, and many interim targets cover only a portion of their total assets under management.

The report finds that neither the scale of capital investment nor access to financing are primary obstacles to Sweden's green industrial transition. Instead, the most critical barriers are the lack of market demand for more expensive green products, insufficient infrastructure (particularly renewable electricity), and slow permitting processes. The authors recommend that policymakers focus on market formation through carbon pricing and the EU's Carbon Border Adjustment Mechanism (CBAM), while continuing direct support for R&D and demonstration projects through programs like Industriklivet.

The report analyzes BP's decarbonization targets and investment strategies, claiming they are insufficient to meet 1.5°C goals. It highlights that BP's scope 3 emission targets cover only a fraction of total emissions and that the company continues to invest in new oil and gas fields, including unconventional sources. The author recommends that shareholders vote against BP's advisory 'Say on Climate' vote, support a shareholder resolution for Paris-aligned targets, and vote against the reelection of the Board of Directors.

Reclaim Finance asserts that Repsol's climate targets are inadequate, noting the company will overshoot its carbon budget by 78.7% by 2050. The statement highlights that Repsol plans to maintain oil and gas production at approximately 650 kboe/day through 2025 and allocate over 65% of CAPEX to fossil fuels, including high-risk projects in the Arctic and fracking. Despite goals for 20 GW of renewable capacity by 2030, the author argues this does not offset the lack of absolute emission reductions. Consequently, the document recommends shareholders vote against the 'Say on Climate' advisory vote and the reappointment of four directors responsible for fossil expansion.

Reclaim Finance asserts that Equinor's climate plan is insufficient to meet 1.5°C targets, noting that the company will exceed its carbon budget by 2037. The statement criticizes Equinor for continuing to develop new fossil fuel resources, including unconventional and Arctic projects, and for relying on unproven CCUS scalability. It recommends that shareholders reject the company's transition plan and support resolutions calling for absolute GHG reduction targets and a cessation of exploration.

The report challenges the "carbon neutral" claim of the 2022 FIFA World Cup in Qatar, finding that the estimated 3.6MtCO2e footprint likely underestimates actual emissions due to flawed accounting of stadium construction. It further argues that the carbon credits provided by the Global Carbon Council lack integrity due to non-additionality and that the event's mitigation measures, such as a desert turf farm, are not durable.

The briefing concludes that ENI is not on track for the 1.5°C climate goal, as its cumulative greenhouse gas emissions are projected to exceed its allocated carbon budget by at least 13.6% by 2050. The analysis finds that ENI's short-to-medium term plans are incompatible with 1.5°C because the company continues to invest in oil and gas expansion, with production expected to grow until 2025. Furthermore, the report argues that ENI relies unsustainably on carbon offsets and Carbon Capture Use and Storage (CCUS) to meet its targets, while its capital expenditure remains heavily focused on fossil fuels despite claims of diversification.

The briefing concludes that Shell's strategy is not on track to meet the 1.5°C climate goal, predicting the company will exceed its allocated carbon budget by 2034. Despite a net-zero ambition for 2050, the analysis finds that Shell's short-term plans rely on unrealistic offsets and continued investment in oil and gas expansion. The report highlights that Shell remains a top global hydrocarbon developer, with approximately 90% of its 2022 CAPEX allocated to fossil fuels, which contradicts the deep emission cuts required for 1.5°C alignment.

Reclaim Finance criticizes AXA and AXA IM for maintaining financial support for new fossil fuel projects despite their public commitment to a 1.5°C trajectory. The statement highlights that AXA continues to provide insurance for new oil and gas projects and that AXA IM has historically voted in favor of insufficient climate plans from oil majors like TotalEnergies, Shell, and BP.

The letter asserts that GFANZ is acting as a "smokescreen" for the financial sector's lack of progress on decarbonization. It highlights a gap between GFANZ's goal of halving emissions by 2030 and the reality that many members continue to fund new coal, oil, and gas projects. The authors demand that GFANZ implement interim milestones, absolute emission targets, mandatory Scope 3 targets for fossil fuel companies, and a ban on using offsets to meet 2030 targets.

The report examines how COP26 outcomes, such as pledges to end deforestation and phase out fossil fuel vehicles, drive demand for critical minerals in Africa. It emphasizes that while the energy transition offers economic opportunities, mining companies must adopt ESG frameworks and UN Sustainable Development Goals to ensure a 'just decarbonisation process' and avoid community conflict. The document highlights the challenge of scope 3 emissions and recommends that African governments create incentive platforms for decarbonisation.

The report outlines critical research needs across natural sciences, social sciences, and legal analysis to support climate litigation. Key gaps include the need for localized attribution science, investigations into corporate disinformation and internal knowledge (including non-fossil fuel industries), and the quantification of economic damages. It also emphasizes the necessity of 'translational work' to bridge the communication gap between scientists, legal practitioners, and judges, particularly regarding legally relevant timeframes and standards of evidence.

The document argues that TotalEnergies' 2022 climate plan is incomplete and incompatible with a 1.5°C pathway, citing a lack of short-term absolute Scope 3 targets and continued investment in oil and gas expansion. It recommends that investors vote against the management-sponsored 'Say on Climate' resolution and oppose the reappointment of specific Directors to signal disapproval of the company's fossil fuel strategy. The briefing also highlights legal and reputational risks associated with the EACOP project in East Africa, greenwashing lawsuits, and the company's continued assets in Russia.

The 2022 scorecard by Reclaim Finance finds that 30 of the world's largest asset managers hold US$ 550bn in major fossil fuel developers and generally fail to restrict investments in new coal, oil, and gas projects. Despite many pledging carbon neutrality by 2050, the report argues their engagement policies are 'toothless,' lacking clear demands for absolute emission reductions or the cessation of new supply projects. Passive investment is highlighted as a significant loophole, with most managers failing to apply exclusion rules to their passive portfolios.

Global Shipping Watch is a data platform that matches cargo records with vessel movements from the Automatic Information System (AIS) to attribute maritime emissions to specific companies, products, and countries. By addressing the previous inability to associate emissions with individual cargo owners, the tool aims to improve scope 3 carbon reporting and life-cycle analyses. The initial 2019 data release covers US imports and exports, as well as exports from Brazil, Chile, Peru, and Indonesia.