SustainCase newsletter – wk46, November 2025
More than 20 Airlines to Change Environmental Claims After Greenwashing Investigation
The European Commission announced an agreement with over 20 airlines including Air France, Lufthansa and KLM, with commitments from the companies to stop using environmental claims considered by the EU’s national consumer authorities to be misleading, including claims that the CO2 emissions from flying could be offset by paying additional fees to support climate projects or the use of sustainable aviation fuel (SAF).
EU Climate Ministers Approve 2040 Target of 90% Emissions Cut
After marathon overnight talks, European Union environment ministers reached an agreement to reduce greenhouse gas emissions by 90% by 2040, compared to 1990 levels. The deal represents a crucial waypoint between the EU’s existing 2030 target of a 55% cut and its legally binding goal of net-zero emissions by 2050.
Case study: How Desjardins takes action on its PRB targets: climate stability and housing
November 11, 2025 – Desjardins Group is the leading cooperative financial institution in North America. Desjardins provides a comprehensive suite of financial services to its 7.8 million members and clients across Canada, including Personal and Business Services, Wealth Management, Life and Health Insurance, as well as Property and Casualty Insurance, all tailored to suit their individual needs. Desjardins is a signatory of the Principles for Responsible Banking (PRB) and has, accordingly, set and published two targets which address two different areas of most significant impact that Desjardins identified in its impact analysis. Read more.
Case study: How Norion Bank takes action on its PRB targets: climate change mitigation and financial inclusion and health
November 6, 2025 – Norion Bank focuses on delivering financial solutions to both corporate clients and individuals, with a special emphasis on supporting small and medium-sized enterprises (SMEs). Its corporate services encompass real estate financing, business loans, factoring, and payment solutions. For private individuals, the bank offers personal loans, invoice and instalment payment services, credit cards, and savings accounts. The majority of Norion Bank’s customers are corporate clients, complemented by approximately 52,000 private customers. Norion Bank is a signatory of the Principles for Responsible Banking (PRB) and has, accordingly, set and published two targets which address two different areas of most significant impact that Norion Bank identified in its impact analysis. Read more.
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