Sustainability Weekly 9-13 March 2026

Last week, we published three flash notes: one following the Repsol CMD, at which we upgraded our ESG rating to Best-in-Class (from Neutral). Another following Renault's CMD, with the presentation of Renault's new strategic plan, "futuREady." We also revisited the main challenges of the 2026 AGM season. Sustainability Reporting Navigator identified clear consolidation trends in second-year CSRD reports. In a controversy, CGS reportedly failed to inform its investors before its IPO that one of its subsidiaries had been suspended by NATO following corruption investigations. TotalEnergies published an independent assessment of the Tilenga project. On the environmental front, an EU advisory committee warned of the insufficient transition of the agri-food system and its vulnerability to climate risks. Politico reported that the industry petition against the EU Emissions Trading System (ETS), published at the European Industry Summit in Antwerp, was misleading regarding the signatories of the declaration. On the social side, Volkswagen plans to cut 50,000 jobs by 2030 as part of a restructuring plan. Anthropic has conceptualized a new metric to track the risk of job losses due to AI. In governance, potential legal action is reportedly being considered after BP omitted the Follow This climate resolution.