The Latest
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BlackRock, Vanguard, State Street seek dismissal of red states’ coal antitrust suit
The asset managers said the Republican-led states offered “no plausible facts” to support the claim that the three firms conspired to collectively cut coal production in the U.S.
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CARB asked to implement California’s climate disclosure laws, align with global standards
Ceres asked the California Air Resources Board to support climate laws to “help deliver standardized, high-quality disclosures of companies’ climate related financial risks.”
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EPA yanks air quality permit for 1.5-GW Atlantic Shores offshore wind project
EPA Region 2 requested the permit remand as part of President Trump’s mandated review of offshore wind projects, the agency said.
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SBTi releases draft of updated corporate net-zero standard
The Science Based Targets initiative said this “Version 2” of the standard focuses on companies going “from ambition to progress.”
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Ben & Jerry’s says CEO fired by Unilever over social activism
The ice cream maker alleged the consumer goods giant has “repeatedly threatened” its personnel if they failed to “silence” their outspokenness.
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EEOC acting chair says agency will investigate big law firms’ DEI programs
Former EEOC commissioners said Andrea Lucas’ letters probing firms “imply a duty to respond without any basis in the laws that EEOC enforces.”
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Amid shifting views on ESG, investors retain climate focus: Berkeley Climate Summit
Anti-ESG backlash, reporting hurdles and regulatory uncertainty have put sustainability at a crossroads, panelists said.
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30 businesses launch initiative to scale carbon markets, harmonize carbon credit data
The Carbon Data Open Protocol is backed by a group of corporations, nonprofits and public sector organizations and aims to “dramatically scale” the markets.
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Amazon to expand its use of in-house AI tools to conserve water, reduce energy use
The tools have helped identify underground water leaks, faulty energy meters and malfunctioning refrigeration equipment at its facilities, the company says.
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"U.S. Securities and Exchange Commission headquarters in Washington, D.C., near Union Station" by AgnosticPreachersKid is licensed under CC BY 3.0
SEC pushes back Names Rule compliance dates
Funds will now have an additional six months to comply with the rule requiring funds’ investment strategies to align with any advertised purposes, like ESG or sustainability.
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Opinion
Sustainability as strategy: Why smart companies keep ESG policies despite political headwinds
ESG integration delivers operational benefits that transcend political viewpoints, says Aquent Sustainable Solutions Vice President Jody Mousseau.
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IRA credits and energy demand continue to drive renewables investments
Despite the Trump administration’s focus on fossil fuels and opposition to the IRA, analysts anticipate the renewables market will continue benefiting from high energy demand.
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EU sustainability, supply chain simplification efforts face ‘split’ parliament, experts say
Efforts to simplify compliance “shouldn't compromise the protection of the people and the planet,” a policy adviser to a member of the European Parliament said at a conference.
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Women unlikely to reach parity with men for 134 years: JPMorgan
In C-suites worldwide, women are far from attaining equal status, holding only about 10% of the most powerful roles such as CEO and CFO.
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Deere shareholders vote down anti-DEI proposal
The move comes months after the tractor giant rolled back its support for “social or cultural awareness events” in July.
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US banks turn to SEC to dodge climate, social shareholder proposals
The agency has largely denied the requests, ruling that banks must put the requests to disclose its clean energy financing ratios and indigenous rights practices to a vote.
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Lego ramps up sustainable investments, nearly tripling green spending over 2 years
The Denmark-based toy manufacturer said its green investments last year were nearly three times what it spent on the sector in 2022.
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EPA aims to roll back power sector regulations in broad deregulatory push
It would likely take several years — potentially into the next presidency — to revise at least some of the targeted regulations, according to analysts.
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Amazon, Google, Meta join pledge to help triple global nuclear capacity
“This is not the end; it is just the beginning,” the World Nuclear Association’s director general said of the 14 companies who committed to help expand nuclear capacity by 2050.
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EPA revisiting dozens of climate, environment rules in ‘day of deregulation’
The agency said it would roll back a range of rules and programs, including some that are foundational to its efforts to address climate change. A new “waters of the U.S.” definition is expected, as well as rollbacks to an emissions reporting program.
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Walmart says it’s unlikely to meet 2025 plastic, recycling targets
The largest U.S. retailer discussed challenges to increasing post-consumer recycled content adoption. More than two-thirds of its global private-brand packaging was recyclable, reusable or industrially compostable in 2023, according to a company update.
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COP30 president calls for ‘ambitious climate action,’ unveils initial vision for summit
Brazil’s André Corrêa do Lago called on governments to move from negotiation to implementation and increase their ambition when drawing up national emissions reduction plans.
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Supreme Court won’t hear lawsuit on Democrat-led states’ climate litigation
The court declined to take up a suit that pitted 19 Republican-led states against five Democratic-led states that are pursuing lawsuits against major oil companies.
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Climate United Fund sues EPA, Citibank over frozen $7B
The lawsuit asks the U.S. District Court for the District of Columbia to order the funds be unfrozen and disbursed.
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US denounces UN’s sustainable development goals, quits climate damage fund
The U.S. voted against resolutions that promoted climate action and gender equality and withdrew from the United Nations’ Loss and Damage fund, all within a day.