The Latest
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Sustainability profession at ‘crossroads’ amid regulation, compliance headwinds: Trellis
Compliance is becoming a bigger part of a sustainability executive’s role, coupled with greater oversight from legal and CFO teams, according to the research firm.
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Opinion
How AI is shaping the future of sustainability
The rapid evolution of artificial intelligence is redefining how industries operate, and its influence on sustainability is no exception, according to PwC’s ESG principal.
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Qcells finalizes $1.5B DOE loan guarantee for Georgia solar plant
The plant began some production this spring, with plans to start full operations next year.
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Walmart to miss 2025, 2030 emissions reduction targets
The retail giant said it will miss its goals to reduce operational emissions because of challenges with energy policy and infrastructure, as well as technology availability.
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EPA grants California waivers for truck, car emissions rules
Opponents to the rules expect the waivers will be short lived with a change in administration coming in January.
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Nostromo Energy receives $305M conditional commitment from DOE for thermal energy storage system
If finalized, the loan will support up to 193 IceBrick installations in commercial buildings across California, scaling the ice-based system’s integration with virtual power plants, the company says.
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White House targets 61-66% GHG reductions by 2035
“Broad participation in the development, implementation, and evaluation of emissions reduction measures will play an important role in reaching the target,” the White House said.
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Opinion
People are as important as technology for reliable ESG data collection
Driven by various regulatory frameworks, companies of all sizes may need to retool their approaches to data collection to meet compliance timelines in the most effective ways possible.
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Stellantis, Zeta Energy ink deal to develop lithium-sulfur EV batteries
Zeta Energy's lithium-sulfur batteries do not require critical raw materials, such as cobalt, nickel manganese or graphite.
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PG&E gets $15B from DOE’s loan office for hydropower, battery buildout
The gas and electric utility company expects the deal to close before President-elect Donald Trump takes office in January.
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MN8 Energy inks record 50 MW virtual PPA with Cambridge, Massachusetts
It’s the largest virtual power purchase agreement by a U.S. city and the first time a city will use one to offset residential carbon emissions, according to deal broker Sustainability Roundtable.
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Vanguard Renewables names new CEO as owner BlackRock looks for growth
The anaerobic digestion company’s former CEO, who held the role since before Vanguard was purchased by a division of BlackRock Real Assets, has departed, the company confirmed.
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More than 70 investors have left Climate Action 100+ since GOP probe: House Judiciary
The disclosure was made in an interim report that alleges climate coalitions developed a playbook to push “disfavored” companies towards net-zero.
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SAP adds carbon-tracking solution to its cloud-based resource planning toolkit
The Green Ledger tool tracks and accounts for emissions across business units, the technology company said Monday.
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DOL kills apprenticeship rule aimed to increase DEI, raise labor standards
Lawmakers and business groups objected to the burden the rule might place on small businesses and expressed concerns regarding its diversity proposals.
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Where Climate Action 100+ stands after member exodus, GOP probes
The investor-led group has lost out on a few notable members this year amid heightened scrutiny surrounding ESG and climate initiatives.
Updated Dec. 17, 2024 -
Texas AG sues 3M, DuPont over PFAS-linked products
Texas Attorney General Ken Paxton alleged that the companies marketed products containing the forever chemicals as safe, despite knowing of potential harms for over 50 years.
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Supply chains of over 100 fashion brands linked to oil, gas fracking in Texas
Stand.earth identified 107 fashion companies — including H&M, Puma and Adidas — that use textile materials generated by petrochemicals linked to the Permian Basin in a new report.
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Opinion
The EV transition is taking time. That’s expected.
If all new car sales right now were EVs — a target for more than a dozen states by 2035 — it would still take at least a decade and likely far longer to fully transition to electric vehicles.
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E+S proposals grew over decade alongside anti-ESG submissions: report
“Investors show little to no interest in proposals that advocate a political viewpoint without demonstrable economic relevance,” proxy advisory firm ISS-Corporate said in an analysis.
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Appeals court rejects Nasdaq effort to boost director diversity
The Fifth Circuit found that the Securities Exchange Act doesn’t allow a stock exchange to require listed companies to report directors’ race and gender.
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CBRE’s climate transition strategy targets supply chain, efficiency actions
Measures to decarbonize include working with clients and suppliers to reduce emissions, which would help decrease its large share of scope 3 emissions, the real estate firm said.
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California to ease enforcement action on climate rules for first year of reporting
The California Air Resources Board said it would “not take enforcement action” on entities subject to Senate Bill 253 for incomplete reporting during the first reporting cycle due 2026.
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Court blocks Target’s attempt to move, dismiss DEI-related shareholder suit
The lawsuit argued that Target’s “DEI/ESG mandates” had a “known risk of adverse customer reactions,” and should have therefore been disclosed in investor statements.
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The AI paradox: Energy-hungry technology could speed clean energy transition
“I really think the climate case for AI needs to be made,” said Neil Chatterjee, a former chairman of the Federal Energy Regulatory Commission.