EPA issues permits for California carbon capture and storage facility

Amid local concerns about the health risks the facility could pose, an EPA official said she believes the permits are “protective of the public and the environment.”

Constellation NewEnergy, GSA ink $840M deal for emissions-free power to federal facilities

The procurement agreement will involve supplying over 1 million megawatt hours of electricity annually over the course of a 10-year contract, the U.S. General Services Administration said.

Bank of America, Citigroup, Morgan Stanley latest to exit Net-Zero Banking Alliance

The financial institutions’ decision to leave NZBA comes shortly after Goldman Sachs and Wells Fargo announced they were departing the United Nations-backed climate coalition last month.

Equinor secures $3B for Empire Wind 1 offshore wind farm

Equinor expects capital investments in Empire Wind 1 to total around $5 billion, including fees for the use of the South Brooklyn Marine Terminal, the company said.

Did Costco just reset the narrative around DEI?

In contrast to a slew of companies, the warehouse retailer has forcefully rejected an anti-DEI shareholder proposal as bad for business.

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.

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. 

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.