Finance


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    J.P. Morgan Asset Management closes $1.5B climate, forests fund

    The fund exceeded its initial close target and aims to support sustainability in forestry, timber production and carbon sequestration.

    By April 11, 2025
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    Diego Cuevas via Getty Images
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    Opinion

    Physical risk playbook: How and why companies should step up their climate resiliency efforts

    Investors need information on corporate resilience strategies for climate-driven disasters to price investment risks accurately, says Impax Asset Management’s Julie Gorte.

    By Julie Gorte • April 11, 2025
  • Flags of member states of the European Union stand in an atrium of the European Parliament building on May 21, 2024 in Strasbourg, France.
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    Johannes Simon / Stringer via Getty Images
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    EU legislators work to simplify sustainability reporting requirements

    The European Union has delayed sustainability reporting for the CSRD and CSDDD while legislators work to simplify the underlying requirements for businesses.

    By April 10, 2025
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    golubovy via Getty Images
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    4 ways tariffs could impact recycled plastic markets

    Recycling industry analysts say high-level trends affecting markets and manufacturing will affect recyclers as trade war uncertainties continue.

    By Megan Quinn • April 10, 2025
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    Anna Moneymaker via Getty Images
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    Trump EO targets state climate, emissions and ESG policies

    The executive order directs the attorney general to halt enforcement of state laws or civil actions targeting energy companies over climate change.

    By April 9, 2025
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    Douglas Rissing via Getty Images
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    USDA tells digester funding applicants to remove diversity, climate language

    The announcement means federal funding for anaerobic digesters on dairy farms could be unpaused for applicants willing to change project language.

    By Jacob Wallace • April 9, 2025
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    Scott Olson via Getty Images
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    Shareholder advocacy targets flexible packaging, reusables and recycling labels

    Coca-Cola, Hyatt, Sealed Air, Starbucks and Wyndham recently reached agreements with shareholder advocates. Proposals remain pending at Amazon, Home Depot, Kraft Heinz, Mondelēz, PepsiCo and Wendy’s.

    By Cole Rosengren • April 8, 2025
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    Melissa Sue Gerrits via Getty Images
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    Opinion

    The missing link: Data’s role in small business disaster recovery

    Businesses and communities need more granular and reliable data to recover in the wake of natural disasters, U.S. Chamber of Commerce Foundation’s Marc DeCourcey and Fiserv’s Vivian Greentree say.

    By Marc DeCourcey and Vivian Greentree • April 8, 2025
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    Dutch investor AIP Management invests $500M in US solar producer

    AIP will invest half a billion dollars in Silicon Ranch, a full-service solar company and one of the largest U.S. independent power producers.

    By April 7, 2025
  • "Hon. Lee M. Zeldin," as a placard states, sits at a table with a microphone in front of a crowd in a hearing room.
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    Anna Moneymaker via Getty Images
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    DOJ attorney in EPA funding freeze case breaks with Zeldin’s fraud comments

    “You said that there was waste, fraud, abuse,” Judge Tanya Chutkan said to Department of Justice attorney Marc Sacks. “You seem to be abandoning that position now.”

    By Diana DiGangi • April 7, 2025
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    German prosecutors slap $27M greenwashing fine on Deutsche Bank’s DWS

    The Frankfurt Public Prosecutor said statements made by DWS about being an “ESG leader” or ESG being an integral part of its "DNA” did not paint a true picture.

    By April 4, 2025
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    Ford asks investors to vote down supply chain emissions proposal

    Shareholder Green Century Capital Management wants the automaker to regularly disclose its strategies for meeting low-carbon steel benchmarks, among others.

    By Haley Cawthon • April 4, 2025
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    Stockyme via Getty Images
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    Meta signs 10-year forestry-based carbon offtake deal

    In “one of the first known contracts” like it, forest investment and management firm EFM will deliver 676,000 nature-based credits as 68,000 acres of forest transition to climate-smart management.

    By April 3, 2025
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    Amex says it stopped using diversity goals to set pay last year

    A conservative legal group filed a proposal stating the company should do away with such incentives, but the company said it already shifted away from that practice.

    By Patrick Cooley • April 3, 2025
  • Wells Fargo headquarters in San Francisco is pictured on June 6, 2023.
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    JHVEPhoto via Getty Images
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    Tennessee ends Wells Fargo probe after bank scraps net-zero target

    The state's attorney general commended Wells Fargo’s “pro-consumer decision to step away from utopian policymaking." Seventeen other states had joined the probe.

    By Rajashree Chakravarty • April 2, 2025
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    Justin Sullivan via Getty Images
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    EPA denies harm from funding freeze in court filing

    EPA argued that the Greenhouse Gas Reduction Fund freeze would not cause irreparable harm to grantees, while the grantee plaintiffs say the freeze is “potentially fatal” for their operations.

    By Diana DiGangi • April 2, 2025
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    OCC ends climate risk guidance for large banks

    The Office of the Comptroller of Currency withdrew guidance to help financial institutions managing over $100 billion in total assets identify and manage financial risks related to climate change.

    By April 1, 2025
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    Chip Somodevilla via Getty Images
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    SEC withdraws defense of climate-risk disclosure rule

    The agency will no longer defend its rule requiring companies to disclose certain climate-related risks, a move one commissioner called an attempt to “unlawfully” dismantle the rule.

    By March 28, 2025
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    House Republicans probe EPA climate grant recipients

    The House Oversight Committee chair is spearheading an investigation into the eight environmental groups that received funding through the Biden-era Greenhouse Gas Reduction Fund.

    By March 28, 2025
  • A laboratory in which a person in gloves and a lab coat is seen examining liquid in test tubes.
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    Courtesy of Lululemon
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    Lululemon partners with sustainable materials firm to expand bio-based nylon

    The deal with ZymoChem is meant to scale production and commercialize its technology.

    By Laurel Deppen • March 28, 2025
  • ING becomes first global bank with SBTi-validated targets

    The bank set targets to reduce its scope 1 and scope 2 emissions for 2030, as well as portfolio targets related to its fossil fuel financing.

    By March 27, 2025
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    JLL acquires renewable energy banking firm Javelin Capital

    The global commercial real estate firm said the acquisition will “significantly enhance” the company’s capabilities in the U.S. energy and infrastructure markets.

    By March 26, 2025
  • The Amazon logo seen at Amazon campus in Palo Alto, California on February 18, 2020.
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    hapabapa via Getty Images
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    Amazon launches carbon credit service through sustainability hub

    The credits will be available to its U.S. supply chain partners, enterprise customers and Climate Pledge signatories with certain emissions reporting, net-zero targets and decarbonization strategies.

    By March 25, 2025
  • Al gore speaks onstage at a climate summit.
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    Bennett Raglin via Getty Images
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    CalSTRS, Microsoft anchor $175M funding round for Al Gore-backed Just Climate

    Just Climate’s Natural Climate Solutions strategy will focus on avoiding emissions from agriculture, forestry and other land use while also delivering “attractive returns.”

    By March 25, 2025
  • A JPMorgan Chase logo stands in front of a building on a city street.
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    JPMorgan rebrands DEI, leaves Net-Zero Asset Managers initiative

    The bank said it will swap “equity” for “opportunity” in its DEI policy and that it left NZAM due to the net-zero group’s operational pause.

    By March 24, 2025