Sustainability

  • TikTok's app is seen on an iPhone.
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    Dan Kitwood via Getty Images
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    TikTok taps Climeworks for carbon removal deal

    The social media giant has inked a multi-year partnership to have Climeworks remove 5,100 tons of emitted carbon dioxide from the air by 2030.

    By • Feb. 21, 2025
  • Aerial view of wind turbines taken with a drone in Vermont.
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    Gabriel Shakour via Getty Images
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    Trump’s tariffs could raise onshore wind turbine costs by 7%, slow development: WoodMac

    Wind generation deployments could be reduced by nearly a third by the end of this decade due to the tariffs, according to a Wood Mackenzie analyst.

    By Emma Penrod • Feb. 21, 2025
  • Power lines and wind turbines are seen at dawn. Explore the Trendline➔
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    Trendline

    The state of the clean energy transition in 2024

    This year saw a large volume of initiatives and investments from corporations focused on the clean energy transition — alongside a handful of reversions on carbon reduction goals.

    By ESG Dive staff
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    Matt Cardy via Getty Images
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    HSBC delays net-zero emissions goal by 20 years

    The U.K.-based bank said it was “revising [its] ambition” and delaying its target of hitting net-zero across its operations, business travel and supply chain from 2030 to 2050.

    By • Feb. 20, 2025
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    Spencer Platt via Getty Images
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    Dems ask SEC, DOL to not issue anti-ESG rules: Exclusive

    A coalition of 17 blue state finance officials sent a letter to the agencies to counter prior assertions made by their Republican colleagues.

    By • Feb. 20, 2025
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    Anna Rose Layden via Getty Images
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    CSDDD is a ‘non-tariff barrier’ for US companies: House Financial Services Chair

    Rep. French Hill said during a webinar that the Corporate Sustainability Due Diligence Directive will create costly barriers for U.S. corporations to do business in and engage with the bloc. 

    By • Feb. 19, 2025
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    Michael M. Santiago / Staff via Getty Images
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    Climate change should be incorporated into ‘daily decision-making’: JPMorgan

    “Understanding climate risk is important for staying ahead in the financial landscape,” JPMorgan’s chief risk officer and global head of corporate advisory wrote in a new report.

    By • Feb. 19, 2025
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    Robert Nickelsberg via Getty Images
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    Manufacturers’ 2025 sustainability priorities

    Companies are sticking with their long-term emissions goals and strategies amid changing federal regulations.

    By Michelle No • Feb. 19, 2025
  • Pennsylvania Gov. Josh Shapiro speaks at a podium.
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    Mark Makela via Getty Images
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    Pennsylvania Gov. Shapiro sues Trump admin over IRA funding freeze

    The state’s agencies have limited access to over $3.1 billion in funding for activities including distributed solar deployment, well plugging and weatherization, according to the lawsuit.

    By Diana DiGangi • Feb. 18, 2025
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    The SEC has requested to delay climate rule arguments. What’s next?

    Sustainable investing experts are not surprised by the delay and say it is expected to have minimal immediate impact.

    By • Feb. 13, 2025
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    triocean via Getty Images
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    Opinion

    Sustainability is a lasting fashion statement

    Brands can build consumer trust and increase shareholder value by considering ESG impacts, writes Marco Valverde, apparel national practice leader at Moss Adams.

    By Marco Valverde • Feb. 13, 2025
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    chrisp0 via Getty Images
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    New York loans Revel $60M to expand NYC public EV charging

    NY Green Bank's president said the financial arrangement is “an important and replicable precedent” to accelerate electric vehicle charging.

    By Robert Walton • Feb. 13, 2025
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    Retrieved from OCC.
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    Office of the Comptroller of the Currency latest to exit central bank climate coalition

    The OCC’s acting comptroller said participation in the Network of Central Banks and Supervisors for Greening the Financial System does not fall within the agency’s “statutory mandate.”

    By • Feb. 12, 2025
  • Mark Toshiro Uyeda testifies at a Senate hearing.
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    Tasos Katopodis via Getty Images
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    Acting SEC chair asks court not to schedule climate rule arguments

    “The Commission’s briefs previously submitted in the cases consolidated in the Eighth Circuit do not reflect my views,” Acting Chair Mark Uyeda said.

    By • Feb. 11, 2025
  • The HSBC sign and logo pictured outside a bank branch.
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    Matt Cardy via Getty Images
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    HSBC taps global banking executive for chief sustainability officer role

    Julian Wentzel — previously HSBC’s head of global banking for the Middle East, North Africa and Turkey — becomes sustainability chief after serving as interim CSO.

    By • Feb. 11, 2025
  • Roger Garbey (top) and Andres Hernandez, from the Goldin Solar company, install a solar panel system on the roof of a home a day after the Trump administration announced it will impose duties of as mu
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    Joe Raedle via Getty Images
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    EPA funding freeze endangers $7B Solar For All program

    “We don't know how much money got out the door, we don't know how much money the administration can seek to claw back,” said Vote Solar’s executive director, Sachu Constantine.

    By Diana DiGangi • Feb. 11, 2025
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    Michael M. Santiago via Getty Images
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    Deep Dive

    US state legislatures take aim at fashion’s sustainability and safety concerns

    The new regulations are designed to protect workers, consumers and the environment, but there are still hurdles to face between passing the bills and implementing them.

    By Siera Nezaj • Feb. 10, 2025
  • New Jersey Attorney General Matthew Platkin speaks at a lectern.
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    Courtesy of Office of New Jersey Attorney General Matthew J. Platkin
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    New Jersey judge dismisses state’s climate lawsuit against major oil companies

    A state superior court judge ruled that New Jersey’s climate-related claims were preempted by federal law as state law cannot govern disputes over the impact of climate change.

    By • Feb. 10, 2025
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    Google contracts over $100M in carbon removal credits in 2024

    “We’re encouraged by our progress, but the journey to catalyze carbon removal is just beginning,” Google Carbon Credits and Removals Lead Randy Spock said.

    By • Feb. 7, 2025
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    Spencer Platt via Getty Images
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    Lego to increase solar capacity by 72% this year to cut emissions

    The Danish toymaker calls solar expansion a “key initiative” to help meet its sustainability goals, which include achieving net-zero emissions by 2050.

    By • Feb. 7, 2025
  • The dome of the U.S. Capitol Building as seen at dawn.
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    Win McNamee via Getty Images
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    Clean energy stakeholders descend on Capitol to lobby for IRA tax credits

    Groups participating in the lobbying blitz in Washington, D.C. represent over 2,000 companies and hundreds of billions of dollars in private investment, according to the Solar Energy Industries Association.

    By Diana DiGangi • Feb. 6, 2025
  • Snow seen melting in front of the New York State Capitol building.
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    Matthew Cavanaugh via Getty Images
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    New York reintroduces bills seeking climate risk, emissions disclosures

    Senate Bills 3456 and 3697, if approved, would mandate climate-related disclosures from large companies operating in the Empire State as early as 2027.

    By • Feb. 6, 2025
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    ESG encountering widening ‘gulf’ between US and European investors: Morningstar

    “We are definitely seeing a widening gap … between asset manager support for environmental and social-related voting initiatives," Morningstar Sustainalytics’ director of investment stewardship research said.

    By • Feb. 5, 2025
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    Kayla Bartkowski via Getty Images
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    Senate confirms Liberty Energy CEO Chris Wright as DOE secretary

    Wright aims to expand U.S. power supplies — including renewable energy — to help lower electricity prices, he said during his Senate confirmation hearing.

    By Ethan Howland • Feb. 4, 2025
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    Republican officials urge SEC, DOL to adopt anti-ESG, DEI rules

    The letter signed by 22 Republican state finance officials cited American Airlines’ recent legal loss as evidence that fiduciaries are breaching their duty to loyalty with regards to ESG and DEI.

    By • Feb. 3, 2025
  • Scott Bessent testifies before the Senate Finance Committee.
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    Chip Somodevilla via Getty Images
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    Treasury Department exits global regulatory climate coalition

    The Treasury’s Federal Insurance Office withdrew from the Network of Central Banks and Supervisors for Greening the Financial System last week to comply with President Donald Trump’s executive orders.

    By • Feb. 3, 2025