Sustainability: Page 11

  • The Google logo is displayed on a building.
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    Justin Sullivan via Getty Images
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    Google inks renewable power agreement with Engie

    Google has signed five corporate power purchase agreements with Engie, which will provide over 118 megawatts of power to boost the tech giant’s operations in Belgium.

    By • July 8, 2024
  • Scientists stand beside a new carbon capture test unit.
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    Jeff J Mitchell via Getty Images
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    Climate groups say carbon offsets undermine emission reduction targets

    Over 80 organizations addressed global companies and governments Tuesday, saying a reliance on carbon credits will likely “slow down global emission reductions.”

    By • July 3, 2024
  • Power lines and wind turbines are seen at dawn. Explore the Trendline➔
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    Alexander Koerner via Getty Images
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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
  • A view of a forest containing thick greenery and large trees.
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    Dan Kitwood via Getty Images
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    Consumers want ethical sourcing, labeling on manmade fibers: report

    Nearly three quarters of survey respondents think materials such as viscose and lyocell should come from sustainable forests.

    By Lara Ewen • July 3, 2024
  • Young Happy Businesswoman Using Laptop Computer in Modern Office with Colleagues with VFX Hologram Edit Visualizing Stock Exchange Interface, Opened Charts.
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    gorodenkoff via Getty Images
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    Generative AI gains foothold in ESG landscape

    The increased use of artificial intelligence in ESG, beyond reporting, was on display at the Amazon Web Services conference last week.

    By • Updated July 8, 2024
  • A picture of the front window of a Fidelity Investments Investor Center.
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    Chip Somodevilla via Getty Images
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    Fidelity updates sustainable investing framework against regulatory backdrop

    Fidelity’s international arm said its revised framework aims to “ensure ongoing alignment with transparency and disclosure requirements.”

    By • July 2, 2024
  • Man standing at podium in front of blue backdrop on stage
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    Sean Gallup via Getty Images
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    UN-backed group, others collaborate to boost global sustainable finance taxonomies

    The United Nations Environment Programme Finance Initiative, Principles for Responsible Investment and the Climate Bonds Initiative aim to “harmonize taxonomy definitions and concepts.”

    By • July 1, 2024
  • Google logo displayed in front of building.
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    Justin Sullivan via Getty Images
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    Google invests in BlackRock-owned solar company to aid net-zero goals

    The tech giant will invest in the buildout of Taiwan’s clean energy capacity for the rights to procure up to 300 MW of solar power from New Green Power’s development pipeline.

    By • July 1, 2024
  • Aerial view of solar array farm in a Chilean desert.
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    John Moore via Getty Images
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    IFRS partners with World Bank member to improve emerging market disclosures

    The foundation behind the International Sustainability Standards Board signed a memorandum of understanding with the International Finance Corporation Thursday.

    By • June 28, 2024
  • A sign hangs at the entrance of a T.J. Maxx store on February 28, 2024 in Chicago, Illinois.
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    Scott Olson via Getty Images
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    T.J. Maxx, HomeGoods parent company to adopt new energy management system in the US

    The off-price retailer’s move to integrate its U.S. building management systems into a single, centralized platform comes as it mulls the prospect of adding more than 100 U.S. stores this year.

    By Nish Amarnath • June 28, 2024
  • Heavy smoke clouds of carbon emissions spew from three cylindrical columns rising from a factory in the background, partly obscured by trees, with the roof of a house barely visible in the foreground.
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    Mark Wilson via Getty Images
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    Supreme Court blocks enforcement of EPA’s ‘good neighbor’ rule

    The 5-4 decision was criticized by clean energy advocates who said the court failed to address the “public health harm that occurs during the pendency of the stay granted.”

    By Robert Walton • June 28, 2024
  • A view of a Wendy's restaurant on May 12, 2021 in Pinole, California.
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    Justin Sullivan via Getty Images
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    Wendy’s inks deal with solar company to cut restaurant emissions

    The collaboration with Ampion Renewable Energy will help provide renewable electricity to local utility grids and decrease restaurants’ reliance on fossil fuels.

    By • June 27, 2024
  • A person carries a Zara shopping bag outdoors.
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    Omer Messinger via Getty Images
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    Zara owner pledges to stop using endangered and ancient forests in paper packaging

    The initiative builds on Inditex’s previous commitment to remove those materials from textiles.

    By Laurel Deppen • June 27, 2024
  • The High Mesa solar and storage project in Garfield County, Colorado.
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    Courtesy of Holy Cross Energy
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    US energy storage installations set Q1 record with 84% jump: WoodMac/ACP

    Utility-scale installations more than doubled from Q1 2023 while residential installations increased by 48%, driven by California’s NEM 3.0 net billing tariff.

    By Brian Martucci • June 27, 2024
  • A general view of Exxonmobil or Exxon Mobil refinery in the Port of Rotterdam on April 23, 2020 in Rotterdam, Netherlands.
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    Dean Mouhtaropoulos via Getty Images
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    ExxonMobil taps Air Liquide for low-carbon hydrogen project

    The industrial gasses company will invest up to $850 million to build and operate four air separation units to boost the oil giant’s Texas hydrogen project.

    By • June 26, 2024
  • Solar panels are laid out on the roof of a factory.
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    Creative via Getty Images
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    ISSB aims to further streamline climate disclosures

    “During the next two years, the ISSB will deliver further harmonization and consolidation of the disclosure landscape in response to market demand,” the sustainability reporting organization said.

    By • June 26, 2024
  • A corn harvest is underway.
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    Sean Gallup via Getty Images
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    Corn growers file legal challenge against EPA’s trucking emissions rule

    Industry groups argue that a transition to battery-powered trucks would have unintended consequences for the biofuels and agricultural industries.

    By Nathan Owens • June 26, 2024
  • Climate protester holds up a sign during a demonstration.
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    Spencer Platt via Getty Images
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    Unilever, Ikea, others push governments to accelerate climate action plans

    The “Mission 25” group — which represents some of the world’s biggest companies, financial institutions and cities — is urging governments worldwide to align climate goals with the Paris Agreement.

    By • June 25, 2024
  • Nestlé's new Sustainably Sourced chocolate brand.
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    Courtesy of Nestlé
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    Nestlé introduces sustainably sourced chocolate brand

    The confectionery offering, which uses cocoa certified by the Rainforest Alliance, will be available in airports around the world.

    By Christopher Doering • June 25, 2024
  • Satya Nadella speaking at OpenAI Dev Day
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    Justin Sullivan via Getty Images
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    Microsoft partners with agricultural tech company for carbon removal

    The tech giant will purchase 40,000 soil-based carbon credits from Indigo Ag, a transaction the sustainable agriculture company called a “major milestone.”

    By • June 24, 2024
  • European Union flags are pictured waving outside the European Commission building.
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    Carl Court via Getty Images
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    Bloomberg launches CSRD data tool as reporting deadlines begin to loom

    “Better data drives better investment decisions,” Bloomberg’s global head of sustainable finance solutions said in a release.

    By • June 24, 2024
  • Plastic Pepsi soda bottles encased in paper packaging
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    Courtesy of PepsiCo
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    PepsiCo anticipates missing certain 2025 packaging sustainability goals

    The same day the company released its ESG report acknowledging it’s unlikely to hit a 2025 packaging circular design target, the city of Baltimore sued PepsiCo and others for their “significant roles in creating a plastic pollution crisis.”

    By Katie Pyzyk • June 24, 2024
  • he U.S. and Texas flags fly in front of high voltage transmission towers
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    Justin Sullivan via Getty Images
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    Anti-ESG laws challenge fiduciary obligations, add significant reporting burden: PRI

    The impact of anti-ESG legislative efforts is uncertain and could affect capital availability for businesses and investment vehicles that have a sustainability or social focus, experts say.

    By Suman Bhattacharyya • June 21, 2024
  • People walk up from the plaza at the Citigroup Center November 17, 2008 in New York City. Citigroup
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    Chris Hondros / Staff via Getty Images
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    Citi calls carbon emissions report from environmental group ‘misleading’

    Stand.earth reported earlier this week that the bank is a leading financier of the maritime liquefied natural gas industry, but the bank takes issue with the methodology used.

    By • June 20, 2024
  • Steam and exhaust rise from a power plant.
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    Lukas Schulze via Getty Images
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    Workiva launches sustainable solutions platform, acquires carbon accounting firm

    The ESG reporting software firm said its new platform will let companies “prepare and file audit-ready financial and non-financial reports” amid growing disclosure requirements.

    By • June 20, 2024
  • A worker assembles Volkswagen's ID.3 electric car at a factory in Germany.
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    Jens Schlueter via Getty Images
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    2024 Elections

    Trump could roll back Inflation Reduction Act tax credits if reelected

    Volkswagen and Samsung SDI leaders expressed concerns at a conference last week about the stability of the IRA should the administration change.

    By Kate Magill • June 20, 2024