Sustainability: Page 12

  • The Salesforce logo is seen at its headquarters in San Francisco
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    Stephen Lam via Getty Images
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    Salesforce announces spate of climate investments

    The three new investments include joining a decarbonization initiative, a PPA for a 27-megawatt solar project and committing almost $4 million to climate-focused philanthropy.

    By • June 18, 2024
  • Prices are displayed at an ExxonMobil gas station
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    Brandon Bell via Getty Images
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    Federal court dismisses ExxonMobil lawsuit against activist shareholder

    Judge Mark Pittman said “second time’s the charm” for Arjuna Capital, and ruled the case to be moot following the investor’s pledge to not submit climate proposals to the energy giant.

    By • June 18, 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
  • Offshore wind turbines in the ocean.
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    TebNad via Getty Images
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    Local opposition to renewable energy projects ‘widespread and growing’: Columbia University report

    The report tracks 395 local restrictions on renewable energy development, with 55 of those emerging in the last year.

    By Diana DiGangi • June 18, 2024
  • The Gap logo is displayed at a Gap store.
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    Mario Tama via Getty Images
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    Gap, H&M, others join initiative to decarbonize fashion supply chain

    The Future Supply Initiative will provide brands with financing models and technical support to help their suppliers transition to low carbon technologies and solutions.

    By • June 17, 2024
  • A container ship sits docked at the Port of Oakland on June 07, 2023.
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    Justin Sullivan via Getty Images
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    Q&A

    How Supplier.io’s collaboration with CDP boosts supply chain transparency

    Supplier.io CEO Aylin Basom said clients were asking the supply chain diversity and ESG data company for additional insights, which led the company to pursue the partnership.

    By • June 17, 2024
  • Hershey's chocolate bars are shown on July 16, 2014 in Chicago, Illinois.
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    Scott Olson via Getty Images
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    Hershey ramps up renewable energy sourcing to slash emissions

    The chocolate manufacturer increased its procurement of electricity from green sources to 80% in 2023, up from 77% in 2022 — a rise it attributed to PPAs and clean energy credits.

    By • June 14, 2024
  • Flags fly above the entrance of the BlackRock offices.
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    Andrew Burton via Getty Images
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    BlackRock launches ‘transition aware’ funds overseas, as it shies away from ESG in US

    The climate-focused funds will be listed in the European Union and will invest at least 80% of their assets in ESG-aligned activities.

    By • June 14, 2024
  • The lineup of Tesla vehicles parked at a Supercharger with tress in the background in a media photo.
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    Courtesy of Tesla Inc.
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    EV adoption falls to its lowest point since 2021: JD Power

    Meanwhile, electric vehicles are more available than they’ve ever been.

    By Kalena Thomhave • June 14, 2024
  • The Microsoft logo is displayed in New York City.
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    Drew Angerer via Getty Images
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    Microsoft leans on forest management for carbon removal credits

    The tech giant will purchase over 970,000 nature-based carbon removal credits derived from Anew Climate’s expansive portfolio of afforestation projects across the U.S.

    By • June 13, 2024
  • The exterior of the U.S. Capitol building in Washington, D.C.
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    Jemal Countess via Getty Images
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    Witnesses combat House panel report of ‘collusion’ on decarbonization

    A day after the Judiciary Committee’s report, witnesses from Ceres, Arjuna Capital and CalPERS disputed claims alleging their work constitutes antitrust violations.

    By • June 13, 2024
  • Looking down on rows of solar panels in a green field.
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    RoschetzkyIstockPhoto via Getty Images
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    NextEra Energy Resources, Entergy strike 4.5 GW solar and storage development deal

    The five-year agreement will allow Entergy to access NextEra Energy’s supply chain and its development expertise to expand Entergy’s renewable energy portfolio.

    By Emma Penrod • June 13, 2024
  • California Attorney General Rob Bonta speaks during a news conference.
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    Justin Sullivan via Getty Images
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    California goes after Big Oil’s ‘illegal’ profits over alleged greenwashing

    ExxonMobil, Shell, Chevron, ConocoPhillips, BP and the American Petroleum Institute may be required to surrender profits gained from false advertising, according to an amended complaint filed Monday.

    By • June 12, 2024
  • Jim Jordan sits behind a podium with both hands outstretched.
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    Chip Somodevilla via Getty Images
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    House Judiciary: Climate groups and activists ‘colluding’ on decarbonization

    The interim report from the years-long probe accuses groups in the financial system of forming a “climate cartel” that “has declared war on the American way of life.”

    By • June 12, 2024
  • Committee chairman Rep. James Comer questions witnesses during a House Oversight Committee hearing.
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    Drew Angerer via Getty Images
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    House Oversight Committee probes IRS over ESG policies

    Committee Chair James Comer asked IRS Commissioner Daniel Werfel to explain how the agency ensures state retirement plans invest for the “exclusive benefit” of enrollees.

    By • June 11, 2024
  • Demonstrators prepare to be arrested during a rally outside the White House as part of the 'Climate Chaos Is Happening Now' protest on October 13, 2021 in Washington, DC
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    Chip Somodevilla via Getty Images
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    Deep Dive

    Drive for energy permitting reform fuels tensions between climate, environmental justice advocates

    A simplified permitting process would speed the deployment of clean energy, but some EJ advocates are concerned about unintended consequences.

    By Diana DiGangi • June 11, 2024
  • 35 mm film styled 4K digital camera and tripod dolly crane for video production.
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    ppengcreative via Getty Images
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    Sponsored by EnergyCAP

    Film studios prioritize energy efficiency: A look at Garden Studios’ innovative approach

    By adopting EnergyCAP SmartAnalytics, Garden Studios not only upholds its commitment to environmental stewardship but also sets a benchmark for other studios to follow.

    June 10, 2024
  • Transport trucks and cars drive down a highway with windmills in the background
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    David McNew via Getty Images
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    Scope 3 reporting is increasing, but cultural gaps undermine companies’ confidence in results

    Internal considerations, including ROI and buy-in from CFOs and others, may hinder investments in reporting tools, a Reuters survey found.

    By Suman Bhattacharyya • June 7, 2024
  • Charging port on the Volvo C40 recharge SUV.
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    Courtesy of Volvo Cars
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    $1.3B earmarked for EV charging network expansion in US

    The Biden-Harris Administration aims to accelerate public and private investment in clean transportation with the historic grant funding.

    By Haley Cawthon • June 7, 2024
  • Trees sway along a highway under the stress of hurricane-force winds.
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    Sean Rayford via Getty Images
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    Senate panel worries climate change is pushing insurance markets to the brink

    Witnesses and the committee’s chair drew parallels between the current home insurance market and conditions leading up to the 2007-08 recession.

    By • June 6, 2024
  • The interior of the UN Trusteeship at the UN headquarters.
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    Zoya Mirza/ESG Dive
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    The fashion industry’s ‘urgent need’ for sustainable practices

    It is “incumbent” on the industry to “bring new solutions forward,” said experts and stakeholders at the United Nations Fashion and Lifestyle Network annual meeting.

    By • June 6, 2024
  • A man in a dark suit stands in front of an audience.
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    Julie Strupp/ESG Dive
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    How climate change is hitting highways

    Resilience is a key consideration for road builders amid a slew of new environmental conditions, said a Federal Highway Administration official at the recent NIBS conference in Washington, D.C.

    By Julie Strupp • June 6, 2024
  • A group of young protesters marching fill the frame with signs that read "Planet Over Profit" and "Climate Justice" with a sunflower sprouting bottom to top as the "i" in climate and "t" in justice.
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    Spencer Platt/Getty Images via Getty Images
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    Sierra Club, NRDC drop legal challenges to SEC climate rule

    The two environmental groups have decided to focus resources elsewhere to improve climate-related financial disclosures.

    By • June 5, 2024
  • A group of flags on flag poles stand underneath one large blue flag, which features a circle of gold stars in the middle.
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    Johannes Simon via Getty Images
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    2 major EU sustainability and human rights regulations signed into law

    The rules, which ban destruction of unsold textiles among other things, aim to redefine product standards and promote sustainability.

    By Lauren Schenkman • June 5, 2024
  • Wind turbines seen behind solar panels at a wind farm.
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    Mario Tama via Getty Images
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    Energy Capital Partners secures $6.7B to invest in clean energy industry

    The New Jersey-based private equity firm said its fifth flagship fund would invest in companies focused on power generation, decarbonization and renewable and storage assets.

    By • June 4, 2024
  • A main street in Vermont is flooded with one person wading through the water.
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    Kylie Cooper via Getty Images
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    Vermont sends climate change tab to fossil fuel companies

    The Green Mountain State passed legislation which holds oil and gas companies financially accountable for damage caused by climate change.

    By • June 4, 2024