Walmart hits supplier emissions goal 6 years early

The retailer’s vendors have already reported enough projects to fulfill Project Gigaton’s target of cutting 1 billion metric tons of greenhouse gases from its supply chain.  

By Ben Unglesbee • Feb. 23, 2024

Solar, battery storage will be 81% of new electricity generation capacity this year: EIA

Solar will increase by a record 36.4 GW if additions proceed as scheduled this year, the U.S. Energy Information Administration said.

By Diana DiGangi • Feb. 22, 2024

Explore the 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 roadmap for corporate ESG reporting: eBay Chief Sustainability Officer

The e-commerce platform’s chief sustainability officer, Renee Morin, explains how company executives can navigate the changing landscape of sustainability and governance. 

By Renee Morin • Feb. 22, 2024

Chicago sues oil, gas companies to make them pay for ‘climate deception’

The nation's third-largest city joins dozens of other municipalities and states that have filed similar lawsuits.

By Ysabelle Kempe • Feb. 22, 2024

Verizon allocates $1B green bond proceeds to renewable energy projects

The telecommunications provider’s investment builds on its goal to achieve net-zero emissions across its operations by 2035.

By Zoya Mirza • Feb. 21, 2024

Biodiversity emerges as an ESG priority in packaging, but measurement could be a challenge

As international standards evolve, fiber-based packaging companies are in the spotlight. Smurfit Kappa, WestRock, the Sustainable Forestry Initiative and Canopy Planet weigh in on what the increased focus means for the industry.

By April Reese • Feb. 21, 2024

Push for climate policy and adaptation lead concerns at GreenBiz24

More than 2,500 sustainability professionals flocked to Phoenix for the GreenBiz24 conference to hear the industry’s latest insights.

By Lamar Johnson • Feb. 21, 2024

New York pension fund to divest $26.8M from 8 oil companies, including ExxonMobil

The state pension fund has also set a new goal to commit $40 billion to sustainable investments and climate solutions by 2035.

By Zoya Mirza • Feb. 20, 2024

State officials blame federal regulation for higher energy prices: ‘Customers are getting hurt.’

Proposed federal limits on fossil fuel power plants will further raise costs and weaken reliability, three state energy officials told a U.S. House subcommittee last week.

By Robert Walton • Feb. 20, 2024

Exclusive: Carbon management platform Gravity Climate joins ESG Data Convergence Initiative

“The world of private equity has a massive opportunity to influence so many different companies that don't necessarily receive direct pressure,” Gravity Climate’s CEO told ESG Dive.

By Lamar Johnson • Feb. 20, 2024

Using data to secure funding and prove ROI of sustainability projects

Learn more about how the University of Texas Medical Branch in Galveston used a data-driven approach to optimize its energy usage and advance its sustainability initiatives. 

Feb. 20, 2024

Companies struggle with decarbonization due to internal governance, data issues

Most organizations are committed to decarbonization, but a siloed approach, bureaucracy and data challenges stand in the way of success, an Engie Impact report says.

By Suman Bhattacharyya • Feb. 16, 2024

Lululemon accused of greenwashing in anti-competition complaint

Advocacy organization Stand.earth is asking the Competition Bureau Canada to investigate the athletic wear company’s conduct over environmental claims.

By Laurel Deppen • Feb. 16, 2024

JPMorgan, State Street exit Climate Action 100+ coalition

BlackRock also revised its membership after the coalition announced its “phase 2” requirements that signatories enhance their corporate disclosure and implement climate transition plans.

By Zoya Mirza • Feb. 15, 2024

GreenBiz24: US companies seek to understand EU CRSD impact

While the process may be complex, it is important for companies to recognize they “are not starting from scratch,” Nado Saab, Mondelēz International’s director of ESG reporting told attendees.

By Lamar Johnson • Feb. 15, 2024

US clean energy sector is breaking records but presidential election, other challenges loom: WRI

“Policymakers, regulators, developers and manufacturers must double down on their efforts to address key challenges,” said the World Resources Institute in a report.

By Diana DiGangi • Feb. 15, 2024

International Finance Corporation unveils AI-powered tool for ESG analysis

MALENA can analyze unstructured text from annual reports, sustainability reports, news and impact assessments, according to the IFC.

By Zoya Mirza • Feb. 14, 2024

GM hires former Tesla exec to lead EV battery strategy

Kurt Kelty was heavily involved in creating Tesla’s first Gigafactory and has been working on lithium-ion batteries since he worked at Panasonic in 1993.

By Michael Brady • Feb. 14, 2024

Diamondback inks $26B deal to buy rival Endeavor Energy, creates Permian oil behemoth

The new consolidated company will be worth more than $50 billion and able to pump 816,000 barrels of oil and gas per day.

By Zoya Mirza • Feb. 13, 2024

Sustainability experts called to ‘LEAD’ a push for climate policy at GreenBiz24

Bill Weihl, former head of sustainability at Google and Facebook, said industry professionals need to urge their companies to advocate for additional green policies.

By Lamar Johnson • Feb. 13, 2024

HSBC partners with Google, works toward $1B climate tech investments goal

Under the new deal, companies part of the GCR-sustainability program will be able to explore venture debt financing options offered by HSBC’s specialist climate tech finance team.

By Zoya Mirza • Feb. 12, 2024

Super Bowl venue touts 100% renewable energy

This NFL first comes via the Las Vegas Raiders’ partnerships with NV Energy and NZero at Allegiant Stadium, which cover all its events — even Taylor Swift concerts.

By Joe Burns • Feb. 12, 2024

Barclays ceases direct funding of new fossil fuel projects

The London-based bank will also require all its portfolio energy companies to report their scoped emissions reductions targets and any expansion plans by Jan. 1, 2025.

By Lamar Johnson • Feb. 12, 2024

Democrats join push to stop climate funding from going to farm biogas projects

The growing movement to capture methane from livestock waste only further encourages mass-scale industrial agriculture, a group of lawmakers said in a letter to the USDA. 

By Sarah Zimmerman • Feb. 9, 2024

Cost cutbacks to go hand-in-hand with emissions reduction strategy: USPS

The postal service said it plans to slash scope 1 and 2 emissions by 40% and scope 3 emissions by 20% by 2030, compared to a 2021 baseline.

By Zoya Mirza • Feb. 9, 2024