BlackRock invests $550M in Occidental’s industrial-scale direct air capture plant

The Texas-based Stratos facility is expected to be operational in 2025 and designed to capture up to 500,000 metric tons of CO2 per year.

By Lamar Johnson • Nov. 13, 2023

Key Republican senator drops GOP-backed carbon tariff bill

Sen. Roger Wicker, R-Miss., withdrew his support for Republican-sponsored legislation that tied international trade policy with emissions reduction goals — the first climate progressive bill to be put forward by the party.

By Zoya Mirza • Nov. 10, 2023

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

Environmental disclosure platform CDP to align with Europe’s sustainability standards

The move will help U.S. companies prepare to comply with the EU’s Corporate Sustainability Reporting Directive.

By Lamar Johnson • Nov. 10, 2023

SEC commissioner suggests ‘re-proposing’ climate risk disclosure rule

Some investors seek broader company disclosures with the aim of promoting social change rather than clarifying stock valuations, SEC Commissioner Mark Uyeda said.

By Jim Tyson • Nov. 9, 2023

Democrats take control of Virginia legislature, clouding governor’s climate, abortion plans

The election results mean stricter emission standards enacted two years ago will be the guidepost for Virginia-based auto manufacturers beginning in 2025 and more abortion protections could be on the way for all state employers.

By Lamar Johnson • Nov. 9, 2023

How tech, venture capital can help food industry meet 2030 emissions goals

Efforts like feed additives for cattle and implementing solar panels on farms can help producers decrease their carbon footprint, Ceres said in its latest report.

By Chris Casey • Nov. 8, 2023

Texas voters approve $10B energy fund, with most going to build gas-fired power plants

The fund could allocate up to $7.2 billion for new construction or upgrades of dispatchable power generation. However, opponents called it a giveaway to fossil fuel developers.

By Robert Walton • Nov. 8, 2023

Apple makes strides towards reaching 2030 carbon neutrality goal in Q4

CEO Tim Cook said 300 suppliers have agreed to use 100% clean energy for the company’s manufacturing by 2030, when Apple plans to make all its products carbon neutral.

By Lamar Johnson • Nov. 7, 2023

Few companies on track to meet water sustainability targets: Ceres

The sustainability nonprofit evaluated 72 companies from water-intensive industries, including PepsiCo, Coca-Cola, Unilever, Kellogg and Kraft Heinz.

By Zoya Mirza • Nov. 6, 2023

2030 is approaching: Survey reveals that innovative financing could fast track decarbonization plans

Organizations are taking a hard look at their emission reduction goals, as milestone years are fast approaching, and climate action is under a growing pressure valve.

Nov. 6, 2023

New Balance, Reformation among brands launching sustainable footwear collective

The group’s proposed solution is to collectively minimize waste, reduce emissions and bring a circular approach to the footwear industry.

By Laurel Deppen • Nov. 3, 2023

Estée Lauder says it has hit global pay equity target in select sectors

The beauty and fragrance brand also said it has reached carbon neutrality for scope 1 and scope 2 emissions for the fourth consecutive year during an earnings call.

By Zoya Mirza • Nov. 3, 2023

House Judiciary subpoenas ESG, net-zero advocates alleging antitrust violations

Chair Jim Jordan subpoenaed financial coalition GFANZ and advocacy group As You Sow, whose CEO called the warrant “unfounded” and said the underlying allegations are “twisting the facts.” 

By Lamar Johnson • Nov. 3, 2023

Most organizations lack a fully established ESG reporting framework: report

Heightened scrutiny around environmental, social and governance issues is impacting a company’s operations on every front, including its lease management, according to a study from Visual Lease.

By Zoya Mirza • Nov. 2, 2023

New regulations seek to expose fashion greenwashers’ true colors

In Europe, governments plan to prohibit fashion companies and other industries from making vague or misleading environmental claims, and the U.S. could soon do the same.

By Lauren Schenkman • Nov. 1, 2023

TD buys carbon removal credits

Over four years, TD said it will purchase 27,500 metric tons of direct-air-capture carbon dioxide removal credits from Occidental Petroleum. Financial details of the transaction were not disclosed.

By Gabrielle Saulsbery • Nov. 1, 2023

Apple, Nike and others back new clean energy project to decarbonize supply chains

The Clean Energy Procurement Academy, whose founding members also include Amazon, Meta and PepsiCo, aims to boost clean energy procurement and curb emissions.

By Zoya Mirza • Nov. 1, 2023

Bloomberg launches AI tool to help businesses navigate climate risks

The tool, launched in partnership with Riskthinking.AI, will give businesses predictive exposure data under all of the IPCC’s climate scenarios.

By Lamar Johnson • Oct. 31, 2023

COP28 president, energy groups urge governments to triple renewable power by 2030

A joint report released ahead of the summit outlines key steps economies can take to transition to a clean energy system and get back on track to reach the 1.5°C Paris Agreement goal.

By Zoya Mirza • Oct. 31, 2023

More than half of consumers consider sustainability in food purchases - TetraPak

Although many respondents said they are struggling financially, only 17% indicated a desire to give up purchasing higher-priced food and beverages that are environmentally friendly, organic or healthy.

By Chris Casey • Oct. 30, 2023

Most Americans still uncertain about ESG, but consider it when making decisions: report

A majority of those surveyed feel there is a “trust gap” between what most companies say they do for ESG and their actual behavior.

By Zoya Mirza • Oct. 27, 2023

Final TCFD report notes growth in climate disclosures as task force disbands

There has been “steady momentum” in the number of companies disclosing information aligned with the group’s recommendations, but the report said more progress is needed to mitigate climate risks.

By Lamar Johnson • Oct. 27, 2023

Gensler says SEC aims to avoid overreach on climate risk rule

The SEC chief has come under fire for proposing that companies release data on greenhouse gas emissions by their suppliers and customers.

By Jim Tyson • Oct. 26, 2023

Amped-up ‘Break Free From Plastic’ legislation reintroduced in Congress

The Democrat-sponsored bill includes implications for packaging, such as federally established EPR and deposit return systems, bans on black plastic and polystyrene foam food service ware, support for reuse/refill and more.

By Maria Rachal • Oct. 26, 2023

Sustainable raw materials can’t meet future demand: report

While many fashion brands have pledged to reduce their climate impact, that won’t be feasible with the current supply chain, a new report says.

By Lauren Schenkman • Oct. 26, 2023