Sustainability: Page 3

  • Exhaust plumes from a power station.
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    Sean Gallup via Getty Images
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    Carbon market governing body tightens standards for renewable energy credits

    The Integrity Council for the Voluntary Carbon Market said carbon credits issued under existing renewable energy methodologies won’t qualify for its Core Carbon Principles label.

    By • Aug. 8, 2024
  • U.S. Secretary of the Interior Ken Salazar (C) looks at the Sunpower operations center during a tour of Sunpower Corporation's research and development facility October 14, 2010.
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    Justin Sullivan via Getty Images
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    SunPower files for bankruptcy, plans to sell or wind down remaining operations

    Facing a “severe liquidity crisis,” the leading residential solar installer must sell its assets to pay down more than $2 billion in debts, officials said.

    By Emma Penrod • Aug. 8, 2024
  • Wind turbines seen behind solar panels at a wind farm. Explore the Trendline➔
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    Mario Tama via Getty Images
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    Trendline

    Sustainability initiatives gain traction against backdrop of climate disclosure rules

    Several companies have already committed to achieving net-zero emissions by 2050 and many have also set near-term targets to curb their carbon footprint by the end of the decade.

    By ESG Dive staff
  • Towing a liquefied gas tanker.
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    lyash01 via Getty Images
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    Biden administration appealing injunction against LNG pause

    A district court judge dismissed 11 of 16 charges against the administration but restricted it from further halting or pausing approvals for new liquefied natural gas export terminals.

    By • Aug. 7, 2024
  • Steam and exhaust rise from a power plant.
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    Lukas Schulze via Getty Images
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    New initiative aims to solidify carbon removal standards

    The Carbon Removal Standards Initiative seeks to provide policymakers and regulators with “financially unconflicted advice” to monitor and develop standards for the industry.

    By • Aug. 7, 2024
  • Engineers look at digital twins to monitor building energy use.
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    Andrey Popov via Getty Images
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    AI could halt energy use growth in US buildings: LBNL study

    Combined with policy measures and low-carbon generation, building carbon emissions can decline over 90% by 2050 compared with business-as-usual scenarios, according to national lab researchers.

    By Joe Burns • Aug. 7, 2024
  • Bill Gates speaks onstage at a summit.
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    Bennett Raglin via Getty Images
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    Bill Gates-backed energy investment firm pulls in $839M for new climate fund

    Breakthrough Energy Ventures’ third fund will have an investment focus similar to that of its predecessors and target five key areas in climate innovation, including energy and transportation.

    By • Aug. 6, 2024
  • the tail and engine of a Jetblue jet airplane with the JetBlue logo
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    Joe Raedle via Getty Images
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    JetBlue inks SAF deal for JFK flights

    The airline signed a 12-month deal to procure sustainable aviation fuel from a Valero Energy Corporation subsidiary to reduce its emissions at the New York airport.

    By • Aug. 5, 2024
  • Rep. Bill Huizenga speaks with glasses and a pen in one hand.
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    Kevin Dietsch via Getty Images
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    House Republicans issue final ESG Working Group report

    The Republican group housed within the House Financial Services Committee said the current proxy system is “an environment ripe for abuse.”

    By • Aug. 5, 2024
  • Chopping vanilla bean pods
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    "Vanilla Extract" by Brian Boucheron is licensed under CC BY 2.0
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    Ingredients in peril due to climate change

    As global temperatures shift and weather events devastate agricultural land, some ingredients and crops are in jeopardy. One expert shares advice.

    By Elizabeth Flood • Aug. 5, 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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    Window to repeal SEC climate disclosure rule closes

    While congressional Republicans failed to repeal the rule through the Congressional Review Act, the rule is still being targeted by policy riders in the appropriations process.

    By • Aug. 2, 2024
  • A United Airlines aircraft lifts off the tarmac.
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    Scott Olson via Getty Images
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    United Airlines to lean on SAF for Chicago O’Hare flights

    United inked a deal with sustainable fuels company Neste, which will provide the airline up to 1 million gallons of sustainable aviation fuel through the year.

    By • Aug. 2, 2024
  • Hands hold a Snickers candy bar, Mars bar and Milky Way bar in paper-based packaging
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    Courtesy of Mars Wrigley Australia
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    Mars doubts it can achieve 2025 sustainable packaging targets

    Almost half of Mars’ packaging portfolio is being redesigned or eliminated to align with current or future recycling infrastructure. But infrastructure advancement is taking longer than expected, per its latest sustainability report.

    By Maria Rachal • Aug. 2, 2024
  • Jim Jordan sits behind a podium with his right hand around a pen and resting on his chin. Out of focus, the podium reads "Mr. Jordan, Chairman."
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    Chip Somodevilla via Getty Images
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    House Judiciary probes Climate Action 100+ members as ESG investigation continues

    The Republican heads of the Judiciary Committee and one subcommittee sent letters to over 130 U.S.-based companies, systems and funds associated associated with CA100+.

    By • Aug. 1, 2024
  • A factory is seen with a cloud of smoke behind it, demonstrating emissions.
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    Lukas Schulze/Getty Images via Getty Images
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    Dems back CFTC’s proposed guidance for voluntary carbon markets

    Nine Democratic lawmakers expressed support for the Commodity Futures Trading Commission’s proposed guidance for companies looking to list and trade carbon credits.

    By • Aug. 1, 2024
  • Wind turbines on a corn field
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    welcomia via Getty Images
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    GSA to source carbon-free power for federal facilities in Illinois

    In a multiyear deal between the U.S. General Services Administration and Homefield Energy, 80% of buildings' energy will come from wind power.

    By Nish Amarnath • Aug. 1, 2024
  • Executives are seen speaking during a meeting.
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    AzmanL via Getty Images
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    Approval rates for environmental, social proposals continue to crater despite record submissions

    Average support for environmental and social shareholder proposals was at just 16.2% through the first half of the year, Diligent Marketplace Intelligence reported.

    By • July 31, 2024
  • Spools of thread on a weaving machine
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    Courtesy of Unspun
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    Weaving tech company scores $32M to decarbonize fashion supply chains

    Unspun plans to expand the use of its 3D machinery which boosts circular production by localizing manufacturing capabilities.

    By Lara Ewen • July 31, 2024
  • An Estée Lauder storefront with displays featuring cosmetics in Hong Kong
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    "HK TKO zh:將軍澳 Tseung Kwan O PopCorn mall shop in January 2022" by CAHOGNSUIE 202 KADPA is licensed under CC BY-SA 4.0
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    Q&A

    Aesthetics vs. environment: How Estée Lauder balances luxury and sustainability

    Efforts include sourcing postconsumer resin and leveraging chemical recycling. Making sustainability leaps more apparent to consumers is also a concern at the cosmetics and skincare giant.

    By Katie Pyzyk • July 31, 2024
  • ExxonMobil
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    David McNew via Getty Images
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    ExxonMobil climate liability case to proceed in Connecticut

    The ruling marks the latest development in a lawsuit initiated by Connecticut Attorney General William Tong in 2020 seeking to hold the oil major accountable.

    By • July 30, 2024
  • Tree on stack of silver coins and crystal globe
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    Wanan Yossingkum via Getty Images
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    SBTi: ‘Clear risks’ to using carbon credits to offset emissions

    Recent research from the climate target validation organization found that “various types of carbon credits are ineffective in delivering their intended mitigation outcome.”

    By • July 30, 2024
  • Team of workers install rooftop solar.
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    Adam Kaz via Getty Images
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    Opinion

    The US lacks enough skilled clean energy workers, but solutions are close at hand

    To build successful clean energy manufacturing businesses in the U.S. while revitalizing our domestic industrial base, companies need to take responsibility for developing the workforce their growth depends on.

    By Chris Dougher • July 30, 2024
  • Paris town hall draped with the city's 2024 Olympic logo and a plaza with people.
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    Pascal Le Segretain via Getty Images
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    Olympics aim to boost UN’s sustainable development goals

    The Olympics’ governing body and France held a pre-opening summit to discuss how to use sports to drive the United Nations’ 2030 sustainability targets.

    By • July 29, 2024
  • Computer screen shows data, images & moving graphics associated with climate change.
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    Laurence Dutton via Getty Images
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    Data platform Paces nabs $11M to scale clean energy development

    The new funding will help the company improve its platform, enhance its data intelligence and make certain data tools more available throughout the United States.

    By • July 29, 2024
  • DHL cargo planes sit on the tarmac.
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    Marco Prosch via Getty Images
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    DHL inks sustainability partnerships with Google, Envision

    The logistics company signed two deals focused on reducing emissions generated by its global shipping network and increasing its investments in sustainable aviation fuel.

    By • July 26, 2024
  • An exterior shot of the U.S. Department of Labor's headquarters.
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    Kate Tornone/ESG Dive
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    Labor Dept. defends ESG rule in a post-Chevron landscape

    An ongoing challenge to a rule allowing pension fund managers to consider ESG factors stands as a litmus test under a recent Supreme Court ruling.

    By • July 26, 2024