Sustainability: Page 32
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Verizon launches annual industry wide climate risk survey
The telecommunications provider’s move to expand its risk analysis comes in the wake of an environmental and health scandal earlier this year.
By Lamar Johnson • Nov. 17, 2023 -
CalPERS aims to double climate investments to $100B by 2030
The country’s largest pension fund said it would integrate ESG into its investment strategy and divest from companies “without credible net-zero plans.”
By Zoya Mirza • Nov. 16, 2023 -
Explore the Trendline➔
Alexander Koerner via Getty ImagesTrendlineThe 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 -
(2021). [Photograph]. Retrieved from Office of the Texas Governor.Deep Dive
The ESG battle: 4 key states shaping regulatory discourse in the US
Left-leaning California and New York and conservative-led Florida and Texas have stepped up regulatory measures to underscore ESG’s role — or lack thereof — in their jurisdictions.
By Lamar Johnson , Zoya Mirza • Nov. 16, 2023 -
Sustainable Apparel Coalition CEO to step down
Amina Razvi will leave the nonprofit coalition of fashion industry brands in December.
By Laurel Deppen • Nov. 16, 2023 -
New York AG’s ‘first of its kind’ lawsuit against PepsiCo seeks plastic pollution accountability
Letitia James sued PepsiCo for allegedly “harming the public and the environment with its single-use plastic packaging.” The complaint slams PepsiCo’s “misleading” plastic reduction efforts and recycling claims.
By Maria Rachal • Nov. 16, 2023 -
US not on track to meet global warming targets, report warns
Current climate adaptation efforts and investments are “insufficient” to reduce today’s climate-related risks, according to the Fifth National Climate Assessment.
By Zoya Mirza • Nov. 15, 2023 -
Deep Dive
The food industry is all in on regenerative agriculture. Can farmers be convinced?
Companies are racing to capitalize on a burgeoning industry focused on reducing emissions in agriculture. But first, they'll have to prove it's profitable to go green.
By Miranda Lipton • Nov. 15, 2023 -
Banks might dodge EU’s supply chain sustainability regulations
The proposed carveout for financial institutions would exclude them from having to submit climate transition plans.
By Lamar Johnson • Nov. 14, 2023 -
ESG and sustainability conferences to keep on your radar for 2024
Upcoming events will cover sustainable finance, corporate strategy and governance, climate change, supply chain, social impact and more.
By Zoya Mirza , Lamar Johnson • Updated June 7, 2024 -
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 -
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 -
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Sponsored by Ameresco2030 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 -
Deep Dive
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