Sustainability: Page 6

  • House Financial Committee Chair Patrick McHenry
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    Kevin Dietsch via Getty Images
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    House GOP members probing federal membership in green finance network

    Leaders of the House Financial Services Committee are conducting an investigation into the participation of U.S. agencies in the Network for Greening the Financial System.

    By • Sept. 17, 2024
  • Actor Matt Damon speaks onstage at a Clinton Global Initiative event.
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    Spencer Platt via Getty Images
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    Matt Damon-backed WaterEquity pulls $100M+ from Microsoft, Starbucks, others for new climate fund

    The Water & Climate Resilience Fund aims to make safe water or sanitation accessible to 15 million people based across Africa, Asia and Latin America.

    By • Sept. 16, 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
  • Heavy smoke clouds of carbon emissions spew from three cylindrical columns rising from a factory in the background, partly obscured by trees, with the roof of a house barely visible in the foreground.
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    Mark Wilson via Getty Images
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    EPA issues violation notice to ADM over carbon sequestration permit

    The violation relates to corrosion in a monitoring well at the agricultural supply chain company’s second injection site that has since been plugged and did not affect surface or groundwater, ADM said in a statement.

    By • Sept. 16, 2024
  • a hand sticks a fork in a salad in a disposable cup
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    Giuseppe Lombardo via Getty Images
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    EPA expands recommended ecolabels for food service ware purchases

    It’s the first time in nearly 10 years the agency is evaluating new recommendations of standards for sustainable federal purchasing. EPA said it would accept comments on the proposed updates for 30 days.

    By Maria Rachal • Sept. 16, 2024
  • Gary Gensler is in focus speaking with a finger raised in front of a name card. An aide sits behind him out of focus.
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    Kevin Dietsch via Getty Images
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    SEC disbands its climate and ESG enforcement task force

    The Securities and Exchange Commission said it will return its attention to greenwashing if it sees another spike in risk, an agency spokesperson told ESG Dive.

    By • Sept. 13, 2024
  • GM CEO Mary Barra and Hyundai Motor Group Executive Chair Euisun Chung signing the collaboration agreement while seated at a table covered in a black table cloth.
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    Courtesy of Hyundai Motor Group
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    GM, Hyundai plan global alliance on EVs, clean-energy tech

    The potential collaboration aims to reduce automaker costs and deliver a wider range of vehicles and emerging technologies to market faster.

    By Eric Walz • Sept. 13, 2024
  • Wall Street
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    Spencer Platt via Getty Images
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    Big banks pressed to stop financing livestock production over climate concerns

    An open letter singles out JPMorgan Chase, Bank of America and other institutions for their support of food giants like JBS, saying lending activities undermine the sector’s environmental commitments.

    By Sarah Zimmerman • Sept. 13, 2024
  • Shirt on a hanger with a recycling tag attached.
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    BlackSalmon via Getty Images
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    ClimeCo unveils certification program for sustainable products

    The environmental services company’s new certification aims to help companies communicate their sustainability initiatives and consumers make informed purchasing decisions.

    By • Sept. 12, 2024
  • Rep. Bill Huizenga speaks with his glasses in his right hand at a congressional hearing.
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    Chip Somodevilla via Getty Images
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    House Financial Services panel hearing probes proxy advisors’ ESG influence

    Rep. Bill Huizenga, R-Mich., said advisors are becoming “de facto standard setters” for governance, while a witness compared them to consultants who help investors “sift through mountains of data.”

    By • Sept. 12, 2024
  • Blue, red and purple store sign saying Patagonia
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    Michael M. Santiago / Staff via Getty Images
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    Patagonia joins sustainable packaging initiative aimed at protecting forests

    The retailer is collaborating with environmental nonprofit Canopy to develop paper products using agricultural waste and non-forest fibers.

    By Kelly Stroh • Sept. 12, 2024
  • Google New York City Headquarters, Manhattan
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    Michael M. Santiago via Getty Images
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    Google taps direct air capture startup for latest carbon removal deal

    The tech giant will purchase carbon removal credits from Holocene for $100 per ton of carbon dioxide, a price tag considered to be the lowest on record for direct air capture technologies.

    By • Sept. 11, 2024
  • The Bank of America logo is displayed on the side of a Bank of America branch office January 20, 2010 in San Francisco, California.
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    Justin Sullivan / Staff via Getty Images
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    BofA closes $205M tax equity deal for carbon capture, clean fuel credits

    Bank of America will purchase carbon capture and clean fuel production tax credits in a novel financing deal with biofuels producer Harvestone Low Carbon Partners.

    By • Sept. 11, 2024
  • Close-up view of legacy Keurig Green Mountain single-serve K-Cup coffee pods.
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    Joe Raedle via Getty Images
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    Keurig Dr Pepper to pay $1.5M to settle charges over recyclability claims

    The U.S. Securities and Exchange Commission says the beverage company omitted from filed documents some important information about testing the curbside recyclability of its K-Cup coffee pods. 

    By Katie Pyzyk • Sept. 11, 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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    Workiva, Visual Lease team up to boost sustainability reporting

    The partnership between the ESG reporting software firm and the lease management platform will allow mutual clients to accurately report progress on their sustainability goals.

    By • Sept. 10, 2024
  • Farmer discing his field as giant wind turbines overlook.
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    Mark Alexander via Getty Images
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    White House announces $7.3B financing for rural clean energy projects

    The federal funding will support 10 GW in clean energy projects lowering electricity costs for cooperative utilities in 23 states, the White House said.

    By Ethan Howland • Sept. 10, 2024
  • Logo of the U.S. EPA printed on a window
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    Justin Sullivan via Getty Images
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    EPA issues first set of carbon storage draft permits for Texas

    The Environmental Protection Agency’s permits will allow Oxy Low Carbon Ventures to store approximately 722,000 metric tons of carbon dioxide annually in three underground wells.

    By • Sept. 9, 2024
  • The exterior of Nasdaq headquarters.
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    Michael M. Santiago via Getty Images
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    Nasdaq partners with Crux to help companies access clean energy tax credits

    The team-up will grant Nasdaq ESG Solution clients access to Crux’s platform of clean energy project developers and manufacturers to purchase transferable tax credits.

    By • Sept. 9, 2024
  • A Volvo SUV driving down a road
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    Courtesy of Volvo
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    Volvo scales back its EV goals

    In 2021, the automaker pledged to be fully electric by 2030. Now, the company is abandoning that goal, focusing instead on “electrified” models.

    By Haley Cawthon • Sept. 9, 2024
  • A view of the exterior of the Morgan Stanley headquarters.
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    Stringer via Getty Images
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    Morgan Stanley drops plastic pollution financing goal

    A spokesperson for the bank told ESG Dive it would no longer have the standalone goal due to data availability and quality challenges as required climate disclosures near.

    By • Sept. 6, 2024
  • People seen protesting for climate change.
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    David McNew via Getty Images
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    Where Climate Action 100+ stands after member exodus, GOP probes

    The investor-led group has lost out on a few notable members this year amid heightened scrutiny surrounding ESG and climate initiatives.

    By , • Sept. 6, 2024
  • A commercial building bears rooftop solar panels facing the twilit skyline of Atlanta, Georgia
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    Lisa-Blue via Getty Images
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    CleanCapital, Sunrock to deploy solar, battery storage in US communities

    CleanCapital’s senior director of investments and capital markets said the partnership will allow the companies to accelerate the nation's energy transition “where it matters most.”

    By • Sept. 5, 2024
  • HSR reviews, antitrust law, big tech genai acquisitions
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    David Becker via Getty Images
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    Microsoft launches decarbonization team to slash supply chain emissions

    The new three-member team will help Microsoft tackle scope 3 emissions generated by purchased goods and services and those produced by its cloud and artificial intelligence operations.

    By • Sept. 5, 2024
  • A worker installs solar panels at the construction site of a new solar energy park as wind turbines spin behind on April 06, 2023 near Prenzlau, Germany.
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    Sean Gallup via Getty Images
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    US wind energy investment soars while solar stagnates: BloombergNEF

    While solar companies struggle to find investors, interest in wind and geothermal projects is booming, according to an analysis by BloombergNEF.

    By Emma Penrod • Sept. 5, 2024
  • A row of Coca Cola bottles stand in containers in a grocery store.
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    Justin Sullivan via Getty Images
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    Coca-Cola must face greenwashing lawsuit: D.C. Appeals Court

    The appeals court reversed a prior dismissal, ruling environmental nonprofit Earth Island Institute made plausible allegations the beverage company overstates its environmental efforts.

    By • Sept. 4, 2024
  • A man fills up a fuel truck with biodiesel.
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    David Paul Morris via Getty Images
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    Oxylus Energy nabs $4.5M for clean fuel tech

    The climate tech company said the funding will help develop and scale its carbon conversion project which produces green methanol — an alternative fuel that can help slash emissions.

    By • Sept. 4, 2024