Sustainability: Page 7
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Kevin Dietsch / Staff via Getty Images
Big Oil urges Supreme Court to weigh in on Honolulu climate case
The judges will determine whether to take up the oil giant's appeal during a Jan. 10 conference.
By Lamar Johnson • Jan. 6, 2025 -
MattGush via Getty Images
EPA issues permits for California carbon capture and storage facility
Amid local concerns about the health risks the facility could pose, an EPA official said she believes the permits are “protective of the public and the environment.”
By Ysabelle Kempe • Jan. 6, 2025 -
Douglas Rissing via Getty Images
Constellation NewEnergy, GSA ink $840M deal for emissions-free power to federal facilities
The procurement agreement will involve supplying over 1 million megawatt hours of electricity annually over the course of a 10-year contract, the U.S. General Services Administration said.
By Nish Amarnath • Jan. 6, 2025 -
Spencer Platt / Staff via Getty Images
Bank of America, Citigroup, Morgan Stanley latest to exit Net-Zero Banking Alliance
The financial institutions’ decision to leave NZBA comes shortly after Goldman Sachs and Wells Fargo announced they were departing the United Nations-backed climate coalition last month.
By Zoya Mirza • Jan. 3, 2025 -
Ian Dyball via Getty Images
Equinor secures $3B for Empire Wind 1 offshore wind farm
Equinor expects capital investments in Empire Wind 1 to total around $5 billion, including fees for the use of the South Brooklyn Marine Terminal, the company said.
By Diana DiGangi • Jan. 3, 2025 -
FangXiaNuo via Getty Images
Sustainability profession at ‘crossroads’ amid regulation, compliance headwinds: Trellis
Compliance is becoming a bigger part of a sustainability executive’s role, coupled with greater oversight from legal and CFO teams, according to the research firm.
By Suman Bhattacharyya • Jan. 2, 2025 -
Courtesy of Hanwha Group
Qcells finalizes $1.5B DOE loan guarantee for Georgia solar plant
The plant began some production this spring, with plans to start full operations next year.
By Joelle Anselmo • Jan. 2, 2025 -
Laurence Dutton via Getty Images
OpinionHow AI is shaping the future of sustainability
The rapid evolution of artificial intelligence is redefining how industries operate, and its influence on sustainability is no exception, according to PwC’s ESG principal.
By Sammy Lakshmanan • Jan. 2, 2025 -
Justin Sullivan via Getty Images
Walmart to miss 2025, 2030 emissions reduction targets
The retail giant said it will miss its goals to reduce operational emissions because of challenges with energy policy and infrastructure, as well as technology availability.
By Lamar Johnson • Dec. 20, 2024 -
Retrieved from Nostromo Energy on December 19, 2024
Nostromo Energy receives $305M conditional commitment from DOE for thermal energy storage system
If finalized, the loan will support up to 193 IceBrick installations in commercial buildings across California, scaling the ice-based system’s integration with virtual power plants, the company says.
By Nish Amarnath • Dec. 20, 2024 -
Colin Campbell/ESG Dive
EPA grants California waivers for truck, car emissions rules
Opponents to the rules expect the waivers will be short lived with a change in administration coming in January.
By Colin Campbell • Dec. 20, 2024 -
David McNew via Getty Images
White House targets 61-66% GHG reductions by 2035
“Broad participation in the development, implementation, and evaluation of emissions reduction measures will play an important role in reaching the target,” the White House said.
By Lamar Johnson • Dec. 19, 2024 -
Courtesy of Stellantis
Stellantis, Zeta Energy ink deal to develop lithium-sulfur EV batteries
Zeta Energy's lithium-sulfur batteries do not require critical raw materials, such as cobalt, nickel manganese or graphite.
By Eric Walz • Dec. 19, 2024 -
GaudiLab via Getty Images
OpinionPeople are as important as technology for reliable ESG data collection
Driven by various regulatory frameworks, companies of all sizes may need to retool their approaches to data collection to meet compliance timelines in the most effective ways possible.
By Matthew Gardner • Dec. 19, 2024 -
Justin Sullivan via Getty Images
PG&E gets $15B from DOE’s loan office for hydropower, battery buildout
The gas and electric utility company expects the deal to close before President-elect Donald Trump takes office in January.
By Lamar Johnson • Dec. 18, 2024 -
Courtesy of Vanguard Renewables
Vanguard Renewables names new CEO as owner BlackRock looks for growth
The anaerobic digestion company’s former CEO, who held the role since before Vanguard was purchased by a division of BlackRock Real Assets, has departed, the company confirmed.
By Jacob Wallace • Dec. 18, 2024 -
Creative via Getty Images
MN8 Energy inks record 50 MW virtual PPA with Cambridge, Massachusetts
It’s the largest virtual power purchase agreement by a U.S. city and the first time a city will use one to offset residential carbon emissions, according to deal broker Sustainability Roundtable.
By Diana DiGangi • Dec. 18, 2024 -
Drew Angerer via Getty Images
More than 70 investors have left Climate Action 100+ since GOP probe: House Judiciary
The disclosure was made in an interim report that alleges climate coalitions developed a playbook to push “disfavored” companies towards net-zero.
By Lamar Johnson • Dec. 17, 2024 -
Victor Golmer via Getty Images
SAP adds carbon-tracking solution to its cloud-based resource planning toolkit
The Green Ledger tool tracks and accounts for emissions across business units, the technology company said Monday.
By Matt Ashare • Dec. 17, 2024 -
Joe Raedle via Getty Images
Texas AG sues 3M, DuPont over PFAS-linked products
Texas Attorney General Ken Paxton alleged that the companies marketed products containing the forever chemicals as safe, despite knowing of potential harms for over 50 years.
By Lamar Johnson • Dec. 16, 2024 -
Drew Angerer via Getty Images
Supply chains of over 100 fashion brands linked to oil, gas fracking in Texas
Stand.earth identified 107 fashion companies — including H&M, Puma and Adidas — that use textile materials generated by petrochemicals linked to the Permian Basin in a new report.
By Zoya Mirza • Dec. 16, 2024 -
Courtesy of Ford Motor Co.
OpinionThe EV transition is taking time. That’s expected.
If all new car sales right now were EVs — a target for more than a dozen states by 2035 — it would still take at least a decade and likely far longer to fully transition to electric vehicles.
By Trey M. Gowdy • Dec. 16, 2024 -
Stock via Getty Images
E+S proposals grew over decade alongside anti-ESG submissions: report
“Investors show little to no interest in proposals that advocate a political viewpoint without demonstrable economic relevance,” proxy advisory firm ISS-Corporate said in an analysis.
By Suman Bhattacharyya • Dec. 13, 2024 -
CBRE’s climate transition strategy targets supply chain, efficiency actions
Measures to decarbonize include working with clients and suppliers to reduce emissions, which would help decrease its large share of scope 3 emissions, the real estate firm said.
By Joe Burns • Dec. 13, 2024 -
Justin Sullivan via Getty Images
California to ease enforcement action on climate rules for first year of reporting
The California Air Resources Board said it would “not take enforcement action” on entities subject to Senate Bill 253 for incomplete reporting during the first reporting cycle due 2026.
By Zoya Mirza • Dec. 12, 2024
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