Sustainability: Page 7

  • A firefighting helicopter drops water over a wildfire in Los Olivos, California on July 6.
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    Mario Tama via Getty Images
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    ESG controllers: The newest finance hires

    Depending on the company’s structure, the specialized controllers often report to the corporate controller or the CFO, Deloitte’s Kristen Sullivan said. 

    By Maura Webber Sadovi • Sept. 4, 2024
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    sanjeri via Getty Images
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    Vanguard supported zero E+S proposals in 2024: report

    The lack of support for environmental and social proposals comes after the nation's second-largest asset manager supported just 2% in 2023.

    By • Sept. 3, 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
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    AzmanL via Getty Images
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    Q&A

    5 keys to strong organizational sustainability governance: MorganFranklin Consulting

    Andrew Rizkallah, who leads the firm's ESG advisory services, explained how to beef up key reporting processes or start from scratch.

    By • Aug. 30, 2024
  • Three people wearing goggles and business suits holding a red ribbon.
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    Courtesy of The Chemours Co.

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    Chemours opens EV battery innovation center in Delaware

    The research and development facility will focus on developing and improving lithium-ion batteries for electric vehicles.

    By Sara Samora • Aug. 30, 2024
  • Vehicles pass the Phillips 66 Los Angeles Refinery Wilmington Plant
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    Mario Tama via Getty Images
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    Major oil and gas firms ramp up voluntary ESG reporting: EY

    Regulatory and shareholder pressure is elevating sustainability reporting to a key priority on par with a firm’s financial and operational performance, an EY report suggests.

    By Suman Bhattacharyya • Aug. 30, 2024
  • An oil pumpjack is seen near a field of wind turbines
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    Brandon Bell via Getty Images
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    American Sustainable Business Council sues Texas over anti-ESG law

    The organization alleged that the 2021 law violates its members rights to speech and free association, as well as due process, and are seeking an injunction.

    By • Aug. 29, 2024
  • Three people in safety gear talk at the top of a building under construction.
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    ljubaphoto via Getty Images
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    US clean energy jobs grew 4.2% in 2023: DOE

    The U.S. added clean energy jobs at more than twice the rate of the broader economy, according to the Department of Energy.

    By Robert Walton • Aug. 29, 2024
  • Meta's logo outside of the company's headquarters
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    Justin Sullivan via Getty Images
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    Meta inks geothermal deal for data centers

    Meta’s deal with Sage Geosystems will provide up to 150 megawatts and be the first use of next-gen geothermal east of the Rocky Mountains.

    By • Aug. 28, 2024
  • DOT headquarters in Washington, D.C., showing the name of the department.
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    Retrieved from FHWA.
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    Low-carbon materials a ‘huge opportunity’ to green the transportation sector

    The Department of Transportation is releasing $800 million to reimburse builders for using cleaner construction products, Federal Highway Administrator Shailen Bhatt said

    By Julie Strupp • Aug. 28, 2024
  • Hawaii wildfires litigation
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    Justin Sullivan via Getty Images
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    Hawaii $4B fire settlement would prevent insurers’ clawback claims

    A deal to resolve hundreds of lawsuits from the devastating 2023 Maui fires could collapse without a resolution on insurers’ recoupment rights against defendants.

    By Justin Bachman • Aug. 28, 2024
  • A close-up of a plastic water bottle in a bucket of ice as the Sun shines down on a hot Summer day.
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    cmannphoto via Getty Images
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    Deer Park water owner has microplastics greenwashing suit dismissed

    Earlier this month, a federal judge ruled that the class-action complaint against BlueTriton was preempted by federal law, but the plaintiffs recently amended their complaint.

    By • Aug. 27, 2024
  • Worker inside Toyota's $1.3 billion EV plant in Georgetown, Kentucky.
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    Courtesy of Toyota
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    DOE doles out another $50M to support EV manufacturing

    The Biden-Harris administration said the funding will go to six states with “significant automotive workforces” to help suppliers adapt their facilities.

    By Haley Cawthon • Aug. 27, 2024
  • Amcor logo
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    Permission granted by Amcor
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    Global packaging giant Amcor releases decarbonization road map

    Redesigning packaging to weigh less, use fewer materials and incorporate lower-carbon materials is part of the company’s efforts to reach SBTi-validated 2033 emissions reduction targets.

    By Maria Rachal • Aug. 27, 2024
  • Flags fly above the entrance of the BlackRock offices.
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    Andrew Burton via Getty Images
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    BlackRock hit with cease-and-desist by Indiana secretary of state

    The Hoosier State alleged 54 counts of securities violations in what BlackRock called “a politically motivated attack.”

    By • Aug. 26, 2024
  • Close up of a large conference table with chairs in a meeting room in the high-rise office building
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    peterschreiber.media via Getty Images
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    ESG leadership increasingly leaning on in-house legal teams: report

    As regulatory and litigation pressure weighs on companies, general counsels are taking a more active role in ESG strategies, per a recent survey conducted by Corporate Counsel and Morrison Foerster.

    By Suman Bhattacharyya • Aug. 26, 2024
  • Wind turbines operate at a wind farm in Coachella Valley, as vehicles drive on a highway below.
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    Mario Tama via Getty Images
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    First national U.S. green bank launches with IRA funding

    The Coalition for Green Capital said it’s open for business and seeking to build a U.S. network of green banks that will mobilize capital for clean energy.

    By • Aug. 23, 2024
  • Uber sign on office building in New York City.
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    Michael M. Santiago via Getty Images
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    Uber taps former Tesla exec to oversee sustainability strategy, shift to EVs

    Rebecca Tinucci, previously Tesla’s head of charging, will oversee the ride-share giant’s transition to becoming an emissions-free mobility platform by 2040.

    By • Aug. 23, 2024
  • Close-up of a wrap label on a Diet Coke beverage bottle that says "I'm a 100% Recycled Bottle"
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    Maria Rachal/ESG Dive
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    Coca-Cola ‘on track’ for packaging recyclability goal, ‘behind plan’ on recycled content target

    In an environmental update, the beverage giant reported that progress on reusable packaging formats and recyclability was stagnant in 2023 while its rate of recycled PET use ticked up.

    By Maria Rachal • Aug. 23, 2024
  • A man walks into a BlackRock office building.
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    Andrew Burton via Getty Images
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    BlackRock’s support for E+S proposals whittles away in 2024 proxy season

    The nation’s largest investment manager noted a rise in shareholder proposals focused on environmental and social matters and  anti-ESG filings.

    By • Aug. 22, 2024
  • A row of Ford F-150 Lighting pickups parked inside the automaker's Rouge Electric Vehicle Center in Michigan.
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    Courtesy of Ford Motor Co.
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    Ford scraps electric SUV plans, delays next-generation truck

    The automaker is taking a $400 million hit as it shifts its electrification strategy yet again.

    By Haley Cawthon • Aug. 22, 2024
  • The World Bank headquarters shown at night.
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    Win McNamee via Getty Images
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    World Bank raises $6.5B for pair of sustainable development bonds

    The two transactions pulled in over 300 orders and attracted capital from a diverse investor group, including bank treasuries, central banks and asset managers.

    By • Aug. 22, 2024
  • The NASA logo is displayed at a booth.
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    Ethan Miller via Getty Images
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    NASA launches greenhouse gas detection instrument

    The Tanager-1 satellite aims to detect the source of methane and carbon dioxide emissions on Earth from space and provide “actionable data” to help reduce these emissions.

    By • Aug. 21, 2024
  • Landfill worksite
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    Fortson Photography / Duane Long

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    Qnergy to expand methane conversion efforts to curb Utah’s emissions footprint

    Amid super pollutant risks, Qnergy is working to scale its methane conversion toolset by working with municipalities and waste management firms, CEO Ory Zik told ESG Dive.

    By Suman Bhattacharyya • Aug. 21, 2024
  • The U.S. Securities and Exchange Commission seal hangs on the facade of its building.
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    Chip Somodevilla via Getty Images
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    Friend or foe: Unpacking what the amicus briefs say about the SEC’s climate rule

    Amicus briefs in the Securities and Exchange Commission’s ongoing lawsuit concerning its climate disclosure rule find institutional investors and businesses largely on opposite sides.

    By • Aug. 20, 2024
  • The General Motors logo.
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    Mario Tama/Staff/Getty Images News via Getty Images
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    General Motors to lean on solar power for three assembly plants

    The car manufacturer has signed a 15-year renewable power purchase agreement to support its operations at three assembly plants located in Michigan and Missouri.

    By • Aug. 20, 2024