Sustainability: Page 8


  • 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
  • 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
  • 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
  • An Uber sticker on a vehicle windshield
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    Spencer Platt via Getty Images
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    Uber and BYD partner to introduce more EVs to global markets

    The project aims to add 100,000 EVs to the ride-hailing platform.

    By Kalena Thomhave • Aug. 20, 2024
  • Climate change protestors are seen marching.
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    Asanka Ratnayake via Getty Images
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    ​​Franklin Templeton, Sun Life subsidiaries join Climate Action 100+ exodus

    The financial institutions’ withdrawals came after Goldman Sachs’ asset management arm announced it was leaving the climate action investor group.

    By Aug. 19, 2024
  • In an aerial view, solar panels are seen on the roof of Woodlands Market on April 25, 2024 in Kentfield, California.
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    Justin Sullivan via Getty Images
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    SunPower’s bankruptcy does not imply similar fates for competing solar companies, analyst says

    Higher interest rates hit SunPower harder than competitors like Sunnova and Sunrun because it relied more on solar financing from loans versus third party options, said Raymond James analyst Graham Price.

    By Diana DiGangi • Aug. 19, 2024
  • Meta headquarters in Dublin's Grand Canal Square on Dec. 10, 2021.
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    Derick Hudson via Getty Images
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    Meta to procure 374 MW of clean energy from RWE solar farms

    The tech conglomerate has signed two power purchase agreements with the German energy company to build on its sustainability goals.

    By Aug. 16, 2024
  • Aerial view of Kansas City with a KC Streetcar present in street
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    TriggerPhoto via Getty Images
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    Federal judge issues permanent injunction on Missouri anti-ESG rules

    The court ruled that a pair of the state’s rules on socially responsible investing are preempted by national laws covering securities and pensions — and also unconstitutional.

    By Aug. 16, 2024
  • A United Airlines plane takes off from San Francisco International Airport in front of the San Francisco skyline on March 13, 2023 in San Francisco, California.
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    Justin Sullivan via Getty Images
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    United Airlines gets sustainable fuel greenwashing lawsuit tossed

    A federal court dismissed a class-action suit brought against the airline that alleged it deceptively advertised its sustainable aviation fuel efforts.

    By Aug. 15, 2024
  • Rendering of LG's $5.5 billion battery plant in Queen Creek, Arizona
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    Courtesy of LG Energy Solution
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    Market headwinds force owners to hit the brakes on EV projects

    Financing woes, soaring material prices and waning demand are causing auto and battery makers to delay jobs, even those that have already started.

    By Sebastian Obando • Aug. 15, 2024
  • A picture of the United Nations logo.
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    Spencer Platt via Getty Images
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    UN urged to include fossil fuel phase-out in climate pact

    A group of 77 Nobel laureates and global leaders said it was “gravely concerned” that the latest iteration of the Pact for the Future did not mention fossil fuels at all.

    By Aug. 14, 2024
  • People pass the offices of Standard Chartered with the company's logo visible on the building.
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    Matt Cardy via Getty Images
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    Standard Chartered unveils account linking clients’ rates to their ESG performance

    The corporate banking product will be first piloted in the bank’s Hong Kong and Singapore markets before a further rollout “in due course.”

    By Aug. 14, 2024
  • Solar panels on the ground with mountains in the background.
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    Solphoto for iStock via Getty Images
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    Ebon Solar to build $942M New Mexico plant

    The manufacturer is the second company to make a massive investment in Albuquerque’s solar sector.

    By Sara Samora • Aug. 14, 2024
  • Colleagues at business meeting in conference room.
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    FangXiaNuo via Getty Images
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    Anti-ESG proposals drove the increase in ESG proxy submissions: Morningstar

    “For the first time, the growth in new resolutions was dominated by proposals from ‘anti-ESG’ filers,” per Morningstar Sustainalytics’ director of stewardship research and policy.

    By Aug. 13, 2024
  • A man smokes outside a Standard Chartered bank location.
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    Matthew Lloyd via Getty Images
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    ​​Standard Chartered scores $235M green loan for Texas solar plant

    The six-year loan will back the development of a 1.35 million square foot plant which will be operated by renewable energy company Trinasolar.

    By Aug. 13, 2024
  • The sign for the EPA is pictured.
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    Justin Sullivan/Getty Images via Getty Images
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    EPA unveils labels for green construction materials

    The program will support the Biden administration’s Buy Clean Initiative to boost lower-carbon building products on federal projects.

    By Julie Strupp • Aug. 13, 2024
  • A stock ticker scrolls behind a Goldman Sachs banner at the stock exchange
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    Chris Hondros via Getty Images
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    Goldman Sachs latest to depart Climate Action 100+

    The firm’s exit follows other high-profile financial institutions that quit CA100+ earlier this year, including JPMorgan Asset Management and State Street Global Advisors.

    By Aug. 12, 2024
  • A person in a Living Ink t-shirt, wearing safety glasses and gloves, works with ink at an industrial station.
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    Permission granted by Living Ink Technologies
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    Alternative inks and coatings aim to increase recyclability and aid sustainability goals

    Recent state legislation seeking to limit carbon black hasn’t progressed yet, but companies are already seeing demand for different approaches using algae, magnetic coatings and more.

    By Hollie Stephens • Aug. 12, 2024
  • Wind turbines spin behind a solar energy park
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    Sean Gallup via Getty Images
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    Blackstone acquires majority stake of renewables engineering firm

    While the terms of the deal with Westwood Professional Services were not disclosed, a Blackstone exec said its transition business has committed $1.3 billion in investments since June.

    By Aug. 9, 2024
  • Microsoft's logo displayed on a wall, surrounded by shadows
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    Drew Angerer via Getty Images
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    Microsoft builds on sustainability suite with new ESG reporting tool

    The new tool allows companies to streamline, simplify and accelerate their reporting process and offers templates for a broad range of ESG standards and frameworks.

    By Aug. 9, 2024
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    Courtesy of Qcells
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    Qcells scores $1.4B DOE loan guarantee for Georgia solar factory

    The facility is expected to create 1,950 jobs and slated to produce 3.3 gigawatts of solar panels per year.

    By Kate Magill • Aug. 9, 2024
  • 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
  • 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