The Latest
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The data on climate change’s link to employee deaths, injuries
Exposure to extreme heat, ultraviolet radiation and air pollution poses a serious threat to workers globally, the International Labour Organization said.
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JPMorgan warns clean energy transition could take ‘decades or generations’
New research from the U.S. bank pointed to inflation, high interest rates and geopolitical issues as key roadblocks delaying the shift from fossil fuels to renewable energy.
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Oklahoma group raises red flag on anti-ESG law as Republicans weigh rollback
The Oklahoma Rural Association said municipalities are facing increased borrowing costs, as state representatives look to exempt subdivisions from the law.
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GM Energy rolls out its first vehicle-to-home EV charging products
The bidirectional charging technology allows an electric vehicle’s battery to provide backup power to homes.
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Shell investor to back climate resolution at oil giant’s annual meeting
The news comes shortly after Shell asked investors to reject the sustainability demands put forward by activist investor Follow This.
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General Mills plans to cut dairy emissions 40% by end of decade
The cereal giant is more than halfway to its goal of enrolling 1 million acres in its regenerative agriculture plan, according to the latest corporate sustainability report.
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New York nixes 3 offshore wind projects
The canceled projects represented 4 GW of provisionally awarded capacity, setting the state back in its goal to deploy 9 GW of offshore wind by 2035.
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Apple reports it’s halved emissions since 2015 for goal of carbon neutrality by 2030
The Cupertino, California-based tech giant also set new 2030 goals for clean energy and clean water last week.
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Unilever to scale back ESG pledges focused on plastic usage and diversity
The company’s decision to dial down its sustainability strategy comes shortly after it unveiled ambitious plans to curb its carbon footprint last month.
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Ford, GM, Honda collaborate on standardized scope 3 emissions reporting
A new supplier questionnaire can streamline how suppliers report on climate goals and consumption.
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Net-Zero Asset Owner Alliance’s updated target-setting to cover all private assets
The fourth edition of the protocols will also include guidance for members to set 2030 goals aligned with the Paris Agreement.
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Nestlé rejects proposal to cut reliance on unhealthy products
The Swiss multinational said ShareAction was “targeting the wrong company” with its proposal as it was already making headwinds with its health and nutrition-related goals.
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Centralized HR can reduce racism in hiring, study shows
Researchers submitted 84,000 applications using racially distinctive names and found that racism was more prevalent when callbacks came from individual hiring managers and local stores.
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House GOP spearheads legislation to strike down SEC climate disclosure rule
The Financial Services Committee advanced a Congressional Review Act challenge to the rule by a 28-22 vote split along party lines.
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Formula 1 ‘on track’ to reach net-zero status by 2030 after emissions reduction: report
The international racing body said its carbon footprint decreased by 13% from 2018 to 2022.
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Opinion
The time is ripe for utilities to play a larger role in the energy transition
Utilities should provide upfront support to low- and moderate-income customers customers for residential electrification and decarbonization measures to prevent them from being stuck on the existing fossil fuel systems.
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Texas schools fund adopts ‘ESG skeptical’ proxy voting stance
The move comes after the Lone Star State pulled $8.5 billion from BlackRock last month over its stance on fossil fuels.
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German energy company RWE issues first pair of US green bonds for $2B
This marks RWE’s first foray into the nation’s bond market, with plans to issue $3-3.5 billion in green bonds annually in the U.S. and Europe until 2030.
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BMW, Rimac Technology to co-produce battery tech for EVs
The electric vehicle technology company expects the partnership — its largest and most ambitious yet — will help it become a high-volume Tier 1 automotive supplier.
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Del Monte Foods reports GHG emissions reduction, sets net-zero goal for 2050
The food producer and distributor said it aims to achieve its sustainability goals by making changes to its own operations instead of purchasing carbon credits.
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SBTi walks back carbon offset policy changes after staff backlash
The Science Based Targets initiative backtracked on expanding the use of environmental offsets in corporate scope 3 plans after staff called for its CEO’s resignation.
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CIP acquires 1.3 GW of New York onshore wind projects
Copenhagen Infrastructure Partners made the acquisition through its CI V fund, which has raised billions in capital commitments for greenfield renewable energy investments.
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Capital One shareholders urged to approve scope 3 target-setting proposal
The New York State Common Retirement Fund said the targets are necessary to fully assess the bank’s climate risk exposure and mitigation strategies.
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Toyota clinches $150M for new climate-focused fund
The fund will build on the car manufacturer’s inaugural 2021 climate fund, which has backed climate tech startups and carbon capture and storage companies.
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Henkel to engage packaging suppliers in bid to lower scope 3 emissions
The German consumer goods company behind brands like Dial soaps and Soft Scrub cleaners says about a quarter of its value chain emissions are caused by packaging and raw materials. It’s targeting decreases by 2030.