The Latest
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Congressional Dems press US financial institutions on climate alliance exits
“Leaving doesn’t eliminate climate-related financial risk; instead, it diminishes your capacity to monitor and address that risk collaboratively,” a letter from over 40 lawmakers said.
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Ikea upgrades regional sustainability manager to CSO
Lena Julle took on the permanent role of chief sustainability officer at the Inter Ikea Group on May 1, after serving as the company’s acting CSO for almost eight months.
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Opinion
Resetting net-zero: What next?
Governments, businesses and investors should seek to maintain long-term investment in competitive technologies while taking a proactive approach to sectors most vulnerable to the current slowdown.
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Q&A
Why a former ESG skeptic is teaching fiduciaries impact investing at MIT
“Not all impact investments are created equal,” said Andrew Lo, a MIT Sloan School of Management professor. “One needs to focus very specifically on what kind of impact they'd like to achieve.”
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Deep Dive
Congress could soon revoke California’s vehicle emissions standards
State and local authority over air quality will be jeopardized if Congress revokes California’s auto emissions limits, experts say.
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Financing gaps for biodiversity conservation persist as corporations look to nature-based solutions
While more corporations have invested in conservation and nature-based carbon credits, experts at DC Climate Week said there are hurdles to closing the funding gap.
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DC’s first climate week highlights net-zero innovations and challenges
More than 4,500 attendees were in the nation’s capital as climate experts and startups look to make Washington, D.C. one of the top climate tech hubs in the U.S.
Updated May 14, 2025 -
Why Giant Eagle pushed back its sustainability deadlines
The grocer adjusted two of its three sustainability strategy cornerstones by updating the benchmarks and moving the completion dates back by five years.
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Coca-Cola to update recycling labels following EU greenwashing complaint
The beverage company did not admit to wrongdoing, but said it will clarify claims about what portions of its bottles are made from recycled products.
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House GOP proposes early phaseout of IRA clean energy tax credits
The House Ways and Means Committee’s draft budget scales back the technology-neutral clean energy investment and production tax credits while leaving carbon capture credits largely intact.
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DEI may go largely unchanged despite Trump attacks, Littler says
However, the firm found that a growing share of employers are concerned about the potential for DEI-related litigation.
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Google announces deals for nuclear projects, cutting superpollutants
The deals with Elementl Power, Recoolit and Cool Effect will provide early stage financing for three nuclear energy projects and eliminate 25,000 tons of superpollutants from the atmosphere.
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Microsoft, EFM ink forestry-based carbon removal deal
The carbon offtake deal with the forest investment and management firm will provide the tech giant 700,000 nature-based credits through 2035.
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NOAA stops tracking cost of extreme weather and climate disasters
The data can't be replicated by city and state governments, scientists say.
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New tool to help fashion brands calculate climate footprint, comply with regulations
Glimpact’s Global Impact Score evaluates companies’ environmental footprint by analyzing 16 indicators — including climate change and ozone depletion — and aggregating them into a single score.
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Opinion
Tackling ESG: 3 keys to getting internal audits in order
CFOs should keep these priority areas in mind as they undergo internal audits and look to set themselves up for long-term ESG reporting success.
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Central bank climate coalition releases near-term scenario planning tool
The Network of Central Banks and Supervisors for Greening the Financial System released the first public tool to examine the short-term impacts of climate change and related policies on the economy.
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Q&A
How CSOs should use AI for sustainability: KPMG’s US ESG lead
KPMG’s Maura Hodge outlines some business opportunities for how companies can use artificial intelligence to aid their sustainability goals.
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States sue Trump administration over halt on wind energy development
Attorneys general from 17 Democratic-led states and D.C. have asked a district court to block Trump’s ban on wind energy approvals and declare it illegal.
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Microsoft builds on carbon removal deal with Stockholm Exergi
The Swedish energy company will now help the tech giant remove 5.08 million metric tons of carbon dioxide over a 10-year period, up from the 3.33 million metric tons committed initially.
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Opinion
What the SBTi’s draft corporate net-zero standard revision means for businesses
The United Nations-backed group’s plan to update its corporate net-zero standard is a “shift toward a more inclusive, globally relevant framework,” says EcoAct’s Ruaridh Welsh.
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House committee proposes annual $250 fee for EVs
Shoring up the Highway Trust Fund with annual federal registration fees for electric and hybrid vehicles is part of the Transportation & Infrastructure Committee’s budget reconciliation proposal.
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Prioritizing sustainability remains the ‘elephant in the room’ for AI: DC Climate Week
“We're now at a stage where AI and data centers that power it are competing directly with humans for land and water and energy,” a Harvard School of Public Health data scientist said.
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Retrieved from BP.
BP’s head of strategy, sustainability to depart amid retreat from low-carbon goal
The oil giant will not replace Giulia Chierchia, who has spearheaded its carbon net-zero mission — an initiative that BP is abandoning — since 2020.
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DOT will cut funds to transportation projects with DEI: Duffy
The U.S. transportation secretary also told funding recipients that they need to cooperate with immigration officers or potentially face civil or criminal prosecution.