The Latest

  • The Bank of America logo is displayed on the side of a Bank of America branch office January 20, 2010 in San Francisco, California.
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    Justin Sullivan / Staff via Getty Images
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    BofA closes $205M tax equity deal for carbon capture, clean fuel credits

    Bank of America will purchase carbon capture and clean fuel production tax credits in a novel financing deal with biofuels producer Harvestone Low Carbon Partners.

  • Google New York City Headquarters, Manhattan
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    Michael M. Santiago via Getty Images
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    Google taps direct air capture startup for latest carbon removal deal

    The tech giant will purchase carbon removal credits from Holocene for $100 per ton of carbon dioxide, a price tag considered to be the lowest on record for direct air capture technologies.

  • Close-up view of legacy Keurig Green Mountain single-serve K-Cup coffee pods.
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    Joe Raedle via Getty Images
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    Keurig Dr Pepper to pay $1.5M to settle charges over recyclability claims

    The U.S. Securities and Exchange Commission says the beverage company omitted from filed documents some important information about testing the curbside recyclability of its K-Cup coffee pods. 

  • Larry Fink, CEO of BlackRock, speaks at a roundtable discussion.
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    Sean Gallup via Getty Images
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    FERC greenlights BlackRock’s $12.5B purchase of Global Infrastructure Partners

    The Federal Energy Regulatory Commission approved the transaction on the back of a blanket authorization it first granted the asset management firm in 2010.

  • Computer screen shows data, images & moving graphics associated with climate change.
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    Laurence Dutton via Getty Images
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    Workiva, Visual Lease team up to boost sustainability reporting

    The partnership between the ESG reporting software firm and the lease management platform will allow mutual clients to accurately report progress on their sustainability goals.

  • Farmer discing his field as giant wind turbines overlook.
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    Mark Alexander via Getty Images
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    White House announces $7.3B financing for rural clean energy projects

    The federal funding will support 10 GW in clean energy projects lowering electricity costs for cooperative utilities in 23 states, the White House said.

  • Logo of the U.S. EPA printed on a window
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    Justin Sullivan via Getty Images
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    EPA issues first set of carbon storage draft permits for Texas

    The Environmental Protection Agency’s permits will allow Oxy Low Carbon Ventures to store approximately 722,000 metric tons of carbon dioxide annually in three underground wells.

  • The exterior of Nasdaq headquarters.
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    Michael M. Santiago via Getty Images
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    Nasdaq partners with Crux to help companies access clean energy tax credits

    The team-up will grant Nasdaq ESG Solution clients access to Crux’s platform of clean energy project developers and manufacturers to purchase transferable tax credits.

  • A Volvo SUV driving down a road
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    Courtesy of Volvo
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    Volvo scales back its EV goals

    In 2021, the automaker pledged to be fully electric by 2030. Now, the company is abandoning that goal, focusing instead on “electrified” models.

  • A view of the exterior of the Morgan Stanley headquarters.
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    Stringer via Getty Images
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    Morgan Stanley drops plastic pollution financing goal

    A spokesperson for the bank told ESG Dive it would no longer have the standalone goal due to data availability and quality challenges as required climate disclosures near.

  • People seen protesting for climate change.
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    David McNew via Getty Images
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    Where Climate Action 100+ stands after member exodus, GOP probes

    The investor-led group has lost out on a few notable members this year amid heightened scrutiny surrounding ESG and climate initiatives.

  • Molson Coors beer
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    Christopher Doering/ESG Dive
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    Molson Coors latest company to revise DEI policy

    The beer giant will no longer participate in a scoring system by the Human Rights Campaign and will tie executive incentives to business performance, not “aspirational representation goals.”

  • HSR reviews, antitrust law, big tech genai acquisitions
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    David Becker via Getty Images
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    Microsoft launches decarbonization team to slash supply chain emissions

    The new three-member team will help Microsoft tackle scope 3 emissions generated by purchased goods and services and those produced by its cloud and artificial intelligence operations.

  • A commercial building bears rooftop solar panels facing the twilit skyline of Atlanta, Georgia
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    Lisa-Blue via Getty Images
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    CleanCapital, Sunrock to deploy solar, battery storage in US communities

    CleanCapital’s senior director of investments and capital markets said the partnership will allow the companies to accelerate the nation's energy transition “where it matters most.”

  • A worker installs solar panels at the construction site of a new solar energy park as wind turbines spin behind on April 06, 2023 near Prenzlau, Germany.
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    Sean Gallup via Getty Images
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    US wind energy investment soars while solar stagnates: BloombergNEF

    While solar companies struggle to find investors, interest in wind and geothermal projects is booming, according to an analysis by BloombergNEF.

  • A row of Coca Cola bottles stand in containers in a grocery store.
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    Justin Sullivan via Getty Images
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    Coca-Cola must face greenwashing lawsuit: D.C. Appeals Court

    The appeals court reversed a prior dismissal, ruling environmental nonprofit Earth Island Institute made plausible allegations the beverage company overstates its environmental efforts.

  • A man fills up a fuel truck with biodiesel.
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    David Paul Morris via Getty Images
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    Oxylus Energy nabs $4.5M for clean fuel tech

    The climate tech company said the funding will help develop and scale its carbon conversion project which produces green methanol — an alternative fuel that can help slash emissions.

  • 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. 

  • People speaking during a conference event.
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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.

  • People shop at a Lowe's store in Brooklyn on February 27, 2024 in New York City.
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    Spencer Platt via Getty Images
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    Lowe’s demolishes its DEI programming

    Reports indicate that Lowe’s looked into changing its talent strategy following the Supreme Court’s 2023 college admissions decision.

  • A close-up of a Ford logo
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    Lukas Schulze via Getty Images
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    Ford responds to DEI slowdown, outlines talent strategy

    The car company clarified that it does not use “hiring quotas” or link compensation to “the achievement of specific diversity goals.”

  • Executives are seen speaking during a meeting.
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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.

  • 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.

  • 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.

  • 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.