The Latest

  • The exterior of the U.S. Capitol building is seen
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    Jemal Countess via Getty Images
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    Witnesses combat House panel report of ‘collusion’ on decarbonization

    A day after the Judiciary Committee’s report, witnesses from Ceres, Arjuna Capital and CalPERS disputed claims alleging their work constitutes antitrust violations.

  • The Microsoft logo is displayed in New York City.
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    Drew Angerer via Getty Images
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    Microsoft leans on forest management for carbon removal credits

    The tech giant will purchase over 970,000 nature-based carbon removal credits derived from Anew Climate’s expansive portfolio of afforestation projects across the U.S.

  • Looking down on rows of solar panels in a green field.
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    RoschetzkyIstockPhoto via Getty Images
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    NextEra Energy Resources, Entergy strike 4.5 GW solar and storage development deal

    The five-year agreement will allow Entergy to access NextEra Energy’s supply chain and its development expertise to expand Entergy’s renewable energy portfolio.

  • California Attorney General Rob Bonta speaks during a news conference.
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    Justin Sullivan via Getty Images
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    California goes after Big Oil’s ‘illegal’ profits over alleged greenwashing

    ExxonMobil, Shell, Chevron, ConocoPhillips, BP and the American Petroleum Institute may be required to surrender profits gained from false advertising, according to an amended complaint filed Monday.

  • Jim Jordan sits behind a podium with both hands outstretched.
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    Chip Somodevilla via Getty Images
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    House Judiciary: Climate groups and activists ‘colluding’ on decarbonization

    The interim report from the years-long probe accuses groups in the financial system of forming a “climate cartel” that “has declared war on the American way of life.”

  • A group of people in masks stand outside a government building, holding signs in support of affirmative action.
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    Anna Moneymaker via Getty Images
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    DEI backlash won’t halt workplace initiatives, most leaders say

    Nearly all leaders said they believe DEI is important for its positive impact on recruiting, hiring and retention, a survey finds.

  • Committee chairman Rep. James Comer questions witnesses during a House Oversight Committee hearing.
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    Drew Angerer via Getty Images
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    House Oversight Committee probes IRS over ESG policies

    Committee Chair James Comer asked IRS Commissioner Daniel Werfel to explain how the agency ensures state retirement plans invest for the “exclusive benefit” of enrollees.

  • ExxonMobil CEO Darren Woods speaks at a podium
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    Justin Sullivan via Getty Images
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    Vanguard says ExxonMobil made a ‘compelling case’ for its shareholder lawsuit

    The nation’s second-largest asset manager supported Exxon CEO Darren Woods and its board of directors at the energy giant’s May 29 board meeting after concluding it displayed appropriate oversight.

  • Demonstrators prepare to be arrested during a rally outside the White House as part of the 'Climate Chaos Is Happening Now' protest on October 13, 2021 in Washington, DC
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    Chip Somodevilla via Getty Images
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    Deep Dive

    Drive for energy permitting reform fuels tensions between climate, environmental justice advocates

    A simplified permitting process would speed the deployment of clean energy, but some EJ advocates are concerned about unintended consequences.

  • Street signs for the intersection of Wall St. and Broad St., with the stripes of an American flag in the background.
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    Michael Santiago/Getty Images via Getty Images
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    SEC asks organizations to complete diversity self-assessment

    The agency said it will use the voluntary disclosures from its regulated firms to identify any trends and progress on diversity-related activities.

  • Securities and Exchange Commission (SEC) Chair Gary Gensler listens during a meeting.
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    Anna Moneymaker via Getty Images
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    Congressional Dems urge SEC to stay committed to climate disclosure rule

    A group of 38 lawmakers asked the agency to “vigorously defend” its now-stayed final rule in court and enforce previous climate-related guidance in the interim.

  • The ExxonMobil logo displayed at its campus in Houston, Texas.
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    Brandon Bell via Getty Images
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    ExxonMobil’s ongoing war on ESG

    The oil major is forging ahead with legal action against shareholders who pushed for climate action, despite resistance from state funds and finance officials who have rallied against its suit.

    Updated June 11, 2024
  • SEC no-action requests on 2024 shareholder proxy vote proposals
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    Chip Somodevilla via Getty Images
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    SEC views more shareholder proposals as micromanagement efforts

    After a 2021 change in no-action reviews caused a backlash among institutional investors, Securities and Exchange Commission staff appear to side more with companies against activist shareholders. 

  • Transport trucks and cars drive down a highway with windmills in the background
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    David McNew via Getty Images
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    Scope 3 reporting is increasing, but cultural gaps undermine companies’ confidence in results

    Internal considerations, including ROI and buy-in from CFOs and others, may hinder investments in reporting tools, a Reuters survey found.

  • Charging port on the Volvo C40 recharge SUV.
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    Courtesy of Volvo Cars
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    $1.3B earmarked for EV charging network expansion in US

    The Biden-Harris Administration aims to accelerate public and private investment in clean transportation with the historic grant funding.

  • World leaders attended the Climate Ambition Summit at the United Nations Headquarters
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    Kena Betancur via Getty Images
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    ESG conferences to keep on your radar for 2024

    Upcoming events will cover sustainable finance, corporate strategy and governance, climate change, supply chain, social impact and more.

    Updated June 7, 2024
  • The interior of the UN Trusteeship at the UN headquarters.
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    Zoya Mirza/ESG Dive
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    The fashion industry’s ‘urgent need’ for sustainable practices

    It is “incumbent” on the industry to “bring new solutions forward,” said experts and stakeholders at the United Nations Fashion and Lifestyle Network annual meeting.

  • Trees sway along a highway under the stress of hurricane-force winds.
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    Sean Rayford via Getty Images
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    Senate panel worries climate change is pushing insurance markets to the brink

    Witnesses and the committee’s chair drew parallels between the current home insurance market and conditions leading up to the 2007-08 recession.

  • A man in a dark suit stands in front of an audience.
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    Julie Strupp/ESG Dive
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    How climate change is hitting highways

    Resilience is a key consideration for road builders amid a slew of new environmental conditions, said a Federal Highway Administration official at the recent NIBS conference in Washington, D.C.

  • A group of young protesters marching fill the frame with signs that read "Planet Over Profit" and "Climate Justice" with a sunflower sprouting bottom to top as the "i" in climate and "t" in justice.
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    Spencer Platt/Getty Images via Getty Images
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    Sierra Club, NRDC drop legal challenges to SEC climate rule

    The two environmental groups have decided to focus resources elsewhere to improve climate-related financial disclosures.

  • A group of flags on flag poles stand underneath one large blue flag, which features a circle of gold stars in the middle.
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    Johannes Simon via Getty Images
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    2 major EU sustainability and human rights regulations signed into law

    The rules, which ban destruction of unsold textiles among other things, aim to redefine product standards and promote sustainability.

  • A 'Citi' sign is displayed outside Citigroup Center near Citibank headquarters in Manhattan on December 5, 2012 in New York City.
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    Mario Tama via Getty Images
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    Citi boosts paid parental leave to match industry peers

    The bank is giving birth mothers an additional eight weeks of recovery time, bringing total leave to 24 weeks, in line with policies by Morgan Stanley and Barclays.

  • Close up shiny wooden law gavel in dark brown color on top of a wooden table in an office.
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    Stock Photo via Getty Images
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    SEC battles climate disclosure rule legal challenges

    The agency faces nine petitions to the rule consolidated in the U.S. Eighth Circuit of Appeals, including suits collectively co-filed by 25 states.

    Updated June 5, 2024
  • A main street in Vermont is flooded with one person wading through the water.
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    Kylie Cooper via Getty Images
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    Vermont sends climate change tab to fossil fuel companies

    The Green Mountain State passed legislation which holds oil and gas companies financially accountable for damage caused by climate change.

  • Wind turbines seen behind solar panels at a wind farm.
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    Mario Tama via Getty Images
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    Energy Capital Partners secures $6.7B to invest in clean energy industry

    The New Jersey-based private equity firm said its fifth flagship fund would invest in companies focused on power generation, decarbonization and renewable and storage assets.