The Latest
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Trump order directs federal contractors to dump DEI — or risk canceled contracts
Departments and agencies have until April 25 to insert a clause in their contracts that requires contractors and subcontractors to not engage in “racially discriminatory DEI activities.”
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Sean Gallup via Getty Images
TotalEnergies reassessing 2050 net-zero ambitions, won’t set transition plan
The French energy company won’t be able to set a transition plan or net-zero targets because European regulations require such plans to align with the Paris Agreement’s goal of limiting warming to 1.5 degrees Celsius, which may be out of reach.
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Businesses prepping for California EPR and recyclability laws amid lawsuit
A lawsuit filed last week centers on SB 343, California’s forthcoming labeling law. But SB 54 concerns loom. “It’s a lot to balance in one year,” said Liz Morris of Anthesis Group.
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PepsiCo hits pair of water replenishment, stewardship targets
The food and beverage giant has a goal to become net water positive or replenish more water than it consumes by 2030.
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Alamy
BlackRock’s GIP backs $250M debt facility for energy-as-a-service provider
EaaS provider Budderfly said the $250 million in funding from Global Infrastructure Partners, and an option for an additional $100 million in financing, expands the total debt facility to $550 million.
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CFOs don’t expect large AI labor impact this year: report
Though CFOs expect AI to affect their teams’ overall composition, current investments in the technology remain focused on bolstering productivity rather than cost reduction, a National Bureau of Economic Research survey found.
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Investor groups sue SEC over no-action process policy changes
The agency’s changes to the shareholder proposal process violate the Administrative Procedure Act, the complaint from As You Sow and the Interfaith Center on Corporate Responsibility alleges.
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XGS inks partnership to advance Meta’s New Mexico geothermal plant
The deal links Baker Hughes’ geothermal experience with XGS’ technology to develop a 150-MW geothermal system for the social media company.
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Cities struggle to meet drinking water PFAS standards by EPA deadline
Communities are grappling with how to fund removing PFAS “forever chemicals” from their water supplies, experts said during a National League of Cities panel.
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TotalEnergies accepts $1B offshore wind buyout, pivots to oil and gas in US
Under the terms of the settlement, the company said it will invest an equal amount in the development of U.S. gas and power production and exports.
Updated March 24, 2026 -
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Apparel industry not decarbonizing fast enough: report
Recent years have seen only marginal improvement, far below what is required to meet international climate targets.
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Courtesy of Ford Motor Co.
Layoffs delayed at Kentucky EV battery plant
Ford recently announced it was dissolving BlueOval SK, a $11.4 billion EV battery joint venture and its largest manufacturing commitment in the company’s history.
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GreenBiz26: Working as a sustainability team of one
“I realized very quickly that the sustainability budget was the hiring decision,” Hamilton Company’s sustainability manager said at the annual sustainable business conference.
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White House calls for ‘minimally burdensome’ federal AI rules
The administration urged Congress to avoid creating new federal rule-making bodies for AI and instead lean on existing agencies and industry-led standards.
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EU companies pursue sustainability reporting despite CSRD rollbacks: report
Reporting, while no longer mandatory for some companies, has already become integrated with financial strategy and risk management, findings from a recent survey suggest.
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Melissa Sue Gerrits via Getty Images
Tesla, LG to build $4.3B battery plant as part of supply agreement
The Michigan manufacturing facility is scheduled to open in 2027 and will provide batteries for Tesla’s Megapack 3 utility-scale energy storage systems.
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Jon Cherry via Getty Images
Cities sue EPA over endangerment finding repeal
A dozen cities and counties join states in challenging EPA’s rescission of a cornerstone climate rule, which leaves cities “to bear the costs of hotter summers, dirtier air, and extreme weather,” Denver’s mayor said.
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Permission granted by Fervo Energy
Fervo geothermal plant gets $421M in debt financing from Barclays, HSBC, more
Such non-recourse financing “has historically been considered out of reach for first-of-a-kind projects,” Fervo’s chief financial officer said.
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Sean Gallup / Staff via Getty Images
Google aims to remove 200,000 tons of carbon by converting waste from landfills
Google’s partnership with AMP Robotics has a two-fold purpose: to cut the tech giant’s carbon footprint and curb methane emissions generated by landfill waste.
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Abhishek Chinnappa via Getty Images
Reliance Industries, Samsung subsidiary sign $3B deal for green ammonia
The India-based energy giant signed a 15-year deal with Samsung’s construction and trading business, marking “one of the largest binding long-term green ammonia” agreements globally.
Updated March 19, 2026 -
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Chanel unveils first climate transition plan, outlines net-zero strategy
The plan outlines how the global luxury brand plans to meet its sustainability targets and reach net-zero by 2040.
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Fintan Trimble via Getty Images
Firms plan to boost supply-chain agility as tariff turmoil persists
“What we’re seeing now is uncertainty reentering the system at exactly the wrong time,” KPMG’s Brian Higgins said.
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Permission granted by Returnity
Inside FedEx’s reusable shipper rollout
Years in the making, Returnity collaborated with the logistics giant on a specialized design that’s meant to be durable, tamper-resistant, collapsible, automation-friendly, and easy to scan and unpack.
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Spencer Platt via Getty Images
Net-Zero Asset Owners Alliance updates guidance, unveils transition targets
The latest guidance includes quantitative climate solutions investment targets and introduces a target category to support companies in high-emitting sectors with credible transition plans.
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Joe Raedle via Getty Images
BP threatened with court action for not distributing shareholder proposal
The disagreement centers on the legality of a submission from Follow This, which requests that the oil major disclose strategies for creating shareholder value.
