The Latest
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Microsoft signs offtake deal for waste-to-energy facility CCS retrofit
The deal with Gaia, a Denmark-based carbon removal venture, will deliver the tech giant 2.95 million carbon removal credits with delivery beginning in 2029.
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European Commission proposes simplifying sustainability taxonomy
The changes would reduce the number of reported data points by 89% for financial institutions and 64% for non-financial companies.
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Coach’s leather could pose deforestation threat: report
An investigation by environmental nonprofit Earthsight said the Tapestry-owned brand is at risk of sourcing leather linked to illegal cattle ranching in Brazil.
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Q&A
Amazon releases waste diversion metrics as part of larger sustainability plan
The company says it reached an 85% waste diversion rate in 2024. Amazon’s waste and biodiversity director, Justine Mahler, says that’s driven partly by organics diversion programs and ongoing data collection investments.
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Allianz launches platform to help businesses assess, mitigate climate risks
The group’s commercial insurance unit unveiled CAReS last week, which aims to help companies better understand climate-associated risks and the impact they have on company assets.
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JPMorgan launches carbon market blockchain app
In a bid to boost data standardization and transparency, the bank is working with three global carbon registries to test the viability of tokenizing the voluntary carbon market.
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House passes Senate version of Trump’s megabill, altering clean energy economy
President Donald Trump promised additional executive branch restrictions on wind, solar and EV subsidies in exchange for Freedom Caucus members' support of the bill, Rep. Ralph Norman, R-S.C., said.
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EU legislators work to simplify sustainability reporting requirements
The European Union has delayed sustainability reporting for the CSRD and CSDDD while legislators work to simplify the underlying requirements for businesses.
Updated July 8, 2025 -
Google’s emissions still rising, despite data center decarbonization, energy procurement progress
The search engine and tech conglomerate’s overall emissions are up 51% from a 2019 baseline, despite making headway in procuring carbon-free energy last year.
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Senate passes megabill that curbs IRA tax credits, drops wind and solar tax
The amended bill also offers an exception to the onerous “placed in service” deadline of 2027 for projects that begin construction within a year of its passage.
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House committee clears bill to limit retirement fund managers from using ESG factors
The bill, which reverses course on a Biden-era regulation, would issue a variety of documentation requirements for any use of “non-pecuniary” factors by retirement plan managers.
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Federal agencies, including FERC and DOE, revoke environmental review rules
The agencies eliminated all references to consider climate change, environmental justice and other key environmental issues in their permit reviews, Earthjustice said.
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Opinion
As the GHG Protocol eyes the homestretch in its scope 2 revisions, are the right voices being heard?
A requirement for hourly matching and the dramatic narrowing of the geographies in which companies can make clean energy investments could stifle the voluntary market.
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ESG and sustainability conferences to keep watch for in 2025
Agendas for 2025 events show an increased focus on compliance and how to meet climate goals as companies navigate the current U.S. political environment.
Updated June 30, 2025 -
Senate reverses course on IRA cuts, proposing harsh tax on renewables
Former Trump senior adviser Elon Musk on Saturday said the Senate’s latest draft of the bill “gives handouts to industries of the past while severely damaging industries of the future.”
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Sierra Club drops BlackRock as asset manager over failure to address climate risk
The environmental group’s charitable arm is shifting its funds to Nia Impact Capital and Xponance, which it described as “more financially responsible” investment firms.
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Companies are recalibrating ESG strategies in response to US policy shifts: report
Executives have decided to expand legal oversight of ESG and refine sustainability communication in response to backlash against ESG, a report from The Conference Board found.
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Retrieved from New York State Energy Research & Development Authority on June 26, 2025
New York offering up to $750K for facility decarbonization projects
The Large-Scale Thermal program is accepting applications through July 31 for heating, cooling and hot water systems in single buildings of at least 100,000 square feet or campuses of 250,000 square feet and up.
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K-leather ban reintroduced in US Senate in effort to curb kangaroo skin trade
The Kangaroo Protection Act prohibits the sale and manufacturing of products made from kangaroo skin and carries fines of up to $10,000.
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Consumers care about climate change and expect businesses to act, new report finds
A study from Getty Images found that the vast majority of consumers believe businesses should use their resources to improve society and the environment.
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Senate negotiating IRA tax credits, aims to vote on budget bill Friday
Sen. Kevin Cramer, R-N.D., said there is “work being done” on the residential solar tax credit, which the House and the Senate Finance Committee voted to eliminate.
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‘False solutions’ undermine climate goals at Shein, Lululemon
Five fashion companies strengthened their emission reduction targets but lacked a convincing plan for achieving them, according to NewClimate Institute.
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Over 200 actors call on SAG-AFTRA pension to divest fossil fuels
High-profile actors including Jane Fonda, Don Cheadle and Mark Ruffalo signed onto the campaign urging Hollywood’s pension plan to ditch more than $100 million in fossil fuel investments.
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H&M, Eileen Fisher top fashion environmental scorecard as other brands’ sustainability progress staggers
Climate group Stand.earth graded 42 fashion brands on a scale of “A+” to “F” based on progress they made to decarbonize their supply chains between 2021 and 2023.
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EU Commission nixes proposed anti-greenwashing legislation
The Green Claims Directive is at odds with the Commission’s “simplification agenda,” a spokesperson said.