The Latest
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HSBC taps BNP Paribas exec to lead sustainable finance, transition in Asia
The London-based bank said Chaoni Huang would help its clients in the region “decarbonize and invest in new growth.”
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Transportation company Trimac begins Hyundai hydrogen truck pilot
The data collected will aid carriers in building knowledge of hydrogen systems.
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Mercedes settles emissions-cheating lawsuits for nearly $150M
The total value of the multi-state settlement could reach $347 million, according to one state attorney general.
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Ford cancels $6.5B battery supply contract with LG Energy Solution
Last week, the automaker also dissolved its BlueOval SK battery joint venture with SK On as it shifts away from EVs.
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NYC pension delays vote to drop BlackRock, Fidelity
Outgoing Comptroller Brad Lander has urged the New York City Employees Retirement System’s trustees to replace BlackRock and Fidelity over climate policy deficiencies.
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Trump administration halts all large-scale offshore wind projects under construction in US
The action affects five major offshore wind farms under development in federal waters, including the 2.6-gigawatt Coastal Virginia Offshore Wind. The administration cited classified “national security risks” for the move.
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Court agrees to rehear $14B climate funding freeze case
The nonprofit recipients of $14 billion in Greenhouse Gas Reduction Fund grants frozen by the EPA are scheduled to have their case reheard by the full U.S. Court of Appeals for the District of Columbia Circuit in February.
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Frontier inks $44.2M deal with biowaste carbon removal company
Biomass carbon removal and storage platform Nulife GreenTech will remove 122,000 tons of CO2 for Frontier’s buyers, including Google, Stripe and Shopify.
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US sustainable investing hangs on against strong headwinds: report
Sustainable assets rose slightly in 2025 — though its market share shrank — and most asset managers expect to increase sustainable investments next year.
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Anti-DEI legal group asks EEOC to investigate Penguin Random House
While it is not clear that any previous appeal to EEOC has resulted in action from the agency, shifting priorities under the Trump administration may result in a different outcome.
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Whole Foods to launch in-store food waste infrastructure
The Amazon-owned specialty grocer will be the first to deploy Mill Industries’ automated, on-site food recycling technology.
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Despite political backtracking, net-zero commitments rise in 2025: Accenture
The number of the world’s largest companies setting net-zero targets has increased for the fourth year in a row.
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Opinion
Hybrid heating: A bridge to decarbonization or a road to obsolescence for gas utilities?
Combining heat pumps with gas furnaces can help manage winter peaks, lower energy costs and cut carbon emissions. But this approach requires well-structured regulatory frameworks and cost-recovery mechanisms, West Monroe experts write.
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Ford scraps EV plans, shifts to stationary energy storage
The automaker will focus its North American EV development on a new family of smaller, highly efficient and less expensive models.
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EU Parliament approves pact to alter sustainability reporting laws
The bloc now awaits final approval from the European Council to substantially simplify the Corporate Sustainability Reporting Directive and Corporate Sustainability Due Diligence Directive.
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JPMorgan conducted ‘fake’ interviews of Black candidates, lawsuit alleges
The bank’s treatment of the plaintiff is part of a decades-long “unbroken pattern of systemic race discrimination against African Americans,” per the lawsuit.
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SBTi opens pilot for power sector net-zero standard
The Science Based Targets initiative is looking for companies in the energy industry to test the practicality and usefulness of the draft framework.
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Trump issues EO targeting proxy advisers, including ISS, Glass Lewis
The order is directed at the SEC, FTC and DOL with the aim of stymieing the reach of the two proxy advisers, particularly on ESG and DEI-related issues.
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Ford, EV battery manufacturer dissolve joint venture
The automaker’s planned investment in the joint venture announced in 2021 was the largest-ever manufacturing commitment in company history, Ford said at the time.
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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 Dec. 17, 2025 -
Starbucks’ ‘illegal race-based’ DEI at center of Florida AG’s lawsuit
Starbucks said its hiring practices are “inclusive, fair and competitive, and designed to ensure the strongest candidate for every job, every time.”
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Google, CalSTRS, others back $462M funding round for geothermal plant
The funding will support Fervo’s 500-megawatt geothermal power plant in Utah, expected to be the “world’s largest next-generation geothermal development.”
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New York targets power sector carbon allowances in proposed climate regulations
The amendments would reduce the annual budget of CO2 allowances through 2037, including the number of voluntary renewable energy purchases.
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Apple’s environmental, social chief to retire next month
Lisa Jackson, the tech company’s vice president of environment, policy and social initiatives, will depart in late January 2026 without a direct replacement.
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CARB releases draft text for California’s climate disclosure regulations
The proposed text of the rules comes before the holiday season, and the agency expects a hearing on final adoption of SB 253 and 261 in late February.