Corporate Governance: Page 7

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    Vanguard to add four more funds to investor proxy choice program

    The expansion would make nearly 10 million investors eligible for the program, which will span 12 funds representing nearly $1 trillion in assets under management.

    By • June 3, 2025
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    Megan Quinn/ESG Dive
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    Congress revokes Advanced Clean Trucks waiver, creating ambiguity for refuse fleets

    Last week, the U.S. Senate passed a resolution revoking waivers allowing California to implement several zero-emissions truck policies. The change will ease requirements even as a transition continues.

    By Jacob Wallace • June 2, 2025
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    Trendline

    Top 5 stories from ESG Dive

    This year has shaped up to be a formative one for ESG, from the U.S. pulling out of major climate agreements to federal agencies recalibrating their approach to sustainability under the new administration.

    By ESG Dive staff
  • Natural gas fired turbine power plant with it's cooling towers rising into a cloud filled blue sky.
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    Ron and Patty Thomas via Getty Images
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    DOE cancels $3.7B in carbon capture, decarbonization awards

    Calpine, PPL Corp., Ørsted and Exxon Mobil are among the companies affected by the decision.

    By Ethan Howland • June 2, 2025
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    imacoconut via Getty Images
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    Clean power deployments neared record in Q1, but development pipeline growth slowed: ACP

    Utility-scale solar and energy storage have made inroads in the Midwest and South, but political uncertainty could quash the momentum, the American Clean Power Association said.

    By Brian Martucci • May 30, 2025
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    bymuratdeniz via Getty Images
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    Human rights abuse documented in global leather supply chain

    A new report from the Fair Labor Association uncovered violations including child labor and discrimination.

    By Howard Ruben • May 30, 2025
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    Laurence Dutton via Getty Images
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    Sustainability platform Watershed launches free global emissions database

    The database aims to help companies “address critical gaps in emissions reporting data to inform more impactful climate action.”

    By • May 29, 2025
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    iStock Editorial via Getty Images
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    Labor Dept. drops Biden-era ESG fiduciary rule

    The agency will no longer defend the rule allowing retirement plan managers to consider ESG factors and intends to work through a new rulemaking process on the topic “as expeditiously as possible.”

    By • May 29, 2025
  • Los Angeles's downtown skyline enveloped in smog.
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    David McNew via Getty Images
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    Congress votes to rescind California vehicle emissions waiver

    Clean vehicle advocates say air quality and public health would suffer while auto and petroleum industry lobbyists support ending California’s authority under the Clean Air Act.

    By Dan Zukowski • May 29, 2025
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    Kevin Dietsch via Getty Images
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    FTC, DOJ weigh in on Republican states’ coal antitrust case against ‘Big Three’ asset managers

    The federal agencies urged the court to reject BlackRock, Vanguard and State Street’s motion to dismiss the lawsuit brought by Texas AG Ken Paxton and 10 other states.

    By • May 28, 2025
  • Bags of beans and rice are displayed at a Walmart store.
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    Justin Sullivan via Getty Images
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    Walmart, Mondelēz, Mars, Nestlé leave the US Plastics Pact

    Multiple major members appear to have recently exited the group, which is gearing up to pursue refreshed 2030 sustainability targets. Meanwhile, some other companies have doubled down on participation for the next five years.

    By Maria Rachal • May 28, 2025
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    Kent Nishimura via Getty Images
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    House-passed budget bill sparks concerns from clean energy industry

    While the nuclear industry saw some positive changes from a committee-passed version, further updates to the IRA structure prompted concerns from clean energy and sustainable investing groups.

    By • May 27, 2025
  • Beverage bottles with Pepsi branding sit on a store shelf.
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    Michael M. Santiago via Getty Images
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    PepsiCo resets packaging sustainability goals, ditches reuse target

    The company discontinued some sustainability goals and revamped others for packaging and emissions. PepsiCo says the goals are still ambitious and reflect external challenges to achieving targets.

    By Katie Pyzyk • May 27, 2025
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    Drew Angerer via Getty Images
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    Microsoft tops Google for ‘world’s largest biochar carbon removal’ deal

    The tech giant signed a 10-year agreement with Exomad Green for 1.24 million tonnes of biochar removals, surpassing a high-water mark set by Google in January.

    By • May 22, 2025
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    Permission granted by O-I Glass
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    Q&A

    Inside glass manufacturer O-I’s sustainability targets

    The glass company recently ramped up its 2030 targets. Sustainability Director Sonya Pump discussed the philosophy around goal-setting, including a focus on energy efficiency and assessing opportunity with evolving technologies.

    By Maria Rachal • May 22, 2025
  • A black "Lululemon" sign features the red and white brand logo and white lettering, hanging in front of a leafy tree.
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    Daphne Howland/ESG Dive
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    Lululemon taps ex-Nike CSO for senior sustainability role

    Noel Kinder will oversee the apparel brand’s internal and external green strategies in his role as senior vice president of sustainability.

    By • May 21, 2025
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    Courtesy of Reju
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    Reju prepares to commercially expand its polyester recycling

    The company expects to open its first large-scale plant and eventually plans to regenerate as many as 300 million articles per year.

    By Lara Ewen • May 21, 2025
  • A Federal Express cargo plane flies over Nickerson Beach on July 20, 2022 in Lido Beach, New York, United States.
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    Bruce Bennett/Getty Images via Getty Images
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    FedEx buys SAF from Neste for express cargo delivery at LAX

    The 3 million gallons of fuel will be used for delivery at Los Angeles International Airport and will account for roughly one-fifth of FedEx’s fuel consumption at the airport.

    By • Updated May 21, 2025
  • A wind turbine against a background of a blue sky and clouds.
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    Jezperklauzen via Getty Images
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    Stop work order on Empire Wind 1 lifted, Equinor resumes construction

    Statements from New York Gov. Kathy Hochul and Interior Secretary Doug Burgum imply that the restart approval was related to conversations about the state’s natural gas pipeline capacity.

    By Diana DiGangi • May 21, 2025
  • An image of the largest crude oil by rail unloading terminal in the United States with smoke billowing out of multiple smokestacks.
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    Spencer Platt via Getty Images
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    Pennsylvania judge dismisses county climate lawsuit against oil majors

    A judge ruled that state courts lacked the subject matter jurisdiction to settle Bucks County’s case because its stated claims are “so intertwined with emissions.”

    By • May 20, 2025
  • An aerial view of the Shotwick Solar Energy Park on February 25, 2025 in Deeside, Wales.
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    Christopher Furlong via Getty Images
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    Solar companies compete to advance tandem cell technology

    Companies like Qcells, Trinasolar and LONGi are betting on perovskite and silicon tandem technology and achieving recent breakthroughs in stability and efficiency.

    By Diana DiGangi • May 20, 2025
  • A sign is seen at the Microsoft headquarters on July 3, 2024 in Redmond, Washington.
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    David Ryder via Getty Images
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    Microsoft inks another forestry-based carbon offtake deal

    The deal with Rubicon Carbon is “one of the largest single-buyer commitments of its kind” globally and will deliver 18 million tonnes of credits over a 15-20 year period.

    By • May 20, 2025
  • Wind turbines stand behind a solar power park.
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    Sean Gallup via Getty Images
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    GOP supporters of IRA clean energy credits outline reconciliation bill recommendations

    Fourteen Republicans asked to maintain the tax credit transferability mechanism through the phase-out period and make two other adjustments to the clean energy tax credit changes.

    By • May 19, 2025
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    Oklo looks to Trump to hasten nuclear permitting

    The advanced nuclear company aims to submit its reactor license application to the U.S. Nuclear Regulatory Commission later this year. 

    By Brian Martucci • May 19, 2025
  • Workers at Honda of Canada Manufacturing in Allison, Ontario pose with a 2025 dark blue Civic hybrid during its production start in June 2024.
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    Courtesy of Honda Canada Inc.
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    Honda postpones $11B EV production investment in Canada

    The automaker is delaying the plan by at least two years while seeking increased production in the U.S. for multiple models to avoid tariffs.

    By Eric Walz • May 19, 2025
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    Congressional Dems press US financial institutions on climate alliance exits

    “Leaving doesn’t eliminate climate-related financial risk; instead, it diminishes your capacity to monitor and address that risk collaboratively,” a letter from over 40 lawmakers said.

    By • May 16, 2025