Finance
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CARB delays emissions reporting deadline by 3 months
The agency said it will delay the compliance deadline for California’s SB 253 — the Climate Corporate Data Accountability Act — and propose “limited changes.”
By Lamar Johnson • June 26, 2026 -
Luxury EV-maker Lucid Motors laying off 18% of US workforce, COO resigns
The layoffs follow a 12% reduction of the company’s workforce in February following the launch of the Gravity SUV, its second model.
By Eric Walz • June 26, 2026 -
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TrendlineTop 5 stories from ESG Dive
The landscape for ESG continues to shift, as U.S. exits from major climate agreements and organizations are juxtaposed with states forging ahead with their own climate disclosure laws.
By ESG Dive staff -
Chemours agrees to $450M PFAS settlement with US government
The EPA accused the chemical giant of releasing forever chemicals into rivers near the company’s facilities in North Carolina, New Jersey and West Virginia. In some instances, without the required permits.
By Sara Samora • June 26, 2026 -
Green economy surpasses $10 trillion in market capitalization: LSEG
Green companies accounted for 9.9% of market capitalization in 2026, and green mergers represent 13.4% of M&A activity in the past decade, according to the London Stock Exchange Group.
By Lauren Schenkman • June 25, 2026 -
UN secretary general urges AI giants to disclose environmental impact
António Guterres called on artificial intelligence companies to make 2030 commitments, as part of a plan for achieving global energy independence and reaching net-zero by 2050.
By Lamar Johnson • June 23, 2026 -
4 out of 5 companies can’t measure sustainability’s financial impact
“While science and target setting have moved forward, valuation tools and financial methodologies have lagged behind,” the KPMG report states.
By Maura Webber Sadovi • June 23, 2026 -
Frontier Climate adds Anthropic to buyers group, makes new financing pledge
The company behind AI tool Claude joins the carbon removal purchasing group, which also announced $915 million in new financing commitments.
By Lamar Johnson • June 22, 2026 -
Companies are struggling to integrate climate resilience enterprise-wide
Companies are increasingly aware of physical climate risk, but struggling to turn that recognition into climate resilience, according to a new paper.
By Lamar Johnson • June 18, 2026 -
Microsoft, Alaska Air-backed SAF plant opens in Washington
E-fuel developer Twelve’s Moses Lake facility in central Washington state will produce sustainable aviation fuel from captured carbon dioxide, water and renewable energy at a commercial scale.
By Lamar Johnson • June 16, 2026 -
Judge overturns DOE’s cancellation of $82.1M in clean energy grants
The plaintiffs argued the 11 projects were targeted because they were located in states that voted for former Vice President Kamala Harris in the 2024 presidential election.
By Diana DiGangi • June 16, 2026 -
NYC comptroller launches search for new pension fund asset managers
The hunt for new public equity index services providers comes after the city’s former comptroller recommended dropping BlackRock and Fidelity over their lack of climate policies.
By Lamar Johnson • June 15, 2026 -
Customers take more money out of Citizens over ICE ties
The Greater Boston Interfaith Organization is withdrawing an additional $2 million from its Citizens accounts. Two Massachusetts state representatives pledged to do so as well, with one planning to remove $100,000.
By Gabrielle Saulsbery • June 11, 2026 -
Google, American Airlines sign long-term corporate SAF deal
The deal will enable Google to claim environmental benefits for employee travel and provide financial backing for American Airlines to sign a new long-term offtake deal for sustainable aviation fuel.
By Lamar Johnson • June 10, 2026 -
Banks’ fossil fuel financing increased 8% in 2025: report
The world’s largest banks committed $906 billion to fossil fuel financing, with funding for expansion rising 27%, according to the latest Banking on Climate Chaos report.
By Lamar Johnson • June 9, 2026 -
TD Bank inks 10-year carbon removal deal with Deep Sky
The bank will purchase over 18,000 verified direct air capture carbon dioxide removal credits from the Canadian CDR project developer.
By Zoya Mirza • June 9, 2026 -
Q&A
Institutional investors have governance concerns about SpaceX IPO: Morningstar director
The Elon Musk-owned company will debut on stock exchanges June 12. Institutional investors, however, have concerns about board composition and share structure, Morningstar’s Lindsey Stewart told ESG Dive.
By Lamar Johnson • June 8, 2026 -
JPMorgan signs carbon offtake and financing deal with Charm Industrial
The bank will provide the carbon removal startup $20 million in debt financing to expand its Colorado facility and purchase 61,500 tons of bio-oil removals.
By Lamar Johnson • June 5, 2026 -
US eyes new tariffs for China, EU, Mexico and more after labor probes
The potential levies of either 10% or 12.5% would apply to 60 trading partners, although the proposal listed several product exemptions.
By Max Garland • June 5, 2026 -
7 states sue Trump administration over TotalEnergies offshore wind lease buyout
The lawsuit calls the deal a “sham settlement agreement to unlawfully cancel an offshore wind lease and redirect the money paid for the lease to a separate, unauthorized use favored by the President.”
By Diana DiGangi • June 4, 2026 -
Global initiative releases draft framework for corporate social disclosures
The draft guidance from the Taskforce on Inequality and Social-related Financial Disclosures is designed to help companies disclose governance and oversight of issues related to workers, consumers and communities.
By Lamar Johnson • June 3, 2026 -
Deloitte upgrades UK, EU sustainability chief to CSO for new EMEA business
Company veteran Smruti Naik-Jones — most recently CSO for Deloitte UK and North and South Europe — will lead sustainability strategy for the firm’s Europe, Middle East and Africa business.
By Zoya Mirza • June 3, 2026 -
Accounting and finance pros value making their mark on ESG issues
The opportunity to play a role in social and environmental matters is a key aspect of a potential employer’s appeal.
By David McCann • June 3, 2026 -
Democratic finance officers rebut Republican assertions to credit agencies: Exclusive
The state and local finance officers sent a letter to Fitch, Moody’s and S&P last month urging the companies to maintain “independent, forward-looking” risk assessments as part of their ratings frameworks.
By Lamar Johnson • June 2, 2026 -
Cities push Congress to avert water infrastructure funding cliff
With enhanced funding from the Biden-era infrastructure law set to expire and proposed federal cuts on the table, local government and water groups are urging lawmakers to reauthorize key drinking water and wastewater programs.
By Robyn Griggs Lawrence • June 2, 2026 -
Wells Fargo CEO: AI’s effect on employment is ‘complicated’
The bank's biggest AI-related challenge is determining how the technology can transform its business model and how the lender should respond, Charlie Scharf said Wednesday.
By Caitlin Mullen • June 1, 2026