Finance
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GOP attorneys general probe Science Based Targets initiative
A coalition of 23 state attorneys general are seeking information on SBTi and its recently rolled out net-zero standard for financial institutions.
By Lamar Johnson • Aug. 15, 2025 -
Homeowners rush to install solar ahead of expiring tax credits
Business is booming for residential solar installers, but with an important residential tax credit expiring at the end of this year, the increase could be short-lived.
By Meris Lutz • Aug. 15, 2025 -
Explore the Trendline➔
TarikVision via Getty ImagesTrendlineTop 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 -
Marsh issues insurance policy on US-based carbon removal project with ‘innovative’ financing
The policy will protect Chestnut Carbon from the risk of not delivering carbon credits to Microsoft from a 60,000 acre afforestation project it’s developing in the American south.
By Lauren Schenkman • Aug. 15, 2025 -
Renewable power purchase agreement prices rising in wake of One Big Beautiful Bill Act
The average price of new wind and solar power purchase agreements is up 4% since the OBBBA’s passage. Almost a third of developers surveyed said they plan to suspend or cancel projects as a result of the reconciliation bill.
By Emma Penrod • Aug. 14, 2025 -
Nuveen raises $1.3B for energy and power infrastructure fund
The fund will look to capitalize on a global growing need for power associated with artificial intelligence, digitalization and electrification.
By Lamar Johnson • Aug. 13, 2025 -
Glencore completes takeover of Li-Cycle battery recycling assets
Lithium-ion battery recycler Li-Cycle filed for bankruptcy earlier this year and cut most of its staff in North America. A European commodities firm submitted a $40 million bid for its assets in May.
By Jacob Wallace • Aug. 12, 2025 -
BlackRock, Vanguard, State Street bid to dismiss coal antitrust case fails
A federal judge ruled that the case against the nation’s largest asset managers can proceed, as the states have alleged plausible claims.
By Lamar Johnson • Aug. 11, 2025 -
Trump takes aim at alleged debanking of conservatives
An executive order the president issued Thursday demands that regulators remove reputational risk from evaluations and review complaint data for instances of religion-based debanking.
By Gabrielle Saulsbery • Aug. 11, 2025 -
Over 300 organizations ask EU to preserve scope and rigor of sustainability legislation
Financial institutions, companies and advocacy groups released a joint statement calling for the European Union to maintain key aspects of the CSRD and CSDDD.
By Lauren Schenkman • Aug. 8, 2025 -
UBS quits Net-Zero Banking Alliance, joins global exodus
The Swiss lender follows in the footsteps of banking peers who have departed NZBA this year, but said its “commitment to sustainability remains unchanged.”
By Zoya Mirza • Aug. 7, 2025 -
EPA considers terminating $7B Solar For All program
If the Trump administration moves forward to claw back the funding, “we will see them in court,” said Kym Meyer, litigation director at the Southern Environmental Law Center.
By Diana DiGangi • Aug. 7, 2025 -
ISS Sustainable Solutions acquires geospatial risk modeling firm
The Institutional Shareholder Services subsidiary bought Sust Global for an undisclosed price to allow investors to incorporate additional climate risk insights into their portfolio assessments.
By Lamar Johnson • Aug. 6, 2025 -
State finance officials press US asset managers to denounce ESG, climate
A coalition of 26 Republican state finance officials sent letters to executives at 25 firms, pushing them to denounce climate and net-zero commitments.
By Lamar Johnson • Aug. 4, 2025 -
Barclays exits Net-Zero Banking Alliance, follows HSBC
The British bank has become the latest to depart NZBA, trailing behind HSBC and other major financial institutions who have also left the group.
By Zoya Mirza • Updated Aug. 4, 2025 -
(2021). [Photograph]. Retrieved from Office of the Texas Governor.
US states have passed 11 anti-ESG bills in 2025 so far: report
A total of 106 bills opposing ESG were introduced in state legislatures this year, but few were passed, according to a report from Pleiades Strategy.
By Lauren Schenkman • July 31, 2025 -
ISS, Glass Lewis sue Texas AG over state’s newest anti-ESG law
The nation’s top two proxy advisory firms are seeking a preliminary injunction to stop a Texas law targeting such firms from taking effect in September.
By Lamar Johnson • July 29, 2025 -
SEC declines to confirm whether climate disclosure rule will be upheld if it survives litigation
The agency told an appeals court it “does not intend to review or reconsider” the rule but did not confirm whether it would enforce it if legal challenges against the rule fail.
By Zoya Mirza • July 25, 2025 -
Meta leans on $900M Enbridge solar investment to power Texas data centers
The tech and social media conglomerate will purchase 100% of the power generated by the 600 megawatt Texas solar plant owned by the Canada-based energy developer.
By Lamar Johnson • July 24, 2025 -
Trump’s big bill is ‘tough but constructive’ for renewables: NextEra
Analysts on the call were skeptical of NextEra’s claims that the company could avoid losing tax credits for its projects.
By Emma Penrod • July 24, 2025 -
DOL rescinds Biden-era letter on Citi racial equity proposal
The program, which Citi said was never implemented, was slated to provide “diverse managers” with a competitive advantage, an agency official wrote.
By Emilie Shumway • July 23, 2025 -
SBTi unveils final net-zero standard for financial institutions
The Science Based Targets initiative’s FINZ framework is the first to guide the sector through the net-zero journey, including setting both near- and long-term portfolio targets.
By Lamar Johnson • July 22, 2025 -
How Microsoft is leaning on carbon removal solutions to cut its climate footprint
The tech giant has invested in a plethora of CDR solutions this year to cut its emissions and meet net-zero goals, ranging from biochar to marine carbon dioxide removal deals.
By Zoya Mirza , Lamar Johnson • July 21, 2025 -
Utilities may speed renewable projects under new tax credit timeline: Jefferies
Utilities “with renewables-heavy plans” may accelerate wind and solar projects by several years in order to qualify for the new one-year safe harbor period, according to Jefferies.
By Diana DiGangi • July 21, 2025 -
Opinion
How retail energy suppliers can navigate the new federal energy policies
Key strategies include buying renewable energy certificates now, leveraging data and predictive analytics and growing market share.
By Nainish Gupta • July 18, 2025 -
BlackRock integrates RepRisk’s ESG data into portfolio management software
The deal will give global asset managers and owners access to RepRisk’s data on material ESG risks to companies through the Aladdin platform and expand BlackRock’s company coverage.
By Lamar Johnson • July 17, 2025