HSBC departs Net-Zero Banking Alliance, following US banks

The U.K.-based bank became the latest to exit the United Nations-backed NZBA, following in the footsteps of Wall Street's exodus from climate alliances.

By Lamar Johnson • July 11, 2025

Trump seeks tighter restrictions on wind and solar with executive order

The order seeks to “ensure that policies concerning the ‘beginning of construction’ are not circumvented” by wind and solar projects.

By Diana DiGangi • July 10, 2025

Explore the 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

Mars unveils emissions reduction progress, launches $250M green investment fund

The confectionery giant has reduced its emissions by over 16% from a 2015 baseline, while scaling growth by 69% in the same time frame.

By Zoya Mirza • July 10, 2025

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.

By Lamar Johnson • July 8, 2025

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.

By Lamar Johnson • July 7, 2025

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.

By Zoya Mirza • July 7, 2025

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.

By Diana DiGangi • July 3, 2025

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.

By Diana DiGangi • July 2, 2025

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.

By Lamar Johnson • July 1, 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.”

By Diana DiGangi • June 30, 2025

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.

By Zoya Mirza • June 27, 2025

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.

By Diana DiGangi • June 26, 2025

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.

By Lamar Johnson • June 25, 2025

$1.4B in new clean energy factories, projects canceled in May: E2

Nearly $15.5 billion in clean energy investments have been canceled since the beginning of the year, representing 30 canceled, closed or downsized projects.

By Lamar Johnson • June 24, 2025

Banks reverse course, increase fossil fuel investments in 2024: report

The top four U.S. banks — JPMorgan Chase, Bank of America, Citi and Wells Fargo — represented 21% of the global financing in the latest Banking on Climate Chaos report.

By Lamar Johnson • June 18, 2025

SEC withdraws proposed rules on ESG disclosures, shareholder submissions

The rules were among 14 proposed Biden-era regulations the Securities and Exchange Commission said it would cease the rulemaking process for.

By Lamar Johnson • June 16, 2025

Meta signs geothermal power deal for New Mexico data centers

The tech and social media giant entered an agreement with XGS Energy to help develop 150 MW of geothermal power generation.

By Lamar Johnson • June 13, 2025

Companies are ‘very struck’ by SBTi’s net-zero standard draft changes: Sustainability Roundtable Inc.

James Boyle, CEO of the strategic sustainability advisory firm, said his clients are “definitely concerned” by the “high integrity, challenging standard” SBTi has put forward in its draft.

By Lamar Johnson • June 13, 2025

Atlantic Shores Offshore Wind asks to terminate project’s renewable energy credits

The New Jersey OREC termination is “the closing of a chapter, but not the end for Atlantic Shores,” CEO Joris Veldhoven said.

By Diana DiGangi • June 12, 2025

Transferability is transforming clean energy project finance, say dealmakers

The ability to transfer tax credits has allowed for new investors, new structures and faster deals, experts say, but is threatened by congressional budget proposals.

By Diana DiGangi • June 10, 2025

Local leaders warn U.S. Senate not to pull the plug on clean energy credits

Bipartisan coalition says proposed cuts in the One Big Beautiful Bill Act would threaten jobs and local investments, raise energy costs and create economic uncertainty.

By Robyn Griggs Lawrence • June 10, 2025

GOP lawmakers reiterate asks for clean energy credit tweaks in reconciliation bill

Rep. Jen Kiggans, a Virginia Republican, said “there remains significant room for improvement in preserving the clean energy tax credits” in the Senate’s version of the budget bill.

By Lamar Johnson • June 9, 2025

Climate change will cost your healthcare plan. Analysts want to know how much.

Extreme weather, rising temperatures and increased air pollution all threaten employee health — but executives and finance teams may not be paying attention.

By Ryan Golden • June 9, 2025

Honeywell, Samsung subsidiary, others create SAF Technology Alliance

The SAF Technology Alliance will create an end-to-end integrated solution to turn waste from a feedstock into sustainable aviation fuel to help scale the industry.

By Lamar Johnson • June 6, 2025

Meta, Constellation ink 20-year nuclear power deal to support AI goals

The power purchase agreement will also extend operations at Constellation’s Clinton Clean Energy Center in Illinois for two decades and replace an expiring state tax credit.

By Lamar Johnson • June 5, 2025