Finance: Page 2


  • The BlackRock company logo is seen outside of its NYC headquarters
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    Michael M. Santiago via Getty Images
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    BlackRock removed from Texas divestment list after climate alliance exits

    Texas’ comptroller said BlackRock is no longer considered to be “boycotting” fossil fuels and its change in climate alliance participation was “directly related” to the state’s divestment list.

    By June 4, 2025
  • A sign for CitiBank is seen on the bank branch in Manhattan on March 01, 2024 in New York City.
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    Spencer Platt / Staff via Getty Images
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    Citi drops firearms restriction in a bow to GOP pressure

    The bank updated a 7-year-old policy, enacted after the Parkland school shooting, over concerns about “fair access” months after Republicans accused some institutions of political de-banking.

    By Dan Ennis • June 4, 2025
  • Visual displaying components of ESG. Explore the Trendline
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    TarikVision via Getty Images
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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
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    Oli Scarff via Getty Images
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    Barclays mobilized over $687M in climate tech investments since 2020: report

    The British bank’s climate investment arm has a mandate to invest half a billion pounds into equity capital in climate tech startups between 2020 and 2027.

    By June 3, 2025
  • Wall Street sign with U.S. flags in background
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    lucky-photographer via Getty Images
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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
  • DC Climate Week attendees eat lunch with the Capitol in focus in the background
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    Permission granted by Cedric Craig for DC Climate Week
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    Q&A

    How Washington D.C.’s first climate week came together

    Behind the scenes with DC Climate Week co-founders C’pher Gresham and Vid Mićević on how they, and over 200 volunteers built towards the first weeklong climate event in the nation’s capital.

    By June 2, 2025
  • 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
  • A brown Department of Labor sign in front of a beige building under a clear blue sky.
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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
  • U.S. flag flies above the Department of Justice building
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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
  • Close-up of BlackRock logo.
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    Michael M. Santiago via Getty Images
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    BlackRock’s GIP to buy controlling stake in Eni carbon capture business

    Global Infrastructure Partners is aiming for a 49.99% controlling stake in the Italian energy major’s carbon capture and storage holdings.

    By May 27, 2025
  • The dome of the U.S. Capitol is seen at night
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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
  • The United States, Capitol Dome.
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    Yaya Ernst via Getty Images
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    House’s 60-day deadline for IRA eligibility would trigger ‘scramble’: EY experts

    “From a commercial perspective, it's not a unilateral decision most of the time on whether you can begin construction,” said Greg Matlock, a tax leader at EY Americas.

    By Diana DiGangi • May 27, 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
  • 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
  • Wall Street
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    Spencer Platt via Getty Images
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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
  • A huddle of people stand in front of a concrete building. The weather is slightly overcast, and the masonry on the building includes some Greek columns.
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    Maddie Meyer / Staff via Getty Images
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    Q&A

    Why a former ESG skeptic is teaching fiduciaries impact investing at MIT

    “Not all impact investments are created equal,” said Andrew Lo, a MIT Sloan School of Management professor. “One needs to focus very specifically on what kind of impact they'd like to achieve.”

    By May 15, 2025
  • A panel of four speakers looks at a woman asking a question at DC Climate Week
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    Permission granted by Cedric Craig for DC Climate Week
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    Financing gaps for biodiversity conservation persist as corporations look to nature-based solutions

    While more corporations have invested in conservation and nature-based carbon credits, experts at DC Climate Week said there are hurdles to closing the funding gap.

    By May 14, 2025
  • Longworth Congressional Building
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    Win McNamee via Getty Images
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    House GOP proposes early phaseout of IRA clean energy tax credits

    The House Ways and Means Committee’s draft budget scales back the technology-neutral clean energy investment and production tax credits while leaving carbon capture credits largely intact.

    By Brian Martucci • May 13, 2025
  • Google New York City Headquarters, Manhattan
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    Michael M. Santiago via Getty Images
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    Google announces deals for nuclear projects, cutting superpollutants

    The deals with Elementl Power, Recoolit and Cool Effect will provide early stage financing for three nuclear energy projects and eliminate 25,000 tons of superpollutants from the atmosphere.

    By May 12, 2025
  • The Microsoft pavilion stands at the 2025 Hannover Messe industrial trade fair on March 31, 2025 in Hanover, Germany.
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    Sean Gallup via Getty Images
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    Microsoft, EFM ink forestry-based carbon removal deal

    The carbon offtake deal with the forest investment and management firm will provide the tech giant 700,000 nature-based credits through 2035.

    By May 12, 2025
  • President Trump standing with a group of men and pointing his finger in front of a pile of rubble.
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    Win McNamee via Getty Images
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    NOAA stops tracking cost of extreme weather and climate disasters

    The data can't be replicated by city and state governments, scientists say.

    By Robyn Griggs Lawrence • May 12, 2025
  • Bill Nye gesturing seated next to Arcadia CEO Kiran Bhatraju with a DC Climate Week sign in the far right of the image.
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    Permission granted by Cedric Craig for DC Climate Week
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    DC’s first climate week highlights net-zero innovations and challenges

    More than 4,500 attendees were in the nation’s capital as climate experts and startups look to make Washington, D.C. one of the top climate tech hubs in the U.S.

    By Updated June 2, 2025
  • A smoky haze seen in front of the Empire State Building.
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    David Dee Delgado via Getty Images
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    Central bank climate coalition releases near-term scenario planning tool

    The Network of Central Banks and Supervisors for Greening the Financial System released the first public tool to examine the short-term impacts of climate change and related policies on the economy.

    By May 8, 2025
  • A wide view of a hearing room in the U.S. Capitol with members of Congress and staffers.
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    (2025). "https://www.youtube.com/live/XhheK2197-8?si=FLXzFrXpEFreLvHx" [Video]. Retrieved from T&I Committee Republicans/YouTube.
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    House committee proposes annual $250 fee for EVs

    Shoring up the Highway Trust Fund with annual federal registration fees for electric and hybrid vehicles is part of the Transportation & Infrastructure Committee’s budget reconciliation proposal.

    By Dan Zukowski • May 7, 2025
  • The HSBC sign and logo pictured outside a bank branch.
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    Matt Cardy via Getty Images
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    HSBC pressed on net-zero by $1.6 trillion investor group at annual meeting

    Some 30 investors called on the bank to “urgently affirm” its commitment to its climate goals and prioritizing net-zero emissions across its operations.

    By May 5, 2025
  • Dozens of large, white containers in a fenced lot in the desert.
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    Retrieved from Wikimedia Commons.
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    US solar, battery manufacturing to expand through 2027 despite uncertainty: Anza Renewables

    This year, Anza sees tighter supplies and higher prices for U.S.-made solar cells and battery components as tariffs push buyers toward domestic options.

    By Brian Martucci • May 5, 2025