Finance: Page 7


  • A facade of a portion of the U.S. Department of Agriculture building
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    USDA tells digester funding applicants to remove diversity, climate language

    The announcement means federal funding for anaerobic digesters on dairy farms could be unpaused for applicants willing to change project language.

    By Jacob Wallace • April 9, 2025
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    Scott Olson via Getty Images
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    Shareholder advocacy targets flexible packaging, reusables and recycling labels

    Coca-Cola, Hyatt, Sealed Air, Starbucks and Wyndham recently reached agreements with shareholder advocates. Proposals remain pending at Amazon, Home Depot, Kraft Heinz, Mondelēz, PepsiCo and Wendy’s.

    By Cole Rosengren • April 8, 2025
  • 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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    Melissa Sue Gerrits via Getty Images
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    Opinion

    The missing link: Data’s role in small business disaster recovery

    Businesses and communities need more granular and reliable data to recover in the wake of natural disasters, U.S. Chamber of Commerce Foundation’s Marc DeCourcey and Fiserv’s Vivian Greentree say.

    By Marc DeCourcey and Vivian Greentree • April 8, 2025
  • Solar panels faced up at the sun.
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    Dutch investor AIP Management invests $500M in US solar producer

    AIP will invest half a billion dollars in Silicon Ranch, a full-service solar company and one of the largest U.S. independent power producers.

    By April 7, 2025
  • "Hon. Lee M. Zeldin," as a placard states, sits at a table with a microphone in front of a crowd in a hearing room.
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    Anna Moneymaker via Getty Images
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    DOJ attorney in EPA funding freeze case breaks with Zeldin’s fraud comments

    “You said that there was waste, fraud, abuse,” Judge Tanya Chutkan said to Department of Justice attorney Marc Sacks. “You seem to be abandoning that position now.”

    By Diana DiGangi • April 7, 2025
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    German prosecutors slap $27M greenwashing fine on Deutsche Bank’s DWS

    The Frankfurt Public Prosecutor said statements made by DWS about being an “ESG leader” or ESG being an integral part of its "DNA” did not paint a true picture.

    By April 4, 2025
  • Ford logo
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    Ford asks investors to vote down supply chain emissions proposal

    Shareholder Green Century Capital Management wants the automaker to regularly disclose its strategies for meeting low-carbon steel benchmarks, among others.

    By Haley Cawthon • April 4, 2025
  • A view of numerous trees in a dense forest.
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    Meta signs 10-year forestry-based carbon offtake deal

    In “one of the first known contracts” like it, forest investment and management firm EFM will deliver 676,000 nature-based credits as 68,000 acres of forest transition to climate-smart management.

    By April 3, 2025
  • American Express logo on window
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    Scott Olson via Getty Images
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    Amex says it stopped using diversity goals to set pay last year

    A conservative legal group filed a proposal stating the company should do away with such incentives, but the company said it already shifted away from that practice.

    By Patrick Cooley • April 3, 2025
  • Wells Fargo headquarters in San Francisco is pictured on June 6, 2023.
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    Tennessee ends Wells Fargo probe after bank scraps net-zero target

    The state's attorney general commended Wells Fargo’s “pro-consumer decision to step away from utopian policymaking." Seventeen other states had joined the probe.

    By Rajashree Chakravarty • April 2, 2025
  • Daffodils bloom in the snow outside EPA headquarters.
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    Justin Sullivan via Getty Images
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    EPA denies harm from funding freeze in court filing

    EPA argued that the Greenhouse Gas Reduction Fund freeze would not cause irreparable harm to grantees, while the grantee plaintiffs say the freeze is “potentially fatal” for their operations.

    By Diana DiGangi • April 2, 2025
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    Retrieved from OCC.
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    OCC ends climate risk guidance for large banks

    The Office of the Comptroller of Currency withdrew guidance to help financial institutions managing over $100 billion in total assets identify and manage financial risks related to climate change.

    By April 1, 2025
  • SEC logo is on display outside its building in Washington, D.C.
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    Chip Somodevilla via Getty Images
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    SEC withdraws defense of climate-risk disclosure rule

    The agency will no longer defend its rule requiring companies to disclose certain climate-related risks, a move one commissioner called an attempt to “unlawfully” dismantle the rule.

    By March 28, 2025
  • Committee chairman Rep. James Comer questions witnesses during a House Oversight Committee hearing.
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    Drew Angerer via Getty Images
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    House Republicans probe EPA climate grant recipients

    The House Oversight Committee chair is spearheading an investigation into the eight environmental groups that received funding through the Biden-era Greenhouse Gas Reduction Fund.

    By March 28, 2025
  • A laboratory in which a person in gloves and a lab coat is seen examining liquid in test tubes.
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    Courtesy of Lululemon
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    Lululemon partners with sustainable materials firm to expand bio-based nylon

    The deal with ZymoChem is meant to scale production and commercialize its technology.

    By Laurel Deppen • March 28, 2025
  • ING becomes first global bank with SBTi-validated targets

    The bank set targets to reduce its scope 1 and scope 2 emissions for 2030, as well as portfolio targets related to its fossil fuel financing.

    By March 27, 2025
  • The facade of a JLL office.
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    JLL acquires renewable energy banking firm Javelin Capital

    The global commercial real estate firm said the acquisition will “significantly enhance” the company’s capabilities in the U.S. energy and infrastructure markets.

    By March 26, 2025
  • The Amazon logo seen at Amazon campus in Palo Alto, California on February 18, 2020.
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    Amazon launches carbon credit service through sustainability hub

    The credits will be available to its U.S. supply chain partners, enterprise customers and Climate Pledge signatories with certain emissions reporting, net-zero targets and decarbonization strategies.

    By March 25, 2025
  • Al gore speaks onstage at a climate summit.
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    Bennett Raglin via Getty Images
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    CalSTRS, Microsoft anchor $175M funding round for Al Gore-backed Just Climate

    Just Climate’s Natural Climate Solutions strategy will focus on avoiding emissions from agriculture, forestry and other land use while also delivering “attractive returns.”

    By March 25, 2025
  • A JPMorgan Chase logo stands in front of a building on a city street.
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    JPMorgan rebrands DEI, leaves Net-Zero Asset Managers initiative

    The bank said it will swap “equity” for “opportunity” in its DEI policy and that it left NZAM due to the net-zero group’s operational pause.

    By March 24, 2025
  • Circular Federal Triangle Environmental Protection Agency EPA Washington DC
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    Federal judge blocks EPA’s $14B GGRF funding freeze

    The EPA “proffered no evidence to support their basis for the sudden terminations, or that they followed the proper procedures,” said U.S. District Judge Tanya Chutkan. 

    By Diana DiGangi • March 24, 2025
  • Smoke streaming from the smokestacks of the TECO Big Bend coal-fired power plant in Apollo Beach, Florida
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    BlackRock, Vanguard, State Street seek dismissal of red states’ coal antitrust suit

    The asset managers said the Republican-led states offered “no plausible facts” to support the claim that the three firms conspired to collectively cut coal production in the U.S.

    By March 21, 2025
  • A person looks out over the turbines across the river.
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    Christopher Furlong via Getty Images
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    Amid shifting views on ESG, investors retain climate focus: Berkeley Climate Summit

    Anti-ESG backlash, reporting hurdles and regulatory uncertainty have put sustainability at a crossroads, panelists said.

    By Suman Bhattacharyya • March 19, 2025
  • Business executive seen talking to an engineer in workwear in front of solar panels.
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    Opinion

    Sustainability as strategy: Why smart companies keep ESG policies despite political headwinds

    ESG integration delivers operational benefits that transcend political viewpoints, says Aquent Sustainable Solutions Vice President Jody Mousseau.

    By Jody Mousseau • March 18, 2025
  • SEC pushes back Names Rule compliance dates

    Funds will now have an additional six months to comply with the rule requiring funds’ investment strategies to align with any advertised purposes, like ESG or sustainability.

    By March 18, 2025