Sustainability


  • Wind farm and electricity pylons in the desert of Coachella Valley, California.
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    Phil Augustavo via Getty Images
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    Slowing wind installations threaten emissions progress under the IRA: report

    More action on transmission may be needed for the Inflation Reduction Act to reach its full potential on climate, but the success of solar and batteries in particular could also hold policy lessons, an Energy Innovation report said.

    By Emma Penrod • March 1, 2024
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    Matthew Stockman via Getty Images
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    New York sues JBS over ‘misleading’ climate claims

    The state's attorney general is accusing the world's largest meatpacker of exploiting consumers by falsely advertising its products as sustainable.

    By Sarah Zimmerman • Feb. 29, 2024
  • 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 is shaping up to be a formative one for ESG, both on the regulatory and financial front, with the SEC’s climate disclosure rule and the battle over shareholder rights and proposal approvals.

    By ESG Dive staff
  • An all-electric Mercedes-AMG EQS 53 4MATIC+ parked.
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    Courtesy of Mercedes-Benz AG
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    Mercedes-Benz delays EV goal amid slowing demand

    Low-cost EV sales are growing faster than more expensive luxury models, a company executive said.

    By Michael Brady • Feb. 28, 2024
  • A Nokia logo sits illuminated on the wall.
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    David Ramos via Getty Images
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    Nokia commits to net-zero emissions by 2040, accelerating timeline by a decade

    The telecom company also said it will fast-track its existing target of slashing scope 1, 2 and 3 emissions by half by 2030, compared to a 2019 baseline.

    By Feb. 27, 2024
  • Tanker trucks drive past an ExxonMobil oil refinery.
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    Scott Olson via Getty Images
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    ExxonMobil forges ahead with lawsuit against ESG investors

    “The true goal of Exxon's legal attack is preventing shareholders from voting on its greenhouse gas emissions,” said Follow This founder Mark van Baal.

    By Feb. 27, 2024
  • A facade of a Schneider Electric building.
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    Permission granted by Schneider Electric
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    Schneider Electric expects to slash scope 2 emissions with tax credit deal

    Schneider says the tax credit transfer agreement with Engie, which leverages Inflation Reduction Act provisions, will accelerate scope 3 emissions reductions for its clients.

    By Nish Amarnath • Feb. 26, 2024
  • Microsoft logo is seen in the background.
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    Jeenah Moon via Getty Images
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    Microsoft closes on 6-year carbon removal deal with Catona Climate

    The tech giant will purchase carbon removal credits generated through an agroforestry project based in Kenya, working toward its 2030 goal to become carbon negative.

    By Feb. 23, 2024
  • Walmart storefront sign.
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    Kaarin Vembar/ESG Dive
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    Walmart hits supplier emissions goal 6 years early

    The retailer’s vendors have already reported enough projects to fulfill Project Gigaton’s target of cutting 1 billion metric tons of greenhouse gases from its supply chain.  

    By Ben Unglesbee • Feb. 23, 2024
  • Panoramic view of a solar farm in the Appalachian Mountains near Nesquehoning, Pennsylvania.
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    Alex Potemkin via Getty Images
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    Solar, battery storage will be 81% of new electricity generation capacity this year: EIA

    Solar will increase by a record 36.4 GW if additions proceed as scheduled this year, the U.S. Energy Information Administration said.

    By Diana DiGangi • Feb. 22, 2024
  • The eBay logo is displayed on the roof of eBay headquarters.
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    Justin Sullivan via Getty Images
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    Opinion

    A roadmap for corporate ESG reporting: eBay Chief Sustainability Officer

    The e-commerce platform’s chief sustainability officer, Renee Morin, explains how company executives can navigate the changing landscape of sustainability and governance. 

    By Renee Morin • Feb. 22, 2024
  • A sign with a design and the letters "bp" against a blue sky
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    Tim Boyle/Getty Images via Getty Images
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    Chicago sues oil, gas companies to make them pay for ‘climate deception’

    The nation's third-largest city joins dozens of other municipalities and states that have filed similar lawsuits.

    By Ysabelle Kempe • Feb. 22, 2024
  • Pedestrians walk by a Verizon Wireless store.
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    Justin Sullivan via Getty Images
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    Verizon allocates $1B green bond proceeds to renewable energy projects

    The telecommunications provider’s investment builds on its goal to achieve net-zero emissions across its operations by 2035.

    By Feb. 21, 2024
  • A bee sits on a thistle in the UK
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    Nigel Harris via Getty Images
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    Deep Dive

    Biodiversity emerges as an ESG priority in packaging, but measurement could be a challenge

    As international standards evolve, fiber-based packaging companies are in the spotlight. Smurfit Kappa, WestRock, the Sustainable Forestry Initiative and Canopy Planet weigh in on what the increased focus means for the industry.

    By April Reese • Feb. 21, 2024
  • GreenBiz24 logo seen on the wall.
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    Lamar Johnson/ESG Dive
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    Push for climate policy and adaptation lead concerns at GreenBiz24

    More than 2,500 sustainability professionals flocked to Phoenix for the GreenBiz24 conference to hear the industry’s latest insights.

    By Feb. 21, 2024
  • New York State Comptroller Thomas DiNapoli speaks at an event.
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    David Dee Delgado via Getty Images
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    New York pension fund to divest $26.8M from 8 oil companies, including ExxonMobil

    The state pension fund has also set a new goal to commit $40 billion to sustainable investments and climate solutions by 2035.

    By Feb. 20, 2024
  • State regulators give testimony before the House Energy, Climate, & Grid Security subcommittee.
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    Retrieved from House of Representatives.
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    State officials blame federal regulation for higher energy prices: ‘Customers are getting hurt.’

    Proposed federal limits on fossil fuel power plants will further raise costs and weaken reliability, three state energy officials told a U.S. House subcommittee last week.

    By Robert Walton • Feb. 20, 2024
  • a business leader, seen from behind, looking at a screen with complex data visualizations
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    Artem Peretiatko via Getty Images
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    Exclusive: Carbon management platform Gravity Climate joins ESG Data Convergence Initiative

    “The world of private equity has a massive opportunity to influence so many different companies that don't necessarily receive direct pressure,” Gravity Climate’s CEO told ESG Dive.

    By Feb. 20, 2024
  • Aerial view of downtown Galveston, Texas.
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    Thinkstock via Getty Images
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    Sponsored by EnergyCAP

    Using data to secure funding and prove ROI of sustainability projects

    Learn more about how the University of Texas Medical Branch in Galveston used a data-driven approach to optimize its energy usage and advance its sustainability initiatives. 

    Feb. 20, 2024
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    AzmanL via Getty Images
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    Companies struggle with decarbonization due to internal governance, data issues

    Most organizations are committed to decarbonization, but a siloed approach, bureaucracy and data challenges stand in the way of success, an Engie Impact report says.

    By Suman Bhattacharyya • Feb. 16, 2024
  • A person is seen walking into a lululemon storefront.
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    Justin Sullivan/Getty Images via Getty Images
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    Lululemon accused of greenwashing in anti-competition complaint

    Advocacy organization Stand.earth is asking the Competition Bureau Canada to investigate the athletic wear company’s conduct over environmental claims.

    By Laurel Deppen • Feb. 16, 2024
  • People pass the JPMorgan Chase & Co. headquarters on the street.
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    Spencer Platt via Getty Images
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    JPMorgan, State Street exit Climate Action 100+ coalition

    BlackRock also revised its membership after the coalition announced its “phase 2” requirements that signatories enhance their corporate disclosure and implement climate transition plans.

    By Feb. 15, 2024
  • A woman speaks before a full room of attendees showing slides
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    Lamar Johnson/ESG Dive
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    GreenBiz24: US companies seek to understand EU CRSD impact

    While the process may be complex, it is important for companies to recognize they “are not starting from scratch,” Nado Saab, Mondelēz International’s director of ESG reporting told attendees.

    By Feb. 15, 2024
  • A high-voltage transmission line in a field of grain.
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    Damien Verrier via Getty Images
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    US clean energy sector is breaking records but presidential election, other challenges loom: WRI

    “Policymakers, regulators, developers and manufacturers must double down on their efforts to address key challenges,” said the World Resources Institute in a report.

    By Diana DiGangi • Feb. 15, 2024
  • Computer screen shows data, images & moving graphics associated with climate change.
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    Laurence Dutton via Getty Images
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    International Finance Corporation unveils AI-powered tool for ESG analysis

    MALENA can analyze unstructured text from annual reports, sustainability reports, news and impact assessments, according to the IFC.

    By Feb. 14, 2024
  • GMC Hummer EVs on the assembly line at General Motors' Factory ZERO EV plant in Detroit, Michigan.
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    Nic Antaya via Getty Images
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    GM hires former Tesla exec to lead EV battery strategy

    Kurt Kelty was heavily involved in creating Tesla’s first Gigafactory and has been working on lithium-ion batteries since he worked at Panasonic in 1993.

    By Michael Brady • Feb. 14, 2024