3M, other chemical manufacturers score win in PFAS case

The Sixth Circuit of the U.S. Court of Appeals in Cincinnati found the plaintiff could not tie the “forever” chemicals in his blood to the 10 named defendants.

By Lamar Johnson • Nov. 29, 2023

American Airlines inks deal with Bill Gates-backed carbon removal startup

The Fort Worth-based airline is the first commercial customer for Graphyte and is purchasing 10,000 tons of carbon removal credits.

By Zoya Mirza • Nov. 29, 2023

Cargill accelerates efforts to end deforestation in South America as EU regulations loom

One of the world's largest commodities traders is moving up its timeline to eliminate land use conversion from supply chains in Argentina, Brazil and Uruguay. 

By Sarah Zimmerman • Nov. 28, 2023

Bloomberg tool to map data based on UN Sustainable Development Goals

The company said the enterprise tool is the first to allow investors to assess how corporations are impacting the UN’s 2030 agenda.

By Lamar Johnson • Nov. 28, 2023

Deloitte, EY partner with tech to accelerate clients’ sustainability goals

Deloitte is linking up with IBM, while EY collaborates with AspenTech, as the two consulting firms look for software tools to help mitigate companies’ carbon footprint.

By Zoya Mirza • Nov. 28, 2023

NYU’s Stern calls for system overhaul in ESG ratings

Environmental, social and governance investing should center on companies’ impacts on the environment and society rather than shareholder profit, the report argues.

By Lamar Johnson • Nov. 27, 2023

Starbucks introduces oversight committee to improve governance

The coffee chain said the Environmental, Partner and Community Impact committee will help improve its supply chain operations and employee relationships.

By Zoya Mirza • Nov. 22, 2023

Global Reporting Initiative proposes climate change, energy standards

The key focus of the two proposals is on how organizations can cut their greenhouse gas emissions and reduce energy consumption.

By Lamar Johnson • Nov. 22, 2023

Amazon prioritizing ESG in procurement, but gathering data is ‘increasingly painstaking’

Buyers said getting information from suppliers is difficult because of research and data collection challenges combined with time constraints.

By Zoya Mirza • Nov. 21, 2023

Southwest Airlines updates sustainability strategy to meet 2050 net-zero goal

The airline wants to save more than a billion gallons of jet fuel by 2035 and eliminate single-use plastics from flights by 2030.

By Lamar Johnson • Nov. 21, 2023

BlackRock nabs $1B for energy transition infrastructure fund

The Evergreen Infrastructure fund aims to invest in businesses focused on energy security and has already acquired a portfolio of renewable investments.

By Lamar Johnson • Nov. 20, 2023

JPMorgan to include low-carbon power generation in climate risk calculations

The bank said it would reduce financing in the oil and gas sector and increase financing for zero- and low-carbon power generation as part of its new “Energy Mix” policy.

By Zoya Mirza • Nov. 20, 2023

Environmental groups call on FTC to stop pair of Big Oil mergers

ExxonMobil’s and Chevron’s proposed mergers with Pioneer Natural Resources and Hess Corp., respectively, are two of the largest M&A deals in industry history and allegedly infringe on antitrust laws.

By Lamar Johnson • Nov. 17, 2023

Verizon launches annual industry wide climate risk survey

The telecommunications provider’s move to expand its risk analysis comes in the wake of an environmental and health scandal earlier this year.

By Lamar Johnson • Nov. 17, 2023

CalPERS aims to double climate investments to $100B by 2030

The country’s largest pension fund said it would integrate ESG into its investment strategy and divest from companies “without credible net-zero plans.”

By Zoya Mirza • Nov. 16, 2023

The ESG battle: 4 key states shaping regulatory discourse in the US

Left-leaning California and New York and conservative-led Florida and Texas have stepped up regulatory measures to underscore ESG’s role — or lack thereof — in their jurisdictions.

By Lamar Johnson , Zoya Mirza • Nov. 16, 2023

Sustainable Apparel Coalition CEO to step down

Amina Razvi will leave the nonprofit coalition of fashion industry brands in December.

By Laurel Deppen • Nov. 16, 2023

New York AG’s ‘first of its kind’ lawsuit against PepsiCo seeks plastic pollution accountability

Letitia James sued PepsiCo for allegedly “harming the public and the environment with its single-use plastic packaging.” The complaint slams PepsiCo’s “misleading” plastic reduction efforts and recycling claims.

By Maria Rachal • Nov. 16, 2023

US not on track to meet global warming targets, report warns

Current climate adaptation efforts and investments are “insufficient” to reduce today’s climate-related risks, according to the Fifth National Climate Assessment.

By Zoya Mirza • Nov. 15, 2023

The food industry is all in on regenerative agriculture. Can farmers be convinced?

Companies are racing to capitalize on a burgeoning industry focused on reducing emissions in agriculture. But first, they'll have to prove it's profitable to go green.

By Miranda Lipton • Nov. 15, 2023

Banks might dodge EU’s supply chain sustainability regulations

The proposed carveout for financial institutions would exclude them from having to submit climate transition plans.

By Lamar Johnson • Nov. 14, 2023

ESG conferences to plan for in 2024

Upcoming events will cover sustainable finance, corporate strategy and governance, climate change, supply chain, social impact and more.

By Zoya Mirza , Lamar Johnson • Nov. 13, 2023

BlackRock invests $550M in Occidental’s industrial-scale direct air capture plant

The Texas-based Stratos facility is expected to be operational in 2025 and designed to capture up to 500,000 metric tons of CO2 per year.

By Lamar Johnson • Nov. 13, 2023

Key Republican senator drops GOP-backed carbon tariff bill

Sen. Roger Wicker, R-Miss., withdrew his support for Republican-sponsored legislation that tied international trade policy with emissions reduction goals — the first climate progressive bill to be put forward by the party.

By Zoya Mirza • Nov. 10, 2023

Environmental disclosure platform CDP to align with Europe’s sustainability standards

The move will help U.S. companies prepare to comply with the EU’s Corporate Sustainability Reporting Directive.

By Lamar Johnson • Nov. 10, 2023