SEC disbands its climate and ESG enforcement task force

The Securities and Exchange Commission said it will return its attention to greenwashing if it sees another spike in risk, an agency spokesperson told ESG Dive.

By Lamar Johnson • Sept. 13, 2024

GM, Hyundai plan global alliance on EVs, clean-energy tech

The potential collaboration aims to reduce automaker costs and deliver a wider range of vehicles and emerging technologies to market faster.

By Eric Walz • Sept. 13, 2024

Explore the Trendline➔

Top 5 stories from ESG Dive

This year has shaped 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

Big banks pressed to stop financing livestock production over climate concerns

An open letter singles out JPMorgan Chase, Bank of America and other institutions for their support of food giants like JBS, saying lending activities undermine the sector’s environmental commitments.

By Sarah Zimmerman • Sept. 13, 2024

ClimeCo unveils certification program for sustainable products

The environmental services company’s new certification aims to help companies communicate their sustainability initiatives and consumers make informed purchasing decisions.

By Zoya Mirza • Sept. 12, 2024

House Financial Services panel hearing probes proxy advisors’ ESG influence

Rep. Bill Huizenga, R-Mich., said advisors are becoming “de facto standard setters” for governance, while a witness compared them to consultants who help investors “sift through mountains of data.”

By Lamar Johnson • Sept. 12, 2024

Patagonia joins sustainable packaging initiative aimed at protecting forests

The retailer is collaborating with environmental nonprofit Canopy to develop paper products using agricultural waste and non-forest fibers.

By Kelly Stroh • Sept. 12, 2024

Google taps direct air capture startup for latest carbon removal deal

The tech giant will purchase carbon removal credits from Holocene for $100 per ton of carbon dioxide, a price tag considered to be the lowest on record for direct air capture technologies.

By Zoya Mirza • Sept. 11, 2024

BofA closes $205M tax equity deal for carbon capture, clean fuel credits

Bank of America will purchase carbon capture and clean fuel production tax credits in a novel financing deal with biofuels producer Harvestone Low Carbon Partners.

By Lamar Johnson • Sept. 11, 2024

Keurig Dr Pepper to pay $1.5M to settle charges over recyclability claims

The U.S. Securities and Exchange Commission says the beverage company omitted from filed documents some important information about testing the curbside recyclability of its K-Cup coffee pods. 

By Katie Pyzyk • Sept. 11, 2024

Workiva, Visual Lease team up to boost sustainability reporting

The partnership between the ESG reporting software firm and the lease management platform will allow mutual clients to accurately report progress on their sustainability goals.

By Zoya Mirza • Sept. 10, 2024

White House announces $7.3B financing for rural clean energy projects

The federal funding will support 10 GW in clean energy projects lowering electricity costs for cooperative utilities in 23 states, the White House said.

By Ethan Howland • Sept. 10, 2024

EPA issues first set of carbon storage draft permits for Texas

The Environmental Protection Agency’s permits will allow Oxy Low Carbon Ventures to store approximately 722,000 metric tons of carbon dioxide annually in three underground wells.

By Zoya Mirza • Sept. 9, 2024

Nasdaq partners with Crux to help companies access clean energy tax credits

The team-up will grant Nasdaq ESG Solution clients access to Crux’s platform of clean energy project developers and manufacturers to purchase transferable tax credits.

By Lamar Johnson • Sept. 9, 2024

Volvo scales back its EV goals

In 2021, the automaker pledged to be fully electric by 2030. Now, the company is abandoning that goal, focusing instead on “electrified” models.

By Haley Cawthon • Sept. 9, 2024

Morgan Stanley drops plastic pollution financing goal

A spokesperson for the bank told ESG Dive it would no longer have the standalone goal due to data availability and quality challenges as required climate disclosures near.

By Lamar Johnson • Sept. 6, 2024

Where Climate Action 100+ stands after member exodus, GOP probes

The investor-led group has lost out on a few notable members this year amid heightened scrutiny surrounding ESG and climate initiatives.

By Zoya Mirza , Lamar Johnson • Sept. 6, 2024

CleanCapital, Sunrock to deploy solar, battery storage in US communities

CleanCapital’s senior director of investments and capital markets said the partnership will allow the companies to accelerate the nation's energy transition “where it matters most.”

By Lamar Johnson • Sept. 5, 2024

Microsoft launches decarbonization team to slash supply chain emissions

The new three-member team will help Microsoft tackle scope 3 emissions generated by purchased goods and services and those produced by its cloud and artificial intelligence operations.

By Zoya Mirza • Sept. 5, 2024

US wind energy investment soars while solar stagnates: BloombergNEF

While solar companies struggle to find investors, interest in wind and geothermal projects is booming, according to an analysis by BloombergNEF.

By Emma Penrod • Sept. 5, 2024

Coca-Cola must face greenwashing lawsuit: D.C. Appeals Court

The appeals court reversed a prior dismissal, ruling environmental nonprofit Earth Island Institute made plausible allegations the beverage company overstates its environmental efforts.

By Lamar Johnson • Sept. 4, 2024

Oxylus Energy nabs $4.5M for clean fuel tech

The climate tech company said the funding will help develop and scale its carbon conversion project which produces green methanol — an alternative fuel that can help slash emissions.

By Zoya Mirza • Sept. 4, 2024

ESG controllers: The newest finance hires

Depending on the company’s structure, the specialized controllers often report to the corporate controller or the CFO, Deloitte’s Kristen Sullivan said. 

By Maura Webber Sadovi • Sept. 4, 2024

Vanguard supported zero E+S proposals in 2024: report

The lack of support for environmental and social proposals comes after the nation's second-largest asset manager supported just 2% in 2023.

By Lamar Johnson • Sept. 3, 2024

5 keys to strong organizational sustainability governance: MorganFranklin Consulting

Andrew Rizkallah, who leads the firm's ESG advisory services, explained how to beef up key reporting processes or start from scratch.

By Lamar Johnson • Aug. 30, 2024

Chemours opens EV battery innovation center in Delaware

The research and development facility will focus on developing and improving lithium-ion batteries for electric vehicles.

By Sara Samora • Aug. 30, 2024