Sustainability


  • Truck driving along road with a field of wind turbines stretching across the land behind it and a storm coming in from the left side of the sky.
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    Mario Tama/Getty Images via Getty Images
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    Vanguard clients ask new CEO to prioritize climate risk

    Over 8,000 clients urged Salim Ramji to “steer Vanguard in a new direction” and prioritize climate risk as part of the firm’s risk management strategies.

    By July 19, 2024
  • A truck kicks up dirt as it passes a farm field in a deforested section of the Amazon
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    Mario Tama via Getty Images
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    Unilever, Nestlé join over 130 companies in call to reverse biodiversity loss ahead of COP16

    A coalition of businesses across various industries are pressing world leaders to take action on an issue often overlooked by corporate sustainability plans.

    By Sarah Zimmerman • July 19, 2024
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    Mario Tama via Getty Images
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    Trendline

    Sustainability initiatives gain traction against backdrop of climate disclosure rules

    Several companies have already committed to achieving net-zero emissions by 2050 and many have also set near-term targets to curb their carbon footprint by the end of the decade.

    By ESG Dive staff
  • A closeup of the Holiday Inn logo on a building.
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    Asanka Ratnayake via Getty Images
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    IHG unveils low carbon program, targets energy efficiency in hotels

    The global hospitality company called the initiative an “industry first” and said it would help it “test, learn and share findings on sustainability measures.”

    By July 18, 2024
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    Drew Angerer via Getty Images
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    SEC rule jumpstarts Corpay CAO’s ESG push

    The climate disclosure rule’s March passage helped push the payments player to double down on its ESG reporting strategy, Chief Accounting Officer Alissa Vickery said.

    By Maura Webber Sadovi • July 18, 2024
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    Sean Gallup via Getty Images
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    LevelTen Energy scores $65M to scale clean energy transition

    The transaction infrastructure company connects renewable energy buyers, sellers and advisors and plans to use the financing to expand its platform.

    By July 17, 2024
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    Simonkr via Getty Images
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    AWS, Google, Meta, Microsoft, more push for digital infrastructure emissions transparency

    The governing body of the iMasons Climate Accord published an open letter calling for digital infrastructure suppliers to include greenhouse gas emissions “nutrition labels.”

    By July 17, 2024
  • Ford started resuming production and operations in the United States today. The company has implemented robust safety and care measures globally to help support a safe and healthy environment for the
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    Courtesy of Ford
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    Automakers accelerate drive for fossil-free steel

    Volvo is leading the industry for steel and aluminum decarbonization. Mercedes, Tesla and Ford follow.

    By S.L. Fuller • July 17, 2024
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    David McNew via Getty Images
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    5 takeaways on costs, challenges of climate disclosure compliance

    Complacency regarding the SEC’s now-stayed rules could leave companies “scrambling to try to get ready” once they are put in place, PwC’s Marc Siegel said.

    By Maura Webber Sadovi • July 16, 2024
  • Shot of BlackRock building from below with company logo centered and U.S. flag visible to the right of company name.
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    Spencer Platt via Getty Images
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    BlackRock updates climate stewardship policies, targeting $150B in funds

    The policies will initially apply to 83 European investment funds with $150 billion in assets under management and prioritize sectors and companies “critical” to the clean energy transition.

    By July 15, 2024
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    Courtesy of Tractor Supply
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    Deep Dive

    Tractor Supply retreats on DEI, climate after ‘anti-woke’ backlash. Now the real fallout begins.

    The retailer's pullback of its corporate diversity and climate efforts could alienate some customers, employees and investors.

    By Daphne Howland • July 15, 2024
  • Silver Chevy Volt electric vehicles and Opel Amperas come off an assembly line.
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    Bill Pugliano via Getty Images
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    GM shareholders vote down 3 ethical supply chain proposals

    Responding to the proposals, the automaker defended its existing practices for supplier agreements and operational policies.

    By Kelly Stroh • July 15, 2024
  • The Amazon logo is projected onto a screen,
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    David McNew via Getty Images
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    Amazon hits renewable energy goal early, reduces carbon emissions

    The e-commerce giant said it met a goal to match all of its electricity consumption with renewable energy seven years early and decreased overall emissions by 3% in 2023.

    By July 12, 2024
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    Alex Wroblewski via Getty Images
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    Senators press Jamie Dimon on alleged climate turnabout

    The lawmakers, including Sen. Elizabeth Warren, D-MA, demanded answers from the JPMorgan Chase CEO on the bank's environmental "commitments" and "aspirations."

    By Gabrielle Saulsbery • July 12, 2024
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    Kena Betancur via Getty Images
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    SBTi calls on financial institutions to pilot net-zero standard

    The climate target validation organization is looking for participants to test a standard that will encompass near- and long-term portfolio-wide goals.

    By July 11, 2024
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    Sean Gallup via Getty Images
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    Sustainability is a key factor in improved financial performance: KPMG

    Indicators like lower carbon dioxide emissions, land environmental impact reduction and business ethics policies are linked to increased gross profit margin, per a study of 2,617 companies.

    By Suman Bhattacharyya • July 11, 2024
  • An interior view of Jeanologia's new Miami hub. Multiple pairs of jeans of different cuts and shades are on the ground in an office space.
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    Courtesy of Jeanologia
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    Sustainable garment tech hub to open in Miami

    Spain-based Jeanologia is opening the production center as it looks to expand its presence in the U.S.

    By Laurel Deppen • July 11, 2024
  • Wind turbines seen behind solar panels at a wind farm.
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    Mario Tama via Getty Images
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    Global solar and wind capacity will more than triple to 8 TW by 2033: Wood Mackenzie

    Global energy storage will grow by 636% to add nearly 2,789 gigawatt hours of capacity over the next decade, according to WoodMac's latest global market outlook.

    By Diana DiGangi • July 10, 2024
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    Marc Conzelmann via Getty Images
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    Lego to mandate sustainability targets across supply chain

    The Danish toy maker is turning to suppliers to help cut emissions from its indirect operations, primarily its supply chain, as they make up the majority of its carbon footprint.

    By July 9, 2024
  • A child watches an American Airlines plane take off with trees visible outside of Los Angeles International Airport
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    Mario Tama via Getty Images
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    American Airlines CEO sounds alarm on aviation sector decarbonization

    CEO Robert Isom said in the airline’s latest ESG report its climate goals are in jeopardy, given the industry’s current decarbonization efforts.

    By July 9, 2024
  • Dinosaur"Stan" at the Googleplex in Mountain View, California.
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    Courtesy of Google
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    Google’s AI efforts slow sustainability gains

    The company’s greenhouse gas emissions climbed 13% last year as compute intensity increased, according to its annual environmental report.

    By Lindsey Wilkinson • July 9, 2024
  • A gas-powered power generation plant is seen with four red and white striped pillars rising from the facility with a mountain's outline visible through a orange haze.
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    David McNew via Getty Images
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    38% of public companies ‘significantly misaligned’ to net-zero: Morningstar

    Of more than 3,300 public companies, none are on track to hit the Paris Accords’ 2050 target, a study from the financial services revealed. 

    By July 8, 2024
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    Justin Sullivan via Getty Images
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    Google inks renewable power agreement with Engie

    Google has signed five corporate power purchase agreements with Engie, which will provide over 118 megawatts of power to boost the tech giant’s operations in Belgium.

    By July 8, 2024
  • Scientists stand beside a new carbon capture test unit.
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    Jeff J Mitchell via Getty Images
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    Climate groups say carbon offsets undermine emission reduction targets

    Over 80 organizations addressed global companies and governments Tuesday, saying a reliance on carbon credits will likely “slow down global emission reductions.”

    By July 3, 2024
  • A view of a forest containing thick greenery and large trees.
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    Dan Kitwood via Getty Images
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    Consumers want ethical sourcing, labeling on manmade fibers: report

    Nearly three quarters of survey respondents think materials such as viscose and lyocell should come from sustainable forests.

    By Lara Ewen • July 3, 2024
  • Young Happy Businesswoman Using Laptop Computer in Modern Office with Colleagues with VFX Hologram Edit Visualizing Stock Exchange Interface, Opened Charts.
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    gorodenkoff via Getty Images
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    Generative AI gains foothold in ESG landscape

    The increased use of artificial intelligence in ESG, beyond reporting, was on display at the Amazon Web Services conference last week.

    By Updated July 8, 2024