Sustainability: Page 2

  • Bags of beans and rice are displayed at a Walmart store.
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    Justin Sullivan via Getty Images
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    Walmart, Mondelēz, Mars, Nestlé leave the US Plastics Pact

    Multiple major members appear to have recently exited the group, which is gearing up to pursue refreshed 2030 sustainability targets. Meanwhile, some other companies have doubled down on participation for the next five years.

    By Maria Rachal • May 28, 2025
  • Close-up of BlackRock logo.
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    Michael M. Santiago via Getty Images
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    BlackRock’s GIP to buy controlling stake in Eni carbon capture business

    Global Infrastructure Partners is aiming for a 49.99% controlling stake in the Italian energy major’s carbon capture and storage holdings.

    By • May 27, 2025
  • The dome of the U.S. Capitol is seen at night
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    Kent Nishimura via Getty Images
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    House-passed budget bill sparks concerns from clean energy industry

    While the nuclear industry saw some positive changes from a committee-passed version, further updates to the IRA structure prompted concerns from clean energy and sustainable investing groups.

    By • May 27, 2025
  • The United States, Capitol Dome.
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    Yaya Ernst via Getty Images
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    House’s 60-day deadline for IRA eligibility would trigger ‘scramble’: EY experts

    “From a commercial perspective, it's not a unilateral decision most of the time on whether you can begin construction,” said Greg Matlock, a tax leader at EY Americas.

    By Diana DiGangi • May 27, 2025
  • Beverage bottles with Pepsi branding sit on a store shelf.
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    Michael M. Santiago via Getty Images
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    PepsiCo resets packaging sustainability goals, ditches reuse target

    The company discontinued some sustainability goals and revamped others for packaging and emissions. PepsiCo says the goals are still ambitious and reflect external challenges to achieving targets.

    By Katie Pyzyk • May 27, 2025
  • Microsoft's logo displayed on a wall, surrounded by shadows
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    Drew Angerer via Getty Images
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    Microsoft tops Google for ‘world’s largest biochar carbon removal’ deal

    The tech giant signed a 10-year agreement with Exomad Green for 1.24 million tonnes of biochar removals, surpassing a high-water mark set by Google in January.

    By • May 22, 2025
  • Hands hold an empty wine bottle
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    Permission granted by O-I Glass
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    Q&A

    Inside glass manufacturer O-I’s sustainability targets

    The glass company recently ramped up its 2030 targets. Sustainability Director Sonya Pump discussed the philosophy around goal-setting, including a focus on energy efficiency and assessing opportunity with evolving technologies.

    By Maria Rachal • May 22, 2025
  • A black "Lululemon" sign features the red and white brand logo and white lettering, hanging in front of a leafy tree.
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    Daphne Howland/ESG Dive
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    Lululemon taps ex-Nike CSO for senior sustainability role

    Noel Kinder will oversee the apparel brand’s internal and external green strategies in his role as senior vice president of sustainability.

    By • May 21, 2025
  • A pile made up of mixed pieces of fabric
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    Courtesy of Reju
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    Reju prepares to commercially expand its polyester recycling

    The company expects to open its first large-scale plant and eventually plans to regenerate as many as 300 million articles per year.

    By Lara Ewen • May 21, 2025
  • A Federal Express cargo plane flies over Nickerson Beach on July 20, 2022 in Lido Beach, New York, United States.
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    Bruce Bennett/Getty Images via Getty Images
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    FedEx buys SAF from Neste for express cargo delivery at LAX

    The 3 million gallons of fuel will be used for delivery at Los Angeles International Airport and will account for roughly one-fifth of FedEx’s fuel consumption at the airport.

    By • Updated May 21, 2025
  • A wind turbine against a background of a blue sky and clouds.
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    Jezperklauzen via Getty Images
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    Stop work order on Empire Wind 1 lifted, Equinor resumes construction

    Statements from New York Gov. Kathy Hochul and Interior Secretary Doug Burgum imply that the restart approval was related to conversations about the state’s natural gas pipeline capacity.

    By Diana DiGangi • May 21, 2025
  • An image of the largest crude oil by rail unloading terminal in the United States with smoke billowing out of multiple smokestacks.
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    Spencer Platt via Getty Images
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    Pennsylvania judge dismisses county climate lawsuit against oil majors

    A judge ruled that state courts lacked the subject matter jurisdiction to settle Bucks County’s case because its stated claims are “so intertwined with emissions.”

    By • May 20, 2025
  • An aerial view of the Shotwick Solar Energy Park on February 25, 2025 in Deeside, Wales.
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    Christopher Furlong via Getty Images
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    Solar companies compete to advance tandem cell technology

    Companies like Qcells, Trinasolar and LONGi are betting on perovskite and silicon tandem technology and achieving recent breakthroughs in stability and efficiency.

    By Diana DiGangi • May 20, 2025
  • A sign is seen at the Microsoft headquarters on July 3, 2024 in Redmond, Washington.
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    David Ryder via Getty Images
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    Microsoft inks another forestry-based carbon offtake deal

    The deal with Rubicon Carbon is “one of the largest single-buyer commitments of its kind” globally and will deliver 18 million tonnes of credits over a 15-20 year period.

    By • May 20, 2025
  • Wind turbines stand behind a solar power park.
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    Sean Gallup via Getty Images
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    GOP supporters of IRA clean energy credits outline reconciliation bill recommendations

    Fourteen Republicans asked to maintain the tax credit transferability mechanism through the phase-out period and make two other adjustments to the clean energy tax credit changes.

    By • May 19, 2025
  • Oklo Aurora Powerhouse reactor
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    Permission granted by Oklo
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    Oklo looks to Trump to hasten nuclear permitting

    The advanced nuclear company aims to submit its reactor license application to the U.S. Nuclear Regulatory Commission later this year. 

    By Brian Martucci • May 19, 2025
  • Wall Street
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    Spencer Platt via Getty Images
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    Congressional Dems press US financial institutions on climate alliance exits

    “Leaving doesn’t eliminate climate-related financial risk; instead, it diminishes your capacity to monitor and address that risk collaboratively,” a letter from over 40 lawmakers said.

    By • May 16, 2025
  • Engineer in blue suit and protective helmet installing photovoltaic panel system.
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    Eloi_Omella via Getty Images
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    Opinion

    Resetting net-zero: What next?

    Governments, businesses and investors should seek to maintain long-term investment in competitive technologies while taking a proactive approach to sectors most vulnerable to the current slowdown.

    By Adrian Del Maestro • May 16, 2025
  • IKEA logo is displayed outside a store.
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    Naomi Baker via Getty Images
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    ​​Ikea upgrades regional sustainability manager to CSO

    Lena Julle took on the permanent role of chief sustainability officer at the Inter Ikea Group on May 1, after serving as the company’s acting CSO for almost eight months.

    By • May 15, 2025
  • Tall buildings seen at a distance shrouded in smog.
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    David McNew via Getty Images
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    Deep Dive

    Congress could soon revoke California’s vehicle emissions standards

    State and local authority over air quality will be jeopardized if Congress revokes California’s auto emissions limits, experts say.

    By Dan Zukowski • May 15, 2025
  • A huddle of people stand in front of a concrete building. The weather is slightly overcast, and the masonry on the building includes some Greek columns.
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    Maddie Meyer / Staff via Getty Images
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    Q&A

    Why a former ESG skeptic is teaching fiduciaries impact investing at MIT

    “Not all impact investments are created equal,” said Andrew Lo, a MIT Sloan School of Management professor. “One needs to focus very specifically on what kind of impact they'd like to achieve.”

    By • May 15, 2025
  • Giant Eagle storefront
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    Courtesy of Giant Eagle
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    Why Giant Eagle pushed back its sustainability deadlines

    The grocer adjusted two of its three sustainability strategy cornerstones by updating the benchmarks and moving the completion dates back by five years.

    By Peyton Bigora • May 14, 2025
  • A panel of four speakers looks at a woman asking a question at DC Climate Week
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    Permission granted by Cedric Craig for DC Climate Week
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    Financing gaps for biodiversity conservation persist as corporations look to nature-based solutions

    While more corporations have invested in conservation and nature-based carbon credits, experts at DC Climate Week said there are hurdles to closing the funding gap.

    By • May 14, 2025
  • A row of Coca-Coca soda bottles
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    Scott Olson via Getty Images
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    Coca-Cola to update recycling labels following EU greenwashing complaint

    The beverage company did not admit to wrongdoing, but said it will clarify claims about what portions of its bottles are made from recycled products.

    By • May 13, 2025
  • Longworth Congressional Building
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    Win McNamee via Getty Images
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    House GOP proposes early phaseout of IRA clean energy tax credits

    The House Ways and Means Committee’s draft budget scales back the technology-neutral clean energy investment and production tax credits while leaving carbon capture credits largely intact.

    By Brian Martucci • May 13, 2025