Sustainability: Page 2
-
Utility-scale US solar installations to surpass 32 GW for record high in 2024: ACP
“Installations in 2025 are expected to be 16% lower than in 2024, but the market will recover,” the American Clean Power Association said.
By Diana DiGangi • Dec. 2, 2024 -
Sponsored by Morningstar Sustainalytics
Sustainable investing: A year in conversation
Discover the five key sustainability and ESG topics from this year’s ESG in conversation podcast.
Dec. 2, 2024 -
Trendline
The state of the clean energy transition in 2024
This year saw a large volume of initiatives and investments from corporations focused on the clean energy transition — alongside a handful of reversions on carbon reduction goals.
By ESG Dive staff -
Sponsored by Sphera
Sustainability strategy foundations: Conducting a double materiality assessment
Conducting double materiality assessments, a cornerstone of sustainability strategy.
By Sphera’s Editorial Team • Dec. 2, 2024 -
Q&A
Homium’s new chief impact officer wants to build a homeownership asset class
Marcus Martin joined the sustainable homeownership financing firm earlier this month after spending the last four years leading the ESG practice for various divisions at U.S. Bank.
By Lamar Johnson • Nov. 27, 2024 -
COP29
What the US offered on climate action at COP29
The United States’ delegation at the annual climate conference said its federal government was on track to reduce scope 3 emissions by 30% by 2030.
By Zoya Mirza • Nov. 27, 2024 -
COP29
Key takeaways from COP29: a contentious finance deal, carbon markets, more
The annual climate summit — which drew in over 55,000 participants from all over the world — concluded with a contentious climate finance deal and a pledge to bolster carbon markets.
By Zoya Mirza • Nov. 26, 2024 -
Phillips 66 indicted over alleged wastewater dumping violations in LA
The company is charged with six counts of Clean Water Act violations related to two discharges from the company’s Los Angeles area refineries into the local sewage system.
By Lamar Johnson • Nov. 26, 2024 -
Climate protesters disrupt Saudi Aramco CFO talk at MIT conference
Saudi Aramco CFO Ziad Al-Murshed’s talk ended abruptly after climate protesters took the stage at the MIT Sloan CFO Summit in suburban Boston.
By Maura Webber Sadovi • Nov. 26, 2024 -
HSBC sustainability chief to step down Dec. 31
The bank cut the sustainability role from its executive committee in an October reshuffle. HSBC on Monday also named an interim chief risk and compliance officer.
By Gabrielle Saulsbery • Nov. 25, 2024 -
CalPERS over halfway to $100B climate goal, urged to stop buying Exxon bonds
The fund has invested $3.6 billion in climate solutions since 2023 and pledged another $3.2 billion in related investments.
By Lamar Johnson • Nov. 25, 2024 -
COP29
COP29 concludes with $300B climate finance deal critics deem as a ‘failure’
The climate summit ended with a goal to collectively provide “at least” $1.3 trillion in financing by 2035 to support climate-imperiled countries — which experts say falls short of what is actually needed.
By Zoya Mirza • Nov. 25, 2024 -
US clean energy investments hit record-high in Q3: Rhodium
The industry saw $71 billion in investment in the quarter, as clean investments accounted for 5% of total private U.S. structure, equipment and consumer goods spending.
By Lamar Johnson • Nov. 22, 2024 -
Carbon removal developers unveil first all wind-powered direct air capture plant
Return Carbon and Verified Carbon’s “Project Concho” hub aims to remove 50,000 tons of carbon annually by 2030 and later expand this goal to 500,000 tons per year.
By Zoya Mirza • Nov. 22, 2024 -
Wells Fargo’s latest innovation cohort to focus on building decarbonization
Three startups were each awarded $250,000 to help tackle energy management and emissions reduction in buildings.
By Lamar Johnson • Nov. 21, 2024 -
Audit committees expand oversight to ESG, cybersecurity, AI: EY
Nearly four out of five investors said boards should demonstrate expertise in climate, cybersecurity and other risks by detailing their work to limit such hazards, EY said.
By Jim Tyson • Nov. 21, 2024 -
Starbucks appoints former Mars sustainability exec as CSO
Marika McCauley Sine, who previously served as Mars’ global vice president of sustainability and chief sustainability officer, will oversee the coffee chain’s net-zero transition.
By Zoya Mirza • Nov. 20, 2024 -
Oil quartet including BP, Shell invest $500M in energy access, clean cooking
Equinor and Total Energies will join the companies to invest in energy and cooking solutions in Sub-Saharan Africa and South and Southeast Asia to help meet the UN’s Sustainable Development Goal 7.
By Lamar Johnson • Nov. 20, 2024 -
IRS finalizes direct pay rules, increasing access to IRA’s clean energy tax credits
Direct-pay-eligible entities like local governments, public school districts, churches and hospitals will more easily be able to jointly invest in clean energy projects under rules released Tuesday.
By Diana DiGangi • Nov. 20, 2024 -
Vanguard’s updated investor proxy choice program includes anti-ESG voting option
Three new funds have been added to the program, and the firm also included an option for investors who want a “wealth-focused,” anti-ESG voting policy option.
By Lamar Johnson • Nov. 19, 2024 -
JPMorgan unveils green financing ratio following shareholder proposal
The bank said it spent $1.29 on green solutions for every dollar spent on high-carbon activities in the disclosure prompted by a proposal submitted by NYC Comptroller Brad Lander.
By Lamar Johnson • Updated Nov. 18, 2024 -
New tool aims to bridge gap between organizations’ sustainability targets and outcomes
The U.S. Green Building Council's digital platform intends to help organizations meet reporting requirements and sustainability goals related to emissions, energy, water and waste.
By Nish Amarnath • Nov. 18, 2024 -
Trump picks oil services CEO Chris Wright to lead Energy Department, alarming climate groups
Wright is the CEO of Liberty Energy, which is engaged in lawsuits over the Labor Department's ESG rule and the Securities and Exchange Commission's climate-risk disclosure rule.
By Robert Walton • Nov. 18, 2024 -
Sponsored by EnergyCAP
The power of automation in sustainability: How AFL transformed energy management
AFL set out on a quest to streamline their processes and boost their sustainability efforts. Their search led them to EnergyCAP, and now they anticipate $304K in year one savings.
Nov. 18, 2024 -
American Petroleum Institute gives Trump a deregulatory policy wishlist
The organization seeks to have a number of Biden era regulations that focus on increasing electric vehicle adoption and slowing natural gas exports rescinded.
By Lamar Johnson • Nov. 15, 2024 -
New York City Employees’ Retirement System joins NZAOA
NYCERS joins the Net-Zero Asset Owner Alliance’s other 88 members that collectively represent $9.5 trillion in assets under management.
By Zoya Mirza • Nov. 15, 2024