Sustainability: Page 23
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Opinion
Navigating sustainability standards: A hotelier’s guide for choosing the right green certification
Alina Arnelle, chief sustainability officer at BeCause, shares five strategies to help hotels identify green certifications with the most value.
By Alina Arnelle • March 6, 2025 -
Demand for renewable energy projects remains strong, but supply is growing: LevelTen Energy
As more developers are forced to sell early-stage projects, a glut of supply is eroding renewable energy profits, according to data from LevelTen Energy.
By Emma Penrod • March 5, 2025 -
Explore the Trendline➔
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TrendlineTop 5 stories from ESG Dive
The landscape for ESG continues to shift, as U.S. exits from major climate agreements and organizations are juxtaposed with states forging ahead with their own climate disclosure laws.
By ESG Dive staff -
Mars pledges $27M to slash dairy emissions
The confectionery giant is partnering with New Zealand-based dairy co-operative Fonterra to fund more sustainable farming practices.
By Kelly Stroh • March 5, 2025 -
CarbonQuest nabs $20M to boost building decarbonization
The carbon capture technology provider said it will use this funding to scale its tech and circulate it to a wider range of clients across North America, as well as hire more talent.
By Zoya Mirza • March 5, 2025 -
EPA $20B funding freeze leaves ‘green bank’ nonprofits unable to pay bills
The Climate United Fund, which received a $6.97 billion Greenhouse Gas Reduction Fund grant, will soon become unable to make payroll or disburse funding to its contracted borrowers, said a spokesperson.
By Diana DiGangi • March 4, 2025 -
Goldman Sachs launches biodiversity bond fund to support SDGs
The fund became “one of the first fixed income funds” to focus on biodiversity conservation and remediation and support the United Nations’ Sustainable Development Goals.
By Lamar Johnson • March 4, 2025 -
Wells Fargo scraps net-zero target as banks recalibrate sustainability strategy
The bank is dropping its goal of achieving net-zero financed emissions across its portfolio by 2050, in addition to 2030 targets it set for sector-specific financed emissions.
By Zoya Mirza • March 3, 2025 -
92% of CFOs plan to boost sustainability spending
A majority of companies expect to allocate more than 2% of revenue to sustainability initiatives this year.
By David McCann • March 3, 2025 -
BP cuts renewable spending, doubles down on fossil fuels in strategy reset
The U.K.-based oil major said its investments in the clean energy transition business will now be “significantly lower” and range between $1.5 billion to $2 billion per year.
By Zoya Mirza • Feb. 28, 2025 -
One of UK’s largest pension funds picks Amundi, Invesco to manage bulk of its portfolio
The People’s Pension credited the firms’ “commitment to responsible investment” for the move. State Street previously managed the fund’s entire portfolio.
By Lamar Johnson • Feb. 28, 2025 -
Anti-ESG groups intensify activism early in 2025 proxy season
Opposition to corporate sustainability efforts has grown in recent years, culminating in an anti-ESG order by President Donald Trump last month.
By Jim Tyson • Feb. 28, 2025 -
EU adopts omnibus proposal, trims sustainability reporting requirements
The simplified package would remove 80% of companies from the scope of the Corporate Sustainability Reporting Directive and delay reporting timelines.
By Lamar Johnson • Feb. 27, 2025 -
Ikea revises zero emission delivery goal, lowers ambition
The global furniture retailer said it was revising a goal to use zero emission vehicles for home deliveries by 2025 and now aiming to reach 90% of this target by 2028.
By Zoya Mirza • Feb. 26, 2025 -
SEC updates guidance on ESG engagement disclosures, prompts temporary confusion
BlackRock and Vanguard, the nation’s largest asset managers, temporarily paused shareholder engagement meetings after a recent update to agency guidance.
By Lamar Johnson • Feb. 25, 2025 -
Bloomberg unveils climate tool focused on portfolio risk management
Bloomberg’s MARS Climate aims to help portfolio managers and investors assess and manage the financial risks associated with climate change.
By Zoya Mirza • Feb. 24, 2025 -
TikTok taps Climeworks for carbon removal deal
The social media giant has inked a multi-year partnership to have Climeworks remove 5,100 tons of emitted carbon dioxide from the air by 2030.
By Zoya Mirza • Feb. 21, 2025 -
Trump’s tariffs could raise onshore wind turbine costs by 7%, slow development: WoodMac
Wind generation deployments could be reduced by nearly a third by the end of this decade due to the tariffs, according to a Wood Mackenzie analyst.
By Emma Penrod • Feb. 21, 2025 -
HSBC delays net-zero emissions goal by 20 years
The U.K.-based bank said it was “revising [its] ambition” and delaying its target of hitting net-zero across its operations, business travel and supply chain from 2030 to 2050.
By Zoya Mirza • Feb. 20, 2025 -
Dems ask SEC, DOL to not issue anti-ESG rules: Exclusive
A coalition of 17 blue state finance officials sent a letter to the agencies to counter prior assertions made by their Republican colleagues.
By Lamar Johnson • Feb. 20, 2025 -
CSDDD is a ‘non-tariff barrier’ for US companies: House Financial Services Chair
Rep. French Hill said during a webinar that the Corporate Sustainability Due Diligence Directive will create costly barriers for U.S. corporations to do business in and engage with the bloc.
By Lamar Johnson • Feb. 19, 2025 -
Climate change should be incorporated into ‘daily decision-making’: JPMorgan
“Understanding climate risk is important for staying ahead in the financial landscape,” JPMorgan’s chief risk officer and global head of corporate advisory wrote in a new report.
By Zoya Mirza • Feb. 19, 2025 -
Manufacturers’ 2025 sustainability priorities
Companies are sticking with their long-term emissions goals and strategies amid changing federal regulations.
By Michelle No • Feb. 19, 2025 -
Pennsylvania Gov. Shapiro sues Trump admin over IRA funding freeze
The state’s agencies have limited access to over $3.1 billion in funding for activities including distributed solar deployment, well plugging and weatherization, according to the lawsuit.
By Diana DiGangi • Feb. 18, 2025 -
The SEC has requested to delay climate rule arguments. What’s next?
Sustainable investing experts are not surprised by the delay and say it is expected to have minimal immediate impact.
By Lamar Johnson • Feb. 13, 2025 -
Opinion
Sustainability is a lasting fashion statement
Brands can build consumer trust and increase shareholder value by considering ESG impacts, writes Marco Valverde, apparel national practice leader at Moss Adams.
By Marco Valverde • Feb. 13, 2025