Sustainability: Page 27


  • The James V. Forrestal Building Building, the headquarters of the United States Department of Energy, in downtown Washington, DC at sunset.
    Image attribution tooltip
    Silverman Media Services via Getty Images
    Image attribution tooltip

    White House funds $6B to decarbonize US industrial sector

    The Department of Energy offered grants for 33 projects in eight historically high carbon-emitting industries such as aluminum, concrete and chemicals.

    By Joelle Anselmo • April 2, 2024
  • Rear view of a manager discussing stock with an employee at a supply chain warehouse.
    Image attribution tooltip
    alvarez via Getty Images
    Image attribution tooltip

    Understanding a company’s business is ‘critical’ for its decarbonization strategy, sustainability leaders say

    Executives at Responsible Business USA said cross-collaboration between leaders, teams and different regions of a company is essential for meeting sustainability goals.

    By April 2, 2024
  • Outside shot of Citigroup HQ with a sign with the Citi logo in the shot
    Image attribution tooltip
    Mario Tama via Getty Images
    Image attribution tooltip

    Citi says 71% of energy clients lack substantive transition plan or ‘ability to execute’

    The bank made the disclosure in its latest climate report in response to a proposal that had been put forward by shareholder advocacy group As You Sow.

    By April 1, 2024
  • The sun sets behind the wind turbines of Burbo Bank Offshore Wind Farm in the Irish Sea on May 23, 2018 in Wallasey, England.
    Image attribution tooltip
    Christopher Furlong via Getty Images
    Image attribution tooltip

    Ørsted, Avangrid and two others submit bids to first-ever 3-state offshore wind solicitation

    The five proposed projects total 5,455 MW of potential capacity.

    By Diana DiGangi • April 1, 2024
  • People pass by a Verizon store.
    Image attribution tooltip
    Scott Olson via Getty Images
    Image attribution tooltip

    Verizon joins RE100 climate initiative, builds on 2030 renewables goal

    The network provider previously said it aims to source or generate 100% renewable energy by the end of the decade.

    By March 29, 2024
  • SEC Chair Gary Gensler testifies before Congress
    Image attribution tooltip
    Win McNamee via Getty Images
    Image attribution tooltip

    SEC asks 8th Circuit not to pause climate rule pending challenges

    The agency said Liberty Energy and Nomad Proppant Services have “identified no imminent harm” that would justify halting the rule’s implementation.

    By March 29, 2024
  • Nissan President and Chief Executive Officer Makoto Uchida.
    Image attribution tooltip
    Courtesy of Nissan Motor Co. Ltd
    Image attribution tooltip

    Nissan’s new EV plan aims for significant cost reduction

    ‘The Arc’ plan includes launching new EVs, manufacturing improvements and the adoption of new technologies to boost global sales.

    By Eric Walz , Michael Brady • March 29, 2024
  • Larry Fink, CEO of BlackRock, speaks at a roundtable discussion.
    Image attribution tooltip
    Sean Gallup via Getty Images
    Image attribution tooltip

    Mississippi hits BlackRock with cease and desist order over ESG investments

    The secretary of state accused the world’s largest asset manager with securities fraud and said it could face a multimillion-dollar administrative penalty.

    By March 28, 2024
  • Close up view of blue plastic beverage bottles.
    Image attribution tooltip
    Galina Shafran via Getty Images
    Image attribution tooltip

    Sustainable sourcing platform Circular eyes expansion with $10.5M in funding

    Circular plans to expand internationally, add employees and introduce materials besides plastics to the platform.

    By Katie Pyzyk • March 28, 2024
  • Close up shiny wooden law gavel in dark brown color on top of a wooden table in an office.
    Image attribution tooltip
    Stock Photo via Getty Images
    Image attribution tooltip

    SEC battles climate disclosure rule legal challenges

    The agency faces nine petitions to the rule consolidated in the U.S. Eighth Circuit of Appeals, including suits collectively co-filed by 25 states.

    By , Updated Aug. 20, 2024
  • Opinion

    The SEC makes the call: Climate risk equals financial risk

    When the SEC’s climate disclosure rule is paired with other climate reporting directives, the shift within the financial landscape will be monumental.

    By Bob Hinkle • March 27, 2024
  • The exterior of the Labor Department building, with a sign that says "United States Department of Labor"
    Image attribution tooltip
    Alex Wong via Getty Images
    Image attribution tooltip

    Labor Dept. responds to Republican AGs appeal of ESG 401(k) rule

    Liberty Energy, which also is challenging the Securities and Exchange Commission’s climate disclosure rule, joined the 26 states in the appeal.

    By March 26, 2024
  • Jim Jordan, Chairman of the House Judiciary Committee, strikes the gavel to start a hearing.
    Image attribution tooltip
    Drew Angerer via Getty Images
    Image attribution tooltip

    House Judiciary subpoenas As You Sow CEO, expands antitrust probe

    The Republican-led committee has summoned Andrew Behar, head of the shareholder advocacy group, for a deposition later this week as part of its ongoing ESG probe.

    By March 26, 2024
  • A 'Citi' sign is displayed outside Citigroup Center near Citibank headquarters in Manhattan on December 5, 2012 in New York City.
    Image attribution tooltip
    Mario Tama via Getty Images
    Image attribution tooltip

    Citi agrees to disclose green financing ratios, following JPMorgan

    The New York City comptroller has withdrawn shareholder proposals with the two banks. The measure faces votes at four other banks.

    By March 25, 2024
  • A sign hangs on the BlackRock offices
    Image attribution tooltip
    Andrew Burton via Getty Images
    Image attribution tooltip
    Column

    ESG isn’t just BlackRock’s fight

    If it seems like banks are backing off of their sustainability efforts, comments from Barclays, TD and UBS may give added perspective.

    By Dan Ennis • March 25, 2024
  • Newly-installed solar panels face the sky at the construction site of a new solar energy park as wind turbines spin behind in Germany.
    Image attribution tooltip
    Sean Gallup via Getty Images
    Image attribution tooltip

    Treasury issues clarifying guidance on the IRA’s energy community bonus credit

    The guidance expands the definition of an energy community and the nameplate capacity attribution rule for offshore wind projects.

    By Diana DiGangi • March 25, 2024
  • Containers of Nestle hot chocolate mix are seen on a store shelf.
    Image attribution tooltip
    Justin Sullivan via Getty Images
    Image attribution tooltip

    Nestlé launches pair of initiatives to decarbonize cocoa supply chain

    The global food company said its new projects aim to reduce and remove over 500,000 metric tons of carbon over a 20-year period.

    By March 22, 2024
  • a judges gavel rests on top of a desk
    Image attribution tooltip
    Joe Raedle via Getty Images
    Image attribution tooltip

    SEC to face all climate rule challenges in U.S. 8th Circuit Court of Appeals

    The agency had nine legal challenges to its rule requiring public companies to disclose certain climate risks consolidated into one venue.

    By March 22, 2024
  • The curved banner of a Walmart store, the brand name in white letters and the characteristic yellow sunburst logo to the right, against a blue sky.
    Image attribution tooltip
    Daphne Howland/ESG Dive
    Image attribution tooltip

    Flexing for the planet: How Walmart crushed its supplier emissions target

    The retail giant leaned on education, financing and recognition to get its supply chain on board with Project Gigaton, a sustainability executive with the company told Supply Chain Dive.

    By Ben Unglesbee • March 22, 2024
  • Protesters seen outside BlackRock's Manhattan headquarters.
    Image attribution tooltip
    Spencer Platt via Getty Images
    Image attribution tooltip

    Texas schools fund pulls $8.5B from BlackRock over ESG

    The divestment is the latest from the Lone Star State, which has already placed BlackRock on restricted lists over its stance on fossil fuels.

    By March 21, 2024
  • A Schneider National driver plugs an electric Freightliner eCascadia into a charger.
    Image attribution tooltip
    Courtesy of Schneider National
    Image attribution tooltip

    White House unveils zero-emission truck charging, fueling infrastructure plan

    The plan will guide zero-emission, medium- and heavy-duty truck charging and hydrogen fueling infrastructure deployment through 2040.

    By Colin Campbell • March 21, 2024
  • Rep. Bill Huizenga speaks with glasses and a pen in one hand.
    Image attribution tooltip
    Kevin Dietsch via Getty Images
    Image attribution tooltip

    House GOP continues to hammer SEC over climate rule

    The House Financial Services Committee questioned the agency’s authority to promulgate the climate disclosure regulation both in the chamber and on the road.

    By March 21, 2024
  • A vehicle's tailpipe emitting exhaust.
    Image attribution tooltip
    Justin Smith/iStock/Getty Images Plus via Getty Images
    Image attribution tooltip

    EPA softens vehicle emissions standards in win for automakers

    The final rule steadily tightens the requirements, giving automakers more time to ramp up EV sales.

    By Michael Brady • March 21, 2024
  • Building and assembling a construction wind turbines farm by a crane
    Image attribution tooltip
    Olya Solodenko via Getty Images
    Image attribution tooltip

    Morningstar launches indexes on companies’ transition to low carbon economy

    The financial services firm believes the indexes offer “a very different way” for investors who want to target the climate transition, while “maintaining exposure to high carbon-intensive sectors.”

    By March 20, 2024
  • Offshore wind turbines are seen standing in the ocean against a blue sky.
    Image attribution tooltip
    Fokkebok via Getty Images
    Image attribution tooltip

    South Fork Wind becomes first US utility-scale offshore wind farm to complete construction

    The completion of Ørsted and Eversource’s 130-MW project gets New York closer to its goal of deploying 9 GW of offshore wind by 2035.

    By Diana DiGangi • March 20, 2024