Sustainability: Page 3


  • A container ship sits docked at the Port of Oakland on June 07, 2023.
    Image attribution tooltip
    Justin Sullivan via Getty Images
    Image attribution tooltip
    Q&A

    How Supplier.io’s collaboration with CDP boosts supply chain transparency

    Supplier.io CEO Aylin Basom said clients were asking the supply chain diversity and ESG data company for additional insights, which led the company to pursue the partnership.

    By June 17, 2024
  • Hershey's chocolate bars are shown on July 16, 2014 in Chicago, Illinois.
    Image attribution tooltip
    Scott Olson via Getty Images
    Image attribution tooltip

    Hershey ramps up renewable energy sourcing to slash emissions

    The chocolate manufacturer increased its procurement of electricity from green sources to 80% in 2023, up from 77% in 2022 — a rise it attributed to PPAs and clean energy credits.

    By June 14, 2024
  • Wind turbines seen behind solar panels at a wind farm. Explore the Trendline
    Image attribution tooltip
    Mario Tama via Getty Images
    Image attribution tooltip
    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
  • Flags fly above the entrance of the BlackRock offices.
    Image attribution tooltip
    Andrew Burton via Getty Images
    Image attribution tooltip

    BlackRock launches ‘transition aware’ funds overseas, as it shies away from ESG in US

    The climate-focused funds will be listed in the European Union and will invest at least 80% of their assets in ESG-aligned activities.

    By June 14, 2024
  • The lineup of Tesla vehicles parked at a Supercharger with tress in the background in a media photo.
    Image attribution tooltip
    Courtesy of Tesla Inc.
    Image attribution tooltip

    EV adoption falls to its lowest point since 2021: JD Power

    Meanwhile, electric vehicles are more available than they’ve ever been.

    By Kalena Thomhave • June 14, 2024
  • The Microsoft logo is displayed in New York City.
    Image attribution tooltip
    Drew Angerer via Getty Images
    Image attribution tooltip

    Microsoft leans on forest management for carbon removal credits

    The tech giant will purchase over 970,000 nature-based carbon removal credits derived from Anew Climate’s expansive portfolio of afforestation projects across the U.S.

    By June 13, 2024
  • The exterior of the U.S. Capitol building in Washington, D.C.
    Image attribution tooltip
    Jemal Countess via Getty Images
    Image attribution tooltip

    Witnesses combat House panel report of ‘collusion’ on decarbonization

    A day after the Judiciary Committee’s report, witnesses from Ceres, Arjuna Capital and CalPERS disputed claims alleging their work constitutes antitrust violations.

    By June 13, 2024
  • Looking down on rows of solar panels in a green field.
    Image attribution tooltip
    RoschetzkyIstockPhoto via Getty Images
    Image attribution tooltip

    NextEra Energy Resources, Entergy strike 4.5 GW solar and storage development deal

    The five-year agreement will allow Entergy to access NextEra Energy’s supply chain and its development expertise to expand Entergy’s renewable energy portfolio.

    By Emma Penrod • June 13, 2024
  • California Attorney General Rob Bonta speaks during a news conference.
    Image attribution tooltip
    Justin Sullivan via Getty Images
    Image attribution tooltip

    California goes after Big Oil’s ‘illegal’ profits over alleged greenwashing

    ExxonMobil, Shell, Chevron, ConocoPhillips, BP and the American Petroleum Institute may be required to surrender profits gained from false advertising, according to an amended complaint filed Monday.

    By June 12, 2024
  • Jim Jordan sits behind a podium with both hands outstretched.
    Image attribution tooltip
    Chip Somodevilla via Getty Images
    Image attribution tooltip

    House Judiciary: Climate groups and activists ‘colluding’ on decarbonization

    The interim report from the years-long probe accuses groups in the financial system of forming a “climate cartel” that “has declared war on the American way of life.”

    By June 12, 2024
  • Committee chairman Rep. James Comer questions witnesses during a House Oversight Committee hearing.
    Image attribution tooltip
    Drew Angerer via Getty Images
    Image attribution tooltip

    House Oversight Committee probes IRS over ESG policies

    Committee Chair James Comer asked IRS Commissioner Daniel Werfel to explain how the agency ensures state retirement plans invest for the “exclusive benefit” of enrollees.

    By June 11, 2024
  • Demonstrators prepare to be arrested during a rally outside the White House as part of the 'Climate Chaos Is Happening Now' protest on October 13, 2021 in Washington, DC
    Image attribution tooltip
    Chip Somodevilla via Getty Images
    Image attribution tooltip
    Deep Dive

    Drive for energy permitting reform fuels tensions between climate, environmental justice advocates

    A simplified permitting process would speed the deployment of clean energy, but some EJ advocates are concerned about unintended consequences.

    By Diana DiGangi • June 11, 2024
  • 35 mm film styled 4K digital camera and tripod dolly crane for video production.
    Image attribution tooltip
    ppengcreative via Getty Images
    Image attribution tooltip
    Sponsored by EnergyCAP

    Film studios prioritize energy efficiency: A look at Garden Studios’ innovative approach

    By adopting EnergyCAP SmartAnalytics, Garden Studios not only upholds its commitment to environmental stewardship but also sets a benchmark for other studios to follow.

    June 10, 2024
  • Transport trucks and cars drive down a highway with windmills in the background
    Image attribution tooltip
    David McNew via Getty Images
    Image attribution tooltip

    Scope 3 reporting is increasing, but cultural gaps undermine companies’ confidence in results

    Internal considerations, including ROI and buy-in from CFOs and others, may hinder investments in reporting tools, a Reuters survey found.

    By Suman Bhattacharyya • June 7, 2024
  • Charging port on the Volvo C40 recharge SUV.
    Image attribution tooltip
    Courtesy of Volvo Cars
    Image attribution tooltip

    $1.3B earmarked for EV charging network expansion in US

    The Biden-Harris Administration aims to accelerate public and private investment in clean transportation with the historic grant funding.

    By Haley Cawthon • June 7, 2024
  • Trees sway along a highway under the stress of hurricane-force winds.
    Image attribution tooltip
    Sean Rayford via Getty Images
    Image attribution tooltip

    Senate panel worries climate change is pushing insurance markets to the brink

    Witnesses and the committee’s chair drew parallels between the current home insurance market and conditions leading up to the 2007-08 recession.

    By June 6, 2024
  • The interior of the UN Trusteeship at the UN headquarters.
    Image attribution tooltip
    Zoya Mirza/ESG Dive
    Image attribution tooltip

    The fashion industry’s ‘urgent need’ for sustainable practices

    It is “incumbent” on the industry to “bring new solutions forward,” said experts and stakeholders at the United Nations Fashion and Lifestyle Network annual meeting.

    By June 6, 2024
  • A man in a dark suit stands in front of an audience.
    Image attribution tooltip
    Julie Strupp/ESG Dive
    Image attribution tooltip

    How climate change is hitting highways

    Resilience is a key consideration for road builders amid a slew of new environmental conditions, said a Federal Highway Administration official at the recent NIBS conference in Washington, D.C.

    By Julie Strupp • June 6, 2024
  • A group of young protesters marching fill the frame with signs that read "Planet Over Profit" and "Climate Justice" with a sunflower sprouting bottom to top as the "i" in climate and "t" in justice.
    Image attribution tooltip
    Spencer Platt/Getty Images via Getty Images
    Image attribution tooltip

    Sierra Club, NRDC drop legal challenges to SEC climate rule

    The two environmental groups have decided to focus resources elsewhere to improve climate-related financial disclosures.

    By June 5, 2024
  • A group of flags on flag poles stand underneath one large blue flag, which features a circle of gold stars in the middle.
    Image attribution tooltip
    Johannes Simon via Getty Images
    Image attribution tooltip

    2 major EU sustainability and human rights regulations signed into law

    The rules, which ban destruction of unsold textiles among other things, aim to redefine product standards and promote sustainability.

    By Lauren Schenkman • June 5, 2024
  • Wind turbines seen behind solar panels at a wind farm.
    Image attribution tooltip
    Mario Tama via Getty Images
    Image attribution tooltip

    Energy Capital Partners secures $6.7B to invest in clean energy industry

    The New Jersey-based private equity firm said its fifth flagship fund would invest in companies focused on power generation, decarbonization and renewable and storage assets.

    By June 4, 2024
  • A main street in Vermont is flooded with one person wading through the water.
    Image attribution tooltip
    Kylie Cooper via Getty Images
    Image attribution tooltip

    Vermont sends climate change tab to fossil fuel companies

    The Green Mountain State passed legislation which holds oil and gas companies financially accountable for damage caused by climate change.

    By June 4, 2024
  • CFOs should focus on these key changes to quickly adapt and meet new sustainability and ESG-related regulations this year.
    Image attribution tooltip
    Getty Images via Getty Images
    Image attribution tooltip

    IFRS, GRI seek full interoperability as global jurisdictions align with ISSB

    The organization behind the International Sustainability Standards Board also said jurisdictions accounting for 55% of global GDP are aligning with its frameworks.

    By June 3, 2024
  • The ExxonMobil logo displayed at its campus in Houston, Texas.
    Image attribution tooltip
    Brandon Bell via Getty Images
    Image attribution tooltip

    ExxonMobil’s ongoing war on ESG

    The oil major is forging ahead with legal action against shareholders who pushed for climate action, despite resistance from state funds and finance officials who have rallied against its suit.

    By , Updated June 18, 2024
  • Wall Street sign with U.S. flags in background
    Image attribution tooltip
    lucky-photographer via Getty Images
    Image attribution tooltip

    SBTi tightens target-setting guidelines for financial institutions

    This is the first time public banks and asset managers have been looped into SBTi’s framework, which also includes fossil fuel financing target guidelines for the first time.

    By May 31, 2024
  • Climate change protestors are seen marching.
    Image attribution tooltip
    Asanka Ratnayake via Getty Images
    Image attribution tooltip

    Asset, pension managers bolster Climate Action 100+ after member exodus

    The investor group was backed by the nation’s largest retirement fund and other pension systems Tuesday after it lost JPMorgan, State Street and PIMCO as members earlier this year.

    By May 31, 2024