Sustainability: Page 38
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Majority of fashion brands won’t meet their emissions goals: report
About two-thirds of fashion businesses are behind on their own decarbonization schedules, according to a new analysis from McKinsey.
By Lauren Schenkman • April 11, 2024 -
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Chevron leads $45M investment in carbon removal company Ion Clean Energy
The energy giant made the investment through its New Energies division, in collaboration with Carbon Direct Capital.
By Lamar Johnson • April 10, 2024 -
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TrendlineTop 5 stories from ESG Dive
This year has shaped up to be a formative one for ESG, from the U.S. pulling out of major climate agreements to federal agencies recalibrating their approach to sustainability under the new administration.
By ESG Dive staff -
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‘It’s important to get going’: How fashion is navigating the many complexities of sustainability
Understanding supply chains is key to both regulatory compliance and scaling solutions, executives said at an American Apparel & Footwear Association event.
By Ben Unglesbee • April 10, 2024 -
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Lack of uniform standards and disclosures a roadblock to scaling transition finance: report
Without formal definitions, metrics and transition finance instruments endorsed by international organizations, broader adoption could stall, the CFA Institute said.
By Suman Bhattacharyya • April 10, 2024 -
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Citi, TD, HSBC, Northern Trust added to West Virginia restricted list
The state warned the banks in February of consequences if they "boycott" fossil fuels. BMO and Fifth Third avoided being added to the list, the state said.
By Caitlin Mullen • April 9, 2024 -
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SEC reiterates no scope 3 in final climate rule
Agency officials are starting to educate industry stakeholders and investors on the paused rule’s required disclosures, while defending it in court.
By Lamar Johnson • April 9, 2024 -
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Two-thirds of ‘sustainable’ passive funds are supporting fossil fuel expansion: Reclaim Finance
Greenwashing threatens efforts to advance sustainability goals, researchers from the climate nonprofit say.
By Suman Bhattacharyya • April 8, 2024 -
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80% of CO2 emissions following Paris Agreement linked to 57 companies: report
Most of the surveyed companies increased their fossil fuel production in the seven years following the climate accord, according to the Carbon Majors study.
By Zoya Mirza • April 8, 2024 -
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After months of conflict, Stellantis strikes emissions deal with California
The automaker will follow the state’s emissions standards, even if the federal government or judicial action bars the state from enforcing them.
By Kalena Thomhave • April 8, 2024 -
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RBC joins Citi, JPMorgan in disclosing green financing ratios
New York City Comptroller Brad Lander announced this week that the shareholder proposals put forward by the city’s retirement system have been pulled at all three banks.
By Lamar Johnson • April 5, 2024 -
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OpinionGrid reliability’s core challenge is governance, not a changing resource mix
An outdated and parochial oversight system is the biggest threat to U.S. grid reliability.
By Alexandra Klass, Josh Macey, Shelley Welton and Hannah Wiseman • April 5, 2024 -
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SEC stays climate-risk disclosure rule as it works through legal challenges
The agency maintains that the regulation is within the agency’s authority and said it “will continue vigorously defending the Final Rules’ validity in court.”
By Lamar Johnson • April 4, 2024 -
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How solar manufacturers can leverage IRA clean energy tax credits
More than 500 companies and 45,500 projects registered for clean energy tax credits under the law as of March 8.
By Joelle Anselmo • April 4, 2024 -
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Southwest Airlines acquires DOE-backed SAFFiRE Renewables
The airline’s acquisition of the corn parts-to-ethanol producer pairs with a prior investment in ethanol-to-SAF producer LanzaJet.
By Lamar Johnson • April 3, 2024 -
Zoya Mirza/ESG Dive
Regulation compliance and curbing emissions were key themes at Responsible Business USA 2024
Panel discussions centered on decarbonizing supply chains, navigating a complex political climate, preparing emissions disclosures and more.
By Zoya Mirza • April 3, 2024 -
Courtesy of Mainspring Energy
Schneider Electric to use Mainspring Energy’s fuel-flexible generator to speed access to clean power
The generator's modularity and potential capacity represent a “sweet spot” for industries with growing interest in microgrids, including logistics and data centers, said a senior vice president for microgrids at Schneider Electric.
By Emma Penrod • April 3, 2024 -
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Goldman renewables spinoff MN8 Energy secures $325M investment
Ridgewood Infrastructure and Switzerland-based Mercuria Energy both secured observer seats on the renewable energy company’s board of directors as part of the transaction.
By Lamar Johnson • April 2, 2024 -
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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 -
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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 Zoya Mirza • April 2, 2024 -
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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 Lamar Johnson • April 1, 2024 -
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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 -
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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 Zoya Mirza • March 29, 2024 -
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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 Lamar Johnson • March 29, 2024 -
Courtesy of Nissan Motor Co. Ltd
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 -
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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 Lamar Johnson • March 28, 2024
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