Sustainability: Page 44
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How 3 states are attacking carbon emissions from transportation
While 21 states sued the federal government over its new rule requiring transportation emission reduction targets, others are forging ahead to clean up the sector.
By Dan Zukowski • Jan. 10, 2024 -
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Deep Dive4 ESG trends that set the tone for 2024
It’s shaping up to be a big year for ESG with a packed SEC agenda, fights over corporate DEI efforts and shareholder rights and a focus on financing the net zero transition.
By Lamar Johnson , Zoya Mirza • Jan. 10, 2024 -
Explore the Trendline➔
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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 -
Courtesy of Beyond Yoga
DOL: Beyond Yoga contractors to pay over $1M in wages, damages to garment workers
The U.S. Department of Labor’s settlement for 165 Los Angeles-based workers is the largest one to date for garment workers in the Golden State.
By Zoya Mirza • Jan. 9, 2024 -
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Spearmint Energy brings its first Texas battery energy storage plant online
The company’s 300 megawatt Revolution project marks the debut for one of the largest battery storage companies in one of the largest battery storage markets in the nation.
By Lamar Johnson • Jan. 9, 2024 -
Courtesy of Hanwha.
Qcells, Microsoft expand solar panel supply partnership
The new agreement could provide enough solar energy to power up to 1.8 million homes a year.
By Sara Samora • Jan. 9, 2024 -
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World Bank launches $5B sustainable development bond
The 7-year benchmark bond will mature in January 2031 and seeks to support the financial institution’s goals to “end extreme poverty and boost prosperity.”
By Zoya Mirza • Jan. 8, 2024 -
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Emissions compliance period begins for NYC’s Local Law 97
Even though 89% of covered buildings are set to meet 2024 emissions targets, facilities managers must act promptly to achieve 2030 goals, experts say.
By Nish Amarnath • Jan. 8, 2024 -
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LG Energy unveils 10 grid-scale battery storage projects for 2024
The company said the investments coincided with the passage of the Inflation Reduction Act, which included significant investments in renewable energy.
By Lamar Johnson • Updated Jan. 8, 2024 -
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Equinor, BP terminate New York offshore wind project over rising costs
The European energy firms scrapped their agreement to sell power from the proposed Empire Wind 2 project, citing rising inflation, interest rates and supply chain disruptions.
By Zoya Mirza • Jan. 5, 2024 -
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Chevron blames regulations, cleanups for $4B write-off in Q4
The energy giant said California’s regulatory landscape and cleanup of decommissioned Gulf of Mexico sites are estimated to cost the company at least $3.5 billion.
By Lamar Johnson • Jan. 4, 2024 -
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Amazon to generate hydrogen onsite with Plug Power’s electrolyzer system
The hydrogen generated at Amazon’s Colorado fulfillment center will power forklift trucks and help lower emissions.
By Zoya Mirza • Jan. 4, 2024 -
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Federal court won’t reconsider decision to overturn Berkeley, California, natural gas ban
If the city wants to continue to appeal the decision, its next step would be the U.S. Supreme Court.
By Ysabelle Kempe • Jan. 4, 2024 -
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Pattern Energy scores $11B for large-scale clean energy project
The renewable energy developer said construction is underway for the clean energy infrastructure project, which it alleges is the largest “in U.S. history.”
By Lamar Johnson • Jan. 3, 2024 -
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Industry leaders blast Treasury’s draft guidance for clean hydrogen tax credits
Some leading hydrogen producers are already talking about suing to stop the implementation of the Treasury Department’s proposal, according to Mona Dajani, a partner at Baker Botts.
By Emma Penrod • Dec. 22, 2023 -
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New York finalizes climate-risk guidance for financial institutions
The state said the new rules will help banking and mortgage institutions prepare for the physical and transition risks of climate change.
By Lamar Johnson • Dec. 22, 2023 -
Courtesy of Daimler Truck
Amazon to trial Mercedes-Benz hydrogen fuel-cell trucks in 2024
Daimler Truck will deploy the GenH2 trucks for their first customer fleets, serving Amazon, Holcim, Air Products and others on long-haul tests in Germany.
By Iulia Gheorghiu • Dec. 22, 2023 -
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Gen Z, millennial investor confidence slips regarding ESG investments
The number of investors under 41 years old who wanted fund managers to advocate for environmental change, even if it decreased their investment, dropped from 85% last year to 66%.
By Iulia Gheorghiu • Dec. 21, 2023 -
Courtesy of Puma
Puma expands its textile-to-textile polyester recycling program
The company said its Re:Fibre technology would be used to create most of its club and federation replica jerseys in 2024.
By Howard Ruben • Dec. 20, 2023 -
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Unilever under UK investigation for alleged greenwashing of products
The British competition regulator will scrutinize environmental claims for consumer goods made by the CPG giant, including Dove, Comfort and Cif.
By Iulia Gheorghiu • Updated Dec. 20, 2023 -
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Q&AHow IBM’s Sustainability Accelerator’s latest cohort is tackling water management
IBM Sustainability and Social Innovation Leader Michael Jacobs talks about the social impact program’s goals and how it uses its technology to improve environmental issues in vulnerable communities.
By Lamar Johnson • Dec. 19, 2023 -
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Banks are excluded from EU’s human rights, due diligence regulation — for now
Despite opposition to leaving financial institutions out, the final draft of the Corporate Sustainability Due Diligence Directive only states the sector may need to comply at a later date.
By Lamar Johnson • Dec. 19, 2023 -
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Donuts and do nots: Krispy Kreme’s first ESG report reveals carbon emissions spike
The company said it achieved carbon neutrality in some global operations through carbon offsets, despite a jump in scope 1 and scope 2 emissions overall.
By Zoya Mirza • Dec. 18, 2023 -
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Treasury releases sustainable aviation fuel tax credit guidance
SAF manufacturers could receive an additional $0.01 per gallon over the base credit for each percentage point the fuel reduces emissions above 50%.
By Lamar Johnson • Dec. 18, 2023 -
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COP28 takeaways: More than $7B mobilized for food system climate action
With the end of the U.N. climate summit, here's a final tally of some of the major financial commitments and sustainability pledges meant to transform the agricultural and food sectors.
By Sarah Zimmerman • Dec. 18, 2023 -
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Decarbonization strategies require corporate buy-in, USGBC says
While Inflation Reduction Act funding is a “key lever to decarbonization,” building owners, operators and occupants must do more to ensure that the U.S. reaches its Paris Agreement goals, the U.S. Green Building Council says.
By Joe Burns • Dec. 15, 2023
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