COP28 president, energy groups urge governments to triple renewable power by 2030

A joint report released ahead of the summit outlines key steps economies can take to transition to a clean energy system and get back on track to reach the 1.5°C Paris Agreement goal.

By Zoya Mirza • Oct. 31, 2023

More than half of consumers consider sustainability in food purchases - TetraPak

Although many respondents said they are struggling financially, only 17% indicated a desire to give up purchasing higher-priced food and beverages that are environmentally friendly, organic or healthy.

By Chris Casey • Oct. 30, 2023

Explore the Trendline➔

Top 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

Most Americans still uncertain about ESG, but consider it when making decisions: report

A majority of those surveyed feel there is a “trust gap” between what most companies say they do for ESG and their actual behavior.

By Zoya Mirza • Oct. 27, 2023

Final TCFD report notes growth in climate disclosures as task force disbands

There has been “steady momentum” in the number of companies disclosing information aligned with the group’s recommendations, but the report said more progress is needed to mitigate climate risks.

By Lamar Johnson • Oct. 27, 2023

Gensler says SEC aims to avoid overreach on climate risk rule

The SEC chief has come under fire for proposing that companies release data on greenhouse gas emissions by their suppliers and customers.

By Jim Tyson • Oct. 26, 2023

Amped-up ‘Break Free From Plastic’ legislation reintroduced in Congress

The Democrat-sponsored bill includes implications for packaging, such as federally established EPR and deposit return systems, bans on black plastic and polystyrene foam food service ware, support for reuse/refill and more.

By Maria Rachal • Oct. 26, 2023

Sustainable raw materials can’t meet future demand: report

While many fashion brands have pledged to reduce their climate impact, that won’t be feasible with the current supply chain, a new report says.

By Lauren Schenkman • Oct. 26, 2023

After years of confusion, global ESG reporting frameworks are coalescing

While the global reporting community has yet to fully adopt the International Sustainability Standards Board’s standards, they are building momentum as a reporting baseline.

By Lamar Johnson • Oct. 26, 2023

$2.7B in assets pulled from sustainable funds market: Morningstar

Sustainable fund closures outpaced new launches for the first time since 2020, and outflow outpaced investments for the fourth consecutive quarter, according to the financial research firm.

By Lamar Johnson • Oct. 25, 2023

UN-backed alliance members now represent $9.5T in assets under management: report

The Net Zero Asset Owner Alliance said 69 of its members have set intermediate targets to help align operations with a global goal of net-zero emissions by 2050. 

By Lamar Johnson • Oct. 24, 2023

131 companies urge governments to accelerate decarbonization ahead of COP28

The coalition, which includes companies like Nestlé and eBay and represents nearly $1 trillion in annual revenue, is asking policymakers to end reliance on fossil fuels through regulations and clean-energy investments.

By Zoya Mirza • Oct. 24, 2023

7 ESG trends influencing corporate strategy

Developments in the ESG landscape directing investor decisions include the consolidation of reporting frameworks, the rise of AI and data metrics, social responsibility and impending regulation from the SEC.

By Lamar Johnson , Zoya Mirza • Oct. 23, 2023

Microsoft leans on PPAs, energy efficiency, water recycling in environmental efforts

“Ensuring our buildings are energy efficient is a key first step in reducing emissions,” the tech giant said in its 2022 Environmental Report.

By Joe Burns • Oct. 23, 2023

European Commission delays sustainability reporting requirements by 2 years for non-EU countries

U.S. companies that have subsidiaries or generate a certain amount of revenue in the EU will also need to comply with the rule once implemented.

By Zoya Mirza • Oct. 20, 2023

Electric grids could be the ‘weak link’ of clean energy transition, IEA warns

A large-scale transmission buildout and development of more flexible grids are keys to keeping the Paris climate accord goals in reach, according to the International Energy Agency.

By Robert Walton • Oct. 18, 2023

Climate change leading cause for excluding companies from portfolios: report

A coalition of nonprofits released a financial exclusions tracker of companies that have been blacklisted by banks and investors over factors such as climate change, weapon and tobacco use, and human rights violations.

By Zoya Mirza • Oct. 17, 2023

How Google is decarbonizing its facilities

Smart temperature and lighting controls, purchase power agreements and building electrification are all being used by the tech giant to reduce scope 2 emissions.

By Joe Burns • Oct. 16, 2023

BlackRock decarbonization venture with Temasek reached $1B in climate tech investments in Q3

CEO Larry Fink said the joint venture with the Singapore-based investment firm committed a first round of funding to five companies developing technologies that will be critical to the clean energy transition.

By Lamar Johnson • Oct. 13, 2023

Greenwashing growing in frequency and complexity: report

“Social washing,” which is when companies make misleading claims of conduct on social issues, is also on the rise, according to a report from ESG data and research company RepRisk. 

By Lamar Johnson • Oct. 11, 2023

BlackRock creates net-zero investment after axing pair of ESG funds

The asset management firm has shifted resources to climate-specific funds after the SEC updated the “Names Rule” to increase accountability on ESG funds.

By Lamar Johnson • Oct. 9, 2023

Target increases PCR in packaging, slides on virgin plastic reduction

The retailer said it is “applying lessons learned” to turn around the virgin plastic number.

By Katie Pyzyk • Oct. 6, 2023

Marriott, Hilton and other hotels launch alliance for sustainable procurement

The founding companies, also including Accor, IHG and Radisson, will use EcoVadis's rating systems to create a common sustainability standard for the industry’s value chain.

By Jenna Graber • Oct. 6, 2023

Suppliers say automakers must balance sustainability with safety, costs

Greater standardization of targets and measures would help the automotive industry reach net-zero emissions globally by 2050, a Center for Automotive Research report says.

By Michael Brady • Oct. 2, 2023

75% of companies unprepared for coming ESG audits: KPMG

As regulators worldwide begin to mandate ESG disclosures, only 25% of companies are ready for audits of their reports, KPMG said.

By Jim Tyson • Sept. 26, 2023

22 Republican state attorneys general accuse a financial services climate alliance of potential antitrust violations

The letter, led by Tennessee Attorney General Jonathan Skrmetti, alleges the Net Zero Financial Services Providers Alliance’s market influence could “deprive disfavored companies of economic opportunities.”

By Lamar Johnson • Sept. 18, 2023