HSBC partners with Google, works toward $1B climate tech investments goal

Under the new deal, companies part of the GCR-sustainability program will be able to explore venture debt financing options offered by HSBC’s specialist climate tech finance team.

By Zoya Mirza • Feb. 12, 2024

Democrats join push to stop climate funding from going to farm biogas projects

The growing movement to capture methane from livestock waste only further encourages mass-scale industrial agriculture, a group of lawmakers said in a letter to the USDA. 

By Sarah Zimmerman • Feb. 9, 2024

Explore the Trendline➔

Top 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

Shell rebrands climate tech company Studio X as Onward, eyes net-zero economy

The updated energy venture falls in line with the oil major’s goal to become a net-zero emissions energy business by 2050.

By Zoya Mirza • Feb. 8, 2024

EU passes domestic clean energy act, trailing US supply chain and climate bills

The European Commission agreed to the Net-Zero Industry Act to increase domestic manufacturing, following similar domestic production acts passed by the U.S.

By Lamar Johnson • Feb. 8, 2024

Ford created a secret team to build an affordable EV

The automaker plans to launch multiple EVs based on the platform as part of its revamped electrification strategy, CEO Jim Farley said.

By Eric Walz , Michael Brady • Feb. 8, 2024

Neighborhood-scale building decarbonization: 2 approaches

Relying on the replacement of one appliance at a time isn’t enough to meet federal and state climate goals, said the Building Decarbonization Coalition’s executive director. 

By Ysabelle Kempe • Feb. 7, 2024

Recurrent Energy raises $160M, secures Microsoft as client for solar project

The tech giant will be the sole purchaser of all the energy and renewable energy credits produced by the Louisiana-based Bayou Galion Solar project.

By Zoya Mirza • Feb. 7, 2024

Allianz launches platform tracking pathways, investments needed for net-zero

The free, open source tool will combine sector and geographic information on the emissions reductions and investments required to limit global temperature rise.

By Lamar Johnson • Feb. 2, 2024

Climate software startup Watershed clinches $100M in funding

The funding will allow the company to continue developing climate programs for clients — helping them measure, report and reduce emissions — and increase its investments in Europe.

By Zoya Mirza • Feb. 2, 2024

Bio-fueling the future: How farms are shaping the renewable energy transition in 2024

As more incentives become available, the agriculture sector is set to play a key role in expanding solar, biogas and other alternative energy sources.

By Nathan Owens • Feb. 1, 2024

BP invests in climate tech startup CHOOOSE to help decarbonize aviation industry

The oil giant’s financial backing will allow airlines to centrally manage their decarbonization initiatives, ranging from emissions calculations and reporting to carbon removals.

By Zoya Mirza • Feb. 1, 2024

The ESG industry outlook on 2024: Climate disclosure rules, proxy voting and more

The upcoming year will determine how national and international regulation, shareholder rights and proposal approvals, and scope 3 reporting influence the ESG landscape.

By Zoya Mirza , Lamar Johnson • Jan. 30, 2024

Developers rebid offshore wind contracts in New York’s fourth solicitation as Equinor and BP split

Sunrise Wind developer Ørsted also plans to split from project partner Eversource and acquire its 50% stake in the project, if the state approves its proposal.

By Diana DiGangi • Jan. 30, 2024

Ocean carbon capture startup Captura raises $21M

The company plans to begin operating its technology at a commercial scale following a fall pilot plant deployment, currently in development with energy company Equinor.

By Lamar Johnson • Jan. 24, 2024

$104M for clean energy projects in 31 federal buildings announced by DOE

The selected projects are expected to save over $29 million in energy and water costs, generating an additional 27 megawatts of clean energy capacity, the U.S. Department of Energy says.

By Nish Amarnath • Jan. 24, 2024

BCG, 1PointFive ink carbon capture removal credits deal

BCG will also collaborate with 1PointFive through consulting services, which include developing business processes that back direct air capture carbon removal credits.

By Zoya Mirza • Jan. 19, 2024

Recycling tech company Resynergi secures $6.4M to accelerate plastic circularity

The funding will help scale the company’s Continuous Microwave Assisted Pyrolysis reactor, which generates clean products with a 68% reduction in carbon dioxide equivalent.

By Zoya Mirza • Jan. 16, 2024

Hertz reverses course on electric vehicles

The company, which once said EVs would account for a quarter of its rental fleet by 2025, is selling some 20,000 electric vehicles and replacing them with gas-powered cars.

By Dan Zukowski • Jan. 16, 2024

Sphera acquires SupplyShift to improve scope 3 tracking capabilities

The deal comes as companies across the globe are facing increased regulatory pressure to report on their scope 3 emissions and carbon footprint.

By Zoya Mirza • Jan. 12, 2024

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

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

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

SEC rules Disney, Apple can’t dodge AI shareholder proposals

The entertainment and tech conglomerates must vote on the AFL-CIO’s request for the companies to disclose their AI standards, setting the stage for more AI votes this proxy season.

By Lamar Johnson • Jan. 8, 2024

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

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