Finance


  • Wind turbines stand against a backdrop of green fields and mountains.
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    Chip Somodevilla via Getty Images
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    GOP attorneys general probe Science Based Targets initiative

    A coalition of 23 state attorneys general are seeking information on SBTi and its recently rolled out net-zero standard for financial institutions.

    By Aug. 15, 2025
  • Workers hoist a solar panel on the rooftop of a home
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    Mario Tama via Getty Images
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    Homeowners rush to install solar ahead of expiring tax credits

    Business is booming for residential solar installers, but with an important residential tax credit expiring at the end of this year, the increase could be short-lived.

    By Meris Lutz • Aug. 15, 2025
  • Visual displaying components of ESG. Explore the Trendline
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    TarikVision via Getty Images
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    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
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    Moeru Matsunoo via Getty Images
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    Marsh issues insurance policy on US-based carbon removal project with ‘innovative’ financing

    The policy will protect Chestnut Carbon from the risk of not delivering carbon credits to Microsoft from a 60,000 acre afforestation project it’s developing in the American south.

    By Lauren Schenkman • Aug. 15, 2025
  • Donald Trump, holding a gavel, celebrates his signing of the One Big Beautiful Bill Act.
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    Samuel Corum via Getty Images
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    Renewable power purchase agreement prices rising in wake of One Big Beautiful Bill Act

    The average price of new wind and solar power purchase agreements is up 4% since the OBBBA’s passage. Almost a third of developers surveyed said they plan to suspend or cancel projects as a result of the reconciliation bill.

    By Emma Penrod • Aug. 14, 2025
  • An oil pumpjack is seen near a field of wind turbines
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    Brandon Bell via Getty Images
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    Nuveen raises $1.3B for energy and power infrastructure fund

    The fund will look to capitalize on a global growing need for power associated with artificial intelligence, digitalization and electrification.

    By Aug. 13, 2025
  • Aerial view of the Li-Cycle facilities in Rochester, New York.
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    Courtesy of Li-Cycle
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    Glencore completes takeover of Li-Cycle battery recycling assets

    Lithium-ion battery recycler Li-Cycle filed for bankruptcy earlier this year and cut most of its staff in North America. A European commodities firm submitted a $40 million bid for its assets in May.

    By Jacob Wallace • Aug. 12, 2025
  • Heavy smoke clouds of carbon emissions spew from three cylindrical columns rising from a factory in the background, partly obscured by trees, with the roof of a house barely visible in the foreground.
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    Mark Wilson via Getty Images
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    BlackRock, Vanguard, State Street bid to dismiss coal antitrust case fails

    A federal judge ruled that the case against the nation’s largest asset managers can proceed, as the states have alleged plausible claims.

    By Aug. 11, 2025
  • President Donald Trump speaks at a multilateral lunch with leaders from African countries in the State Dining Room of the White House on July 9, 2025, in Washington, D.C.
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    Win McNamee via Getty Images
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    Trump takes aim at alleged debanking of conservatives

    An executive order the president issued Thursday demands that regulators remove reputational risk from evaluations and review complaint data for instances of religion-based debanking.

    By Gabrielle Saulsbery • Aug. 11, 2025
  • A member of the Peoples Armed Police stands guard in front of the flag of the European Union displayed on the side of a building.
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    Kevin Frayer via Getty Images
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    Over 300 organizations ask EU to preserve scope and rigor of sustainability legislation

    Financial institutions, companies and advocacy groups released a joint statement calling for the European Union to maintain key aspects of the CSRD and CSDDD.

    By Lauren Schenkman • Aug. 8, 2025
  • A close-up of the UBS logo on a window.
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    Dan Kitwood via Getty Images
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    UBS quits Net-Zero Banking Alliance, joins global exodus

    The Swiss lender follows in the footsteps of banking peers who have departed NZBA this year, but said its “commitment to sustainability remains unchanged.”

    By Aug. 7, 2025
  • Two men install solar panels on a roof.
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    Mario Tama via Getty Images
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    EPA considers terminating $7B Solar For All program

    If the Trump administration moves forward to claw back the funding, “we will see them in court,” said Kym Meyer, litigation director at the Southern Environmental Law Center.

    By Diana DiGangi • Aug. 7, 2025
  • A persong in a coat overlooks a flooded city block of businesses.
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    Jason Davis via Getty Images
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    ISS Sustainable Solutions acquires geospatial risk modeling firm

    The Institutional Shareholder Services subsidiary bought Sust Global for an undisclosed price to allow investors to incorporate additional climate risk insights into their portfolio assessments.

    By Aug. 6, 2025
  • People seen walking down Wall Street.
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    Spencer Platt via Getty Images
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    State finance officials press US asset managers to denounce ESG, climate

    A coalition of 26 Republican state finance officials sent letters to executives at 25 firms, pushing them to denounce climate and net-zero commitments.

    By Aug. 4, 2025
  • The Canary Wharf headquarters of Barclays Bank.
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    Oli Scarff via Getty Images
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    Barclays exits Net-Zero Banking Alliance, follows HSBC

    The British bank has become the latest to depart NZBA, trailing behind HSBC and other major financial institutions who have also left the group.

    By Updated Aug. 4, 2025
  • Governor of Texas holds a meeting with the governor of Floroida.
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    (2021). [Photograph]. Retrieved from Office of the Texas Governor.
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    US states have passed 11 anti-ESG bills in 2025 so far: report

    A total of 106 bills opposing ESG were introduced in state legislatures this year, but few were passed, according to a report from Pleiades Strategy.

    By Lauren Schenkman • July 31, 2025
  • he U.S. and Texas flags fly in front of high voltage transmission towers
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    Justin Sullivan via Getty Images
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    ISS, Glass Lewis sue Texas AG over state’s newest anti-ESG law

    The nation’s top two proxy advisory firms are seeking a preliminary injunction to stop a Texas law targeting such firms from taking effect in September.

    By July 29, 2025
  • The U.S. Securities and Exchange Commission seal hangs on the facade of its building.
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    Chip Somodevilla via Getty Images
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    SEC declines to confirm whether climate disclosure rule will be upheld if it survives litigation

    The agency told an appeals court it “does not intend to review or reconsider” the rule but did not confirm whether it would enforce it if legal challenges against the rule fail.

    By July 25, 2025
  • A large outdoor sign features Meta's blue infinity loop logo on a white background above the company name "Meta" and the address, "1 Hacker Way." The sign sits on a curved concrete base in a landscaped area with mulch and dirt.
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    Alamy
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    Meta leans on $900M Enbridge solar investment to power Texas data centers

    The tech and social media conglomerate will purchase 100% of the power generated by the 600 megawatt Texas solar plant owned by the Canada-based energy developer.

    By July 24, 2025
  • Wind turbines tower over a rural landscape.
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    Scott Olson via Getty Images
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    Trump’s big bill is ‘tough but constructive’ for renewables: NextEra

    Analysts on the call were skeptical of NextEra’s claims that the company could avoid losing tax credits for its projects.

    By Emma Penrod • July 24, 2025
  • An adult uses a Citi ATM while a child stands next to the person, with Citi signage in the foreground.
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    Justin Sullivan / Staff via Getty Images
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    DOL rescinds Biden-era letter on Citi racial equity proposal

    The program, which Citi said was never implemented, was slated to provide “diverse managers” with a competitive advantage, an agency official wrote.

    By Emilie Shumway • July 23, 2025
  • Overhead shot of Wall Street in NYC April 2010
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    Spencer Platt via Getty Images
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    SBTi unveils final net-zero standard for financial institutions

    The Science Based Targets initiative’s FINZ framework is the first to guide the sector through the net-zero journey, including setting both near- and long-term portfolio targets.

    By July 22, 2025
  • The Microsoft logo is seen at an Experience Center on Fifth Avenue on April 03, 2024 in New York City.
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    Michael M. Santiago via Getty Images
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    How Microsoft is leaning on carbon removal solutions to cut its climate footprint

    The tech giant has invested in a plethora of CDR solutions this year to cut its emissions and meet net-zero goals, ranging from biochar to marine carbon dioxide removal deals.

    By , July 21, 2025
  • An aerial view of the Shotwick Solar Energy Park on February 25, 2025 in Deeside, Wales.
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    Christopher Furlong via Getty Images
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    Utilities may speed renewable projects under new tax credit timeline: Jefferies

    Utilities “with renewables-heavy plans” may accelerate wind and solar projects by several years in order to qualify for the new one-year safe harbor period, according to Jefferies.

    By Diana DiGangi • July 21, 2025
  • Specialists walking across a solar power plant.
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    Felbaba Volodymyr via Getty Images
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    Opinion

    How retail energy suppliers can navigate the new federal energy policies

    Key strategies include buying renewable energy certificates now, leveraging data and predictive analytics and growing market share.

    By Nainish Gupta • July 18, 2025
  • corporate activism backlash, Tom Lin, Temple Univ.
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    Andrew Burton via Getty Images
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    BlackRock integrates RepRisk’s ESG data into portfolio management software

    The deal will give global asset managers and owners access to RepRisk’s data on material ESG risks to companies through the Aladdin platform and expand BlackRock’s company coverage.

    By July 17, 2025