Finance
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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 Lamar Johnson • July 29, 2025 -
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 Zoya Mirza • July 25, 2025 -
Explore the Trendline➔
TarikVision via Getty ImagesTrendlineTop 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 -
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 Lamar Johnson • July 24, 2025 -
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 -
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 -
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 Lamar Johnson • July 22, 2025 -
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 Zoya Mirza , Lamar Johnson • July 21, 2025 -
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 -
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 -
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 Lamar Johnson • July 17, 2025 -
Q&A
California’s 2026 climate-risk reporting deadlines are here to stay: KPMG
Despite regulatory uncertainty at the U.S. federal level and internationally, California’s forging ahead and expecting companies to disclose their climate risks starting next year.
By Lamar Johnson • July 14, 2025 -
HSBC departs Net-Zero Banking Alliance, following US banks
The U.K.-based bank became the latest to exit the United Nations-backed NZBA, following in the footsteps of Wall Street's exodus from climate alliances.
By Lamar Johnson • July 11, 2025 -
Trump seeks tighter restrictions on wind and solar with executive order
The order seeks to “ensure that policies concerning the ‘beginning of construction’ are not circumvented” by wind and solar projects.
By Diana DiGangi • July 10, 2025 -
Mars unveils emissions reduction progress, launches $250M green investment fund
The confectionery giant has reduced its emissions by over 16% from a 2015 baseline, while scaling growth by 69% in the same time frame.
By Zoya Mirza • July 10, 2025 -
European Commission proposes simplifying sustainability taxonomy
The changes would reduce the number of reported data points by 89% for financial institutions and 64% for non-financial companies.
By Lamar Johnson • July 8, 2025 -
JPMorgan launches carbon market blockchain app
In a bid to boost data standardization and transparency, the bank is working with three global carbon registries to test the viability of tokenizing the voluntary carbon market.
By Lamar Johnson • July 7, 2025 -
Allianz launches platform to help businesses assess, mitigate climate risks
The group’s commercial insurance unit unveiled CAReS last week, which aims to help companies better understand climate-associated risks and the impact they have on company assets.
By Zoya Mirza • July 7, 2025 -
House passes Senate version of Trump’s megabill, altering clean energy economy
President Donald Trump promised additional executive branch restrictions on wind, solar and EV subsidies in exchange for Freedom Caucus members' support of the bill, Rep. Ralph Norman, R-S.C., said.
By Diana DiGangi • July 3, 2025 -
Senate passes megabill that curbs IRA tax credits, drops wind and solar tax
The amended bill also offers an exception to the onerous “placed in service” deadline of 2027 for projects that begin construction within a year of its passage.
By Diana DiGangi • July 2, 2025 -
House committee clears bill to limit retirement fund managers from using ESG factors
The bill, which reverses course on a Biden-era regulation, would issue a variety of documentation requirements for any use of “non-pecuniary” factors by retirement plan managers.
By Lamar Johnson • July 1, 2025 -
Senate reverses course on IRA cuts, proposing harsh tax on renewables
Former Trump senior adviser Elon Musk on Saturday said the Senate’s latest draft of the bill “gives handouts to industries of the past while severely damaging industries of the future.”
By Diana DiGangi • June 30, 2025 -
Sierra Club drops BlackRock as asset manager over failure to address climate risk
The environmental group’s charitable arm is shifting its funds to Nia Impact Capital and Xponance, which it described as “more financially responsible” investment firms.
By Zoya Mirza • June 27, 2025 -
Senate negotiating IRA tax credits, aims to vote on budget bill Friday
Sen. Kevin Cramer, R-N.D., said there is “work being done” on the residential solar tax credit, which the House and the Senate Finance Committee voted to eliminate.
By Diana DiGangi • June 26, 2025 -
Over 200 actors call on SAG-AFTRA pension to divest fossil fuels
High-profile actors including Jane Fonda, Don Cheadle and Mark Ruffalo signed onto the campaign urging Hollywood’s pension plan to ditch more than $100 million in fossil fuel investments.
By Lamar Johnson • June 25, 2025 -
$1.4B in new clean energy factories, projects canceled in May: E2
Nearly $15.5 billion in clean energy investments have been canceled since the beginning of the year, representing 30 canceled, closed or downsized projects.
By Lamar Johnson • June 24, 2025