NYC pension funds to drop asset managers lacking solid net-zero plans: comptroller

“Our new standards demand that the retirement systems’ managers strengthen their net zero plans consistent with their fiduciary duty — or we will find new asset managers who will,” Brad Lander said.

By Zoya Mirza • April 25, 2025

Climate advocates brace for Trump executive order targeting nonprofits’ tax exempt status

Environmental groups are anticipating attempts to revoke their tax-exempt 501(c)(3) status, and some are vowing to fight any such attempts. 

By Diana DiGangi • April 25, 2025

Google signs first offshore wind deal in Asia Pacific region

The deal with Copenhagen Infrastructure Partners adds wind power to the search giant’s renewable energy portfolio in Taiwan, which was recently expanded to include geothermal energy.

By Lamar Johnson • April 24, 2025

Mastercard announces solar, geothermal projects for its facilities

The payments company will build a solar panel array to power its tech hub in Missouri and replace its natural gas cooling and heating system with geothermal at its New York HQ.

By Lamar Johnson • April 23, 2025

New York state pension fund commits $2.4B to climate-focused investments

The investment is part of the New York State Common Retirement Fund’s broader goal of allocating $40 billion to sustainable investments and climate solutions by 2035.

By Zoya Mirza • April 23, 2025

Mondelēz sustainability report shows challenges in lowering virgin plastic

The snack foods manufacturer detailed gaps between its 2024 virgin and recycled plastic trends and its 2025 targets in an annual report.

By Maria Rachal • April 23, 2025

Labor Dept. considers rescinding Biden-era ESG fiduciary rule

The agency asked for a suspension of litigation in the Fifth Circuit Court of Appeals, as it considers whether to get rid of the rule allowing pension funds to consider ESG factors.

By Lamar Johnson • April 22, 2025

Solar advocates lobby on strong fundamentals amid political uncertainty

As Congress weighs tax incentive cuts, and tariffs drive up materials prices, the solar industry is emphasizing the technology’s low cost and fast deployment speed.

By Diana DiGangi • April 22, 2025

Apple surpasses 60% reduction in global emissions, moves closer to 2030 climate goal

The progress builds towards the iPhone maker’s goal of achieving carbon neutrality by the end of the decade.

By Zoya Mirza • April 21, 2025

EPA granted appellate stay after judge rules to end GGRF funding freeze

A judge ruled Tuesday to end the freeze and allow grantees to access their funding, but appellate judges granted EPA a stay on that injunction late Wednesday. 

By Diana DiGangi • April 21, 2025

Energy regulator grants BlackRock renewed authorization for large utility investments

The Federal Energy Regulatory Commission gave the nation’s largest asset manager approval to continue to acquire up to 20% of voting securities for utility companies for another three years.

By Lamar Johnson • April 18, 2025

Trump administration ordered to resume IRA funding

A federal judge’s decision, which stated agencies lacked authority to pause funding, follows the president’s executive order to freeze the money on his first day in office. 

By Kate Magill • April 18, 2025

SEC approves first US ‘green’ stock exchange

The Securities and Exchange Commission gave final approval for Green Impact Exchange to open the first national exchange for sustainability offerings, with trading set to begin in 2026.

By Lamar Johnson • April 17, 2025

General Motors taps Dell sustainability head to become new CSO

Cassandra Garber will lead the automotive giant’s sustainability efforts and ESG practices starting April 22, which coincides with Earth Day.

By Zoya Mirza • April 17, 2025

Lego removes DEI mentions from latest ESG report

A webpage touting Lego’s “diverse and inclusive workplace” remains on the company’s site.

By Caroline Colvin • April 17, 2025

Microsoft signs pair of large-scale carbon removal deals with CO280, Terradot

The tech giant will purchase 3.685 million tonnes of removal credits through paper mill retrofits, and 12,000 tonnes of credits through enhanced rock weathering.

By Lamar Johnson • April 16, 2025

Occidental subsidiary secures final permit from EPA to sequester CO2 in Texas

Oxy Low Carbon Ventures’ proposed project includes three wells that aim to store 722,000 metric tons of carbon dioxide annually in Ector County.

By Zoya Mirza • April 16, 2025

NZBA scraps requirement for banks to strictly target a 1.5°C warming scenario

The United Nations’ Net-Zero Banking Alliance has updated its guidelines in the wake of departures, with its latest guidance aiming for global warming “well below 2°C.”

By Lamar Johnson • April 15, 2025

Organizations prioritize sustainability, but they’re slowed by manual data processes

A slowdown in federal sustainability mandates is pushing building operators to focus on reduction initiatives, Atrius says.

By Joe Burns • April 15, 2025

Rosendin to demo robotic solar panel installers on Texas jobsite

The electrical contractor claims the tech will triple installation speeds, enhance worker safety and help address the industry’s persistent labor shortage.

By Matthew Thibault • April 15, 2025

UN reaches deal on global shipping net-zero standard in spite of US opposition

The framework would set fuel intensity standards for the global shipping industry. The Trump administration has threatened “reciprocal measures” to offset costs for U.S. companies.

By Lamar Johnson • April 14, 2025

EnergyHub partners with GM to use EVs as grid resources

General Motors’ sales of electric vehicles jumped 94% in the first quarter. EnergyHub said its managed EV charging programs can help utilities maintain grid stability as EV demand rises.

By Robert Walton • April 14, 2025

Fighting greenwashing with transparency and trust

Avoid greenwashing with the foundation of any credible sustainability strategy: transparency.

April 14, 2025

J.P. Morgan Asset Management closes $1.5B climate, forests fund

The fund exceeded its initial close target and aims to support sustainability in forestry, timber production and carbon sequestration.

By Lamar Johnson • April 11, 2025

Physical risk playbook: How and why companies should step up their climate resiliency efforts

Investors need information on corporate resilience strategies for climate-driven disasters to price investment risks accurately, says Impax Asset Management’s Julie Gorte.

By Julie Gorte • April 11, 2025