21 House Republicans oppose cutting clean energy credits to pay for tax cuts

“Both our constituencies and the energy industry alike remain concerned about disruptive changes to our nation’s energy tax structure,” the letter led by Rep. Andrew Garbarino, R-N.Y., said.

By Lamar Johnson • March 11, 2025

US denounces UN’s sustainable development goals, quits climate damage fund

The U.S. voted against resolutions that promoted climate action, gender equality and withdrew from the United Nations’ Loss and Damage fund, all within a day.

By Zoya Mirza • March 11, 2025

Explore the Trendline➔

The state of the clean energy transition in 2024

This year saw a large volume of initiatives and investments from corporations focused on the clean energy transition — alongside a handful of reversions on carbon reduction goals.

By ESG Dive staff

Chipotle debuts national TV ad on Roblox to promote sustainability

Created by Venables Bell & Partners, the effort demonstrates how the chain is working to link gaming, content and real-world rewards.

By Chris Kelly • March 11, 2025

Microsoft buys 1.5M tonnes of carbon credits from Climate Impact Partners

The tech giant will purchase the credits over a 30-year period, as the carbon credit project developer plants millions of native trees in India.

By Lamar Johnson • March 10, 2025

Basin Electric urges Congress to support clean energy tax credits

Inflation Reduction Act tax credits support energy infrastructure needed to meet rising demand for electricity, an Iowa Republican said during a House hearing.

By Ethan Howland • March 10, 2025

IRA funding freeze has put ‘many’ clean energy projects on pause

The uncertainty created by the funding freeze has affected projects at “various stages of development,” a clean energy executive said on a recent press call.

By Lamar Johnson • March 7, 2025

US exits climate finance initiative aimed at helping developing nations quit coal

The United States has dropped out of Just Energy Transition Partnership, a financing initiative that aims to help South Africa, Vietnam and others transition from coal to clean energy sources.

By Zoya Mirza • March 7, 2025

‘EPA’s action is illegal,’ says green group attorney about $20B GGRF funding freeze

EPA Administrator Lee Zeldin says the $20 billion freeze stopped disbursement riddled with “self-dealing [and] conflicts of interest,” while grant recipients say the freeze will not hold up to judicial review.

By Diana DiGangi • March 7, 2025

Navigating sustainability standards: A hotelier’s guide for choosing the right green certification

Alina Arnelle, chief sustainability officer at BeCause, shares five strategies to help hotels identify green certifications with the most value.

By Alina Arnelle • March 6, 2025

Demand for renewable energy projects remains strong, but supply is growing: LevelTen Energy

As more developers are forced to sell early-stage projects, a glut of supply is eroding renewable energy profits, according to data from LevelTen Energy.

By Emma Penrod • March 5, 2025

Mars pledges $27M to slash dairy emissions

The confectionery giant is partnering with New Zealand-based dairy co-operative Fonterra to fund more sustainable farming practices.

By Kelly Stroh • March 5, 2025

CarbonQuest nabs $20M to boost building decarbonization

The carbon capture technology provider said it will use this funding to scale its tech and circulate it to a wider range of clients across North America, as well as hire more talent.

By Zoya Mirza • March 5, 2025

EPA $20B funding freeze leaves ‘green bank’ nonprofits unable to pay bills

The Climate United Fund, which received a $6.97 billion Greenhouse Gas Reduction Fund grant, will soon become unable to make payroll or disburse funding to its contracted borrowers, said a spokesperson.

By Diana DiGangi • March 4, 2025

Goldman Sachs launches biodiversity bond fund to support SDGs

The fund became “one of the first fixed income funds” to focus on biodiversity conservation and remediation and support the United Nations’ Sustainable Development Goals.

By Lamar Johnson • March 4, 2025

Wells Fargo scraps net-zero target as banks recalibrate sustainability strategy

The bank is dropping its goal of achieving net-zero financed emissions across its portfolio by 2050, in addition to 2030 targets it set for sector-specific financed emissions.

By Zoya Mirza • March 3, 2025

92% of CFOs plan to boost sustainability spending

A majority of companies expect to allocate more than 2% of revenue to sustainability initiatives this year.

By David McCann • March 3, 2025

BP cuts renewable spending, doubles down on fossil fuels in strategy reset

The U.K.-based oil major said its investments in the clean energy transition business will now be “significantly lower” and range between $1.5 billion to $2 billion per year.  

By Zoya Mirza • Feb. 28, 2025

One of UK’s largest pension funds picks Amundi, Invesco to manage bulk of its portfolio

The People’s Pension credited the firms’ “commitment to responsible investment” for the move. State Street previously managed the fund’s entire portfolio.

By Lamar Johnson • Feb. 28, 2025

Anti-ESG groups intensify activism early in 2025 proxy season

Opposition to corporate sustainability efforts has grown in recent years, culminating in an anti-ESG order by President Donald Trump last month.

By Jim Tyson • Feb. 28, 2025

EU adopts omnibus proposal, trims sustainability reporting requirements

The simplified package would remove 80% of companies from the scope of the Corporate Sustainability Reporting Directive and delay reporting timelines.

By Lamar Johnson • Feb. 27, 2025

Ikea revises zero emission delivery goal, lowers ambition

The global furniture retailer said it was revising a goal to use zero emission vehicles for home deliveries by 2025 and now aiming to reach 90% of this target by 2028.

By Zoya Mirza • Feb. 26, 2025

SEC updates guidance on ESG engagement disclosures, prompts temporary confusion

BlackRock and Vanguard, the nation’s largest asset managers, temporarily paused shareholder engagement meetings after a recent update to agency guidance.

By Lamar Johnson • Feb. 25, 2025

Bloomberg unveils climate tool focused on portfolio risk management

Bloomberg’s MARS Climate aims to help portfolio managers and investors assess and manage the financial risks associated with climate change.

By Zoya Mirza • Feb. 24, 2025

TikTok taps Climeworks for carbon removal deal

The social media giant has inked a multi-year partnership to have Climeworks remove 5,100 tons of emitted carbon dioxide from the air by 2030.

By Zoya Mirza • Feb. 21, 2025

Trump’s tariffs could raise onshore wind turbine costs by 7%, slow development: WoodMac

Wind generation deployments could be reduced by nearly a third by the end of this decade due to the tariffs, according to a Wood Mackenzie analyst.

By Emma Penrod • Feb. 21, 2025