ESG leadership increasingly leaning on in-house legal teams: report

As regulatory and litigation pressure weighs on companies, general counsels are taking a more active role in ESG strategies, per a recent survey conducted by Corporate Counsel and Morrison Foerster.

By Suman Bhattacharyya • Aug. 26, 2024

First national U.S. green bank launches with IRA funding

The Coalition for Green Capital said it’s open for business and seeking to build a U.S. network of green banks that will mobilize capital for clean energy.

By Lamar Johnson • Aug. 23, 2024

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

Uber taps former Tesla exec to oversee sustainability strategy, shift to EVs

Rebecca Tinucci, previously Tesla’s head of charging, will oversee the ride-share giant’s transition to becoming an emissions-free mobility platform by 2040.

By Zoya Mirza • Aug. 23, 2024

Coca-Cola ‘on track’ for packaging recyclability goal, ‘behind plan’ on recycled content target

In an environmental update, the beverage giant reported that progress on reusable packaging formats and recyclability was stagnant in 2023 while its rate of recycled PET use ticked up.

By Maria Rachal • Aug. 23, 2024

BlackRock’s support for E+S proposals whittles away in 2024 proxy season

The nation’s largest investment manager noted a rise in shareholder proposals focused on environmental and social matters and  anti-ESG filings.

By Lamar Johnson • Aug. 22, 2024

Ford scraps electric SUV plans, delays next-generation truck

The automaker is taking a $400 million hit as it shifts its electrification strategy yet again.

By Haley Cawthon • Aug. 22, 2024

World Bank raises $6.5B for pair of sustainable development bonds

The two transactions pulled in over 300 orders and attracted capital from a diverse investor group, including bank treasuries, central banks and asset managers.

By Zoya Mirza • Aug. 22, 2024

NASA launches greenhouse gas detection instrument

The Tanager-1 satellite aims to detect the source of methane and carbon dioxide emissions on Earth from space and provide “actionable data” to help reduce these emissions.

By Zoya Mirza • Aug. 21, 2024

Qnergy to expand methane conversion efforts to curb Utah’s emissions footprint

Amid super pollutant risks, Qnergy is working to scale its methane conversion toolset by working with municipalities and waste management firms, CEO Ory Zik told ESG Dive.

By Suman Bhattacharyya • Aug. 21, 2024

Friend or foe: Unpacking what the amicus briefs say about the SEC’s climate rule

Amicus briefs in the Securities and Exchange Commission’s ongoing lawsuit concerning its climate disclosure rule find institutional investors and businesses largely on opposite sides.

By Lamar Johnson • Aug. 20, 2024

General Motors to lean on solar power for three assembly plants

The car manufacturer has signed a 15-year renewable power purchase agreement to support its operations at three assembly plants located in Michigan and Missouri.

By Zoya Mirza • Aug. 20, 2024

Uber and BYD partner to introduce more EVs to global markets

The project aims to add 100,000 EVs to the ride-hailing platform.

By Kalena Thomhave • Aug. 20, 2024

​​Franklin Templeton, Sun Life subsidiaries join Climate Action 100+ exodus

The financial institutions’ withdrawals came after Goldman Sachs’ asset management arm announced it was leaving the climate action investor group.

By Zoya Mirza • Aug. 19, 2024

SunPower’s bankruptcy does not imply similar fates for competing solar companies, analyst says

Higher interest rates hit SunPower harder than competitors like Sunnova and Sunrun because it relied more on solar financing from loans versus third party options, said Raymond James analyst Graham Price.

By Diana DiGangi • Aug. 19, 2024

Meta to procure 374 MW of clean energy from RWE solar farms

The tech conglomerate has signed two power purchase agreements with the German energy company to build on its sustainability goals.

By Zoya Mirza • Aug. 16, 2024

Federal judge issues permanent injunction on Missouri anti-ESG rules

The court ruled that a pair of the state’s rules on socially responsible investing are preempted by national laws covering securities and pensions — and also unconstitutional.

By Lamar Johnson • Aug. 16, 2024

United Airlines gets sustainable fuel greenwashing lawsuit tossed

A federal court dismissed a class-action suit brought against the airline that alleged it deceptively advertised its sustainable aviation fuel efforts.

By Lamar Johnson • Aug. 15, 2024

Market headwinds force owners to hit the brakes on EV projects

Financing woes, soaring material prices and waning demand are causing auto and battery makers to delay jobs, even those that have already started.

By Sebastian Obando • Aug. 15, 2024

UN urged to include fossil fuel phase-out in climate pact

A group of 77 Nobel laureates and global leaders said it was “gravely concerned” that the latest iteration of the Pact for the Future did not mention fossil fuels at all.

By Zoya Mirza • Aug. 14, 2024

Standard Chartered unveils account linking clients’ rates to their ESG performance

The corporate banking product will be first piloted in the bank’s Hong Kong and Singapore markets before a further rollout “in due course.”

By Lamar Johnson • Aug. 14, 2024

Ebon Solar to build $942M New Mexico plant

The manufacturer is the second company to make a massive investment in Albuquerque’s solar sector.

By Sara Samora • Aug. 14, 2024

Anti-ESG proposals drove the increase in ESG proxy submissions: Morningstar

“For the first time, the growth in new resolutions was dominated by proposals from ‘anti-ESG’ filers,” per Morningstar Sustainalytics’ director of stewardship research and policy.

By Lamar Johnson • Aug. 13, 2024

​​Standard Chartered scores $235M green loan for Texas solar plant

The six-year loan will back the development of a 1.35 million square foot plant which will be operated by renewable energy company Trinasolar.

By Zoya Mirza • Aug. 13, 2024

EPA unveils labels for green construction materials

The program will support the Biden administration’s Buy Clean Initiative to boost lower-carbon building products on federal projects.

By Julie Strupp • Aug. 13, 2024

Goldman Sachs latest to depart Climate Action 100+

The firm’s exit follows other high-profile financial institutions that quit CA100+ earlier this year, including JPMorgan Asset Management and State Street Global Advisors.

By Zoya Mirza • Aug. 12, 2024