Sustainability: Page 2
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Trump pauses renewable projects leasing on federal lands, waters
The Department of the Interior issued the order on Donald Trump’s first day in office, though just a small portion of the nation’s renewable energy capacity is located on government land.
By Lamar Johnson • Jan. 29, 2025 -
Triumvirate Environmental confirms private equity investment
Berkshire Partners’ investment values the Massachusetts-based environmental services company at $1.8 billion and marks the latest example of growing interest in the sector.
By Cole Rosengren • Updated Feb. 4, 2025 -
Explore the Trendline➔
Alexander Koerner via Getty ImagesTrendlineThe 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 -
American Express’ travel arm unveils emissions-based carbon pricing tool
American Express Global Business Travel said its new tool will help business travelers calculate their carbon footprint and direct investments toward sustainability initiatives.
By Zoya Mirza • Jan. 28, 2025 -
BlackRock launches brown to green material fund to back low-carbon transition
The materials sector-focused fund will be the first the firm launches under the United Kingdom’s “Sustainability Improvers” label.
By Lamar Johnson • Jan. 28, 2025 -
USDA releases guidance on climate-smart crops in biofuels
The interim rule gives insight into how farmers can access renewable fuel tax credits, though a Trump administration freeze on recent federal regulations is creating more uncertainty.
By Sarah Zimmerman • Jan. 28, 2025 -
Companies continue to pursue scope 3 reporting, despite regulatory and data collection challenges
Mejuri and Kontoor Brands are working with supplier networks to improve transparency of scope 3 reporting, while LinkedIn is using an internal carbon fee as an oversight mechanism.
By Suman Bhattacharyya • Jan. 27, 2025 -
State AGs threaten financial institutions over ESG, DEI policies
Bank of America, BlackRock, Citigroup, Goldman Sachs, JPMorgan Chase and Morgan Stanley were all asked about how they plan to implement or have implemented hiring or supplier diversity goals.
By Lamar Johnson • Jan. 27, 2025 -
Deep Dive
Tech industry works to meet AI’s energy demands as ESG use cases grow
“I don't think we're going to ever capture the opportunities of AI if we don't think about it in a responsible way,” Cisco Chief Sustainability Officer Mary de Wysocki told ESG Dive.
By Lamar Johnson • Jan. 24, 2025 -
Northern Trust AM exits Climate Action 100+, Net-Zero Asset Managers initiative
The departure is the latest in Wall Street’s continued exodus from climate-focused alliances and groups as sector scrutiny heats up under the new Trump administration.
By Zoya Mirza • Jan. 24, 2025 -
Trump freezes Inflation Reduction Act funding
The White House later issued a memo to clarify the funding pause, specifying that it pertains only to aspects of the law mentioned in Section 2 of the executive order.
By Kate Magill • Jan. 24, 2025 -
Judge dismisses New York City’s lawsuit against Big Oil
A state judge ruled that NYC had failed to demonstrate that ExxonMobil, Shell, BP and the American Petroleum Institute had deceived consumers about the climate impact of their fossil fuel products.
By Zoya Mirza • Jan. 23, 2025 -
Investor interest in solar, storage cools amid Trump administration uncertainty
Venture capital investment dropped 36% in 2024 for solar companies and 60% in energy storage, according to Mercom Capital Group.
By Emma Penrod • Jan. 23, 2025 -
JLL establishes energy advisory and sustainability practice
The global real estate services company will now provide technical expertise on energy sourcing, efficiency and end-use optimization across the company’s business lines.
By Joe Burns • Jan. 22, 2025 -
Trump executive orders halt wind development, declare energy emergency
The orders pause wind lease sales and permitting on federal lands while taking steps to accelerate other forms of energy production.
By Diana DiGangi • Jan. 22, 2025 -
Trump pulls US from Paris Agreement — again — in packed day one slate
The president’s executive order freezes all funding related to the 2015 global climate treaty and also rescinds the nation’s International Climate Finance plan.
By Lamar Johnson • Jan. 21, 2025 -
Federal Reserve exits climate-focused central bank coalition ahead of Trump’s inauguration
The U.S. central bank said the work of the Network of Central Banks and Supervisors for Greening the Financial System has “broadened in scope” and no longer falls within its “statutory mandate.”
By Zoya Mirza • Jan. 21, 2025 -
Google inks pair of ‘largest biochar carbon removal deals to date’
“The magnitude of these Google purchases speak to the importance of biochar as a carbon removal tool,” according to the CEO of Varaha, one of the companies involved.
By Lamar Johnson • Jan. 17, 2025 -
O-I Glass secures DOE funding as it begins Ohio decarbonization project
The glass packaging company will bring together energy efficiency technologies to upgrade furnace infrastructure, aiming to reduce carbon intensity by as much as 40%.
By Maria Rachal • Jan. 17, 2025 -
Biden orders Energy, Defense departments to lease sites for AI data centers, clean energy generation
The executive order calls for using “categorical exclusions” to rapidly site data centers and power generation.
By Robert Walton • Jan. 17, 2025 -
Opinion
The dual mandate: how CSOs and CFOs are tackling the regulatory and digital evolution in 2025
In the year ahead, chief sustainability officers and chief financial officers must combine digital sustainability leadership with financial discipline to thrive in a new low-carbon economy.
By Mandi McReynolds and Jill Klindt • Jan. 16, 2025 -
Federal judge rules against American Airlines in 401(k) ESG lawsuit
A judge ruled the airline violated its fiduciary duty to loyalty through its retirement plan management, though experts say “the bar is being set really low for what's a violation.”
By Lamar Johnson • Jan. 15, 2025 -
Supreme Court denies Big Oil’s bid to toss Honolulu climate case
Justices denied petitions put forward by Sunoco LP and Shell that asked for a review of a Hawaii State Supreme Court decision that allowed Honolulu’s climate lawsuit to continue.
By Zoya Mirza • Jan. 15, 2025 -
NZAM suspends all activities after BlackRock’s exit
The United Nations-backed Net-Zero Asset Managers initiative has pulled its signatories page and won’t assess their commitments while it undergoes a review.
By Lamar Johnson • Jan. 14, 2025 -
Barclays’ head of sustainability steps down as sector scrutiny heats up
Barclays’ Group Head of Sustainability Laura Barlow will leave her leadership role but continue at the bank as a senior adviser, a bank spokesperson told ESG Dive.
By Zoya Mirza • Jan. 14, 2025 -
Opinion
Will the success of Biden’s clean energy policies impede Trump’s agenda?
Because of the Inflation Reduction Act's success across the country, Trump may encounter obstacles in his attempt to undo it, including opposition from members of his own party.
By Kenneth Irvin and Ogemdi Maduike • Jan. 14, 2025