Sustainability: Page 21
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California Gov. Newsom greenlights climate disclosure acts by signing new bill
Senate Bill 219 includes a series of amendments to climate bills SB 253 and SB 261, originally approved by Newsom last October, while retaining a 2026 start date.
By Zoya Mirza • Oct. 2, 2024 -
Dem AGs: ‘We were on the verge of losing this messaging battle’ on ESG
“We're pushing back because the Republicans are rewriting reality, trying to voice the false narrative on business … and we can’t stand for that,” California AG Rob Bonta said.
By Lamar Johnson • Oct. 2, 2024 -
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 -
Siemens’ free web tool aims to simplify decarbonization for commercial, industrial businesses
The Decarbonization Business Optimizer provides baseline carbon assessments supported by datasets from federal agencies such as DOE and the EPA, Siemens Financial Services says.
By Nish Amarnath • Oct. 2, 2024 -
ESG and sustainability conferences to keep watch for in 2025
Agendas for 2025 events show an increased focus on compliance and how to meet climate goals as companies navigate the current U.S. political environment.
By Lamar Johnson , Zoya Mirza • Updated June 30, 2025 -
European Commission warns 17 member states to incorporate CSRD into national law
The Commission will not be able to achieve the “necessary level” of reporting harmonization without the full incorporation of the directive across the EU, it said last week.
By Zoya Mirza • Oct. 1, 2024 -
New program to help fashion brands navigate EU’s sustainability legislation
Nonprofit Fair Wear will launch the HRDD Academy to assist global garment and footwear brands meet the demands of the EU’s Corporate Sustainability Due Diligence Directive and other frameworks.
By Laurel Deppen • Oct. 1, 2024 -
Morgan Stanley secures $750M for climate-focused private equity fund
The 1GT fund aims to collectively avoid or cut one gigaton of carbon dioxide equivalent emissions from the Earth’s atmosphere by 2050.
By Zoya Mirza • Sept. 30, 2024 -
Opinion
Results show carbon capture’s alleged promises are full of hot air
The happy-talk DOE press information says nothing about the difficulties associated with building a first-of-its kind technology and hooking it up to a large-scale electric generator.
By Dennis Wamsted • Sept. 30, 2024 -
Schneider Electric’s building decarbonization tool aims to ease regulatory compliance
The new calculator allows building owners and operators to simulate energy-saving retrofits and evaluate their impact on emissions to aid compliance with laws such as New York City’s Local Law 97, the company says.
By Nish Amarnath • Sept. 30, 2024 -
Transparency on carbon credits’ quality is ‘critical’ for reducing corporate emissions, experts say
Verra CEO Mandy Rambharos said companies purchasing carbon credits should be able to understand where those credits come from and feel confident listing it as a decarbonization investment.
By Zoya Mirza • Sept. 27, 2024 -
EPA warns landfill owners to meet gas monitoring and collection obligations amid noncompliance
The federal agency issued alerts that revealed its findings from over 100 inspections. It noted the climate impact of failing to control methane pollution and warned landfill owners that the agency would hold them accountable.
By Jacob Wallace • Sept. 27, 2024 -
White House backs $1B EV supplier fund
Monroe Capital’s managed fund is focused on helping small- and medium-sized auto manufacturers transition to electric vehicle production.
By Kate Magill • Sept. 27, 2024 -
Now is the time to ‘lean into’ decarbonizing transportation sector: Biden climate advisor
Cutting transportation sector emissions would have both public health and climate benefits, Ali Zaidi, a national climate policy advisor for the Biden administration, said at Climate Week NYC.
By Lamar Johnson • Sept. 26, 2024 -
CEOs face hurdles in meeting net-zero targets due to decarbonization challenges: KPMG
CEOs pointed to the complexity of cutting supply chain emissions and implementing sustainable solutions as challenges affecting their net-zero target strategies.
By Suman Bhattacharyya • Sept. 26, 2024 -
Climate lawsuits against largest fossil fuel producers have almost tripled, report finds
Oil giants like ExxonMobil and Shell are increasingly facing lawsuits regarding their alleged culpability for climate change-related damages and engagement in misleading advertising.
By Lyle Moran • Sept. 25, 2024 -
2024 Elections
How a 2nd Trump administration could ‘jeopardize’ Inflation Reduction Act climate funds
If elected, could Donald Trump claw back or withhold funds from communities? Experts from Columbia University’s Sabin Center for Climate Change Law offer insight.
By Ysabelle Kempe • Sept. 25, 2024 -
Climate Week NYC 2024 kicks off with carbon removal deals, green banking coalition
The annual climate event launched with announced commitments to triple nuclear energy financing, decarbonization initiatives across the aviation sector and some carbon offset deals.
By Lamar Johnson • Sept. 24, 2024 -
Most global banks unprepared for climate change risks: report
A majority of banks lack clear climate adoption strategies, a Climate X survey of 50 of the world's largest commercial banks found.
By Suman Bhattacharyya • Sept. 24, 2024 -
Lawsuits from California AG and others take aim at ExxonMobil’s chemical recycling claims
The oil giant is facing a pair of coordinated lawsuits that collectively allege deceptive marketing, concealment of harm, and violations of nuisance and unfair competition laws.
By Maria Rachal • Sept. 24, 2024 -
State Street reduces support for E + S proposals, following other Big Three asset managers
State Street supported 6% of environmental and 7% of social proposals in the 2024 proxy season, confirming the nation’s largest asset managers all supported fewer such proposals than in 2023.
By Lamar Johnson • Sept. 23, 2024 -
Clean energy a ‘big winner’ as Fed cuts interest rates more than expected
Renewable energy projects are “very sensitive to the cost of capital,” particularly for capital-intensive technologies like offshore wind, said Mona Dajani, a partner at Baker Botts.
By Diana DiGangi • Sept. 23, 2024 -
Q&A
How Lilly’s sustainability goals come face to face with massive growth
Eli Lilly’s head of ESG is maintaining a focus on sustainability even as the company’s expansion plans in weight loss drive a larger footprint and more social scrutiny.
By Michael Gibney • Sept. 23, 2024 -
COP29
COP29 president unveils climate action agenda with no mention of fossil fuel phase out
Though the agenda introduced a spate of environmental initiatives, it lacked any direct mentions of transitioning away from fossil fuels, a goal set during COP28.
By Zoya Mirza • Sept. 20, 2024 -
House GOP passes pair of anti-ESG bills targeting ‘woke’ investment policies
House Republicans passed a pair of bills this week aimed at pension funds and the Securities and Exchange Commission that Rep. Juan Vargas, D-Calif., said are “going nowhere” in a Democrat-controlled Senate.
By Lamar Johnson • Sept. 20, 2024 -
COP29
$29 trillion investor coalition urges governments to tackle climate crisis ahead of COP29
A coalition of over 530 financial institutions is urging policymakers to “take robust action” on climate change, including mandating climate-related disclosures and boosting sustainable investments.
By Zoya Mirza • Sept. 19, 2024