Sustainability: Page 22
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Courtesy of General Motors
GM Energy rolls out its first vehicle-to-home EV charging products
The bidirectional charging technology allows an electric vehicle’s battery to provide backup power to homes.
By Eric Walz • April 24, 2024 -
Scott Barbour via Getty Images
Shell investor to back climate resolution at oil giant’s annual meeting
The news comes shortly after Shell asked investors to reject the sustainability demands put forward by activist investor Follow This.
By Zoya Mirza • April 23, 2024 -
Explore the Trendline➔
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TrendlineThe 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 -
Scott Olson via Getty Images
General Mills plans to cut dairy emissions 40% by end of decade
The cereal giant is more than halfway to its goal of enrolling 1 million acres in its regenerative agriculture plan, according to the latest corporate sustainability report.
By Chris Casey • April 23, 2024 -
TebNad via Getty Images
New York nixes 3 offshore wind projects
The canceled projects represented 4 GW of provisionally awarded capacity, setting the state back in its goal to deploy 9 GW of offshore wind by 2035.
By Diana DiGangi • April 23, 2024 -
Craig Barritt via Getty Images
Unilever to scale back ESG pledges focused on plastic usage and diversity
The company’s decision to dial down its sustainability strategy comes shortly after it unveiled ambitious plans to curb its carbon footprint last month.
By Zoya Mirza • April 22, 2024 -
Sean Gallup via Getty Images
Apple reports it’s halved emissions since 2015 for goal of carbon neutrality by 2030
The Cupertino, California-based tech giant also set new 2030 goals for clean energy and clean water last week.
By Lamar Johnson • April 22, 2024 -
Courtesy of Ford Motor Co.
Ford, GM, Honda collaborate on standardized scope 3 emissions reporting
A new supplier questionnaire can streamline how suppliers report on climate goals and consumption.
By S.L. Fuller • April 22, 2024 -
amenic181 via Getty Images
Sponsored by Reworld™7 starting points for effective sustainability strategies
In today's environmentally conscious world, businesses cannot afford to ignore the impact of waste.
April 22, 2024 -
Igisheva Maria/Shutterstock.com
Sponsored by Alibaba.comThe role of e-commerce platforms in driving sustainability in sourcing
How do B2B e-commerce platforms drive sustainable sourcing as businesses seek global solutions?
By Rah Mahtani, Head of Marketing for North America at Alibaba.com • April 22, 2024 -
Wanan Yossingkum via Getty Images
Net-Zero Asset Owner Alliance’s updated target-setting to cover all private assets
The fourth edition of the protocols will also include guidance for members to set 2030 goals aligned with the Paris Agreement.
By Lamar Johnson • April 19, 2024 -
Christian Alminana via Getty Images
Formula 1 ‘on track’ to reach net-zero status by 2030 after emissions reduction: report
The international racing body said its carbon footprint decreased by 13% from 2018 to 2022.
By Zoya Mirza • April 18, 2024 -
Drew Angerer via Getty Images
House GOP spearheads legislation to strike down SEC climate disclosure rule
The Financial Services Committee advanced a Congressional Review Act challenge to the rule by a 28-22 vote split along party lines.
By Lamar Johnson • April 18, 2024 -
pidjoe via Getty Images
OpinionThe time is ripe for utilities to play a larger role in the energy transition
Utilities should provide upfront support to low- and moderate-income customers customers for residential electrification and decarbonization measures to prevent them from being stuck on the existing fossil fuel systems.
By Dan Bakal • April 18, 2024 -
Kevork Djansezian via Getty Images
German energy company RWE issues first pair of US green bonds for $2B
This marks RWE’s first foray into the nation’s bond market, with plans to issue $3-3.5 billion in green bonds annually in the U.S. and Europe until 2030.
By Lamar Johnson • April 17, 2024 -
Justin Sullivan via Getty Images
Texas schools fund adopts ‘ESG skeptical’ proxy voting stance
The move comes after the Lone Star State pulled $8.5 billion from BlackRock last month over its stance on fossil fuels.
By Zoya Mirza • April 17, 2024 -
Courtesy of Rimac Technologies
BMW, Rimac Technology to co-produce battery tech for EVs
The electric vehicle technology company expects the partnership — its largest and most ambitious yet — will help it become a high-volume Tier 1 automotive supplier.
By Eric Walz • April 17, 2024 -
Moeru Matsunoo via Getty Images
SBTi walks back carbon offset policy changes after staff backlash
The Science Based Targets initiative backtracked on expanding the use of environmental offsets in corporate scope 3 plans after staff called for its CEO’s resignation.
By Lamar Johnson • April 16, 2024 -
Rob Kim via Getty Images
Del Monte Foods reports GHG emissions reduction, sets net-zero goal for 2050
The food producer and distributor said it aims to achieve its sustainability goals by making changes to its own operations instead of purchasing carbon credits.
By Zoya Mirza • April 16, 2024 -
Sean Gallup via Getty Images
CIP acquires 1.3 GW of New York onshore wind projects
Copenhagen Infrastructure Partners made the acquisition through its CI V fund, which has raised billions in capital commitments for greenfield renewable energy investments.
By Diana DiGangi • April 16, 2024 -
Joe Raedle / Staff via Getty Images
Capital One shareholders urged to approve scope 3 target-setting proposal
The New York State Common Retirement Fund said the targets are necessary to fully assess the bank’s climate risk exposure and mitigation strategies.
By Lamar Johnson • April 15, 2024 -
Tomohiro Ohsumi via Getty Images
Toyota clinches $150M for new climate-focused fund
The fund will build on the car manufacturer’s inaugural 2021 climate fund, which has backed climate tech startups and carbon capture and storage companies.
By Zoya Mirza • April 15, 2024 -
Courtesy of Henkel
Henkel to engage packaging suppliers in bid to lower scope 3 emissions
The German consumer goods company behind brands like Dial soaps and Soft Scrub cleaners says about a quarter of its value chain emissions are caused by packaging and raw materials. It’s targeting decreases by 2030.
By Maria Rachal • April 15, 2024 -
Fahroni via Getty Images
SBTi to allow for expanded carbon credit use in net-zero plans despite staff opposition
The organization said it will not evaluate the quality of carbon credits when assessing how corporations’ strategies for scope 3 emissions abatement align with climate science.
By Lamar Johnson • April 12, 2024 -
Mario Tama via Getty Images
Insurers falling short on climate commitments: ShareAction
Most insurers surveyed had few or no restrictions on conventional oil and gas in both their underwriting and investment activities.
By Suman Bhattacharyya • April 12, 2024 -
Sean Gallup via Getty Images
Volkswagen subsidiary to pay nearly $49M in SEC fraud case
The SEC claims the finance unit sold bonds at a time when senior Volkswagen executives knew that more than 500,000 of their vehicles in the United States “grossly exceeded legal vehicle emissions limits.”
By Haley Cawthon • April 12, 2024
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