Sustainability: Page 24


  • SEC Chair Gary Gensler testifies before Congress
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    Win McNamee via Getty Images
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    SEC asks 8th Circuit not to pause climate rule pending challenges

    The agency said Liberty Energy and Nomad Proppant Services have “identified no imminent harm” that would justify halting the rule’s implementation.

    By March 29, 2024
  • Nissan President and Chief Executive Officer Makoto Uchida.
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    Courtesy of Nissan Motor Co. Ltd
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    Nissan’s new EV plan aims for significant cost reduction

    ‘The Arc’ plan includes launching new EVs, manufacturing improvements and the adoption of new technologies to boost global sales.

    By Eric Walz , Michael Brady • March 29, 2024
  • Power lines and wind turbines are seen at dawn. Explore the Trendline
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    Alexander Koerner via Getty Images
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    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
  • Larry Fink, CEO of BlackRock, speaks at a roundtable discussion.
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    Sean Gallup via Getty Images
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    Mississippi hits BlackRock with cease and desist order over ESG investments

    The secretary of state accused the world’s largest asset manager with securities fraud and said it could face a multimillion-dollar administrative penalty.

    By March 28, 2024
  • Close up view of blue plastic beverage bottles.
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    Galina Shafran via Getty Images
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    Sustainable sourcing platform Circular eyes expansion with $10.5M in funding

    Circular plans to expand internationally, add employees and introduce materials besides plastics to the platform.

    By Katie Pyzyk • March 28, 2024
  • Close up shiny wooden law gavel in dark brown color on top of a wooden table in an office.
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    Stock Photo via Getty Images
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    SEC battles climate disclosure rule legal challenges

    The agency faces nine petitions to the rule consolidated in the U.S. Eighth Circuit of Appeals, including suits collectively co-filed by 25 states.

    By , Updated Aug. 20, 2024
  • Opinion

    The SEC makes the call: Climate risk equals financial risk

    When the SEC’s climate disclosure rule is paired with other climate reporting directives, the shift within the financial landscape will be monumental.

    By Bob Hinkle • March 27, 2024
  • The exterior of the Labor Department building, with a sign that says "United States Department of Labor"
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    Alex Wong via Getty Images
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    Labor Dept. responds to Republican AGs appeal of ESG 401(k) rule

    Liberty Energy, which also is challenging the Securities and Exchange Commission’s climate disclosure rule, joined the 26 states in the appeal.

    By March 26, 2024
  • Jim Jordan, Chairman of the House Judiciary Committee, strikes the gavel to start a hearing.
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    Drew Angerer via Getty Images
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    House Judiciary subpoenas As You Sow CEO, expands antitrust probe

    The Republican-led committee has summoned Andrew Behar, head of the shareholder advocacy group, for a deposition later this week as part of its ongoing ESG probe.

    By March 26, 2024
  • A 'Citi' sign is displayed outside Citigroup Center near Citibank headquarters in Manhattan on December 5, 2012 in New York City.
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    Mario Tama via Getty Images
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    Citi agrees to disclose green financing ratios, following JPMorgan

    The New York City comptroller has withdrawn shareholder proposals with the two banks. The measure faces votes at four other banks.

    By March 25, 2024
  • A sign hangs on the BlackRock offices
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    Andrew Burton via Getty Images
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    Column

    ESG isn’t just BlackRock’s fight

    If it seems like banks are backing off of their sustainability efforts, comments from Barclays, TD and UBS may give added perspective.

    By Dan Ennis • March 25, 2024
  • Newly-installed solar panels face the sky at the construction site of a new solar energy park as wind turbines spin behind in Germany.
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    Sean Gallup via Getty Images
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    Treasury issues clarifying guidance on the IRA’s energy community bonus credit

    The guidance expands the definition of an energy community and the nameplate capacity attribution rule for offshore wind projects.

    By Diana DiGangi • March 25, 2024
  • Containers of Nestle hot chocolate mix are seen on a store shelf.
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    Justin Sullivan via Getty Images
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    Nestlé launches pair of initiatives to decarbonize cocoa supply chain

    The global food company said its new projects aim to reduce and remove over 500,000 metric tons of carbon over a 20-year period.

    By March 22, 2024
  • a judges gavel rests on top of a desk
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    Joe Raedle via Getty Images
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    SEC to face all climate rule challenges in U.S. 8th Circuit Court of Appeals

    The agency had nine legal challenges to its rule requiring public companies to disclose certain climate risks consolidated into one venue.

    By March 22, 2024
  • The curved banner of a Walmart store, the brand name in white letters and the characteristic yellow sunburst logo to the right, against a blue sky.
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    Daphne Howland/ESG Dive
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    Flexing for the planet: How Walmart crushed its supplier emissions target

    The retail giant leaned on education, financing and recognition to get its supply chain on board with Project Gigaton, a sustainability executive with the company told Supply Chain Dive.

    By Ben Unglesbee • March 22, 2024
  • Protesters seen outside BlackRock's Manhattan headquarters.
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    Spencer Platt via Getty Images
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    Texas schools fund pulls $8.5B from BlackRock over ESG

    The divestment is the latest from the Lone Star State, which has already placed BlackRock on restricted lists over its stance on fossil fuels.

    By March 21, 2024
  • A Schneider National driver plugs an electric Freightliner eCascadia into a charger.
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    Courtesy of Schneider National
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    White House unveils zero-emission truck charging, fueling infrastructure plan

    The plan will guide zero-emission, medium- and heavy-duty truck charging and hydrogen fueling infrastructure deployment through 2040.

    By Colin Campbell • March 21, 2024
  • Rep. Bill Huizenga speaks with glasses and a pen in one hand.
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    Kevin Dietsch via Getty Images
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    House GOP continues to hammer SEC over climate rule

    The House Financial Services Committee questioned the agency’s authority to promulgate the climate disclosure regulation both in the chamber and on the road.

    By March 21, 2024
  • A vehicle's tailpipe emitting exhaust.
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    Justin Smith/iStock/Getty Images Plus via Getty Images
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    EPA softens vehicle emissions standards in win for automakers

    The final rule steadily tightens the requirements, giving automakers more time to ramp up EV sales.

    By Michael Brady • March 21, 2024
  • Building and assembling a construction wind turbines farm by a crane
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    Olya Solodenko via Getty Images
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    Morningstar launches indexes on companies’ transition to low carbon economy

    The financial services firm believes the indexes offer “a very different way” for investors who want to target the climate transition, while “maintaining exposure to high carbon-intensive sectors.”

    By March 20, 2024
  • Offshore wind turbines are seen standing in the ocean against a blue sky.
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    Fokkebok via Getty Images
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    South Fork Wind becomes first US utility-scale offshore wind farm to complete construction

    The completion of Ørsted and Eversource’s 130-MW project gets New York closer to its goal of deploying 9 GW of offshore wind by 2035.

    By Diana DiGangi • March 20, 2024
  • Carbon capture plant seen on a filed.
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    Courtesy of Spiritus
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    Los Alamos-based Spiritus to launch large-scale carbon capture facility

    The Orchard One facility aims to capture and sequester up to 2 megatons of carbon dioxide from the atmosphere annually, once operational.

    By March 19, 2024
  • SEC Chair sits with an even expression
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    Chip Somodevilla via Getty Images
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    Federal appeals court pauses SEC climate rule implementation

    The climate disclosure regulation is now on pause pending a review from the U.S. Fifth Circuit Court of Appeals, as the first of multiple challenges yields action.

    By March 19, 2024
  • Solar project
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    Courtesy of The Rockefeller Foundation
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    Q&A

    Rockefeller Foundation’s new CFO: Climate crisis is a ‘big motivator’

    Keith Olson took the finance reins of the 111-year-old philanthropic powerhouse earlier this month. He is an alum of the Bill & Melinda Gates Foundation.

    By Maura Webber Sadovi • March 19, 2024
  • Google logo displayed in front of building.
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    Justin Sullivan via Getty Images
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    Google pledges to buy $35M in carbon removal credits, matches DOE

    The tech giant’s commitment builds on the Department of Energy’s initiative to scale the carbon removal purchase sector.

    By March 18, 2024
  • An aerial view of German solar and onshore wind farm
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    Sean Gallup via Getty Images
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    KKR announces $3B takeover of European renewable energy producer Encavis

    The independent power producer said it will also up its 2027 operating capacity target to 7 gigawatts.

    By March 18, 2024