Sustainability: Page 25
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Deep Dive
How a new wave of clean fuels bills could spur a biogas boom
New Mexico just became the fourth state to enact a program, which has the potential to give biogas projects from landfills and on-farm digesters a boost. Could more states soon follow?
By Jacob Wallace • March 18, 2024 -
Shell dilutes energy transition strategy, scraps 2035 decarbonization goal
Despite scaling back some of its targets, the oil major said its goal to attain net-zero status by 2050 “remains at the heart of [its] strategy.”
By Zoya Mirza • March 15, 2024 -
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 -
Support for ESG proposals fell by a third since 2021 record: Report
“Politics clearly had a role to play and cast a chill on the top end of proposal voting,” according to Sustainable Investments Institute Executive Director Heidi Welsh.
By Lamar Johnson • March 15, 2024 -
GM hires former Tesla exec as head of manufacturing and sustainability
Jens Peter Clausen led efforts to scale the production of EV propulsion systems at the electric automaker’s Gigafactory 1 in Nevada.
By Eric Walz • March 15, 2024 -
Net-Zero Banking Alliance updates disclosure guidance, extends to capital markets
The UN-aligned group also stressed that all member banks should act and set climate targets independently, following a flurry of antitrust allegations.
By Lamar Johnson • March 14, 2024 -
As You Sow stays the course with plastic reduction resolutions despite ESG headwinds
“I think this is a really difficult year for shareholder resolutions,” said Kelly McBee, circular economy manager at As You Sow. To date, its 2024 consumer packaging efforts target Altria, Amazon and others.
By Maria Rachal • March 14, 2024 -
Determining if GHG is material to your company: KPMG’s ESG audit leader
Maura Hodge said companies will need to take a quantitative and qualitative approach to gauge whether to disclose scope 1 and scope 2 emissions.
By Lamar Johnson • March 13, 2024 -
New York City bill would mandate solar panels on public buildings
The legislation would require 100 megawatts of solar photovoltaic systems to be installed on the roofs of city-owned buildings by the end of 2025, with a broader goal of 150 MW by 2030.
By Nish Amarnath • March 13, 2024 -
SEC’s climate disclosure rule: from proposal to approval
A look at the agency’s two-year journey to finalizing the rule amid a backdrop of conflicting opinions on its authority.
By Zoya Mirza , Lamar Johnson • March 13, 2024 -
Unilever updates climate action plan, targets scope 3 emissions reduction
The consumer goods company said it plans to completely eliminate direct emissions and reduce indirect emissions by 42%, compared to a 2021 baseline, by the end of the decade.
By Zoya Mirza • March 12, 2024 -
Massachusetts pension fund updates ESG proxy voting policies
The updates include additional information on how the state pension fund will vote on the “most important and scrutinized corporate governance topics among institutional investors.”
By Lamar Johnson • March 12, 2024 -
Renewable energy M&A is entering a new paradigm, LevelTen Energy says
The latter half of 2023 saw a significant slowdown in M&A transactions, which LevelTen Energy believes signals a shift in strategy among renewable energy developers.
By Emma Penrod • March 12, 2024 -
Oregon retirement fund to divest $1B from coal industry under new bill
Alongside its decarbonization directives, the bill also states that divestments “must be accomplished without monetary loss to the investment funds.”
By Zoya Mirza • March 11, 2024 -
Appeals court upholds oil permitting pause in California’s Kern County
The ruling sends the county back to the drawing board on both its environmental report and amendments to its permitting process for new oil and gas wells.
By Lamar Johnson • March 11, 2024 -
USDA counters claims over misuse of climate funds
An Environmental Working Group report says the majority of climate-smart agriculture funding go toward projects with no proven sustainability benefits.
By Nathan Owens • March 11, 2024 -
SEC faces legal action from environmental groups over ‘significantly weaker’ climate rule
Sierra Club said it will also take action to defend the SEC’s authority to implement such a rule.
By Zoya Mirza • March 8, 2024 -
10 Republican-led states file lawsuit to block SEC’s climate disclosure rule
The challenge, led by West Virginia, was announced before the ink could dry on the agency’s final rule.
By Lamar Johnson • March 8, 2024 -
Conflicting views on SEC’s authority set the tone for climate disclosure rule vote
The newly-passed regulation faces criticism from supporters and detractors for not going far enough and going too far, respectively.
By Zoya Mirza , Lamar Johnson • March 7, 2024 -
SEC approves final climate disclosure rule, starts compliance countdown
The rule passed by a 3-2 vote Wednesday morning, absent requirements for scope 3 reporting and slimmer scope 1 and scope 2 requirements.
By Lamar Johnson • March 6, 2024 -
SEC drops scope 3 from final climate rule, takes phased approach to scope 1 and 2 reporting
The agency said scope 3 was removed due to a large number of comments concerning compliance costs, as well as the consistency and reliability of scope 3 data.
By Lamar Johnson • Updated March 6, 2024 -
A primer on the SEC’s climate disclosure rule ahead of its vote
A look at the rule the agency proposed in 2022, what’s expected to change and what will be finalized at Wednesday’s vote.
By Lamar Johnson • March 5, 2024 -
Starbucks loses ground on emissions reduction, sets new 2030 sustainability goals
The coffee chain aims to slash its climate, water, and waste footprints by 50% by 2030, compared to a 2019 baseline.
By Zoya Mirza • March 4, 2024 -
Mounting ESG scrutiny could affect revenues, reputation: BlackRock
Increasing domestic and international ESG regulations could increase compliance costs and uncertainty, the firm said in its annual SEC filing.
By Lamar Johnson • March 4, 2024 -
Sustainable Apparel Coalition rebrands as Cascale
The move follows the December exit of CEO Amina Razvi and the organization’s step back from the Higg Materials Sustainability Index.
By Lara Ewen • March 4, 2024 -
Slowing wind installations threaten emissions progress under the IRA: report
More action on transmission may be needed for the Inflation Reduction Act to reach its full potential on climate, but the success of solar and batteries in particular could also hold policy lessons, an Energy Innovation report said.
By Emma Penrod • March 1, 2024