Sustainability: Page 25


  • A fuel pump in focus in front of a line of waste trucks.
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    Permission granted by Clean Energy Fuels
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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
  • A Shell tanker is seen in front of an oil station.
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    Jeff J Mitchell via Getty Images
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    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 March 15, 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
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    Caiaimage/Caiaimage/Robert Daly via Getty Images
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    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 March 15, 2024
  • Gerald Johnson and UAW Vice President Mike Booth shake hands at GM's Arlington Assembly plant in June 2023.
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    Courtesy of General Motors
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    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
  • Flags fly at full staff outside the NYSE with the Wall ST sign in the foreground
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    Kena Betancur via Getty Images
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    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 March 14, 2024
  • Plastic waste on a sandy beach. Pollution of the waters of the world ocean by plastic. Polluted beach in Los Angeles, USA
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    Konoplytska via Getty Images
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    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
  • Analyst working with business analytics and data management system to generate report with metrics.
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    NicoElNino via Getty Images
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    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 March 13, 2024
  • A rooftop solar installation against the backdrop of the Chrysler Building and the Empire State Building in midtown Manhattan.
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    FernandoAH via Getty Images
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    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
  • The U.S. Securities and Exchange Commission seal hangs on the facade of its building.
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    Chip Somodevilla via Getty Images
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    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 , March 13, 2024
  • A close up of Unilever's logo.
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    Christopher Furlong via Getty Images
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    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 March 12, 2024
  • Boston skyline with a view of Prudential Center
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    Maddie Meyer via Getty Images
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    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 March 12, 2024
  • A wind turbine lays on the ground as part of a wind farm being built in New Mexico.
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    halbergman via Getty Images
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    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
  • Solar panels are mounted on the west wing roof of the Oregon State Capitol.
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    Melanie Conner via Getty Images
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    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 March 11, 2024
  • Oil rigs at sunset
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    David McNew via Getty Images
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    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 March 11, 2024
  • A tractor turns hay in a field under a partly cloudy sky.
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    David Silverman via Getty Images
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    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
  • People seen protesting for climate change.
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    David McNew via Getty Images
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    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 March 8, 2024
  • West Virginia Attorney General Patrick Morrisey
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    Patrick Smith via Getty Images
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    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 March 8, 2024
  • The U.S. Securities and Exchange Commission seal hangs on the facade of its building.
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    Chip Somodevilla via Getty Images
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    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 , March 7, 2024
  • Gary Gensler points
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    Alex Wong via Getty Images
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    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 March 6, 2024
  • Gary Gensler smiles as he prepares to sit and testify
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    Drew Angerer via Getty Images
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    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 Updated March 6, 2024
  • Gary Gensler is in focus speaking with a finger raised in front of a name card. An aide sits behind him out of focus.
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    Kevin Dietsch via Getty Images
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    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 March 5, 2024
  • A closeup of beverage cups featuring the logo of Starbucks Coffee.
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    Stephen Chernin via Getty Images
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    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 March 4, 2024
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    Andrew Burton via Getty Images
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    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 March 4, 2024
  • A person with white hair looks to the side against a yellow background.
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    Michael Loccisano via Getty Images
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    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
  • Wind farm and electricity pylons in the desert of Coachella Valley, California.
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    Phil Augustavo via Getty Images
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    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