Sustainability: Page 27
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GM hires former Tesla exec to lead EV battery strategy
Kurt Kelty was heavily involved in creating Tesla’s first Gigafactory and has been working on lithium-ion batteries since he worked at Panasonic in 1993.
By Michael Brady • Feb. 14, 2024 -
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Diamondback inks $26B deal to buy rival Endeavor Energy, creates Permian oil behemoth
The new consolidated company will be worth more than $50 billion and able to pump 816,000 barrels of oil and gas per day.
By Zoya Mirza • Feb. 13, 2024 -
Explore the Trendline➔
Alexander Koerner via Getty Images
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 -
Lamar Johnson/ESG Dive
Sustainability experts called to ‘LEAD’ a push for climate policy at GreenBiz24
Bill Weihl, former head of sustainability at Google and Facebook, said industry professionals need to urge their companies to advocate for additional green policies.
By Lamar Johnson • Feb. 13, 2024 -
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HSBC partners with Google, works toward $1B climate tech investments goal
Under the new deal, companies part of the GCR-sustainability program will be able to explore venture debt financing options offered by HSBC’s specialist climate tech finance team.
By Zoya Mirza • Feb. 12, 2024 -
Super Bowl venue touts 100% renewable energy
This NFL first comes via the Las Vegas Raiders’ partnerships with NV Energy and NZero at Allegiant Stadium, which cover all its events — even Taylor Swift concerts.
By Joe Burns • Feb. 12, 2024 -
Oli Scarff via Getty Images
Barclays ceases direct funding of new fossil fuel projects
The London-based bank will also require all its portfolio energy companies to report their scoped emissions reductions targets and any expansion plans by Jan. 1, 2025.
By Lamar Johnson • Feb. 12, 2024 -
David McNew via Getty Images
Democrats join push to stop climate funding from going to farm biogas projects
The growing movement to capture methane from livestock waste only further encourages mass-scale industrial agriculture, a group of lawmakers said in a letter to the USDA.
By Sarah Zimmerman • Feb. 9, 2024 -
Joe Raedle via Getty Images
Cost cutbacks to go hand-in-hand with emissions reduction strategy: USPS
The postal service said it plans to slash scope 1 and 2 emissions by 40% and scope 3 emissions by 20% by 2030, compared to a 2021 baseline.
By Zoya Mirza • Feb. 9, 2024 -
Justin Sullivan via Getty Images
Shell rebrands climate tech company Studio X as Onward, eyes net-zero economy
The updated energy venture falls in line with the oil major’s goal to become a net-zero emissions energy business by 2050.
By Zoya Mirza • Feb. 8, 2024 -
Sean Gallup via Getty Images
EU passes domestic clean energy act, trailing US supply chain and climate bills
The European Commission agreed to the Net-Zero Industry Act to increase domestic manufacturing, following similar domestic production acts passed by the U.S.
By Lamar Johnson • Feb. 8, 2024 -
Courtesy of Ford Motor Co.
Ford created a secret team to build an affordable EV
The automaker plans to launch multiple EVs based on the platform as part of its revamped electrification strategy, CEO Jim Farley said.
By Eric Walz , Michael Brady • Feb. 8, 2024 -
adamkaz via Getty Images
Neighborhood-scale building decarbonization: 2 approaches
Relying on the replacement of one appliance at a time isn’t enough to meet federal and state climate goals, said the Building Decarbonization Coalition’s executive director.
By Ysabelle Kempe • Feb. 7, 2024 -
Mario Tama via Getty Images
Recurrent Energy raises $160M, secures Microsoft as client for solar project
The tech giant will be the sole purchaser of all the energy and renewable energy credits produced by the Louisiana-based Bayou Galion Solar project.
By Zoya Mirza • Feb. 7, 2024 -
Sean Gallup via Getty Images
Green investor Brookfield scores $10B for latest energy transition fund
The fund will invest in the expansion of clean energy, the development of sustainable solutions and the decarbonization strategy of companies from high-emitting sectors.
By Zoya Mirza • Feb. 6, 2024 -
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US sustainable funds saw net outflows in 2023: Morningstar
However, the amount of total assets in U.S. sustainable funds increased last year, and Bloomberg reported the global ESG bond market opened 2024 with a record January.
By Lamar Johnson • Feb. 6, 2024 -
Clean energy groups back Duke Energy multi-value local transmission planning proposal
If approved, Duke could have the only local planning process that uses proactive, multi-value scenario planning, according to North Carolina clean energy groups.
By Ethan Howland • Feb. 6, 2024 -
Chip Somodevilla via Getty Images
Democrats urge Congress to block anti-ESG investing riders in appropriations bills
The letter, signed by 65 democratic lawmakers, said the riders are “contrary to what the American public wants” and interfere with investment decisions.
By Zoya Mirza • Feb. 5, 2024 -
David McNew via Getty Images
Arjuna Capital, Follow This pull Exxon climate proposal after lawsuit
Natasha Lamb, Arjuna Capital’s chief investment officer, warned the lawsuit will silence investors concerned about climate risks.
By Lamar Johnson • Feb. 5, 2024 -
Jose Gulias Trigas via Getty Images
ASHRAE, ICC unveil draft standard for GHG emission assessment in buildings
The proposed Standard 240P intends to provide a common platform to measure and report greenhouse gas emissions of buildings, the organizations say.
By Nish Amarnath • Feb. 5, 2024 -
Sean Gallup via Getty Images
Allianz launches platform tracking pathways, investments needed for net-zero
The free, open source tool will combine sector and geographic information on the emissions reductions and investments required to limit global temperature rise.
By Lamar Johnson • Feb. 2, 2024 -
Morris MacMatzen via Getty Images
Climate software startup Watershed clinches $100M in funding
The funding will allow the company to continue developing climate programs for clients — helping them measure, report and reduce emissions — and increase its investments in Europe.
By Zoya Mirza • Feb. 2, 2024 -
Perytskyy via Getty Images
Deep DiveBio-fueling the future: How farms are shaping the renewable energy transition in 2024
As more incentives become available, the agriculture sector is set to play a key role in expanding solar, biogas and other alternative energy sources.
By Nathan Owens • Feb. 1, 2024 -
Joe Raedle via Getty Images
BP invests in climate tech startup CHOOOSE to help decarbonize aviation industry
The oil giant’s financial backing will allow airlines to centrally manage their decarbonization initiatives, ranging from emissions calculations and reporting to carbon removals.
By Zoya Mirza • Feb. 1, 2024 -
Toby Smith via Getty Images
Global standard-setter proposes ethics guidelines to curb greenwashing risks
The International Ethics Standards Board for Accountants prepared a pair of ethics standards to help sustainability experts foster trust.
By Lamar Johnson • Jan. 31, 2024 -
Naomi Baker via Getty Images
Ikea makes strides in reducing carbon footprint, attributes progress to clean energy initiatives
The home furnishings retailer said its greenhouse gas emissions declined by 11.5% from the previous year and it has updated its climate strategy to reach net-zero by 2050.
By Zoya Mirza • Jan. 31, 2024
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