Sustainability: Page 27


  • GMC Hummer EVs on the assembly line at General Motors' Factory ZERO EV plant in Detroit, Michigan.
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    Nic Antaya via Getty Images
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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
  • An oil pumpjack works at dawn in an oil field.
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    Spencer Platt via Getty Images
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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 Feb. 13, 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
  • Conference attendees seen in front of GreenBiz24 logo.
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    Lamar Johnson/ESG Dive
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    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 Feb. 13, 2024
  • The HSBC building is seen at Canary Wharf.
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    Scott Barbour via Getty Images
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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 Feb. 12, 2024
  • A view of Allegiant Stadium from the upper seating sections.
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    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
  • An exterior of the Barclays Bank headquarters
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    Oli Scarff via Getty Images
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    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 Feb. 12, 2024
  • Dairy cattle are lit from behind.
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    David McNew via Getty Images
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    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
  • U.S. Postal Service mail carrier delivers mail.
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    Joe Raedle via Getty Images
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    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 Feb. 9, 2024
  • Gas prices are seen displayed at a Shell station.
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    Justin Sullivan via Getty Images
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    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 Feb. 8, 2024
  • Wind turbines spin behind a solar energy park
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    Sean Gallup via Getty Images
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    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 Feb. 8, 2024
  • A green Mustang Mach-E GT AWD with optional Bronze Appearance Package.
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    Courtesy of Ford Motor Co.
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    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
  • Aerial shot of city buildings on a sunny day
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    adamkaz via Getty Images
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    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
  • Workers stand between solar panels.
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    Mario Tama via Getty Images
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    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 Feb. 7, 2024
  • Wind turbines stand behind a solar power park.
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    Sean Gallup via Getty Images
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    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 Feb. 6, 2024
  • Stock Market trading charts on display.
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    iStock via Getty Images
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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 Feb. 6, 2024
  • Power lines running through the woods in North Carolina.
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    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
  • Nancy Pelosi speaks outside the U.S. Capitol.
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    Chip Somodevilla via Getty Images
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    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 Feb. 5, 2024
  • ExxonMobil
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    David McNew via Getty Images
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    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 Feb. 5, 2024
  • An industrial chimney releasing fumes, steam and polluting gases.
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    Jose Gulias Trigas via Getty Images
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    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
  • The logo of the German insurer seen on a Berlin, Germany office building in 2010.
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    Sean Gallup via Getty Images
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    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 Feb. 2, 2024
  • An man stands in front computer and storage systems.
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    Morris MacMatzen via Getty Images
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    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 Feb. 2, 2024
  • Wind turbines and solar cells generate electricity as a cow lolls on the farm.
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    Perytskyy via Getty Images
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    Deep Dive

    Bio-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
  • A BP sign displays prices at a gas station.
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    Joe Raedle via Getty Images
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    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 Feb. 1, 2024
  • A wave sculpture created of plastic bottles
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    Toby Smith via Getty Images
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    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 Jan. 31, 2024
  • IKEA logo is displayed outside a store.
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    Naomi Baker via Getty Images
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    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 Jan. 31, 2024