COP28 draft text reveals fate of fossil fuels, from ‘phase out’ to no action

Though the draft agreement proposes reducing and eventually eliminating fossil fuels, some negotiators are leaning toward having no restrictions on heavy emissions-emitting products at all.

By Zoya Mirza • Dec. 6, 2023

UN, Microsoft team up to create AI platform and global climate data hub

The tech company’s tools aim to help UNFCCC and its member states plot carbon reduction strategies with simulations, benchmarks and data visualizations.

By Zoya Mirza • Dec. 5, 2023

Explore the 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

Disney says ESG policies could cut into profits

Oklahoma’s state treasurer said the filing proves taking environmental, social and governance factors into account diminishes shareholder returns.

By Lamar Johnson • Dec. 4, 2023

Democratic lawmakers call for urgent action on climate finance and fossil fuel phase-out

The letter, signed by 34 Democrats, said the U.S. has failed to adhere to its climate action commitments and must halt all public financing of international fossil fuel projects.

By Zoya Mirza • Dec. 4, 2023

Over 130 countries sign COP28 pledge to integrate food into climate action

Notably absent from the list of signatories is India, which has said it will refuse to sign on to any agreement that could compromise food security.

By Sarah Zimmerman • Dec. 4, 2023

House Republicans say climate disclosure rule puts Science Based Targets initiative outside oversight

GOP members of the House Science Committee took issue with the Biden administration's rule requiring large contractors to have emissions reductions targets validated by the international organization.

By Lamar Johnson • Dec. 1, 2023

DEI top priority for Coty as it expands global parental leave policy

The cosmetics and fragrance brand also said it had achieved its 2022 pay equity goal and has a gender pay equity gap of less than 2% across all its global management.

By Zoya Mirza • Dec. 1, 2023

The US could still get to net-zero

The U.S. could reduce nearly 90% of greenhouse gas emissions by 2050 without any Hail Mary innovations.

By Michael Jung and Adam Agalloco • Dec. 1, 2023

JPMorgan, Citi, Goldman Sachs and others launch task force to scale financing for UN’s sustainable goals

The taskforce, which is spearheaded by several banks and financial institutions, will focus on helping developing economies and increasing their access to sustainable capital.

By Lamar Johnson • Nov. 30, 2023

White House unveils national greenhouse gas monitoring strategy ahead of COP28

The framework looks to combine scattered emissions measurement, monitoring and data capabilities across federal and nonfederal entities into a streamlined resource to better support climate action.

By Zoya Mirza • Nov. 30, 2023

3M, other chemical manufacturers score win in PFAS case

The Sixth Circuit of the U.S. Court of Appeals in Cincinnati found the plaintiff could not tie the “forever” chemicals in his blood to the 10 named defendants.

By Lamar Johnson • Nov. 29, 2023

Food system transformation on the menu at COP28

Agriculture will be central to climate talks for the first time as the UN pushes nations to tackle farming's toll on the environment.

By Sarah Zimmerman • Nov. 29, 2023

American Airlines inks deal with Bill Gates-backed carbon removal startup

The Fort Worth-based airline is the first commercial customer for Graphyte and is purchasing 10,000 tons of carbon removal credits.

By Zoya Mirza • Nov. 29, 2023

Cargill accelerates efforts to end deforestation in South America as EU regulations loom

One of the world's largest commodities traders is moving up its timeline to eliminate land use conversion from supply chains in Argentina, Brazil and Uruguay. 

By Sarah Zimmerman • Nov. 28, 2023

Bloomberg tool to map data based on UN Sustainable Development Goals

The company said the enterprise tool is the first to allow investors to assess how corporations are impacting the UN’s 2030 agenda.

By Lamar Johnson • Nov. 28, 2023

Deloitte, EY partner with tech to accelerate clients’ sustainability goals

Deloitte is linking up with IBM, while EY collaborates with AspenTech, as the two consulting firms look for software tools to help mitigate companies’ carbon footprint.

By Zoya Mirza • Nov. 28, 2023

NYU’s Stern calls for system overhaul in ESG ratings

Environmental, social and governance investing should center on companies’ impacts on the environment and society rather than shareholder profit, the report argues.

By Lamar Johnson • Nov. 27, 2023

Starbucks introduces oversight committee to improve governance

The coffee chain said the Environmental, Partner and Community Impact committee will help improve its supply chain operations and employee relationships.

By Zoya Mirza • Nov. 22, 2023

Global Reporting Initiative proposes climate change, energy standards

The key focus of the two proposals is on how organizations can cut their greenhouse gas emissions and reduce energy consumption.

By Lamar Johnson • Nov. 22, 2023

Amazon prioritizing ESG in procurement, but gathering data is ‘increasingly painstaking’

Buyers said getting information from suppliers is difficult because of research and data collection challenges combined with time constraints.

By Zoya Mirza • Nov. 21, 2023

Southwest Airlines updates sustainability strategy to meet 2050 net-zero goal

The airline wants to save more than a billion gallons of jet fuel by 2035 and eliminate single-use plastics from flights by 2030.

By Lamar Johnson • Nov. 21, 2023

BlackRock nabs $1B for energy transition infrastructure fund

The Evergreen Infrastructure fund aims to invest in businesses focused on energy security and has already acquired a portfolio of renewable investments.

By Lamar Johnson • Nov. 20, 2023

JPMorgan to include low-carbon power generation in climate risk calculations

The bank said it would reduce financing in the oil and gas sector and increase financing for zero- and low-carbon power generation as part of its new “Energy Mix” policy.

By Zoya Mirza • Nov. 20, 2023

Environmental groups call on FTC to stop pair of Big Oil mergers

ExxonMobil’s and Chevron’s proposed mergers with Pioneer Natural Resources and Hess Corp., respectively, are two of the largest M&A deals in industry history and allegedly infringe on antitrust laws.

By Lamar Johnson • Nov. 17, 2023

Verizon launches annual industry wide climate risk survey

The telecommunications provider’s move to expand its risk analysis comes in the wake of an environmental and health scandal earlier this year.

By Lamar Johnson • Nov. 17, 2023