Sustainability: Page 42

  • Starbucks baristas and supporters protest outside a store.
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    Mario Tama via Getty Images
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    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 • Nov. 22, 2023
  • Climate protesters line the street with the Capitol in the background.
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    Astrid Riecken via Getty Images
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    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 • Nov. 22, 2023
  • Visual displaying components of ESG. Explore the Trendline➔
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    TarikVision via Getty Images
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    Trendline

    Top 5 stories from ESG Dive

    This year has shaped up to be a formative one for ESG, from the U.S. pulling out of major climate agreements to federal agencies recalibrating their approach to sustainability under the new administration.

    By ESG Dive staff
  • A worker loads a truck with Amazon packages.
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    Sean Gallup via Getty Images
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    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 • Nov. 21, 2023
  • The tail sections of a Southwest Airlines planes are seen at the Oakland International Airport .
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    Justin Sullivan via Getty Images
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    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 • Nov. 21, 2023
  • The headquarters of BlackRock in Manhattan.
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    Spencer Platt/ESG Dive, data from Getty Images
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    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 • Nov. 20, 2023
  • People walk in front of a JPMorgan Chase & Co. sign at its headquarters in New York City.
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    Spencer Platt via Getty Images
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    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 • Nov. 20, 2023
  • The Federal Trade Commission's marble entrance and building sign.
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    Gromit702 via Getty Images
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    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 • Nov. 17, 2023
  • EEOC, ADA,
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    David Ramos via Getty Images
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    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 • Nov. 17, 2023
  • CalPERS logo outside its building in Sacramento.
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    Max Whittaker via Getty Images
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    CalPERS aims to double climate investments to $100B by 2030

    The country’s largest pension fund said it would integrate ESG into its investment strategy and divest from companies “without credible net-zero plans.”

    By • Nov. 16, 2023
  • Governor of Texas holds a meeting with the governor of Floroida.
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    (2021). [Photograph]. Retrieved from Office of the Texas Governor.
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    Deep Dive

    The ESG battle: 4 key states shaping regulatory discourse in the US

    Left-leaning California and New York and conservative-led Florida and Texas have stepped up regulatory measures to underscore ESG’s role — or lack thereof — in their jurisdictions.

    By , • Nov. 16, 2023
  • Amina Razvi speaks at a podium on a stage.
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    Courtesy of Sustainable Apparel Coalition
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    Sustainable Apparel Coalition CEO to step down

    Amina Razvi will leave the nonprofit coalition of fashion industry brands in December.

    By Laurel Deppen • Nov. 16, 2023
  • Plastic waste floating in water, including Gatorade bottles and Lay’s potato chip packaging, that was collected in April 2022 from the Erie Basin Marina in Buffalo, New York.
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    Courtesy of New York State Attorney General
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    New York AG’s ‘first of its kind’ lawsuit against PepsiCo seeks plastic pollution accountability

    Letitia James sued PepsiCo for allegedly “harming the public and the environment with its single-use plastic packaging.” The complaint slams PepsiCo’s “misleading” plastic reduction efforts and recycling claims.

    By Maria Rachal • Nov. 16, 2023
  • Flames approach an American flag in California.
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    David McNew via Getty Images
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    US not on track to meet global warming targets, report warns

    Current climate adaptation efforts and investments are “insufficient” to reduce today’s climate-related risks, according to the Fifth National Climate Assessment.

    By • Nov. 15, 2023
  • A close up of a field
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    Permission granted by Locus AG
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    Deep Dive

    The food industry is all in on regenerative agriculture. Can farmers be convinced?

    Companies are racing to capitalize on a burgeoning industry focused on reducing emissions in agriculture. But first, they'll have to prove it's profitable to go green.

    By Miranda Lipton • Nov. 15, 2023
  • A tram passes the giant Euro symbol with high rise office buildings the city of Frankfurt am, Germany in the background
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    Hannelore Foerster via Getty Images
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    Banks might dodge EU’s supply chain sustainability regulations

    The proposed carveout for financial institutions would exclude them from having to submit climate transition plans.

    By • Nov. 14, 2023
  • World leaders attended the Climate Ambition Summit at the United Nations Headquarters
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    Kena Betancur via Getty Images
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    ESG and sustainability conferences to keep on your radar for 2024

    Upcoming events will cover sustainable finance, corporate strategy and governance, climate change, supply chain, social impact and more.

    By , • Updated June 7, 2024
  • Heavy smoke clouds of carbon emissions spew from three cylindrical columns rising from a factory in the background, partly obscured by trees, with the roof of a house barely visible in the foreground.
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    Mark Wilson via Getty Images
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    BlackRock invests $550M in Occidental’s industrial-scale direct air capture plant

    The Texas-based Stratos facility is expected to be operational in 2025 and designed to capture up to 500,000 metric tons of CO2 per year.

    By • Nov. 13, 2023
  • U.S. Sen. Roger Wicker participates in a committee hearing.
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    Anna Moneymaker via Getty Images
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    Key Republican senator drops GOP-backed carbon tariff bill

    Sen. Roger Wicker, R-Miss., withdrew his support for Republican-sponsored legislation that tied international trade policy with emissions reduction goals — the first climate progressive bill to be put forward by the party.

    By • Nov. 10, 2023
  • European Union flags are pictured outside the European Commission building. The flags are blue with a circle of yellow stars.
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    Carl Court via Getty Images
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    Environmental disclosure platform CDP to align with Europe’s sustainability standards

    The move will help U.S. companies prepare to comply with the EU’s Corporate Sustainability Reporting Directive.

    By • Nov. 10, 2023
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    David McNew via Getty Images
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    SEC commissioner suggests ‘re-proposing’ climate risk disclosure rule

    Some investors seek broader company disclosures with the aim of promoting social change rather than clarifying stock valuations, SEC Commissioner Mark Uyeda said.

    By Jim Tyson • Nov. 9, 2023
  • Youngkin sits, mouth slightly downturned with both hands on his right knee in a blue suit and green tie with a microphone. Blue background with The Economic Club of Washington, D.C., in white and red.
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    Chip Somodevilla via Getty Images
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    Democrats take control of Virginia legislature, clouding governor’s climate, abortion plans

    The election results mean stricter emission standards enacted two years ago will be the guidepost for Virginia-based auto manufacturers beginning in 2025 and more abortion protections could be on the way for all state employers.

    By • Nov. 9, 2023
  • solar panels farms cattle
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    Abhishek Chinnappa via Getty Images
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    How tech, venture capital can help food industry meet 2030 emissions goals

    Efforts like feed additives for cattle and implementing solar panels on farms can help producers decrease their carbon footprint, Ceres said in its latest report.

    By Chris Casey • Nov. 8, 2023
  • Texas oil and gas field
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    dszc via Getty Images
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    Texas voters approve $10B energy fund, with most going to build gas-fired power plants

    The fund could allocate up to $7.2 billion for new construction or upgrades of dispatchable power generation. However, opponents called it a giveaway to fossil fuel developers.

    By Robert Walton • Nov. 8, 2023
  • A man in a black shirt against a black background with the apple logo in blue
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    Stephen Lam via Getty Images
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    Apple makes strides towards reaching 2030 carbon neutrality goal in Q4

    CEO Tim Cook said 300 suppliers have agreed to use 100% clean energy for the company’s manufacturing by 2030, when Apple plans to make all its products carbon neutral.

    By • Nov. 7, 2023
  • Aerial view of the Niagara River along the U.S.-Canada border.
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    John Moore via Getty Images
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    Few companies on track to meet water sustainability targets: Ceres

    The sustainability nonprofit evaluated 72 companies from water-intensive industries, including PepsiCo, Coca-Cola, Unilever, Kellogg and Kraft Heinz.

    By • Nov. 6, 2023