Sustainability: Page 44


  • Exterior of Google HQ
    Image attribution tooltip
    Justin Sullivan via Getty Images
    Image attribution tooltip

    How Google is decarbonizing its facilities

    Smart temperature and lighting controls, purchase power agreements and building electrification are all being used by the tech giant to reduce scope 2 emissions.

    By Joe Burns • Oct. 16, 2023
  • Outside shot of hydrogen production plant with multi-platform manufacturing equipment
    Image attribution tooltip
    Andreas Rentz/Getty Images via Getty Images
    Image attribution tooltip

    BlackRock decarbonization venture with Temasek reached $1B in climate tech investments in Q3

    CEO Larry Fink said the joint venture with the Singapore-based investment firm committed a first round of funding to five companies developing technologies that will be critical to the clean energy transition.

    By Oct. 13, 2023
  • Visual displaying components of ESG. Explore the Trendline
    Image attribution tooltip
    TarikVision via Getty Images
    Image attribution tooltip
    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 group of young protesters marching fill the frame with signs that read "Planet Over Profit" and "Climate Justice" with a sunflower sprouting bottom to top as the "i" in climate and "t" in justice.
    Image attribution tooltip
    Spencer Platt/Getty Images via Getty Images
    Image attribution tooltip

    Greenwashing growing in frequency and complexity: report

    “Social washing,” which is when companies make misleading claims of conduct on social issues, is also on the rise, according to a report from ESG data and research company RepRisk. 

    By Oct. 11, 2023
  • The headquarters of BlackRock in Manhattan.
    Image attribution tooltip
    Spencer Platt/ESG Dive, data from Getty Images
    Image attribution tooltip

    BlackRock creates net-zero investment after axing pair of ESG funds

    The asset management firm has shifted resources to climate-specific funds after the SEC updated the “Names Rule” to increase accountability on ESG funds.

    By Oct. 9, 2023
  • A red storefront entrance with a white dot-in-circle logo and an "order pickup" sign on the door. Trees and blue sky with white clouds on the right.
    Image attribution tooltip
    Daphne Howland/ESG Dive
    Image attribution tooltip

    Target increases PCR in packaging, slides on virgin plastic reduction

    The retailer said it is “applying lessons learned” to turn around the virgin plastic number.

    By Katie Pyzyk • Oct. 6, 2023
  • View of trees from corporate building
    Image attribution tooltip
    Fahroni via Getty Images
    Image attribution tooltip

    Marriott, Hilton and other hotels launch alliance for sustainable procurement

    The founding companies, also including Accor, IHG and Radisson, will use EcoVadis's rating systems to create a common sustainability standard for the industry’s value chain.

    By Jenna Graber • Oct. 6, 2023
  • Cars release exhaust fumes.
    Image attribution tooltip
    milehightraveler/E+ via Getty Images
    Image attribution tooltip

    Suppliers say automakers must balance sustainability with safety, costs

    Greater standardization of targets and measures would help the automotive industry reach net-zero emissions globally by 2050, a Center for Automotive Research report says.

    By Michael Brady • Oct. 2, 2023
  • Header image for "ESG Investors Value Disclosure Outside of Securities Filings"
    Image attribution tooltip
    Getty Images via Getty Images
    Image attribution tooltip

    75% of companies unprepared for coming ESG audits: KPMG

    As regulators worldwide begin to mandate ESG disclosures, only 25% of companies are ready for audits of their reports, KPMG said.

    By Jim Tyson • Sept. 26, 2023
  • Close up of conference room with glasses of water on the table with papers, armchairs and a large window.
    Image attribution tooltip
    Igor Kutyaev via Getty Images
    Image attribution tooltip

    22 Republican state attorneys general accuse a financial services climate alliance of potential antitrust violations

    The letter, led by Tennessee Attorney General Jonathan Skrmetti, alleges the Net Zero Financial Services Providers Alliance’s market influence could “deprive disfavored companies of economic opportunities.”

    By Sept. 18, 2023
  • A man in a blue uniform and yellow hard hat removes a package from a shelf.
    Image attribution tooltip
    Andreas Rentz via Getty Images
    Image attribution tooltip

    Ikea expands on sustainability initiative with 2 clean energy projects

    The home furnishings retailer plans to install solar panels and battery energy storage systems, along with renewable heating and cooling projects, in multiple locations across the United States.

    By Sept. 18, 2023
  • Apple logo displayed at Apple Store in New York City
    Image attribution tooltip
    Eric Thayer via Getty Images
    Image attribution tooltip

    Apple backs California climate bill requiring large companies to disclose carbon footprint

    Senate Bill 253 would require businesses operating in the Golden State that make over $1 billion to report their greenhouse gas emissions annually.

    By Sept. 14, 2023
  • Senate Holds Hearing On Reform Of US Financial Market Regulations
    Image attribution tooltip
    Brendan Smialowski / Stringer via Getty Images
    Image attribution tooltip

    Gensler says Scope 3 emissions flap delays final climate risk rule

    Republican senators criticized Gensler for what they said is a burdensome and divisive regulatory agenda.

    By Jim Tyson • Sept. 12, 2023
  • Wind turbines stand against a backdrop of green fields and mountains.
    Image attribution tooltip
    Chip Somodevilla via Getty Images
    Image attribution tooltip

    ESG ratings fluctuate for asset managers: Morningstar

    Three U.S.-based firms saw their grades move up, while UBS Asset Management slipped following its merger with Credit Suisse.

    By Sept. 11, 2023
  • A Lego retail flagship store in New York City
    Image attribution tooltip
    Permission granted by Lego Group
    Image attribution tooltip

    Lego to invest $1.4B in sustainability as it pledges net-zero emissions by 2050

    The Danish toy manufacturer plans to reduce its environmental impact by designing carbon neutral factories and producing more renewable energy.

    By Sept. 5, 2023
  • Truck driving along road with a field of wind turbines stretching across the land behind it and a storm coming in from the left side of the sky.
    Image attribution tooltip
    Mario Tama/Getty Images via Getty Images
    Image attribution tooltip

    Vanguard joins BlackRock in pouring cold water on ESG proposals

    The nation’s two largest asset management firms supported fewer environmental and social proposals in 2023, as companies voted on a record number of ESG proposals.

    By Sept. 1, 2023
  • Exterior of the U.S. EPA headquarters with two flags flying
    Image attribution tooltip
    Justin Sullivan via Getty Images
    Image attribution tooltip

    EPA enforcement priorities include new focus on landfill methane, PFAS

    The agency’s latest update to its National Enforcement and Compliance Initiatives drew comments from industry trade groups as well as New York City about potential implications for waste operations.

    By Cole Rosengren • Aug. 21, 2023
  • Solar power station and solar energy panels on the green field in Chester, New Jersey.
    Image attribution tooltip
    Alex Potemkin via Getty Images
    Image attribution tooltip
    Deep Dive

    Who will pay to decarbonize the supply chain?

    Some brands are helping their suppliers reduce greenhouse gas emissions. Others are dumping new requirements on vendors without shouldering any of the costs.

    By Ben Unglesbee • Aug. 15, 2023
  • View of trees from corporate building
    Image attribution tooltip
    Fahroni via Getty Images
    Image attribution tooltip

    6 CFO tips for handling the backlash against ESG

    The ESG backlash has compelled companies to alter their sustainability strategies, including ensuring close alignment with core business goals, the Conference Board said.

    By Jim Tyson • Aug. 9, 2023
  • Close up of Gary Gensler speaking during a senate hearing
    Image attribution tooltip
    Kevin Dietsch/Getty Images via Getty Images
    Image attribution tooltip

    Gensler pressured by 80 Democrats to adopt climate risk rule

    Democrats backed a proposed SEC rule on carbon emissions disclosure following GOP-backed hearings last month aimed at curbing federal promotion of ESG principles.

    By Jim Tyson • Aug. 7, 2023
  • Smoke stack of coal power plant
    Image attribution tooltip
    martin_33 via Getty Images
    Image attribution tooltip

    Record number of ESG shareholder proposals go to a vote

    As of June 30, approval rates for shareholder proposals focused on environmental and social issues fell compared to all of 2022, Diligent Market Intelligence said.

    By Jim Tyson • Aug. 4, 2023
  • Image attribution tooltip
    Chip Somodevilla via Getty Images
    Image attribution tooltip

    SEC takes climate rule criticism ‘very seriously’: top official

    GOP lawmakers on Tuesday accused an SEC division director of undermining capitalism by pushing for a climate risk disclosure rule.

    By Jim Tyson • July 18, 2023
  • Plant sprouting out of dollar bills
    Image attribution tooltip
    Newbird via Getty Images
    Image attribution tooltip

    Sustainability can boost bottom line: Brand Finance

    Companies that fail to live up to consumers’ perceptions of their ESG performance put hundreds of millions in value at risk, according to Brand Finance.

    By Jim Tyson • June 30, 2023
  • ESG standard setter releases global reporting rules

    The global effort to harmonize rules for corporate sustainability reporting will now focus on rallying adoption of its voluntary standards in dozens of jurisdictions worldwide.

    By Jim Tyson • June 27, 2023
  • Image of SEC seal on the side of a building.
    Image attribution tooltip
    Chip Somodevilla via Getty Images
    Image attribution tooltip

    SEC General Counsel defends climate risk disclosure rule

    Republican lawmakers accused the SEC’s top attorney of stonewalling requests for information on the agency’s regulation and enforcement.

    By Jim Tyson • June 22, 2023
  • Image attribution tooltip
    Alex Wong via Getty Images
    Image attribution tooltip

    GOP lawmakers tell Gensler not to bow to EU’s tough climate rules

    The Biden administration aims to allow strict EU standards on climate risk to guide actions by U.S. companies, according to top Republican legislators.

    By Jim Tyson • June 6, 2023