Sustainability: Page 7


  • Trump holds up an executive order after signing it on at a post-inauguration parade in Capital One Arena
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    Anna Moneymaker via Getty Images
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    Trump pulls US from Paris Agreement — again — in packed day one slate

    The president’s executive order freezes all funding related to the 2015 global climate treaty and also rescinds the nation’s International Climate Finance plan.

    By Jan. 21, 2025
  • Federal Reserve chairman Jerome Powell speaks at a news conference on Sept. 18, 2024.
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    Anna Moneymaker via Getty Images
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    Federal Reserve exits climate-focused central bank coalition ahead of Trump’s inauguration

    The U.S. central bank said the work of the Network of Central Banks and Supervisors for Greening the Financial System has “broadened in scope” and no longer falls within its “statutory mandate.”

    By Jan. 21, 2025
  • Shot of Google's NYC headquarters with logo
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    Michael M. Santiago via Getty Images
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    Google inks pair of ‘largest biochar carbon removal deals to date’

    “The magnitude of these Google purchases speak to the importance of biochar as a carbon removal tool,” according to the CEO of Varaha, one of the companies involved.

    By Jan. 17, 2025
  • O-I glass bottles on the hot end of a line.
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    Courtesy of O-I Glass
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    O-I Glass secures DOE funding as it begins Ohio decarbonization project

    The glass packaging company will bring together energy efficiency technologies to upgrade furnace infrastructure, aiming to reduce carbon intensity by as much as 40%.

    By Maria Rachal • Jan. 17, 2025
  • President Joe Biden speaks at the White House on Dec. 8, 2024.
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    Pete Marovich via Getty Images
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    Biden orders Energy, Defense departments to lease sites for AI data centers, clean energy generation

    The executive order calls for using “categorical exclusions” to rapidly site data centers and power generation.

    By Robert Walton • Jan. 17, 2025
  • Shot of a group of businesspeople having a meeting in an office
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    kupicoo via Getty Images
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    Opinion

    The dual mandate: how CSOs and CFOs are tackling the regulatory and digital evolution in 2025

    In the year ahead, chief sustainability officers and chief financial officers must combine digital sustainability leadership with financial discipline to thrive in a new low-carbon economy.

    By Mandi McReynolds and Jill Klindt • Jan. 16, 2025
  • An American Airlines Boeing 737 Max 8 taxiing at the airport.
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    Joe Raedle via Getty Images
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    Federal judge rules against American Airlines in 401(k) ESG lawsuit

    A judge ruled the airline violated its fiduciary duty to loyalty through its retirement plan management, though experts say “the bar is being set really low for what's a violation.”

    By Jan. 15, 2025
  • U.S. Supreme Court facade
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    Anna Moneymaker/Getty Images via Getty Images
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    Supreme Court denies Big Oil’s bid to toss Honolulu climate case

    Justices denied petitions put forward by Sunoco LP and Shell that asked for a review of a Hawaii State Supreme Court decision that allowed Honolulu’s climate lawsuit to continue.

    By Jan. 15, 2025
  • Flags fly at full staff outside the NYSE with the Wall ST sign in the foreground
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    Kena Betancur via Getty Images
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    NZAM suspends all activities after BlackRock’s exit

    The United Nations-backed Net-Zero Asset Managers initiative has pulled its signatories page and won’t assess their commitments while it undergoes a review.

    By Jan. 14, 2025
  • Barclays signage is shown.
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    Oli Scarff via Getty Images
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    Barclays’ head of sustainability steps down as sector scrutiny heats up

    Barclays’ Group Head of Sustainability Laura Barlow will leave her leadership role but continue at the bank as a senior adviser, a bank spokesperson told ESG Dive.

    By Jan. 14, 2025
  • Offshore wind turbines in the ocean.
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    TebNad via Getty Images
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    Opinion

    Will the success of Biden’s clean energy policies impede Trump’s agenda?

    Because of the Inflation Reduction Act's success across the country, Trump may encounter obstacles in his attempt to undo it, including opposition from members of his own party.

    By Kenneth Irvin and Ogemdi Maduike • Jan. 14, 2025
  • A closeup of a pattern Shein is using to print on jeans.
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    Courtesy of Shein
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    Shein unveils denim printing process designed to reduce water, energy use

    The fast fashion giant said the number of products it created using the technology increased by 90% last year.

    By Laurel Deppen • Jan. 13, 2025
  • ESG legal risk
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    Worawith Ounpeng via Getty Images
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    ESG tops in-house counsel litigation concerns

    Organizations bringing lawsuits are finding more ways to tie company actions to impacts, a report finds.

    By Robert Freedman • Jan. 13, 2025
  • Flags fly above the entrance of the BlackRock offices.
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    Andrew Burton via Getty Images
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    BlackRock leaves NZAM as Wall Street runs from climate groups

    The nation’s largest investment manager is leaving the Net Zero Asset Managers initiative, joining a broader financial institution exodus from high-profile climate alliances.

    By Updated Jan. 10, 2025
  • Ken Paxton giving a speech with both of his hands raised in front of his chest
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    Brandon Bell/Getty Images via Getty Images
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    Texas AG drops probe of major US banks following NZBA exodus

    State Attorney General Ken Paxton said Texas will end its ongoing review of Bank of America, Morgan Stanley and JPMorgan Chase following the banks’ exits from the Net-Zero Banking Alliance.

    By Jan. 10, 2025
  • Roof of american school building covered with photovoltaic solar panels
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    Bilanol via Getty Images
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    Treasury finalizes guidance for IRA’s tech neutral, clean electricity tax credits

    They’re “the most important clean energy tax credits ever enacted,” said Brad Townsend, vice president of policy and outreach at the Center for Climate and Energy Solutions. 

    By Diana DiGangi • Jan. 10, 2025
  • An oil pumpjack is seen near a field of wind turbines
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    Brandon Bell via Getty Images
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    Deep Dive

    5 ESG trends sustainability professionals should monitor in 2025

    Upcoming leadership changes in the White House and Congress are expected to create a more adversarial stance on ESG and climate issues in 2025.

    By , Jan. 9, 2025
  • Toyota battery pack lithium ion battery
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    adventtr via Getty Images
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    Toyota Motor North America lands $4.5M DOE grant for EV battery recycling

    The funding will go toward the development of an industry template for EV battery recycling.

    By Larry Avila • Jan. 9, 2025
  • Shell
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    Matthew Horwood via Getty Images
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    Shell shareholders file resolution asking oil giant for transparency on LNG strategy, climate goals

    The proposal calls out Shell’s plans to increase its sales of liquified natural gas and asks how the company justifies its growth strategy with its climate commitments.

    By Jan. 9, 2025
  • Aerial top view of mangrove forest.
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    Fahroni via Getty Images
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    SBTi appoints EY corporate sustainability partner as next CEO

    David Kennedy will take on the chief executive role at the climate target validation organization in Q2 from interim CEO Sue Jenny Ehr, pending an agreement with his current firm.

    By Jan. 8, 2025
  • a man fishes with an offshore oil drilling rig in the background
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    Mario Tama via Getty Images
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    Biden bans most new offshore oil and drilling in clean energy push

    President-elect Donald Trump vowed on Monday to undo the executive order that applies to more than 625 million acres of federal coastline.

    By Jennifer Goodman , Julie Strupp • Jan. 8, 2025
  • A closeup of JPMorgan Chase's headquarters in New York.
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    Michael M. Santiago via Getty Images
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    JPMorgan becomes latest major US bank to exit NZBA

    The bank’s departure from the Net Zero Banking Alliance follows the exits of five other major U.S. banks from the climate coalition in the past month.

    By Jan. 7, 2025
  • Steam rises from a geothermal power plant.
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    David McNew via Getty Images
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    Fervo Energy nabs $255M to deploy carbon-free geothermal power

    The Houston, Texas-headquartered energy company said the new funding would help it deploy geothermal energy to meet the “skyrocketing demand for clean, firm power.”

    By Jan. 7, 2025
  • The Internal Revenue Service sign in capital letters on a tan building on a sunny day.
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    Pgiam for iStock via Getty Images
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    Final 45V hydrogen tax credit guidance draws mixed response

    While hydrogen industry leaders generally welcomed the final rule’s increased flexibility, some said the complicated tax credit guidelines will stymie industry growth.

    By Emma Penrod • Jan. 7, 2025
  • SCOTUS Chevron deference, Corner Post
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    Kevin Dietsch / Staff via Getty Images
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    Big Oil urges Supreme Court to weigh in on Honolulu climate case

    The judges will determine whether to take up the oil giant's appeal during a Jan. 10 conference.

    By Jan. 6, 2025