Sustainability: Page 7
-
Mario Tama via Getty Images
Phillips 66 indicted over alleged wastewater dumping violations in LA
The company is charged with six counts of Clean Water Act violations related to two discharges from the company’s Los Angeles area refineries into the local sewage system.
By Lamar Johnson • Nov. 26, 2024 -
Sean Gallup via Getty Images
Climate protesters disrupt Saudi Aramco CFO talk at MIT conference
Saudi Aramco CFO Ziad Al-Murshed’s talk ended abruptly after climate protesters took the stage at the MIT Sloan CFO Summit in suburban Boston.
By Maura Webber Sadovi • Nov. 26, 2024 -
Explore the Trendline➔
Alexander Koerner via Getty Images
TrendlineThe 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 -
Matt Cardy via Getty Images
HSBC sustainability chief to step down Dec. 31
The bank cut the sustainability role from its executive committee in an October reshuffle. HSBC on Monday also named an interim chief risk and compliance officer.
By Gabrielle Saulsbery • Nov. 25, 2024 -
Jason Doiy via Getty Images
CalPERS over halfway to $100B climate goal, urged to stop buying Exxon bonds
The fund has invested $3.6 billion in climate solutions since 2023 and pledged another $3.2 billion in related investments.
By Lamar Johnson • Nov. 25, 2024 -
Sean Gallup via Getty Images
COP29COP29 concludes with $300B climate finance deal critics deem as a ‘failure’
The climate summit ended with a goal to collectively provide “at least” $1.3 trillion in financing by 2035 to support climate-imperiled countries — which experts say falls short of what is actually needed.
By Zoya Mirza • Nov. 25, 2024 -
Sean Gallup via Getty Images
US clean energy investments hit record-high in Q3: Rhodium
The industry saw $71 billion in investment in the quarter, as clean investments accounted for 5% of total private U.S. structure, equipment and consumer goods spending.
By Lamar Johnson • Nov. 22, 2024 -
Lukas Schulze via Getty Images
Carbon removal developers unveil first all wind-powered direct air capture plant
Return Carbon and Verified Carbon’s “Project Concho” hub aims to remove 50,000 tons of carbon annually by 2030 and later expand this goal to 500,000 tons per year.
By Zoya Mirza • Nov. 22, 2024 -
Michael M. Santiago / Staff via Getty Images
Wells Fargo’s latest innovation cohort to focus on building decarbonization
Three startups were each awarded $250,000 to help tackle energy management and emissions reduction in buildings.
By Lamar Johnson • Nov. 21, 2024 -
Moeru Matsunoo via Getty Images
Audit committees expand oversight to ESG, cybersecurity, AI: EY
Nearly four out of five investors said boards should demonstrate expertise in climate, cybersecurity and other risks by detailing their work to limit such hazards, EY said.
By Jim Tyson • Nov. 21, 2024 -
Justin Sullivan/Getty Images via Getty Images
Starbucks appoints former Mars sustainability exec as CSO
Marika McCauley Sine, who previously served as Mars’ global vice president of sustainability and chief sustainability officer, will oversee the coffee chain’s net-zero transition.
By Zoya Mirza • Nov. 20, 2024 -
David McNew via Getty Images
Oil quartet including BP, Shell invest $500M in energy access, clean cooking
Equinor and Total Energies will join the companies to invest in energy and cooking solutions in Sub-Saharan Africa and South and Southeast Asia to help meet the UN’s Sustainable Development Goal 7.
By Lamar Johnson • Nov. 20, 2024 -
anatoliy_gleb via Getty Images
IRS finalizes direct pay rules, increasing access to IRA’s clean energy tax credits
Direct-pay-eligible entities like local governments, public school districts, churches and hospitals will more easily be able to jointly invest in clean energy projects under rules released Tuesday.
By Diana DiGangi • Nov. 20, 2024 -
Spencer Platt via Getty Images
Vanguard’s updated investor proxy choice program includes anti-ESG voting option
Three new funds have been added to the program, and the firm also included an option for investors who want a “wealth-focused,” anti-ESG voting policy option.
By Lamar Johnson • Nov. 19, 2024 -
Kevin Dietsch / Staff via Getty Images
JPMorgan unveils green financing ratio following shareholder proposal
The bank said it spent $1.29 on green solutions for every dollar spent on high-carbon activities in the disclosure prompted by a proposal submitted by NYC Comptroller Brad Lander.
By Lamar Johnson • Updated Nov. 18, 2024 -
Eoneren via Getty Images
New tool aims to bridge gap between organizations’ sustainability targets and outcomes
The U.S. Green Building Council's digital platform intends to help organizations meet reporting requirements and sustainability goals related to emissions, energy, water and waste.
By Nish Amarnath • Nov. 18, 2024 -
Linked In/Fair use
Trump picks oil services CEO Chris Wright to lead Energy Department, alarming climate groups
Wright is the CEO of Liberty Energy, which is engaged in lawsuits over the Labor Department's ESG rule and the Securities and Exchange Commission's climate-risk disclosure rule.
By Robert Walton • Nov. 18, 2024 -
Permission granted by EnergyCAP
Sponsored by EnergyCAPThe power of automation in sustainability: How AFL transformed energy management
AFL set out on a quest to streamline their processes and boost their sustainability efforts. Their search led them to EnergyCAP, and now they anticipate $304K in year one savings.
Nov. 18, 2024 -
Mario Tama via Getty Images
American Petroleum Institute gives Trump a deregulatory policy wishlist
The organization seeks to have a number of Biden era regulations that focus on increasing electric vehicle adoption and slowing natural gas exports rescinded.
By Lamar Johnson • Nov. 15, 2024 -
David Dee Delgado via Getty Images
New York City Employees’ Retirement System joins NZAOA
NYCERS joins the Net-Zero Asset Owner Alliance’s other 88 members that collectively represent $9.5 trillion in assets under management.
By Zoya Mirza • Nov. 15, 2024 -
Justin Sullivan/Getty Images via Getty Images
Clorox prioritizes supplier decarbonization efforts
The cleaning product manufacturer is partnering with carbon tracking service Manufacture 2030 to gain visibility into its vendors’ emission reduction plans.
By Kelly Stroh • Nov. 15, 2024 -
Scott Olson via Getty Images
Only 16% of global companies on track for 2050 net-zero goals: Accenture
“The fact that so few of the G2000 companies are on track to reach net-zero emissions is alarming,” the director of shareholder advocacy at Trillium Asset Management told ESG Dive.
By Lamar Johnson • Nov. 14, 2024 -
Sean Gallup via Getty Images
COP29COP29 negotiators approve Article 6.4, establish standards for global carbon market
The approval of the standards was called a “critical step” toward future climate negotiations at COP29 by the summit’s lead negotiator, Yalchin Rafiyev.
By Zoya Mirza • Nov. 14, 2024 -
Chip Somodevilla/Getty Images via Getty Images
2024 ElectionsTrump win is ‘setback’ for climate protection, but clean energy advocates say progress will continue
Trump’s victory means a Republican will be selected to lead FERC, which will likely work to rein in transmission incentives, said Tyson Slocum, director of Public Citizen's Energy Program.
By Robert Walton • Nov. 14, 2024 -
Sean Gallup via Getty Images
Opinion // COP29What COP29 entails for the global energy transition, business priorities
COP29 will be a “critical moment” in the global climate transition, further shaping the ESG landscape and motivating companies to ramp up sustainability initiatives, says Workiva’s chief sustainability officer.
By Mandi McReynolds • Nov. 13, 2024 -
Apu Gomes via Getty Images
ExxonMobil urges Trump not to withdraw from Paris Agreement again
“A second U.S. exit from the Paris Climate Agreement will have profound implications for the United States’ efforts to reduce its own emissions,” an Exxon spokesperson told ESG Dive.
By Lamar Johnson • Nov. 13, 2024
Previous
