BUSINESS-NEWS | Climate Change Resources

CURRENT NEWS

Jan 20 2022

The Washington Post

Superstores can meet half their electricity needs with rooftop solar, says a new report

By Tik Root

Expansive, flat and abundant, the rooftops of big-box stores in the United States could produce enough solar energy to meet half their electricity needs, according to a report released Thursday. Walmart leads the way in…

Jan 20 2022

Reuters

Citigroup sets rare hard target to reduce energy-sector emissions

By Ross Kerber Photo: Reuters/Andrew Kelly

Citigroup Inc (C.N) on Wednesday laid out goals for corporate borrowers to cut emissions that included a rare "absolute reduction" target for companies in the energy sector by the end of the decade. Citi said…

Dec 16 2021

Forbes

With 17,000 Companies Worth $21 Trillion Failing To Report Environmental Impact, It’s Time To Connect Commitment To Action

By Felicia Jackson Photo: Getty Images

The latest research shows that a record 13,000+ companies reported environmental data through CDP in 2021. Only 2%, or 200 companies, gained an A grade and nearly 17,000 worth $21 trillion are still failing to…

Dec 02 2021

PV Magazine

Amazon procures over 1 GW of U.S. solar projects

By Tim Sylvia Photo: Elliot Brown , Wikimedia Commons

Alongside Amazon’s update that the company has now invested in 274 utility-scale renewable energy projects globally, the company also announced 18 new projects that it has procured in the United States and Europe, including eight…

Nov 15 2021

Time Magazine

As More Companies Make Net-Zero Pledges, Some Aren’t as Good as They Sound

By Eloise Barry Photo: WIktor Szymanowicz—NurPhoto/Getty Images

At COP26, the U.N. climate summit in Glasgow, governments and businesses put forward ambitious-sounding plans to de-carbonize. But a closer look beneath the surface shows many corporate “net-zero” plans are not nearly as good as…

Oct 27 2021

Fast Company

Bill Gates’s latest big climate investment is . . . milk

By Adele Peters Photo: Neutral

On the front of a carton of milk from the Portland, Oregon-based brand Neutral, above the brand name, the package has a short message in large print: “This milk fights climate change.” On its website,…

Oct 25 2021

Utility Dive

Supply chain woes continue to crimp Tesla’s vehicle, energy business

By Jason Plautz Photo: Xiaolu Chu via Getty Images

Tesla's Q3 energy storage deployments jumped 71% to 1.3 million MWh from the year-ago period, bolstered by sales of the utility-scale Megapack product, according to the company's third quarter earnings report. Storage deployments inched up 1.6%…

Oct 19 2021

harpercollins publishers

Harpercollins publishers commits to becoming carbon neutral in direct emissions in 2022

By Erin Crum

HarperCollins Publishers today announced a global commitment to becoming carbon neutral for its direct operational emissions in 2022. In order to meet this goal, HarperCollins has appointed award-winning sustainability strategy consultancy Brite Green to develop…

Oct 19 2021

CNBC

Amazon’s new net-zero carbon pledge is focused on the oceans, as shipping giants pursue alternative fuels

By Alicia Doniger Photo: Lucy Nicholson | Reuters

Amazon and IKEA are among the major companies pushing the ocean shipping industry to adopt zero-carbon fuel sources for vessels by 2040. Marine shipping accounts for 1 billion tons of carbon emissions per year, according…

Oct 19 2021

The Washington Post

Amazon, Ikea and other big companies commit to zero-emission shipping by 2040

By Hamza Shaban Photo: Seth Wenig/AP

In an effort to reduce greenhouse gas emissions in global trade, a coalition of companies that includes Amazon and Ikea has pledged to use only ocean shippers that use zero-carbon fuel by 2040.

Oct 15 2021

TreeHugger

Facebook Moves to Stop Illegal Sale of Amazon Rainforest on Marketplace

By Matt Alderton Photo: Ildo Frazao / Getty Images

From designer baby clothes and classic cars to antique furniture and name-brand electronics, you can find treasures and bargains galore on Facebook Marketplace, the online bazaar where Facebook users sell new and used goods to…

Oct 13 2021

The New York Times

Are Tesla and Texas a Perfect Match? It’s Questionable.

By Niraj Chokshi, Clifford Krauss and Ivan Penn Photo: Matthew Busch for The New York Times

Tesla’s move from Silicon Valley to Texas makes sense in many ways: The company’s chief executive, Elon Musk, and the conservative lawmakers who run the state share a libertarian philosophy, favoring few regulations and low…

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The Guardian

Apple and Disney among companies backing groups against US climate bill

By Oliver Milman Photo: Mike Segar/Reuters 10/01/21

Some of America’s most prominent companies, including Apple, Amazon, Microsoft and Disney, are backing business groups that are fighting landmark climate legislation, despite their own promises to combat the climate crisis, a new analysis has…

Axios

Early lessons from Microsoft’s climate push

By Ben Geman Photo Illustration: Pavlo Gonchar 10/01/21

Microsoft's early finance of carbon removal projects as part of its wider climate pledge has revealed hurdles that must be overcome to enable large-scale deployment of the technologies. Driving the news: Microsoft officials and other…

Nature

Microsoft’s million-tonne CO2-removal purchase — lessons for net zero

By Lucas Joppa and others Photo: Julia Dunlop/Climeworks 09/29/21

n January this year, Microsoft made a major announcement: it had paid for the removal of 1.3 million tonnes of carbon dioxide from the atmosphere. Among its purchases were projects to expand forests in Peru,…

Triple Pundit

Big Tech Claims to Care About Climate Action, So Why Don’t They Lobby For It?

By Tina Casey 09/22/21

The top five U.S. tech companies have been getting high marks for helping to drive the market for renewable energy, clean vehicles, and other technologies aimed at cutting their carbon footprint. However, Big Tech's influence…

The European Sting

Microsoft’s new campus will run on geothermal energy – but what exactly is it and can it really help combat climate change?

By World Economic Forum 09/14/21

Microsoft is using geothermal energy from deep underground to power its new sustainable campus in the United States. The computing giant is building 93,000 square metres of new workspace on 29 hectares of its Redmond…

Heated

Microsoft tweets concern for Ida victims while funding climate deniers in Congress

By Emily Atkin Photo: Twitter 09/07/21

The world's second-largest company is still bankrolling climate deniers' re-election campaigns, and defending the practice.

Politico

Biden wants to pay farmers to grow carbon-capturing crops. It’s complicated

By Helena Bottemiller Evich And Ryan Mccrimmon 07/29/21

President Joe Biden’s goal of paying farmers and ranchers to help battle climate change is running into the reality of how complicated and costly it will be. Six months into the administration, officials have yet…

The Verge

Walmart, Ikea, and Amazon have a dirty shipping problem

By Justine Calma Photo: Mario Tama/Getty Images 07/20/21

Giant retailers, including Amazon and Ikea, have pledged to go green, but their shipping is still pretty dirty. Now shoppers can now see how much pollution some of the biggest retail companies in the US…

infrastructure-intelligence.com

Partnering for action on climate change

By Zoe Haseman 07/19/21

In 2021, the world’s attention has shifted toward the global drive to net zero, with the United Nations describing it as a “make or break year” for action on climate change. In 2020, net zero…

Mother Jones

Corporate Giants Have Been Lobbying Against Their Own Emissions Targets

By Emily Pontecorvo Photo: MileHighTraveler/Getty 07/18/21

Corporate America has made a slew of pledges to reduce its emissions over the past few years. Today, 92 percent of the companies on the S&P 100, an index of leading U.S. stocks, have announced…

Techfunnel

How Financial Institutions Can Help Combat Climate Change

By TechFunnel Contributors 07/15/21

There is often an assumption held by ordinary people that finance and positive environmental change are oxymorons. that the finance industry exists to serve the bottom line and nothing else. This has slowly been changing…

Real Clear Energy

Big Tech Versus Big Oil: Showdown Over Clean Energy Standards?

By Bill Weihl 07/15/21

The issue of Clean Energy Standards (CES), a cornerstone of the Biden climate/infrastructure plan, is emerging as a bellwether on climate policy. For years, climate-positive Big Tech firms have tackled sustainability in company operations, but…

Utilitydive

Too few companies advocate for climate-friendly policies despite lofty goals: report

By Chris Teale Photo: Stefani Reynolds / Stringer via Getty Images 07/13/21

Of the United States' top 100 companies, only 40% lobby lawmakers at the state and federal level for climate-friendly legislation despite setting lofty sustainability goals, according to a new report.

Planet.com

How the Climate Conversation Changed in 2021

By Andrew Zolli 07/13/21

This is the most important year for climate action since the Paris Climate Agreement was passed in 2015. National governments are strengthening their national climate action plans; companies, cities and communities are setting more ambitious…

S&P Global

Top US companies pledge to cut emissions, but most don’t push for climate action

By Karin Rives 07/13/21

Although 50 of the largest 96 corporations in the U.S. now publicly support the Paris Agreement on climate change, only 40% of those 50 companies have actively been lobbying lawmakers on the importance of science-based…

World Economic Forum

How business can build people-powered climate action

By César Ortiz-Sotelo 07/07/21

There is a growing desire among citizens to engage in climate action. By engaging their stakeholders in effective and meaningful action, companies can hasten our collective journey to net zero.

The Hill

More than 75 companies ask Congress to pass clean electricity standard

By Zack Budryk Photo: Greg Nash 07/07/21

More than 75 major U.S. companies including Apple, Google, Lyft and Salesforce signed a letter circulated Wednesday urging Congress to adopt a federal clean electricity standard. In the letter, signers urged the federal government adopt…

The Guardian

Big oil and gas kept a dirty secret for decades. Now they may pay the price

By Chris McGreal Photo: Guardian Design/Getty Images 06/30/21

Via an unprecedented wave of lawsuits, America’s petroleum giants face a reckoning for the devastation caused by fossil fuels

Forbes

Leading In The Green Business Boon

By Benjamin Pring 06/29/21

Even with the steep dip in greenhouse gas emissions during the COVID-19 lockdowns, last year saw record-breaking temperatures around the globe and another surge in climate-related disasters. Despite growing efforts from individuals, business and governments to allay the…

The Guardian

New climate science could cause wave of litigation against businesses – study

By Fiona Harvey Photo: Charlie Riedel/AP 06/28/21

Businesses could soon be facing a fresh wave of legal action holding them to account for their greenhouse gas emissions, owing to advances in climate science, experts have warned. More than 1,500 legal actions have…

Causeartist

4 Companies Committed to Combating Climate Change Through Consumer Product Innovation

By Ryan Listo Photo: Allbirds 06/25/21

Climate change is quite possibly the largest crisis facing humanity and the planet, and its effects are already being felt around the world, especially in marginalized communities. According to the United Nations High Commissioner for…

Los Angeles Times

Column: Oil firms and others face unprecedented pressure to come clean on climate change

By Michael Hiltzik Photo: Associated Press 06/25/21

Chevron, one of the world’s leading oil companies, got a major wake-up call on climate change from its shareholders May 26. At its annual meeting that day, a stunning 60.7% of shareholders voted for the…

Popular Science

What companies really mean when they say they’re ‘net-zero’

By Sara Kiley Watson Photo: Marcin Jozwiak from Pexels 06/24/21

When it comes to following your favorite brands’ climate ethics, you might hear the phrase “net-zero emissions” get thrown around pretty often. In fact, more than 400 of the world’s 2,000 largest public companies have,…

The New York Times

The Little Hedge Fund Taking Down Big Oil

By Jessica Camille Aguirre Illustration by Jon Han 06/23/21

On the day the little investment firm Engine No. 1 would learn the outcome of its proxy battle at Exxon Mobil, its office in San Francisco still didn’t have furniture. Almost everyone had been working…

WSJ

Amazon and Other Tech Giants Race to Buy Up Renewable Energy

By Sam Schechner 06/23/21

The race to secure electricity deals for power-hungry data centers has tech companies reshaping the renewable-energy market and grappling with a new challenge: how to ensure their investments actually reduce emissions.

Packaging Gateway

How packaging companies could drive climate change action: GlobalData

By Jessica Paige 06/22/21

Climate change is having disastrous effects across the globe, disrupting natural systems, raising sea-levels, and more. To combat climate change, governmental action and environmental laws have been implemented in several countries.

Fortune

How Salesforce wants to make its supply chain more sustainable

By Tovin Lapan Photo: David Paul Morris 06/22/21

Earlier this year, when Salesforce unveiled its Sustainability Exhibit, vice president of sustainability Patrick Flynn already had a good idea that the general response would be well received. That's because Salesforce spent several years testing…

Forbes

These Are The Startups Applying AI To Tackle Climate Change

By Rob Toews 06/20/21

Climate change is the most pressing threat that the human species faces today. Artificial intelligence is the most powerful tool that humanity has at its disposal in the twenty-first century.

CNBC

Google, Facebook, Amazon and more urge SEC to mandate regular climate reports

By Lauren Feiner Photo: Paul Morigi | Getty Images | Amazon 06/14/21

A group of seven tech companies urged the Securities and Exchange Commission to require businesses to regularly disclose climate-related matters to their shareholders.

UtilityDive

‘An unlikely alliance’: US investor-owned utilities and NGOs partner to advance new carbon-free tech

By Ben Fowke and Armond Cohen Photo: Kevork Djansezian via Getty Images 06/04/21

The stakes for taking decisive action to slow and reverse climate change have never been greater. President Joe Biden clearly recognizes the urgency, which is why he wants to slash U.S. carbon emissions in the…

Axios

Exclusive: Major companies unite to push climate solutions

By Andrew Freedman Photo: Johannes Myburgh/AFP via Getty Images 06/03/21

A group of eight large companies, including tech and entertainment heavy hitters such as Amazon, Google, Microsoft, Salesforce, Disney and Netflix, are joining environmental groups and the U.N. to devise ways to scale funding for…

Bloomberg Green

JPMorgan Pledges to Cut Carbon Emissions in Lending Portfolios

By Hannah Levitt 05/13/21

JPMorgan Chase & Co., the biggest funder of fossil-fuel companies globally, is pledging a 35% reduction in “operational carbon intensity” for its oil and gas portfolio by the end of this decade. The commitment is…

wvtf

Cville Launches Green Business Alliance

By Sandy Hausman 05/05/21

Thirty percent of Fortune 500 companies have announced plans to cut carbon emissions, and now small businesses in Virginia are getting on board. The Community Climate Collaborative in Charlottesville announced formation of a Green Business…

Renewable Energy Magazine

Sol Systems Flips the Switch at Seven Solar Projects for Walmart

04/14/21

Sol Systems has announced the completion of solar energy systems totaling 6.5 megawatts (MW) at seven Walmart stores across California. The portfolio includes a mixture of solar energy systems installed on the rooftops and parking…

Renewable Energy Magazine

Apple Investing in Major Energy Storage Project in California

04/02/21

Apple has announced it is investing directly in renewable energy projects to cover a portion of upstream emissions, as well as a major energy storage project in California to pilot new solutions for renewable infrastructure.

Treehugger

FedEx Investing $2 Billion in Electrification, Greener Jet Fuel, Carbon Capture, and More

By Sami Grover Photo by Scott Olson 03/05/21

When I talked to Dan Rutherford from the International Council on Clean Transportation about the relative merits of flying less, flying more efficiently, and flying on different fuels, he argued strongly that we’d need to…

The Wall Street Journal

Exxon, Once a Skeptic, Sees Profit in Capturing Carbon Emissions

By Christopher M. Matthews 03/03/21

Exxon Mobil Corp. says the time has come to turn capturing carbon emissions into a real business, as it faces pressure from activists to become a greener company. That represents an about-face for the Texas…

The Wall Street Journal

SEC Opens Review of Corporate Climate Change Disclosures

By Dieter Holger and Kimberly Chin Photo: Andrew Harrer/Bloomberg News 02/24/21

The regulator’s previous guidance on climate change was issued more than a decade ago.

Utility Dive

Climate leaders go ‘all in’ to halve emissions by 2030

By Chris Teale Photo: Via America is All In 02/23/21

To complement the United States' return to the Paris climate agreement, elected officials joined the business and nonprofit community to launch the "America Is All In" coalition, which aims to collaborate with the federal government on the…

Amazon

20 more companies from around the globe join The Climate Pledge

By Amazon Staff 02/17/21

53 companies, representing almost every sector of the economy, have committed to net-zero carbon emissions by 2040, demonstrating the global impact of The Climate Pledge.

IBM

IBM Commits To Net Zero Greenhouse Gas Emissions By 2030

02/16/21

IBM (NYSE: IBM) today announced that it will achieve net zero greenhouse gas emissions by 2030 to further its decades-long work to address the global climate crisis.

The Washington Post

There’s an invisible climate threat seeping from grocery store freezers. Biden wants to change that.

By Desmond Butler Photo: Luke Sharrett/Bloomberg News 02/15/21

New undercover survey suggests leaks of powerful planet-warming gases pervade many supermarkets.

HuffPost

Ikea’s Ambitious Plan To Make Its Cheap Furniture Last Forever

By Alexandra Kirkman Illustration: Rebecca Zisser/Huffpost 02/10/21

To erase its massive climate footprint, Ikea needs to change how it makes its products and how you buy them.

Climate Crocks

Biggest Investment House: Business Needs to Act on Climate or Governments Will

By Peter Sinclair 01/26/21

I have a rule of thumb. Don’t argue with thermometers. Don’t argue with rising oceans. And don’t argue with investment funds that have 7 trillion dollars under management.

Triple Pundit

Climate Action Is a Matter of National Security, and Business Leaders Can Help

By Tina Casey 01/26/21

President Joe Biden campaigned for office with a message of healing and unity over political divisions. That may seem like a just another vague, warm-and-fuzzy emotional appeal. However, after just a few days in office…

Climate Crocks

Climate Splits Oil Trade Group, Investors

By Peter Sinclair 01/22/21

This week’s cancellation of the Keystone pipeline is yet another strong signal that a paradigm shift in energy is well underway.

NPR

Microsoft Pledges To Remove From The Atmosphere All The Carbon It Has Ever Emitted

By Camila Domonoske Photo: Vesa Moilanen/AFP via Getty Images 01/16/21

By 2050, the tech giant pledges it will "remove from the environment all the carbon the company has emitted either directly or by electrical consumption since it was founded in 1975."

Utilitydive

Renewables, storage stocks soar as Democrat-led Congress improves environment for green investments

By Catherine Morehouse 01/08/21

A Democrat-controlled Congress paired with President-elect Joe Biden creates a favorable environment for continued utility investment in clean energy resources, analysts say

The Oklahoman

Oklahoma energy companies take environmental action amid rapidly changing world

By Jack Money Photo by Susan Walsh 10/13/20

President Donald Trump and the Republican Party argue they have done what they could during his administration to make America a leader in the nation's global energy markets.

Utah Business

These Utah companies are taking a stand for sustainability

By Lindsay Bicknell 10/13/20

Salt Lake City hasn’t always had the best air quality―but these companies are doing something about it. Join us in celebrating the companies and individuals who are leading us toward a more sustainable future.

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