Corporations purchased more clean energy in 2022 than any previous year, which is driving up demand for American clean energy and accelerating the clean energy transition.
The Swedish fast-fashion giant canceled its “Conscious Choice” collection in September after a 12-year run following a reprimand from the Netherlands Authority for Consumers and Markets for employing vague and unsubstantiated terms that could mislead…
Companies and governments looking to combat climate change are turning to tech for help. AI, new technologies, and some promising tech-driven business models have raised hopes for dramatic progress.
Republican officials and corporate lobby groups are teeing up a multi-pronged legal assault on the Biden administration’s effort to help investors hold public corporations accountable for their carbon emissions and other climate change risks.
Donnel Baird created BlocPower to solve a huge problem that’s central to the global effort to address climate change. It is such a big problem that investors have poured over $100 million in debt and…
Lowe’s Companies is a home-improvement retailer with nearly 2,200 stores in the United States and Canada. The Mooresville, NC company employs 300,000 people and had sales in 2021 of $96 billion. In 2021, it cut…
Amazon’s carbon footprint grew 18% last year — the third straight year of increased emissions since the company started sharing the information. The Seattle-area company created the international Climate Pledge, vowing to reach carbon neutrality…
Ford Motor Co. is preparing to cut as many as 8,000 jobs in the coming weeks as the automaker tries to boost profits to fund its push into the electric-vehicle market, according to people familiar…
Before Alex Laskey launched an energy efficiency company in 2007, he was primarily working on political campaigns, “almost exclusively losing campaigns,” he told CNBC in a phone conversation in June.
Microsoft just made a major commitment to sucking carbon from the sky. The company signed a 10-year deal with Swiss direct air-capture company Climeworks as part of its carbon dioxide removal portfolio.
The Supreme Court yesterday limited the Environmental Protection Agency’s authority to regulate power plant emissions, dealing a significant blow to the Biden administration’s climate change agenda. The ruling is the product of a longstanding campaign…
Germany put its energy sector on war footing last week, warning of impending shortages as Russia further tightens deliveries of natural gas to Europe. By reducing Europe’s ability to fill inventories that will be needed…
The global economy won’t reach net-zero carbon emissions without putting an end to deforestation. That’s the conclusion of the United Nations-backed Race to Zero campaign, which pushes companies and investors to reduce emissions. The report,…
Equity index compiler MSCI said on Tuesday the world's listed companies were on a course to cause global warming of 2.9 degrees Celsius, well above a target to limit the worst effects of climate change…
Alphabet, Microsoft, and Salesforce today pledged $500 million to new climate tech that’s supposed to pull carbon dioxide out of the atmosphere to keep it from heating up the planet. It’s the latest move by…
More than 50 corporations have joined a global “buyers’ club” that pledges to purchase aluminum, steel and other commodities made from processes that emit little to no carbon, a move that will be announced on…
Inaction on climate change could cost the economy $178 trillion over the next 50 years, or a 7.6 percent cut to gross domestic product (GDP) in 2070, a research report from Deloitte Center for Sustainable…
HSBC has suspended a senior banker after he referred to climate crisis warnings as “unsubstantiated” and “shrill” during a conference speech that has since been denounced by the lender’s chief executive. Stuart Kirk, who has…
Food waste happens at every stage of the supply chain, with inclement weather, overproduction, distribution and processing issues, and uncertain markets leading to losses even before the food arrives at retail locations, while overstocking, overbuying,…
Today, the Environmental Data & Governance Initiative (EDGI) releases its report, Owning Up: A Tool to Measure US Carbon Emissions by Corporations. The report analyzes greenhouse gas (GHG) emissions tracked by the U.S. Environmental Protection…
Salesforce is giving a total of $11 million to 12 global nonprofits in the first round of donations from its $100 million Ecosystem Restoration and Global Justice Fund. The donations, which were announced April 12…
Goldman Sachs' (GS.N) big asset-management arm will take a harder line in voting on directors at companies that do not disclose enough about their greenhouse gas emissions, an executive said on Thursday, adding to the…
The Securities and Exchange Commission (SEC) took a long-sought step this week by proposing to require that publicly traded companies disclose their direct and indirect climate change contributions, but advocates are pointing to loopholes they…
On Monday, the SEC announced that it would add another layer to this set of essential disclosures, requiring companies to also release information about their climate risks. Starting next fiscal year, the country’s largest public…
A growing tidal wave hitting businesses can be summarized in three letters – ESG. The environmental, social and governance investing movement may not have fully grabbed the public’s attention – yet – but it is…
Even couched in wonky, legalistic language, the difference in tone between the American Bankers Association (ABA) and the American Petroleum Institute (API) is hard to miss. Last year, following a request for feedback from the…
Every year, public companies in the U.S. are required to provide investors and regulators with detailed data about their financial performance and the risks they face. Soon, they may also have to disclose information about…
In response to growing consumer demand for products that help reduce waste, Target recently launched Target Zero, a collection of products intended to reduce single-use packaging.
From Coca-Cola to Tesla, companies report emissions in widely different ways. A new federal rule is expected to standardize climate disclosures, putting the U.S. on closer footing with other countries.
Microsoft has an ambitious plan to cut its carbon emissions. But on Thursday, the company reported a big increase in the greenhouse gases emanating from its operations and its products, a reminder of the challenges…
As one of the largest and most influential retail companies in the world, what Walmart says and does about sustainability makes a big impact. On this week’s episode of the Retail Gets Real podcast, Walmart…
A recent survey of 280 decision makers at U.S.-based life/annuity and P&C insurers shows increased attention and commitment to aligning investments with Environmental, Social and Governance (ESG) goals.
Good morning and welcome to The Climate 202! We have a newsy edition today featuring the energy implications of Russian aggression against Ukraine and the findings of an International Energy Agency report on methane emissions.
While debate is rife around the credibility of net zero targets, Salesforce has announced that it is adding sustainability to its existing core values, alongside a suite of offerings to help clients address their own…
Toyota debuted its hybrid Prius for the first time at the Super Bowl in 2005, calling it “good news for planet Earth.” In 2006, there were two Super Bowl ads for new hybrids: one for…
Europe’s biggest banks led by HSBC, Barclays and BNP Paribas have provided £24bn to oil and gas companies that are expanding production less than a year since pledging to target net zero carbon emissions, data…
Over 200 major buyers worldwide, with $5.5 trillion in procurement spending, requested 26,813 suppliers of their suppliers to disclose climate impacts in 2021 but less than half responded. CDP’s latest research warns these numbers aren’t…
The headline climate pledges of 25 of the world’s largest companies in reality only commit to reduce their emissions by 40% on average, not 100% as suggested by their “net zero” and “carbon neutral” claims,…
The investment is part of a $400 million round of Series E funding for Plenty, which uses vertical farming architecture that combines engineering, software and sustainable crop science to grow multiple crops on one platform.…
Ingka Group, the owner of most IKEA furniture stores worldwide, has bought more land in the United States as part of a long-term commitment to responsible forest management, it said on Thursday.
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…
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…
One day, the Swedish energy company Vattenfall decided to divest itself from a particularly dirty form of coal extraction in Germany, so it advertised that its mines were for sale. It would get an offer…
For too long, law firms have been given carte blanche for their contributions to the climate crisis: They lobby on behalf of the fossil fuel industry, file the paperwork necessary for carbon-emitting projects, and litigate…
Land to Market, the world's first verified sourcing solution for regenerative agriculture, today announced that more than 2.5 million acres of land around the world are being monitored for regenerative outcomes. Land to Market works…
Last September, as New York Fashion Week was taking place for the first time in a year, Kathy Hochul, the new governor, sat front row at the Prabal Gurung show, marking a fresh era in…
The climate change crisis, which continues to worsen, is expected to have a greater impact on the operations and policies of companies and organizations this year. Here’s how experts and observers think that will happen.
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…
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…
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…
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,…
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%…
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…
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…
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.
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…
By Niraj Chokshi, Clifford Krauss and Ivan Penn 10/13/21
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…
Google unveiled a suite of sustainability features focused on giving consumers more information so they can choose to cut their greenhouse gas emissions. Driving the news: The product rollout this morning will immediately be noticeable…
The trade group that represents Apple, Walmart, Nike, and dozens of other companies is trying to kneecap the U.S.’s final chance to meet its 2025 climate goals.