Apple’s newest product announcement has some shoppers raising their eyebrows: ‘I’ll believe it when I see it’

By Laurelle Stelle 05/24/23
In April, Apple announced plans to design only eco-friendly batteries containing recycled components by 2025. According to Engadget, Apple used 25% recycled cobalt in 2022. By 2025, it plans to use 100% recycled cobalt. It…
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Shareholders at three big banks reject climate resolutions

By Avery Ellfeldt 04/26/23
During the annual general meetings of Citigroup, Bank of America and Wells Fargo, stockholders voted down eight climate-related resolutions.
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Go Green, Then ‘Go Dark’?

By Ephrat Livni 04/21/23
Some companies are keeping quiet about their sustainability initiatives, aiming to shield themselves from blowback from the right and the left....
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Banks Bank on LNG Exports

Any new fossil fuel infrastructure is incompatible with a safe climate, a fact confirmed by the recent IPCC report but in practice denied by nearly 20 major banks that are financing a methane export boom…
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Wall Street is thirsty for its next big investment opportunity: The West’s vanishing water

By Lucy Kafanov 03/22/23
Situated in the Sonoran Desert near the Arizona-California border is the tiny rural town of Cibola – home to roughly 300 people, depending on the season.
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The world is finally cracking down on ‘greenwashing’

By Emma Marris 03/01/23
Let’s say you want to buy a T-shirt and you want your investment to be as environmentally sustainable as possible—after all, clothing production generates 8 to 10 percent of global carbon emissions. How should you…
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Why an iPhone charging feature is facing surprising blowback

By Chris Velazco 03/01/23
Imagine waking up in the middle of the night and groggily rolling over to check the time on your iPhone. Instead of seeing an already full battery indicator, though, you spot something else — a…
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Leading the Charge: The Clean200 Reveals Top Corporations Paving the Way for Clean Energy Transition

By Jessica Hunt 02/23/23
The information technology sector contributed about $586 billion to the sustainable revenue of the 2023 Clean200 companies, which accounted for almost one-fourth of the total revenue. The communications services sector and the industrials sector followed…
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T‑Mobile Announces 2040 Net‑Zero Commitment

The Un‑carrier becomes the first in U.S. wireless to set target to achieve net‑zero emissions across its entire carbon footprint by 2040; also signs onto The Climate Pledge to reinforce commitment
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Clean Energy Powers American Business

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.
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H&M Hit With Second Greenwashing Lawsuit

By Alexandra Harrell 11/11/22
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…
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The green IT revolution: A blueprint for CIOs to combat climate change

By Gerrit Becker and Others 09/15/22
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.
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Republicans plan legal assault on climate disclosure rules for public companies

By Adam Lowenstein   09/15/22  
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.
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Donnel Baird Raises Over $100 Million For BlocPower By Discovering The Right Problem To Solve

By David Reimer   08/30/22  
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…
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Lowe’s Cuts Greenhouse Gases by 42% Using Renewables, Energy Efficiency

By Ken Silverstein   08/16/22  
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…
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Amazon’s carbon footprint grew again – up 18% in 2021 – despite ongoing efforts to go green

By Lisa Stiffler   08/01/22  
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…
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Ford Plans Up to 8,000 Job Cuts to Help Fund EV Investment

By Keith Naughton and Others   07/21/22  
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…
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How two college friends launched a company that has helped save 32 terawatt hours of energy and more than $3 billion in energy bills

By Catherine Clifford   07/14/22  
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.
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Can planting a trillion new trees save the world?

By Zach St. George   07/13/22  
To fight climate change, companies and nonprofits have been promoting worldwide planting campaigns. Getting to a trillion is easier said than done.
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Microsoft inks 10-year carbon dioxide removal deal with Climeworks

By Lisa Martine Jenkins   07/13/22  
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.
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Supreme Court ruling gives leverage to businesses

By Andrew Ross Sorkin   07/01/22  
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…
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Yes, We Need to Talk About Cutting Energy Demand

By Jason Bordoff   06/29/22  
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…
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Net-Zero Targets Aren’t Attainable Without Ending Deforestation

By Alastair Marsh   06/29/22  
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,…
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Listed companies on track to cause nearly 3 degree climate ‘chaos’ – MSCI

By Noah Browning   06/28/22  
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…
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Big Tech is pouring millions into the wrong climate solution at Davos

By Justine Calma   05/25/22  
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…
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Corporations Pledge to Buy ‘Green’ at Davos Gathering

By Lisa Friedman   05/25/22  
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…
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Big Fossil’s disaster capitalist response to Russia-Ukraine

By Amy Westervelt   05/25/22  
The industry moved quickly to capture the narrative, going from disinformation blitz to policy wins within a matter of weeks.
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Inaction on climate change could cost economy $178 trillion: Deloitte

By Deloitte   05/23/22  
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…
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HSBC suspends head of responsible investing who called climate warnings ‘shrill’

By Kalyeena Makortoff   05/22/22  
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…
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Could Google’s carbon emissions have effectively doubled overnight?

By Bill McKibben   05/20/22  
A new report suggests the money that Big Tech companies keep in the banking system can do more climate damage than the products they sell.
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Food Waste Innovation: Good for Business, Essential for the Earth

By Tonya Bakritzes   04/27/22  
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,…
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Press release: edgi releases report on carbon emissions by us corporations

By EDGI Comms   04/20/22  
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…
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Salesforce Ramps Up Investments in Global Fight Against Climate Change

By Gary E. Frank   04/19/22  
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…
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Goldman Sachs pushes directors for more climate data

By Ross Kerber   03/24/22  
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…
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New SEC climate rule leaves progressives wanting more

By Rachel Frazin and Saul Elbein   03/23/22  
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…
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American companies can’t sugarcoat their carbon pollution anymore

Robinson Meyer   03/23/22  
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…
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ESG: The Tidal Wave Hitting Businesses in 2022

By Dean Amhaus   03/22/22  
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…
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Why the SEC’s New Climate Rules Could Divide Corporate America

By Justin Worland   03/22/22  
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…
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The SEC wants companies to disclose how climate change is affecting them

By David Gura   03/21/22  
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…
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For This Company, Its Single-Use Plastics Target is Zero

By Gary E. Frank   03/18/22  
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.
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SEC plans to force public companies to disclose greenhouse gas emissions

By Douglas MacMillan and Maxine Joselow   03/15/22  
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.
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Microsoft’s Pursuit of Climate Goals Runs Into Headwinds

By Peter Eavis   03/10/22  
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…
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Inside Walmart’s climate and sustainability strategy

By Jennifer Overstreet   03/01/22  
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…
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What’s Driving Insurers to Prioritize ESG Investments?

By Jonathan McGoran   02/23/22  
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.
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Top companies are undermining their climate pledges with political donations, report says

By Maxine Joselow   02/23/22  
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.
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Salesforce Tackles Net Zero Credibility As It Adds Sustainability As A Fifth Core Value

By Felicia Jackson   02/16/22  
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…
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Here’s what Super Bowl ads say about climate change

By Kyla Mandel   02/14/22  
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…
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Europe’s biggest banks fund oil and gas firms despite net zero pledges

By Jasper Jolly   02/14/22  
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…
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CDP Warns Supply Chain Action Lags Despite $5.5 Trillion In Purchasing Power Aligned With Climate Goals

By Felicia Jackson   02/10/22  
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…
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Major companies largely fail net zero climate pledge test

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,…
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Walmart Expands Sustainability Effort by Investing in Vertical Farming Company

By David Worford   02/07/22  
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.…
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IKEA buys land damaged by hurricane in Florida to plant forests

By Reuters/terray Sylvester   01/26/22  
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.
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Superstores can meet half their electricity needs with rooftop solar, says a new report

By Tik Root   01/20/22  
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…
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Citigroup sets rare hard target to reduce energy-sector emissions

By Ross Kerber   01/20/22  
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…
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The environmental case for buying a coal mine

By Richard Fisher   01/19/22  
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…
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It’s Time to Hold Law Firms Accountable for Their Role in Climate Change

By Leehi Yona and David Cremins   01/12/22  
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…
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Land to Market Surpasses More Than 2.5 Million Acres of Land Monitored

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…
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New York Could Make History With a Fashion Sustainability Act

By Vanessa Friedman   01/07/22  
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…
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Here’s How Climate Change Crisis Could Impact Business Operations And Policies In 2022

By Edward Segal   01/01/22  
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.
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With 17,000 Companies Worth $21 Trillion Failing To Report Environmental Impact, It’s Time To Connect Commitment To Action

By Felicia Jackson   12/16/21  
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…
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Amazon procures over 1 GW of U.S. solar projects

By Tim Sylvia   12/02/21  
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…
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As More Companies Make Net-Zero Pledges, Some Aren’t as Good as They Sound

By Eloise Barry   11/15/21  
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…
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