Tue.Mar 14, 2023

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Battery electric or hydrogen? We’ll need both, and more, to decarbonize heavy transport

GreenBiz

Battery electric, fuel cells running on green electricity or green hydrogen, and the trusty internal combustion engine have the potential to decarbonize the transport industry.

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Consumers pay the hefty price of Australia’s fossil fuel addiction

Renew Economy

Consumers pay price of fossil fuel addiction with retail electricity prices set to jump again in July across all of the mainland NEM states. The post Consumers pay the hefty price of Australia’s fossil fuel addiction appeared first on RenewEconomy.

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5 key facets of a strong sustainability strategy

GreenBiz

Sustainability strategy can be complicated. Here are five key elements to creating a successful one.

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Crunch time for South Australia’s bold green hydrogen play as bids close

Renew Economy

South Australia to study project proposals for world-leading green hydrogen plans, with Fortescue joining a hungry pack of suppliers looking for government funding. The post Crunch time for South Australia’s bold green hydrogen play as bids close appeared first on RenewEconomy.

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Are Your Impact Comms Resonating With Stakeholders?

Whether your organization is at the start of its sustainability and impact journey or years into it, many brands share a common concern: the uncertainty of whether they are sending stakeholders mixed messages. Creating content that speaks to your audience's “love language” can be a tricky dance. But, worry not! 3BL has put together tips to ensure that your content not only finds its rhythm but also resonates with your target audiences.

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Delta’s new sustainability strategy prepares for takeoff

GreenBiz

The airline's sustainability plan brings solid interim targets, but is the aviation industry going fast enough?

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Fossil grid smashed by year of weather extremes, as renewables look smarter than ever

Renew Economy

By speeding up the shift to distributed solar and wind, networks can protect against major outages caused by future "inland tsunamis" and record heatwaves. The post Fossil grid smashed by year of weather extremes, as renewables look smarter than ever appeared first on RenewEconomy.

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“Multiple bidders” circle Sun Cable, giving Cannon-Brookes competition

Renew Economy

Sun Cable voluntary administrator says sales process has attracted "multiple" bidders, including parties who are not Andrew Forrest or Mike Cannon-Brookes. The post “Multiple bidders” circle Sun Cable, giving Cannon-Brookes competition appeared first on RenewEconomy.

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Sonde Health wants to use speech to track health

Stacey Higginbotham

Back in 2014, when I first got an Amazon Echo and had an 8-year-old who frequently got colds, I thought that a future where I could get my kid to cough into the Echo to help diagnose her illness would be super helpful. Is this cough croup? Pneumonia? Post-nasal drip? Any help in figuring out if I should keep them home or take them to the doctor would have been appreciated.

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World-first, Aussie made hydrogen generator powers race in Saudi desert

Renew Economy

An Australian made megawatt-scale green hydrogen fuel cell generator has been installed for off-grid use in a desert in Saudi Arabia. The post World-first, Aussie made hydrogen generator powers race in Saudi desert appeared first on RenewEconomy.

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The Brief: Elevar’s strategy for low-income customers, water infrastructure in Africa, green bond in Jordan, biomass to biofuel, ImpactAssets 50

Impact Alpha

Greetings, Agents of Impact! Featured: Emerging Markets From India to Latin America, Elevar Equity invests in better livelihoods and products for low-income customers. The post The Brief: Elevar’s strategy for low-income customers, water infrastructure in Africa, green bond in Jordan, biomass to biofuel, ImpactAssets 50 appeared first on ImpactAlpha.

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Mastering Supply Chain Sustainability: Where Does ESG Fit In?

Speaker: Hortense Grouvel

In this new webinar, you will learn firsthand how to set up a sustainable supply chain program that will help meet increasing ESG requirements stemming from regulators, customers, consumers, and investors alike. Hortense Grouvel, ESG expert at IntegrityNext, and Sean Whelan, Global Senior Manager at Halliburton, will look at how ensuring compliance will also help you increase sustainability performance, resilience, and innovation, allowing you to unlock the full potential of your supply chain op

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Vanadium electrolyte factory to be built in Australia, with high hopes for flow batteries

Renew Economy

What is the future for vanadium redox flow battery installations? China is showing big interest and companies hope that enthusiasm will flow into Australia. The post Vanadium electrolyte factory to be built in Australia, with high hopes for flow batteries appeared first on RenewEconomy.

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EU Lawmakers Vote to Require all Member States to Cut Emissions by 2030

ESG Today

The European Parliament announced today that it has adopted a revised Effort Sharing Regulation, including a first-ever requirement for all EU member states to reduce greenhouse gas emissions by 2030, and raising the EU’s overall 2030 emissions reduction target to 40% compared to 2005 levels, up from its prior 30% goal. The revised regulation was passed in a 486 – 132 vote, with 10 abstentions.

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GE starts work on massive 18MW offshore wind turbine

Renew Economy

American tech icon works up the next variant of its Haliade-X wind turbine, with plans already underway to deliver a 17 or 18MW offshore model by 2025. The post GE starts work on massive 18MW offshore wind turbine appeared first on RenewEconomy.

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Sweden’s New $90 Billion Pension Plan: Non-ESG Funds Not Welcome

Impakter

Impakter Sweden’s New $90 Billion Pension Plan: Non-ESG Funds Not Welcome Sweden has announced a plan to promote Environmental, Social and Governance (ESG) oriented companies through the targeted investment of its pension fund. One trillion Krona (90 billion USD) of pension savings will be allocated for investment into firms that abide by ESG standards.

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What Regulations Will Impact Sustainability Comms in 2024?

Navigating the waters of sustainability reporting disclosures and regulations can be intimidating, to say the least. With various measures set in motion in 2023 to keep companies accountable, there is a lot in store for brands’ impact communication in the upcoming year. 3BL is kicking off this January with our Navigating ESG Comms Through the Cosmos - Capricorn Edition by highlighting the impact of: The U.S Securities and Exchange Commission (SEC) Climate disclosure rules The European Commission

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ING to Restrict Funding for Oil and Gas Infrastructure

ESG Today

ING announced today an expansion of its approach to align its oil and gas portfolio with its climate goals, with plans to introduce new funding restrictions targeting oil and gas infrastructure, and to reduce the volume of traded oil and gas financed in its Trade and Commodity Finance business. The new planned restrictions follows the bank’s announcement last year that it will no longer provide new dedicated upstream finance for oil and gas fields approved for development after the end of 2021.

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EU Calls World to Climate Action: Phase-Out Fossil Fuels Ahead of COP28

Impakter

Impakter EU Calls World to Climate Action: Phase-Out Fossil Fuels Ahead of COP28 On Thursday, March 9, the European Union Council agreed to fast-track the phase-out of fossil fuels by adopting a common position on climate and energy diplomacy ahead of the UN’s annual climate summit, COP28, in November. In a text released on Thursday, titled: “Bolstering EU climate and energy diplomacy in a critical decade,” the Council […] The post EU Calls World to Climate Action: Phase-Out Fossil Fuels

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Solar companies offer reassurance after renewables financier Silicon Valley Bank collapses

Utiliity Dive

The federal government has ensured depositors won’t lose money as a result of the collapse, but many developers will have to find and establish new sources of financing.

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EcoVadis Launches Tool to Identify Emissions Hotspots in Supply Chains

ESG Today

Business sustainability ratings provider EcoVadis announced today the launch of Carbon Heatmap, a new emissions risk mapping tool aimed at enabling companies to identify and address carbon hotspots in their supply chains. The new solution comes as businesses have increasingly turned the focus of their sustainability efforts to encompass their supply chains, and as emerging regulatory and disclosure regimes require businesses to report and address Scope 3 value chain emissions.

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What Questions Are Brands Asking About Their ESG Initiatives Ahead of 2024?

Temperatures are rising (and not just metaphorically) as key stakeholders anxiously anticipate the outcomes of COP28. While companies reconsider their 2024 environmental sustainability strategies, there is another aspect of ESG that deserves exploring, the social sector. In the latest edition of "Navigating ESG Comms Through the Cosmos - Sagittarius Edition", 3BL hones in on this sign’s bold quality of asking questions others are burning to know the answers to.

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Lessons in leadership: Leaning into ambiguity

McKinsey Sustainabilty

Judith Persichilli was confirmed as New Jersey’s Commissioner of Health shortly before the COVID-19 pandemic. She recently sat down with McKinsey to share her insights on leading through crisis and ambiguity.

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Confidential PJM meetings hinder state energy policy, oversight: West Virginia PSC, Maryland lawmaker

Utiliity Dive

Efforts are underway to increase transparency at the largest U.S. grid operator, with Exelon and FirstEnergy opposing a bill to require annual voting reports of PJM meetings.

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BeFC Biofuel Cells and the Future of Sustainable Batteries

Causeartist: Sustainable Technology

In Episode 169 of the Disruptors for Good podcast, I speak with Dr. Jules Hammond, CEO & Co-founder of BeFC, on biofuel cells and the future of sustainable batteries. Listen to more Causeartist podcasts. Every year, billions of batteries are thrown out with little thought as to their environmental impact.

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H&M Launches Online Secondhand Garment Resale Shop

ESG Today

Fashion retailer H&M U.S. announced today the launch of H&M Pre-Loved, a new branded shop offering secondhand garments, and marking the company’s first resale business model in the U.S. The launch of the new joint venture follows a series of initiatives by H&M Group to improve fashion circularity, including establishing the first global garment collecting initiative by a fashion company in 2013, and investing in companies that develop technologies to enable textile recycling through

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The Silver Lining to Corporate DEI Challenges

In our latest edition of Navigating ESG Comms Through the Cosmos - Scorpio Edition, 3BL embraces the perspective of one of the zodiac's most misunderstood signs: Scorpio. While this sign often has a darker view of the world, they do not shy away from shining a light on controversial topics. This month we take a deep dive into corporate pullback of DEI and how companies can utilize astrological advice to reinvent its social impact communication.

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Driving growth through consumer centricity in healthcare

McKinsey Sustainabilty

Providing consumers with the experiences they increasingly expect and demand at every stage of the healthcare journey could substantially improve care and cost outcomes.

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Aviva completes divestment of £2.5bn in fossil fuel companies

Environmental Finance

Aviva has divested almost all its £2.5 billion ($3 billion) exposure to fossil fuel companies on its "Stoplist" of firms with weak ambitions to reduce their climate impact.

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Responsible Investing Group Urges Investors to Vote Against Credit Suisse’s Climate Strategy

ESG Today

Credit Suisse published its Climate Strategy today, outlining the bank’s climate-related goals and approach, and including the release of interim financed emissions reduction targets for several carbon-intensive sectors. The strategy was released as part of Credit Suisse’s 2022 TCFD report, alongside the bank’s Annual Report, and will be presented for a consultative vote at the company’s annual general meeting next month.

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EU drafts rules to stop power suppliers cutting off vulnerable consumers

Energy Central

According to the letter, written under the direction of German legislator Michael Bloss, millions of people in Europe presently have to decide between heating their homes or buying food for their families. REUTERS BY KATE ABNETT, EDITING BY GERMÁN & CO BRUSSELS, March 13 (Reuters) - European Union countries will have to protect vulnerable consumers from being cut off by.

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Supercharge Your ESG Content This Libra Season

Throughout Climate Week, a feeling of urgency on tackling the climate crisis was palpable. Yet, questions continue to linger about corporate progress. Are we truly moving the needle or are we stuck in a cycle of empty statements and a flood of reports and guidelines? In the latest edition of Navigating ESG Comms Through the Cosmos - Libra Edition , we use Climate Week outcomes to explore how brands can communicate progress credibly.

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Mirova Raises Over $170 Million for Emerging Markets Clean Energy Fund

ESG Today

Sustainability-focused investment manager Mirova announced today the first closing of its Mirova Gigaton Fund, raising $171 million for the blended finance debt fund aimed at accelerate the clean energy transition in emerging markets. The Gigaton Fund aims to provide medium- to long-term debt financing for clean energy projects, primarily in emerging countries in Africa and Asia Pacific, as well as in Latin America and the Middle East.

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EU to revamp power market, aiming to blunt price spikes

Energy Central

By encouraging nations to employ more contracts that lock in stable, long-term power costs, draft versions of the EU plan detail measures to make consumers less vulnerable to short-term volatility in fossil fuel prices. REUTERS BY KATE ABNETT EDITING BY GERMÁN & CO Electrical power pylons of high-tension electricity power lines are seen in Brussels, Belgium, November 24, 2022.

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Construction begins on Idaho Power’s first energy storage projects as it faces growing capacity shortfall

Utiliity Dive

State regulators said “public convenience and necessity” require Idaho Power to acquire 120 MW of dispatchable energy storage.

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The McKinsey Crossword: Four-Letter Award | No. 119

McKinsey Sustainabilty

Sharpen your problem-solving skills the McKinsey way, with our weekly crossword. Each puzzle is created with the McKinsey audience in mind, and includes a subtle (and sometimes not-so-subtle) business theme for you to find. Answers that are directionally correct may not cut it if you’re looking for a quick win.

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How Will Virgo Season Impact Your ESG Communication?

3BL’s in-house experts merge the celestial wisdom of astrology with current environmental, social, governance (ESG) communication trends to offer a unique perspective and practical advice on sharing your company’s commitments effectively. 3BL’s new “Navigating ESG Comms through the Cosmos” series begins with Virgo season! In this edition, we delve into: How businesses have responded to environmental disasters over the past few months and why you can expect a continued focus on the climate crisis