Wed.Mar 29, 2023

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BloombergNEF: $21.4T needed to deliver net-zero global power systems

GreenBiz

Major investment and policy intervention are required to prepare grids worldwide for widespread electrification, the analyst firm warns in a new report.

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Too much solar, not enough wind: Australia’s big renewable dilemma

Renew Economy

Australia's main grid has too much solar and not enough wind. And the reality is that wind plus transmission is cheaper than solar plus storage. The post Too much solar, not enough wind: Australia’s big renewable dilemma appeared first on RenewEconomy.

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A breach of fiduciary duty?

GreenBiz

Investor nonprofit Ceres calls on policymakers to protect the freedom to incorporate ESG concerns in decisions.

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Home battery installs jump 55 pct as solar households turn to storage in record numbers

Renew Economy

Home battery installations charted a 55% increase in 2022, a new record and the sign of a turning point for consumer energy independence. The post Home battery installs jump 55 pct as solar households turn to storage in record numbers appeared first on RenewEconomy.

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Manufacturing Sustainability Surge: Your Guide to Data-Driven Energy Optimization & Decarbonization

Speaker: Kevin Kai Wong, President of Emergent Energy Solutions

In today's industrial landscape, the pursuit of sustainable energy optimization and decarbonization has become paramount. Manufacturing corporations across the U.S. are facing the urgent need to align with decarbonization goals while enhancing efficiency and productivity. Unfortunately, the lack of comprehensive energy data poses a significant challenge for manufacturing managers striving to meet their targets.

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An alternative to copper that’s less carbon-intensive?

GreenBiz

Carbon nanotube startup DexMat, born at Rice University, has materials scientists abuzz.

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New funds to test hydrogen jet that could fly from Australia to Europe in four hours

Renew Economy

European aerospace firm wins grant funding to design and test hydrogen-propelled jets capable of supersonic flight, including Sydney to Frankfurt in 4h 15m. The post New funds to test hydrogen jet that could fly from Australia to Europe in four hours appeared first on RenewEconomy.

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Reliability standard may be changed to cope with wind, solar and nervous ministers

Renew Economy

Reliability panel looks to change the definition of risk to take account of changing supply (wind and solar), changing weather, and political capital. The post Reliability standard may be changed to cope with wind, solar and nervous ministers appeared first on RenewEconomy.

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Taking fear out of innovation

McKinsey Sustainabilty

The risk and ambiguity inherent in innovation can make employees shy away from it. Creating an innovation culture where risk-taking is embraced must start at the top.

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Fluence targets transmission transition with grid stabilising battery Ultrastack

Renew Economy

Global energy technology giant unveils its newest offering, to transform the way transmission and distribution networks operate on increasingly renewable grids. The post Fluence targets transmission transition with grid stabilising battery Ultrastack appeared first on RenewEconomy.

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EU Delays Sector-Specific Sustainability Reporting Standards

ESG Today

The release of sector specific European Sustainability Reporting Standards (ESRS) will be delayed, according to European Financial Reporting Advisory Group (EFRAG), the body responsible for drafting the new standards. The delay follows the announcement last week by Mairead McGuinness, EU Commissioner for Financial services, financial stability and Capital Markets Union, of a call for EFRAG to prioritize its work on helping companies to implement its first set of ESRS standards, which set out the

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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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1komma5° unveils plan to make its own solar in Germany. Could Australia be next?

Renew Economy

The solar, battery and electrification giant – which set up shop in Australia last year – will make its own panels in Germany. Why not in Australia, too? The post 1komma5° unveils plan to make its own solar in Germany. Could Australia be next? appeared first on RenewEconomy.

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How the U.S. can boost community financial institutions to counter bank consolidation and bridge racial wealth gaps

Impact Alpha

The collapse of Silicon Valley Bank and Signature Bank sent depositors fleeing into the arms of large “Systemically Important Banks,” even after the. The post How the U.S. can boost community financial institutions to counter bank consolidation and bridge racial wealth gaps appeared first on ImpactAlpha.

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JPMorgan Builds Out Sustainable Growth Private Equity Team

ESG Today

J.P. Morgan Private Capital announced the appointment of Alex Bell as a Partner of its Sustainable Growth Equity (SGE) platform, in a move that will deepen the team’s climate solutions expertise and expand its reach in European markets, according to the firm. Launched with a $150 million commitment in 2021 , SGE is J.P. Morgan Asset Management’s sustainability-focused late-stage venture and growth equity investment arm, focused on investing in best-in-class companies that drive resource efficien

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It’s time for a smart home spring clean, y’all!

Stacey Higginbotham

Last week, I had three different batteries on my desk and a growing list of tasks I needed to do to keep my devices online and running smoothly. After swapping out batteries in a door lock, a door knob, and in the sensor of the MyQ garage door opener, I got another low battery notice from a Hue motion sensor in the storage room. And I still need to clean the camera in my oven before it stops recognizing the food I put in and recommending the perfect cook time.

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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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Using social bonds to address gender and racial inequities (podcast)

Impact Alpha

Corporate, nonprofit and municipal issuers are designating bond proceeds to support organizations that increase access to finance for women and people of color. The post Using social bonds to address gender and racial inequities (podcast) appeared first on ImpactAlpha.

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How cities can center equity in EV charging

Utiliity Dive

“Focus more on the people than on the hardware” to implement EV charging equitably, one electric transportation advocate said, such as by talking to residents and listening to their needs.

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The Brief: Today’s Call: Metrics Madness, strengthening community finance, carbon-negative concrete, bonds for independent media and gender and racial equity

Impact Alpha

Greetings, Agents of Impact! ? Hop on The Call: Metrics Madness. The Southern Reconstruction Fund’s Napoleon Wallace put out a call for universal. The post The Brief: Today’s Call: Metrics Madness, strengthening community finance, carbon-negative concrete, bonds for independent media and gender and racial equity appeared first on ImpactAlpha.

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Most innovative energy start-ups recognised in German awards

Envirotec Magazine

Fifteen start-ups deemed to have the most innovative business models in the field of energy transition and climate protection were celebrated at an award ceremony in Berlin on 28 March – recipients of The Start Up Energy Transition Award (SET Award) administered in part by the German Energy Agency ( dena ). The finalists were selected from over 400 applications and 63 countries in spring 2023, and presented their ideas to an international jury of experts at the SET Tech Festival.

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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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A Social Movement Requires Momentum

Stanford Social Innovation

By Lisa Nutter & Tim Freudlich The simple physics equation, momentum = mass x velocity, tells us that momentum is a value we can control. In the realm of social change, community-based leaders are skilled at influencing and using momentum to advance local solutions but often lack all the financial resources they need to push those solutions to their full potential.

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3 Steps to Better IT Planning and Ensuring Technology Remains a Priority

Cisco CSR

Businesses too often silo their network, with multiple leaders owning individual parts of the technology infrastructure – sometimes a bit too competitively.

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Private equity turns to resiliency strategies for software investments

McKinsey Sustainabilty

As CIOs report shifts in software spending, investors may want to refocus their efforts on growing opportunities in cybersecurity, data and analytics, and automation.

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Cisco Announces its Intent to Acquire Cloud Security Software Company Lightspin

Cisco CSR

Today, Cisco is pleased to announce its intent to acquire Lightspin, a privately-held cloud security software company headquartered in Tel Aviv.

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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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Bloomberg Launches Dashboard Enabling SFDR-Aligned Investment Selection

ESG Today

Business and financial markets information service provider giant Bloomberg announced today the launch of a new dashboard in its Sustainable Finance Disclosure Regulation (SFDR) solution, aimed at enabling fund managers to track and pick investments aligned with the SFDR’s principal adverse impact reporting requirements. The EU Sustainable Finance Disclosure Regulation establishes harmonized rules for financial market participants on transparency regarding the integration of sustainability risks

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News round-up, March 29, 2023 by GERMÁN & CO

Energy Central

A word from the Editors… Bad memories from the future… It is said that we so-called human beings have short memories not because of neurodegenerative problems that come with age but because our personal interests, especially our political ambitions, outweigh those of humanity. Time and time again, we make blunders that have ruthless repercussions on society, especially.

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UK Regulator Delays Anti-Greenwashing Sustainability Disclosure and Labelling Rules for Investors

ESG Today

The Financial Conduct Authority (FCA), the conduct regulator for financial services firms and financial markets in the UK announced today that it would push back the introduction of its anticipated sustainability disclosure requirements for asset managers and ESG labelling rules for investment products. According to the FCA, the delay will enable it to consider the significant response to its consultation on the new rules, which received around 240 written responses.

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Our stove is the first appliance to get a battery, but not the last…

Energy Central

It's going to revolutionize the game, says Baker. "Absorbing this [electricity] locally actually makes financial sense. Using appliances to complete the task is optimal. TWP Advice by Michael J. Coren, March 28, 2023 Your appliances, you should know, will come loaded with batteries. We’ll probably have energy storage in our stoves and water heaters, perhaps even our.

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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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ESG Data Startup Atlas Metrics Raises €5.2 Million to Build Out Platform

ESG Today

ESG data management startup Atlas Metrics announced that it has raised €5.2 million in seed funding, with proceeds aimed at building out its platform to help companies collect, analyze, and communicate ESG data. Founded in 2021, Berlin-based Atlas offers an ESG data accounting and reporting suite for companies and investors to understand and manage their non-financial performance, including tracking and communicating ESG KPIs, including carbon footprint.

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TVA and other Southeast utilities underinvest in energy efficiency, but federal funding could help: SACE

Utiliity Dive

The report, by The Southern Alliance for Clean Energy, calls out Tennessee Valley Authority’s lack of efficiency investment in particular. The utility says its programs “have achieved a proven track record of results.

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EU countries seek legal option to stop Russian LNG imports

Energy Central

This month, EU Energy Commissioner Kadri Simson advised European businesses not to enter into new LNG contracts with Russia, a recommendation from Spanish Energy Minister Teresa Ribera. REUTERS By Kate Abnett LNG tanker SCF La Perouse sails along Nakhodka Bay near the port city of Nakhodka, Russia June 13, 2022. REUTERS/Tatiana Meel BRUSSELS, March 28 (Reuters) - European Union.

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AES, Exelon, others urge FERC to reject West Virginia PSC push to open confidential PJM committee

Utiliity Dive

Public Citizen on Tuesday urged the Federal Energy Regulatory Commission to explore governance reforms for all regional transmission organizations.

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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.