Mon.Dec 09, 2024

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Banks flout net-zero targets to cash in on the next LNG boom

Corporate Knights

Liquefied natural gas developers have expansion plans that could release 10 additional metric gigatons of climate pollution by 2030, and major banks and investors are enabling them to the tune of nearly $500 billion. A new report published by Reclaim Finance on Thursday calculates that, between 2021 and 2023, 400 banks put $213 billion toward LNG expansion and 400 investors funded the buildout with $252 billion as of May 2024.

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Mastercard: Supporting Startups That Are Moving More Sustainable Grocery Picks Up the Food Chain

3BL Media

Mastercard Trawling the supermarket aisles for dinner, most peoples eyes gravitate to the price tag and preparation time. An oven-ready beef lasagna might look like a more attractive option than a vegetable stir-fry that requires chopping, sauting and cleaning up. However, by prioritizing cost and convenience, shoppers often ignore one factor the carbon footprint that dinner leaves behind.

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Plunging cost of big batteries: Latest gigawatt scale project may set new price benchmark

Renew Economy

The bit mover in the CSIRO's GenCost report was the plunging cost of battery storage. One major battery project may already be doing much better. The post Plunging cost of big batteries: Latest gigawatt scale project may set new price benchmark appeared first on RenewEconomy.

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Letter From Lenovo’s Chief Legal & Corporate Responsibility Officer: Driving ESG With Innovation, Diversity, and Accountability

3BL Media

Originally published in Lenovo's 2023/24 ESG Report As Senior Vice President and Chief Legal & Corporate Responsibility Officer, it is a pleasure to share our 18th annual Environmental, Social, and Governance (ESG) Report for FY 2023/24. I write this letter with the knowledge that our world is at a critical juncture across all elements of ESG. This past year was measured as the hottest year on Earth in recorded history, economic uncertainty and division remains for many around the world, and

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How to Modernize Manufacturing Without Losing Control

Speaker: Andrew Skoog, Founder of MachinistX & President of Hexis Representatives

Manufacturing is evolving, and the right technology can empower—not replace—your workforce. Smart automation and AI-driven software are revolutionizing decision-making, optimizing processes, and improving efficiency. But how do you implement these tools with confidence and ensure they complement human expertise rather than override it? Join industry expert Andrew Skoog as he explores how manufacturers can leverage automation to enhance operations, streamline workflows, and make smarter, data-dri

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“It makes my blood boil:” Bowen fumes as Dutton leads new attack on CSIRO integrity

Renew Economy

The Coalition responded to the latest CSIRO GenCost report by attacking the authors. Chris Bowen was not impressed. The post “It makes my blood boil:” Bowen fumes as Dutton leads new attack on CSIRO integrity appeared first on RenewEconomy.

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Goldman Sachs Exits Net Zero Banking Alliance

ESG Today

Goldman Sachs has chosen to exit the Net-Zero Banking Alliance (NZBA), ESG Today has confirmed, marking the first high profile departure from the UN-backed coalition of banks dedicated to advancing global net zero goals through their financing activities. In a statement provided to ESG Today, a Goldman Sachs spokesperson said that the firm has the capabilities to achieve our goals and to support the sustainability objectives of our clients, and added that it is also very focused on the increasin

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New Guidance to Help Investors and Corporate Directors Engage Effectively on Climate Governance

3BL Media

December 9, 2024 /3BL/ - The updated 2024 Ceres Guidance for Investor Engagements with Directors on Climate Risk Governance is a resource for investors to guide engagements with U.S. corporate directors to better understand board oversight of the financially material risks and opportunities associated with climate change. U.S. financial markets are navigating the complex task of responsible decarbonization.

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South Australia delivers a “pigeon pair” of solar and battery milestones

Renew Economy

South Australia set two significant records on this week, showcasing how solar and battery storage are a pigeon pair of complementary technologies balancing the grid. The post South Australia delivers a “pigeon pair” of solar and battery milestones appeared first on RenewEconomy.

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Comcast NBCUniversal Celebrates Native American Heritage Month 2024

3BL Media

Comcast NBCUniversal is committed to honoring the rich and vibrant history of Native American communities. This Native American Heritage Month, they are celebrating the dynamic cultures, aspiring stories and ongoing contributions that Native Americans make to society. Xfinity Programming To honor Native American Heritage Month, Xfinity presents a thoughtfully curated collection showcasing Indigenous talent on both sides of the lens.

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Brookfield-backed 450MW wind and big battery project gain first approvals under LNP government

Renew Economy

An up to 450 megawatt wind farm and big battery being co-developed by Greenleaf Renewables and Brookfield are the first projects to gain approval since new LNP state government won power. The post Brookfield-backed 450MW wind and big battery project gain first approvals under LNP government appeared first on RenewEconomy.

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The Key to Sustainable Energy Optimization: A Data-Driven Approach for Manufacturing

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. 📊 Join us for a practical webinar hosted by Kevin Kai Wong of Emergent Ene

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CBRE Commits to Cut Managed Properties Emissions by More than Half by 2030

ESG Today

Commercial property manager and developer CBRE announced the launch of new interim climate goals, with new 2030 targets to reduce Scope 1 and 2 emissions by 50%, and to cut emissions per square foot from properties and facilities managed for clients by far the largest source of CBREs carbon footprint by 55%. The new targets were announced as part of the release of the companys Climate Transition Strategy, outlining CBREs approach to achieving its 2040 goal to reach net zero greenhouse gas (GHG

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Hydro Tas chooses renewables veteran and its first female CEO to lead through “period of change”

Renew Economy

Hydro Tasmania's months-long hunt for a new CEO ends with the announcement that former Pacific Hydro chief and Clean Energy Council chair Rachel Watson will take up the role in April of next year. The post Hydro Tas chooses renewables veteran and its first female CEO to lead through “period of change” appeared first on RenewEconomy.

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Clean Energy Ventures Hires Charlotte Kirk to Expand Presence into Europe

ESG Today

Climate tech-focused venture capital investor Clean Energy Ventures (CEV) announced the appointment of Dr. Charlotte Kirk as Investment Principle for the launch of the firms European presence through its new London office. Founded in 2017, CEV invests in companies commercializing disruptive and capital-light advanced energy technologies and business model innovations that can reshape how energy is produced and consumed, and can achieve significant scale by taking advantage of market-driven force

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CanREA members successful in BC Hydro’s 2024 Call for Power 

CREA

BC Hydro has selected CanREA member companies for all nine of the successful projects in British Columbias 2024 RFP. Vancouver, December 9, 2024 The Canadian Renewable Energy Association (CanREA) wishes to congratulate five member companies whose projects have been selected by BC Hydro in its 2024 Call for Power, as announced today by British Columbia Premier David Eby.

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How to Drive Cost Savings, Efficiency Gains, and Sustainability Wins with MES

Speaker: Nikhil Joshi, Founder & President of Snic Solutions

Is your manufacturing operation reaching its efficiency potential? A Manufacturing Execution System (MES) could be the game-changer, helping you reduce waste, cut costs, and lower your carbon footprint. Join Nikhil Joshi, Founder & President of Snic Solutions, in this value-packed webinar as he breaks down how MES can drive operational excellence and sustainability.

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bp, JERA to Invest Up to $6 Billion to Launch New Offshore Wind JV

ESG Today

Energy giant bp, and Japans largest power generation company, JERA,announced today the launch of JERA Nex bp, a new equally-owned joint venture combining each companys offshore wind assets. With a total potential net generating capacity of 13 GW, the new venture will be one of the largest offshore wind developers, owners and operators globally. As part of the new venture, the companies have committed to provide up to $5.8 billion in capital funding for JERA Nex bp by the end of 2030. bp CEO Murr

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Buried Treasure: There is no Green Energy Transition without mining

Renew Economy

As the world seeks to lock in the green energy transition, market demand for critical minerals will increase exponentially in the coming decades. The post Buried Treasure:There is no Green Energy Transition without mining appeared first on RenewEconomy.

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Holtara Launches New CSRD Compliance Platform

ESG Today

Holtara, the ESG solutions group of financial services and solutions provider Apex Group, announced today the launch of Holtara.io, a new advisory and solutions platform aimed at helping companies comply with the EUs new Corporate Sustainability Reporting Directive (CSRD). The new platform comes as many companies are in the process of complying with the CSRDs new sustainability reporting requirements.

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Enough, already: why humanity must get on board with the concept of ‘sufficiency’

Environmental News Bits

by David Angus Ness, University of South Australia Humanitys rapacious consumption is more than Earth and its climate can handle, which is driving an ecological crisis. Australians are the worst offenders per person due to our excessive resource use.

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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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Cisco Modeling Labs Free: Get Free Hands-on Practice in Network Simulation

Cisco CSR

Cisco Modeling Labs Free is now available, making our premier network virtualization platform easier and more accessible than ever.

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Investing in the future of tech: Lessons from winning companies

McKinsey Sustainabilty

Survey results suggest that while the overall outlook for tech investments is strong, only a select few companies are investing in the foundations and people that can support future success.

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Franklin Templeton Recognized in Pensions & Investments’ Best Places to Work in Money Management in 2024

3BL Media

SAN MATEO, Calif., December 9, 2024 /3BL/ - Franklin Templeton and three of its specialist investment managers were recognized in the 2024 Best Places to Work in Money Management awards announced by Pensions & Investments. Franklin Templeton was included in the Super Employers category for those with 1,000+ employees, while Brandywine Global, Clarion Partners and ClearBridge Investments were included in the Large Employers category for those with 100 to 499 employees.

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Drawdown Labs Job Function Action Guides

Environmental News Bits

Download the guides. The Drawdown Labs Job Function Action Guides are practical and shareable resources that highlight specific, high-impact climate actions employees in common corporate professions can take at work.

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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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Principal® Recognized in Pensions & Investments’ Best Place to Work in Money Management for 13th Consecutive Year

3BL Media

DES MOINES, Iowa, December 9, 2024 /3BL/-- Principal Asset Management , the investment management unit of Principal Financial Group , announced today Pensions & Investments named the firm 2024 Best Place to Work in Money Management. This is the 13 th consecutive year Principal has been recognized as a best place to work in the largest employers category, earning the recognition every year since the programs inception.

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Challenging the neutrality myth in climate science and activism

Environmental News Bits

van Eck, C. W., Messling, L., & Hayhoe, K. (2024). Challenging the neutrality myth in climate science and activism. Npj Climate Action, 3(1), 81. [link] Abstract We argue that Bntgens (2024) claim that climate science must be separated from activism is fundamentally flawed.

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Cintas Corporation Releases Fiscal Year 2024 Community Impact Report

3BL Media

CINCINNATI, December 9, 2024 /3BL/ - Cintas Corporation (Nasdaq: CTAS) published its Fiscal Year 2024 Community Impact Report, which includes information and data about the companys philanthropic initiatives that it supported during the last fiscal year through Cintas Cares. The FY24 Community Impact Report covers the companys fiscal year from June 1, 2023, to May 31, 2024.

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Redefining success: A new playbook for African fintech leaders

McKinsey Sustainabilty

As African fintechs evolve, businesses and investors are shifting their focus from a growth-at-all-costs approach to investing in sustainable paths to success.

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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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Empowering Success Through Digital Innovation: Mary Kay’s Cutting-Edge Tools and AI-Driven Equality Research

3BL Media

Originally published in Mary Kay's 2024 Sustainability Report For Mary Kay, its mission critical: weve been accelerating our digital innovation efforts to unleash the full potential of women entrepreneurs. From revolutionizing Mary Kays Independent Beauty Consultants (IBCs) businesses and their customers experience to pioneering gender equality research in algorithms and artificial intelligence inclusive digital upskilling is the keystone of tech transformation for a sustainable future.

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Extracting value from AI in banking: Rewiring the enterprise

McKinsey Sustainabilty

To gain material value from AI, banks need to move beyond experimentation to transform critical business areas, including by reimagining complex workflows with multiagent systems.

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Cascale Joins the Industry We Want To Discuss Collaborative Approaches To Increase Climate Adaptation Efforts in the Garment Sector

3BL Media

Cascale team member Hanna Griesbeck Garcia, manager of stakeholder engagement and project manager of TIWW, recently moderated The Industry We Want (TIWW) Deep Dive webinar that focused on unpacking challenges related to stagnating greenhouse gas (GHG) emissions in the garment industry. The discussion centered around climate vulnerabilities impacting workers and supply chains, including extreme flooding and rising temperatures, and the importance of increasing climate adaptation efforts across th

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We have officially advised our university to ditch carbon offsets – and focus on cutting emissions

Environmental News Bits

by James Dyke, University of Exeter; Jamie Shutler, University of Exeter, and Peter Cox, University of Exeter As climate and Earth scientists, we are acutely aware that action on climate change is desperately needed.

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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.