June, 2023

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Australia to Introduce Mandatory Climate-Related Reporting for Companies Starting 2024

ESG Today

The government of Australia is planning to implement mandatory climate-related financial disclosure requirements for companies and financial institutions, according to a new consultation paper launched by the Treasury on Tuesday, detailing and seeking feedback on the proposed reporting rules. Reporting requirements would apply as soon as 2024 for large businesses, with smaller entities phased in over the following three years.

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Why plastic-eating enzymes are in fashion with Lululemon, Patagonia, Stella McCartney and Puma

GreenBiz

French startup Carbios, U.S. firm Protein Evolution and Australian venture Samsara Eco are three early-stage companies pioneering enzymatic approaches to recycling textiles.

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“Day for history books:” Hazelwood becomes first coal plant to transition to big battery

Renew Economy

Hazelwood big battery officially commissioned, becoming first of many big batteries to be built at the site of a former coal generator in Australia. The post “Day for history books:” Hazelwood becomes first coal plant to transition to big battery appeared first on RenewEconomy.

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With wildfires and droughts, the global water emergency is in plain sight

Corporate Knights

On every corner of the planet, the water emergency is in plain sight. In Madagascar, where children are skipping school to dig into bone-dry river beds , and Argentina, where corn husks come up hollow. Across the parched Mediterranean, subject to another blistering heat wave in April , and in massive reservoirs in the United States, where dangerously low water levels threaten power generation.

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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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US residential heat pump sales pass gas furnaces for first time as interest in efficiency tech surges: IEA

Utiliity Dive

The International Energy Agency also said in its report, Energy Efficiency - The Decade for Action , released Wednesday, that electric vehicle sales in the U.S. rose 55% last year.

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Marine environment at risk due to ship emissions

Science Daily / Earth & Environment

Researchers used four different types of port environments to investigate the levels of contaminants emitted from five different sources. They found that the combined emissions of metals and environmentally hazardous substances is putting the marine environment at risk. Ninety per cent of the harmful emissions came from ships fitted with scrubbers, whose purpose is to clean their exhaust gases.

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The first ISSB reporting standards are here — what that means for investors

GreenBiz

ISSB Chair Emmanuel Faber on investors’ need for comparable disclosures, collaborating to harmonize standards and what’s ahead for Scope 3 data.

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Big batteries storm the fossil fuel citadels, and spell the end for coal and gas

Renew Economy

Big batteries were first built next to wind and solar farms. Now they are found within massive coal and gas compounds, eating the fossil fuel industry from the inside out. The post Big batteries storm the fossil fuel citadels, and spell the end for coal and gas appeared first on RenewEconomy.

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AI may be coming for your job, but green gigs are booming

Corporate Knights

ChatGPT did not write this. But artificial intelligence will continue to have a profound impact on the job market over the next five years. That’s one of the takeaways from a new report from the World Economic Forum (WEF) that maps out the future of employment. The report says that by 2027, nearly one-quarter of the labour market will experience disruption – signalling a significant shift as jobs are lost and created.

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The FCC launches a privacy task force focused on wireless

Stacey Higginbotham

The Federal Communications Commission (FCC) wants to get back into the business of regulating privacy. On Wednesday, Chairwoman Jessica Rosenworcel announced the agency had created a Privacy and Data Protection Task Force that will be led by Loyaan Egal, the head of the enforcement bureau. The task force will continue its investigation of the sale of consumers’ personal information (including geolocation data) from wireless carriers to data brokers.

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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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Octopuses rewire their brains to adapt to seasonal temperature shifts

Science Daily / Earth & Environment

Octopuses don't thermoregulate, so their powerful brains are exposed to -- and potentially threatened by -- changes in temperature. Researchers report that two-spot octopuses adapt to seasonal temperature shifts by producing different neural proteins under warm versus cool conditions. The octopuses achieve this by editing their RNA, the messenger molecule between DNA and proteins.

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50% of CEOs Have Pay Tied to ESG Goals, up from 15% One Year Ago: IBM Survey

ESG Today

The practice of linking incentive pay for senior executives to performance on ESG factors has surged in the past year, with approximately half of CEOs reporting that their compensation is now tied to sustainability goals, up from only 15% one year ago, according to a new global CEO survey released by IBM. For the study, “CEO decision-making in the age of AI,” the IBM Institute for Business Value (IBV), in cooperation with Oxford Economics, interviewed 3,000 CEOs across more than 30 countries and

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How regenerative tourism can help avert a sixth extinction

GreenBiz

John Pagano, Group CEO of Red Sea Global, examines the benefits regenerative tourism can bring and explores the importance of biodiversity to both business and planet.

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Worse than passive smoking: Gas stoves emit high levels of cancer-linked benzene

Renew Economy

When used at normal cooking temperatures gas stoves and ovens push benzene levels up by as much as 70 times above baseline. The post Worse than passive smoking: Gas stoves emit high levels of cancer-linked benzene appeared first on RenewEconomy.

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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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Time to move beyond the autocratic CEO

Corporate Knights

Always one to march to the beat of his own drum, Elon Musk’s iron-fisted reign of Twitter has been one for the ages. Sweeping job cuts, heavily criticized platform changes, and a hostile relationship with the press have defined the tumultuous takeover. While some Silicon Valley bosses have cheered on his merciless style, Musk’s tactics are the antithesis of what is required in the world we live in today.

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The Week in Impact Investing: On the brink

Impact Alpha

TGIF, Agents of Impact! ? Nick of time. “When a man knows he is to be hanged,” Samuel Johnson once said (according to. The post The Week in Impact Investing: On the brink appeared first on ImpactAlpha.

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When pigeons dream

Science Daily / Earth & Environment

Dreams have been considered a hallmark of human sleep for a long time. Latest findings, however, suggest that when pigeons sleep, they might experience visions of flight. Researchers studied brain activation patterns in sleeping pigeons, using functional magnetic resonance imaging. The study revealed that similar to mammals, most of the brain is highly active during REM sleep.

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A look at DeviceScript, Microsoft’s modern IoT coding language

Stacey Higginbotham

Microsoft last month introduced DeviceScript , a sub-set of the company’s TypeScript programming language, specifically for the IoT. DeviceScript apps are meant to bring a more modern coding approach to small connected devices that run on microcontrollers. Given my ongoing development education, I took a brief look at DeviceScript by installing it and running through some of the code examples.

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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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Now you can copy the Allbirds zero-footprint shoe design

GreenBiz

The company’s new Moonshot high-top, due commercially in 2024, uses specially sourced merino wool and a bio-based sole that slashes emissions associated with production. Allbirds published the “recipe” so other footwear companies can copy the approach.

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ACT passes first law in Australia banning gas in new homes, as fossil empire strikes back

Renew Economy

ACT votes on law to ban new gas connections for homes and businesses, in a major coup for electrification and a new blow to the fossil fuel lobby. The post ACT passes first law in Australia banning gas in new homes, as fossil empire strikes back appeared first on RenewEconomy.

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Six Nations leading the charge on Canada's largest battery farm

Corporate Knights

On a sleepy swath of farmland near the Six Nations of the Grand River reserve in southwestern Ontario’s Haldimand County, work crews later this year will begin planting a very different type of cash crop in a region of the province that’s well known for its berries, greens and grains. This piece of land is set to become one of North America’s largest battery farms – a facility that will house banks of high-capacity lithium-ion modules capable of storing 250 megawatts of electricity, enough to pr

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IFRS Releases Global Sustainability and Climate Reporting Standards

ESG Today

The IFRS Foundation’s International Sustainability Standards Board (ISSB) announced today the official launch of its new global sustainability and climate disclosure standards, expected to form the basis for emerging sustainability reporting requirements by regulators around the world, and integrating sustainability reporting into the broader financial reporting process.

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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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Puerto Rico utility debt plan could saddle residents with unaffordable power bills for decades, groups warn

Utiliity Dive

The bankrupt Puerto Rico Electric Power Authority has more than $9 billion in legacy debt obligations, and experts fear a proposed repayment plan will drive customers off the grid and away from the island.

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Clean, sustainable fuels made 'from thin air' and plastic waste

Science Daily / Earth & Environment

Researchers have demonstrated how carbon dioxide can be captured from industrial processes -- or even directly from the air -- and transformed into clean, sustainable fuels using just the energy from the Sun.

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Get ready for a battery of EU battery regulations

GreenBiz

The rules include a labeling mandate and will eventually require battery makers to meet certain levels of recycled content for critical minerals found in batteries, such as cobalt, lithium and nickel.

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Neoen and Tesla to build giant four-hour battery in landmark deal to squash solar duck

Renew Economy

Neoen is to build a massive four-hour battery in Western Australia in landmark and highly profitable contract designed to flatten solar duck in world's biggest isolated grid. The post Neoen and Tesla to build giant four-hour battery in landmark deal to squash solar duck appeared first on RenewEconomy.

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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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The World Economy Is Becoming Unglued; Models Miss Real-World Behavior

Gail Tverberg

A common belief is that if the world does not have adequate energy, the result will be high prices. These high prices will allow more fossil fuels to be extracted or will allow renewables to substitute for fossil fuels. In my view, the real issue is quite different: Inadequate energy supply of the types the economy requires can be expected to affect the economy in a way that causes it to become “unglued.” The economy will gradually fall apart as infighting becomes more of a problem.

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The Week in Impact Investing: Allocation

Impact Alpha

TGIF, Agents of Impact! We’re taking a Brief break to commemorate the Juneteenth holiday in the US. We’ll be back in your in-box. The post The Week in Impact Investing: Allocation appeared first on ImpactAlpha.

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EU Commission Eases Sustainability Reporting Rules

ESG Today

Enables materiality assessments for sustainability factors, extended phase-in times for small businesses The European Commission on Friday released a series of proposed changes to the European Sustainability Reporting Standards (ESRS), the rules and requirements for companies to report on sustainability-related impacts, opportunities and risks under the EU’s upcoming Corporate Sustainable Reporting Directive (CSRD).

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Gucci Ceases to Buy Carbon Credits and Quits Calling Itself Carbon Neutral

Environment + Energy Leader

The luxury fashion maker Gucci has quit calling itself a carbon-neutral company. It says the carbon credits it buys need more transparency.

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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.