December, 2023

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Tech must lead on carbon neutrality

GreenBiz

Sponsored: The tech industry is far from the biggest polluter, but it’ll be a key leader in solving the most pressing issue of our time: saving our planet.

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CSIRO says wind and solar much cheaper than nuclear, even with added integration costs

Renew Economy

CSIRO's GenCost report updated to include near term transmission costs for wind and solar, and finds that the case for nuclear has been blown out of the water by the collapse of US SMR project. The post CSIRO says wind and solar much cheaper than nuclear, even with added integration costs appeared first on RenewEconomy.

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Is the LNG industry gaslighting the path to net-zero?

Corporate Knights

Home of the Haisla First Nation, the town of Kitimat sits at the end of a 90-kilometre fjord in a remote corner of northern British Columbia. It is a focal point for Canadian ambitions to join the ranks of major exporters of liquefied natural gas (LNG) to energy-hungry Asian markets. On one stretch of the Douglas Channel shoreline is the site of LNG Canada, a partnership of international corporations including Shell PLC and PetroChina.

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The impact of generative AI on Black communities

McKinsey Sustainabilty

Generative AI has the potential to widen the racial economic gap in the United States by $43 billion each year. But deployed thoughtfully, it could actually remove barriers to Black economic mobility.

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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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Who Won the Fossil Fuel War at COP28?

Richard Matthews

We did not get an agreement to phaseout fossil fuels at COP28, but we did get a deal that calls for a phasedown this decade. It was a hard-fought battle that saw two competing perspectives go head-to-head. On one side there was a large and powerful fossil fuel contingent that rejected phasing out hydrocarbons and […] The post Who Won the Fossil Fuel War at COP28?

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Climate change shown to cause methane to be released from the deep ocean

Science Daily / Earth & Environment

New research has shown that fire-ice -- frozen methane which is trapped as a solid under our oceans -- is vulnerable to melting due to climate change and could be released into the sea.

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Australia’s richest person says solar panels are an eyesore: Here’s why that matters

Renew Economy

AFR's choice of business heroes - mostly those who have fought quick action on net zero - underlines the tough road ahead for the green energy transition. The post Australia’s richest person says solar panels are an eyesore: Here’s why that matters appeared first on RenewEconomy.

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Canada isn't challenging banks enough to prepare for climate chaos

Corporate Knights

There’s an old joke about a chemist, a physicist and an economist trapped on an island with just one unopened can of food. The chemist suggests putting the can in the fire until it explodes, while the physicist suggests dropping it from a tree. “Those would waste food,” says the economist, “so here’s the solution: let’s assume we have a can opener.” The joke is a good reminder of the limitations of the climate-scenario exercise about to be conducted by Canada’s financial regulator, the Office of

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How generative AI can boost consumer marketing

McKinsey Sustainabilty

From automating processes and powering hyperpersonalization to permanently altering the idea generation process, generative AI is poised to be a catalyst for a new age of marketing capabilities.

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Amazon, Holcim to Test Mercedes-Benz Hydrogen Powered Fuel Cell Trucks

ESG Today

Global truck manufacturer Daimler Truck has announced that it is building a first customer-trial fleet of Mercedes-Benz GenH2 Trucks powered by hydrogen fuel cells. Amazon, Air Products, INEOS, Holcim and Wiedmann & Winz will take part in first customer trials to gain initial experience in CO2-free long-distance transport with the fuel-cell trucks.

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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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How technology and economics can help save endangered species

Science Daily / Earth & Environment

A lot has changed in the world since the Endangered Species Act (ESA) was enacted 50 years ago in December 1973. Experts are now discuss how the ESA has evolved and what its future might hold.

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Finance teams need a crash course in ESG. These organizations can help

GreenBiz

New regulations, investor demands and environmental realities are forcing finance teams to brush up on best practices for sustainable finance and ESG reporting.

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Massive 1500 MW wind project gets planning approval, first in NSW in nearly three years

Renew Economy

A 1500 MW wind project, to be built with an 800 MW battery, has won planning approval in NSW, the first wind project to do so since early 2021. The post Massive 1500 MW wind project gets planning approval, first in NSW in nearly three years appeared first on RenewEconomy.

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European ESG funds face fossil fuel showdown after French ruling

Financial Times: Moral Money

France’s stipulation for its sustainable ISR label could lead to billions of euros of divestments by pan-European vehicles

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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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Unlocking the potential of generative AI: Three key questions for government agencies

McKinsey Sustainabilty

Government organizations may seek to jump on the gen AI bandwagon, but the technology’s complexities could sideline their efforts. Our framework addresses some critical implementation questions.

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EU Lawmakers Reach Deal on Sustainable Product Rules

ESG Today

Lawmakers in the European Parliament and Council announced today that they have reached a provisional agreement on proposed regulations for a new “Ecodesign” framework to establish sustainability requirements for nearly all products across the EU, and to improve information to consumers about products’ environmental sustainability. The agreement follows an initial proposal by the European Commission in March 2022 to set rules to improve the sustainability profile of a wide category of products,

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More than a meteorite: New clues about the demise of dinosaurs

Science Daily / Earth & Environment

What wiped out the dinosaurs? A meteorite plummeting to Earth is only part of the story, a new study suggests. Climate change triggered by massive volcanic eruptions may have ultimately set the stage for the dinosaur extinction, challenging the traditional narrative that a meteorite alone delivered the final blow to the ancient giants.

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Why JPMorgan, H&M and others will pay $57.1 million to spread crushed rock on farmland

GreenBiz

The Frontier buyers’ group wants to remove 154,000 tons of carbon dioxide from the atmosphere by 2028 through a new deal with startup Lithos Carbon.

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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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Batteries are getting bigger and longer, and helping wind and solar push coal out the door

Renew Economy

Wholesale electricity prices declined across the grid in 2023, and batteries are having a growing influence over the market as their numbers and length of storage grows. The post Batteries are getting bigger and longer, and helping wind and solar push coal out the door appeared first on RenewEconomy.

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Singapore excludes forest carbon projects from offsets eligibility list

Eco-Business

But exceptions have been made for REDD+ projects from Papua New Guinea that adopt a jurisdictional approach to measure deforestation rates. The eligibility list will be reviewed annually.

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Global Economics Intelligence executive summary, November 2023

McKinsey Sustainabilty

Elevated interest rates weigh on consumer confidence; central banks hold rates, except in Brazil (down) and Russia (up); inflation subsiding for now and is negative in China; growth subdued in Europe.

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BlackRock Predicts Low Carbon Transition “Mega Force” will Drive Major Investment Opportunities in 2024

ESG Today

Investment giant BlackRock announced today the release of its 2024 Private Markets Outlook, identifying the low-carbon transition as one of a few key “mega forces” that it expects to drive “major investment opportunities” over the next year, and calling out specific infrastructure-related areas including clean energy and electrification. In its report, BlackRock highlights the “massive reallocation of capital” expected to be driven by the need to rewire energy systems in order to transition to a

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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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Harvesting water from air with solar power

Science Daily / Earth & Environment

Researchers have developed a promising new solar-powered atmospheric water harvesting technology that could help provide enough drinking water for people to survive in difficult, dryland areas: They synthesized a super hygroscopic gel capable of absorbing and retaining an unparalleled amount of water. One kilogram of dry gel could adsorb 1.18 kilograms of water in arid atmospheric environments and up to 6.4 kilograms in humid atmospheric environments.

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The power of clean energy tax credits: A 10-year, $1 trillion opportunity

GreenBiz

Under the Inflation Reduction Act, sustainability professionals can tap into tax credits to boost sustainability budgets.

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Climate authority confirms Australia has been fudging its methane emissions data

Renew Economy

Federal government urged to act "immediately" as major report finds Australia well behind international best practice on measurement and reporting of methane emissions. The post Climate authority confirms Australia has been fudging its methane emissions data appeared first on RenewEconomy.

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22 brands called out for greenwashing in 2023

Eco-Business

Western courtrooms grew busier processing cases of greenwashing. In Asia, regulators and policymakers also started to think seriously about how to police exaggerated sustainability claims.

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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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Five big shifts shaping a new world for corporate and investment banks

McKinsey Sustainabilty

Macroeconomic, technological, regulatory, market structure, and product changes mean corporate and investment banks must take new approaches to tackling the opportunities and challenges ahead.

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BlackRock Sued by Tennessee for “Deceiving Consumers” about ESG Investing

ESG Today

Tennessee Attorney General Jonathan Skrmetti announced the launch of a new lawsuit against investment giant BlackRock, alleging that the misrepresented the extent to which it uses ESG considerations in its investment strategies, including in those that do not have a stated sustainability focus. The complaint states that BlackRock is “deceiving consumers about the company’s extensive commitment to fulfilling ESG aims.

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How a drought led to the rise of skateboarding in 1970s California

Science Daily / Earth & Environment

Why did professional skateboarding arise in southern California in the 1970s? Was it a coincidence, or was it a perfect storm of multiple factors? It's fairly well-known that a drought in southern California in the mid-1970s led to a ban on filling backyard swimming pools, and these empty pools became playgrounds for freestyle skateboarders in the greater Los Angeles area.

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Food decarbonization comes of age at COP28

GreenBiz

Governments, funders and businesses are rolling up their sleeves at the climate summit to transform food systems.

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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