January, 2024

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AstraZeneca, Atlassian and Philips: How to convince suppliers to lower greenhouse gas emissions

GreenBiz

Companies are committing to help suppliers set science-based targets and lower emissions. Here’s how pharma company AstraZeneca, software firm Atlassian and healthcare tech maker Philips approach it.

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Greening grid muscles out fossil fuels, pushes down power prices

Renew Economy

Record low coal and gas generation pushed wholesale electricity prices lower in the last quarter of 2023, as every region of the country notched up new solar output records. The post Greening grid muscles out fossil fuels, pushes down power prices appeared first on RenewEconomy.

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There’s nothing conservative about turning our backs on nature

Corporate Knights

Corporate Knights reached out to conservatives in Canada , the U.S. and the U.K. who are hoping to steer their parties toward a more sustainable future. We asked all three the same question: what is your prescription for green conservatives? Read our introduction here. In 2006, David Cameron, then leader of the Conservative Opposition, travelled to the Arctic to be photographed “hugging a husky.

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Trees struggle to 'breathe' as climate warms

Science Daily / Earth & Environment

Trees are struggling to sequester heat-trapping carbon dioxide (CO2) in warmer, drier climates, meaning that they may no longer serve as a solution for offsetting humanity's carbon footprint as the planet continues to warm, according to a new study.

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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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Air pollution and trees study overturns “rough and hairy is good” dictum

Envirotec Magazine

Surrey researcher Yendle Barwise assembling one of the pollution monitors. If you’re trying to take pollution out of the air, choose evergreen trees with smaller leaves. That’s according to a new study from the University of Surrey. Researchers from Surrey’s Global Centre for Clean Air Research (GCARE) tested ten trees beside a busy main road.

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The Positives and Negatives of Tipping Points  

Chris Hall

A growing body of research warns that the financial sector is underestimating the risks of Earth’s system tipping points – how should it respond? The gap between the science of climate change and the emerging tools aimed at helping the financial sector manage concomitant risks is the subject of intensifying debate. Last July, ‘The Emperor’s New Climate Scenarios – a warning for the financial services’, published by the Institute and Faculty of Actuaries (IFoA) in collaboration with the Univ

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Final concrete turbine foundations poured for Australia’s biggest wind farm

Renew Economy

All of the concrete foundations have been poured at the site of the massive MacIntyre wind farm, ready to accommodate 162 wind turbines. The post Final concrete turbine foundations poured for Australia’s biggest wind farm appeared first on RenewEconomy.

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How Big Oil's spin doctors are influencing influencers

Corporate Knights

In November 1959, some 300 businessmen, scientists and government officials gathered at Columbia University in New York to celebrate the first hundred years of commercial oil exploitation in the United States. The mood was triumphant: fossil fuels were the lifeblood of the world’s largest economy, powering the postwar boom, industrial expansion and the suburban American dream.

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Evolution might stop humans from solving climate change

Science Daily / Earth & Environment

Human culture has evolved to allow humans to extract resources and helped us expand to dominate the biosphere. But the same evolutionary processes may counteract efforts to solve new global environmental threats like climate change, according to a new study. Tackling the climate crisis will require worldwide regulatory, technical and economic systems supported by strong global cooperation.

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Increasing number of local authorities require over 10% Biodiversity Net Gain

Envirotec Magazine

In advance of the statutory requirement for biodiversity net gain (BNG) for new developments from January 2024, new research appears to reveal a gradual increase in the number requesting in excess of the 10% biodiversity net gain. Law firm Carter Jonas conducted the research, analysing the emergence of BNG policies and guidance within local planning authorities (LPAs) in a series of research from spring 2022.

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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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GRI Launches New Biodiversity Reporting Standard

ESG Today

The Global Reporting Initiative (GRI), one of the leading organizations promoting standardized ESG reporting, announced today the publication today of “GRI 101: Biodiversity 2024,” a major update to its Biodiversity Standard, aimed at enabling companies to publicly disclose on their most significant biodiversity impacts, and how they are managed. The new reporting standard comes as businesses and financial institutions increasingly focus on nature and biodiversity risk, and as global efforts to

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The year ahead in ESG: Assurance, transition finance and natural capital

GreenBiz

3 hot topics for 2024: regulations for ESG assurance; international agreements for transition finance; and new ways to measure investment in nature and biodiversity.

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Origin to build 650 MWh battery next to gas plant in Victoria

Renew Economy

Origin unveils plans to spend $400 million on a 650MWh battery in Victoria. The post Origin to build 650 MWh battery next to gas plant in Victoria appeared first on RenewEconomy.

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Ralph Nader shares the secrets to success of 'rebel' CEOs

Corporate Knights

Throughout much of his career, Ralph Nader has railed against those in the corporate world responsible for hurting people and the planet. The former Green Party candidate for U.S. president and legendary consumer advocate has spent decades holding various industries to account for malfeasance. But in his latest book, Nader has taken a different tack.

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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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Acidity of Antarctic waters could double by century's end, threatening biodiversity

Science Daily / Earth & Environment

Without drastically reducing global emissions, the Antarctic Ocean could become too acidic for hundreds of species living there, many already endangered by rising temperatures and sea ice loss.

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Global Economics Intelligence executive summary, December 2023

McKinsey Sustainabilty

2024 looks uncertain: inflation has come down but long-term interest rates remain high; retail sales are relatively stable; manufacturing continues to contract; geopolitical concerns are on the rise.

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More than 80% of Companies Adopting ESG Metrics in Exec Compensation Plans: WTW Study

ESG Today

Companies globally are increasing the use of ESG factors in their executive compensation programs, with more than 80% of incentive plans now incorporating at least one ESG metric, and the integration of environmental metrics rising particularly rapidly, according to a new study released by professional services and solutions provider WTW. For the study, WTW’s fourth annual Report on ESG Metrics in Executive Incentive Plans, WTW reviewed the public disclosures from over 1,100 listed companies acr

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As electric bus market expands in US, manufacturers struggle to keep up

GreenBiz

Fueled by federal funding, the transition to low-emissions public transportation represents a big opportunity for the struggling U.S. electric bus manufacturing industry.

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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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Millions in fossil fuel money rained on major political parties last year

Renew Economy

Santos, Woodside, Adani and Gina Rinehart feature among donors to major political parties in 2023. The post Millions in fossil fuel money rained on major political parties last year appeared first on RenewEconomy.

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The pay gap between Canada’s CEOs and workers is widening fast

Corporate Knights

In 1998, the best-paid CEOs earned roughly 104 times what average workers did. In 2009, as the world lurched out of an economic recession, it was 155 times. In 2022, it was pushing 250. That stark comparison is just one way to measure the growing gap between the incomes of corporate leaders and those of the people on whom they depend to generate revenue.

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Bottled water can contain hundreds of thousands of previously uncounted tiny plastic bits

Science Daily / Earth & Environment

In recent years, there has been rising concern that tiny particles known as microplastics are showing up basically everywhere on Earth, from polar ice to soil, drinking water and food. Formed when plastics break down into progressively smaller bits, these particles are being consumed by humans and other creatures, with unknown potential health and ecosystem effects.

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Accelerating Europe: Competitiveness for a new era

McKinsey Sustainabilty

Turbulent times have highlighted new fragilities in Europe’s economies. Addressing them could be the catalyst for a new wave of competitiveness and growth.

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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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Standard Biocarbon Raises $5 Million to Launch U.S. Biochar Carbon Capture Facility

ESG Today

Sustainable infrastructure capital provider Nexus Development Capital announced a $5 million investment in carbon removal startup Standard Biocarbon, aimed at supporting the development and scaling of its new biochar production facility. Biochar, or biological charcoal, is produced by heating biomass, such as forest residue, wood or crop waste, in the absence of oxygen, creating a stable form of carbon, which when buried in soil enables centuries-long carbon sequestration, in addition to leading

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Intel is using hot water to cut natural gas use in its factories

GreenBiz

Industrial heat recovery is an untapped opportunity that could save an estimated $152.5 billion in annual energy costs globally.

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Cost of UK’s flagship nuclear project blows out to more than $A92 billion

Renew Economy

Cost of UK's flagship nuclear project blows out again, this time to a potential $A92 billion. Is the Australian Coalition still pushing this technology? The post Cost of UK’s flagship nuclear project blows out to more than $A92 billion appeared first on RenewEconomy.

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BlackRock cuts 600 staff as asset managers defend profit margins

Financial Times: Moral Money

Fink and Kapito say headcount will increase this year as firm invests in technology and new offerings

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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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Climate change threatens older elephants most, jeopardizing African elephants' future

Science Daily / Earth & Environment

A collaborative team of researchers has conducted first-of-its kind research into how global climate change affects African elephants. The work shows that older elephants will have markedly decreased chances of survival, which will not only drastically reduce the species' overall ability to weather the changing climate but will send ripple effects throughout the surrounding landscape.

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What to expect in US healthcare in 2024 and beyond

McKinsey Sustainabilty

A new perspective on how technology, transformation efforts, and other changes have affected payers, health systems, healthcare services and technology, and pharmacy services.

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The rise of the chief sustainability officer

Corporate Knights

Twenty years ago, Delaware-based DuPont became the first U.S. public company to appoint a chief sustainability officer (CSO). To skeptics, the controversial chemical giant wasn’t exactly taking a risk: Linda Fisher had been deputy administrator of the U.S. Environmental Protection Agency, an appointee of the George W. Bush administration that took little interest in regulation or climate change.

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Business action on energy efficiency could save $2 trillion a year, new research claims

GreenBiz

A World Economic Forum and PwC report sets out a host of energy efficiency actions it claims are 'doable today, at attractive returns with no need for new technology.

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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.