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The U.S. Securities and Exchange Commission (SEC) announced that it has charged global asset manager Invesco for making misleading claims regarding its ESG-related investments, including overstating the proportion of assets under management that integrated ESG considerations. Invesco has agreed to pay a $17.5 million civil penalty to settle the SEC’s charges, while not admitting or denying the Commission’s allegations.
In 2023, Canada's Liberal government passed landmark legislation to phase out chemical toxicity experiments on animals. Bill S5, as it was called, seemed like a big step in the right direction for scientific progress and animal welfare. However, according to some political leaders, scientists and animal advocates, one crucial step has been missed: funding the research centre capable of putting those laws into action.
The first batch of Tesla Megapacks has arrived at the site of one of Queensland’s biggest batteries yet, that is being built at a former coal generation hub south of Brisbane to store excess solar energy and help balance the local grid. The 250 MW, two-hour (500 MWh) Swanbank Battery is being developed by Queensland […] The post Tesla Megapacks arrive as former coal site transforms into big Queensland battery appeared first on RenewEconomy.
Greenhouse Gas Emissions SAIC’s commitment to environmental sustainability begins with decarbonization of our operations. Our intent is to reduce overall greenhouse gas (GHG) emissions and work with our stakeholders to do the same. Scope 1 and Scope 2 Emissions We measure, monitor and track our Scope 1 and Scope 2 greenhouse gas emissions at facilities where we maintain operational control and publicly disclose those emissions.
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
A new study determines that just four policies can reduce mismanaged plastic waste -- plastic that isn't recycled or properly disposed of and ends up as pollution -- by 91% and plastic-related greenhouse gasses by one-third. The policies are: mandate new products be made with 40% post-consumer recycled plastic; cap new plastic production at 2020 levels; invest significantly in plastic waste management -- such as landfills and waste collection services; and implement a small fee on plastic packag
The Rise of For-Purpose Organizations: A Reality Check for Businesses We’ve all heard it before: “Business as usual” doesn’t cut it anymore. Consumers today demand more than profit-focused companies—they want businesses with values that align with their own. Enter the For-Purpose Organization: businesses that aren’t just profit-driven, but purpose-driven.
This week in ESG news: New sustainability leaders appointed at Starbucks, SAP; IFRS releases guide for reporting on sustainability risks and opportunities; EU, UK advance laws to regulate ESG ratings providers; Mercedes-Benz sharpens sustainability strategy on key focus areas; Deloitte releases CSRD sustainability reporting solutions; EU bans products made using forced labor; HSBC, BlackRock buy sustainable aviation fuel; nine out of ten companies planning to boost sustainability IT spend next
This week in ESG news: New sustainability leaders appointed at Starbucks, SAP; IFRS releases guide for reporting on sustainability risks and opportunities; EU, UK advance laws to regulate ESG ratings providers; Mercedes-Benz sharpens sustainability strategy on key focus areas; Deloitte releases CSRD sustainability reporting solutions; EU bans products made using forced labor; HSBC, BlackRock buy sustainable aviation fuel; nine out of ten companies planning to boost sustainability IT spend next
Members of Alberta’s governing United Conservative Party are debating whether to abandon existing net-zero targets at the party’s annual general meeting in Red Deer this week – a move that would further signal the province’s departure from global and national priorities for mitigating emissions. Drawing on longstanding pro-CO2 rhetoric in climate denialism, Policy Resolution #12 asks the government to scrap its decarbonization goals, remove the designation of carbon dioxide as a pollutant, and r
Western Australia’s South West Interconnected System, regarded as the biggest isolated grid in the world, hit a new penetration record for wind and solar power over the weekend, a new peak of 85.7 per cent. The milestone was noted on LinkedIn by the state’s co-ordinator of energy, Jai Thomas, referring to data displayed on the […] The post Milestone: World’s biggest isolated grid hits new wind and solar penetration record of 85.7 pct appeared first on RenewEconomy.
Cummins Volatile organic compounds (VOCs) are emitted as gases from a variety of products and processes, including paint and coating operations. While paint can provide protection and aesthetic benefits to products, the VOCs emitted during the painting process also have environmental implications. VOCs can react with nitrogen oxide when exposed to sunlight to create ground-level ozone, contributing to smog.
The cost of reversing the effects of climate change -- restoring melted polar sea ice, for example -- quickly climbs nearly fourfold soon after a tipping point is crossed, according to new work. Much work has been done to explore the environmental costs tied to climate change. But this new study marks the first time researchers have quantified the costs of controlling tipping points before and after they unfold.
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
CSIRO has opened its $6.8 million facility in Clayton, Victoria, dedicated to taking its printed flexible solar technology out of the lab and into the real world to help meet the growing demand for renewable energy across sectors. Unlike traditional silicon solar panels, CSIRO’s flexible solar cells are printed on thin plastic films. This makes them lightweight, portable and suitable for various applications across urban construction, space, defence, mining, emergency management, disaster relief
Auditing, quality control, and assurance standard-setting body the International Auditing and Assurance Standards Board (IAASB) announced the publication of its finalized International Standard on Sustainability Assurance 5000 (ISSA 5000), aimed at establishing a new standard for practitioners in carrying out sustainability assurance engagements. The new standard comes as companies are increasingly reporting on sustainability and climate-related risks, opportunities and impacts in alignment with
At the close of every year, the conscience of the world goes on display at the annual United Nations Climate Change Conference. Held last year in the United Arab Emirates, the COP28 meeting came under fire for planning a hydrocarbon-free future in a country where oil and gas account for 30% of total exports. In 2024, COP29 must dig itself out of a bigger hole.
Australia has just joined a new coalition at the UN climate talks, one that rules out new coal power in our energy system and promises to encourage others to do the same in the run up to next year’s critical mitigation summit in Brazil. This is a critical step in our country’s energy future, and […] The post Dealer lecturing addicts? Australia backs coal power ban but continues to sell the stuff appeared first on RenewEconomy.
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.
The ballooning energy demands of artificial intelligence (AI) and data centers are driving big plans to potentially triple nuclear power capacity in the U.S. by 2050. From discussions of restarting a reactor at Three Mile Island to the deployment of small modular reactors, data centers need certainty about how they’ll keep pace with data streaming and processing demands at a time when the grid is tapping out.
An international group of authors who developed the science behind net zero demonstrate that relying on 'natural carbon sinks' like forests and oceans to offset ongoing CO2 emissions from fossil fuel use will not actually stop global warming. The science of net zero, developed over 15 years ago, does not include these natural carbon sinks in the definition of net human-induced CO2 emissions.
Riverina Oils , a NSW canola oil producer, has partnered with Australian renewable energy retailer Flow Power to power its operations with solar energy. Flow Power described the new solar installation as its largest behind-the-meter project, adding that it set a new standard for renewable energy use in the manufacturing of Australian products. Located in the agricultural hub of the Riverina region in Bomen, NSW, the plant — which has been operational since 2013 — annually produces over 80,000 to
Net greenhouse gas (GHG) emissions across the EU fell by 8.3% in 2023, according to a new report released by the European Commission, marking one of the largest declines in decades, with the exception of a 9.8% COVID-19-driven drop in 2020 (which was followed by a 4.8% increase the following year), and a significant acceleration from the 3% reduction in 2022.
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
Earlier this year, builders completed what might seem like a standard high-rise in Brampton, Ontario, a rapidly growing suburb of Toronto. Dubbed Uniti , the project is a purpose-built rental apartment building with 302 units next to a commuter rail station. But what makes this development – which includes 12 deeply affordable apartments to be operated by a local non-profit – unusual is that it is hooked into a geo-exchange system.
South Australia flags new mechanism to underwrite gas generators to ensure it has enough back up for its net 100 per cent renewables target, putting it at odds with federal plan that excludes fossil fuels. The post South Australia may underwrite gas generators in new plan to back up 100 pct net renewables target appeared first on RenewEconomy.
NEW YORK, November 21, 2024 /3BL/ - The International WELL Building Institute (IWBI) is proud to host its inaugural Social Sustainability Summit in New York City on December 13. To be held at Citi’s WELL Certified headquarters, this groundbreaking, full-day event will be IWBI’s first-ever conference dedicated to driving the future of social sustainability.
Hydrogen, a promising fuel, has extensive applications in many sectors. However, its safe and widespread use necessitates reliable sensing methods. While tunable diode laser absorption spectroscopy (TDLAS) has proved to be an effective gas sensing method, detecting hydrogen using TDLAS is difficult due to its weak light absorption property in the infrared region.
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.
Environmental NGO WRAP is using COP29 to highlight the need for countries to include food loss and waste in their Nationally Determined Contributions (NDCs). A new report shows that, of the 195 countries attending COP29, only 12 have committed to reducing food waste and just 17 to tackling food loss. In total, 24 countries (12%) commit to reducing food loss and/or waste while 88% attending the global climate conference have made no commitments to address either so far in their NDCs.
Following two weeks of intensive negotiations, the COP29 climate conference in Baku, Azerbaijan ended with an agreement to triple climate change-related finance flows to developing nations to $300 billion annually over the next decade, and with significant progress towards the development of international carbon markets. Despite the steps taken at the conference, however, the climate finance goal was criticized sharply as being insufficient by developing nations, with India’s representative sayi
More than 1,700 oil, gas and coal lobbyists are registered attendees of this year’s international climate summit, currently underway in Baku, Azerbaijan, to try to persuade the world that the fossil fuel industry can be part of the climate solution. The PR companies that help them sell that message are not far behind. Dozens of the consultants registered for the two-week conference, called COP29, come from 10 public relations agencies that work with oil giants such as Saudi Aramco, ExxonMobil, a
Updated: Australia's newest and biggest battery makes a surprise intervention on the grid as the market operator marshalled resources to keep the lights on in NSW. The post Australia’s newest and biggest battery charged with surprise role in keeping lights on in NSW heatwave appeared first on RenewEconomy.
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
Clorox’s environmental, social and governance goals are integrated into our IGNITE strategy because we believe they create value for our company, brands, people and communities. We’ve focused on areas where we can make the biggest impact, and much of our progress is realized through the work of our purpose-driven brands. Helping communities in need is an integral part of Clorox’s purpose to champion people to be well and thrive, and Brita’s efforts to champion access to filtered drinking water i
Computer science researchers have developed a new crowdsourcing system that dramatically slashes wildfire mapping time from hours to seconds using a network of low-cost mobile phones mounted on properties in high fire threat areas. In computer simulations, the system, FireLoc, detected blazes igniting up to 3,000 feet away and successfully mapped wilderness fires to within 180 feet of their origin.
Ahead of COP29, report calls for systemic risks of climate change to be viewed through both real economy and financial sector lens. Climate-related systemic risk will not be properly reflected by financial markets until governments ensure both real economy and financial sector policies support climate alignment, recent research suggests. Speaking at a webinar discussing research conducted by the Organisation for Economic Co-operation and Development (OECD), Thomas Tayler, Head of Climate Fi
Swedish green iron and steel maker Stegra (formerly H2 Green Steel) announced that it has signed a long-term power purchase agreement (PPA) with German low-carbon power producer Uniper for a yearly supply of electricity produced over the 6-year period ranging from 2027-2032, covering a total of 6 TWh (terawatt hours). Founded in 2020, Stegra is developing its flagship green steel plant in Boden, Sweden, with the project including a giga-scale green hydrogen plant as an integrated part of the ste
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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