November, 2024

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SEC Fines Invesco $17.5 Million for Misleading ESG Investing Claims

ESG Today

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.

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Canada’s plan to phase out animal testing suffers a setback

Corporate Knights

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.

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Clean Tech’s Growing Pains: Meeting Supply-Chain Demands Sustainably

3BL Media

The race to meet global clean energy targets is on, and the supply chains supporting this shift are feeling the pressure. With the International Energy Agency (IEA) predicting that 2,400 gigawatts of clean energy will be deployed between 2022 and 2027, the stakes couldn’t be higher. Alongside rapidly growing demand for renewable energy products like solar panels, wind turbines, and electric vehicle (EV) batteries, supply chains face scrutiny for both their efficiency and their environmental impa

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Four global policies could eliminate more than 90% of plastic waste and 30% of linked carbon emissions by 2050

Science Daily / Earth & Environment

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

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Precision in Motion: Why Process Optimization Is the Future of Manufacturing

Speaker: Jason Chester, Director, Product Management

In today’s manufacturing landscape, staying competitive means moving beyond reactive quality checks and toward real-time, data-driven process control. But what does true manufacturing process optimization look like—and why is it more urgent now than ever? Join Jason Chester in this new, thought-provoking session on how modern manufacturers are rethinking quality operations from the ground up.

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Tesla Megapacks arrive as former coal site transforms into big Queensland battery

Renew Economy

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.

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COP29 Deal Can Unlock Public and Private Climate Finance

Chris Hall

Transformation and innovation are needed in the financial system to make good on Baku agreement, says Ben Taylor, Partner, Climate Change and Sustainability Services at EY. As with all recent climate summits, COP29 made significant progress in some areas, while seeming to stall in others, with no initiatives advanced without significant effort and collaboration.

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Alberta's conservative party invites climate disinformation into policy debate

Corporate Knights

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

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SAIC Advances Environmental Stewardship with GHG Reduction, Energy Conservation, and Sustainable Practices

3BL Media

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.

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Could crowdsourcing hold the key to early wildfire detection?

Science Daily / Earth & Environment

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.

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Milestone: World’s biggest isolated grid hits new wind and solar penetration record of 85.7 pct

Renew Economy

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.

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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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How to Re-establish the UK’s Lead on Climate Change

Chris Hall

Former chair of the Committee on Climate Change Lord Deben believes the country can get back on track to net zero and regain its status as a global leader. When Glasgow hosted COP26 in 2021, bringing together 120 world leaders and more than 40,000 participants, the UK was seen as a world leader in the battle against climate change. Two years earlier, then prime minister Theresa May had positioned the country at the forefront of the sustainability agenda as the first major economy to pass a net z

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ESG Today: Week in Review

ESG Today

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

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Who are the top PR firms greenwashing Big Oil at COP29?

Corporate Knights

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

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Understanding VOC Emissions: Importance of Reduction and Cummins’ Progress

3BL Media

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.

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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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70% of ocean microplastics are the type found in clothes, textiles and fishing gear – and Europe is a hotspot

Envirotec Magazine

Ocean microplastic concentrations from water samples captured by sailors during The Ocean Race 2022-23 Three of the world’s top five hotspots for marine microplastic pollution are in Europe, according to new data collected by sailors and teams competing in The Ocean Race. During the global sailing competition last year, water samples were collected from the Atlantic Ocean, southern Indian and Pacific Oceans, the Southern Ocean, and in seas around Europe1.

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Climate change and air pollution could risk 30 million lives annually by 2100

Science Daily / Earth & Environment

Mortality attributable to air pollution and extreme temperatures is a major concern, and it is expected to heighten in the future. An international research team found that, under the most probable projection, annual mortality rates linked to air pollution and extreme temperatures could reach 30 million by the end of the century. The research, based on advanced numerical simulations, suggests a concerning trend: pollution-related deaths are expected to increase five-fold, while temperature-relat

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Holistic Approach Can Close the Biodiversity Funding Gap

Chris Hall

Financing the goals of the Global Biodiversity Framework requires collective action, according to Samantha Deacon, Global Lead in Biodiversity and Ecosystems at Ramboll. Launched under the banner of ‘making peace with nature’ – COP16 is now drawing to its conclusion, with the international biodiversity community of policymakers, scientists, Indigenous Peoples, businesses and financial institutions awaiting landmark agreements and consensus on: the use of metrics and indicators for measuring

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ESG Today: Week in Review

ESG Today

This week in ESG news: Canada to require oil & gas industry to slash emissions; California’s climate reporting law survives legal challenge; Mizuho invests in climate solutions provider Pollination; new clean energy deals signed by H&M, Meta, Saint-Gobain; incoming EU finance Commissioner calls for sustainable investment labels, reduced SFDR reporting burden; UAE to invest $54 billion in clean energy transition; UK drops greenwashing investigation against Unilever; LA sues Coke and Pepsi

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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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Meet the man most responsible for saving COP29 from irrelevancy

Corporate Knights

Whoever invented the notion of herding cats never imagined the frustrations of guiding 190 nations along the complex path to net-zero. But that’s the mandate of Simon Stiell, the former environment minister of Grenada who is now the United Nations’ climate chief – the man most responsible for achieving the Paris Agreement goal of limiting climate change to 1.5°C by 2030.

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TCS Named Best Corporate Steward by U.S. Chamber of Commerce Foundation for Its Impactful Global CSR Initiatives

3BL Media

WASHINGTON and MUMBAI, India, November 22, 2024 /3BL/ - Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS), a global leader in IT services, consulting, and business solutions, has been recognized by the United States Chamber of Commerce Foundation as the Best Corporate Steward for 2024 in the ‘Large Business’ category. The accolade, part of the Chamber’s 25th Annual Citizens Awards, celebrates TCS’ dedication to corporate social responsibility and community engagement on a global scale.

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Study measures link between chemicals and declining insect populations

Envirotec Magazine

Researchers examined fruit fly larvae from multiple geographic locations, following their developmental time, behaviour, and long-term survival. Measuring exposure to over 1,000 different agrochemicals, researchers reported significant changes in behaviour and long-term survival of different insect populations in a new study (words: European Molecular Biology Laboratory).

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SA cemetery transforms ashes into flowers

Sustainability Matters

By transforming ashes into flowers, South Australia’s Centennial Park is introducing a sustainable living memorial for families to commemorate their loved ones. The cemetery and memorial park will offer this exclusive ecological option via a partnership with living memorial company Living Legacy. The initiative forms part of Centennial Park’s Environmental Sustainability Plan, launched this year.

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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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The Value of Investing in Resilience

Chris Hall

The Environmental Change Institute’s Nicola Ranger reports a sea change in financial institutions’ attitude towards adaptation, which is helping to mobilise investment. Financial institutions’ understanding of climate adaptation has accelerated over the past three years, according to Dr Nicola Ranger, Director of the Global Finance and Economy Group and the Resilient Planet Finance Lab at the Environmental Change Institute (ECI), University of Oxford.

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IAASB Releases New International Sustainability Reporting Assurance Standard

ESG Today

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

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Five ways that sustainable finance can deliver the future that Canadians want

Corporate Knights

Canada is brimming with the potential to meet the aspirations of its citizens. No matter their political affiliations, Canadians overwhelmingly desire a flourishing economy that generates skilled jobs, ensures secure retirements, provides affordable housing and fosters economic opportunities. They seek meaningful reconciliation with Indigenous Peoples, a commitment to preserving nature, and robust protection for their homes and businesses against increasingly severe natural disasters.

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What Could a 40% Reduction in Data Center Energy Use Mean for the Grid?

3BL Media

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.

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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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MOFs can capture benzene, says Manchester study

Envirotec Magazine

When petrol is exposed to air, benzene readily evaporates, contributing to the fumes around petrol stations. A new study shows that metal-organic frameworks (MOFs) can be adapted to capture benzene from the air, offering a potential solution to tackling a major health and environment risk. Led by the University of Manchester, the work shows that this kind of ultra-porous material can be modified to capture and filter out significantly more benzene from the atmosphere than current materials in us

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Dealer lecturing addicts? Australia backs coal power ban but continues to sell the stuff

Renew Economy

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.

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CSIRO's new facility for printed flexible solar techology

Sustainability Matters

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

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Stegra Signs 6 TWh Electricity Deal to Power Green Steel Production

ESG Today

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

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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