Sat.Apr 15, 2023 - Fri.Apr 21, 2023

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Private equity to play growing role in renewable energy, storage and other cleantech: S&P Global

Utiliity Dive

“This phase of acceleration in the energy transition may be the first major industrial and technology investment cycle that occurs primarily in opaque private markets,” S&P analysts said in a report released Wednesday.

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World’s biggest wind turbine – 15MW – delivers what it says on the label

Renew Economy

New video shows Vestas' massive 15MW offshore wind turbine prototype in action in Denmark after it achieved its nominal power rating earlier this month. The post World’s biggest wind turbine – 15MW – delivers what it says on the label appeared first on RenewEconomy.

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G20 countries fail to match climate pledges with action

Corporate Knights

The world’s 20 largest economies are still not pulling their collective weight when it comes to slashing greenhouse gas emissions. That was one of the central conclusions of Corporate Knights’ latest Earth Index * analysis, which found that G20 countries as a whole were not on track to meet their stated reduction targets from 2020 to 2021. The Earth Index revealed that the G20 actually saw emissions rise during this period by 23% of the reduction needed to meet their stated climate goals – a gla

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Are companies ghosting the planet on climate policy?

GreenBiz

It’s past time for businesses to buckle up, lean in, and loudly and vigorously support bold equitable climate policy. This is the moment to show up.

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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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Over 70% of Businesses View ESG as a Revenue Enabler: IBM Study

ESG Today

The argument that ESG harms profitability is “more than a myth—it’s misinformation that leads to poor business decision-making,” according to a new study released by IBM, which found that more than 70% of executives view ESG as a revenue enabler, and that consumers increasingly focus on companies’ sustainability performance when making purchasing and employment decisions.

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Drastic climate action is the best course for economic growth, new study finds

Renew Economy

New study adds to growing body of evidence that the economic benefits of climate action outweigh the costs. The post Drastic climate action is the best course for economic growth, new study finds appeared first on RenewEconomy.

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The link between business value creation and ESG

GreenBiz

A new report from Bain & Co. and EcoVadis connects sound ESG management across supply chains with better margins.

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Hong Kong Exchange to Require Climate Reporting from All Issuers Beginning 2024

ESG Today

All issuers listed on the Stock Exchange of Hong Kong will be required to provide climate-related disclosures aligned with the International Sustainability Standards Board’s (ISSB) upcoming Climate Standard , according to a new proposal released by the exchange, with the new rules anticipated to take effect for financial periods beginning January 1, 2024.

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“Lowest cost power in the world:” Sims signs on to fight green energy info war

Renew Economy

Rod Sims has emerged as a champion of Australia's green energy transition, hailing its wind and solar as lowest cost power in the world and vowing to fight the info wars. The post “Lowest cost power in the world:” Sims signs on to fight green energy info war appeared first on RenewEconomy.

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The hunt for the world's most sustainable cities

Corporate Knights

Stockholm’s green public spaces helped earn it top spot. Photo by Aliaksandr Antanovich SKIP TO RANKING How do you reduce a city to a score? It’s hard enough for judges when ranking freestyle snowboarders or the best takeout Thai food. With cities, the task is inherently more complex, but it’s pressingly relevant to try since more than half of humanity depends on a city for health, safety and prosperity.

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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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Bloom 23 and the growing business of biodiversity

GreenBiz

Welcome to the growing world of business and biodiversity, where nature truly meets the bottom line.

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ESG Tied to Stronger Growth and Profitability, Bain and EcoVadis Study Finds

ESG Today

ESG activities correlate positively with stronger financial performance, according to a new study released by global management consultancy Bain & Company and sustainability ratings provider EcoVadis, with apparent benefits including faster revenue growth and stronger margins. For the study, “Do ESG Efforts Create Value?,” assessed the impact of ESG activities on 100,000 companies tracked by EcoVadis, examining how activities such as setting ESG targets, tracking results, embedding sustainab

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How Germany is driving the electrification of home heating – and beating out gas

Renew Economy

A rapid rise in reduced power tariff offerings reserved for load-controllable heat pumps has sent their operating costs up to a third lower than gas heating. The post How Germany is driving the electrification of home heating – and beating out gas appeared first on RenewEconomy.

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What is business transformation?

McKinsey Sustainabilty

Business transformations are designed to boost overall performance through increased revenue, lower operating costs, and better customer satisfaction and workforce productivity.

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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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With its PRO 2023 release, Zigbee tries to stay relevant

Stacey Higginbotham

The Connectivity Standards Alliance (CSA) has released a new version of the Zigbee standard called Zigbee PRO 2023 with a stated focus on security. But looking deeper at the proposed changes to the low-power wireless mesh, I see an effort to keep Zigbee relevant by giving it a longer range, beefier security, and a roundabout way to allow Zigbee devices to connect with phones for onboarding and control.

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ECB: Banks Not Ready for Climate Disclosure Rules Taking Effect this Year

ESG Today

The European Central Bank (ECB) announced today the publication of its review of EU banks’ climate and environmental risk disclosure practices, indicating that while reporting has improved over the past year, very few banks are prepared to meet regulatory disclosure requirements set to take effect this year. The assessment, covering 103 significant banks under the direct supervision of the ECB, and 28 other institutions supervised by national authorities, found that banks have significantly impr

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Batteries battle with spinning machines for key role in 100 pct renewables grid

Renew Economy

Tesla says big batteries can deliver system strength services around one third cheaper than spinning machines currently favoured by network companies. The post Batteries battle with spinning machines for key role in 100 pct renewables grid appeared first on RenewEconomy.

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Toyota to Forge Ahead With Hydrogen Cars But Still Focuses on EVs

Environment + Energy Leader

Global policymakers recognize hydrogen fuel cell cars for their zero emissions. And they can run much further than EVs before refueling is required — a process that takes just 10 minutes instead of 45 minutes. The post Toyota to Forge Ahead With Hydrogen Cars But Still Focuses on EVs appeared first on Environment + Energy Leader.

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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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The inside story of ChatGPT's astonishing potential | Greg Brockman

TEDxInnovations

In a talk from the cutting edge of technology, OpenAI cofounder Greg Brockman explores the underlying design principles of ChatGPT and demos some mind-blowing new plug-ins for the chatbot that sent shockwaves across the world. After the talk, head of TED Chris Anderson joins Brockman to dig into the timeline of ChatGPT's development and get Brockman's take on the risks, raised by many in the tech industry and beyond, of releasing such a powerful tool into the world.

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G7 Ministers Urge Implementation of Mandatory Climate Disclosure

ESG Today

G7 climate and environment ministers are urging the implementation of mandatory climate-related financial disclosures as a necessary step to accelerate sustainable finance and help achieve global climate goals, according to the communique released by the ministers following the G7 Ministers’ Meeting on Climate, Energy and Environment in Sapporo, Japan this weekend.

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Chinchilla big battery takes shape next to country’s biggest coal unit

Renew Economy

A timelapse video shows the 100MW/200MWh Chinchilla battery taking shape in Kogan Creek, next to the coal generator of the same name. The post Chinchilla big battery takes shape next to country’s biggest coal unit appeared first on RenewEconomy.

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Green growth: Unlocking sustainability opportunities for retail banks

McKinsey Sustainabilty

A recent McKinsey survey shows broad, unmet consumer demand for climate-linked financial products—but will financial institutions provide the education consumers require and the differentiated offerings needed to win this space?

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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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America’s Top 10 Companies for Environmental Performance in 2023

Just Capital

(Billy Hustace/Getty Images) The “E” in ESG remains a core focus for corporate leaders – along with regulators and lawmakers. Some state and federal legislators continue to challenge companies’ environmental actions. At the same time, companies are grappling with new sustainability disclosure requirements coming out of the EU and what’s to come from the SEC ‘ s rule on climate-related disclosures.

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H2 Green Steel Announces €250 Million Supply Agreement for Low Carbon Steel

ESG Today

Decarbonized steel startup H2 Green Steel announced today that has secured a supply agreement worth more than €250 million for the delivery of low carbon footprint steel with BILSTEIN GROUP, a Germany-based producer of cold rolled steel strip for automotive, tooling and furnishings sector customers. BILSTEIN was also an early investor in H2 Green Steel.

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Banks committed to net zero fund “Australia’s dirtiest” offshore gas project, report finds

Renew Economy

Betting on a sinking ship: Nine banks provide key backing for massive and controversial offshore gas reservoir in Timor Sea – despite most pledging net zero targets. The post Banks committed to net zero fund “Australia’s dirtiest” offshore gas project, report finds appeared first on RenewEconomy.

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Cracking the code on digital talent

McKinsey Sustainabilty

Even with recent industry layoffs, the tech talent shortage shows few signs of abating. To attract this critical segment, it’s important to understand what they want (hint: it’s not just compensation).

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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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Green day unravelled: Pundits respond to policy package

Envirotec Magazine

An apocalyptic “meh” seemed to greet the government’s bumper package of energy- and climate-related policy announcements and documents released on 30 March, which appeared short on new ideas and sources of funding. Cynics made some mileage from the almost The Thick Of It -style title juggling, with the event undergoing a hasty re-christening from “green day” to “energy security day” (as Carbon Brief noted ), as it became clear that future oil and gas exploration remained a key component of the g

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Holcim Launches Circular Construction Platform

ESG Today

Leading building materials company Holcim announced today the launch of ECOCycle, a new circular technology platform aimed at recycling construction demolition materials into new building solutions. The company said that it will deploy the technology across its range of materials solutions to scale up circular construction and reduce use of natural resources.

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One of Australia’s oldest wind farms gets makeover and a new 15-year lease on life

Renew Economy

One of Australia's oldest wind farms, a two-turbine project that has slashed diesel use on a remote Queensland island, is having a makeover. The post One of Australia’s oldest wind farms gets makeover and a new 15-year lease on life appeared first on RenewEconomy.

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Why Solar Needs to Be in Your ESG Plan

Environment + Energy Leader

By installing solar panels plus battery storage, small businesses can generate their own electricity, reducing their dependence on the grid and increasing their energy independence. The post Why Solar Needs to Be in Your ESG Plan appeared first on Environment + Energy Leader.

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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.