Sat.Nov 09, 2024 - Fri.Nov 15, 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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China floats its first gigawatt scale offshore solar park, and completes 3GW PV project at old coal mine

Renew Economy

Chinese company completes world’s second-largest solar facility, a 3 GW PV farm built on an old cold mine, and starts first generation from the world's first gigawatt scale floating solar project. The post China floats its first gigawatt scale offshore solar park, and completes 3GW PV project at old coal mine appeared first on RenewEconomy.

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An authoratarian petrostate takes centre stage as COP29 host

Corporate Knights

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.

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Mary Kay’s Global Commitment to Advancing Women’s Entrepreneurship and Leadership

3BL Media

Originally published in Mary Kay's 2024 Sustainability Report In 2019, Mary Kay joined forces with six United Nations agencies to form a groundbreaking multi-stakeholder partnership: the Women’s Entrepreneurship Accelerator also known as “WEA” with a mission focused on alleviating the barriers to women’s entrepreneurship. Learn more. IMPACT OF THE WOMEN’S ENTREPRENEURSHIP ACCELERATOR Since the launch, WEA has engaged: 600,000+ WOMEN through 32 programs, trainings and activities and sensitized ov

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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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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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Australian wind and solar project sized at remarkable 70 gigawatts – as big as the country’s main grid

Renew Economy

A proposed wind and solar green hydrogen hub in Western Australia will match the country's entire main grid in terms of capacity. Will it get environmental approvals? The post Australian wind and solar project sized at remarkable 70 gigawatts – as big as the country’s main grid appeared first on RenewEconomy.

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Cascale, Worldly Publish Analysis on California’s Climate Laws

3BL Media

AMSTERDAM, HONG KONG, and OAKLAND, Calif., November 13, 2024 /3BL/ - Cascale (formerly the Sustainable Apparel Coalition), the global nonprofit alliance for the consumer goods industry, and Worldly, the planet’s most comprehensive sustainability data insights platform, have published an analysis of California’s new climate laws, which are set to reshape corporate environmental reporting in the United States.

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A proactive approach to navigating geopolitics is essential to thrive

McKinsey Sustainabilty

Business leaders must go beyond mitigating geopolitical risks to seizing the opportunities presented by the new world order. Here’s how.

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Rooftop solar delivers 80 pct share of generation in landmark moment in world’s biggest isolated grid

Renew Economy

Rooftop solar meets more than 80 per cent of generation in landmark moment in W.A., which hosts the world's largest isolated grid. The post Rooftop solar delivers 80 pct share of generation in landmark moment in world’s biggest isolated grid appeared first on RenewEconomy.

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NitroVolt Raises €3.5 Million to Produce Green Fertilizers for Farmers

ESG Today

Agriculture sustainability-focused startup NitroVolt announced that it has raised €3.5 million euros (USD$3.7 million) in seed funding, with proceeds to be used to help to commercialize its system for producing ammonia for farmers with a minimal carbon impact. Ammonia is used extensively in a number of areas, especially agriculture as a key ingredient in nitrogen fertilizers.

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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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Tech Neutrality Is the Growth Path Into the Next Era of Smarter, Cleaner Power

3BL Media

Cummins The industries Cummins Inc. powers play a critical role in impacting climate change. We have the opportunity and responsibility to leverage our expertise to develop sustainable solutions that enable our customers’ success, positively impact our communities and protect our planet for future generations. The greatest opportunity Cummins has to meet our environmental goals is by continuing to execute Destination Zero , our commitment to sustainability and helping our customers navigate the

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Harnessing AI to reshape consumer experiences in healthcare

McKinsey Sustainabilty

AI-powered solutions can unlock insights from previously inaccessible data and enable consumer engagement and personalization at an unprecedented scale, in turn lifting healthcare business outcomes.

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It took 68 years for the world to reach 1 terawatt of solar PV capacity. It took just two years to double it

Renew Economy

Global solar PV capacity has reached 2 terawatts, and is forecast to quadruple by 2030. The post It took 68 years for the world to reach 1 terawatt of solar PV capacity. It took just two years to double it appeared first on RenewEconomy.

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EU Lawmakers Agree to Delay, Ease Law Banning Deforestation-Linked Products

ESG Today

Lawmakers in the European Parliament voted 371 to 240 to a one-year delay and amendments to alter the EU Deforestation Regulation (EUDR), a new law aimed at ensuring that products imported to or exported from EU markets no longer contribute to deforestation and forest degradation globally, which was set to apply to from the end of this year, beginning with large companies.

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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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How CNH’s Electric Mini Excavators Are Helping Denmark Reach Its Carbon Emissions Targets: ‘A Sustainable Year’ Story

3BL Media

Read the eighth installment of ‘A Sustainable Year’ to look at how New Holland Construction , a brand of CNH , is playing a role in helping Denmark move closer to its carbon emissions targets. Claus Egede Cornelius, program director at Roskilde Technical School, Vilvorde speaks about how electric mini excavators are being used to give Danish landscaping and construction students the skills they will need on future construction sites.

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What are AI guardrails?

McKinsey Sustainabilty

AI guardrails help ensure that an organization’s AI tools, and their application in the business, reflect the organization’s standards, policies, and values.

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Australia’s biggest ever battery storage tender to open this week

Renew Economy

The biggest battery storage tender to be held in Australia will open this week, with more than 4 GW and 16 GWh sought. The post Australia’s biggest ever battery storage tender to open this week appeared first on RenewEconomy.

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General Galactic Raises $8 Million to Turn CO2 into Clean Fuel

ESG Today

California-based General Galactic, which is developing methods to generate fossil-free energy, announced that it has raised $8 million in seed funding, bringing total investment in the company to $10 million. Founded in 2023 by former SpaceX and Varda Space Industries engineers Halen Mattison and Luke Neise, General Galactic is developing a modular hardware platform that captures CO2 and converts it into 100% renewable, synthetic hydrocarbon fuel, that is directly compatible with existing energy

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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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Mass. Climate, Cleantech Legislation Will Accelerate Clean Energy Buildout

3BL Media

November 15, 2024 /3BL/ - Ceres applauds the final passage of two important bills that will bolster Massachusetts’ role as a climate and clean energy leader while supporting the state economy. The Massachusetts omnibus climate bill includes essential reforms to state permitting and siting procedures to responsibly accelerate the buildout of clean energy infrastructure while boosting investment into clean power, transportation, and buildings.

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Improving organizational health in the public sector: Achieving tangible impact

McKinsey Sustainabilty

Governments often face more constraints in meeting their objectives than most private sector companies do. Adopting practices that enhance organizational health can help.

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Batteries come of age, and are now doing the heavy lifting around the solar duck

Renew Economy

Falling costs and rapidly increasing scale means that big batteries are doing the heavy lifting at crucial points for the grid, particularly around the solar duck curve. The post Batteries come of age, and are now doing the heavy lifting around the solar duck appeared first on RenewEconomy.

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Use of Employee Incentives to Hit Climate Goals More than Doubles Over Past Year: Accenture

ESG Today

The world’s largest companies are ramping their use of a wide range of levers to hit their climate goals, with nearly nine out of ten turning to energy efficiency and waste reduction measures, and the use of key decarbonization tools such as employee incentives and material sourcing rising dramatically over the past year, according to a new study released by global professional services firm Accenture.

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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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During COP29, Action Against Hunger Fights for Climate Resilience

3BL Media

The climate crisis grows more dire by the day. On our current path, it’s estimated that by 2041: Climate change will cut all crop yields in half , impacting crops like rice, wheat, potatoes, corn, and more. 3.9 billion people will face deathly heat waves, 400 million people will be unable to work 700 million more people will be exposed to drought risk 10 million more people will die every year, including from natural disasters like drought Over 525 million people could face climate-induced hunge

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Breakthrough in capturing 'hot' CO2 from industrial exhaust

Science Daily / Earth & Environment

Capturing carbon dioxide from the hot industrial exhaust of cement and steel plants requires cooling the exhaust from around 200 C to 60 C so that liquid amines can react with the CO2. Chemists have now created a new type of metal-organic framework that captures CO2 at high temperatures, avoiding the need to expend energy and water to cool the exhaust.

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Huge solar farm farm and big battery project gets IPC approval in New England, despite food concerns

Renew Economy

A huge solar and battery project near Tamworth gets IPC approval despite Barnaby Joyce putting out a call for objections. The post Huge solar farm farm and big battery project gets IPC approval in New England, despite food concerns appeared first on RenewEconomy.

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GenZero, Trafigura Invest Over $100 Million in Nature Restoration Carbon Removal Project in Colombia

ESG Today

Temasek-owned decarbonization solutions-focused investment platform GenZero and global commodities trading company Trafigura announced today a commitment to invest more than $100 million in Brújula Verde, a nature-based project in Colombia anticipated to produce high-integrity carbon removal credits, by restoring land degraded by intensive agricultural activities and fires.

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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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The Challenge of Greenwashing

3BL Media

As corporations around the world adopt ESG commitments publicly, there is the increasing demand from consumers, investors, regulators and the public for transparency and sustainable practices. When entities claim that their products or services are “sustainable”, “carbon neutral” or “net-zero waste,” are their claims really substantiated? In some cases, these claims are not fully based on facts or substance.

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Secret behind the corpse flower's famous stench

Science Daily / Earth & Environment

A new study on titan arum -- commonly known as the corpse flower for its smell like rotting flesh -- uncovers fundamental genetic pathways and biological mechanisms that produce heat and odorous chemicals when the plant blooms. The study provides insight into the flower's ability to warm up just before blooming through a process known as thermogenesis, an uncommon trait in plants that is not well understood.

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We need to get the cost of wind energy down in Australia – Chinese turbines are the likely answer

Renew Economy

Australia can access all the cheap wind turbines, solar panels, batteries and EVs we want from a willing seller. Let’s not waste the opportunity. The post We need to get the cost of wind energy down in Australia – Chinese turbines are the likely answer appeared first on RenewEconomy.

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IKEA Invests $1.6 Billion to Decarbonize Heating and Cooling of Stores

ESG Today

IKEA parent INGKA Group announced that it is committing €1.5 billion (USD$1.6 billion) towards the acceleration of the phasing out of the use of fossil fuels for heating and cooling its stores, with investments in energy efficiency improvements and renewable heating and cooling technology. According to INGKA Group, the new investments will contribute towards the company’s target to reduce its climate footprint from operations by 85% by 2030, and forms part of its commitment to decarbonize its op

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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.