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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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Food waste contributes 10% to global emissions but 9 out of 10 countries’ NDCs fail to focus on food waste and loss

Envirotec Magazine

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.

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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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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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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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Vaulted Deep Raises $32 Million to Expand Biomass Carbon Removal and Storage Capacity

ESG Today

Biomass carbon removal and storage (BiCRS) startup Vaulted Deep announced that it has raised $32 million in a Series A funding round, with proceeds aimed at expanding its capacity to deliver durable carbon dioxide removal (CDR) through the geologic sequestration of carbon-filled organic waste. Spun out of injection well-focused waste management company Advantek in 2023, Vaulted Deep sequesters sludgy organic wastes, including biosolids, manure, agricultural, food waste, and paper sludge, and inj

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Using personal care products during and after pregnancy can increase exposure to toxic chemicals

Science Daily / Earth & Environment

For people who are pregnant or nursing, more use of personal care products is associated with higher detectable levels of synthetic chemicals known to have adverse health effects, a new study found. The study found that using personal care products like nail polish, makeup and hair dye while pregnant or lactating is associated with significantly higher levels of per- and polyfluoroalkyl substances, known as PFAS, in blood plasma and breast milk.

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First Photorealistic AI Avatar for People Living With Alzheimer’s and Dementia Launched by Lenovo and Innovations in Dementia

3BL Media

Alzheimer’s Intelligence project demonstrates how smarter AI can empower people and give different communities a voice around future innovation November 13, 2024 /3BL/ - At Lenovo Tech World , Lenovo ™ in collaboration with Innovations in Dementia , launched Alzheimer’s Intelligence, a photorealistic 3D avatar with custom AI based on the lived experiences of people with dementia and Alzheimer’s.

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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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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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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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Announcing CSRHub’s New Alliance with NAEM

CSR Hub

CSRHub is taking the next step toward companies adopting the newly launched ESG Roadmap by collaborating with the National Association for Environmental, Health & Safety and Sustainability (EHS&S) Management (NAEM). NAEM is the largest EHS&S association to offer its members cutting-edge best practices and solutions for the latest EHS&S challenges.

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Paris 2024 Games Sports Equipment and Other Assets Get a Second Life

3BL Media

International Olympic Committee news Almost all of the 1.2 million pieces of the sports equipment used during the Olympic and Paralympic Games Paris 2024 are being given a second life. In addition, other assets – from uniforms and furniture to technological equipment – will have a second life. This means that 90 per cent of the six million pieces of sports equipment and other assets will be reused.

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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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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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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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Low wind output in northern and central Europe causes price spike

Envirotec Magazine

A wind farm in Hesse, Germany. Flagging wind generation has triggered a scramble for power in north and central Europe as prices soar and conventional power is used to fill the gap (story: Montel News). With wind generation in Germany at its lowest level since 2014, the country was producing 700 MW of power from oil-fired units in early November – the country’s highest output in four weeks, according to data from Montel Analytics.

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Celebrating a New Partnership and Cummins’ Commitment to Reforestation

3BL Media

Cummins Cummins Inc. is proud to announce a new partnership with the Arbor Day Foundation , which will support the planting of 315,000 seedlings in the Mississippi River Valley Region and other local community planting opportunities in Cummins locations across North America. The Arbor Day Foundation is a global nonprofit inspiring people to plant, nurture, and celebrate trees.

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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.