January, 2024

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Greening grid muscles out fossil fuels, pushes down power prices

Renew Economy

Record low coal and gas generation pushed wholesale electricity prices lower in the last quarter of 2023, as every region of the country notched up new solar output records. The post Greening grid muscles out fossil fuels, pushes down power prices appeared first on RenewEconomy.

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There’s nothing conservative about turning our backs on nature

Corporate Knights

Corporate Knights reached out to conservatives in Canada , the U.S. and the U.K. who are hoping to steer their parties toward a more sustainable future. We asked all three the same question: what is your prescription for green conservatives? Read our introduction here. In 2006, David Cameron, then leader of the Conservative Opposition, travelled to the Arctic to be photographed “hugging a husky.

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How Wells Fargo is slashing HVAC energy use more than 70% with a simple building retrofit

GreenBiz

Wells Fargo was an early investor in Turntide Technologies, which makes switched reluctance motors that drive down energy consumption for HVAC systems by an average of 64%.

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A different high-growth story: The unique challenges of climate tech

McKinsey Sustainabilty

Capital-intensive, sustainable businesses offer growth on a scale achieved by technology juggernauts of recent decades. But they face a different set of challenges. Here’s how they can overcome them.

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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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Evolution might stop humans from solving climate change

Science Daily / Earth & Environment

Human culture has evolved to allow humans to extract resources and helped us expand to dominate the biosphere. But the same evolutionary processes may counteract efforts to solve new global environmental threats like climate change, according to a new study. Tackling the climate crisis will require worldwide regulatory, technical and economic systems supported by strong global cooperation.

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Air pollution and trees study overturns “rough and hairy is good” dictum

Envirotec Magazine

Surrey researcher Yendle Barwise assembling one of the pollution monitors. If you’re trying to take pollution out of the air, choose evergreen trees with smaller leaves. That’s according to a new study from the University of Surrey. Researchers from Surrey’s Global Centre for Clean Air Research (GCARE) tested ten trees beside a busy main road.

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Ralph Nader shares the secrets to success of 'rebel' CEOs

Corporate Knights

Throughout much of his career, Ralph Nader has railed against those in the corporate world responsible for hurting people and the planet. The former Green Party candidate for U.S. president and legendary consumer advocate has spent decades holding various industries to account for malfeasance. But in his latest book, Nader has taken a different tack.

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Intel is using hot water to cut natural gas use in its factories

GreenBiz

Industrial heat recovery is an untapped opportunity that could save an estimated $152.5 billion in annual energy costs globally.

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Global Economics Intelligence executive summary, December 2023

McKinsey Sustainabilty

2024 looks uncertain: inflation has come down but long-term interest rates remain high; retail sales are relatively stable; manufacturing continues to contract; geopolitical concerns are on the rise.

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Bottled water can contain hundreds of thousands of previously uncounted tiny plastic bits

Science Daily / Earth & Environment

In recent years, there has been rising concern that tiny particles known as microplastics are showing up basically everywhere on Earth, from polar ice to soil, drinking water and food. Formed when plastics break down into progressively smaller bits, these particles are being consumed by humans and other creatures, with unknown potential health and ecosystem effects.

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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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Increasing number of local authorities require over 10% Biodiversity Net Gain

Envirotec Magazine

In advance of the statutory requirement for biodiversity net gain (BNG) for new developments from January 2024, new research appears to reveal a gradual increase in the number requesting in excess of the 10% biodiversity net gain. Law firm Carter Jonas conducted the research, analysing the emergence of BNG policies and guidance within local planning authorities (LPAs) in a series of research from spring 2022.

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Cost of UK’s flagship nuclear project blows out to more than $A92 billion

Renew Economy

Cost of UK's flagship nuclear project blows out again, this time to a potential $A92 billion. Is the Australian Coalition still pushing this technology? The post Cost of UK’s flagship nuclear project blows out to more than $A92 billion appeared first on RenewEconomy.

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The Positives and Negatives of Tipping Points  

Chris Hall

A growing body of research warns that the financial sector is underestimating the risks of Earth’s system tipping points – how should it respond? The gap between the science of climate change and the emerging tools aimed at helping the financial sector manage concomitant risks is the subject of intensifying debate. Last July, ‘The Emperor’s New Climate Scenarios – a warning for the financial services’, published by the Institute and Faculty of Actuaries (IFoA) in collaboration with the Univ

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Why you shouldn't go net zero this year

GreenBiz

Sponsored: You want to move the needle on climate change? Stop trying to achieve net zero.

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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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What to expect in US healthcare in 2024 and beyond

McKinsey Sustainabilty

A new perspective on how technology, transformation efforts, and other changes have affected payers, health systems, healthcare services and technology, and pharmacy services.

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Trees struggle to 'breathe' as climate warms

Science Daily / Earth & Environment

Trees are struggling to sequester heat-trapping carbon dioxide (CO2) in warmer, drier climates, meaning that they may no longer serve as a solution for offsetting humanity's carbon footprint as the planet continues to warm, according to a new study.

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Instead of Carbon Offsets, We Need ‘Contributions’ to Forests

Stanford Social Innovation

By Libby Blanchard , William R.L. Anderegg & Barbara K. Haya Over a billion dollars have been spent on forest and land use carbon credits to “offset” emissions. These offsets have been heralded as a means of protecting and growing the world’s remaining forests, and of addressing climate change. But offsets aren’t delivering. Recent high-profile studies estimated that only six percent of tropical forest carbon credits represent real emission reductions, adding to the drumbeat of scientific ar

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Nuclear goes backwards, again, as wind and solar enjoy another year of record growth

Renew Economy

Nuclear power went backwards last year despite the renaissance hype. Meanwhile, renewables enjoyed record growth and within two years both wind and solar will overtake nuclear. The post Nuclear goes backwards, again, as wind and solar enjoy another year of record growth appeared first on RenewEconomy.

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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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GRI Launches New Biodiversity Reporting Standard

ESG Today

The Global Reporting Initiative (GRI), one of the leading organizations promoting standardized ESG reporting, announced today the publication today of “GRI 101: Biodiversity 2024,” a major update to its Biodiversity Standard, aimed at enabling companies to publicly disclose on their most significant biodiversity impacts, and how they are managed. The new reporting standard comes as businesses and financial institutions increasingly focus on nature and biodiversity risk, and as global efforts to

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France will jail corporate directors who fail to adhere to new CSRD requirements

GreenBiz

No get-out-of-jail-free-card will save companies that don't comply with this new French law.

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Travel Disruptors: Capturing B2B growth

McKinsey Sustainabilty

Expedia Group powers many other companies’ travel interfaces and inventories. Ariane Gorin, president of Expedia for Business, outlines the elements of a great corporate partnership.

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Conflict in full swing: Forest bats avoid large areas around fast-moving wind turbines

Science Daily / Earth & Environment

Not only do many bats die at wind turbines, the turbines also displace some species from their habitats over large areas. When the turbines are in operation at relatively high wind speeds, the activity of bat species that hunt in structurally dense habitats such as forests drops by almost 80 per cent within a radius of 80 to 450 meters around the turbine.

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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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Segregation Helped Build Fortunes. What Does Philanthropy Owe Now?

Stanford Social Innovation

By Claire Dunning In early 1926, Cafritz Construction placed an advertisement in The Washington Post celebrating the speed with which their “Life-time Homes” were selling in the Petworth neighborhood of Washington, DC. Regular readers of the newspaper were likely already familiar with the development thanks to news articles that praised Morris Cafritz’s “vision and courage” and a constant stream of advertisements bringing his over 3,000 new units to market.

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Solar farms and native grasses create pollinator havens and boost biodiversity, study funds

Renew Economy

Solar farms can play a significant role in restoring insect habitats that could mitigate ongoing conflicts over farming land use change. The post Solar farms and native grasses create pollinator havens and boost biodiversity, study funds appeared first on RenewEconomy.

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Standard Biocarbon Raises $5 Million to Launch U.S. Biochar Carbon Capture Facility

ESG Today

Sustainable infrastructure capital provider Nexus Development Capital announced a $5 million investment in carbon removal startup Standard Biocarbon, aimed at supporting the development and scaling of its new biochar production facility. Biochar, or biological charcoal, is produced by heating biomass, such as forest residue, wood or crop waste, in the absence of oxygen, creating a stable form of carbon, which when buried in soil enables centuries-long carbon sequestration, in addition to leading

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BlackRock cuts 600 staff as asset managers defend profit margins

Financial Times: Moral Money

Fink and Kapito say headcount will increase this year as firm invests in technology and new offerings

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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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How CEOs can mitigate compounding risks

McKinsey Sustainabilty

When risks combine, the cumulative impact can have existential consequences. But leaders can prevent compounding risks from sneaking up on them by adapting risk processes to manage multiple threats.

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Acidity of Antarctic waters could double by century's end, threatening biodiversity

Science Daily / Earth & Environment

Without drastically reducing global emissions, the Antarctic Ocean could become too acidic for hundreds of species living there, many already endangered by rising temperatures and sea ice loss.

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How Organizations Build Trust

Stanford Social Innovation

By Kristen Grimm , Claire de Leon , Michael Crawford & Diana Chun Trust for institutions across society is declining. This is not a theory but a fact, affirmed by leading experts like the Edelman Trust Barometer , Gallup , and General Social Survey by NORC at the University of Chicago. This growing trust deficit is a serious problem. It erodes a high-functioning pluralistic democracy , compromises public health, and makes it impossible to solve collective problems like climate change.

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Big boon for US solar supply chain as Microsoft places 12GW module order

Renew Economy

Microsoft places huge solar order with QCells designed to drive large-scale production of US-made PV modules. The post Big boon for US solar supply chain as Microsoft places 12GW module order appeared first on RenewEconomy.

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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.