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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.
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.
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
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.
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
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.
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.
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
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
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
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.
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.
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.
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
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.
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.
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.
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
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.
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.
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.
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.
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.
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
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.
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.
A simple, highly efficient, inexpensive, and environmentally friendly process could provide a viable pathway for the sustainable recycling of depleted lithium-ion batteries (LIBs): No chemicals beyond citric acid need to be added to leach out and separate over 99 % of the lithium, nickel, cobalt, and manganese metals contained in NCM batteries. The resulting recycled material can be directly converted into NCM electrodes, reports a research team.
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
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.
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.
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.
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.
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.
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
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.
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.
Plastics are inescapable in our daily lives. The vast amounts of plastic garbage heaped in landfills and in the environment, however, are as problematic as the plastics are useful. A research team has now introduced a new method for recycling polystyrene waste. Their efficient electrochemical process uses an inexpensive iron catalyst, produces hydrogen as a byproduct, and can be powered by solar panels.
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
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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