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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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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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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Can we live on our planet without destroying it?

Science Daily / Earth & Environment

How much land, water, and other resources does our lifestyle require? And how can we adapt this lifestyle to stay within the limits of what the Earth can give? A new article tackles these questions.

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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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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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Australian coal mine emissions accounting trick could be hiding more than 10 million tonnes a year

Renew Economy

New study assesses the impact of an emissions reporting rule change that enables open cut mines to select how they would like to report their methane pollution. The post Australian coal mine emissions accounting trick could be hiding more than 10 million tonnes a year appeared first on RenewEconomy.

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First amber find on the Antarctic continent

Science Daily / Earth & Environment

Roughly 90 million years ago, climatic conditions in Antarctica were suitable for resin-producing trees. Researchers have now made the southernmost discovery of amber in the world.

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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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Solar farm and four-hour big battery get green light in NSW, after seven years in the pipeline

Renew Economy

Plans to build a 250MW solar farm and four-hour 150 MW battery energy storage system in NSW have been given state approval. The post Solar farm and four-hour big battery get green light in NSW, after seven years in the pipeline appeared first on RenewEconomy.

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How hospitals are partnering with CDFIs to invest in the social determinants of health

Impact Alpha

As nonprofit hospitals shift from volume-based to value-based care, a powerful opportunity emerges to invest in the social determinants of health. Research indicates. The post How hospitals are partnering with CDFIs to invest in the social determinants of health appeared first on ImpactAlpha.

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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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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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Nearly Two-Thirds of Companies not yet Reporting Climate-Related Financial Impact on Financial Statements: EY

ESG Today

Companies globally are only incrementally improving the quality of their climate-related disclosures, with only around a third referencing the climate-related financial impact on their financial statements, and nearly sixty percent not yet disclosing transition plans, according to a new study released by global professional services firm EY. The study also found that to date, most companies’ climate action strategies are focused primarily on reducing emissions from their use of energy, or Scope

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WestWind goes big again, with plans for 1.5GW wind farm and 2,400 MWh battery in NSW

Renew Economy

The originator of the largest onshore wind farm currently underway in Australia has unveiled new plans to build a 1.5 GW project with a massive, four-hour battery in NSW. The post WestWind goes big again, with plans for 1.5GW wind farm and 2,400 MWh battery in NSW appeared first on RenewEconomy.

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Overheard at AVPA: Building Africa’s pipeline of local capital for sustainable economic growth and resilience

Impact Alpha

Political volatility in the US is once again putting African countries on edge about the US’s commitments and support. Donald Trump’s last term. The post Overheard at AVPA: Building Africa’s pipeline of local capital for sustainable economic growth and resilience appeared first on ImpactAlpha.

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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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Backyard birds learn from their new neighbors when moving house

Science Daily / Earth & Environment

Scientists have found a trigger for social learning in wild animals. An experiment on great t**s has pinpointed a single factor --immigration -- that can cause birds to pay close attention to others, leading them to rapidly adopt useful behaviors. The study is the first to provide experimental support of a long-held assumption that immigrants should strategically use social learning.

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Elevating the risk function in insurance: Building a strategic advantage

McKinsey Sustainabilty

Today’s rapidly developing risk landscape demands a new, more nimble approach for insurance companies to assess and respond to risks, a function inherently in their DNA.

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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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Hurricane-damaged vehicles, including EVs, could be a treasure trove for recyclers.

Energy Central

This article by Mark Jensen, CEO of ReElement Technologies Corporation, based in Indiana, concerns the challenges that car owners, communities, insurance companies and recyclers are facing in the aftermath of Hurricanes Helene and Milton. It is particularly relevant to owners of EVs and hybrids, as water is the mortal enemy of any electrical system.

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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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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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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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Graph of the Day: Australia’s biggest battery projects by connection and storage capacity

Renew Economy

Australia's big battery projects are getting very big, with none of the operating batteries making the list of the top 10 by size. The post Graph of the Day: Australia’s biggest battery projects by connection and storage capacity appeared first on RenewEconomy.

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Tozero lands €11 million to extract lithium and other critical materials from waste

Impact Alpha

Tozero launched in Munich two years ago with a low-carbon way to extract lithium from battery waste streams. The “hydrometallurgy” process, which extracts. The post Tozero lands €11 million to extract lithium and other critical materials from waste appeared first on ImpactAlpha.

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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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Recycling batteries with citric acid

Science Daily / Earth & Environment

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.

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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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Cheaper, more reliable, more efficient: It’s time to consider a bottom-up clean energy transition

Renew Economy

Decentralised energy means small is cheaper, more efficient, more reliable and far more resilient. But incumbent utilities don’t want to change their ways, and regulators appear unwilling to change the rules. The post Cheaper, more reliable, more efficient: It’s time to consider a bottom-up clean energy transition appeared first on RenewEconomy.

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The McKinsey Crossword: Avian Similes | No. 206

McKinsey Sustainabilty

Sharpen your problem-solving skills the McKinsey way, with our weekly crossword. Each puzzle is created with the McKinsey audience in mind, and includes a subtle (and sometimes not-so-subtle) business theme for you to find. Answers that are directionally correct may not cut it if you’re looking for a quick win.

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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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Possible to limit climate change to 1.5°C, if EU and 17 other countries go beyond their own targets

Science Daily / Earth & Environment

A new study finds that limiting global warming to 1.5 degrees Celsius is still possible, but some countries require support to meet their climate responsibilities. An 'additional carbon accountability' indicator is introduced, revealing that the EU and 17 other countries must exceed their own current targets to achieve this global goal.

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Guest Post: Collaboration and Inclusivity – the Lessons Baku Should Learn from COP16

ESG Today

By: Sarah Nelson, Global Lead Director for Nature & Biodiversity at KPMG International As we reach the midway point at COP29 in Baku, my colleagues from KPMG are locked in detailed sessions with fellow delegates, leaders and influencers, collaborating and relentlessly focused on trying to achieve consensus and get the results the world so desperately needs.

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The mega battery projects jockeying for position in renewable zones that might be too small

Renew Economy

The scale of project proposals - particularly in battery storage - is dwarfing those already on the grid. But is there enough room in the allocated renewable zones? The post The mega battery projects jockeying for position in renewable zones that might be too small appeared first on RenewEconomy.

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COP29 in Baku: Key Achievements and Goals for Global Climate Action

Energy Central

The 29th Conference of the Parties (COP29) to the United Nations Framework Convention on Climate Change (UNFCCC) is taking place in Baku, Azerbaijan, from November 11 to November 22, 2024. This major climate summit brings together representatives from nearly 200 countries to discuss strategies for tackling climate change. With a focus on finance, adaptation, and.

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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.