By: Alyssa Zucker, Senior Industry Principal, Workiva Many questions lingered after CARB’s much-anticipated first public workshop held on May 29th, 2025, on California’s landmark climate disclosure laws (SB 253 and SB 261), which require large businesses in California to report greenhouse gas (GHG) emissions and climate related risks respectively. Six weeks later, on June 9th 2025, the agency followed up to…

U.S. clean energy developer and producer Sol Systems announced that its has secured a $675 million revolving construction finance facility, aimed at supporting the buildout of a portfolio of solar and storage projects. Founded in 2008, Sol Systems develops, owns and operates clean energy projects across the U.S., with projects spanning 7 GW across 38 states. The company said that…

Chemical company INEOS announced that it has completed a £30 million (USD$40.4 million) investment at its Hull manufacturing site, converting the facility to run on hydrogen instead of natural gas, resulting in a 75% reduction in carbon emissions. Based on the east coast of the UK, the INEOS Acetyls business in Hull is the largest producer of acetic acid, acetic…

Nearly nine out of ten companies view sustainability as a value creation opportunity, expected to drive benefits including higher profitability, revenue growth and improved cost of capital, according to a new survey released by Morgan Stanley, which also found that companies are becoming increasingly adept at quantifying the ROI of sustainability investments, enabling better comparisons to other capital allocation priorities….

This week in ESG news: EU delays new sustainability reporting requirements for large companies; HSBC exits Net Zero Banking Alliance; Microsoft signs one of largest-ever carbon removal deals; UK drops plans for sustainable finance taxonomy; Google signs record clean energy deal with Brookfield; EU watchdog questions Commission’s fast-track approach to Omnibus; ECB says banks are getting better at managing climate…

Energy giant bp announced today an agreement to sell its onshore wind business, bp Wind Energy, to power and energy infrastructure developer and operator LS Power, forming part of bp’s strategy to refocus on growing its oil and gas business. bp Wind Energy’s portfolio includes 10-grid connected wind assets in the U.S. across states including Indiana, Kansas, South Dakota, Colorado,…

ESG-focused software analytics platform provider Datamaran announced the launch of Datamaran Suite, a new platform aimed at enabling companies to manage their ESG strategies, with capabilities including benchmarking sustainability disclosures to industry peers, and setting evidence-based targets. Datamaran said that the new platform was built on the foundation of the recently launched Datamaran Core, designed to support companies in identifying, managing,…

1PointFive, the carbon capture, utilization and sequestration (CCUS)-focused subsidiary of energy giant Occidental (Oxy), announced a new agreement with cybersecurity firm Palo Alto Networks for the purchase of 10,000 tons of carbon dioxide removal (CDR) credits over five years. The credits will be generated using direct air capture (DAC) technology from 1PointFive’s STRATOS facility, which is set to come online…

Chrysler, Dodge, Jeep, and Citroen parent Stellantis announced that it has decided to discontinue its hydrogen fuel cell technology development program due to a lack of progress in the hydrogen market. As part of its decision, Stellantis said that it has dropped its plans to launch a new range of hydrogen-powered vehicles this year. The expansion of hydrogen fuel cell…

General Motors and circular economy-focused battery materials provide Redwood Materials announced the launch of a new agreement, aimed at accelerating the deployment of energy storage systems based on both second-life battery packs from GM electric vehicles and new batteries produced by GM. Energy storage forms one of the key building blocks for the rapidly expanding clean energy transition, given the…