McDonald’s announced the launch of the Grassland Resilience and Conservation Initiative, a major new program aimed at accelerating the implementation of regenerative agricultural practices among U.S.-based beef cattle producers in its supply chain. Launched alongside the National Fish and Wildlife Foundation (NFWF), the U.S. Department of Agriculture’s Natural Resources Conservation Service (NRCS) and several key McDonald’s U.S. suppliers, the new…
The U.S. Court of Appeals has told the U.S. Securities and Exchange Commission (SEC) that it will not issue a ruling on the legality of its climate disclosure rules, as requested by the SEC, leaving the agency on its own to decide on the fate of the rules requiring climate-related reporting by public companies. While the SEC’s request would have…
Prometheus Fuels, a venture-backed energy company based in the US, announced that it has achieved the world’s lowest-cost carbon capture, reducing the cost of Direct Air Capture (DAC) by more than 80% compared to industry averages. DAC technology, listed by the IEA as a key carbon removal option in the transition to a net-zero energy system, extracts CO2 directly from…
Global investment manager T. Rowe Price and World Bank Group member the International Finance Corporation (IFC) announced the launch of the T. Rowe Price Emerging Markets Blue Economy Bond Strategy (T. Rowe Price Blue), a new fund aimed at investing in companies supporting projects targeting sustainable water management and ocean preservation. The strategy also aims to help catalyze the blue bond…
Snacking, food, and pet care products provider Mars announced the launch of Renewable Acceleration, a new program aimed at accelerating the shift from fossil fuels to clean energy across the company’s operations and its global value chain. Alongside the launch, Mars announced Enel North America as the first energy partner for its new program, with the new agreement including Enel…
Wharton Executive Education and the Principles for Responsible Investment’s PRI Academy announced the launch of the Wharton/PRI Executive Certificate: Impact, Value and the Materiality of Sustainability, a new executive education program focused on responsible investing, and targeted towards corporate leaders, senior investment professionals, and strategists and consultants. According to PRI Academy Director Anthony Roberts, the new program comes “as global…
The U.S. Environmental Protection Agency (EPA) announced a proposed rule to end the Greenhouse Gas Reporting Program (GHGRP), a key source of transparency into industrial emissions through mandatory GHG disclosures from thousands of the most carbon-intensive facilities in the U.S. In the agency’s announcement, EPA Administrator Lee Zeldin called the rule “burdensome,” with the new proposal aligning with executive orders…
This week in ESG news: ISO, GHG Protocol unify GHG emission measurement and reporting standards; Swiss Re drops commitment to SBTi; SEC threatens IFRS Foundation over support for ISSB; Vanguard finds young investors strongly prefer ESG voting policies; Venture Capital coalition launches fund to scale climate tech startups to commercialization; EU passes law requiring fashion brands to pat to recycle…
The EU’s General Court ruled that nuclear energy and fossil gas activities can be included in the EU Taxonomy, overruling objections from Austria aimed at keeping them out of the classification system of sustainable economic activities. In its decision, the court ruled that in its move to include nuclear and fossil gas in the taxonomy, the EU Commission “was entitled…