In the News

This week's post features new items from WorldOil, S&P Global, Clean Technica, Seafood Source, Journal of Accountancy, Accounting Today, Barron's, Natural Resources Defense Council, Bangor Daily News, Business Wire, AiThority, CUNA News, Washington Post, KQED, Cache Valley Daily, Forbes, PenBayPilot.com, Institutional Asset Manager, Energy Storage News, AltEnergyMag, Yahoo Finance, PharmWeb.com, Yahoo News Australia, Chief Investment Officer, IPE.com, MetalMiner, Microgrid Knowledge, and many many more...We scour the web so you don't have to!

                                                                                                                                                                                    

Coronavirus and Sustainability:

How Brands Can Help Reshape Post-COVID Public Life to Maximize People, Planet Health
SB News
These were the fundamental questions posed during the latest Sustainable Brands™ webinar — Planet Health and People Health: Reimagining Public ...

Top 10 world news: Covid's new variant found, salon sustainability, and more
WION
Smokers are up to 50 per cent more vulnerable to deaths due to novel coronavirus, WHO chief said, urging people to quit smoking. Italy: Pakistan-origin ...

Zayed Sustainability Prize 2022 Expands Global Reach With Submissions From Record 151 ...
News-Press Now
Following a six-month submissions phase amidst the prevailing restrictions imposed by the global COVID-19 pandemic, the Zayed Sustainability Prize ...

Sector Based Decarbonization:

Maersk Supply Service taps Wärtsilä to support its 2030 fleet decarbonization goals
WorldOil
... storage system to Maersk Supply Service, the Denmark based provider of offshore marine services and integrated solutions for the global energy sector. ... is taking an active role in decarbonizing the offshore support vessel sector.

ING leads banking industry group to decarbonize steel sector
S&P Global
"Since the sector is so carbon intensive, there are expectations that financial institutions should support its decarbonization, but so far financial ...

6 Global Banks Come Together to Decarbonize Steel
CleanTechnica
Leading lenders to the global steel industry — Citi, Goldman Sachs, ING, Societe Generale, Standard Chartered, and UniCredit — are working together ...

Global Reporting Initiative:

Global Reporting Initiative aiming to create sector standard for aquaculture and fishing
SeafoodSource
The Global Reporting Initiative (GRI) is exploring the creation of a sector standard for the agriculture, aquaculture, and fisheries sectors, to give ...

Auditors may see increased demand for ESG attestation
Journal of Accountancy
... Disclosure Standards Board (CDSB), and the Global Reporting Initiative (GRI) to issue a prototype climate-related financial disclosure standard.

Search is on for leaders of future International Sustainability Standards Board
Accounting Today
They and other standard-setters — such as the Global Reporting Initiative, the Climate Disclosure Standards Board and the Carbon Disclosure Project ...

Renewable Energy Investments:

Silver Prices Are Lagging. Investments in Renewable Energy Should Change That.
Barron's
Investments in Renewable Energy Should Change That. ... Silver is used in both solar panels and electric vehicles, and will play a key part in the shift ...

Biden Budget Accelerates Clean Energy in the Power Sector
Natural Resources Defense Council
These investments will create and sustain good-paying jobs building more clean energy resources all across the country. As the White House has ...

Time to tap into Maine's renewable energy potential
Bangor Daily News
Investing in expanding renewable energy and enhancing our clean energy infrastructure including transmission and storage will not only keep Maine ...

CDP Sustainability:

NAVEX Global and CDP North America Team to Propel High-Quality Environmental Disclosure ...
Business Wire
We believe that global climate and environmental impact are critical components of creating a resilient economy.” Tweet this. The CDP is recognized as ...

Biden budget: CDFI, CDRLF, CDP funding included
CUNA News
Biden budget: CDFI, CDRLF, CDP funding included ... businesses and cooperative systems for self-reliance, local ownership, and sustainability.

California's Leadership in Climate Change:

Biden looks to California for next phase of offshore wind
Washington Post
... California's longtime leadership in clean energy and combating climate change — thank you, Governor Newsom — it's only fitting that California is ...

Calif. Offshore Wind Will Require a Feat of Engineering. And That's Not Even the Hard Part
KQED
Given California's leadership in clean energy and combating climate change, “it's only fitting that California is totally unwilling to let the expansion ...

Extension climate change action forum brings federal, state leaders together
Cache Valley Daily
Utah State University Extension joined forces with the Extension Foundation, the Western Rural Development Center and the University of California ...

Impact Investing:

Philippe Cousteau And Doug Heske Re-Imagine Impact Investing. $51 Billion Says It's A Great Bet.
Forbes
In 2020, investors poured $51 billion into impact investing. This focus on ESG (Environment, Social, Governance) more than doubled from 2019 and is ...

Widespread impact investing could help Maine tackle pressing social, environmental needs
PenBayPilot.com
For retail investors, “there are very few opportunities and they're not well-advertised,” Graham cautions, so DIY impact investing in Maine “is a real ...

Impact investing risks being undermined by greenwashing, says Robeco
Institutional Asset Manager
Impact investing has surged in recent years as investors look to make a positive difference in the world, alongside earning a financial return. In the UK ...

Energy Storage

VIDEO: UK's net-zero ambitions and the role of energy storage
Energy Storage News
It is increasingly becoming recognised that energy storage is crucial in helping the UK to meet its targets for reducing emissions and ensuring ...

Stem, Inc. Announces Collaboration with Ameresco on New Smart Energy Storage Project for Holy ...
AltEnergyMag
Colorado-based electric cooperative to install 15MWh battery storage system focused on providing sustainability, savings, and resilience. 06/02/21 ...

Battery software startup TWAICE gets US$26m funding, aiming at EV and energy storage markets
Energy Storage News
“After years of closely monitoring the energy storage ecosystem, we recognise that software will be crucial to helping the battery industry achieve ...

Science Based Carbon Performance Targets:

Johnson Controls Honored to be Named One of 100 Best Corporate Citizens of 2021 for 16th Year ...
Yahoo Finance
... has committed to achieving net zero carbon before 2040, and announced science-based targets for 2030. It aims to slash its operational emissions ...

GSK announced as a Principal Partner of COP26 UN Climate Change Conference
PharmiWeb.com
Builds on and contributes to company target of being carbon net zero and nature net ... GSK Chief Executive, Emma Walmsley, said: “As a global science-based ... a 32% reduction in scope 1 & 2 carbon emissions since 2017; 68% of ...

Seaweed aids red meat sector's carbon goal
Yahoo News Australia
"It also has a positive impact on performance," he told a Senate estimates hearing in Canberra on Thursday. Earlier in the year, a study found putting a ...

Climate Change Winners and Losers:

Climate Transition Risk to Have Greater Impact on Ratings
Chief Investment Officer
... energy transition fallout, though each sector is likely to see both winners and losers ... S&P Global Ratings also said President Joe Biden's climate plan will ... The S&P said that while the 26th UN Climate Change Conference of the ...

Incorporating climate change within investment portfolios
IPE.com
While the data must improve, there are many companies providing hard data on environmental impacts, helping investors to disentangle winners versus ...

Carbon emissions are driving corporate strategy
MetalMiner
In doing so, it aims to force a change in direction for the world's largest oil company away from oil and gas and ... There will be winners and losers.

Microgrids:

Microgrids Bring Sustainability and Resiliency and Serve as Community Lighthouses
Microgrid Knowledge
Resiliency + cost savings = new microgrids. While microgrid customers are beginning to grasp these microgrid benefits, they often believe that reliability ...

Final Week of Microgrid 2021 Features Greater Good Awards and Launch of New Coalition to ...
Microgrid Knowledge
Microgrid Knowledge will present the three winners of the 2021 Microgrid Greater Good Awards on June 1. The award showcases the humanitarian and ...

Colorado Springs Utilities looking to boost resiliency through microgrids
Colorado Springs Gazette
Small subsets of the electrical grid, or microgrids, that can stand alone in an emergency and keep critical services or businesses going, could be ...

Socially Responsible Investing:

How to Tell if a Company's Claim of Ethical Practices Is True
The New York Times
But a lawsuit filed against the company on May 20 claims that Vital Farms' marketing has misled consumers and investors into believing they're ...

ARK's Cathie Wood blames Elon Musk, ESG investors for recent crypto crash
MarketWatch
Investors have been flocking to ESG — environmental, social and governance — themed assets in recent years as socially responsible investing has ...

(E)ESG - Why It Matters to Employment Experts
JD Supra
Even pre-pandemic, there was a rise in “responsible investment”, essentially investors looking for companies with an explicit objective of making a ...

Carbon Capture, Utilization and Storage:

Portman, Bennet Introduce Bill to Help Finance Carbon Capture Projects, Reduce Emissions, and ...
Senator Rob Portman
... of carbon capture, utilization, and storage equipment, as well as direct air capture (DAC) projects through the use of private activity bonds (PABs).

Venture Global Launches Carbon Capture and Sequestration Project
PRNewswire
... role in controlling and reducing atmospheric emissions of carbon through the use of Carbon Capture, Utilization and Storage (CCUS) initiatives.
    
IDTechEx Discuss If Direct Air Capture Can Really Help in the Fight Against Climate Change
PRNewswire
"Carbon Capture, Utilization, and Storage 2021-2040", a new report by IDTechEx, explores the technical and industrial factors that will play a role in ...

Sustainability Investing: 

Missed Opportunities In ESG & Sustainable Investing Today
Forbes
The terms sustainable, impact, ESG and SRI all mean different things to different family offices, fund selectors, managers and banks. There is no ...

House Democrats reintroduce sustainable investing bills
Pensions & Investments
The Retirees Sustainable Investment Policies Act also affirms that ERISA plans may invest plan assets in sustainable investments so long as it is in the ...

Engine No. 1's Exxon Win Provides Boost for ESG Advocates
Bloomberg
... rebuke of Exxon is going to make it much easier for sustainability investors. ... “ESG is now core to investment processes and decisions,” said Kalina ...

Geoengineering:

Geoengineering and Notions of Sovereignty: A Wilson Center NOW Interview with Beth Chalecki
New Security Beat
As climate change impacts become starker, interest in geoengineering is growing. Geoengineering is “climate manipulation technologies that we can ...

Should solar geoengineering be part of how humanity counters climate change?
Physics Today
Solar geoengineering research should be cautiously ramped up, says the US National Academies of Sciences, Engineering, and Medicine (NASEM) ...

Rand Corp. calls for pact to avoid 'geoengineering crisis'
E&E News
Efforts to manipulate the Earth's temperature through geoengineering could prove more expensive and more politically fraught than combating climate ...

Green Bond Funds:

Sugar Valley Energy project verified to issue green bonds for financing, hopes to secure funds and ...
thedesertreview.com
The verification for the Green Bond Financing was administered by the International Capital Market Association (ICMA), according to a press release.

Analysis: 'Greenium' shrinks as climate bond sales swell to record
Reuters
Investors have long paid a premium to get hold of scarce green bonds, but record issuance might be about to change that. Bonds sold to fund ...

China's 'Green Bonds' Often Look More Like Regular Bonds
The Wall Street Journal
China, the world's largest producer of carbon dioxide, has committed to reducing its emissions. To fund the transition, its companies have embraced ...

Low Carbon Funds:

Montebello to Transfer Low Carbon Operations Funds to Foothill Transit
Streetsblog Los Angeles
Montebello passed an ordinance last month to transfer more than $240,000 in its Low Carbon Transit Operation Program funding to Foothill Transit.

Accounting for finance is key for climate mitigation pathways
Science Magazine
This limitation to our understanding of the dynamics and the feasibility of the low-carbon transition weakens the ability of IAMs to inform policy and ...

It is clear to see that the world is heating up. The earth's global average surface temperature in ...
Citywire Financial Publishers
This means that cost and liquidity pose challenges for those seeking low-carbon bond funds. Measuring the carbon emissions of a bond portfolio is ...