In the News

This week's post features items from The Hill, Forbes, Rhodium Group, Business Wire, Environment Analyst, Mining Magazine, The World Economic Forum, Department of Energy, DW, edie, Reuters, CDP, Senator Scott Wiener, California Volunteers - CA.gov, Mondaq, ImpactAlpha, Yahoo Finance, FIN News, Energy Storage News, Temenos, Grid News, BBC, Oil Change International, The Conversation, Environment + Energy Leader, The Spinoff, The Recursive, The Peak Magazine, Nasdaq, International Institute for Sustainable Development and many many more...We scour the web so you don't have to!,

                                                  

Coronavirus and Sustainability:,

6 Macro Factors Reshaping Business This Decade - Gartner
Gartner
Business leaders are now under pressure from customers, investors, regulators and employees to do more on environmental sustainability, ...

Majority of Travelers Want Sustainable Options and Are Willing to Pay For It | TravelPulse
TravelPulse
In fact, sustainability is as important as securing an ocean view when making vacation plans, according to the new survey. “A decade ago, hotels would ...

California coronavirus updates: Influential COVID tracker announces its operations are ending
CapRadio
The Johns Hopkins Coronavirus Resource Center plans to cease operations March 10, officials said. 

Sector Based Decarbonization:

Strong pollution standards can ensure decarbonization of the power sector | The Hill
The Hill
While not optimal, this still allows EPA to set strong standards for all new and existing fossil fuel power plants based on emission reductions that ...

Decarbonization In Shipping: The Need For Improvement, Waves Of Regulation And Optimism
Forbes
The shipping industry, like many others, is facing increasing pressure to reduce its carbon footprint and decarbonize its operations.

US Decarbonization Priorities in the Wake of the Inflation Reduction Act | Rhodium Group
Rhodium Group
Target sectors that don't see many IRA-driven reductions. Based on our analysis, we see only small decarbonization gains in the sectors of ...

Global Reporting Initiative:

MetricStream Earns GRI Certification Enabling Customers to Achieve ESG Goals Faster and Easier
Business Wire
This enables an organization to map GRI requirements to climate risks, simplify regulatory reporting by aligning with industry-leading standards and ...

Sustainability trends report and GRI standard for metals & mining - Environment Analyst
Environment Analyst
GRI drafts a reporting standard for the mining industry, while ERM's Sustainability Institute considers the ESG requirements and challenges facing ...

GRI on raising mining's sustainability standards - Mining Magazine
Mining Magazine
The Global Reporting Initiative (GRI) launched a consultation in February on a major new sustainability standard for the mining sector.   

Renewable Energy Investments:

Energy crisis: $1 trillion goes on green energy in 2022 - The World Economic Forum
The World Economic Forum
Worldwide investment in the green energy transition amounted to $1.1 trillion in 2022, setting a new record according to a report by BloombergNEF.

Biden-Harris Administration Announces Historic Investments to Support America's Energy ...
Department of Energy
The President's Actions Will Spur American-Made Clean Energy Investments in Low-Income and Underserved Communities, Bolster Domestic Supply Chains ...

Shell, BP boost profit, sink investment in renewable energy – DW – 02/10/2023
DW
While the big five oil companies registered record profits on the back of the energy crisis, relatively little will be reinvested in renewables as ...

CDP Sustainability:

Less than 1% of businesses have credible climate transition plans, CDP warns - edie
edie
CDP has stated that less than half a percent of 18600 companies that ... as part of a seminar on 'how to create a winning sustainability report', ...

Fewer than one in 200 companies have credible climate plans, says CDP | Reuters
Reuters
LONDON, Feb 8 (Reuters) - Fewer than one in 200 companies who submit climate change-related data to a leading environmental disclosure platform ...

ARE COMPANIES DEVELOPING CREDIBLE CLIMATE TRANSITION PLANS? - CDP
CDP
As such, we will include wider environmental indicators when defining a credible transition plan in the future. Across the globe in 2022 we saw an ...

California's Leadership in Climate Change:

California Senators Announce Climate Accountability Package to Raise The Bar For ...
Senator Scott Wiener
SB 252 ends California's contradictory and incongruous policy of being a leader in the fight against climate change, while simultaneously investing ...

California Volunteers and San Diego Environmental Leaders Engage Community in Day of ...
California Volunteers - CA.gov
The event also showed the efforts of California Climate Action Corps' fight against climate change. “This is a great example of what it's going to ...

California Legislators Propose Three Climate Bills Focused On ESG Disclosure And Investment
Mondaq
Leaders in Texas, Florida, West Virginia, and elsewhere have bowed to anti-science activists and fossil fuel interests and threatened corporate ...

Impact Investing:

The Week in Impact Investing: The Job - ImpactAlpha
ImpactAlpha
February 10, 2023 | The Brief. The Week in Impact Investing: The Job. The team at. ImpactAlpha. TGIF, Agents of Impact! Do the work.

Impact Investors Can Help at a Time of Global Crisis. Here's How - Yahoo Finance
Yahoo Finance
For those not familiar with the term, impact investing is a rapidly growing investment strategy, where investors aim to generate significant financial ...

Investors Report Significant Jump In Sustainable, Impact Investing Engagement: Survey
FIN News
Institutional investor engagement in sustainable and impact investing has experienced 80% growth since 2018, new research finds.

Energy Storage

Manchin urges investment in non-lithium energy storage, Jigar Shah predicts 1GWh orders in 2023
Energy Storage News
Senator Joe Manchin has urged the Biden Administration to invest more in non-lithium energy storage technology supply chains.

IPP Hecate Grid raises US$98.9 million for 'laser-focused' standalone energy storage deployment
Energy Storage News
Hecate Grid, an independent power producer (IPP) developing utility-scale battery storage assets, has raised US$98.9 million through lenders.

Philippines' rule changes 'will propel ASEAN's leading energy storage market to even ...
Energy Storage News
Proposed changes to rules and regulations will strengthen the Philippines' position as leading energy storage market in the ASEAN region.

Science Based Carbon Performance Targets:

AXIS Capital Commits to Science-Based Aligned Scope 1 and 2 Greenhouse Gas ... - Business Wire
Business Wire
Using a 2019 baseline, AXIS's science based GHG reduction targets are in line ... the transition to a low-carbon economy,” said Albert Benchimol, ...

Temenos Commitment to Reduce Carbon Emissions Validated by Science Based Target Initiative
Temenos
Independent SBTi assessment recognizes best practice in science-based target setting on Scope 1, 2 and 3 emissions reduction.

Urgent Call For Corporate Climate Leadership: Report Highlights Threat To Businesses ... - Forbes
Forbes
The NewClimate Institute and Carbon Market Watch's second annual Corporate Climate ... According to the Science Based Target initiative (SBTi), ...   

Climate Change Winners and Losers:

Joe Biden's 2023 State of the Union: 4 winners, 4 losers and an honorable mention
Grid News
The president pointed to bipartisan wins, like the major infrastructure and climate change legislation he signed last year. And he warned Republicans ...

Brit Awards 2023: The real winners and losers - BBC News
BBC
Rina Sawayama has experience of getting the Brits to change their mind. In 2020, the Japanese-British singer discovered she wasn't eligible for the ...

US gas exporters bemoan European climate goals deterring new LNG contracts
Oil Change International
There are many winners and losers in war, but one of the biggest winners has been the U.S. LNG (Liquified Natural Gas) industry.

Microgrids:

Cyclone Gabrielle: how microgrids could help keep the power on during extreme weather events
The Conversation
National electricity grids are vulnerable to extreme weather events and can leave entire regions without power. Microgrids can deliver better ...

Optimizing Energy Efficiency: The Benefits of Microgrids, PPAs and CHP
Environment + Energy Leader
In the aftermath of major power outages, such as Hurricane Katrina in 2005 and Superstorm Sandy in 2012, the interest in microgrids increased ...

How microgrids can help keep the power on during extreme weather events | The Spinoff
The Spinoff
With traditional electricity networks, just one fallen tree can cut power to thousands of homes. That's where microgrids come in.

Socially Responsible Investing:

A Guide to Using an ESG Index: Benefits and Challenges for Investors - The Recursive
The Recursive
A year later, the launch of the S&P 500 ESG Index, a stock market index aligning investment objectives with ESG values for the biggest companies in ...
    
ESG Investment Guide: Why should you care about socially conscious investing?
The Peak Magazine
In this first of a two-part series, we explore the impact of social and governance factors in ESG investing. February 9, 2023. ESG-investments. Photo: ...

Investors Avoid ESG When Times Get Tough - Nasdaq
Nasdaq
However, the study found that demand for ESG investments from institutions such as pension funds ... Keywords: investors, ESG, covid, mutual funds.

Carbon Capture, Utilization and Storage:

Why Carbon Capture and Storage Is Not a Net-Zero Solution for Canada's Oil and Gas Sector
International Institute for Sustainable Development
This policy brief demonstrates why carbon capture and storage is a ... as carbon capture, utilization, and storage [CCUS])—this report uses CCS as ...

Study Finds Low Risk From Sequestered Carbon - JPT - Society of Petroleum Engineers
JPT - Society of Petroleum Engineers
Carbon Capture, Utilization and Storage (CCUS) concept. Technology of CO2 capturing and. Source: Parradee Kietsirikul/Getty Images.

We must look toward innovative solutions such as carbon capture to help us meet our emission goals
MinnPost
Meanwhile, Klobuchar co-sponsored the Furthering carbon capture, Utilization, Technology, Underground storage, and Reduced Emissions (FUTURE) Act in ...

Data Driven Decision Making Covid Community Climate Behavior:

N/A

Sustainability Investing: 

Balancing goals and returns in sustainable investing — my view - Schroders
Schroders
Willem Schramade: A response to the question of whether sustainable investing means giving up returns; can you have your cake and eat it?

Investing in workplace sustainability to futureproof your business - IFA Magazine
IFA Magazine
Why investing in workplace sustainability is beneficial for your ... by working sustainable initiatives into your business model and investing in ...

Sustainability vs returns: can you have your cake and eat it? - Schroders
Schroders
Yes, sustainable investment approaches can enhance risk-return profiles, by means of better risk management, better fundamental analysis, and/or more ...

Geoengineering:

Could solar geoengineering cool the planet? U.S. gets serious about finding out | Science
Science
Research on solar geoengineering—also called solar radiation management—has long been anathema to some climate scientists and activists. They fear it ...

Experts Fear Grim Repercussions of Geoengineering the Climate - Futurism
Futurism
"Just because we're desperate doesn't suddenly make solar geoengineering a good idea," Center for International Environmental Law wonk Lili Fuhr told ...

Geoengineering to cool earth: Space dust as Earth's sun shield - ScienceDaily
ScienceDaily
Geoengineering to cool earth: Space dust as Earth's sun shield. Date: February 8, 2023; Source: University of Utah; Summary: Dust launched from ...

Green Bond Funds:

Saudi wealth fund to raise $5.5 billion with second green bond sale - Reuters
Reuters
Saudi Arabia's sovereign Public Investment Fund (PIF) is set to raise $5.5 billion through its second sale of green bonds in four months, ...

Comcast Mulls First-Ever Green Bond Sale to Fund Climate Goals - Bloomberg.com
Bloomberg.com
Comcast Corp. is reaching out to gauge investor interest in what may be its first-ever bond sale earmarked for environmental projects as the ...

A new kind of bond is enlisting Americans in the fight against climate change
The Washington Post
So what do green bonds fund? Almost anything that returns a profit and reduces emissions or addresses environmental problems. Banks, companies, ...

Low Carbon Funds:

GFO-22-608: Ultra-Low-Carbon Fuel: Demonstration- and Commercial-Scale Production ...
California Grants Portal - CA.gov
... ultra-low-carbon fuel in two funding categories: demonstration-scale and commercial-scale production facilities utilizing forest biomass.

How to Prevent Legal Risks in the Low-Carbon M&A Wave? (III) - Lexology
Lexology
The buyer can raise operating funds for low-carbon projects at a relatively low financing cost by applying for green loans from banks or issuing ...

Toward the effective and fair funding of CO2 removal technologies | Nature Communications
Nature
Carbon dioxide removal technologies are gaining prominence in academia, ... emissions has led to also funding mature technologies and low-cost ...