Regulations
-
Sean Gallup via Getty Images
Corn growers file legal challenge against EPA’s trucking emissions rule
Industry groups argue that a transition to battery-powered trucks would have unintended consequences for the biofuels and agricultural industries.
By Nathan Owens • June 26, 2024 -
Andrew Burton via Getty Images
BlackRock becomes first firm on Indiana treasurer’s ESG watchlist
“Contrary to the Treasurer’s assertion, BlackRock has been singularly focused on delivering performance” for the state’s pension fund, a firm spokesperson told Sudaten.
By Lamar Johnson • June 25, 2024 -
Explore the Trendline➔
Mario Tama via Getty Images
TrendlineSustainability initiatives gain traction against backdrop of climate disclosure rules
Several companies have already committed to achieving net-zero emissions by 2050 and many have also set near-term targets to curb their carbon footprint by the end of the decade.
By Sudaten staff -
Carl Court via Getty Images
Bloomberg launches CSRD data tool as reporting deadlines begin to loom
“Better data drives better investment decisions,” Bloomberg’s global head of sustainable finance solutions said in a release.
By Lamar Johnson • June 24, 2024 -
gorodenkoff via Getty Images
11th Cir. deals another blow to corporate DEI programs
The federal appellate court ruled 2-1 that a competition designed to award grants to businesses owned by Black women likely violates federal civil rights law.
By David Weisenfeld • June 21, 2024 -
Lukas Schulze via Getty Images
Workiva launches sustainable solutions platform, acquires carbon accounting firm
The ESG reporting software firm said its new platform will let companies “prepare and file audit-ready financial and non-financial reports” amid growing disclosure requirements.
By Zoya Mirza • June 20, 2024 -
Jens Schlueter via Getty Images
Trump could roll back Inflation Reduction Act tax credits if reelected
Volkswagen and Samsung SDI leaders expressed concerns at a conference last week about the stability of the IRA should the administration change.
By Kate Magill • June 20, 2024 -
Justin Sullivan via Getty Images
Q&AHow Supplier.io’s collaboration with CDP boosts supply chain transparency
Supplier.io CEO Aylin Basom said clients were asking the supply chain diversity and ESG data company for additional insights, which led the company to pursue the partnership.
By Lamar Johnson • June 17, 2024 -
Jemal Countess via Getty Images
Witnesses combat House panel report of ‘collusion’ on decarbonization
A day after the Judiciary Committee’s report, witnesses from Ceres, Arjuna Capital and CalPERS disputed claims alleging their work constitutes antitrust violations.
By Lamar Johnson • June 13, 2024 -
Chip Somodevilla via Getty Images
House Judiciary: Climate groups and activists ‘colluding’ on decarbonization
The interim report from the years-long probe accuses groups in the financial system of forming a “climate cartel” that “has declared war on the American way of life.”
By Lamar Johnson • June 12, 2024 -
Chip Somodevilla via Getty Images
SudatenDrive for energy permitting reform fuels tensions between climate, environmental justice advocates
A simplified permitting process would speed the deployment of clean energy, but some EJ advocates are concerned about unintended consequences.
By Diana DiGangi • June 11, 2024 -
Anna Moneymaker via Getty Images
Congressional Dems urge SEC to stay committed to climate disclosure rule
A group of 38 lawmakers asked the agency to “vigorously defend” its now-stayed final rule in court and enforce previous climate-related guidance in the interim.
By Zoya Mirza • June 10, 2024 -
Michael Santiago/Getty Images via Getty Images
SEC asks organizations to complete diversity self-assessment
The agency said it will use the voluntary disclosures from its regulated firms to identify any trends and progress on diversity-related activities.
By Lamar Johnson • June 10, 2024 -
David McNew via Getty Images
Scope 3 reporting is increasing, but cultural gaps undermine companies’ confidence in results
Internal considerations, including ROI and buy-in from CFOs and others, may hinder investments in reporting tools, a Reuters survey found.
By Suman Bhattacharyya • June 7, 2024 -
Courtesy of Volvo Cars
$1.3B earmarked for EV charging network expansion in US
The Biden-Harris Administration aims to accelerate public and private investment in clean transportation with the historic grant funding.
By Haley Cawthon • June 7, 2024 -
Julie Strupp/Sudaten
How climate change is hitting highways
Resilience is a key consideration for road builders amid a slew of new environmental conditions, said a Federal Highway Administration official at the recent NIBS conference in Washington, D.C.
By Julie Strupp • June 6, 2024 -
Spencer Platt/Getty Images via Getty Images
Sierra Club, NRDC drop legal challenges to SEC climate rule
The two environmental groups have decided to focus resources elsewhere to improve climate-related financial disclosures.
By Lamar Johnson • June 5, 2024 -
Johannes Simon via Getty Images
2 major EU sustainability and human rights regulations signed into law
The rules, which ban destruction of unsold textiles among other things, aim to redefine product standards and promote sustainability.
By Lauren Schenkman • June 5, 2024 -
Kylie Cooper via Getty Images
Vermont sends climate change tab to fossil fuel companies
The Green Mountain State passed legislation which holds oil and gas companies financially accountable for damage caused by climate change.
By Lamar Johnson • June 4, 2024 -
Mario Tama / Staff via Getty Images
Bank of America tweaks its restriction on firearms, energy lending
New language indicates lending decisions go to senior risk officials for case-by-case evaluation, rather than being a non-negotiable “no.”
By Dan Ennis • June 3, 2024 -
Mario Tama via Getty Images
Treasury issues proposed guidance on technology-neutral clean energy tax credits
The new credits, which cover wind, solar, hydropower, nuclear, geothermal and other technologies, are “one of the [Inflation Reduction Act’s] most significant reforms,” the Treasury Department said in a release.
By Diana DiGangi • May 31, 2024 -
Sakorn Sukkasemsakorn via Getty Images
White House looks to bolster carbon market credibility
The Biden administration released new principles for responsibly participating in voluntary carbon markets in what was called a “pragmatic step” by the CEO of carbon data platform Sylvera.
By Lamar Johnson • May 30, 2024 -
EEI joins AEP, Duke, other utilities in suing EPA over power plant greenhouse gas rule
The trade group for investor-owned utilities contends it is “premature” to set emission limits based on carbon capture technology.
By Ethan Howland • May 29, 2024 -
Joe Raedle / Staff via Getty Images
American Airlines pilot’s anti-ESG lawsuit certified as class action
The size of the certified class is expected to exceed 100,000, according to court documents, as the airline is accused of violating its ERISA duties.
By Lamar Johnson • May 28, 2024 -
Sean Gallup via Getty Images
Opinion3 ESG lessons CFOs can learn from SOX compliance
ESG reporting may be a relatively new challenge but there is nothing new about C-suite leaders facing “perfect storm” reporting requirements, Wolters Kluwer's Alessio Lolli writes.
By Alessio Lolli • May 28, 2024 -
Brandon Bell via Getty Images
Anti-ESG laws hurting Texas economically, unpopular with voters: research
Pro-ESG group Unlocking America’s Future said Texas’ anti-ESG laws are hurting the state’s reputation as being “good for business.”
By Lamar Johnson • May 21, 2024
