Environmental Politics CSR News

Record 515 Institutional Investors Managing $35 Trillion in Assets Urge Governments to Step up Ambition to Tackle Climate Change

Summary: 
  • Largest-ever group of investors to call on governments to phase out thermal coal power worldwide, put a price on carbon pollution, end government subsidies for fossil fuels, update and strengthen nationally-determined contributions by 2020
  • New report finds more investor climate action than ever before — 1,200 investors took action on climate change in line with The Investor Agenda in its first year
Press Release
  • Largest-ever group of investors to call on governments to phase out thermal coal power worldwide, put a price on carbon pollution, end government subsidies for fossil fuels, update and strengthen nationally-determined contributions by 2020
  • New report finds more investor climate action than ever before — 1,200 investors took action on climate change in line with The Investor Agenda in its first year

Leading the Future of Energy with a Lighter Footprint

Chevron signs an agreement to source Permian operations with wind power
Blog

The whisper of wind across the desert of West Texas means a lot more now than a cool break from the summer heat. It also means more affordable, reliable and cleaner energy to support our growing asset base. As global energy demand increases, Chevron is looking to lead in the future of energy; that includes a commitment to developing more energy with less environmental impact. One big step toward that goal is a recently signed 12-year green power purchase agreement (PPA) to supply Chevron’s current West Texas Permian electricity load (~65 megawatts) from renewable sources.

Virginia Governor’s Executive Order to Accelerate Clean Energy Future is the Right Move for the Commonwealth

Press Release

Virginia Gov. Ralph Northam’s executive order to decarbonize the electricity grid and scale up clean energy in the Commonwealth is the policy leadership needed to address the climate crisis and create a thriving, zero-carbon economy, said the sustainability nonprofit organization Ceres. 

HP and Palo Alto Team Up on One of the Largest Solar Array Projects in Palo Alto

Blog

At HP, we aspire to create a world without waste. From our supply chain, to our operations, to our technology and service offerings, we are transforming our entire business for a circular, low-carbon economy.

Energy Storage: An Essential Tool in the Utility Toolbox

By Rudy Wynter, President and COO of the Wholesale Networks and U.S. Capital Delivery group, National Grid
Article

As the cost of energy storage continues to decline, more and more utilities will turn to batteries. According to Bloomberg New Energy Finance, the levelized cost of energy for lithium-ion batteries configured to supply four hours of grid power — a standard requirement for many grid services — has fallen by 74 per cent since 2012. Costs for those batteries is projected to drop even further – by as much as 67 per cent by 2030, the National Renewable Energy Laboratory found in a recent study. Such a precipitous decline will only make storage a more valuable tool for utilities and others.

Fifth Third Makes History by Powering Up 100% Renewable Solar Facility

Blog

Today officially marked the opening of Fifth Third Bank's Aulander Holloman Solar Facility in Hertford County, North Carolina. Built by solar developer SunEnergy1, the facility is expected to generate clean power that is more than or equal to the amount Fifth Third uses in a year, enough to eliminate 143,000 metric tons of greenhouse gases and power 25,000 homes.   

GreenBiz and State of California to Collaborate on Advancing Grid Resilience

Summit at VERGE 19 to convene public- and private-sector leaders in response to wildfire and clean-energy goals.
Press Release

OAKLAND and SACRAMENTO, Calif., September 4, 2019 /3BL Media/— GreenBiz Group and the state of California today announced a collaboration to advance California’s climate and energy goals in the wake of devastating wildfires, with a Grid Resilience Summit to be held on October 24 as part of VERGE 19.

Dangerous, Short-sighted Methane Rollback Proposal Puts Oil and Gas Companies on the Spot

Press Release

The Trump administration’s proposed rollback of federal methane regulations is “another dangerous, ill-advised maneuver that aims to sabotage climate action while flying in the face of investor concerns,” said Andrew Logan, senior director of oil and gas at Ceres, adding that “all eyes are now squarely on the oil and gas companies to see where they stand on methane.”

Schneider Electric Commits to Tackling Inequality by Joining G7 Business for Inclusive Growth (B4IG) Coalition Powered by the OECD

Summary: 
  • B4IG business coalition to be launched in connection with the G7 Leaders’ Summit in Biarritz, France
  • Companies joining forces are investing a combined total of over 1 billion USD in more than 50 current and future initiatives, benefiting 100 million people to date
  • Call to action for other companies to join first-of-a-kind B4IG coalition
Press Release
  • B4IG business coalition to be launched in connection with the G7 Leaders’ Summit in Biarritz, France
  • Companies joining forces are investing a combined total of over 1 billion USD in more than 50 current and future initiatives, benefiting 100 million people to date
  • Call to action for other companies to join first-of-a-kind B4IG coalition

How Business is Protecting Scarce Natural Resources

by Denise Lana Molina, Director Global Sustainability Communications at Schneider Electric
Article

In 2018, the World Health Organization noted that specific populations are more vulnerable to climate change. People living on small islands, flat coastal regions, megacities, and mountainous or polar regions are especially at risk. As are children, particularly in underdeveloped countries, as are elderly people and people with pre-existing medical conditions.

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