HSBC will end most funding for new coal plants, arctic drilling and oil sands in order to reduce carbon emissions to the levels called for in the Paris climate agreement. However, the bank said it will make an exception for areas where citizens lack access to electricity, such as Vietnam, Bangladesh and Indonesia, if no reasonable alternative energy source is available.
SC Johnson has provided details about its Greenlist ingredient selection program for the first time in its newest sustainability report. The program includes supplier information reviews and a four-step evaluation process that assesses ingredients for potential health hazards, environmental hazards and other possible effects.
The use of transparency and a collaborative approach can help leaders gain the trust of stakeholders, allowing for greater progress in sustainability initiatives, Jessica McGlyn says. Try to view relationships with stakeholders from a medium to long-term perspective, and avoid focusing on yourself or talking too much during conversations with them, she writes.
Lyft plans to invest in enough carbon offsets to make the company's rides carbon neutral. Previously, Lyft announced plans to reduce emissions connected to the transportation sector by at least 5 million tons annually by 2025.
Technological advances are increasing wind generation and delivering a higher cost-savings -- benefits Indiana could take advantage of if it had the right policies in place, writes Kerwin Olson of the Citizens Action Coalition. "We highly encourage community leaders and elected officials in Cass and Miami counties to take a strong look at supporting the proposed project in this part of the state," he writes.
The Public Service Co. of Oklahoma's proposed Wind Catcher Energy Connection project would be a boon to PSO customers, saving residents more than $2 billion over the 25-year life of the project, said landowner Tim Hanvey. "Wind energy helps keep prices stable because there isn't any fuel cost, and prices are locked in for 25 years," he said.
The International Brotherhood of Electrical Workers and two other construction industry unions confirmed their support for Orsted and Eversource's Bay State Wind offshore wind project on Wednesday. The groups said they'd reached deals with the duo to ensure the project directly benefits Massachusetts workers.
Officials in Dane County, Wis., are aiming to offset the county's energy use and reduce emissions by increasing wind and solar power generation. The county is seeking partners to develop renewable power sources it can invest in.
Longroad Energy has signed a deal with Massachusetts-based software company WindESCo to use its WeBoost industrial internet of things tool to optimize performance at its 145-megawatt Milford Wind Corridor 1 wind farm in Utah, according to the companies. "With this technology, we expect to increase revenues within a matter of months and see an immediate return on our investment," said Longroad co-founder and CEO Paul Gaynor.
Southwestern Electric Power Co. has reached a settlement agreement with the Louisiana Public Service Commission, Walmart and Sam's West to advance its proposed 2-gigawatt, $4.5 billion Wind Catcher Energy Connection in Louisiana. LPSC must officially approve the agreement, and approval is pending in Arkansas, Texas and Oklahoma.