ESG

As the urgency to combat climate change intensifies, the energy sector faces unprecedented financial risks. One of the most pressing issues is the risk of stranded assets. This challenge was first brought to widespread attention by the Carbon Tracker Initiative’s 2011 report, which highlighted the financial risks associated with unburnable carbon. Now, the risk of […]

The Environmental Protection Agency (EPA) has announced a plan to implement a new label program that it expects will help federal purchasers and buyers find and choose more climate-friendly construction materials. Under the label program, which stems from “extensive public input,” the EPA will initially focus on asphalt, concrete, glass, and steel products with “lower […]

As the world grapples with fast-changing weather patterns, wildfires, record-breaking heat, and many other climate-related issues, it is becoming increasingly important to develop the technologies that will help to combat climate change. There is a race to develop new technologies that can capture, remove, and store carbon, create renewable energy, improve energy management and efficiency, […]

Considering the unfathomable costs of unabated climate change, it stands to reason that even the most elementary investment thesis for the energy transition merits sincere consideration. And with the enormous sums of public and private capital committed these last few years toward the companies, technologies, and projects that promise to drive climate change mitigation and adaptation, it would appear […]

Several executives in the power generation space weighed in for POWER’s recent report on supply chain issues in the sector. Sourcing of equipment also was a hot topic in POWER’s 2023 forecast for the industry. It’s no surprise. The power sector is not exempt from the problems that have impacted business and industry worldwide, from […]

The Biden administration has reversed a controversial Trump-era rule that barred plan fiduciaries from considering climate change and other environmental, social, and governance (ESG) factors when choosing retirement investments and exercising shareholder rights, such as proxy voting.  A final rule issued by the Department of Labor (DOL) on Nov. 22 removes restrictions issued in two […]

The Duquesne Light Co. (DLC) may not be among the best-known electric power companies in the U.S., but for its customers in Allegheny and Beaver counties in southwestern Pennsylvania, the company has been a steady presence in the community for more than a century. “We are a Pittsburgh-based utility company. We’ve been in operation for […]

CHARLOTTE, NC – October 20, 2022 – Honeywell (NASDAQ: HON), a global leader in energy and climate transition solutions, today announced the launch of its Environmental Sustainability Index. The index is the first quarterly indicator of key trends pertaining to global efforts in climate change mitigation and other sustainability initiatives. Two-thirds of the S&P 500 […]

Utilities function in the present but must always plan for the future. That’s even more true today, as the rapid pace of change with power generation technologies, and the transition to cleaner forms of energy, means utilities—whether they deal with electricity, natural gas, water, transportation, or are a municipality that pays attention to all those […]

Environment, social, and governance (ESG) reporting has never been easy—and with pressures rising from investors, corporate leaders, and the government, organizations are struggling to meet the needs of all stakeholders. Facility managers must grapple with reaching and documenting progress toward ESG goals that align with the desires of sustainability-minded investors while boards and corporate leaders […]