About 30,000 semi trucks, some owned by large fleets and others by small operators with a single rig, shuttle imports and exports to and from California’s shipping ports to the distribution centers that pass the goods to the rest of the nation and much of the globe. Long truck queues can mean idle time burning…
Focusing on your small business’s sustainability isn’t just good for the environment — it can also benefit your bottom line. Thirty-two percent of consumers are willing to pay more for sustainable goods and 66% rank sustainability as one of their top five drivers behind a purchasing decision, according to the 2022 Sustainability Study from Simon-Kucher…
The Department of Labor finalized a rule Tuesday that explicitly permits retirement-plan fiduciaries to consider climate change and other environmental, social and governance (ESG) features when selecting investments or meeting shareholder demands. One of the Trump-era rules said retirement-plan fiduciaries — professionals required by law to manage a person’s money for the individual’s benefit and…
An Airbus A330 MRTT owned and operated by the U.K.’s Royal Air Force has performed a flight using only sustainable aviation fuel in both engines, paving the way for reducing carbon emissions from military aircraft fleets, Airbus SE said. The Toulouse, France-based company AIR, +1.40% said the flight was the world’s first carried out by…
The six major U.S. banks are behind more than one-third of the financing to expand fossil-fuel extraction, according to an update to a closely followed annual report put out by a collection of climate-change policy groups. According to the Rainforest Action Network (RAN), the top 60 banks by assets globally provided a total of $1.3…
Texas is known for fiercely promoting its oil and gas industries, but it’s also the No. 2 renewable energy producer in the country after California. In fact, more than a quarter of all the wind power produced in the United States in 2021 was generated in Texas. These projects benefit from a lucrative state tax incentive program…
Vanguard released its sixth environmental, social and governance fund Monday, joining with U.K. investing firm Baillie Gifford to launch an actively managed, global equity fund that invests in companies the managers believe will produce a positive social change. Vanguard Baillie Gifford Global Positive Impact Stock Fund will invest in companies the fund managers believe will…