Energy Markets CSR News

Ceres Releases Investor Expectations for Paris-aligned Financial Reporting in U.S. Oil and Gas Sector

Press Release

June 17, 2021 /3BL Media/ - U.S. oil and gas companies, and their investors, are at risk of significant stranded assets because they are not adequately reflecting the impacts of the climate crisis and the clean energy transition in their financial reporting, as detailed in a new report from the sustainability nonprofit Ceres.

Climate Solutions Provider 3Degrees Prepares to Scale With New COO Role, Hires Malcolm Fabiyi

Fabiyi brings global perspective and technical expertise to the newly created role
Press Release

SAN FRANCISCO, June 14, 2021 /3BL Media/ - 3Degrees, a leading global provider of climate solutions, today announced that Dr. Malcolm Fabiyi has been appointed Chief Operating Officer, a new position within 3Degrees.

Taking the Heat out of Energy Storage

Article

South Korea offers an object lesson on how overlooking safety can have a chilling effect on markets – in its case, resulting in around US$400 million in lost sales of stationary energy storage systems.

In Stunning Vote, Shareholders Elect Two New Directors Put Forth by Shareholders at ExxonMobil, Seeking Climate Expertise and Action

Chevron shareholders reach majority vote for a proposal calling for Scope 3 emissions reduction targets
Press Release

In a dramatic shake up signaling an accelerating transition away from a fossil fuel economy, a majority of ExxonMobil shareholders voted to replace two of the oil major’s board of directors with an alternative slate of candidates experienced in clean energy and energy transitions. 

Two directors were elected from the slate nominated by climate activist shareholder Engine No. 1: Gregory Goff, former CEO of Andeavor oil refining company and Kaisa Hietala, former executive vice president of renewable products at Neste. 

Major Investors Demand Ambitious Methane Regulations in the U.S.

147 investors with $5.35 trillion in assets under management call for stronger methane regulations and enforcement
Summary: 

Inaction will leave investors and oil and gas companies vulnerable to climate and reputational risk

Press Release

Inaction will leave investors and oil and gas companies vulnerable to climate and reputational risk

Black & Veatch to Support Development of U.S. Renewable Energy Expertise and Technology Exports

Global power business expanding U.S. decarbonization expertise through appointment of advisor to Department of Commerce’s Renewable Energy and Energy Efficiency Advisory Committee
Press Release

OVERLAND PARK, Kan., May 13, 2021 /3BL Media/ – Black & Veatch has further expanded its contribution to global decarbonization, and the export of U.S. renewable energy expertise, through the appointment of Sean Tilley to the Renewable Energy and Energy Efficiency Advisory Committee (REEEAC).

Black & Veatch Report: Corporate Sustainability Goals Are Here to Stay, but Delivering Tangible Results Remains a Challenge

Goal Setting and Measurement report finds decarbonization strategies are increasingly complex and current solutions may not be enough to achieve aggressive targets
Press Release

May 11, 2021 /3BL Media/ - Companies of all sizes across business sectors are elevating sustainability as a core tenet of their practices, yet a new Black & Veatch report discovers that many companies continue to establish targets without a clear understanding of how to achieve them.

La-Z-Boy Signs Long-Term Renewable Energy Deal

Blog

La-Z-Boy Incorporated, a global leader in residential furniture, has finalized a 10-year resource-backed virtual power purchase agreement (VPPA), extending through the end of 2030, with AEP Energy Partners, a competitive energy subsidiary of American Electric Power. The agreement signifies a meaningful initiative as La-Z-Boy expands its environmental programs in its quest to reduce its carbon footprint.

Green Wave Sweeps Hong Kong

Article

Carbon neutrality is no longer a distant dream. It is a goal and an imperative after the Hong Kong government set 2050 as a target date to achieve it in the battle to combat climate change.

An important factor in reaching that goal is to use more renewable energy – a clean, inexhaustible, and increasing cost-competitive option that allows development without putting future generations in jeopardy.

Electric Vehicles, Pt 1 - Follow the Fleet

With Andrew Sheets and Adam Jonas
Blog

Price, charging infrastructure and dirty battery production are limiting the impact of EVs, but look to fleet operations to lead the way to broader adoption.

Thoughts on the Market is also available as a podcast on Apple Podcasts, Spotify, Google Play and other major podcast platforms. In addition, the most recent episode is available on Amazon's Alexa. Just ask Alexa to "Enable Morgan Stanley" or to "Add Morgan Stanley to my Flash Briefing."

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