For decades, university endowments were judged by a single metric: financial returns. But as climate change and social inequality intensify, the $700-plus billion held in university endowments has become a battleground where fundamental questions about the purpose of institutional capital are being fiercely contested. Some university endowments have quietly caved under political pressures, willingly reducing […]
Send news about sustainability leadership roles, promotions and departures to [email protected]. Michael Okoroafor will end a decade-long career at the spice and herb maker McCormick when he retires as chief sustainability officer on July 1. Okoroafor will be replaced by his colleague Kathy Rostkowski, currently the company’s vice president of global sustainability. Okoroafor departs with […]
Microsoft remains “pragmatically optimistic” that it will meet its commitment from five years ago to become carbon negative by 2030, despite reporting a 23.4 percent cumulative increase in its total greenhouse gas emissions since that time. That’s according to the company’s May 29 2025 environmental sustainability report, in which two of the tech giant’s senior […]
It often feels like there’s no area of business that artificial intelligence isn’t about to disrupt. But for those interested in focusing attention on where the technology might have particular impact, a slew of grants from the Bezos Earth Fund provides useful pointers. The fund has allocated up to $100 million to its AI Grand […]
A newly released report from NGO E2 tallied $4.5 billion worth of cancelled clean energy investments in April. This brings total cancellations to $8 billion in the first quarter of 2025. The report’s release coincides with the passage of the House’s version of the Budget Bill, proposed legislation that essentially revokes the majority of clean […]
The Science Based Targets initiative (SBTi) is in the midst of updating its corporate net-zero standard. This might sound like an arcane technical exercise, but what’s decided here will have major consequences for how companies shape, deliver and communicate their climate strategies for the next decade. For many corporates, version 1.0 of the standard was […]
In a bid to follow the Trump administration’s anti-climate agenda, EPA administrator Lee Zeldin attempted to unilaterally repeal congressionally approved funding from climate programs, including the National Climate Investment Fund (NCIF) and Greenhouse Gas Reduction Fund (GGRF). In response, one of the recipient coalitions of the GGRF, Climate United Fund, sued the agency and Citibank […]
Purchasing sustainable aviation fuel (SAF) just got a little easier, thanks to the release of an online platform that allows buyers to quickly compare price and other attributes of different fuels. Fuels derived from waste cooking oil and other sustainable sources are at the heart of the aviation industry’s efforts to decarbonize, but purchasing SAF […]
A pioneering scheme to limit the growth of aviation emissions is facing increasing risks of non-compliance as the price of carbon credits rises. Air travel became the first sector to agree to emissions targets on a global basis when the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) was adopted in 2016. Participating airlines […]
For much of the past two decades, the loudest voices in the debate over carbon capture and storage (CCS) were often the critics: The equipment was too expensive or too prone to breaking down. Perhaps most damning was the accusation that the technology would extend the life of fossil fuels and delay cleaner, longer-term solutions. […]