Sustainability
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X @Forbes
Forbes· 2025-09-22 12:30
Founded in 2022, Mati Carbon’s carbon removal solution is decidedly low tech: convincing farmers to spread basalt, the most common type of volcanic rock in the Earth’s crust, over their land plots. https://t.co/cPtZGUVTZG #ForbesSustainabilityLeaders (Photo: Mati Carbon) https://t.co/R0VOXxodWN ...
Manufacturers scrutinize supply chains for California scope 3 emissions disclosures
Yahoo Finance· 2025-09-22 09:08
Core Insights - Companies are increasingly requesting emissions data from their vendors, integrating these requirements into vendor contracts to enhance sustainability efforts [1][2] - Compliance with new regulations can provide companies with reputational and competitive advantages, as many view emissions disclosures as a strategic move [2] - The implementation of California's SB 253 and SB 261 laws will require public and private companies generating over $1 billion in revenue to disclose their greenhouse gas emissions starting in 2026, with scope 3 emissions reporting commencing in 2027 [4][6] Regulatory Framework - SB 253 and SB 261 are the first laws in the U.S. mandating full disclosure of total greenhouse gas emissions and climate risks, aimed at increasing transparency for investors and consumers [5][6] - Companies must report scope 1 and 2 emissions by 2026, while scope 3 emissions, which encompass a broader range of activities, will be required starting in 2027 [4][18] - The California Air Resources Board is in the process of implementing these laws, with potential regulations expected by the end of the year [19] Emissions Tracking and Reporting - Companies are advised to begin tracking their emissions sources, focusing on the 15 categories defined by the Greenhouse Gas Protocol for scope 3 emissions [13][15] - The process of collecting emissions data can be complex, requiring collaboration across supply chains to ensure accurate reporting [12][16] - Companies like Amcor are actively working to standardize data collection from suppliers to improve their emissions reporting and aim to reduce scope 3 emissions by 32.5% by 2033 [11][18] Industry Response and Tools - Service providers are developing tools and advisory services to assist companies in tracking their emissions for compliance with SB 253 [16] - Companies such as Orbis are already tracking and sharing their scope 1, 2, and 3 emissions data with customers, highlighting the importance of emissions data in decision-making [7][8] - The use of industry average-based data can serve as a starting point for companies that have not yet begun collecting emissions data from suppliers [20] Legal and Market Implications - A federal court ruling has allowed the enforcement of SB 253 and SB 261 to proceed as planned, despite ongoing legal challenges [21] - Other states are considering similar disclosure rules, indicating a potential trend towards increased regulatory scrutiny on emissions reporting [22] - California's ambitious disclosure requirements are prompting significant interest from companies seeking to adapt to the evolving landscape of climate disclosure [24]
Eastman Chemical’s (EMN) Innovation in Sustainability Boosts its Spot Among Safest High Dividend Stocks
Yahoo Finance· 2025-09-22 01:33
Group 1 - Eastman Chemical Company is recognized as one of the 10 Safest High Dividend Stocks to buy, highlighting its strong financial stability and commitment to sustainability [1][2] - The company is focusing on advanced recycling technologies, such as Carbon Renewal Technology (CRT) and Polyester Renewal Technology (PRT), to address the global plastic waste challenge, which sees only a small fraction of the 360 million metric tons recycled annually [2] - Eastman is investing in new recycling plants in Tennessee, Texas, and France, including the world's largest methanolysis facility in Kingsport, Tennessee, expected to generate over $500 million in EBITDA by 2029 [3] Group 2 - Eastman Chemical offers a quarterly dividend of $0.83 per share, resulting in a dividend yield of 5.10% as of September 20, and has consistently raised its dividends for 15 consecutive years [4]
X @Forbes
Forbes· 2025-09-20 08:00
Sustainability Initiatives - The ForbesSustainabilityLeaders List showcases global leaders addressing the climate crisis [1] - The list includes entrepreneurs, investors, activists, and scientists [1] Focus Areas - These leaders are working to combat the climate crisis [1]
BKV Releases 2024 Sustainability Report Outlining Progress Toward Closed Loop Pathway to Net-Zero
Businesswire· 2025-09-19 20:15
Core Insights - BKV Corporation has released its 2024 Sustainability Report, marking its first sustainability disclosure since its IPO in September 2024 [1] - The report emphasizes the company's commitment to developing and scaling carbon reduction technologies and solutions within the global energy market [1] - BKV's progress aligns with its "Promise. Deliver. Repeat." philosophy, showcasing its ongoing efforts in sustainability [1]