ESG News

April 2019

Improving Electric Vehicle Economics
McKinsey & Co.

McKinsey offers a 'roadmap' to close the $12,000 electric vehicle profitability gap for car manufacturers.

A Market-Driven Green New Deal? We’d Be Unstoppable
The New York Times

An energy study shows that a business-led transition to renewable energy could sustain an economy with a net cost less than that of business-as-usual.

Big Buildings Hurt the Climate. New York City Hopes to Change That
The New York Times

According to a recent report, New York City's buildings are responsible for two thirds of the city's greenhouse gas emissions. In pursuit of the goal to reduce emissions by 40% by 2030, the City Council is attempting to pass legislation placing an emissions cap on many large buildings, including the Empire State Building.

How Big Business Is Hedging Against the Apocalypse
The New York Times

As renewable alternatives become more affordable, large corporations, such as Exxon, are shifting towards them.

March 2019

Xylem Signs First-Of-Its-Kind Revolving Credit Facility that Links Interest Rates with Sustainability
MarketWatch (Source: Xylem)

This is one of the first 'sustainable improvement loans' in the U.S., whereby sustainability performance is tied directly to the cost of capital.  Xylem is a global water technology company.

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