Tag Archives: ESG investing

Climate Crisis Catches Power Companies Unprepared

By Brad Plumer and Ivan Penn, New York Times

The phone call to the Eugene Water & Electric Board was startling. A group of homeowners, fearing a storm could knock down nearby power lines and ignite wildfires, was asking the Oregon utility to turn off their electricity. “I about fell out of my chair,” said Rodney Price, the utility’s assistant general manager, of the people who were voluntarily asking to live in the dark in September, during one of the worst fire seasons Oregon had ever seen. It was a sign of growing angst, he said. “We’re seeing more and more widespread impacts of climate change. It’s clear it’s impacting how we do our business.” Across the United States, power companies are scrambling to keep up with a barrage of extreme weather from a rapidly warming climate. Continue reading here.

Photo: Smoke from the Dixie Fire near a Pacific Gas & Electric power station in California this month. Credit: John G. Mabanglo/EPA

Previously Posted

CLIMATE RISK 

INDIANA

As Indiana coal plants close, advocates say gas power should not replace them, by Kari Lydersen, Energy News Network

As it retires a coal-fired power plant, CenterPoint Energy is pushing to build a smaller gas plant than one that was rejected two years ago by Indiana regulators. Consumer and environmental groups still say it’s unnecessary. “After the proposed gas combustion turbines are built, they propose to run them 2% to 10% of the time,” said Sameer Doshi, senior attorney in Earthjustice’s coal program, which is representing Citizens Action Coalition in state and federal proceedings around CenterPoint’s proposal. “Whereas customers would be billed for the entire construction cost of the plant as well as the capital cost of the new pipeline. We intend to show a combination of market purchases, demand response, and increased renewables deployment with storage would be able to fill in the gaps” left by the retiring coal plants. 

COLORADO

Social cost of methane changes the equation for Colorado utility policy, by Allen Best, Energy News Network

Colorado is believed to be the first state in the nation to apply the social cost of methane to a broad range of regulatory decisions. A batch of new laws are expected to dramatically improve the case for building energy conservation. The social cost of methane emissions was set most recently at $1,756 per short ton by the U.S. Interagency Working Group on Social Cost of Greenhouse Gases, compared to $68 for carbon dioxide. Both metrics estimate the economic damages of releasing emissions into the atmosphere.

Methane Leaks

COLORADO SOLAR GROUP PURCHASE CAMPAIGN

Local ‘Solarize’ campaign boosts Garfield County solar energy investment, Post Independent
The recent Solarize Garfield County campaign generated $2.8 million in rooftop solar and battery investment, added nearly a megawatt of renewable energy to the grid and helped county residents bank $270,000 in rebates, according to recent figures released by Carbondale-based Clean Energy Economy for the Region (CLEER).

FEATURED AGRIVOLTAICS RESEARCH

Beneath Solar Panels, the Seeds of Opportunity Sprout, National Renewable Energy Laboratory 

To better understand the benefits of—and barriers to—low-impact solar development, the Innovative Site Preparation and Impact Reductions on the Environment (InSPIRE) project brings together researchers from the U.S. Department of Energy’s (DOE’s) National Renewable Energy Laboratory (NREL), Argonne National Laboratory, universities, local governments, environmental and clean energy groups, and industry partners. The project is funded by DOE’s Solar Energy Technologies Office.

“It doesn’t have to be an either-or choice. For all our agriculturally productive land, let’s help PV developers and farmers plan out these solar projects so that farmers can get under the arrays and continue to work the land for the next 20 or 30 years.” —Gerry Palano, energy program coordinator, Massachusetts Department of Agriculture

USDA: Rural Energy for America Program Renewable Energy Systems & Energy Efficiency Improvement Guaranteed Loans & Grants in Nebraska

PV RECYCLING

Emerging solar panel recycling market ripe with opportunity, but barriers remain, Waste Dive
The U.S. is likely to see significant volumes of end-of-life panels, creating opportunities for safe, sustainable recycling or reuse. Some states are looking at product stewardship to avoid disposal.

SEIA National PV Recycling Program

TESLA NEWS

Tesla Installed 85 Megawatts Of Rooftop Solar Power In 2nd Quarter, But That Doesn’t Actually Show Demand, by Zachary Shahan, CleanTechnica

In some places in the US, the permitting process can take just a few days less than forever. In many other places in the US, it can take weeks or months (as in, several months). There are not many places where it happens in the course of a week. Europe and Australia don’t seem to have a permitting problem anything like this. Permits are quick and easy. The US, for some reason, is slow to adapt. One promising initiative is the new SolarAPP+ initiative. It is helping to streamline the solar permitting process in places around the country. As simple as it sounds, this is one of the most exciting developments in the US solar industry in years.

Additional Recommended ReadingTesla will open its charging network to all EV brands

Energy Storage Grows Up

By Jeff Postelwait, T&D World 

Energy storage is even maturing to the point where it can take the place of building a new power generation asset or building grid upgrades. “When you add storage to your mix, everything becomes more flexible. You can increase hosting capacity of a transmission circuit without having to build a lot of new facilities. So, it’s easy to think of it as a competitor, but what it really is, is more of an enabler and a partner.”    Jason Burwen, interim CEO of the Energy Storage Association. Read more here.

Also By Jeff Postelwait: Energy Goals: What Does a New Administration Mean for Utilities? A look at the future of energy at the federal and state levels, and how the commercial sector also is a powerful driver for renewables.

ADDITIONAL RECOMMENDED READING

MODEL POLLINATOR-FRIENDLY SOLAR BUSINESS

Solar Power + Bees = Extra Benefit For Massachusetts, by Zachary Shahan, CleanTechnica

Navisun is focused on small utility-scale solar farms and community solar farms. It co-develops, acquires, owns, and operates the solar projects. The two it has just completed, one of which is a community solar farm, are fairly small projects, totaling 3.8 MW of solar power, but the company is just getting rolling and it intends to build and operate many more. 

PRIVATE INVESTMENTS IN RENEWABLE ENERGY

The Future of Private Equity and Solar Energy, contributed by Christopher J. Macklin, Certified Financial Planner (CFP), Solar Magazine

Investments in renewable capacity totaled more than $2.5 trillion between 2010-2019, according to BloombergNEF data. Solar alone drew in half of those funds—$1.3 trillion to be exact—and grew from just 25 GW at the beginning of 2010 to more than 660 GW by the end of the decade. That’s enough energy to power 100 million homes in the U.S. each year. The high volume of capital flowing into the renewable energy sector has increased asset prices. To counter this, private equity firms seeking higher returns are turning to projects under development as opposed to ones already operating.

SALESFORCE

Inside Salesforce’s bold play for supply-chain leadership, by Joel Makower, Chairman & Executive Editor, GreenBiz Group

Last week, the cloud-based software company Salesforce notified its thousands of suppliers that it will include language in all future procurement contracts requiring them, among other things, to set science-based targets to reduce their greenhouse gas emissions. And it set financial penalties for those that don’t. It was an unprecedented and bold move that, if emulated by others and aggressively enforced, could transform companies and markets far faster than any regulation ever could.

Salesforce Report: More Than a Megawatt: Embedding Social & Environmental Impact in the Renewable Energy Procurement Process

TENNESSEE VALEY AUTHORITY

Biden’s TVA appointments offer crucial chance for climate justice, Energy News Network

Biden’s nominations to the board of the Tennessee Valley Authority could help fulfill his climate promise by making TVA a model for how public power can lead the clean energy transition, writes guest commentator Gaby Sarri-Tobar, a campaigner with the Center for Biological Diversity’s Energy Justice program.

SOLAR POWER WORLD 

Students rally for full divestment commitment from NU Board of Regents

By Zach Wendling, The Daily Nebraskan

Aila Ganic and Madison Whitney, Sustain UNL’s president and vice president, respectively, and Divest NU organizers, presented three demands to the university. These include a call on the NU Board of Regents to commit to full divestment of its controlled funds by its August meeting, pass a resolution calling on the NU Foundation to fully divest by the end of the year and create a university-wide working group — that would include students — dedicated to the implementation of divestment and reinvestment in clean energy. The pair also called on NU President Ted Carter and University of Nebraska-Lincoln Chancellor Ronnie Green, who were in attendance at the rally, to step up and hear their call. Read more here.

Photo by Marissa Kraus

Additional Recommended Reading

Students renew call for NU to divest from fossil fuels, by Chris DunkerLincoln Journal Star
On Wednesday, during a blustery rally at the Union Plaza, organizers of Divest NU gathered to celebrate the recent action taken by the Board of Regents to add new criteria to how the university invests endowed funds. Earlier this month, regents approved adding “environmental, social and governance” criteria to its investment decisions for Fund N, roughly $370 million controlled by NU, which will allow the university to consider factors beyond simply making money.

‘Factors other than making money’ to be considered in how NU invests funds,by Chris Dunker, Lincoln Journal Star

The top 5 takeaways from BlackRock head Larry Fink’s 2021 letter to CEOs

Contributor Tim Mohn, Fast Company

For years now, investment management company BlackRock’s CEO Larry Fink writes an annual letter, aimed at other business leaders that is eagerly anticipated by investors, companies—and increasingly—the global sustainability movement.

Having worked in sustainability for more than 30 years, it’s an odd experience to hang on every word of one of the world’s top capitalists. But BlackRock has nearly $9 trillion under management, so its decisions have important implications for the markets, and for the companies in which it owns stock. And Fink’s letters have been pushing sustainability for several years. This year’s letter—when paired with political shifts in Europe and the U.S.—will have an outsized impact. Read more here.

Tim Mohin is the chief sustainability officer for Persefoni AI. Formerly, Tim served as the chief executive of the Global Reporting Initiative and is the author of Changing Business from the Inside Out. He also held sustainability leadership roles with Intel, Apple, and AMD and worked on environmental policy within the U.S. Senate and U.S. EPA. 

Photo: BlackRock CEO Lawrence Fink

Additional Recommended Reading

Biden says tackling climate change will create jobs, bring economic recovery, ABC News
President Joe Biden took a series of actions on climate change on his seventh full day in office, fulfilling campaign promises such as freezing new oil and gas leasing on federal land and kicking off his ambitious agenda to reduce greenhouse gas emissions — making tackling climate change a priority across the federal government.

“Today is climate day in the White House, which means today is jobs day at the White House. We’re talking about American innovation. American products, American labor,” Biden said in remarks at the White House.

“In my view, we’ve already waited too long to deal with this climate crisis. We can’t wait any longer,” Biden said. “We see it with our own eyes. We feel it. We know it in our bones. And it’s time to act.”

What the Biggest Corporate Energy Buyers Want from Federal Clean Energy Policy

By Jeff St. John, Greentech Media

On Monday, a notable subset of the largest U.S. corporations signed on to a statement from the Renewable Energy Buyers Association (REBA), laying out their top federal policy priorities to help them meet their own aggressive decarbonization goals. Among the 34 signatories are tech giants like Amazon, AppleFacebookGoogle and Microsoft, manufacturing heavyweights including Cargill, Clorox and General Motors, and global retail and consumer brands like Disney, Johnson & Johnson, McDonalds, Target and Walmart. Many of these companies have already pledged to zero out their carbon footprints in the next decade or two, whether internally or across their supply chains. Read more here.

ESG & SUSTAINABLE FINANCE

Welcome to a new era of ESG and sustainable finance, by Joel Makower, Chairman and Executive Editor, Green Biz Group

A vast ecosystem is in play. Investors have awakened to the notion that how companies manage environmental and social issues is nearly as key to their risk profile and profitability as are financial fundamentals. Banks and insurers are factoring climate risk and social issues into their products and portfolios, accelerating a shift that’s been gearing up for years.

Companies are warming to a world of deeper transparency and disclosure demands by investors, lenders, customers and others, and are trying to keep up with the dynamic world of standards and frameworks with which they’re being asked to comply. Oh, and it’s the dawn of a new U.S. presidential administration that sees virtue in assertive action on a range of social and environmental issues.

ADDITIONAL RECOMMENDED READING

KELLY SPEAKES-BACKMAN

Biden-Harris Administration picks Energy Storage Association CEO to join senior DoE leadership, Energy Storage News

A former utility commissioner in her home state of Maryland, Kelly Speakes-Backman has been leader of the ESA during a period of fast growth and rapid scale-up for energy storage in the US, with more than 2GW installed during that time.

In a recent interview for Energy-Storage.news, the now former ESA CEO said that the association expected to see at least 3.6GW of storage installed during 2021, and ESA published ‘Vision 2030’ a while ago, citing that the deployment of at least 100GW of energy storage on the grid is both desirable and achievable.

EV CHARGING 

EVgo Seeks $2.6B Public Market Valuation in SPAC Reverse Merger, Greentech Media
The LS Power subsidiary is the second major EV charger company in the U.S. seeking public capital to meet rocketing demand.

HOME HYDROGEN BATTERY

World-first home hydrogen battery stores 3x the energy of a Powerwall 2, New Atlas

To get off the grid with home solar, you need to be able to generate energy when the Sun’s out, and store it for when it’s not. Normally, people do this with lithium battery systems – Tesla’s Powerwall 2 is an example. But Australian company Lavo has built a rather spunky (if chunky) cabinet that can sit on the side of your house and store your excess energy as hydrogen.

SOLAR SCHOOLS

Solar Landscape to Provide Cost-Free Electricity to Asbury Park Schools, Renewable Energy Magazine
Entering into a 15-year Power Purchase Agreement (PPA), Solar Landscape will provide electricity to the Asbury Park School District at no cost for the entire term of the agreement. This will result in a critical cost savings of more than $120,000 a year for Asbury Park schools.

What is a solar power purchase agreement?, Solar Energy Industries Association 

 

FEATURED WIND ENERGY RESOURCES

Wind Workforce Webinar Series Offers Insights, Information, and Solutions
To help industry recruit the best and brightest people and to provide students with the essential resources to set them on a path toward a rewarding career in the wind energy workforce, NREL, in partnership with the Investment Tax Credit (ITC), hosted a three-part Wind Workforce Webinar Series as part of American Wind Week 2020.

KidWind Launches the Power Grid Kit
The KidWind Project recently launched the Power Grid Kit—the first large-scale, functioning grid model that provides educators with a one-of-a-kind opportunity to explore power grid systems and solutions with students of all ages. The kit models the flow of electricity from generation sources like nuclear, coal, natural gas, wind, hydropower, and solar power through substations before being distributed to industrial, commercial, and residential consumers. It also models distributed generation in the form of solar panels and residential wind turbines to demonstrate the broad range of energy options possible in the future.

Source: Department of Energy’s WINDExchange Newsletter

Clean energy should prioritize creating equitable partnerships

Utility Dive article contributed by Lavannya Pulluveetil Barrera,
access and equity program manager at Vote Solar.


Partnerships with frontline communities, communities of color, and low wealth communities are essential to creating a just energy system. It should come as no surprise that those closest to the problem hold the most transformative solutions, yet often the leaders representing those communities are absent from coalition tables pushing clean energy policy, are not heard on main-stage panels at conferences, are not contacted when building projects where people stand to benefit the most from the clean energy transition. Read more here.


PUERTO RICO

White House authorizes $9.6B to rebuild Puerto Rico’s grid, but how can it be spent?, by Robert Walton, Utility Dive

The Trump Administration on Friday announced the Federal Emergency Management Agency (FEMA) authorized $9.6 billion to rebuild Puerto Rico’s power infrastructure — three years after the island’s electric grid was destroyed by Hurricane Maria. Questions remain, however, about how the federal disaster recovery funding can be spent, including whether the money can go towards new distributed generation or must be spent repairing existing infrastructure.

FIRST-EVER SOLAR MORTGAGE REIT

How Solar Investors Can Help Pave The Way For A Green Economic Recovery, Forbes
The writer, a Forbes Councils Member is Co-Founder and CEO of RadiantREIT, targeting institutional investors to build the first-ever solar mortgage real estate investment trust.

SOLAR RACKING & TRACKING INNOVATION

US solar racking industry now innovating, consolidating, PV Magazine
With installers and developers trying to squeeze every kilowatt-hour out of every rooftop and every array, racking and trackers are the unsung heroes that secure and tilt panels, while maximizing output and protecting wiring and other gear.

AMERICAN WIND POWER FACTS

Six Facts to Know About American Wind Power During National Clean Energy Week, Climate Week NYC, REVE

U.S. wind power plays an important role in diversifying America’s energy portfolio, and provides affordable, reliable electricity for millions of Americans.  As we kick off both NCEW and Climate Week NYC and their discussion of common-sense solutions to support economic recovery, here are six things you need to know about wind energy:

WALMART

FACEBOOK’S NEW CLIMATE STRATEGY

Facebook aims to fight climate misinformation and reach net zero emissions by 2030, BusinessGreen article republished by GreenBiz

Following years of criticism for its part in the spread of climate misinformation, Facebook has announced plans for a new virtual Climate Science Information Center that will connect its users to up-to-date science-based climate information. The Climate Science Information Center initially will launch in the United States, United Kingdom, Germany and France and bring together factual resources from the world’s leading climate organizations. The firm announced the launch of the dedicated climate space on its site last week as it announced a new plan to reach net zero emissions from its supply chain, including suppliers, employee commuting and business travel, by 2030. 

TESLA BATTERY DAY

Tesla slashes the price of the Powerpack by 27% on Battery Day

Alternative energy supporters vying for NPPD board

By Molly Hunter, The Columbus Telegram

Voters in Platte County will have a hand in influencing the state’s renewable energy future in November. The Nebraska Public Power District (NPPD) is the Loup Power District’s wholesale power supplier. Eleven seats on the NPPD Board of Directors are up for election this fall. Supporters of alternative energy sources are vying for at least four of those seats, including the one that covers Platte County. Continue reading here.

PREVIOUSLY POSTED

MORE LOCAL NEWS

OPPD board Chairman Craig Moody announces bid for Omaha City Council, Omaha World-Herald
Craig Moody, chairman of the Omaha Public Power District board and co-owner of a small business focused on sustainability, has announced a campaign for District 3, which covers the city’s downtown and midtown areas. Council President Chris Jerram, who currently represents the district, has said he won’t seek reelection.

 

ADDITIONAL RECOMMENDED READING

CALIFORNIA 

US ENERGY STORAGE ASSOCIATION ANNOUNCES NEW GOAL

100GW in 10 years: US Energy Storage Association issues ‘expanded vision’, Energy Storage News

The US national Energy Storage Association (ESA) has adopted a goal for the deployment of 100GW of new energy storage using a range of technologies by 2030, updating a previously set 35GW by 2025 target.
The trade group has nearly 200 industry stakeholder members.

EV CHARGING STATIONS WITH BATTERY STORAGE

Energy storage for EV charging can lower demand charges, Guidehouse reports, Utility Dive

EV charging stations with battery storage systems can make EV charging more cost effective by drawing energy from the grid during low-demand periods and releasing power to charge EVs during peak-demand periods, according to a Guidehouse Insights report. 

SOLAR-POWERED SCHOOLS & CHURCHES

Catholic Energies adding solar to Virginia schools and churches, Solar Power World
The combined projects will generate over 1.6 million kWh of clean electricity each year for decades and save the churches more than $2 million in energy operating costs during the term of their solar agreements.

Why NextEra’s green hydrogen pilot is a big deal

By Christian Roselund, Editorial Director, Rocky Mountain Institute
Republished by GreenBiz

In its recent quarterly results call, U.S. power giant NextEra announced that its utility subsidiary Florida Power & Light (FPL) plans to build a 20-megawatt electrolyzer to produce hydrogen from water. If approved by regulators, the plant will run on power from otherwise curtailed solar and feed hydrogen to burn in FPL’s Okeechobee gas plant.

On the global stage, the scale of this investment does not raise eyebrows. “Green” hydrogen electrolysis plants of a similar scale are underway in a number of other nations, and some are scheduled for completion by the end of this year. In the United States, the Los Angeles Department of Water and Power’s (LADWP) plan to convert its coal-fired Intermountain Power Plant in Utah to a mix of hydrogen and gas will involve a much larger supply of hydrogen from electrolysis. However, what is important is not just the megawatts. Continue reading here.

TENASKA NEWS

2GW pipeline of California battery projects revealed by Capital Dynamics and Tenaska, Energy Storage News. Asset management firm Capital Dynamics has signed a deal with Nebraskan independent power producer Tenaska to develop nine battery energy storage system (BESS) projects located in California’s highest electrical load centers.

NRECA NEWS RELEASE

NRECA, DOE Launch Rural Battery Storage Research Projects, August 17, 2020
The National Rural Electric Cooperative Association (NRECA) today launched four rural battery storage projects in partnership with five electric cooperatives and the Department of Energy (DOE) Office of Electricity. The projects are being funded in part by DOE and will examine how energy storage systems can improve the resilience of critical infrastructure in rural areas. Two of the projects simultaneously will support military installations served by electric cooperatives and will help fulfill Department of Defense energy assurance goals. “This is a great example of how America’s electric co-ops and the more than 95 military facilities that they serve are evolving together,” said NRECA CEO Jim Matheson.

Related News Stories

NRECA Member Co-Ops’ Renewables

MASS-MARKET “ENERGY-AS-A-SERVICE” MICROGRIDS

Schneider Electric and Huck Capital Launch ‘Energy-as-a-Service’ Microgrids for the Mass Market, Greentech Media. A new company, 5D Energy, will pitch no-money-down solar, storage and backup power for small and medium-size C&I customers.

UTILITY DIVE’S “PROPELLING THE TRANSITION” SERIES

GTM ‘S POLITICAL CLIMATE PODCAST

How Texas Turned Green: On this week’s Political Climate, former FERC Commissioner and Chairman of the Texas Public Utility Commission Pat Wood discusses competitive power markets and how a red state became a green energy leader.

GTM’S INTERCHANGE PODCAST

The Wild World of ESG Investing. This week on The Interchange podcast: Can we get environmental, social and corporate governance right?

UPCOMING GREENBIZ WEBCAST

Sustainable Recovery: ESG Values and our Resilient Future, September 15, 12 pm
This one-hour webcast will focus on the principles of sustainable recovery and how ESG-led strategies help organizations successfully navigate the trials of COVID-19 and today’s other complex challenges.

NEW SOLSMART SOLAR + EV GUIDE

SolSmart Report: Solar & Electric Vehicles, A Guide For Local Governments

This new report outlines key strategies including educating community members on the benefits of PV and EVs, organizing group purchase campaigns to support both technologies, providing financial and non-financial incentives on EV and PV regulation, and adjusting local regulations to reduce costs and ease integration.

SEIA NEWS RELEASE

Solar Businesses Offer a Helping Hand to Communities Affected by COVID-19 (Part 3)
With COVID-19 cases still surging in the United States, solar companies continue to step up to make an impact in their communities and help our country #RebuildBetter. Here’s how several solar companies are giving back to their fellow Americans during this crisis.

SEIA Statement on House Climate Plan and Environmental Justice Priorities

News Release, Solar Energy Industries Association

“We strongly support the environmental justice priorities in this plan and the provisions that will lead to greater solar adoption in communities that are often left behind. The report outlines science-based policy recommendations that if enacted, will provide every American with access to the broad opportunities that our industry creates including access to clean, reliable and affordable energy. This is an important starting point and would build on the jobs and economic opportunity that solar energy provides, priorities for both sides of the aisle. We look forward to working with all members of Congress and the Executive Branch to move the substance of this report into bipartisan legislative action.” – Abigail Ross Hopper, SEIA President & CEO

Read more here.

Download the Report
Solving The Climate Crisis: The Congressional Action Plan for a Clean Energy Economy and a Healthy, Resilient, and Just America

Additional Recommended Reading

MORE ON BERKELEY LAB’S NEW SURVEY

US Solar Plants Now Expected to Run for More Than 30 Years: Berkeley Lab, Greentech Media article contributed by Justin Gerdes. The assumed useful life of projects now averages 32.5 years, up from 21.5 years in 2007, according to a canvass of solar project developers, sponsors, asset owners and consultants conducted by researchers at Lawrence Berkeley National Laboratory. At the same time, the industry has managed to slash the costs to operate projects by half, with levelized lifetime operational expenditures falling from an average of $35 per kilowatt-year for projects built in 2007 to $17/kW-year for projects built in 2019 (all kW values shown are direct current, or DC).

BRIDGING AMERICA’S DIGITAL POWER & INFORMATION DIVIDES

Building bridges across the digital power and information divides, GreenBiz article contributed by Tom Baruch. Part 2 in a series. Part 1 is here. The COVID-19 pandemic offers the opportunity to build a positive, equitable future by bridging the digital divide. Improving global connectivity by digitizing and democratizing the information cloud and power grid (bits and watts) will intensify environmental, social and governance (ESG) investing and increase gross domestic product across all industries.

COMPANIES WITH HIGH ESG SCORES

Can Trump trump the ESG juggernaut?, by Joel Makower, Chairman & Executive Director, GreenBiz Group

One constant throughout 2020’s parade of pandemonium is that investing in companies with high environmental, social and governance scores has been relentlessly gaining momentum. The pandemic, the recession, the social strife, the political hyperpartisanship, the growing climate crisis — none of this vertiginousness has knocked ESG funds and investment strategies off their remarkable growth trajectory. This is big. Historically, ESG investing has been sidelined during trying economic times, largely for fear that it would tamp down returns. But recent data has shown quite the opposite: ESG funds are outperforming the overall market.

INSPIRING STORY ABOUT COMMUNITY PARTNERSHIPS

Feeding Families in Need: Renewable Energy Companies Enter the Mix, Food Tank
As U.S. food assistance programs grapple with overwhelming demand during the coronavirus pandemic, some in New England are finding support from unusual partners—renewable energy companies.