Commercial | Page 72

Princeton University announced its Board of Trustees voted to divest the endowment from all publicly traded fossil-fuel companies, including Exxon Mobil and Dominion Energy.

Bank of America, Citigroup, Goldman Sachs, JPMorgan Chase, Morgan Stanley and Wells Fargo are participating in a pilot project with the Federal Reserve.

WinCo Foods, a family of 138 employee-owned grocery stores, announced the opening of the first EVgo public fast charging station for the grocery store chain in Nevada and in two additional WinCo Food locations in California.

Fagron, a pharmaceutical compounding company, announces that it has committed to set science-based emission reduction targets and have these validated by the Science Based Targets initiative (SBTi).

United Rentals announced an agreement with Ford Motor Company to add EVs to its fleet for use by the company’s sales, service and delivery personnel.

The Timken Company, a global provider of engineered bearings and industrial motion products, announced a goal to reduce aggregate Scope 1 and Scope 2 GHG emissions intensity by 50% by 2030.

Hertz and bp announced the signing of a memorandum of understanding (MOU) for the development of a national network of EV charging stations powered by bp pulse, bp’s global electrification and charging solution brand.

Salesforce, a global CRM company, introduced Net Zero Marketplace, a platform that makes carbon credit purchases simple and transparent, allowing organizations to accelerate climate positive impact at scale.

Amtrak pledged to achieve net-zero GHG emissions across the Amtrak Network by 2045.

In just the past two months, record-shattering torrential rains have wreaked havoc on homes and businesses in Texas, the west coast and the Midwest, along with Pakistan, Australia, China and other parts of the globe. Mindy Lubber, President and CEO of Ceres, explains why these and other financial impacts from the systemic climate trends are hugely relevant as the U.S. Securities and Exchange Commission considers its next move in its push to significantly strengthen corporate climate disclosure rules.