Australia’s big four banks to stop lending to thermal coal mining and coal-fired power plants
The Commonwealth Bank, ANZ, Westpac, and National Australia Bank are closing their books on fossil fuel financing in response to shareholder pressure.
Business
This archive collects stories about businesses — from startups and local enterprises to multinational corporations — taking meaningful action on social, environmental, and economic challenges. These reports highlight moments when commerce and accountability intersect in constructive ways.
The world’s first all-electric tugboat to sail in 2023
Crowley Maritime Corporation recently revealed their design for eWolf — the world’s first all-electric harbor tugboat, due to hit the water over the next two years.
Moderna starts human trials for its revolutionary HIV vaccine
The clinical trials will start on August 19 and end sometime around spring 2023, according to the National Institutes of Health’s trial registry. They will involve 56 HIV-negative participants aged 18 to 56.
Dole and Piñatex are partnering to scale up vegan leather production
Piñatex turns pineapple leaves into vegan, petroleum-free leather products. Now, Piñatex will have access to waste leaves from Dole’s Philippines farm, one of the largest pineapple plantations in the world.
Tesla claims 92% battery cell material recovery in new recycling process
For years now, Tesla has been working with third-party recyclers to recover materials from their end-of-life battery packs. But the automaker has also been working on its own “unique battery recycling system.“
‘Big Three’ automakers join Biden in electric car promises
Ford, GM, and Stellantis (including its subsidiary Chrysler) have vowed that up to 50% of their car sales will be electric by 2030.
Walmart to pay 100% of college tuition plus books for its workers
Walmart will be investing nearly $1 billion over the next five years to help roughly 1.5 million part-time and full-time Walmart and Sam’s Club associates in the U.S. earn college degrees or learn trade skills.
Bayer to pull glyphosate products, including Roundup, from U.S. home and garden market
In 2015, the World Health Organization declared that glyphosate is “probably carcinogenic to humans.” Bayer now faces tens of thousands of legal claims from U.S. customers.
Psychedelics company approved for PTSD therapy study using MDMA in Canada
During the study, research, medical, and therapist staff at Numinus will collect data on the safety and effectiveness of MDMA-assisted therapy to inform Health Canada and support making MDMA-assisted therapy available to individuals living with PTSD in Canada.
Walmart launching its own low-cost insulin to ‘revolutionize’ affordability for diabetics
The retailer claims its insulin options will save customers between 58% to 75% compared to branded products.