GreenBiz Group’s Post

Teams that VERGE together...surge together? 🧐...Yes! Surge to new heights and scale your organization's decarbonization goals at the top climate tech event, #VERGE24 (Oct. 29-31, San Jose). Our Group Package enables your organization to send an unlimited number of employees across functions and business units to VERGE 24 at a simple, flat rate. 🔗 Secure your Group Package now before rates increase August 9: https://buff.ly/3XMBWVP

🤔 According to the newly released Sustainability Leaders 2024 Survey, one-third of sustainability experts point to legislative action as the most significant positive development related to the sustainability agenda in the last year. New article by Tove Malmqvist of GlobeScan: https://buff.ly/3VQGecn

Did you miss the announcement of our 2024 GreenBiz 30 Under 30? These rising stars of sustainability are worth continuing to celebrate 🎉 🔗 Get to know them here: https://buff.ly/4ergVpK 💫 Kayalin Akens-Irby, Planet FWD  💫 Alex Authie, Associate, AMA Group  💫 Sneha Balasubramanian, Cisco  💫 Raunak Barnwal, J.P. Morgan (London) 💫 Ngozi Chukwueke, SCS Global Services  💫 Tin Dalida, Wovoka 💫 Dan Dinh, The Estée Lauder Companies 💫 Edward Freer, London Stock Exchange Group 💫 Hannah Friedman, Planeteer Capital in New York 💫 Holly Funk (Berman), Norwegian Cruise Line Holdings 💫 Vincent Gauthier, Environmental Defense Fund  💫 Nicoline Good, BlackRock  💫 Peter Harrison, Gensler  💫 Maile Hartsook, Brown-Forman  💫 Isabella Horstmann, JetBlue Airways  💫 Arshiya Lal, Circ  💫 Andrew Loranger, Host Hotels & Resorts  💫 Pedro Alexandre Martins, HelloFresh  💫 Kermith Morales Moguel, United Nations Global Compact  💫 Marcela Mulholland, Carbon Removal Alliance 💫 Charles O., EY  💫 Colton Orr, Gladstein, Neandross and Associates 💫 Daniel (Ye Chan) Park, HOK  💫 Sarah Reice, Anthropologie 💫 Kaity Robbins, Whole Foods Market  💫 Jess Roberts, Sylvera  💫 Campbell Weyland, Lowe's Companies  💫 Michael Wong, Ferguson  💫 Angelica Wright, GRID Alternatives  💫 Christy Zakarias, Barclays ✍️: Elsa Wenzel, GreenBiz 🎨: Sophia Davirro, GreenBiz P.S. Some of these incredible people are also past GreenBiz Emerging Leaders! Want to know more about the Emerging Leaders Program led by Bryan Lewis? Learn more and apply for our next #VERGE24 cohort here: www.greenbiz.org.

Running Tide, a carbon removal startup that signed 25 customers including Microsoft, Shopify and Stripe, is shutting down after failing to secure more financial backing. The announcement by CEO Martin Odlin in a June 14 post on LinkedIn came just three months after Running Tide touted a successful trial that sequestered 21,000 metric tons of carbon dioxide in biomass sunk deep in the Icelandic ocean. Its early customers received offset credits for that work. Ultimately, the company’s two dozen customers weren’t enough to attract the additional funding Running Tide needed to scale up. There is interest in Iceland, Norway, Japan and Canada, but more clients are necessary, particularly from companies in the U.S. “The problem is the voluntary carbon market is voluntary, and there simply isn’t the demand needed to support large-scale carbon removal,” Martin Odlin wrote on Linkedin. Read the full article by Heather Clancy.

Republicans don’t like the Inflation Reduction Act, but it’s popular with investors and the states: https://buff.ly/4cmBYIs Article by Leah Garden.

To fully capture the #circulareconomy opportunity and trigger catalytic unlocks for the entire market, finance must break out of silos and think innovatively. Article by Emma Elobeid: https://buff.ly/45T43oy

An ‘inflection point’ for AI: Google reports 13% emissions increase fueled by AI. Article by Heather Clancy: https://buff.ly/4crrEPr

Friday read: Deals with Microsoft, Shopify and Stripe fail to keep carbon removal startup alive. Article by Heather Clancy: https://buff.ly/4cM377y

🌱 Blacks In Green's Sustainable Square Mile system implements their 8 Principles of Green-Village-Building introduced in 2007 to achieve BIG’s theory of change: that only a whole-system solution can transform the whole-system problem common to Black communities everywhere; that ultimately self-sustaining Black communities everywhere would change the narrative of what it means to be Black in America; and that our communities would thereby become synonymous with beauty, prosperity, comfort, and joy. In May, Naomi Davis, Founder and CEO of Blacks in Green joined #Circularity24 to explain how Blacks in Green’s Sustainable Square Mile system is building thriving communities.

From MRI machines and moonwalks, to penicillin, plastic and the printing press — anything is possible when innovation meets finance. Yet the pursuit of economic and technological advancement has brought new challenges — climate change, biodiversity loss, waste and pollution. Progress, per se, isn’t the problem. The triple planetary crisis isn’t a direct consequence of human development, but of the way in which it has been handled in a historical (and current) take-make-waste economic model. We have a solution — or, rather, many interconnected solutions, which now need knitting together… Article by Emma Elobeid: https://buff.ly/45T43oy