ESG Today: Week in Review
This week in ESG news: McKinsey launches energy and materials sector decarbonization hubs; PwC sees 10x growth in ESG practice; Salesforce launches carbon marketplace; HSBC to exit thermal coal investments; GSK set sustainability requirements for suppliers; Walmart invests over $1 billion in renewables, sustainable buildings & circular economy; $1.2 trillion fund asks all portfolio companies to set net zero goals; ECB to use climate scores to decarbonize €387 billion bond portfolio; JetBlue orders sustainable aviation fuel made from captured CO2; ASICS launches low-carbon emissions sneakers, and more.
See below for the highlights of the past week, and get all your ESG news at ESG Today:
Sustainability Goals, Initiatives and Achievements
Amtrak Pledges to Reach Net Zero Emissions Across Network by 2045
Amazon Partners with Matt Damon’s Water.org to Provide Water Access to 100 Million People
Blackstone Commits to Hire 2,000 Refugees Across Portfolio
GSK Unveils Sustainability Requirements for Suppliers
ASICS Launches Low-Carbon Emissions Sneaker
Comcast Pledges to Double Energy Efficiency of Network by 2030
Walmart Allocates over $1 Billion to Renewable Energy, Sustainable Buildings, Circular Economy
Government & Regulators
ECB Introduces Climate Scores to Decarbonize €387 Billion Corporate Bond Portfolio
ESG Services and Tools
McKinsey to Invest $100 Million in Energy Sector Decarbonization Practice
ServiceNow Launches ESG Data Management and Reporting Solution
Measurabl Launches ESG Advisory Services for Real Estate
Fitch Launches ESG Ratings for Labelled Bonds Covering ESG Performance, Impact & Outcomes
Cority Acquires ESG Software and Advisory Services Provider Reporting 21
ESG Investing
AXA IM Launches €500 Million Nature-Based Solutions Strategy
Norway’s $1.2 Trillion Oil Fund Asks all Portfolio Companies to Set Net Zero Goals
HSBC Launches Global Circular Economy Fund
Sustainable Finance
S&P Slashes Sustainable Bond Forecast on Worsening Market Conditions
Private Equity & Venture Capital
S&P Global, Novata Partner to Provide ESG Data to Private Markets Investors
ESG Risk Management Software Provider Datamaran Raises $13 Million
Mirova Raises €1.6 Billion for Energy Transition Fund
Energy Transition
JetBlue Orders 25 Million Gallons of Sustainable Aviation Fuel Made from Captured CO2
Whirlpool to Reach 100% Renewable Energy for U.S. Operations with New VPPA with Engie
P&G Announces its Largest Solar Energy Deal to Date with Engie
Mercedes-Benz to Build Windfarm to Cover 15% of Electricity Needs in Germany
Carbon Markets
Salesforce Launches Carbon Credit Marketplace
TD Securities Launches Carbon Advisory Business
Exec Moves
HSBC Announces Series of Senior Sustainable Finance & Climate-Focused Hires
PwC Appoints Will Jackson-Moore as Global ESG Leader, Anticipates 10x ESG Revenue Growth
Barclays Names Marie Freier as Global Co-Head of Sustainable and Impact Investment Banking