ESG Today: Week in Review
This week in ESG news: London Stock Exchange launches voluntary carbon market; PwC study finds boards lack strong grasp of ESG strategy & risks; Mercedes-Benz secures €11 billion sustainability-linked loan tied to climate goals; TCFD report finds more companies providing climate disclosure; American Airlines invests in hydrogen aviation fuel solutions provider; BlackRock launches website to address anti-ESG campaigns; Switzerland launches inaugural green bond; impact investing passes $1 trillion dollar mark; Microsoft launches Scope 3 emissions tracking solutions; ESG investments soaring as demand outpaces supply, 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
Major Emitters Progressing on Climate Goals, But Lagging on Decarbonization Strategies: CA100+
Stellantis Aims for $2 Billion Revenues from New Vehicle Recycling and Reuse Business
London Stock Exchange Launches Voluntary Carbon Market
Guest Post: Why Biodiversity Risk is a Business Risk
PwC Survey: More Than Half of Boards Lack a Strong Understanding of ESG Strategy or Risks
Government & Regulators
Switzerland Issues Inaugural $766 Million Green Bond
ESG Reporting & Disclosure
TCFD Update Finds More Companies Providing Climate-Related Disclosure, Driven by Investor Demand
ESG Services and Tools
Microsoft Launches Solutions Enabling Scope 3 Emissions Tracking & Analysis
ESG Investing
Impact Investing Passes $1 Trillion for First Time: Report
BlackRock Launches ESG Bond Fund with £500 Million Investment from Scottish Widows
HSBC Launches USD ESG Money Market Fund
PwC: ESG Investments Soaring as Demand Outstrips Supply
BlackRock Launches Website to Address Energy Boycott Claims
Sustainable Finance
Mercedes-Benz Secures €11 Billion Sustainability-Linked Loan Tied to Climate Goals
Private Equity & Venture Capital
Lightrock Raises €860 Million for Inaugural Climate Impact Fund
Apollo Commits $300 Million to Back Plastics Recycling Company Circulus
Mirova Invests €100 Million in EV Charging Startup Zunder
Energy Transition
Honda Unveils Over $4 Billion Investments in US EV and Battery Production
GM Extends All-Electric Strategy to Homes, Businesses with New Energy Management Division
Verizon to Source 100MW of Renewable Energy from New Solar Project
American Airlines Invests in Aviation-Focused Green Hydrogen Startup Universal Hydrogen
Hy24 Raises $2 Billion for Clean Hydrogen Infrastructure Fund
Exec Moves
Singapore Central Bank and Regulator MAS Appoints Gillian Tan as Chief Sustainability Officer
