ESG Today: Week in Review
This week in ESG news: Microsoft launches new multi-framework ESG reporting solution; Goldman Sachs exits Climate Action 100+ as political pressure builds; World Bank issues bond with interest linked to reforestation-based carbon removals; GM signs its largest-yet renewable energy deal; Texas expands its divestment list of financial companies “boycotting” energy companies; Canada invests $100 million in carbon capture tech provider; EQT acquires sustainability and performance software provider AMCS; Alaska Airlines invests in sustainable aircraft developer; StanChart launches ESG-linked cash accounts; capital raises for industrial sustainability, factory optimization, circular materials battery tech solutions, 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
GM Signs its Largest Renewable Energy Deal
KLA Sets New 2030 Scope 3 Goal to Reduce Emissions from Use of Products
Meta Signs PPAs with RWE to Power Data Centers, Offices from New U.S. Solar Farms
Alaska Airlines Invests in Sustainable Aircraft Developer JetZero
Rio Tinto, BHP, Qantas Invest $53 Million in New Nature-Based Carbon Credit Fund
ESG Reporting
Microsoft Unveils New Multi-Framework ESG Reporting Solution
Government & Regulators
Texas Adds NatWest to Divestment List for “Boycotting” Energy Companies
ESG Services and Tools
Honeywell Launches New Tool to Help Mid-Market Hotels Cut Carbon Emissions
EQT Acquires Majority Stake in Performance and Sustainability Software Solutions Provider AMCS
Sustainable Finance
World Bank Issues $225 Million Bond with Interest Tied to Carbon Removals from Amazon Reforestation
Standard Chartered Rolls Out ESG-Linked Cash Accounts for Corporate Clients
Private Equity & Venture Capital
Canada Growth Fund Invests $100 Million in Carbon Capture Solutions Provider Svante
Ambercycle Raises $10 Million for Circular Materials Plant from Shinkong
Battery Tech Startup Gaussion Raises $12 Million to Scale Rapid Charging Solution
Sustainable Investing
Goldman Sachs Asset Management Exits Climate Action 100+
Exec Moves
AESG Appoints Devan Valenti as Director of Sustainability for New Australia Practice