ESG Today: Week in Review
This week in ESG news: The U.S. returns to the Paris Agreement on Biden’s first day in office; new ESG reporting tools emerge as disclosure requirements loom; UK asset owners call for big increase in funding for climate action; Moody’s launches ESG scores for sovereign credit; Lyxor measures the ‘temperature’ of investment funds; Korean regulator mandates ESG reporting for listed companies; more M&A in the energy transition space; 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
Nestlé Launches Increased Sustainability Efforts at Nescafé
Fifth Third Announces Achievement of Carbon Neutrality
Government, Regulators and Politics
U.S. Re-Enters The Paris Agreement
Reporting and Disclosure
Diginex Launches SaaS Solution for Simplified ESG Reporting
Apex Launches Toolset For Asset Managers to Comply with Upcoming EU SFDR Requirements
ISS ESG Launches Solution to Assess EU Taxonomy Alignment Ahead of New Reporting Requirements
Korea Financial Regulator Calls for Mandatory ESG Reporting for KOSPI-listed Firms
GRI Supports EFRAG Proposal to Form Separate Pillar for Non-Financial Reporting
Energy Transition
Aker Extends Reach into Renewable Energy With Acquisition of Mainstream Renewable Power
Total Acquires Stake in India-based Solar Developer Adani Green Energy
ESG Services and Tools
Lyxor Enables Assessment of Funds’ Climate Impact with Launch of Temperature Scores
Moody’s Launches New Scores for Sovereigns Measuring ESG Impact on Credit
ACA Compliance Group Launches ESG Advisory Practice
Investor Engagement
UK Asset Owners Call for ‘Substantially More Funding’ for Climate Action
Funds and Investors
S&P DJI Launches ESG Aligned Index Series with Targeted Risk Allocations
Schroders Completes ESG Integration Process, Now Looking to Understand Impact of Investments
Nuveen Acquires Clean Energy Infrastructure Fund Manager Glennmont Partners
Exec Appointments
Credit Suisse Builds Out ESG Strategy Team with Series of New Hires
LaSalle Announces New ESG Hires Including David DeVos as Global Head of ESG