ESG Today: Week in Review
This week in ESG news: SEC unveils proposed rules for mandatory climate reporting; Canada issues inaugural $5 billion green bond; Larry Fink says war will accelerate net zero energy transition; IFRS & GRI agree to align sustainability disclosure standards; HSBC grows sustainable finance & investing teams; DHL announces two of the biggest-ever sustainable aviation fuel deals; Goldman raises climate reporting expectations for portfolio companies; ING plans major boost in renewable financing; emerging carbon marketplaces announce collaboration; Nuveen survey finds investors on the hunt for climate opportunities; Moody’s expands ESG integration into credit scores, 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
Metlife Commits Over $2.5 Billion to DEI Initiatives
Loblaw Sets Net Zero Commitment Across Full Value Chain
Dow Announces Strategic Investment in Advanced Plastics Recycling Startup Plastogaz
Keurig Dr Pepper Commits to Achieve Net Positive Impact in Water-Stressed Basins
Eni, Air Liquide Target Hard-to-Abate Industries with Carbon Capture Solutions
Electrolux Sources Lower Emissions Fuels for 25% of its Ocean Shipping
Government & Regulators
The SEC Unveils Proposed Climate Disclosure Rules
ESG Reporting & Disclosure
Sustainability Reporting Frameworks Converging: IFRS, GRI Agree to Align Disclosure Standards
Goldman Sachs Raises Climate Reporting Expectations for Companies
MAS, CDP Launch Sustainability Disclosure & ESG Data Access Collaboration
ESG Services and Tools
ISS ESG Launches Water Risk Ratings
Moody’s Integrates ESG into Credit Scores for Airlines, Restaurants, Gaming Companies
AMX Launches Climate Reporting Hub for Pensions Funds
Swiss Stock Exchange Operator SIX to Provide ESG and EU Taxonomy Data from Sustainalytics
ESG Investing
Amundi Moves ESG ETF Suite to Track Paris Aligned Benchmarks
BNY Mellon Launches Actively Managed ESG Bond ETF
Federated Hermes Launches Biodiversity Fund with London’s Natural History Museum
Sustainable Finance
Canada Issues Inaugural $5 Billion Green Bond
ING Plans Major Boost in Renewable Energy Finance, Exits Financing of New Oil & Gas Projects
Private Markets & Venture Capital
Goldman Sachs Leads $140 Million Financing of Sustainable Cold Chain Packaging Company TemperPack
China’s NIO Capital Raises $400 Million for Decarbonization & Digitalization-Focused Venture Fund
Carbon Markets
Energy Transition
BlackRock CEO Says War Will Accelerate Long Term Clean Energy Transition
DHL Announces Major Sustainable Aviation Fuel Deals with bp, Neste
bp Plans £1 Billion Investment to Build Out UK EV Charging Network
Stellantis, LG to Launch $4 Billion EV Battery Plant in Canada
Air Liquide Plans Billions in Hydrogen Supply Chain Investments
bp Enters Accelerating Japan Offshore Wind Market
Exec Appointments
HSBC AM Builds Out Sustainable Investing Team with New Senior Hires
abrdn Appoints Amanda Young as Chief Sustainability Officer, Leading New Sustainable Investing Team
Renewable Energy Investor Low Carbon Taps Tech Veteran Ed Colligan to Support Americas Expansion
