ESG Today: Week in Review
This week in ESG news: EU lawmakers adopts corporate sustainability reporting rules; Biden unveils requirements for federal suppliers to report emissions, set climate goals; India prepares for inaugural green bond offering; IKEA Foundation commits $600 million for climate funding; UN-backed experts propose rules for net zero commitments; Sustainable bonds reach record share of market; Republican senators warn law firms about advising clients on ESG; UK proposes disclosure requirements for net zero transition plans; CFA Institute, ACCA launch climate finance course; EU ramps emissions reduction requirements for buildings, agriculture & transport; Volvo ships first trucks with net zero steel, 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
IKEA Foundation to Deploy $600 Million in Climate Funding
Volvo Delivers First Trucks Containing Fossil-Free Steel
UN Expert Group Proposes Rules for Net Zero Commitments
Hotel Chain Iberostar Commits to be Carbon Neutral by 2030
Government & Regulators
Biden Unveils Rule Requiring Federal Suppliers to Disclose Emissions, Set Climate Targets
EU Lawmakers Ramp Emissions Reduction Requirements for Road, Ag and Buildings Sectors to 40% by 2030
U.S. Launches Nature Based Solutions Strategy to Fight Climate Change
Republican Senators Warn Law Firms About Advising Clients on ESG
Sunak at COP27: UK to be a “Clean Energy Superpower”
ESG Reporting & Disclosure
EU Lawmakers Adopt Corporate Sustainability Reporting Rules
Guest Post: Why CFOs Need to Start Leading ESG Reporting, Now
UK Unveils Disclosure Framework for Net Zero Transition Plans
Apollo, Oak Hill Launch ESG Disclosure Initiative for Private Credit Market
CDP to Integrate IFRS’ Climate Disclosure Standard
Guest Post: Global Agreement on Sustainability Reporting has Never Been so Close, or More Urgent
ESG Services and Tools
Deloitte, Persefoni Partner on Carbon Measurement Solutions for Banks & Insurers
CFA Institute, ACCA Partner to Launch Climate Finance Course
Cognizant Launches ESG Data and Analytics Solution
CBOE, Luxembourg Stock Exchange Acquire Stake in Sustainability Data Provider Util
Moody’s Looks to Launch Scores of Corporate Net Zero Transition Plans
ESG Investing
Net Zero Asset Managers Initiative Hits $66 Trillion AUM
Lombard Odier Launches Fund Targeting Carbon Market Opportunities
DWS Launches U.S. Equity Dividend, Growth and Value ESG ETFs
Sustainable Finance
India Prepares to Issue Inaugural Green Bond
Sustainable Bonds Hit Record Share of Global Bond Issuance: Moody’s
Private Equity & Venture Capital
KKR Invests $400 Million in India-Based Industrial Decarbonization Platform Serentica Renewables
Energy Transition
EU to Double Renewable Energy Deployment to 100 GW Next Year: von der Leyen
Exec Moves
CPP Investments Appoints Richard Manley as Chief Sustainability Officer
Credit Suisse Appoints Nisha Long to Lead New Sustainability Research Team
Vontobel Hires Lombard Odier AsiaPac CIO Nakamura to Lead Sustainable Equities Boutique
