This week in ESG news: IFRS chief says sustainability reporting standards to be released in June; Fed launches climate risk exercise for big banks; BlackRock CEO says inflows are 100x anti-ESG outflows; Deloitte survey finds nearly all top execs see climate initiatives impacting strategy; Lenovo pledges to decarbonize value chain; BofA CEO says sustainable finance business growing despite market turmoil; UK bans single-use plastics; AXA launches climate training for professional services firms; Danone commits to tackle key source of methane emissions; Nordea launches new climate and environment team; capital raises for decarbonized building materials, sustainable lithium tech, 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

Lenovo Commits to Net Zero Emissions Across the Value Chain by 2050

Danone Launches Plan to Address Methane Emissions From Dairy Supply Chain

Pfizer to Offer Full Portfolio of Medicines to 1.2 Billion People in Lower-Income Countries on Not-for-profit Basis

Fidelity Commits $250 Million to Support Access to Education for Underserved Students

Red Hat Commits to Net Zero Emissions by 2030

Holcim Granted €328 Million by EU for Building Materials Decarbonization Projects

Henkel Sources Renewable Ingredients to Replace Fossil Feedstocks for Key Laundry Brands from Shell

Trafigura Commits to Buy 50,000 Tons of Carbon Removal Credits to Help Develop Market

Guest Post: Companies Turn to Sustainability for Long-Term Growth and Cost Savings

Government & Regulators

Fed Launches Climate Risk Exercise for Big Banks

Republican Politicians Target Proxy Firms ISS, Glass Lewis over ESG

UK Bans Single-Use Plastic Plates and Cutlery

ESG Reporting & Disclosure

IFRS Chair: Global Sustainability and Climate Reporting Standards to be Released in June

Guest Post: Europe’s Corporate Disclosure Landscape Has Taken a Big Leap Forward – How Business Leaders Can Keep Their Footing

ESG Services and Tools

S&P, UNEP Launch Methodology to Measure Companies’ Nature & Biodiversity Risk

AXA Launches Decarbonization Training to Upskill Professional Services Firms

ESG Investing

Larry Fink Says BlackRock Inflows Are 100x Anti-ESG Outflows Despite Political Backlash

Sustainable Finance

Bank of America CEO: Sustainable Finance Demand Increasing Despite Macro Headwinds

Nordea Launches Climate and Environment Team to Drive Net Zero Strategy

WEF Launches Initiative to Channel $3 Trillion per Year to Tackle Climate Change & Nature Loss

Private Equity & Venture Capital

Cleantech Startup Summit Nanotech Raises $50 Million from Climate Investors for Sustainable Lithium Solution

Climate Tech Startup Sublime Raises $40 Million for Solution to Decarbonize Cement

Energy Transition

ANA Announces Large-Scale Sustainable Aviation Fuel Supply Deal with Raven SR

Rolls-Royce Tests Power Plant Engine on 100% Hydrogen

Honda, LG Launch $4 Billion JV to Build EV Batteries in U.S.

Verizon Surpasses 3GW Projected Renewable Energy Capacity with New Large-Scale Purchase Deals

VARO Energy to Build one of Europe’s Largest Biogas Plants

UAE to Europe Green Hydrogen Supply Chain Planned by Masdar, Dutch Companies

Exec Moves

Prudential Appoints Diana Guzman as Director of Group ESG

Reports, Studies & Surveys

97% of Top Execs Expect Climate Change to Impact Company Strategy & Operations: Deloitte Survey