ESG Today: Week in Review
This week in ESG news: BlackRock’s Larry Fink’s letter to CEOs highlights net zero opportunity, sustainability reporting; Refinitiv makes ESG scores available for free; GM rocks automotive world with net zero, electrification plans; Biden announces key climate actions; UBS forecasts new wave of sustainable finance; Accenture & Salesforce collaborate to bring ESG data to the C-suite; Sustainable finance innovation in forex derivatives, 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 Targets Carbon Neutrality by 2040, Aims to Eliminate Tailpipe Emissions
KPMG Consolidates Sustainability Commitments with Launch of Comprehensive ESG Plan
Estée Lauder’s Travel Retail Unit Sets New Sustainability Targets
EY Establishes New Climate Goals Including Carbon Negative in 2021, Net Zero in 2025
Scotch Whisky Industry Launches New Sustainability Strategy
Government, Regulators and Politics
Biden Outlines Key Actions on Climate, Pauses New Oil & Gas Leases on Public Lands and Offshore
Kerry Pledges ‘Significant Investments’ in Climate Action
Reporting and Disclosure
UK’s DWP Releases Results of Consultation on Upcoming Climate Reporting Rules for Pension Schemes
UNEP FI and EBF Test Applicability of EU Taxonomy to Banks and Their Products
Sustainable Finance
Crédit Agricole CIB, Enel Partner on Sustainability-Linked Forex Derivatives
BIS Launches Green Bond Fund for Central Banks, ECB to Invest
Energy Transition
Boeing to Deliver 100% Sustainable Fuel Capable Planes by 2030
Intersect Power Raises $600 Million for Expansion into Clean Infrastructure
ESG Services and Tools
Refinitiv Provides Free Access to Company ESG Scores
Accenture and Salesforce Partner to Bring ESG Data to the C-Suite
Broadridge, Third Economy Launch ESG Advisory Service for Issuers, Asset Managers
Enverus Launches ESG Benchmarking and Scoring Analytics Platform for Energy Industry
Investor Engagement
Climate Action 100+ Develops Aviation-Focused Sector Strategy to Guide Investor Engagement
Funds and Investors
Larry Fink Letter Highlights Net Zero Transformation Opportunity, Centrality of Data and Disclosure
Fidelity Launches ESG Investing Solution for Advisors
UBS Surpasses Impact Investment Goals, Anticipates New Wave of Growth in Sustainable Finance
Exec Appointments
NN Investment Partners Announces Senior Hires for Sustainable & Impact Equity Team
Eurazeo Hires Sustainable Infrastructure-Focused Investment Team
Reports, Studies & Surveys
Aon: Damage from Natural Disasters Reach $268B in 2020, Climate Change Driving Increases