ESG Today: Week in Review
This week in ESG news: Biden vetoes Republican anti-ESG resolution; EU proposes “green claims” rules to protect consumers from greenwashing; Kering commits to emissions reduction across value chain; Microsoft signs direct air capture carbon removal deal; BlackRock to continue engaging companies on climate & emissions; Biden announces $250 million for building decarbonization; first-ever zero carbon footprint shoe unveiled; capital raises for supply chain sustainability, transport decarbonization solutions; EU lawmakers reach deal on rules to decarbonize shipping, 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
Microsoft Signs Deal for Direct Air Capture Carbon Removal
Chubb to Require Methane Emissions Reduction Plans from Oil & Gas Clients
Chipotle Ties Executive Pay to Circular Economy, Diversity, Local Food Sourcing Goals
Allbirds Unveils First-Ever Zero Carbon Footprint Shoe
Guest Post: Powering Up New Leadership for a Changing Energy Environment
TotalEnergies Strengthens Target to Reduce Emissions from Use of Oil Products
Google, LevelTen Pilot Process to Accelerate Clean Energy Purchase Deals by 80%
Kering Commits to 40% Absolute Emissions Reduction Across Value Chain
Government & Regulators
Biden Announces $250 Million Funding to Decarbonize Federal Buildings
ECB Discloses Decarbonization Progress of €385 Billion Corporate Bond Portfolio
EU Lawmakers Announce Deal to Decarbonize Maritime Shipping
EU Launches Green Claims Rules to Protect Consumers from Greenwashing
FCA Warns of “Widespread Failings” in ESG Benchmarks
Biden Vetoes Anti-ESG Resolution
ESG Reporting & Disclosure
IASB Explores Improvements to Climate-Related Disclosure in Financial Statements
ESG Services and Tools
ESG Investing
BlackRock to Continue Engaging with Companies on Climate Strategy, Emissions Targets
Private Equity & Venture Capital
Heavy Transport Decarbonization Startup Amogy Raises $139 Million
EQT Invests €100 Million in Supply Chain Sustainability Software Startup IntegrityNext
Exec Moves
Franklin Templeton Hires James Andrus for New Senior Sustainability & Stewardship Role