This week in ESG news: Switzerland passes net zero climate law; Republicans launch new attack on ESG investing; EcoVadis ESG ratings study finds improving supply chain sustainability; BCG signs one of largest-ever DAC carbon removal deals; EU lawmakers advance nature restoration law; Biden invests $3 billion in climate resilience; private markets ESG investing surges; Canada, France announce major sustainable aviation technology investments; capital raises for carbon markets, manufacturing decarbonization solutions; Sphera launches portfolio carbon management solution for investors & lenders; Mastercard launches global card recycling program; Intuit commits to net zero by 2040, 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

CPKC, CSX Partner to Convert Diesel Locomotives to Hydrogen

Home Depot Says 85% of Lawn Equipment Sales to be Battery Powered by 2028, Saving 2 Million Tons of Emissions per Year

Intuit Commits to Net Zero Value Chain Emissions by 2040

Bank of America to Address Travel Emissions Through SAF Purchase Program

Mastercard to Roll Out Global Plastic Card Recycling Program

Maersk to Retrofit Container Ships to Run on Green Fuel

BCG Signs One of Largest Ever DAC Carbon Removal Deals

TotalEnergies “Investing Massively” to Scale Sustainable Aviation Fuel Capacity to 1.5 Million Tons by 2030

Government & Regulators

Canada Invests $350 Million in Sustainable Aviation Technology

Biden Announces $2.9 Billion in Climate Resilience Investments

EU Council Announces Agreement on Nature Restoration Law

France’s Macron Commits €300 Million per Year to Decarbonize Aviation

Swiss Voters Approve Net Zero Climate Law

ESG Reporting & Disclosure

Guest Post – Greenwashing, Greenhushing and Greenwishing: Don’t Fall Victim to These ESG Reporting Traps

ESG Services and Tools

Sphera Launches Solution Enabling Investors, Lenders to Measure & Manage Portfolio Emissions

Finastra, Green RWA Launch Climate Risk Management Platform for Banks

Boeing Launches Tool to Track Global Sustainable Aviation Fuel Production Capacity

Accenture Invests in VR-Based DEI Training Platform Praxis Labs

ESG Investing

Republicans Launch New Attack on ESG Investing

LGIM Sets Climate, Biodiversity & Lobbying Expectations for “Dial Mover” Companies

MAPFRE Launches €100 Million Biomethane Fund

Sustainable Finance

UK, France, Launch Initiative to Scale Biodiversity Credits Market

Private Equity & Venture Capital

Carbon Removal Marketplace Supercritical Raises $13 Million

AI Tech Startup Fero Labs Raises $15 Million to Drive Manufacturing Decarbonization

Blackstone Backs NIPSCO’s Coal to Renewables Transition with $2.4 Billion Investment

Reports, Studies & Surveys

Private Markets ESG Fundraising Surges 3x from 2020 – 2022: Preqin

Supply Chain Sustainability Gaining Momentum: EcoVadis