ESG Today: Week in Review
This week in ESG news: New anti-ESG reporting & investing laws introduced by U.S. Republicans; IOSCO calls on regulators to integrate new ISSB sustainability disclosure rules; India announces ESG fund disclosure & investment rules; Walmart, PepsiCo invest in sustainable agriculture; SAP asks suppliers to report emissions; Vanguard hit with greenwashing suit in Australia; Canada phasing out government fossil fuel financing; Goldman Sachs launches sustainable bond funds; capital raises for EV charging software, sustainable aviation, green building solutions; new EU laws to cut transport, vehicle, energy emissions, 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
Heineken Invests $30 Million in Low Carbon Heat Network to Reduce Emissions
Home Depot Commits to Reduce Emissions from Sold Products by 25% by 2030
Walmart, PepsiCo to Invest $120 Million in Regenerative Agriculture
Global Automakers to Build EV Charging Network Across U.S., Canada
Meyer Burger to Build 2 GW Solar Cell Plant in U.S.
TotalEnergies Acquires $4 Billion Renewables Developer Total Eren
Equinor Acquires Brazilian Renewable Energy Company Rio Energy
SAP Asks Top Suppliers to Report Product-Level Emissions by 2027
UK Court Rejects Attempt to Revive Climate Lawsuit Against Shell Directors
Government & Regulators
Republicans Propose New Series of Anti-ESG Reporting and Investing Laws
Australia Regulator Launches Greenwashing Suit Against Vanguard
EU Council Adopts Laws Aimed at Cutting Emissions from Transport, Vehicles, Energy Consumption
Canada to Phase Out Public Fossil Fuel Financing
India Announces New Disclosure & Investment Rules for ESG Funds
ESG Reporting & Disclosure
IOSCO Calls on Regulators to Incorporate New IFRS Sustainability Reporting Standards
ESG Services and Tools
WTW Launches New Tool to Boost Board-Level Climate Skills
ESG Investing
Goldman Sachs Launches New Green and Impact Bond Funds
TCW Acquires Engine No. 1’s Sustainable Transformation-Focused ETF Business
Sustainable Finance
Guest Post: Climate Change, Extreme Weather Driving Insurance Urgency
Private Equity & Venture Capital
EV Charging Optimization Software Startup ev.energy Raises $33 Million
Energy Storage Startup Field Raises £200 Million
MassMutual Commits Over $500 Million to Renewable Energy Developer Low Carbon
United Raises $200 Million for Sustainable Aviation Venture Fund
Climate Tech Startup Aeroseal Raises $67 Million to Tackle Building Emissions