ESG Today: Week in Review
This week in ESG news: EY, Microsoft launch green skills training program; KPMG survey finds three quarters of companies not ready for upcoming ESG assurance requirements; BlackRock’s new climate transition-focused private debt fund; Austrian Airlines found guilty in greenwashing case; asset owners continuing to increase allocations to ESG investments according to new study; new EU rules to eliminate 500 million tonnes of GHG emissions; capital raises for green hydrogen, clean energy tech, energy transition infrastructure; new European Green Bond Standard approved by EU lawmakers, 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
Coca-Cola Launches 100% Recycled Plastic Bottles in India
Oxy, ADNOC Partner on Potential Megaton-Scale Carbon Capture Facility in UAE
Hormel Foods Commits to Value Chain Emissions Reduction
Guest Post: The Bonds Between E, S and G are Stronger and More Important Than Ever Before
Nissan to Launch Only All-Electric Car Models in Europe Starting Now
EY, Microsoft Launch Green Skills Training Program
Nestlé Launches Program to Provide Climate Risk Insurance to Coffee Farmers
Bacardi to Cut Emissions from Rum in Half with New Heat & Power System
Saint-Gobain Signs 15-Year Solar Power Supply Agreement to Decarbonize Industrial Sites
Government & Regulators
EU Lawmakers Agree on Rules Eliminating 500 Million Tonnes of GHG Emissions
EU Launches Anti-Dumping Investigation Against Chinese Electric Vehicles
Austrian Airlines Found Guilty in Greenwashing Case over Carbon Neutral Flight Claims
EU Market Regulator Finds 4x Increase in Use of ESG Language in Fund Names
ESG Reporting & Disclosure
75% of Companies Not Ready for Pending ESG Data Assurance Requirements: KPMG Survey
ESG Services and Tools
Infosys, Economist Impact Launch Platform to Track and Address Scope 3 Emissions
Guest Post: Technology is Unlocking New Opportunities for Sustainability. Will Businesses See Them?
Clarity AI Launches Methodology to Build SFDR-Aligned Indexes and ETFs
Morgan Stanley, Stanford Launch Free Tool to Assess Business Activities’ Impact on Nature
Sustainable Finance
EU Parliament Adopts European Green Bond Standard
ESG Investing
BlackRock Launches Climate Transition-Focused Private Debt Fund
BNP Paribas AM Launches New Fossil-Free Fixed Income Funds
Private Equity & Venture Capital
Mirova Launches $2 Billion Energy Transition Infrastructure Fund
Energy Analytics Startup Amperon Raises $20 Million
Brookfield Acquires one of UK’s Largest Renewables Developers
Green Hydrogen Startup Electric Hydrogen Raises $380 Million
Exec Moves
Aviva Hires Leah Ramoutar as Environmental Sustainability Director
