ESG Today: Week in Review
This week in ESG news: Biden announces $6 billion in new climate project investments; nearly all investors say corporate sustainability reporting contains unsupported claims, PwC finds; BlackRock raises $1 billion for energy transition infrastructure fund; Bain survey finds gap between consumer willingness to pay for sustainable products and premiums charged by companies; EU lawmakers agree on nature restoration law; JPMorgan raises targets for financed emissions reductions; CalPERS to invest $100 billion in climate solutions; capital raises for circular economy, sustainable aviation, clean energy tech; Bloomberg survey finds both businesses and investors to increase ESG investments, 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
Southwest Announces New Electrification, Fuel Reduction and Circularity Goals
Scania Signs Deal with SSAB for 100% Fossil-Free Steel Deliveries by 2030
DHL to Invest Over $200 Million in Clean Fuels to Decarbonize Supply Chain Unit
Nucor Sets Goal for Net Zero Steelmaking Across Value Chain by 2050
Amazon Announces its First Brownfield Renewable Energy Project on Abandoned Coal Mine
Guest Post: Climate Risks To Financial Performance Are Hugely Under-estimated
TES Launches $4 Billion Green Hydrogen Project in Canada
Government & Regulators
FCA Study Finds Investment Products Not Aligned with Stated ESG Goals
Biden Announces Over $6 Billion in New Climate Investments
EU Commission Funds €400 Million Climate, Biodiversity & Circular Economy Projects
EU Lawmakers Agree on New Nature Restoration Law
ESG Reporting & Disclosure
94% of Investors Say Corporate Sustainability Reporting Contains Unsupported Claims: PwC
ESG Services and Tools
Wolters Kluwer Adds Sustainability Reporting Capabilities to ESG Data Platform
Sustainable Finance
JPMorgan Raises Targets to Reduce Financed Emissions to Align with Net Zero by 2050
ESG Investing
BlackRock Raises $1 Billion for Energy Transition-Focused Infrastructure Fund
CalPERS Commits to Invest $100 Billion in Climate Solutions by 2030
Robeco Launches Sustainable Fashion Fund
Manulife Raises $225 Million for Climate-Focused Forest Fund
Private Equity & Venture Capital
Circular Economy Startup SuperCircle Raises $7 Million for Textile Recycling Solution
Macquarie Invests €175 Million in Sustainable Aviation Fuel Platform SkyNRG
Clean Energy Solutions Provider DSD Renewables Raises $250 Million
Geothermal Engineering Raising $745 Million to Produce Zero Carbon Lithium for EVs
Exec Moves
Sustainable Investor Mirova Hires 2 Senior Execs in North America Expansion Push
Reports, Surveys & Studies
Consumers Willing to Pay 12% Premium for Sustainable Products: Bain Survey
