ESG Today: Week in Review
This week in ESG news: EU lawmakers agree to regulate ESG ratings providers; Brookfield raises $10 billion for climate transition fund, on track for largest ever; EU proposes new 2040 climate goal; Deloitte, Informatica, Workiva partner on ESG data and reporting; HSBC, Google launch climate tech finance partnership; GRI launches sustainability reporting standard for mining sector; Barclays ends financing for new oil and gas projects; EU lawmakers agree to delay sector sustainability reporting standards; number of companies committing to science-based climate targets doubles; MSCI launches ESG data reporting solution for private markets; most execs report lacking high-quality sustainability data, 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
SBTi Says Number of Companies Setting Validated Climate Targets Doubles in Past Year
US Postal Service Sets New Climate, Circular Economy Goals
Guest Post: US Corporations Can Be a Driving Force in the Fight Against Forced Labor Worldwide
Lamborghini Targets 40% Reduction in Emissions Across the Value Chain by 2030
Guest Post: Six Steps Leaders Can Take to Accelerate Their Sustainability Transformation Efforts
Government & Regulators
EU Lawmakers Reach Deal on New Regulation to Scale Clean Tech Industries
EU Launches Strategy to Massively Boost Carbon Capture to Hit Climate Goals
European Commission Proposes New Target to Cut EU Emissions 90% by 2040
China Sets Tougher Regulations for Carbon Trading Market
ESG Reporting
Guest Post: Becoming an Early Adopter of TNFD is the Easy Part, Now the Hard Work Begins
GRI Launches Sustainability Reporting Standard for Mining Sector
ESG Services and Tools
Moody’s Rolls Out New Scoring System of Companies’ Net Zero Transition Plans
MSCI Launches Sustainability Data Reporting Solution for Private Markets
EU Lawmakers Agree to Regulate ESG Ratings Providers
Deloitte Partners with Informatica, Workiva on New ESG Data and Reporting Ecosystem
Sustainable Finance
Barclays Ends Direct Financing for New Oil and Gas Projects
HSBC, Google Partner to Finance and Grow Climate Tech Companies
Hong Kong Issues $765 Million Digital Green Bond
Private Equity & Venture Capital
Voyager Ventures Raises $100 Million for Climate Tech VC Fund
Cleantech Startup Avnos Raises $36 Million to Capture Carbon and Water from the Atmosphere
Brookfield Raises $10 Billion for Climate Transition Fund
Exec Moves
TPG Hires Scott Lebovitz as Head of Infrastructure for Climate Investing Platform
Reports, Studies & Surveys
Only 27% of Execs Report Having Access to High Quality Sustainability Data: Salesforce Survey
