ESG Today: Week in Review
This week in ESG news: EU fails to pass environmental & human rights sustainability due diligence law; Singapore to introduce mandatory sustainability reporting; Deutsche Bank launched new sustainable finance framework; Senior execs say sustainability drives better revenues, profitability, IBM survey finds; IAG signs one of largest-ever sustainable aviation fuel deals; Australian companies call for delay to mandatory sustainability reporting; Nokia commits to net zero value chain emissions by 2040; S&P launches biodiversity-focused versions of flagship indexes; Canada launches green bond with nuclear as eligible investment category, 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
British Airways Parent IAG Signs Deal for Nearly 1 Billion Liters of Sustainable Aviation Fuel
Lululemon, Samsara Eco Announce Nylon Recycling Breakthrough
Nokia Commits to Net Zero Value Chain Emissions by 2040
Government & Regulators
EU Council Fails to Approve New Environmental, Human Rights Sustainability Due Diligence Law
EU Lawmakers Approve Penalties Including Imprisonment, Fines for Environmental Crimes
EU Parliament Adopts Nature Restoration Law, Overcoming Last-Minute Objections
ESG Reporting
Singapore to Introduce Mandatory Climate Reporting Beginning 2025
Guest Post – Adapting to CSRD: 5 Essential Considerations for European Businesses
Australian Companies Call for 1 Year Delay to Mandatory Climate Reporting Requirements
Sustainable Finance
Verizon Issues $1 Billion Green Bond to Invest in Renewable Energy
Canada Launches Second Green Bond Offering, Adds Nuclear Power to Eligible Investment Categories
Deutsche Bank Releases New Framework to Classify Sustainable Finance and Investment
Private Equity & Venture Capital
ESG Investing
Munich Re’s MEAG Raises Over $200 Million for Sustainable Forestry Fund
S&P Launches Biodiversity-Focused Versions of S&P 500 and Global LargeMidCap Indices
Exec Moves
Climate Consultancy South Pole Appoints Daniel Klier as New CEO
Reports, Studies & Surveys
Businesses Embedding Sustainability Outperforming on Profitability, Talent Attraction: IBM Survey
