ESG Today: Week in Review
This week in ESG news: EU regulator calls for sustainability disclosure requirements for all financial products; UK to require SAF on flights from 2025; KLM plans hydrogen-powered flight; Airbus and partners launch $200 million sustainable aviation fuel fund; U.S. invests $4 billion to reduce GHG emissions in key industries; UK launches $10 billion renewable energy investment platform; BCG, CDP report finds companies and investors missing significant risks from unmeasured Scope 3 emissions; Google to use sustainable aviation fuel for DHL shipments; new real estate decarbonization and emissions tracking solutions; KKR in talks to buy Eni’s clean mobility and biofuels business; capital raises for grid software, electric aviation, battery tech, biofuels, carbon removal, 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
Masdar Acquires $887 Million Stake in 2.5 GW Spanish Renewables Portfolio from Enel
KLM, ZeroAvia Plan Hydrogen-Powered Test Flight
Amazon, Air Products Launch Initial Trials of New Mercedes-Benz Hydrogen Powered Fuel Cell Trucks
TotalEnergies Buys 50% Stake in Offshore Wind Farm from RWE to Power Green Hydrogen Production
Google, DHL Sign Deal to Use SAF for Global Shipping
Airbus Announces Strategic Investment in SAF Technology Company LanzaJet
DHL, Envision Launch Green Logistics Partnership
ESG Reporting
Guest Post – Beyond the SEC: Why ESG Reporting is Here to Stay
Government & Regulators
UK to Launch $10 Billion Clean Energy Development Platform
ESMA Recommends Sustainability Disclosure Requirements for All Financial Products
UK Government Confirms 2% Sustainable Aviation Fuel Requirement Beginning 2025
U.S. Announces Over $4 Billion Funding for Projects to Reduce GHG Emissions Across Key Sectors
ESG Services and Tools
Longevity Partners Launches Real Estate Emissions Tracking and Decarbonization Solution
Deloitte, Akila Partner to Offer Decarbonization Solutions for Buildings
Sustainable Finance
Masdar Issues $1 Billion Green Bond to Invest in Greenfield Renewable Energy Projects
Private Equity & Venture Capital
Electric Aviation Company H55 Raises $74 Million
EV Battery Startup Addionics Raises $39 Million for Lower Cost, Faster Charging Battery Tech
Clean Energy Infrastructure Software Startup Paces Raises $11 Million
Airbus Partners with Airlines, Investors to Launch $200 Million Fund to Accelerate SAF Production
AI Startup Splight Raises $12 Million for Tech Allowing More Clean Energy on the Grid
Private Equity Investor NGP Launches $500 Million Energy Transition Real Assets Strategy
Cowboy Clean Fuels Raises $13 Million to Simultaneously Produce Biofuel, Remove CO2
Cleantech Startup CarbonBlue Raises $10 Million to Scale Up Water-Based CO2 Removal Technology
Eni in Talks to Sell Stake in Mobility Transformation Unit to KKR at up to $13.5 Billion Valuation
Exec Moves
Sustainability Consultancy Revolt Appoints Kirsten Flanik as CEO North America