This week in ESG news: California regulator gives companies an extra year to prepare for climate reporting obligations; Goldman Sachs exits net zero banking initiative; Switzerland to require companies to disclose net zero plans; Google enters $20 billion partnership to build data centers next to clean energy sources; Hong Kong mandates IFRS-aligned sustainability reporting; GRI appoints new CEO; BCG, Google announce new carbon removal deals; Canada’s new climate targets fall below net zero pathway recommendation; Invesco launches record-breaking climate fund; CBRE to cut emissions across commercial real estate portfolio; Microsoft launches new sustainable data center design; EY study finds investors more concerned about greenwashing by companies, 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

BCG Buys Over 50,000 Tonnes of Carbon Removals Spanning Broad Range of Technologies

AECOM Launches Energy Transition Infrastructure Team

Google Signs its Largest Ever Carbon Removal Deal to Capture CO2 in Crushed Rocks and Soil

Stellantis, CATL to Build $4.3 Billion Battery Plant for Affordable EV Models

Microsoft Launches New Datacenter Design Avoiding Use of Water for Cooling

Google, Intersect Power, TPG Launch $20 Billion Data Center Clean Energy Partnership

Amazon Achieves 99% Landfill Diversion for Data Center Hardware Under New Circularity Program

bp, JERA to Invest Up to $6 Billion to Launch New Offshore Wind JV

CBRE Commits to Cut Managed Properties Emissions by More than Half by 2030

ESG Reporting

California to Give Companies an Extra Year Before Fully Enforcing New Climate Reporting Rules

Hong Kong to Require IFRS-Aligned Sustainability Reporting Starting in 2025

Switzerland to Require Companies to Disclose 2050-Aligned Net Zero Roadmaps

Government & Regulators

Canada Sets Goal to Reduce Greenhouse Gas Emissions by 45% – 50% by 2035

ESG Services and Tools

EQS Group Acquires Sustainability Software Provider Daato

SGS Launches New Suite of Climate and Energy Transition Services

Holtara Launches New CSRD Compliance Platform

Sustainable Finance

Goldman Sachs Exits Net Zero Banking Alliance

Private Equity & Venture Capital

Cleantech Startup SpotmyEnergy Raises €10.5 Million to Improve Home Energy Efficiency

Sustainable Investing

Invesco Launches New Climate ETF with Record-Breaking $2.4 Billion Investment

DWS Raises $340 Million for Sustainable Infrastructure Fund

Exec Moves

GRI Appoints Robin Hodess as New CEO

Heidrick & Struggles Builds Out Climate & Sustainability Advisory and Talent Team in Europe

Clean Energy Ventures Hires Charlotte Kirk to Expand Presence into Europe

Reports, Studies & Surveys

85% of Investors Say Greenwashing is a Growing Problem: EY Survey