This week in ESG news: Trump exits the Paris Agreement; 24 states commit to Paris Agreement goals, Bloomberg pledges to cover U.S. obligations after Trump exit; France, Germany push to delay, ease EU sustainability reporting and due diligence legislation; EU companies warn against watering down green laws; Microsoft signs carbon removal megadeal; more than 10,000 companies commit to science based climate targets through SBTi; most employees say companies aren’t doing enough on climate & sustainability; Amazon claims title of largest corporate renewable energy buyer; EcoVadis launches CSRD supply chain data collection solution; capital raises for hydrogen tech, carbon accounting, carbon-free HVAC, green energy optimization solutions, 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

Bloomberg Pledges to Cover U.S. Paris Agreement Obligations After Trump Exits Deal

Microsoft Signs Forest Restoration Deal to Remove 3.5 Million Tons of CO2

Boeing Invests in Synthetic Aviation Fuel Producer Norsk e-Fuel

SBTi Passes 10,000 Companies Committing to Science-Based Climate Targets

IBM, L’Oréal to Use AI to Develop More Sustainable Cosmetics

Amazon Claims Title of “Largest Corporate Purchaser of Renewable Energy Globally” for Fifth Year

Guest Post: Unlocking the Full Value of Sustainability Investments

ESG Reporting

France Calls on EU to Delay, Water Down Sustainability Reporting and Due Diligence Requirements

Germany Pushes to Delay CSRD Sustainability Reporting Requirements for Smaller Businesses

Nestlé, Unilever, Mars Warn Against Revisiting EU Sustainability Reporting and Due Diligence Laws

Government & Regulators

Trump to Exit Paris Agreement

24 U.S. States Commit to Paris Agreement Goals After Trump Exits Accord

U.S. Federal Reserve Leaves Climate Risk-Focused Central Bank Coalition

ESG Services and Tools

LRQA Acquires Supply Chain Carbon Management Solutions Provider RESET Carbon

EcoVadis Launches New CSRD Supply Chain Data Collection Solution

Sustainable Finance

AllianzGI, EIB Raise €450 Million for Emerging Markets-Focused Climate Fund

Canadian Banks Follow U.S. Peers Out of Net Zero Banking Alliance

Private Equity & Venture Capital

Geothermal Tech Startup Bedrock Raises $12 Million to Scale Carbon-Free HVAC for Buildings

BlackRock, Temasek Decarbonization Fund Invests in Energy Transition Software Provider Orennia

H2SITE Raises $37 Million to Scale Up Hydrogen Transport Solution

Carbon Accounting Platform Gravity Raises $13 Million

KKR Acquires Dawsongroup to Accelerate Strategy to Decarbonize Company Fleets

Ecoplanet Raises €16 Million for Solution for Companies to Optimize Use of Green and Affordable Energy

Sustainable Investing

BNP Paribas AM Raises $179 Million for Cleantech Venture Fund

Exec Moves

JLL Appoints Josephine Tucker to Lead New Energy Advisory and Sustainability Practice

Reports, Studies & Surveys

Nearly Two-thirds of Employees Say Employers Not Doing Enough to Address Climate Change and Sustainability: Deloitte Survey