ESG Today: Week in Review
This week in ESG news: Biden signs executive order calling for disclosure of financial risks of climate change; KKR acquires sustainability advisory ERM; CFA Institute publishes draft of ESG reporting standards; Deutsche Bank targets ESG opportunities in Asia; IEA says surge in renewable energy investment needed now to reach net zero 2050; Wells Fargo launches inaugural sustainability bond; HSBC’s $100 million climate finance initiative; Amazon & Fidelity invest in zero emissions aviation startup; JPMorgan achieves carbon neutrality, 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
Deutsche Bank Targets Asia ESG Opportunity with Launch of Singapore ESG Center
Trane Launches $100 Million Access to Education Initiative for Underrepresented Populations
Peet’s Coffee Launches Carbon Offsetting Coffee Service
Government, Regulators and Politics
Biden Order Calls for Disclosure of Financial Risks of Climate Change
Reporting and Disclosure
CFA Institute Publishes Initial Version of New ESG Disclosure Standards for Investment Products
Guest Post: Tackling the Data Challenges of ESG Reporting
BNPP AM, CDP, Partner to Develop Biodiversity Reporting Metrics
Sustainable Finance
Deutsche Bank Pulls Forward Sustainable Finance Goal as Market Accelerates
HSBC Launches $100 Million Climate Finance Initiative
Wells Fargo Taps Underrepresented & Minority-Owned Dealers for Inaugural $1B Sustainability Bond
ESG Services and Tools
KKR Acquires Majority Stake in Sustainability Advisory ERM
IHS Markit to Provide ESG Reporting Platform to TSX-Listed Companies
Ceres, IIGCC Launch Natural Climate Solutions Engagement Tool For Investors
Seneca ESG Integrates Arabesque S-Ray Data Into Investment Management ESG Platform
Funds and Investors
Amundi Transitions Series of Fixed Income ETFs to ESG Funds
Fidelity Canada Launches Investment Funds Aiming to Capture Multi-Decade Decarbonization Opportunity
BlackRock’s iShares Launches ETF Tracking New DAX ESG Target Index
Energy Transition
Amazon, Fidelity, Invest in Zero Emissions Aviation Company BETA
ENGIE Plans Billions in Disposals & Renewables Investments as it Repositions for Energy Transition
SGX Partners with Banks, Investors to Launch Global Carbon Credit Marketplace
Exec Appointments
LSEG Appoints David Harris as Global Head of Sustainable Finance, Data & Analytics
Syngenta Group Appoints Daniel Vennard as Chief Sustainability Officer
Reports, Studies & Surveys
IEA: Energy Investment Surge to Nearly $5 Trillion Needed to Reach Net Zero by 2050
