ESG Today: Week in Review
This week in ESG news: Climate neutrality becomes EU law; UK takes next step towards sovereign green bond issue; JPMorgan acquires ESG investing fintech; Nasdaq launches ESG data hub; Nestlé sets water positive goals; More insurers exiting coal underwriting and investment; Sustainalytics launches EU Taxonomy solution; IOSCO’s vision for ESG disclosure; Deutsche Telekom & Samsung partner on green smartphone; Neiman Marcus exits fur; Shell, EDF & Orsted win major US offshore wind deals, 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
Generali Launches Climate Strategy, Exiting Fossil Fuels and Ramping Sustainable Investments
Neiman Marcus Exits Fur in Push for Sustainable Luxury
Nestlé Commits $130 Million to Positive Water Impact Goal
Deutsche Telekom, Samsung Partnering to Launch Green Smartphone
Glencore Accelerates Emissions Reduction Goals as it Acquires Coal Assets from Anglo and BHP
Government, Regulators and Politics
EU Adopts 2050 Climate Neutrality into Law
UK Publishes Green Financing Framework as it Prepares for Inaugural Green Bond Issue
Reporting and Disclosure
IOSCO Outlines its Vision for Sustainability Disclosure
Guest Post: Funds-of-Funds – are you SFDR ready?
Sustainable Finance
EIB Provides its First Sustainability-Linked Loan, Supporting Enel e-Grid Project
TELUS Ties Debt Costs to Climate Goals with Inaugural $750 Million Sustainability Linked Bond
ESG Services and Tools
Sustainalytics Launches EU Taxonomy Alignment Solution for Investors
Nasdaq Provides Single ESG Data Source for Investors with New ESG Data Hub
ESG Investing
JPMorgan Acquires ESG Investing Fintech OpenInvest
HSBC Backs ESG and D&I-Focused Investment Firm RadiantESG
Energy Transition
Maersk Signs Deal for World’s First Carbon Neutral Methanol Fueled Container Ship
EDF, Shell and Orsted Awarded Major Offshore NJ Wind Deals
KKR Appoints Crossover Energy as its Exclusive Energy Transition Solutions Partner
Renault Agreements to Lead to Establishment of Major Battery Capacity in France
Exec Appointments
Rebecca Mikula-Wright Appointed CEO of Climate-Focused Investor Group IGCC
Global Investor EQT Announces Senior Sustainability Appointments
MEAG Appoints Janina Lichnofsky to Newly Created Role of Head of ESG