This week in ESG news: Fitch launches new ESG ratings service; PepsiCo announces comprehensive sustainability-focused strategy; NYSE to list new Natural Asset Capital asset class; MSCI launches portfolio climate goal alignment solution; P&G releases climate action plan; investors urge world leaders to raise climate ambitions, set mandatory disclosures; SAP launches solution to assess product carbon footprint; Pandora plans to decarbonize value chain; Harvard to complete exit from fossil fuel investments; activist investor publishes framework to tie ESG impact to company valuation, 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

PepsiCo Launches Comprehensive Sustainability Framework, Expands ESG Goals

P&G Launches Climate Action Plan, Targets Net Zero Emissions Across Operations and Supply Chain by 2040

Estée Lauder to Implement Sustainable Packaging Technology, Starting with Clinique Bottles

Jewelry Brand Pandora Sets Goals to Slash Emissions, Decarbonize Value Chain

Tishman Speyer Aims to Cut Emissions Across Entire Real Estate Portfolio to Net Zero by 2050

Government & Regulators

$46 Trillion Investor Group Urges Global Leaders to Raise Climate Ambitions, Set Mandatory Disclosure Rules Ahead of COP26

Reporting and Disclosure

Guest Post: Navigating the ESG Landscape – A Primer for Financial Analysts

Schroders to Provide Investors with Individual Fund Level Sustainability Data

Guest Post: ESG Reporting and Performance Study Shows High Ambition and Growing Maturity

ESG Services and Tools

Fitch Launches ESG Ratings for Fixed Income Universe with Introduction of Sustainable Fitch

SAP Launches Solution to Assess and Improve Product Carbon Footprint Across Lifecycle

MSCI Launches Tool Enabling Investors to Assess Portfolio Alignment with Global Temperature Targets

CRE-Focused ESG Data Company Measurabl Raises $50 Million in Financing Round

ESG Investing

NYSE to List New “Natural Asset Companies” Asset Class, Targeting Massive Opportunity in Ecosystem Services

Activist Investor Engine No. 1 Ties ESG Impact to Company Valuation with New Framework

Harvard Moves to Complete Fossil Fuel Investment Exit, Invests in Green Economy Solutions

Sustainable Finance

Carlyle Secures €2.3 Billion ESG-Linked Credit Facility Tied to Diversity, Climate, and Governance Goals

Johnson Controls Issues $500M Sustainability-Linked Bond, Interest Tied to Operational and Customer Emissions Reductions

Energy Transition

Chevron Commits $10 Billion for Investments in Energy Transition Strategy

Lululemon Sources Renewable Energy for Entire North American Direct Operations Footprint

Exec Appointments

ESG Advisory Firm Longevity Partners Appoints Louise Ellison Global Chief Commercial Officer

Sun Life Appoints Alanna Boyd to Newly Created Role of Chief Sustainability Officer

Willis Towers Watson Appoints Monique Mathys-Graaff Senior Sustainable Investment Strategist