ESG Today: Week in Review
This week in ESG news: Invesco builds out ESG team as ESG assets surge; financial, industrial and info services leaders join new environmental disclosure initiative; Ford announces massive expansion of US electric vehicle & battery capacity; S&P bolsters ESG capabilities of Capital IQ Pro; HSBC & Temasek launch sustainable infrastructure finance platform; Pandora cuts plastic packaging; GM accelerates 100% renewable energy rollout; regulator says investors interested in ESG investing, but not participating due to greenwashing fears; Industrial & energy giants launch fund to build out clean hydrogen ecosystem; UBS and Robeco launch SDG engagement fund, 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
Ford Announces Multi-Billion Dollar Investments in Major Expansion of EV Capacity and Ecosystem
Vattenfall Joins Race to Zero, targets Net Zero Across Entire Value Chain by 2040
Chemical and Plastics Giant LyondellBasell Accelerates Climate Goals
Pandora Launches Reduced-Plastic Packaging
Nomura to Align Lending and Investment Portfolios with Net Zero Goals
Diageo Begins Distilling Bulleit Bourbon at its First Carbon Neutral Distillery
LA Clippers Partner with Green Finance Company Aspiration on the First Climate Positive Arena
Government & Regulators
New South Wales Targets Private Sector Investment with Pledge to Cut Emissions by Half by 2030
Reporting and Disclosure
BlackRock, Moody’s, S&P Among New Members of Nature Risk Disclosure Initiative TNFD
ESG Services and Tools
Oliver Wyman Launches Multi-Industry Tool to Identify Most Impactful Climate Actions and Strategies
S&P Global Market Intelligence Boosts Climate and ESG Capabilities on New Capital IQ Pro Platform
ESG Investing
Mirova Launches Environment Solutions-Focused Impact Private Equity Fund
UBS to Invest $1.5 Billion in Robeco Fund Aiming to Engage Companies to Improve SDG Performance
Sustainable Finance
HSBC and Temasek Launch Financing Platform for Sustainable Infrastructure in Asia
Ford Ties Debt Cost to ESG Goals Under $15.5 Billion Sustainability-Linked Credit Lines
Ericsson Announces $2 Billion Credit Facility with Interest Tied to Suppliers’ Climate Targets
Hannon Armstrong Establishes First Green Commercial Paper Program in U.S.
Energy Transition
Industrial, Energy Giants Launch Fund to Accelerate Clean Hydrogen Ecosystem
JetBlue Announces $1 Billion Sustainable Aviation Fuel Purchase Agreement for NYC Airports
GM Accelerates 100% Renewable Energy Goal by 5 Years, Launches Real-Time Carbon Tracking Initiative
Exec Appointments
Invesco Builds Out ESG Team as ESG AUM Surges Past $50 Billion
Carbon Measurement Platform Persefoni Names Rakhi Kumar to Advisory Board
Reports, Studies & Surveys
AMF Study Finds High Retail Investor Interest, Low Participation in Sustainable Investing
