ESG Today: Week in Review
This week in ESG news: UK launches sustainability disclosure roadmap for businesses and investors; EY hits its carbon neutral goal; BlackRock outlines use of ESG data to outperform markets; Sustainalytics ESG research and scores added to Bloomberg terminal; Amazon, Unilever & IKEA commit to net zero shipping; LSE publishes climate disclosure guidance for issuers; Coalition of leading banks launches guide to net zero banking; Budweiser plans to brew with hydrogen power; BMW sources fossil free steel; Iberdrola plans massive investments in UK renewables; CAT ties exec compensation to ESG goals; Credit Suisse & BlackRock kick off impact investing partnership; Moody’s & Arabesque launch solutions to help investors meet ESG reporting requirements; Deloitte’s new offering to help businesses build sustainability campaigns & products, 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
EY Hits its Carbon Negative Goal, Targets Net Zero 2025
Amazon, Unilever Among Major Companies Committing to Zero Carbon Shipping by 2040
McDonald’s, Starbucks Back Circular Foodservice Packaging Initiative
BD Launches ESG Strategy, Aims for Carbon Neutrality by 2040
BMW Announces Deal to Source Fossil Free Steel for 2025 Car Models
Budweiser Plans Green Hydrogen-Powered Brewing
Southwest Launches ‘Reduce, Replace and Offset’ Strategy to Hit Climate Goals
Reporting and Disclosure
UK Launches Sustainability Disclosure Requirements for Businesses and Investors
London Stock Exchange Publishes Climate Disclosure Guidance for Issuers
ESG Services and Tools
Moody’s Launches EU Taxonomy Alignment Tool to Help Meet Disclosure Requirements
Sustainalytics ESG Research and Ratings Added to Bloomberg Terminal
Glass Lewis Partners with Arabesque to Provide ESG Data with Proxy Research
BlackRock Backs TPI as it Plans Launch of Climate Transition Data Center for Investors
Arabesque Launches SFDR Reporting Solution for Investors
Government & Regulators
Biden Releases Government-Wide Strategy to Address Financial and Economic Climate Risk
FSOC Calls Climate Change an Emerging Threat to Financial Stability
ESG Investing
Credit Suisse and BlackRock Kick Off Impact Investing Partnership with Health & Wellbeing Fund
Ceres Launches Guide for Investors to Assess and Engage on Company Climate Commitments
EQT Launches Fund Focused on Long-Term Sustainable Transformation of High Impact Potential Companies
Sustainable Finance
Leading Banks Launch Guide to Setting and Implementing Net Zero Banking Strategies
Energy Transition
Climate Action 100+ Launches Net Zero Sector Strategy for Electric Utilities
Iberdrola to Invest £10 Billion in Renewable and Decarbonization Projects in UK by 2025
Stellantis Ramps North America EV Battery Capacity in Deal with Samsung SDI
INEOS to Invest Over €2 Billion in Green Hydrogen Production
Toyota Investing $3.4 Billion to Build US-Based EV Battery Capacity
Exec Appointments
CAT Appoints its First Chief Sustainability Officer, Ties ESG to Executive Compensation
Reports, Studies & Surveys
Guest Post: ESG Becomes Mainstream – With Major Commercial Implications
BlackRock: Emerging ESG Datasets and Insights Open Up New Avenues for Investment Outperformance
PRI Forecast Tells Investors to Prepare for Major Shift in Global Climate Policy
