ESG Today: Week in Review
This week in ESG news: COP26 conclusion highlights for climate finance, fossil fuels and carbon markets; Blackstone names SASB founder and former CEO as head of ESG; Singapore regulator MAS launches ESG data and disclosure platform; JPMorgan sources 100% renewable energy for UK operations; SBTi to develop net zero standard for banks and investors; Kia unveils Sustainable Mobility Pledge; US & China agree to cooperate on climate; London Stock Exchange to launch market for carbon funds; Visa introduces sustainability features and rewards for cardholders; Executives warn of job losses, employee resistance to climate transition plans; SAP launches solution for sustainable product design, and more.
See below for the highlights of the past week, and get all your ESG news at ESG Today:
COP26
COP26 Reaches Final Agreement: Highlights of the Glasgow Climate Pact
U.S. & China Announce Climate Cooperation Pledge at COP26
Sustainability Goals, Initiatives and Achievements
Ahold Delhaize Accelerates Climate Goals, Commits to Net Zero Value Chain by 2050
Kia Sets Emissions, Electrification & Renewables Targets in Sustainable Mobility Pledge
CAT, Newmont Partner to Deliver Zero Carbon Emissions End-to-End Mining System
Visa Introduces Package of Sustainability Features and Benefits for Cardholders
Luxury Brand Burberry Launches Biodiversity Strategy, Focused on Protecting & Restoring Nature
Reporting and Disclosure
Singapore Financial Regulator to Launch ESG Disclosure and Data Platforms
ESG Services and Tools
SBTi Aims to Launch Net Zero Standard for Finance
Carbon Accounting Platform Persefoni Expands into UK as Climate Disclosure Requirements Grow
Diginex Launches Carbon Measurement and Tracking Solution
ERM Acquires Canadian ESG and Sustainability Consultancy Stratos
SBTi Launches Guidance for Private Equity Firms to Align Portfolios with Global Climate Goals
SAP Launches Circular Economy Software Solution, Enabling Sustainable Product Design
Government & Regulators
ESG Investing
M&G Raises €1.5 Billion for European Sustainable Infrastructure Fund
AllianzGI, EIB Launch €500 Million Emerging Markets Climate Fund
London Stock Exchange to Launch Market for Carbon Funds
Sustainable Finance
Holcim Pledges to Reach 40% Sustainable Financing by 2024
Energy Transition
Daimler Truck, TotalEnergies Partner on Hydrogen Ecosystem for Heavy Duty Trucks
ENGIE, Crédit Agricole Acquire Spanish Renewable Power Producer Eolia
JPMorgan Secures 100% Renewable Electricity for UK Operations
Nokia Targets 100% Renewable Energy Use by 2025
Exec Appointments
Blackstone Appoints SASB Founder Jean Rogers as Global Head of ESG
Apollo Taps Amazon’s Carletta Ooton to be New Head of ESG for Private Equity
BNP Paribas AM Announces Series of Senior Sustainable Investing Hires & Appointments
Reports, Studies & Surveys
C-Suite Survey: Climate Plans to Result in Job Losses, Employee Resistance
Moody’s Sees $45 Trillion Investment Opportunity from Carbon Transition
Global National Climate Targets Not Aligned with Paris Agreement Goals: FTSE Russell