ESG Today: Week in Review
This week in ESG news: JPMorgan commits $150 million to new sustainability-focused private equity team; $10 trillion asset owner group commits to slash portfolio emissions; Nestlé pledges to tackle child labor in cocoa supply chain; Exxon makes its first net zero commitment; ECB launches climate stress test for banks; EU sustainable finance group blasts inclusion of nuclear, gas in EU Taxonomy; Carbon markets start-ups raise capital to fuel expansion plans; Aviva warns directors it will hold them accountable for climate, biodiversity, human rights performance; PwC Canada says ESG reporting lags as pressure to disclose builds; Standard Chartered hires Chief Sustainability Officer, 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
Nestlé Targets Child Labor in Cocoa Supply Chain, Paying Farmers to Enroll Children in School
Exxon Announces its First Net Zero Commitment
ESG Reporting & Disclosure
SGS, Diginex Partner to Provide Assurance Services for Sustainability Reporting
ESG Services and Tools
Measurabl Partners with Nasdaq to Provide Asset-Level ESG Data Collection
Deutsche Börse Launches ESG Hub for Investors to Access Issuer Sustainability Data
Goldman Sachs-Backed LRQA Acquires Supply Chain Sustainability Solutions Provider ELEVATE
Guest Post: How To Ensure Climate Intelligence Solutions Live up to Their Hype
Government & Regulators
ECB Kicks Off Climate Risk Stress Test for Banks
EU’s Expert Advisory Panel Opposes Gas, Nuclear Inclusion in Green Taxonomy
ESG Investing
Net Zero Asset Owner Alliance Raises Ambition for Portfolio Emission Reductions
Aviva Investors to Hold Directors Accountable for Climate, Biodiversity, Human Rights Performance
M&G Acquires Impact Investor responsAbility
LGIM Launches New Suite of ESG Equity Index Funds
M&G Launches Equity Fund Targeting Diversity & Inclusion Leaders
Sustainable Finance
JPMorgan Launches Sustainability-Focused Private Equity Team with $150 Million Commitment
Energy Transition
Shell Begins Green Hydrogen Production from One of World’s Largest Electrolysers in China
Verizon Allocates Green Bond Proceeds to Fund Series of Renewable Energy Deals
GM Announces Over $7 Billion of Investment as it Ramps Electric Truck, Battery Capacity
Carbon Markets
Carbon Markets Startup ClimateTrade Raising €20 Million to Fund International Expansion
Carbon Offset Ratings Platform Sylvera Raises $32 Million
Exec Appointments
Standard Chartered Appoints Marisa Drew as Chief Sustainability Officer
PGIM Appoints Eugenia Unanyants-Jackson as First Global Head of ESG
IFRS Announces New Senior Appointments for International Sustainability Standards Board
Neuberger Berman Hires Daniel Hanson to Lead U.S. Sustainable Equity Team
KPMG Appoints Mike Shannon as its First Global Head of ESG Assurance
ERM Appoints Tom Reichert as New CEO
DBS Appoints Helge Muenkel as New Chief Sustainability Officer
Reports, Studies & Surveys
PwC Canada Finds Corporate ESG Reporting Lags as Mandatory Disclosure Looms
Guest Post: Smartvatten Reveals Real Estate Sustainability Insights in First Annual Water Report
