ESG Today: Week in Review
This week in ESG news: UBS ties pay for top execs to ESG, publishes climate action plan; S&P Global issues inaugural sustainability-linked bond tied to value chain goals; SBTi removes commitments from fossil fuel companies; Moody’s updates its ESG assessment methodology; Santander acquires ESG consultancy WayCarbon; Chile launches first-ever sovereign sustainability linked bond; Starbucks tests 100% reusable cup store; Investors launch campaign targeting fossil fuel financing at Credit Suisse; Target launches label identifying sustainable products & packaging; ESG Book launches on Google Cloud; investor focus shifting to ESG accountability, 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
Target to Help Customers Identify Products with Sustainable Packaging
Siemens Launches $100 Million Program to Fund SME Decarbonization
UBS Ties Compensation of Top Execs to Sustainability Performance
Google Targets $2.5 Billion in Spend with Diverse-Owned Suppliers in 2022
NYSE Launches Advisory Council of Senior Sustainability Officers from Listed Companies
Diageo to Build $245 Million Carbon Neutral Distillery in Canada
Schlumberger Launches Business Dedicated to Help Energy Companies Eliminate Methane Emissions
Science Based Targets Initiative Removes Fossil Fuel Companies’ Commitments and Validated Targets
Starbucks Tests 100% Reusable Cup Store
Unilever Commits to Disclose Food Health and Nutrition Performance Following Shareholder Campaign
ESG Reporting & Disclosure
CGI, Persefoni Partner to Deliver Carbon Accounting Platform
ESG Services and Tools
Moody’s to Update its ESG Assessment Methodology
Santander Acquires ESG Consultancy & Carbon Markets Company WayCarbon
Free ESG Data Source ESG Book Launches on Google Cloud
FourKites Launches Supply Chain Emissions Tracking & Reduction Tools
RepTrak Acquires ESG Data Provider ESG Analytics
Government & Regulators
Chile Issues the First-Ever Sovereign Sustainability Linked Bond
ESG Investing
GAM Launches Low Carbon, Energy Transition-Focused Infrastructure Investment Strategy
Sustainable Infrastructure Investor Actis Announces Net Zero Portfolio Target
Qontigo, MUFG Launch Index Targeting Lowest Carbon Risk Companies in Japan
ESG Today Interview: auctusESG’s Namita Vikas on ESG Investment Opportunities & Challenges
CDP Releases List of Top Rated Funds for Environmental Performance
Sustainable Finance
Iberdrola Successfully Completes €1 Billion Green Bond Issue Despite European Debt Market Turmoil
Institutional Investors Launch Campaign Targeting Credit Suisse’s Fossil Fuel Finance Exposure
DBS Launches Board Committee with Oversight on Sustainability Agenda
Energy Transition
Maersk Sources Over 700,000 Tonnes of Green Methanol to Drive Sustainable Shipping Goals
Macquarie, BCI & MEAG Acquire Reden Solar for €2.5 Billion
Santander, Enel Launch Clean Energy Solutions and Sustainable Finance Collaboration
Ares Leads Up to $600 Million Investment in Softbank’s Climate Infrastructure Platform SB Energy
Reports, Studies & Surveys
Investors Focus Shifting to ESG Accountability, Real-World Impact in 2022 Proxy Season: Nuveen
