ESG Today: Week in Review
This week in ESG news: Vanguard launches its first impact fund; Biden considers declaration of climate change emergency; Deutsche Bank appoints its first Chief Sustainability Officer; UK government given 8 months by high court to come up with a climate plan; BlackRock acquires waste-to-renewable gas company for $700 million; PepsiCo issues $1.25 billion green bond; Deloitte hires former KPMG ESG leaders; capital raises for real estate decarbonization solutions, clean water tech & nuclear fusion; UK commits to net zero aviation; Amazon rolls out electric vehicle delivery fleet; Heineken gets suppliers to set net zero targets; Robeco launches fund targeting climate transition enablers and leaders, 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
Amazon Kicks Off Rollout of 100,000 Electric Vehicle Delivery Fleet from Rivian
Dow Scales Plastic Recycling and Circularity Capacity
Mizuho Cuts Emissions 20% by Shifting Data Centers to Renewable Energy
Mastercard, AXA Partner on Forest Restoration
Boeing Unveils Tool to Assess Aviation Decarbonization Pathways
Government & Regulators
Biden Calls Climate Change an Emergency, Considers Use of Executive Powers to Take Action
UK Commits to Net Zero Domestic Aviation and Airports by 2040
UK High Court Orders Government to Provide Details on Plans to Hit Net Zero Targets
ESG Services and Tools
ESG Book Launches Fund Sustainability Scoring Solution
BMO Acquires Emissions Measurement and Carbon Credit Provider Radicle Group
ICE Acquires Emissions Data and Analytics Provider Urgentem
ESG Investing
Vanguard Launches its First Impact Fund
abrdn Transitions Flagship Asia Fund, to Sustainable Investment Products
Robeco Launches Climate Fund Targeting Net Zero Transition Leaders and Enablers
NN IP Expands Impact Range with New Social Bond Fund
Sustainable Finance
PepsiCo Issues $1.25 Billion Green Bond to Fund Ag and Value Chain Sustainability Projects
Iberdrola Signs $550 Million Green Loan with EIB to Fund Wind & Solar Projects
OPG Issues $300M “Nuclear Green Bond”
Private Equity & Venture Capital
Fifth Wall Raises $500 Million for Real Estate Decarbonization Venture Fund
Nuclear Tech Startup TAE Raises $250M to Commercialize Zero Emissions, Non-Radioactive Fusion Energy
Sustainable Drinking Water Tech Provider SOURCE Global Raises Over $130 Million
Cantor Fitzgerald Launches Sustainable Infrastructure Fund
Macquarie’s GIG Invests in US Renewable Energy Platform Galehead
Energy Transition
BlackRock Acquires Organic Waste-to-Renewable Energy Producer Vanguard Renewables
UK Greenlights 8 GW of Offshore Wind Projects
AFC, Infinity, Acquire Largest Renewable Power Producer in Africa
Exec Moves
Deutsche Bank Appoints Jörg Eigendorf as Chief Sustainability Officer
Leapfrog Investments Appoints Julie Wallace as Head of Impact
Macquarie’s Green Investment Group Appoints Regional Leaders for Americas, APAC, EMEA
Saks Appoints Alicia Williams as VP of Diversity, Equity and Inclusion
Deloitte Hires Wim Bartels, Arjan de Draaijer as Senior Sustainability Partners
