This week in ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. news: The SEC’s new climate and ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. enforcement task force; Goldman Sachs and Citi join other major Wall Street banks in setting net zero financing targets; major sustainable finance commitments in the UK Budget; CDP says water risks could cost businesses $300 billion; FedEx pledges billions in investments to reach net zero by 2040; new sustainability bond issues from Mastercard and Toyota; McKinsey boosts climate capabilities with new acquisitions; new SFDR tools from Sustainalytics, and more.
See below for the highlights of the past week, and get all your ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. news at ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. Today:
Sustainability Goals, Initiatives and Achievements
Goldman Sachs to Align Financing Activities with 2050 Net Zero Pathway
Citi’s New CEO Commits to Net Zero Banking on Day 1
FedEx to Invest Billions in New Commitment to be Carbon Neutral by 2040
Aviva Launches New Climate Initiatives, Becomes First Major Insurer Aiming for Net Zero by 2040
Christie’s Launches Environmental Sustainability Initiatives
Government, Regulators and Politics
SEC Launches Climate and ESG Enforcement Task Force
UK Budget Includes At Least £15 Billion Green Sovereign Bonds, Plans for “Green Curve”
European Council Approves €330B Package, With Funding For Social, Environmental Projects
Reporting and Disclosure
European Regulators Publish Guidance for Taxonomy-Aligned Disclosure Under NFRD
Sustainable Finance
Mastercard Launches $600 Million Sustainability Bond to Support Environmental, Social Initiatives
Toyota to Issue up to $4.7 Billion “Woven Planet Bonds” Supporting SDG Initiatives
Georgia Power Issues $742 Million Sustainability Bond, the First From a U.S. Utility
ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. Services and Tools
ESG Playbook Signs on to Principles for Responsible Investment
Guest Post: How Capital Markets Are Driving the Transition to a Low Carbon Economy
Sustainalytics Launches Principal Adverse Impact Data Solution for Investor SFDR Requirements
Qontigo and IIGF Partner to Develop China-Focused ESG Investment Solutions
Funds and Investors
Schroders to Set Science Based Climate Targets, Joins Business Ambition for 1.5°C
M&G to Exit Thermal Coal Investments
M&A
Deutsche Börse Completes ISS Acquisition, Cites ESG Investing Megatrend as Key Driver
Exec Appointments
Arabesque Deepens Sustainability Team with New Hires Herman Bril and Ulrika Hasselgren
Estée Lauder Launches New Equity and Engagement Center of Excellence
Reports, Studies & Surveys
CDP: Lack of Action on Water Risks Could Cost Companies More than $300 Billion
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