This week in ESG news: Amazon launches inaugural sustainability bond; fund giants NTAM, Federated Hermes launch proprietary ESG assessment and scoring tools; Morningstar launches ESG assessments of companies and asset managers; BMW pledges to eliminate 200 million tonnes on CO2; Canada establishes sustainable finance institute with climate reporting on the agenda; new carbon offset rating platform launched; sustainable bond issues on record track in 2021; ESG reporting under new SEC leadership; Renewables reach 90% of global power capacity additions, 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

BMW Makes Major CO2 Reduction Commitment, Ramping Circular Economy Initiatives

GSK Launches Fully Recyclable Toothpaste Tubes, Will Reach More than 1 Billion Tubes by 2025

Caterpillar Commits to Reduce Emissions, Boost Safety Under New ESG Goals

Government, Regulators and Politics

Canada Launches Sustainable Finance Action Council, Aims to Enhance Climate Disclosure

Massive Carbon Capture & Storage Project to Receive €2 Billion from Dutch Government

Reporting and Disclosure

Guest Post: ESG Reporting Opportunities Under New SEC Leadership

Sustainable Finance

Amazon Launches $1 Billion Sustainability Bond Issue to Fund Green & Social Projects

Stanford Becomes First U.S. University to Issue Bonds with Green and Social Designations

Carlyle Group’s AlpInvest Links Private Equity Fund’s Financing to ESG Performance

Kellogg Enters Growing Sustainability Bond Market with €300 Million Offering

ESG Services and Tools

Morningstar Expands Sustainable Investing Toolkit with ESG Assessments of Asset Managers & Companies

Federated Hermes Launches Responsible Investing Education Institute

Sylvera Launches Carbon Offset Project Ratings Platform

GoldenSource Launches ESG Data Management Solution for Sellside and Buyside Investors

Funds and Investors

NTAM Launches ESG Scoring Tool Providing Material, Forward-Looking Company ESG View

Federated Hermes Launches Tool to Measure Impact at Fund and Company Level

TIAA Set Net Zero Emissions Commitment for $280 Billion Investment Account

Energy Transition

IEA: Renewables to Account for 90% of Global Power Capacity Increases as Growth Shatters Expectations

Industry Leaders Including Shell, BP, BofA, Launch Initiative to Accelerate Clean Hydrogen Market

Energy Investor EnCap Raises $1.2 Billion for First Energy Transition Fund

Starbucks Deal to Power New York Stores, Surrounding Communities, with Renewable Energy

Exec Appointments

EY US Announces ESG Leadership Appointments

Reports, Studies & Surveys

PwC: Value Creation Emerges as a Major Driver of ESG Integration for Private Equity Investors

Moody’s: Sustainability Linked Loans, Sustainable Bond Volumes Soaring

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