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: Big oil rocked as courts, shareholders force climate action at Shell and Exxon; PwC backs development of sustainability reporting standards at GRI; HSBC forms climate-focused VC team; Credit Suisse raises $300 million for climate solutions VC fund; Green steel in focus as startup raises more than $100 million, banks join forces to finance sector, Mercedes Benz commits to green steel in vehicles; EBA says banks need to improve climate risk exposure assessments; Microsoft & Accenture look to lower emissions impact of software; Acer unveils sustainably-produced notebook computer, 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
Major Banks Launch Finance Sector Initiative to Decarbonize Steel
Microsoft, Accenture Announce Launch of Green Software Foundation
Mercedes-Benz Commits to Integrate Green Steel in Vehicles By 2025
DHL Joins Sustainable Aviation Fuel Program Enabling Clients to Lower Climate Impact of Shipping
Acer Unveils Sustainability-Focused Notebook Under New Sustainable Value Chain Platform
Energy Transition
Activist Shareholders Win Spots on Exxon Board as Demand for Climate Action Accelerates
Dutch Court Ruling Requiring Shell to Dramatically Cut Emissions Sends Shockwave Through Industry
Exxon Commits to Add Two New Directors in Last-Minute Move as Investors Push for Broader Change
Government, Regulators and Politics
EBA Assesses Banks’ Climate Risk Exposure
Reporting and Disclosure
PwC Backs GRI Fund Supporting Sustainability Reporting Standards Development
Sustainable Finance
Credit Suisse Raises Over $300 Million for Climate Solutions-Focused Venture Fund
Bell Launches Inaugural $500 Million Sustainability Bond in a First for Canadian Telecom
Green Steel Startup H2GS Raises $105 Million in Equity Financing
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
Mercer Launches ESG Evaluation Offering for Institutional Investors
S&P Launches Dataset Tracking Clean Energy Power Purchase Agreement Trends
ESG SaaS Provider Novisto Raises $8 Million, Adds JetBlue to Customer Base
Guest Post: Why Should Fund Managers Embrace ESG?
Funds and Investors
HSBC Asset Management Launches Climate Technology Investment Team
Putnam Turns to ESG Funds for Launch of its First Active ETFs
Exec Appointments
American Century Investments Announces Senior ESG Investing and Sustainability Appointments
Former Deutsche Bank CEO Jürgen Fitschen Joins Board of Arabesque S-Ray
Asset Manager Ninety One Appoints Stephanie Niven to Lead Global Sustainable Equity Offering
The post ESG Today: Week in Review appeared first on ESG Today.
