This week in ESG news: Salesforce announces it will tie exec pay to ESG performance; BoE launched climate stress test for banks; Watershed becomes the newest climate tech unicorn; Microsoft backs launch of carbon accounting initiative; bp extends net zero goals to scope 3 emissions; EY launches a net zero center to guide clients through climate transition; European regulator unveils sustainable finance roadmap; ERM launches ESG ratings for private markets; annual sustainable bond issuance passes $1 trillion dollar mark; PwC on ESG strategies for family businesses; PRI calls on investors to expand focus on DEI; Biden commits $5 billion to build national EV charging network, 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

Salesforce Ties Executive Pay to ESG Performance

Bacardi to Cut Emissions from Rum in Half in 2023

bp Ramps Climate Goals, Extending Net Zero Ambition to Energy Products

Investor-backed Initiative TPI Launches Sector-Specific Framework to Assess Companies’ Climate Goals & Progress

Apollo Commits to Over $1 Billion in Diverse Spend with Minority, Women-Owned Businesses

DHL to Avoid 80,000 Tons of Emissions in Sustainable Aviation Deal with Air France KLM

ESG Reporting & Disclosure

New Carbon Emissions Accounting Initiative Launched by Microsoft, Leading Organizations

Guest Post – Taking Action to Address ESG Challenges: Four Steps Family Businesses Should Prioritize Now

ESG Services and Tools

Apax Acquires Controlling Stake in ESG & EHS Risk Management Provider Alcumus at £600M+ Valuation

ERM Launches ESG Ratings Platform for Private Markets

Citi to Use S&P Global Oliver Wyman Solution for Climate Stress Testing, ESG Reporting

Climate Solutions Platform Watershed Raises $70 Million, Reaching $1 Billion Valuation

Elanco Launches Tools to Assess & Address Livestock Carbon Footprint

EY Launches Net Zero Center to Navigate Clients Through Climate Transition in Australia, NZ

Government & Regulators

European Markets Regulator Targets Greenwashing, Transparency in New Sustainable Finance Roadmap

Bank of England Launches Second Round of Climate Stress Tests for Banks, Insurers

Biden Commits $5 Billion to Build National EV Charging Network

ESG Investing

abrdn Raises Over €325 Million for Energy Transition & Decarbonization-Focused Infrastructure Fund

Nuveen Raises Over $200 Million for its First Private Equity Impact Fund

Principles for Responsible Investment Calls on Investors to Expand, Broaden Focus on DEI

Sustainable Finance

Impact Bond Issuance Tops $1 Trillion in 2021 as ‘Greenium’ Expands: ICE

Energy Transition

Green Hydrogen Tech Startup Verdagy Raises $25 Million

TotalEnergies Expands US Renewables Footprint, Acquires SunPower’s B2B Solar Business for $250M

Charles River Labs Sources Renewable Energy for 100% of Europe & North America Operations

Exec Appointments

Jupiter Asset Management Hires Sandra Carlisle as Head of Sustainability

Justin Adams Appointed Head of Partnerships for Al Gore’s Climate Fund Just Climate

S&P Global Appoints Fred Samama as Head of Strategic Development for Sustainable1

Centerview Taps Mark Tercek to Expand ESG Capabilities

The post ESG Today: Week in Review appeared first on ESG Today.