ESG Today: Week in Review

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. More news: Deloitte invests $1 billion to scale sustainability and climate practice; Goldman’s $1.9 billion acquisition of ESG-focused asset manager NN IP; BlackRock expects big ramp in net zero aligned investments; Honeywell to set value chain emissions target; IHS Markit founder appointed head of climate investment platform BeyondNetZero; BNP Paribas commits to measure & report finance emissions; Apple avoids 14 million tons of supply chain emissions; EU moves forward on setting green bond rules; SBTi developing standard to assess financial institutions’ climate goals; Mercedes, BMW launch initiatives to cut emissions, 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. More 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. More Today:

Sustainability Goals, Initiatives and Achievements

Apple Suppliers Double Use of Clean Energy, Avoiding 14 Million Tons of Emissions

Honeywell Commits to Set Scope 3 Emissions Target

Stripe, Alphabet, McKinsey, Shopify, and Meta Launch $925 Million Initiative to Scale Carbon Removal Market

Intel Launches Net Zero Goal, Initiatives to Tackle Product Use & Supply Chain Emissions

Mercedes-Benz Unveils Plans to Cut Emissions in Half by 2030, Ramp Use of Sustainability-Linked Finance

BMW to Use Green Aluminum Wheels, Cutting Annual Supply Chain Emissions by 500,000 Tonnes

Government & Regulators

EU Council Agrees to Move Ahead with Creation of European Green Bond Rules

ESG Reporting & Disclosure

IBM Launches New Framework for ESG Initiatives and Reporting

Investor Groups Urge EU to Mandate Climate Transition Plan Disclosure to Back Up Net Zero Commitments

ESG Services and Tools

Deloitte Invests $1 Billion in Sustainability & Climate Practice

ICE Launches Data Solution to Help Investors Meet SFDR Requirements

SBTi Developing Standard to Set and Assess Banks’ and Investors’ Net Zero Commitments

ESG Investing

BlackRock Expects 75% of Corporate & Sovereign Investments to be Net Zero-Aligned by 2030

Goldman Sachs Completes $1.9 Billion Acquisition of ESG-Focused Asset Manager NN Investment Partners

Guest Post: ESG and Impact – Why We Need Both for Meaningful Change

Global X Launches ETF Providing Exposure to Green Buildings Sector

Schroders Completes Acquisition of Majority Stake in Renewable Infrastructure Investor Greencoat

Investor Campaign Targets Removal of Auditor Over Climate Accounting at Buildings Materials Giant CRH

Sustainable Finance

BNP Paribas Becomes PCAF’s 250th Signatory, Committing to Measure and Disclose Financed Emissions

Energy Transition

TotalEnergies, ENEOS Partner on Distributed Solar, Sustainable Aviation Fuel

Clean Energy Developer TagEnergy Raises €450 Million to Fuel International Growth

Ørsted Orders Green-Fuel Powered Vessel for Offshore Wind Farms

Exec Appointments

General Atlantic Appoints IHS Markit Founder Lance Uggla CEO of its Climate Investment Platform BeyondNetZero

Salesforce Launches Initiative to Scale Ocean-Based Carbon Credits, Hires VP of Climate Action

KKR Hires Pamela Alexander to Lead Philanthropy and Corporate Citizenship

Reports, Studies & Surveys

Chief Sustainability Officers Gaining in Influence, Still Lack Board Access: PwC’s Strategy&

Google Cloud Survey: Execs Prioritizing ESG Efforts, but Struggle to Measure Progress

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