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: BlackRock aims to raise $1 billion for impact fund supporting communities of color; Deloitte launches suite of 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 tools on Workiva platform; Netherlands plans €4-5 billion green bond offering; State Street to align 100% of portfolio with net zero by 2040; Goldman, JPMorgan & Amazon lead capital raises for clean energy tech startups; New emissions disclosure standard for private equity released; Unilever backs new €1 billion sustainable ag fund; Moody’s slashes sustainable finance forecast as market pressures build; Fifth Third appoints its first Chief Sustainability Officer; Carlyle launches global energy transition investment platform, 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
Phillips 66 Investing $850 Million to Convert Oil Refinery into Renewable Fuels Facility
State Street GA Unveils Portfolio Decarbonization Goals
Novelis Invests $2.5 Billion in Low Carbon Aluminum Plant to Meet Demand for Sustainable Packaging
Goldman Sachs, Citi, Fidelity Among New Firms Joining Sustainable Trading Initiative
Johnson Controls Acquires Energy Efficiency & Decarbonization Specialist Asset Plus
bp, Clean Planet Energy Enter Agreement for Circular Solution for Hard to Recycle Plastics
Government & Regulators
Netherlands to Issue €4-€5 Billion Green Bond, First to be Fully Aligned with EU Taxonomy
ESG Reporting & Disclosure
New Emissions Disclosure Standard for Private Equity Released
ESG Services and Tools
Deloitte Launches Suite of ESG Data and Reporting Solutions on Workiva Platform
ISS ESG Launches Sustainable Investment Product Disclosure Solution
ESG Investing
BlackRock Raises Over $800 Million for Impact Fund Investing in US Communities of Color
Lombard Odier IM Wins Mandate for $500 Million Fund Targeting Circular Plastic Solutions
Unilever, AXA, Tikehau Commit €300 Million to Launch Agriculture-Focused Impact Fund
BlackRock to Back Fewer Climate Proposals this Year as Quality of Resolutions Declines
Standard Life Transferring £15 Billion in Assets to Sustainable Strategies this Year
BNP Paribas AM Launches Fund Targeting Sustainable Urbanization Opportunities in Asia
Sustainable Finance
Moody’s Slashes Sustainable Finance Market Forecast as Intensifying Headwinds Pressure Volumes
HSBC Launches Initiative to Support Female-Owned Businesses, Anchored by $1 Billion Financing Fund
Private Equity
Carlyle Launches Investment Platform to Capture Global Energy Transition Opportunities
Goldman Sachs Leads $80 Million Investment in Renewable Energy Tech Provider SkySpecs
Amazon Leads $31 Million Financing of Smart Home Solar Tech Startup Ambient Photonics
Climate Tech Startup Arcadia Raises $200 Million Led by JPMorgan
Carbon Clean Raises $150 Million to Scale Heavy Industry Decarbonization Solutions
Energy Transition
IKEA Enters US Residential Solar Market
Exec Appointments
EQT Announces Senior Hires for Sustainability Team
GMO Appoints Deborah Ng as Head of ESG & Sustainability
Fifth Third Appoints Mike Faillo as its First Chief Sustainability Officer
Reports, Studies & Surveys
CEOs Facing Growing Pressure on Sustainability from Boards, Investors: IBM Survey
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