This week in ESG news: BlackRock aims to raise $1 billion for impact fund supporting communities of color; Deloitte launches suite of ESG 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 ESG news at ESG 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

United Airlines Announces First Overseas Purchase Agreement for Sustainable Aviation Fuel for a US Airline

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

GRESB Launches Climate Risk and Reporting Solutions for Real Estate and Infrastructure Asset Managers

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

Blackstone Acquires Majority Stake in Environmental Engineering, Design, and Consulting Services Provider Geosyntec

Carbon Clean Raises $150 Million to Scale Heavy Industry Decarbonization Solutions

Energy Transition

IKEA Enters US Residential Solar Market

Ontario Teachers’ Pension Plan to Invest up to $1 Billion in Macquarie’s Corio Offshore Wind Business

RMI, Energy Web Unveil Approach to Measure Impact of Renewable Energy Purchases, Starting with Crypto Sector

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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