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. news: Climate stress test finds EU banks overexposed, underprepared for climate risk; Blackstone invests $400 million in carbon & environmentalEnvironmental criteria consider how a company performs as a steward of nature. markets platform; Pfizer commits to net zero; HSBC responsible investing head resigns after downplaying climate risk; capital raises for green transition, climate solutions funds; FCA delays 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. disclosures for fund managers; ECB to transition €350 billion bond portfolio to better climate performers; MSCI launches tool to measure portfolio emissions; India implements single-use plastic ban; high cost, lack of data, holding back SME climate action; TCS launches 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. integration tool for investors, 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
Pfizer Announces 2040 Net Zero Commitment
US Foods to Ask Key Suppliers for Science-Based Emissions Reduction Commitments
MSC Cruises, Fincantieri to Launch World’s First Cruise Ships Utilizing Hydrogen Power
SLC Management Commits $139 Billion Portfolio to Net Zero by 2050
SMEs Lagging on Climate Action Due to Cost, Lack of Information: Report
HKEX Forms Council to Launch International Carbon Market
Government & Regulators
ECB Climate Stress Test: Banks are Overexposed, Underprepared for Climate Risk
India Implements Single Use Plastic Ban
European Lawmakers Defeat Move to Keep Nuclear and Gas out of Green Investment Taxonomy
ECB to Transition Corporate Bond Portfolio to Better Climate Performers
ESG Reporting & Disclosure
FCA Pushes Back Process to Introduce Sustainability Disclosures, ESG Labels for Investors
ESG Services and Tools
TCS Launches ESG Integration Tool for Investors
K2 Launches ESG Certification for Fund Managers to Tackle Greenwashing Risk
ERM Acquires UK-Based Marine Environment Consultancy MarineSpace
BBVA, Fifth Wall Team up to Invest in Climate Solutions for Real Estate and Construction Industries
MSCI Launches Tool to Measure Emissions of Investment & Loan Portfolios
ESG Investing
HSBC Re-Launches Small & Mid Cap Growth Fund with New ESG Focus
LOIM Targets Sustainable Food Transformation Opportunities with New Investment Strategy
S&P DJI, BOCHK, Launch Climate Transition Index Covering Hong Kong Bay Area Companies
abrdn Launches Sustainable Index Series in MyFolio Investment Product Range
LGIM Launches New Net Zero Corporate Bond Fund
Sustainable Finance
Dollarama Integrates ESG Goals into $1 Billion Credit Facilities
Private Equity & Venture Capital
Blackstone Invests $400 Million in Carbon & Environmental Markets Platform Xpansiv
Partners Capital Raises $143 Million for Inaugural Environmental Impact Private Equity Fund
Climentum Capital Launches €150 Million Venture Fund to Scale Climate Solutions Startups
Algebris Raises €200 Million for Private Equity Fund Targeting Green Transition Opportunities
Carbon Transformation Startup Twelve Raises $130 Million to Turn Captured CO2 into Products
Energy Transition
PwC Australia Launches Dedicated Energy Transition Practice
Ørsted Wins UK Contract for Largest-Ever Wind Farm
Shell to Build the Largest Renewable Hydrogen Plant in Europe
Exec Moves
Wells Fargo Appoints Otis Rolley as Head of Social Impact
The post ESG Today: Week in Review appeared first on ESG Today.
