This week in ESG news: BlackRock says net zero transition not yet priced into markets; Germany to transition to 80% renewable energy by 2030; Bloomberg survey finds financials still at early stages on managing climate risk; DOE allocates over $2.6 billion to carbon capture & storage; Sustainability ratings provider EcoVadis acquires supply chain data specialist; Mizuho appoints first Chief Sustainability Officer; FactSet commits to net zero by 2040; UK pushes for more “S” in ESG; EU invests $1.8 billion in decarbonization tech projects; Microsoft inks 10-year carbon removal deal; BNP Paribas AM aims to be leading sustainable investor in Europe; capital raises for green building solutions, energy efficiency tech, community solar, 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

Alaska Airlines, Twelve & Microsoft Collaborate to Use Sustainable Aviation Fuel Produced from Captured CO2

FactSet Announces 2040 Net Zero Commitment

Microsoft Signs 10,000 Ton Carbon Removal Agreement with DAC Provider Climeworks

Walmart Builds Out EV Fleet with Order of 4,500 Electric Delivery Vans from Canoo

Shell Invests $38 Million in Forest Preservation Carbon Credit Project Developer Carbonext

bp, thyssenkrupp Launch Hydrogen-Focused Steel Decarbonization Collaboration

Government & Regulators

UK Launches Taskforce to Support Integration of Social Factors in Pension Scheme Investments

DOE Announces Over $2.6 Billion Funding for Carbon Capture & Transport Infrastructure Projects

EU Invests €1.8 Billion in Clean Tech Decarbonization Projects

SEC Reverses Trump-Era Rules Limiting Proxy Advisors

Germany Enshrines 80% Renewable Electricity Target into Law

ESG Services and Tools

Persefoni Launching Financed and Portfolio Emissions Analytics Suite for Banks, Investors

EcoVadis Acquires Sustainable Supply Chain Data Mining Provider ecotrek

CLEAResult Launches Carbon Measurement & Reporting Solution

WTW Acquires Fintech Butterwire to Boost Climate Analytics Capabilities

ESG Investing

BlackRock: Net Zero Transition Not Yet Fully Priced in to Markets

BNP Paribas AM Sets 3-Year Goal to Be Leading European Sustainable Asset Manager

Sustainable Finance

Iberdrola Extends Sustainable Finance to Include Water Goals with New $2.5 Billion Credit Agreement

Private Equity & Venture Capital

Partners Group Invests $500M for Majority Stake in Energy Efficiency Platform Budderfly

Apollo Invests $175 Million in Summit Ridge to Help Scale Community Solar Platform

Green Building Tech Unicorn Nexii Raises $35 Million to Meet “Surging Demand”

Low Carbon Building Materials Startup Terra CO2 Raises $46M, Backed by Bill Gates’ Breakthrough Energy

VC Investor Cathay Innovation Launches $1 Billion Sustainable Transformation Fund

OMERS Acquires UK Utility & Infrastructure Service Provider Network Plus, Citing Decarbonization Tailwinds

Energy Transition

GM, EVgo, and Pilot Launching EV Fast-Charging Network Across US Highways

Panasonic, Kansas Plan $4 Billion EV Battery Plant

PepsiCo Sources Renewable Energy to Power 100% of Spain & Portugal Sites in Deal with Iberdrola

Exec Moves

Mizuho Appoints its First Chief Sustainability Officer

ESG Book Appoints LSEG’s Leon Saunders Calvert as Chief Product Officer

Impax Hires Nana Li to Lead Sustainability and Stewardship in AsiaPac

Amundi Hires Céline Boyer-Chammard for New Chief Sustainable Transformation Officer Role

BlackRock Hires Christopher Kaminker as Deputy Head of Sustainable Investing

Reports, Studies & Surveys

Fitch: Apparel, Durables & Electronics are Most Exposed Sectors in Retail to Climate Risk

Bloomberg Survey: Financial Firms Still Early Stage on Climate Risk Integration, Lack Consensus on What to Measure

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