This week in ESG news: Florida and Texas go on the offensive against ESG investing; McDonald’s appoints a chief impact officer; World’s first all-hydrogen powered passenger train goes into operation; California bans gas-powered car sales from 2035; Oxy to build world’s biggest Direct Air Capture plant; largest Coca Cola bottler sets up sustainability-linked supply chain finance program; Canada sings EV & battery supply chain agreements with VW and Mercedes Benz; capital raises for sustainability data, residential solar tools, climate action solutions, geothermal and renewable energy development; Amazon to decarbonize operations with green hydrogen; Robeco opens up sustainable investing IP, 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

Occidental Plans to Build World’s Largest Direct Air Capture Plant

First 100% Hydrogen-Powered Passenger Train Route Begins Operation in Germany

KLA Commits to Cut Emissions in Half by 2030, Reach Net Zero by 2050

HH Global Ramps 2040 Net Zero Goal to 90% Emissions Reduction

Firmenich Commits to Net Zero Emissions by 2039, Climate Targets Approved by SBTi

Government & Regulators

Florida Bans ESG Investing in $228 Billion State Pension Funds

Texas Places BlackRock, Credit Suisse & UBS on Divestment List for “Boycotting” Fossil Fuel Companies in Anti-ESG Backlash

California to End Sales of Gas-Powered Cars by 2035

Canada Signs EV and Battery Supply Chain Agreements with Volkswagen, Mercedes-Benz

ESG Services and Tools

Guest Post – Beyond ESG: How Technology is Pushing Impact Measurement Forward

EnergyCAP Acquires Energy Management Analytics Software Provider Wattics

Diginex Launches “Worker Voice” Supply Chain Transparency Platform

Guest Post – DEI: More Than Just an ESG Metric, It’s an Operational Framework

ESG Investing

Robeco Opens up Access to Sustainable Investing IP

Sustainable Finance

Eaton Ties Terms on New $1.3 Billion Bond to Performance on Climate Goals

Coca-Cola Europacific Partners Launches Sustainability-Linked Supply Chain Finance Program

Private Equity & Venture Capital

BlackRock-Temasek Decarbonization Fund Backs Climate Action Solutions Startup Carbon Direct

Residential Solar Installation Software Startup Solar Monkey Raises €4 Million

Sustainability Data Platform Worldfavor Raises $10 Million to Fuel Growth

KKR, GCM Grosvenor Invest in U.S. Renewable Energy Developer Arevia Power

Geothermal Power Startup Fervo Raises $138 Million

Energy Transition

Amazon Buys Green Hydrogen to Power Transportation & Buildings

Sealed Air Invests $9 Million in Solar Farm to Power California Manufacturing Facility

RWE Acquires Polish PV Developer Alpha Solar

Exec Moves

Kempen Appoints Herman Kleeven as Investment Lead for Sustainable Equity Team

McDonald’s Appoints Jon Banner as Chief Impact Officer

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