This week in ESG news: Shell’s board of directors sued over climate strategy; UK regulator to test asset managers for greenwashing claims; Nordea ties top exec compensation to ESG goals; CDP says only 1 in 200 companies have credible climate plans; KPMG & Workiva partner on ESG reporting solutions; Aviva Investors to require climate transition plans & nature-related reporting from portfolio companies; Goldman Sachs to invest over $1 billion in biomethane; Republicans launch anti-ESG group in Congress to target SEC climate rules; capital raises for carbon markets, EV battery tech; MSCI launches tool for companies to compare ESG performance to peers, EY acquires Spanish ESG consultancy; 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

Shell Board of Directors Sued over “Flawed” Climate Strategy

Wendy’s Commits to Slash Emissions Across Operations, Franchisees and Supply Chain

HVAC Giant Carrier Commits to Net Zero Emissions Across Value Chain by 2050

Nordea Ties Incentive Compensation for Top Execs to ESG Goals

BMW Says it Could Reach 50% EV Sales Earlier than 2030 Goal

Government & Regulators

SEC to Examine Investment Advisors, Funds on ESG Investing Practices

UK Regulator to Test Asset Managers’ ESG Claims for Greenwashing

UK PM Rishi Sunak Launches Department for Energy Security and Net Zero

Republicans Launch Group to ‘Combat Threat’ of ESG, ‘Rein in’ SEC

ESG Reporting & Disclosure

Guest Post: How Real Estate Firms Can Streamline ESG Reporting and Improve Their Bottom Lines

ESG Services and Tools

EY Acquires Spanish ESG Consulting Firm Attalea

KPMG, Workiva Partner to Deliver ESG Reporting Solutions and Services

MSCI Launches Solution for Companies to Assess, Compare ESG and Climate Performance

ESG Investing

Aviva Investors Asks Portfolio Companies for Climate Transition Plans, Nature-Related Reporting

Goldman Sachs Targets Europe Biomethane Opportunity with New Investment Platform

Sustainable Finance

Investor Urge European Banks to Follow HSBC on Ending New Oil & Gas Financing

Comcast Issues its First $1 Billion Green Bond

Bank of America Launches Financing for Home EV Chargers with Strong Anticipated Demand Following Inflation Reduction Act

Private Equity & Venture Capital

Bank-Backed Carbon Market Carbonplace Raises $45 Million

EV Battery Tech Startup Liminal Raises $17.5 Million

Planet A Raises €160 Million for Science-Based Green Tech VC Fund

Planet First Partners Raises €450 Million for Sustainable Economy Transition Fund

Exec Moves

BlackRock Sustainable Investing Executive Paul Bodnar to Join $10 Billion Bezos Earth Fund

Acre Hires Gloria Mirrione as Head of Sustainable Finance & Impact investing, Americas

Reports, Studies & Surveys

Less than 1% of Companies Have Presented Credible Climate Transition Plans: CDP

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