This week in ESG news: BCG launches sustainability and climate policy & regulation center; Congress votes down Biden ESG investing rule; Deutsche Bank eyes big sustainable finance opportunity; Canada government to require suppliers to disclose emissions, set targets; Citi sets climate goals for carbon-intensive sectors; EU lawmakers agree to new green bond market rules; Australia targets Mercer in greenwashing crackdown; IKEA switching to fossil fuel-free glue to address climate footprint; more states push back on anti-ESG initiatives; Pandora ties debt costs to climate & circularity goals; ERM acquires sustainable finance advisory, 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

IKEA to Switch to Bio-Based Glue to Reduce Climate Footprint

Startup Universal Hydrogen Completes First-Ever Hydrogen Fuel Cell-Powered Flight on 40-Seater Aircraft

BMW Launches Pilot Hydrogen Fuel Cell-Powered Car Fleet

JetBlue Provides Platform Enabling Customers to Address Flight Emissions with SAF Purchases

Troubled UK Gigafactory Startup Britishvolt sold to Australia’s Recharge Industries

Guest Post: Balancing the Bottom Line with the Green Line

Government & Regulators

Government of Canada to Require Suppliers to Disclose Emissions, Set GHG Reduction Targets

EU Lawmakers Strike Deal to Establish European Green Bond Standards

Republican Resolution to Stop Biden ESG Investing Rule Passes in U.S. House

Advertising Watchdog says Lufthansa Ad Made Misleading Environmental Claims

UK to Take “More Permissive Approach” to Competition Law for Agreements that Combat Climate Change

Australia Regulator Kicks off Greenwashing Crackdown with Suit Against Mercer

Wyoming Joins List of States Rejecting Anti-ESG Measures

ESG Reporting & Disclosure

Guest Post: Seven Ways ESG Reporting is Already Here

ESG Services and Tools

ERM Acquires Sustainable Finance Advisory Firm NINT

BCG Launches Climate & Sustainability Policy and Regulation Center

ESG Investing

Macquarie Launches Biomethane Platform as EU Looks to Ramp Investment

MAPFRE Acquires Majority Stake in ESG Fund Manager La Financière Responsable

Sustainable Finance

Citi Commits to Emissions Reductions in Automotive, Real Estate Loan Portfolios

Deutsche Bank Sees ESG-Related Revenue Accelerating to €1.4 Billion by 2025

Pandora Ties Debt Costs to Climate, Circularity Goals for $500 Million Bond Program

Lloyds Bank Acquires Electric Vehicle Leasing Company Tusker for £300 Million

Private Equity & Venture Capital

Climate Tech Startup BlocPower Raises $150 Million to Expand Low Income Building Decarbonization

Divert Announces $1 Billion Agreement with Enbridge to Fund Waste Food-to-Clean Energy Buildout

Ares to Invest Up to $250 Million in “Electric Trucks-as-a-Service” Provider Current Trucking

Private Markets ESG Data Platform Novata Raises $30 Million

Exec Moves

Climate Accounting Platform Persefoni Appoints Kristina Wyatt as Chief Sustainability Officer

Reports, Studies & Surveys

Global Growth in Energy-Related Emissions Slows to Less than 1% in 2022: IEA

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