This week in ESG news: BlackRock CEO says not for asset managers “to be the environmental police”; DeSantis launches multi-state anti-ESG coalition; EU to require all member states to cut emissions; Shell declines to set tougher emission goals, says lawsuits not helpful for energy transition; Nestlé, Starbucks, Microsoft back $1 billion circular economy platform; Microsoft signs ocean-based carbon removal agreement; UK taxonomy classifies nuclear as ‘environmentally sustainable; ING sets new oil & gas finance restrictions; TD sets $500 billion sustainable finance goal; capital raises for algae biofuels, farm soil carbon capture, solar recycling tech, 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

Nestlé, Starbucks, Microsoft Back Closed Loop Partners’ Circular Economy Infrastructure Platform

Whirlpool Reaches Zero Waste to Landfill Across Global Manufacturing Sites

Shell Says Climate Lawsuits Won’t Help Energy Transition

H&M Launches Online Secondhand Garment Resale Shop

Microsoft Signs its First Ocean-Based Carbon Removal Agreement

Government & Regulators

DeSantis Launches 18-State Alliance to Ban ESG Investing

EU Commission Unveils Plans to Scale Clean Tech Manufacturing: “The Race is On”

UK Classifies Nuclear as “Environmentally Sustainable” in Green Taxonomy

EU Lawmakers Vote to Require all Member States to Cut Emissions by 2030

ECB, Regulators Working on Climate Reporting Requirements for Structured Finance Products

ESG Reporting & Disclosure

Guest Post: Greenhouse Gas Emissions – Making Standard Setting Fit for the Future

Nearly 60% of Companies not Disclosing any Supply Chain Emissions as Reporting Regulations Approach: CDP

ESG Services and Tools

EcoVadis Launches Tool to Identify Emissions Hotspots in Supply Chains

Johnson Controls Launches Tool for Building Owners to Assess, Track and Manage Emissions

ESG Investing

Larry Fink on Energy Transition: “Not Our Place to be Telling Companies What to do”

Mirova Raises Over $170 Million for Emerging Markets Clean Energy Fund

Asset Managers Linking Pay to Responsible Investment Increases 12x Since 2020 to 83%: Report

Sustainable Finance

TD Launches $500 Billion Sustainable & Decarbonization Finance Target

Robeco Raises €130 Million for New Sustainable Loan Fund

ING to Restrict Funding for Oil and Gas Infrastructure

Responsible Investing Group Urges Investors to Vote Against Credit Suisse’s Climate Strategy

Private Equity & Venture Capital

Climate Tech Startup Andes Raises $30 Million to Remove Carbon using Farm Soil

Private Equity Investors Far Ahead on Integrating ESG in M&A Dealmaking: Deloitte

Solar Panel Recycling Startup SOLARCYCLE Raises $30 Million to Scale Capacity

Algae-to-Biofuel Company Viridos Raises $25 Million from Bill Gates, United Airlines & Chevron After Exxon Exits

Exec Moves

Aegon AM Appoints Anne Scott as Global Climate Solutions Lead

Global Sustainability Standards Board Appoints Carol Adams as New Chair

The post ESG Today: Week in Review appeared first on ESG Today.