This week in ESG news: EU delays sector-specific sustainability reporting rules; Canada’s $80 billion response to the Inflation Reduction Act; Mercedes-Benz pledges to reduce emissions 80%; Investor group announces position to end financing of new oil & gas projects; JPMorgan builds out sustainable growth equity team; EU adopts rule requiring zero-emission cars by 2035; UK delays anti-greenwashing rules for investors; Bloomberg launches SFDR-aligned investment selection tool; capital raises for ESG data solutions, sustainable protein; Nestlé invests in solar project to power US manufacturing, 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

Mercedes-Benz Pledges to Reduce Emissions from Production by 80% by 2030

United Invests in Climate Tech Provider Svante to Turn Captured Carbon into Jet Fuel

Nestlé Invests in Texas Solar Project to Power U.S. Manufacturing

Government & Regulators

Canada Announces Over $80 Billion Clean Tech & Energy Investments to Compete with U.S. Inflation Reduction Act

Texas Anti-ESG Investing Bill Faces Pushback Over $6 Billion Cost to Pensions

EU Reaches Deal to Nearly Double Renewables in Energy Mix by 2030

UK Regulator Delays Anti-Greenwashing Sustainability Disclosure and Labelling Rules for Investors

EU Adopts Rules Requiring Zero Emissions from New Cars by 2035 After Reaching Deal on e-fuels

ESG Reporting & Disclosure

UK to “Consult” on Requirement for Companies to Disclose Climate Transition Plans

EU Delays Sector-Specific Sustainability Reporting Standards

EU Lawmakers Agree to Law Requiring EV Charging & Hydrogen Refueling Network Deployment

ESG Services and Tools

Bloomberg Launches Dashboard Enabling SFDR-Aligned Investment Selection

ESG Investing

$11 Trillion Investor Group Announces Policy to End Financing New Oil and Gas Projects

Amundi Appointed Investment Manager of $200 Million Climate Bond Strategy for AMX by Carne

Federated Hermes Launches Article 9 Investment Grade Credit Fund Targeting Carbon, Water & Waste Leaders

Investor Group Urges Companies to Provide “Credible Net Zero Transition Plans”

Fidelity International Launches Decarbonization-Focused Government Bond Fund

Sustainable Finance

Munich Re Exits Net Zero Insurance Alliance

Siemens Energy Issues Inaugural €1.5 Billion Green Bond

Private Equity & Venture Capital

JPMorgan Builds Out Sustainable Growth Private Equity Team

ESG Data Startup Atlas Metrics Raises €5.2 Million to Build Out Platform

Sustainable Protein Company Unibio Announces $70 Million Investment from SIIG

Exec Moves

Mirova Appoints Zineb Bennani as U.S. CEO in Global Push

EY Appoints Will Rhode as Global Private Equity ESG Leader

Reports, Studies & Surveys

Investors Worried About Political Pressure if they Take Climate Action… and if They Don’t: Robeco

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