This week in ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. news: IBM study shatters “myth” that ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. harms profitability; PwC boosts nature and biodiversity capabilities; Starbucks certifies 3,500 environmentally sustainable stores; Hong Kong to require all issuers to report on climate; EU lawmakers adopt rules tackling deforestation in supply chains; Schneider Electric launches decarbonization solution for SMEs; Amundi launches new suite of net zero funds; capital raises for carbon tracking, removal, and credits, impact verification; Australia to launch inaugural green bond, back green taxonomy development; study finds most businesses planning to increase spend on sustainability, and more.
See below for the highlights of the past week, and get all your ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. news at ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. Today:
Sustainability Goals, Initiatives and Achievements
Lululemon Launches its First Products with Nylon From Plants Instead of Fossil Fuels
Holcim Launches Circular Construction Platform
Starbucks Certifies Over 3,500 Locations as “Greener Stores”
H2 Green Steel Announces €250 Million Supply Agreement for Low Carbon Steel
Government & Regulators
ECB: Banks Not Ready for Climate Disclosure Rules Taking Effect this Year
EU Lawmakers Adopt Law Banning Deforestation-Linked Products
Canada Proposes Recycled Content, Mandatory Labelling Rules for Plastic Products
EU Lawmakers Warn Against Relying too Heavily on Carbon Removals to Hit Climate Goals
Guest Post: Public Sector Progress on the Path to Sustainability
ESG Reporting & Disclosure
CDP Adds Reporting on Plastic-Related Impact and Risks to Disclosure System
Guest Post: Get Ready For The U.S. SEC’s Climate Disclosure Rule
Hong Kong Exchange to Require Climate Reporting from All Issuers Beginning 2024
G7 Ministers Urge Implementation of Mandatory Climate Disclosure
ESG Services and Tools
ERM, Persefoni Partner on Carbon Accounting, Decarbonization Services
PwC to Launch Nature and Biodiversity-Focused Practice, Upskill all Employees on Nature Impacts
ESG Book Launches Solution Enabling Companies to Access Data Behind ESG Ratings
Schneider Electric Launches Decarbonization Solution for SMEs
ESG Investing
BDC Launches $150 Million Sustainability Tech Venture Fund
Amundi Launches Suite of Net Zero Funds Across Multiple Asset Classes
Sustainable Finance
Australia to Issue Inaugural Green Bond
Singapore Launches Action Plan to Mobilize Finance for Asia’s Net Zero Transition
Private Equity & Venture Capital
Climate Tech Startup Ebb Carbon Raises $20 Million to Deploy Ocean-Based CO2 Removal Solution
Climate Tech Startup nZero Raises $16 Million to Scale Carbon Accounting Platform
S&P Global Leads $10 Million Financing for Impact Verification Startup BlueMark
Carbon Procurement Startup Abatable Raises $13.5 Million, Acquires Carbon Credit Provider Ecosphere+
Reports, Studies & Surveys
ESG Tied to Stronger Growth and Profitability, Bain and EcoVadis Study Finds
Over 70% of Businesses View ESG as a Revenue Enabler: IBM Study
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