This week in ESG news: BNP Paribas ends financing for new oil and gas projects; Scope 3 disclosure by public companies growing, MSCI finds; EY launches blockchain-based carbon tracking platform; Bain study finds banks split on views of ESG as risk vs opportunity; high court dismisses climate lawsuit against Shell directors; Biden admin proposes major power sector emissions reductions; State Street launches carbon markets services; capital raises for sustainable packaging, carbon markets solutions and EV charging deployment; venture capital investors launch net zero alliance; Microsoft signs fusion energy deal; CBRE to roll out Deepki real estate sustainability platform, 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

UK High Court Dismisses Climate Lawsuit Against Shell Directors

Emirates Launches $200 Million Sustainable Aviation Solutions Fund

Microsoft to Source Clean Energy from World’s First Fusion Power Plant

Honeywell Launches Technology to Convert CO2 to Sustainable Aviation Fuel

DHL Launches Service for Air Cargo Clients to Address Carbon Impact of Shipping

Grab Commits to Zero Packaging Waste in Nature by 2040

Volvo Road Tests Hydrogen-Powered Electric Trucks

Government & Regulators

Biden Administration Announces Rules to Slash Power Plant Emissions

Australia Invests $1.4 Billion to Scale Green Hydrogen Industry

EU Lawmakers Push for Stronger Methane Emissions Reduction Rules

ESG Reporting & Disclosure

More than a Third of Public Companies Now Reporting Scope 3 Emissions: MSCI

ESG Services and Tools

CBRE to Invest in, Roll Out Real Estate Sustainability Platform Deepki

EY Launches Blockchain-based Carbon Tracking Solution

S&P Launches Dataset to Track Nature and Biodiversity Risk

IBM Launches Solution to Track Emissions from Cloud Computing

Clarity AI, GIST Impact to Launch Biodiversity Impact Assessment and Reporting Solution for Investors

ESG Investing

Sustainable Infrastructure Investor Actis Launches $500 Million Japan-Focused Renewables Platform

State Street Launches Investor Services for Rapidly Growing Carbon Market

Sustainable Finance

BNP Paribas Ends Financing for New Oil and Gas Projects

Verizon Issues its Fifth $1 Billion Green Bond to Invest in Clean Energy

Private Equity & Venture Capital

Circular Economy Startup ecoSPIRITS Raises $10 Million

Carbon Markets Startup Cloverly Raises $19 Million

EV Charging Startup Driveco Raises €250 Million to Build Out European Network

JOLT Raises €150 Million to Build Ultra-Fast EV Charging Network

Venture Capital Investors Launch Net Zero Alliance to Align Startup Portfolios with Climate Goals

Reports, Studies & Surveys

Banks Split on Views of ESG as Source of Risk vs Opportunity, Bain Study Finds

Institutional Investor Carbon Exposure Rises Even as Emissions Intensity Falls, State Street Study Reveals

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