This week in ESG news: Nestlé moves away from carbon offsets to hit climate goals; Salesforce adds ESG reporting capabilities to sustainability platform; UK announces tighter emissions caps for carbon intensive sectors; new code of conduct launched for ESG ratings providers; Carlyle acquires sustainability consultancy Anthesis; Estée Lauder unveils requirements for responsible stores; EU to make textile producers pay for waste; Mizuho quadruples sustainable finance goal to $700 billion; Biden invests $1 billion to boost clean hydrogen demand; international agreement reached to cut shipping emissions to net zero, 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

PUMA Commits to Deforestation-Free Leather by 2030

bp Invests in Biofuel Startup WasteFuel to Produce Clean Transport Fuels

ZF Signs €1.5 Billion Low Carbon Steel Purchase Agreement with H2 Green Steel

Estée Lauder Launches Responsible Store Design Framework

Crédit Agricole Launches Division to Lead Environmental, Social Initiatives

Nestlé Moves Away from Carbon Offsets to Focus on Emissions Reductions Across Brands

Guest Post: The Biggest ESG Concern for Boards Isn’t What You Might Think

Government & Regulators

International Agreement Reached to Cut Shipping Emissions to Net Zero “Around” 2050

Biden Announces $1 Billion Investment in Clean Hydrogen “Demand-Side” Initiative

EU Sets Sites on Fast Fashion with New Rules Making Producers Pay for Textile Waste

UK Tightens Emissions Caps for Aviation, Power Sectors Beginning 2024

ESG Reporting & Disclosure

Salesforce Adds ESG Reporting Capabilities to Sustainability Platform

ESG Services and Tools

Code of Conduct for ESG Data and Ratings Providers Launched as Regulatory Pressure Builds

ESG Investing

Franklin Templeton Launches New SDG-aligned Food, Health & Wellness ETFs

Sustainable Finance

Mizuho Raises Sustainable Finance Goal to $700 Billion by 2030

Aeroporti di Roma Issues €400 Million Bond Tied to Climate Goals

Private Equity & Venture Capital

NextEnergy Raises $480 Million for Solar Infrastructure Fund

Carlyle Acquires Majority Stake in Sustainability Consultancy Anthesis

Reports, Studies & Surveys

Up to $4 Trillion Investment Needed in Materials Supply Chains to Meet Decarbonization Goals: McKinsey

60% of Analysts say Companies’ ESG Claims not Backed up by Action: Fidelity Survey

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

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