This week in ESG news: Deutsche Bank’s DWS fined by SEC after greenwashing investigation; LEGO Group hires Chief Sustainability Officer, drops plans for recycled plastic bricks; France unveils plans to cut emissions 55% by 2030; EcoVadis launches solution to track product-level GHG emissions; SEC chief considering Scope 3 emissions reporting requirement after pushback; EU bans microplastics in consumer products; investor group targets 100 companies to address biodiversity & nature loss; capital raises for sustainable food, green hydrogen, clean energy infrastructure, 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

Northvolt to Build $5 Billion Gigafactory in Canada

Nucor, Helion to Build Fusion Power Plant to Decarbonize Steelmaking

Trane Launches AI-Based Building Decarbonization Solution

LEGO Group Appoints Annette Stube as Chief Sustainability Officer

LyondellBasell Launches Line of Low Carbon Materials to Help Businesses Meet Emissions Reduction Goals

Government & Regulators

EU Bans Microplastics in Consumer Products

France Announces Plan to Cut Emissions 55% by 2030

SEC Fines Deutsche Bank Subsidiary DWS $19 Million Following Greenwashing Investigation

ESG Reporting & Disclosure

SEC Chair Says Climate Disclosure Rule Feedback Pushes Back on Scope 3 Reporting as Less Developed, Unreliable

ESG Services and Tools

EcoVadis Launches Product Carbon Emissions Tracking Solution

CBRE Signs Deal to Collect Emissions Data from Supply Chain

Sustainable Finance

La Banque Postale Launches €1 Billion Energy Transition Infrastructure Fund

ESG Investing

$24 Trillion Investor Group Launches Campaign Targeting 100 Companies to Address Biodiversity, Nature Loss

Just Climate Launches Natural Climate Solutions Investment Strategy

Private Equity & Venture Capital

EV Charging Startup SWISH Raises €47 Million

Paine Schwartz Raises $1.7 Billion for Sustainable Food Chain Fund

Infrastructure Tech Startup Neara Raises $24 Million to Help Utilities Deploy Renewable Energy, Reduce Climate Risk

InterContinental Energy Raises $115 Million to Develop Green Hydrogen Projects