This week in ESG news: EY, Microsoft launch green skills training program; KPMG survey finds three quarters of companies not ready for upcoming ESG assurance requirements; BlackRock’s new climate transition-focused private debt fund; Austrian Airlines found guilty in greenwashing case; asset owners continuing to increase allocations to ESG investments according to new study; new EU rules to eliminate 500 million tonnes of GHG emissions; capital raises for green hydrogen, clean energy tech, energy transition infrastructure; Oxy, ADNOC explore first megaton DAC carbon capture plant outside U.S., 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

Coca-Cola Launches 100% Recycled Plastic Bottles in India

Oxy, ADNOC Partner on Potential Megaton-Scale Carbon Capture Facility in UAE

Hormel Foods Commits to Value Chain Emissions Reduction

Guest Post: The Bonds Between E, S and G are Stronger and More Important Than Ever Before

Nissan to Launch Only All-Electric Car Models in Europe Starting Now

EY, Microsoft Launch Green Skills Training Program

Nestlé Launches Program to Provide Climate Risk Insurance to Coffee Farmers

Bacardi to Cut Emissions from Rum in Half with New Heat & Power System

Saint-Gobain Signs 15-Year Solar Power Supply Agreement to Decarbonize Industrial Sites

Government & Regulators

EU Lawmakers Agree on Rules Eliminating 500 Million Tonnes of GHG Emissions

EU Launches Anti-Dumping Investigation Against Chinese Electric Vehicles

Austrian Airlines Found Guilty in Greenwashing Case over Carbon Neutral Flight Claims

EU Market Regulator Finds 4x Increase in Use of ESG Language in Fund Names

ESG Reporting & Disclosure

75% of Companies Not Ready for Pending ESG Data Assurance Requirements: KPMG Survey

ESG Services and Tools

Infosys, Economist Impact Launch Platform to Track and Address Scope 3 Emissions

Guest Post: Technology is Unlocking New Opportunities for Sustainability. Will Businesses See Them?

Clarity AI Launches Methodology to Build SFDR-Aligned Indexes and ETFs

Morgan Stanley, Stanford Launch Free Tool to Assess Business Activities’ Impact on Nature

Sustainable Finance

EU Parliament Adopts European Green Bond Standard

ESG Investing

BlackRock Launches Climate Transition-Focused Private Debt Fund

Asset Owners Continuing to Increase Allocations to ESG Investments Despite Growing Challenges: Morningstar

BNP Paribas AM Launches New Fossil-Free Fixed Income Funds

Private Equity & Venture Capital

Mirova Launches $2 Billion Energy Transition Infrastructure Fund

Energy Analytics Startup Amperon Raises $20 Million

Brookfield Acquires one of UK’s Largest Renewables Developers

Green Hydrogen Startup Electric Hydrogen Raises $380 Million

Exec Moves

Aviva Hires Leah Ramoutar as Environmental Sustainability Director