This week in ESG news: Brazil, Australia announce plans for mandatory sustainability reporting based on new IFRS standards; Bloomberg, S&P launch physical climate risk assessment solutions; EU adopts European green bond standards; H&M’s inaugural green bond meets strong demand; institutional investors say financial returns driving sustainable investing; Switzerland to develop labeling and disclosure rules for ESG investment products; Deutsche Bank unveils net zero action plan; capital raises for sustainable mining, geothermal energy tech; Amazon adds 39 renewables projects, 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 Canada

Amazon Adds More than 1 GW of Renewable Energy Capacity in Europe

Stellantis Invests $1.6 Billion in New Partnership with Chinese EV Automaker Leapmotor

Honeywell Launches Renewable Fuel Production Technologies in Asia Pacific

Air Liquide, Vattenfall Sign 115 MW Renewable Energy Deal in Benelux

Corio, Rise Buy $420 Million Stake in TotalEnergies 3GW U.S. Offshore Wind Project

$1 Trillion Business Coalition Calls for Plans to Phase Out Fossil Fuels at COP28

Government & Regulators

New York Announces Largest-Ever State Renewable Energy Investment

EU Council Adopts New European Green Bond Standard

Switzerland to Introduce Labelling and Disclosure Rules for Sustainable Investment Products

ESG Reporting & Disclosure

Brazil to Require Mandatory Sustainability Reporting from 2026

Australia Releases Proposed IFRS-based Climate-related Reporting Standards

ESG Services and Tools

S&P Global Adds Physical Risk Assessment to Climate Credit Analytics Solution

Bloomberg Launches Indicators to Measure Exposure to Physical Climate Risk

Alcumus Acquires Sustainability Certification Provider Planet Mark

TMF Group Launches ESG Reporting Service

Sustainable Finance

DBS Launches Sustainable Finance Solution for SMEs

H&M Issues its First $500 Million Green Bond to Fund Climate, Circularity Goals

Deutsche Bank Publishes Net Zero Transition Plan for Operations, Supply Chain, Financed Emissions

ESG Investing

64% of Institutional Investors Say Financial Returns is Top Driver for Sustainable Investing: Schroders

Private Equity & Venture Capital

Geothermal Energy Tech Startup Eavor Raises $182 Million

Sustainable Mining Tech Startup Eden Raises $12 Million

Exec Moves

M&G Appoints Kathy Ryan as its First Chief Sustainability Officer

Reports, Surveys & Studies

Current Policies on Track for Peak Oil, Gas and Coal by 2030 for First Time: IEA