This week in ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. news: CFA Institute launches climate investing certification; BlackRock invests $550 million in carbon capture project; CDP to align with European sustainability reporting standards; KKR raises nearly $3 billion for impact fund; France bans fossil fuel companies from responsible investment funds; GRI, IFRS launch hub to help companies build sustainable reporting capacity; Moody’s launches assessments of company climate plans; Schneider Electric acquires climate consultancy; Australia to develop sustainable finance taxonomy; KPMG study finds high cost, green-on-green conflict holding back net zero progress, and more.
See below for the highlights of the past week, and get all your ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. news at ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. Today:
Sustainability Goals, Initiatives and Achievements
HubSpot Commits to Net Zero Across Value Chain by 2040
Air Products to Build Largest “Blue” Hydrogen Plant in Europe
Government & Regulators
France Bans Fossil Fuel Companies from Responsible Investment Labelled Funds
Biden Administration Invests $2 Billion in Low Carbon Material Building Projects
Dutch Regulator Calls for Sustainability Impact Disclosures for all Financial Products
ESG Reporting & Disclosure
GRI, IFRS Announce Initiative to Help Companies Build Sustainability Reporting Capacity
CDP to Align Reporting Platform with European Sustainability Reporting Standards
ESG Services and Tools
Moody’s Launches Assessments of Corporate Decarbonization Plans
Schneider Electric Acquires Climate Consultancy EcoAct
CFA Institute Launches Climate Investing Certificate
BeZero Launches Carbon Credit Portfolio Construction Solution
Sustainable Finance
Australia to Develop Sustainable Finance Taxonomy, Labels for ESG Investment Products
ESG Investing
Fidelity to Vote Against Companies That Don’t Meet Deforestation-Related Expectations
LGIM Launches New Series of Government Bond ESG Funds
BlackRock Invests $550 Million in World’s Largest DAC Carbon Capture Project
Private Equity & Venture Capital
GM, Stellantis Invest in Sustainable EV Magnet Startup Niron Magnetics
Finance & Sustainability Professional Education Platform xUnlocked Raises $6 Million
EQT Acquires Battery Storage Platform Statera
Cleantech Startup Princeton NuEnergy Raises $16 Million for Battery Recycling Solution
KKR Raises $2.8 Billion for SDG-Focused Global Impact Fund
Exec Moves
Danske Bank AM Appoints Mads Steinmüller as Head of New Climate and Nature Team
Nuveen Appoints Nick Moss as Head of Nature Based Solutions
Edmond de Rothschild Appoints Nathalie Wallace as Chief Sustainability Officer
Natixis IM Appoints Laura Kaliszewski as Global Head of Client Sustainable Investing
Reports, Surveys & Studies