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. More news: EU Parliament approves new anti-greenwashing law; investors urge Shell to set Paris-aligned climate targets; Barclays launches new sustainable banking, energy transition investment banking teams; PwC CEO survey finds companies upskilling workers for climate megatrend; Australia drafts law requiring mandatory climate reporting; Amazon claims title of largest corporate renewable energy buyer; companies pledge to begin nature-related reporting; Northvolt signs record $5 billion green loan; capital raises for green materials, supply chain sustainability software, clean energy tech, sustainable mobility, 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. More 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. More Today:
Sustainability Goals, Initiatives and Achievements
Amazon Invests in Over 100 New Solar and Wind Projects Over Past Year
Trafigura Signs Advance Carbon Credit Purchase Agreement with DAC Provider 1PointFive
Guest Post: 2024, The Year to Move from Climate Ambition to Action
KIRCHHOFF Signs €130 Million Green Steel Supply Deal with H2 Green Steel
Government & Regulators
EU Parliament Approves New Law Banning Misleading Product Sustainability Claims
EU Lawmakers Agree on New Rules to Reduce Emissions from Trucks by 90% by 2040
ESG Reporting
320 Companies Commit to Begin Nature-Related Disclosure Based on TNFD Framework
Australia Proposes New Law Requiring Mandatory Climate Reporting for Companies
ESG Services and Tools
Novata Launches Carbon Data Management and Reporting Solution for Private Markets
Sustainable Finance
Barclays Launches New Sustainable Banking Business
Northvolt Signs Record $5 Billion Green Loan to Scale Circular Gigafactory
Barclays Launches New Energy Transition-Focused Investment Banking Team
Private Equity & Venture Capital
Sustainable Bio-based Materials Producer ZymoChem Raises $21 Million
Green Steel Startup Element Zero Raises $10 Million
Supply Chain Traceability Platform TrusTrace Raises $24 Million
Sustainable e-Fuels Startup INERATEC Raises $129 Million
Blue Earth Capital Raises $378 Million for Private Equity Climate Impact Strategy
Fast Charging EV Network Provider Electra Raises $330 Million
Clean Energy Tech Startup Aira Raises €145 Million to Accelerate Residential Heating Electrification
Cleantech Company Hexagon Purus Raises $96 Million to Scale Zero Emissions Mobility Solutions
General Atlantic Acquires Sustainable Infrastructure Investor Actis
ESG Investing
$4 Trillion Investor Group Urges Shell to Set Paris-Aligned Scope 3 Emissions Target
Exec Moves
Lazard Appoints Evie Paterson as PM for Global Sustainable Equity Team
Natixis’ Private Markets Unit Flexstone Appoints Samira Boussem as Head of Sustainability
Reports, Studies & Surveys