This week in ESG 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 ESG news at ESG 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 Banking Regulator Releases Proposed Requirements for Banks to Manage ESG, Climate Transition Risks

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

Energy Storage Startup Tiamat Raises €22 Million for Lithium-free Battery Tech, Backed by Stellantis, Arkema, MBDA

ESG Investing

$4 Trillion Investor Group Urges Shell to Set Paris-Aligned Scope 3 Emissions Target

Fidelity International to Focus Sustainable Investing Efforts on Key Themes Including Nature Loss, Climate, Governance, Social Disparities

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

More than Two Thirds of Companies Planning to Upskill Workforce for Climate Change Megatrend: PwC CEO Survey