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: China exchanges unveil mandatory sustainability reporting requirements for companies; JPMorgan exits investor climate action initiative; KPMG survey finds companies still using spreadsheets to manage 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. data; Microsoft signs deal to capture & store carbon in recycled concrete; Japan launches $11 billion climate transition bond; IBM adds value chain data capabilities to 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. platform; Goldman launches green bond fund; Maersk sets new climate goals; EY survey finds consumers unwilling to pay more for clean energy; capital raises for industrial decarbonization tech, sustainable aviation fuel, cleantech startups; Dow issues $1.25 billion green bond to build new net zero chemical plant, 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
Google, Embraer Join United Airlines’ $200 Million Sustainable Aviation Venture Fund
Microsoft Signs Deal to Capture and Store Carbon in Recycled Concrete with Startup Neustark
Maersk Sets New Series of SBTi-Approved Climate Goals
Guest Post: Can Today’s CSO Become Tomorrow’s CEO?
Government & Regulators
US DOE to Provide $100 Million to Scale Carbon Removal Projects
UK Requires Developers to Deliver Net Biodiversity Improvement on Housing, Infrastructure Projects
ESG Reporting
China Stock Exchanges Announce Mandatory Sustainability Reporting Requirements for Companies
ESG Services and Tools
IBM Adds Supply Chain Emissions Data Capabilities to ESG Platform
Microsoft Adds AI, Value Chain Data Solutions to Sustainability Platform
Sustainable Finance
Japan Launches Inaugural $11 Billion Climate Transition Bond Offering
EV Battery Venture ACC Raises $4.7 Billion to Build Gigafactories Across Europe
Dow Issues Inaugural $1.25 Billion Green Bonds to Fund New Net Zero Chemical Plant
Private Equity & Venture Capital
Electric Grid Orchestration Startup Camus Energy Raises $25 Million
Sustainable Aviation Fuel Technology Company Velocys Raises $40 Million
ESG Investing
JPMorgan AM Exits Climate Action 100+
AXA IM to Vote Against Companies Lobbying Against Climate Goals
Goldman Sachs AM Launches Global Green Bond ETF
BlackRock Expands Proxy Voting Capabilities to Individual Investors
Dutch Pension Giant PFZW Divests 98% of Oil and Gas Companies over Lack of Climate Action
Exec Moves
Investec Appoints Alicia Forry as Head of ESG for Alternative Investments
AXA IM Appoints Jane Wadia as Head of Core Sustainable Product Strategy
Reports, Studies & Surveys
Nearly Half of Companies Still Using Spreadsheets to Manage ESG Data: KPMG Survey
70% of Consumers Unwilling to Spend More on Energy Sustainability: EY Survey