This week in ESG news: EU fails to pass environmental & human rights sustainability due diligence law; Singapore to introduce mandatory sustainability reporting; Deutsche Bank launched new sustainable finance framework; Senior execs say sustainability drives better revenues, profitability, IBM survey finds; IAG signs one of largest-ever sustainable aviation fuel deals; Australian companies call for delay to mandatory sustainability reporting; Nokia commits to net zero value chain emissions by 2040; S&P launches biodiversity-focused versions of flagship indexes; Canada launches green bond with nuclear as eligible investment category, 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

British Airways Parent IAG Signs Deal for Nearly 1 Billion Liters of Sustainable Aviation Fuel

Lululemon, Samsara Eco Announce Nylon Recycling Breakthrough

Nokia Commits to Net Zero Value Chain Emissions by 2040

Government & Regulators

EU Council Fails to Approve New Environmental, Human Rights Sustainability Due Diligence Law

EU Lawmakers Approve Penalties Including Imprisonment, Fines for Environmental Crimes

EU Parliament Adopts Nature Restoration Law, Overcoming Last-Minute Objections

ESG Reporting

Singapore to Introduce Mandatory Climate Reporting Beginning 2025

Guest Post – Adapting to CSRD: 5 Essential Considerations for European Businesses

Australian Companies Call for 1 Year Delay to Mandatory Climate Reporting Requirements

Sustainable Finance

Verizon Issues $1 Billion Green Bond to Invest in Renewable Energy

Canada Launches Second Green Bond Offering, Adds Nuclear Power to Eligible Investment Categories

Deutsche Bank Releases New Framework to Classify Sustainable Finance and Investment

Private Equity & Venture Capital

Industrial Decarbonization Startup Antora Energy Raises $150 Million for Zero-Emissions Heat & Power Solution

ESG Investing

Munich Re’s MEAG Raises Over $200 Million for Sustainable Forestry Fund

S&P Launches Biodiversity-Focused Versions of S&P 500 and Global LargeMidCap Indices

Exec Moves

Carlyle Hires Former Goldman Sachs Commodities Research Head Jeff Currie for New Energy Transition Role

Climate Consultancy South Pole Appoints Daniel Klier as New CEO

Reports, Studies & Surveys

Businesses Embedding Sustainability Outperforming on Profitability, Talent Attraction: IBM Survey