This week in ESG news: EU delays sustainability reporting standards for sectors, non-EU companies for 2 years; Microsoft signs largest-ever corporate clean energy deal; Bloomberg launches sustainability screening tool for investors; IBM appoints new Chief Sustainability Officer; IFRS & EFRAG publish guide for companies complying with ISSB and CSRD sustainability reporting; EU launches greenwashing action against 20 airlines; EY acquires Austria-based sustainability consulting firm; Workiva survey finds most companies challenged to collect accurate CSRD reporting data; sustainable bond volumes rebound in early 2024; capital raises for infrastructure sustainability data, fashion sustainability reporting, renewables development, 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

Microsoft Signs Largest-Ever Corporate Renewable Energy Deal with Brookfield

McKinsey, JPMorgan, Alphabet & Others Sign $58 Million Biomass-Based Carbon Removal Deal Through Frontier

Guest Post: Companies Remain Largely Unprepared for Heightened Climate Risk

Honda to Launch $11 Billion EV Value Chain in Canada

ESG Reporting

IFRS, EFRAG Publish Guide for Companies Complying with Both ISSB and CSRD Sustainability Reporting Standards

IBM Adds CSRD Sustainability Reporting Capabilities to ESG Data Platform

ISSB Publishes Digital Taxonomy for Sustainability Disclosures

83% of Companies Say Collecting Accurate Data for CSRD Reporting Requirements will be a Challenge: Workiva Survey

EU Approves 2 Year Delay to Sustainability Reporting Standards for Specific Sectors and non-EU Companies

Government & Regulators

EU Launches Greenwashing Action Against Airlines Over Emissions Offsetting Claims

EU Parliament Approves New Law to Boost Manufacturing of Key Decarbonization Technologies

Canada to Require Plastic Producers to Track, Report on Plastics Placed on Market

ESG Services and Tools

Carbon Credit Ratings Provider Sylvera Launches Tools to Find, Compare and Screen Carbon Markets Projects

Goldman Sachs Acquires Environmental Risk Reduction Services Provider Adler & Allan

EY Acquires Sustainability Consulting Firm Denkstatt

Microsoft Adds AI-Powered Capabilities to Predict Emissions Impact of Actions to Sustainability Platform

Sustainable Finance

Global Sustainable Bond Issuance Rebounds to $281 Billion in Q1 2024: Moody’s

Private Equity & Venture Capital

Infrastructure Sustainability-focused Satellite and AI Startup AiDash Raises $58.5 Million

Carbonfact Raises $15 Million for Emissions Reporting Solution for Fashion Industry

U.S. Solar Developer Pine Gate Raises $650 Million

ESG Investing

Bloomberg Launches Sustainability Screening Tool for Investors

Exec Moves

IBM Appoints Christina Shim as New Chief Sustainability Officer