This week in ESG news: LEGO Group ties bonuses for all employees to climate goals; EU issues final rules for funds using ‘sustainability,’ ‘ESG’ names; Microsoft signs reforestation-based carbon removal megadeal; Deloitte survey finds Gen Zs and millennials increasingly consider sustainability in consumption and employment decisions; ERM & Workiva partner on sustainability reporting solutions; EU requires 90% emissions reduction from trucks and buses by 2040; Microsoft to require 100% clean electricity use from key suppliers to get climate goals back on track; BCG buy sustainable aviation fuel made from CO2; Mercedes-Benz launches project to boost recycled materials in cars, 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

BCG Buys Sustainable Aviation Fuel Made from CO2 from Twelve

Microsoft to Require Key Suppliers to Use 100% Carbon-Free Electricity as Supply Chain Emissions Jump

Airport Operator Groupe ADP Invests $20 Million in Sustainable Aviation Fuel Provider LanzaJet

Pernod Ricard Commits to Science-Based Emissions Reduction Goals

Mercedes-Benz Launches “Urban Recycling” Pilot Project to Source Recycled Raw Materials for New Cars

LEGO Group Ties Bonuses for All Employees to Emissions Reduction Goals

Meta Signs Deal for 210 MW of Renewable Energy from New Solar Projects in Indiana

Microsoft Signs Another Reforestation-Based Carbon Removal Megadeal

ESG Reporting

ERM, Workiva Partner to Provide Sustainability Reporting Solutions and Services

Government & Regulators

Australia Invests Over $5 Billion to Develop Clean Hydrogen Sector

Biden Quadruples Tariffs on China EVs, Batteries

EU Adopts New Rules Requiring 90% Emissions Reductions from Trucks and Buses by 2040

ESG Services and Tools

Normative Launches New Tools to Plan Carbon Reduction Actions, Integrate Supplier Emissions Data

Sustainable Finance

Mizuho Pledges to Provide $13 Billion Financing to Develop Hydrogen Supply Chain

Private Equity & Venture Capital

Norrsken VC Raises $345 Million for Impact Solutions Venture Fund

Ndustrial Raises $18.5 Million for AI-Powered Industrial Energy Optimization Solution

ESG Investing

EU Issues New Rules for Funds Using “ESG” or “Sustainability” Names to Address Greenwashing Risk

Fidelity International Launches New Article 9 SDG-Focused Sustainable Bond Funds

Exec Moves

Climate Investor Pollination Appoints Abhay Pande to Lead Transition Finance Practice

Reports, Studies & Surveys

Over 40% of Gen Z & Millennials Have or Plan to Change Jobs Over Climate Concerns: Deloitte Survey