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: Over half of global economy moving towards coverage by IFRS’ sustainability reporting standards; EU adopts new legislation aimed at scaling decarbonization tech industries; PwC, IFS to launch sustainability management and reporting solution; HSBC launches carbon calculator for SMEs; EU regulator calls for reporting requirements by SMEs on positive sustainability impacts, opportunities; U.S. issues new policies for carbon markets; more than half of ESG-labelled funds may need to change names to comply with new EU anti-greenwashing rules; Robeco survey finds growing investor allocations to brown-to-green transition strategies; EU adopts new product sustainability rules; capital raises for building decarbonization, green materials, climate fintech, sustainable shipping tech, 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
Brookfield In Talks to Acquire Clean Energy Developer Neoen for $6.6 Billion
Pernod Ricard Signs Global Sustainable Packaging Agreement with Circular Economy Startup ecoSPIRITS
Guest Post: Giving Africa a Leading Voice in the Biodiversity Battle
Google Signs its First Renewable Energy Purchase Deals in Japan
Microsoft Signs 15-Year Renewable Energy Agreements with RWE in Texas
ESG Reporting
Government & Regulators
Biden Administration Launches New Policy Guidelines for Carbon Credit Buyers and Sellers
EU Adopts Net Zero Industry Act to Scale up Decarbonization Technologies
EU Adopts New Product Sustainability Rules, Ban on Destruction of Unsold Clothing and Footwear
ESG Services and Tools
IFS, PwC UK to Launch Sustainability Management and Reporting Solution
Sustainable Finance
HSBC UK Launches Carbon Calculator for SME Clients
Private Equity & Venture Capital
Clean Energy Ventures Raises Over $300 Million for Climate Tech Venture Fund
Energy Capital Partners Raises $6.7 Billion for Energy Transition Infrastructure Buyout Fund
Climate Impact Fintech Doconomy Raises $37 Million to Help Consumers Make Sustainable Choices
Building Decarbonization Platform Vizcab Raises $10 Million
Logistics Emissions Management Platform Shipzero Raises €8 Million
ESG Investing
Impact Investor Lightrock Launches New Global Small Cap Strategy
Candriam Launches New Sustainable Equity Emerging Markets Fund
Exec Moves
abrdn Appoints Dan Grandage as Chief Sustainability Officer, Investments
Reports, Studies & Surveys
Investors Increasing Focus on Climate Solutions and Transition Strategies: Robeco Survey