This week in ESG news: Microsoft signs largest-ever carbon removal purchase deal; EU Council agrees on rules to fight greenwashing product claims; Bloomberg launches new CSRD sustainability data solution; H&M partners with industrial decarbonization startup to tackle supply chain emissions; Workiva launches carbon data management and reporting solution; EU adopts Nature Restoration Law; PwC study finds CSRD reporting preparation leading companies to integrate sustainability in decisions; Australia plans mandatory sustainability reporting, labels for ESG investment products; FedEx’ new Chief Sustainability Officer; Switzerland allows financial sector to self-regulate on greenwashing, EU launches first “Net Zero Academy” to train climate tech workforce, 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 Purchases Carbon Credits Helping U.S. Farmers Adopt Sustainable Agriculture Practices

Amazon Eliminates 15 Billion Plastic Air Pillows in Packaging

Nestlé Launches Sustainably Sourced Chocolate Brand for Travel Retail

H&M Invests in Industrial Decarbonization Startup Rondo Energy to Tackle Fashion Supply Chain Emissions

Frontier Signs Deal to Buy $49 Million Biomass-Based Carbon Removal Credits from Stockholm Exergi

Hershey Commits to Cut Agriculture, Value Chain Emissions

Salesforce Commits $25 Million to Scale Carbon Removal Technology with Frontier

Microsoft Signs Largest-Ever Nature-Based Carbon Removal Deal with BTG Pactual

ESG Reporting

EFRAG, TNFD Release Guide Mapping Connections with CSRD and TNFD Nature-related Reporting

Guest Post: Three Ways AI Can Transform ESG Reporting

Government & Regulators

EU Launches First “Net-Zero Academy” to Train 100,000 Workers for Climate Tech Value Chain

Australia Launches Plans for Mandatory Climate Reporting, Taxonomy, Sustainable Investment Labels

EU Council Agrees on New Rules to Tackle Greenwashing in Product Green Claims

EU Approves Nature Restoration Law in Dramatic Last-Minute Vote Swing by Austria

ESG Services and Tools

Bloomberg Launches New CSRD Sustainability Data Solution

Deloitte, DSM-Firmenich Partner on Sustainable Food Supply Chain Solutions

Workiva Launches New Carbon Data Management and Reporting Solution

Sustainability-Focused Consulting and Engineering Firm RSK Raises £500 Million

Sustainable Finance

Swiss Government Allows Financial Sector to Self-Regulate Greenwashing Prevention

Private Equity & Venture Capital

Industrial Decarbonization Startup Molten Industries Raises $25 Million

UBS Invests in Impact Data Provider GIST Impact

Sustainable Building Solutions Provider Bisly Raises €6.2 Million

LD Carbon Raises $28 Million to Scale Sustainable Tire Recycling Capacity

ESG Investing

EU Regulators Propose New Sustainability and Transition Categories for Financial Products

Mizuho, Lombard Odier Launch Sustainable Investing Partnership

Exec Moves

FedEx Appoints Karen Blanks Ellis as New Chief Sustainability Officer

Reports, Studies & Surveys

Three Quarters of Companies Say CSRD Leading to Increased Sustainability Integration in Business Decisions: PwC Survey