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: 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 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. 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 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
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
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