ESG Today: Week in Review
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: ISSB moves to standardize reporting on climate transition plans, GHG emissions; ISO to launch global net zero standard; Switzerland proposes major expansion in sustainability reporting requirements; Deloitte survey finds nearly all C-suite execs want compensation tied to human sustainability metrics; Bloomberg launches sustainability data and reporting tools for investors; Canada passes new anti-greenwashing laws; IBM launches AI-powered emissions management tools; Denmark announces world-first carbon tax on livestock; CDP reports major increase in corporate 1.5°C-aligned climate transition plans; BNP Paribas AM requires portfolio companies to integrate climate component into executive compensation, 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
ISO to Launch Global Net Zero Standard
Heat Pump Startup Aira to Invest €300 Million in Poland Manufacturing Plant
MUFG Invests in Sustainable Aviation Fuel Technology Company LanzaJet
Lufthansa Raises Fares to Cover Costs of New Climate Regulations
Swiss Offers Cargo Customers Carbon Removal Through Climeworks
Vattenfall Signs Deal for Green Cement with Cleantech Startup Cemvision
ESG Reporting
IFRS, IFC Launch Partnership to Improve Sustainability Reporting Emerging Markets
ISSB Moves to Standardize Reporting on Climate Transition Plans, GHG Emissions
Guest Post: How Can a Comprehensive Global Reporting Framework be Achieved?
Government & Regulators
Switzerland Proposes Major Expansion in Sustainability Reporting Requirements for Companies
Denmark Announces First-Ever Carbon Tax on Agriculture
Canada Passes New Corporate Greenwashing Rules into Law
ECB Reports 35% Emissions Reduction in €367 Billion Corporate Bond Portfolio
EU Invests Over $3 Billion in Clean Energy, Industrial Decarbonization Projects
ESG Services and Tools
Bloomberg Launches Sustainability Management and Reporting Tools for Investors
Guest Post: Without More Effective Data Solutions, the Climate Crisis Cannot be Solved
IBM Launches AI-Powered Emissions Tracking Solution for Asset-Intensive Sectors
Sustainable Finance
Private Equity & Venture Capital
Climate Risk Assessment Platform Climate X Raises $18 Million
Circular Economy Startup Samsara Eco Raises $65 Million to Scale Up “Infinite Recycling” Tech
Cleantech Startup Aikido Raises $4 Million for Low Cost Floating Offshore Wind Solution
APG Invests $400 Million in U.S. Renewable Energy and Storage Developer Doral Renewables
KKR, IGNIS Launch Industrial Decarbonization Platform
ESG Investing
BNP Paribas AM to Require Portfolio Companies to Integrate Climate into Executive Compensation
Reports, Studies & Surveys
Nearly 90% of Executives Want Compensation Tied to Human Sustainability Metrics: Deloitte Survey
Number of Companies with 1.5°C-Aligned Climate Transition Plans Jumps 44% in a Year: CDP
