This week in ESG news: LEGO sets new sustainability requirements for suppliers; Moody’s adopts MSCI ESG ratings; Accenture survey finds less than a quarter of CFOs ready for new climate reporting requirements; Fidelity International unveils new sustainable investing framework to align with new regulations; Google asks large suppliers for clean energy commitments to address rising Scope 3 emissions; SBTi CEO steps down; Deutsche Bank issues inaugural social bond; Google, BlackRock partner on solar energy development; capital raises for green steel, nature reporting solutions, sustainable materials and clean fuels; EU slaps tariffs on China EVs, 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

LEGO Group Announces New Emissions Reduction and Reporting Requirements for Suppliers

American Airlines Signs Deal for 100 Hydrogen-Powered Engines from ZeroAvia

Google Asks Large Suppliers to Commit to 100% Renewable Energy as Emissions Continue to Rise

Zurich, Aon Launch New Insurance Coverage to De-Risk Clean Hydrogen Projects

Shell Pauses Construction of Major European Biofuels Plant Citing Market Conditions

Google, BlackRock Partner on Solar Energy Development in Taiwan

ESG Reporting

Only 22% of CFOs Are Ready for Climate Reporting and Assurance Requirements: Accenture Survey

Government & Regulators

EU Rolls Out Tariffs on Chinese EVs Following Anti-Dumping Investigation

ESG Services and Tools

Iberdrola Acquires Decarbonization Solutions Provider Balantia

CO2 AI Launches Generative AI-Powered Product Emissions Footprinting Solution

Vodafone Business Launches New CSRD Sustainability Reporting Solution

Moody’s, MSCI Launch New ESG Data Solutions Partnership

Sustainable Finance

Deutsche Bank Issues Inaugural €500 Million Social Bond

Private Equity & Venture Capital

Demeter Invests in H2 Green Steel

Nature Risk Management and Reporting Solutions Provider Natcap Raises $10 Million

UNCAGED Innovations Raises $5.6 Million for Sustainable Leather Alternative Technology

Climate Tech Startup Aether Fuels Raises $34 Million to Develop Clean Fuels for Aviation and Shipping

VC Investor Seaya Raises €300 Million for New Climate Tech Startup Fund

ESG Investing

BlackRock Launches Sustainability-Tilted Global Real Estate ETF

Invesco Launches New Global Climate ETF with $1.6 Billion from Pension Insurer Varma

Fidelity International Launches New Sustainable Investing Framework to Meet New ESG Regulations

Exec Moves

ESG Book Appoints Justin Fitzpatrick as CEO

SBTi Chief Luiz Amaral Resigns

ING Appoints Cindy Jia as Head of Sustainable Finance, Americas