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: Microsoft launches new supplier decarbonization team for cloud and AI; competition for clean energy from data centers forces megaton carbon capture project out of state; EcoVadis acquires human rights analytics provider; ESMA report finds transition funds outpacing sustainability funds; Australia senate passes climate disclosure law; new sustainable investing products from BNP Paribas, Candriam, SEB, Robeco; BMW, Toyota collaborate on new hydrogen fuel cell EV; Volvo pulls back on EV goals; Nasdaq provides access to clean energy tax credit market; capital raises for industrial carbon capture, sustainable battery materials, clean energy solutions, nuclear tech, behavior-based decarbonization solutions, 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

BMW to Launch Hydrogen-Powered Fuel Cell Electric Vehicle in Partnership with Toyota

Volvo Cars Pulls Back Electrification, Carbon Reduction Goals

Growing Competition for Clean Energy from Data Centers Drives CarbonCapture to Pause Megaton Carbon Removal Project

TotalEnergies Invests $444 Million in New 1 GW Solar JV with Adani Green Energy in India

Volvo Unveils 600 km Range Heavy Duty Electric Truck

Nestlé Introduces Paper Packaging for Brands Including Nescafé, Vital Proteins

Microsoft Signs 20-Year Solar Energy Purchase Agreement in Singapore with EDP Renewables

TotalEnergies Invests $100 Million in Forest-Based Carbon Reduction Projects

ESG Reporting

Guest Post: Sustainability is a Driver of Innovation, Not an Expense to Manage

Australia Senate Passes New Mandatory Climate Disclosure Law

Government & Regulators

Investment Flows into Transition-Focused Funds Doubles Green Funds: ESMA

ESG Services and Tools

EcoVadis Acquires Human Rights Analytics Company Ulula

Kohlberg Acquires Majority Stake in Energy Transition-Focused Services Provider CLEAResult

Bureau Veritas Acquires Renewables Consultancy ArcVera

Sustainable Finance

Nasdaq Provides Access to IRA Clean Energy Tax Credit Market in Collaboration with Sustainable Fintech Crux

Private Equity & Venture Capital

Cleantech Startup Mantel Raises $30 Million to Scale Industrial Carbon Capture Solution

TPG Acquires Industrial Emissions Reduction Tech Company Miratech to Address Growing Data Center Opportunity

Sustainable Materials Producer 6K Raises $82 Million

Cleantech Startup Reonic Raises $14 Million for Solutions to Accelerate Clean Energy Deployment

Mirova Raises $233 Million for Environmental Solutions Impact Private Equity Fund

Signol Raises $3.3 Million to Help Decarbonize Aviation and Shipping Industries by Changing Workforce Behavior

Micro-Nuclear Power Plant Startup Last Energy Raises $40 Million to Decarbonize Heavy Industry and Data Centers

Sustainable Investing

BNP Paribas AM Launches New Japan and US Market ETFs with Active ESG Integration

BNP Paribas AM Raises $165 Million for Article 9 Cleantech Solutions Venture Fund

Candriam Launches New Fund Investing in Sustainability Leaders and Shorting Less Sustainable Companies

SEB Launches Global Fund Investing Only in Sustainable Companies

Robeco Launches New Climate Transition-Focused Equities Index Suite

Exec Moves

Microsoft Builds Out New Supplier Decarbonization Team to Address Growing Cloud and AI-Based Emissions