This week in ESG news: ING ends financing for companies developing new oil and gas projects; Deloitte launches sustainability and AI workforce upskilling academies; MSCI launches carbon credit ratings; report finds companies are quietly accelerating climate action; Apple reduces carbon footprint of iPhone; investor coalition calls for mandatory climate reporting policies; Google, Microsoft, Meta announce carbon removal purchase deals; BlackRock and Microsoft partnership looks to raise $30 billion for AI infrastructure and energy investments; BCG survey finds companies seeing big benefits from using AI in decarbonization efforts; ERM launches carbon credit sourcing platform; Morgan Stanley invests in ESG risk management software provider, 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 Signs Multi-Year Carbon Removal Deal Based on Rocket Science Tech

Google Signs Brazil Reforestation-Based Carbon Removal Purchase Deal

The Home Depot Eliminates Hard to Recycle Packaging Materials from Private Label Products

Meta Signs Deal for up to 3.9 Million Tons of Nature-Based Carbon Removal Credits with BTG Pactual

BlackRock, Microsoft Partnership to Raise $30 Billion to Invest in AI Infrastructure and Energy

New $400 Million Japan Low Carbon Hydrogen Development Fund Backed by Toyota, SMBC, TotalEnergies, Others

Apple Reduces Carbon Footprint of New iPhone by 30%

ESG Reporting

$29 Trillion Investor Coalition Urges Government Policies Including Mandatory Climate Reporting, Sectoral Transition Strategies

Government & Regulators

UK Regulator Warns 17 Fashion Brands Over Green Claims

ESG Services and Tools

ERM Launches Carbon Credit Sourcing Platform

MSCI Launches New Carbon Credit Project Ratings

Construction Sustainability Software Provider One Click LCA Acquires ENVI-Met to Expand Climate Resilience Solutions Offerings

Deloitte Launches New Academies Platform to Upskill Workforces in Sustainability, AI

Sustainable Finance

Standard Chartered, SEB to Offer Clients Carbon Credits from Early-Stage Carbon Removal Projects

ING Stops Financing for Companies Developing New Oil and Gas Projects

ING Launches Climate Transition Assessment Tool, May End Financing for Clients Not Progressing

Carlyle Commits to Provide up to $1 Billion in C-PACE Financing

Guest Post – Investing in Resilience: The Insurance Industry’s Role in the Net-Zero Transition

Private Equity & Venture Capital

Twelve Raises Over $600 Million to Turn CO2 into Clean Jet Fuel

Morgan Stanley Invests $33 Million in ESG Risk Management Software Provider Datamaran

Air Company Raises $69 Million to Turn CO2 into Sustainable Aviation Fuel

Phlair Raises €14.5 Million to Advance Low Cost, Scalable Carbon Removal Technology

Smalt Raises €8 Million to Train Skilled Workforce for Energy Transition

Carbon Accounting Startup Zevero Raises $7 Million to Drive Global Expansion

Ara Partners Launches New Energy Value Chain Decarbonization Fund

Sustainable Investing

Vanguard: 24% of Investors in Proxy Choice Program Chose ESG Policy for Votes

Robeco Launches High Income Green Bond Strategy

Reports, Studies & Surveys

Study Finds Largest Global Companies are Accelerating Climate Commitments… Quietly

Companies Already Seeing Major Impact, Financial Benefits from Use of AI in Decarbonization Efforts: BCG Survey