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: EU carbon pricing scheme funds over $5 billion of decarbonization projects; MSCI appoints new head of climate and 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. business; Hong Kong banks told to disclose climate risks, target net zero lending; SEC charges WisdomTree for not following sustainability criteria 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. funds; Morgan Stanley signs DAC carbon removal agreement; Mercedes-Benz launches closed loop battery recycling plant; JPMorgan hires NOAA Chief Scientist to lead climate advisory; KKR makes $3 billion bet on sustainable mobility; financial firms release SDG reporting guidelines for companies; new solutions released to access private company climate data, respond to sustainability data requests; capital raises for energy saving, ocean shipping decarbonization, low cost sustainable aviation fuel, 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 Signs Ocean-Based Carbon Removal Deal with Ebb Carbon
Morgan Stanley Signs Multi-Year Carbon Removal Deal with Climeworks
DHL, IAG Cargo Sign Deal to Use 60 Million Liters of SAF to Ship Air Freight
Southwest Airlines Signs Sustainable Aviation Fuel Purchase Agreement with Valero
EU Approves €128 Million Grant to Decarbonize SSAB Steel Production
ESG Reporting
Government & Regulators
EU Invests €4.8 Billion in Decarbonization Projects Funded Through Carbon Pricing System
SEC Fines WisdomTree $4 Million for Investing in Fossil Fuels and Tobacco in ESG Funds
DOE Announces $900 Million Funding to Support Small Nuclear Reactor Deployment
ESG Services and Tools
ICE, Dun & Bradstreet to Launch Climate Data Solution for Public and Private Companies
Benchmark Gensuite Launches Solution Enabling Companies to Respond to ESG and EHS Data Requests
TrusTrace Launches EUDR Deforestation Regulation Compliance Solution
Sustainable Finance
Saur Issues €550 Million Blue Bond to Fund Sustainable Water Investments
Private Equity & Venture Capital
KKR Acquires $3.2 Billion Stake in Eni’s Sustainable Mobility Business
Carbon Ridge Raises $9.5 Million to Advance Maritime Shipping Decarbonization Technology
Redaptive Raises $100 Million to Scale Energy-Saving Decarbonization Solutions
Sustainable Investing
NYC Proposes Ban on Investments in Fossil Fuel Infrastructure for Pension Funds
Mirova Wins Mandate to Manage New €100 Million Biodiversity Fund
Exec Moves
MSCI Appoints Richard Mattison as Head of Head of ESG and Climate
JPMorgan Appoints NOAA Chief Scientist Sarah Kapnick as Global Head of Climate Advisory
