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: New sustainability leaders appointed at Starbucks, SAP; IFRS releases guide for reporting on sustainability risks and opportunities; EU, UK advance laws to regulate 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. ratings providers; Mercedes-Benz sharpens sustainability strategy on key focus areas; Deloitte releases CSRD sustainability reporting solutions; EU bans products made using forced labor; HSBC, BlackRock buy sustainable aviation fuel; nine out of ten companies planning to boost sustainability IT spend next year; companies representing over half of global GHG emissions to be covered by ISSB climate reporting requirements; Societe Generale sets €500 billion sustainable finance goal; Vanguard gives investors ability to avoid voting for 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. resolutions, 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
HSBC Buys Biomass-Based Sustainable Aviation Fuel in Deal with Cathay Pacific, EcoCeres
Alfa Laval Accelerates Net Zero Goal by 3 Years to 2027
Mercedes-Benz Sharpens Sustainability Focus on 6 Key ESG Areas
BlackRock, Samsara Buy Sustainable Aviation Fuel to Compensate for Business Travel Emissions
ESG Reporting
Government & Regulators
EU Adopts Rules Banning Products Made with Forced Labor
EU Lawmakers Approve Regulation to Establish Carbon Removal Certification System
EU Regulators Call on Banks, Investors to Integrate Climate Risks Following “Fit-For-55” Stress Test
Guest Post – COP29 Signals Turning Point: Lessons from History for Carbon Market Regulation
EU Council Passes Legislation to Regulate ESG Ratings Providers
UK Launches Proposed Law to Regulate ESG Ratings Providers
ESG Services and Tools
ISS ESG Launches Customizable Portfolio Climate Impact Reporting Solution for Investors
Deloitte Launches New CSRD Sustainability Reporting Compliance Solutions on Workiva Platform
Iceberg Data Lab Launches Tool Enabling Investors to Assess Portfolio Deforestation Impact
IBM Launches Renewable Energy Asset Management Solution
Sustainable Finance
Societe Generale Targets €500 Billion of Sustainable Finance by 2030
EU Commission Estimates Green Bond Investments to Reduce Emissions by 55 Million Tons per Year
Guest Post – COP29: Now is the Time to Focus on a Common Goal
Private Equity & Venture Capital
Sustainable Agriculture Data Platform TRACT Raises $11.2 Million
Sustainable Investing
BNP Paribas AM Launches Sustainable Forestry Fund
Janus Henderson Partners with UC Berkeley to Train Investment Teams on Climate, Biodiversity
Vanguard Gives Investors Option to Avoid Voting for ESG Issues
Fidelity International to Adopt FCA Sustainability Label for Three Funds
Exec Moves
SAP Appoints Matthias Medert as Global Head of Sustainability
Starbucks Appoints Marika McCauley Sine as New Chief Sustainability Officer
Reports, Studies & Surveys
