This week in ESG news: Net zero investor coalition hits pause after BlackRock exit; Amazon invests $1 billion to decarbonize its delivery network; Apollo,  StanChart team up to finance energy transition infrastructure; IKEA to invest $1 billion in circular economy companies; Mars’ new Chief Sustainability Officer; McDonald’s ends DEI goal setting; New York invests $1 billion in decarbonization; Schroders wins $6 billion sustainable investing mandate; Google signs record biochar carbon removal agreements; Barclays Head of Sustainability steps down; Meta sources more renewable energy in U.S.; capital raises for carbon credit ratings, clean energy solutions, biodiversity tracking tech; EV trucks, 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

Google Signs Largest-Ever Biochar Carbon Removal Purchase Deals

IKEA Parent Ingka to Invest $1 Billion in Recycling-Focused Companies

Amazon to Invest Over $1 Billion to Decarbonize Deliveries in Europe

Meta Ramps Texas Renewable Energy Purchases with Engie to 460 MW

London’s Heathrow Airport Targets 3% SAF Use in 2025, 11% in 2030

McDonald’s Retires DEI Goal Setting

ESG Reporting

Schneider Electric, PCAF Partner to Help Banks, Investors Measure & Report Financed Emissions

Government & Regulators

New York Governor Commits $1 Billion to Decarbonize Economy

EBA Releases Requirements for Banks to Manage ESG Risks

U.S. Allocates $6 Billion Tax Credits to Support Clean Energy, Industrial Decarbonization Projects

ESG Services and Tools

SGS Expands Sustainability Platform with Launch of Nature Services Suite

ERM Acquires Newfields’ Environmental Division

Sustainable Finance

SocGen, EIB Team up to Unlock Billions to Finance Clean Energy Development

IFC Issues $2 Billion Social Bond to Fund Projects in Emerging Markets

Apollo, Standard Chartered Launch $3 Billion Energy Transition Financing Partnership

Private Equity & Venture Capital

Algebris Launches €100 Million Climate Tech Venture Fund

Cleantech Startup Amogy Raises $56 Million to Advance Carbon-Free Power Solutions for Hard-to-Abate Industries

BeZero Carbon Raises $32 Million to Expand Carbon Credit Rating Platform into New Markets

EV Startup Harbinger Raises $100 Million to Meet Demand for Electric Trucks

responsAbility Raises Over $350 Million for Asia-Focused Climate Tech Investment Strategy

NatureMetrics Raises $25 Million to Scale Biodiversity Monitoring and Reporting Platform

Sustainable Investing

Schroders Wins $6.3 Billion Sustainable Investing Mandate from SJP

Net Zero Investor Coalition Hits Pause After BlackRock Exit

Exec Moves

Mars Appoints Alastair Child as New Chief Sustainability Officer

Barclays Head of Sustainability Steps Down

Sodali Appoints Andrew Benett as New CEO