This week in ESG news: SBTi passes milestone 10,000 companies with science-based climate goals; ECB to intensify monitoring banks’ climate risk, transition planning; U.S.’ Hegseth to “sledgehammer” small business assistance program over DEI; EY appoints Chief Global Sustainability Strategist to integrate sustainability across firm’s services; TotalEnergies to reduce clean fuels investments over regulatory uncertainty in EU; AllianzGI launches $1 billion emerging markets climate finance fund; UK to invest £15 billion to upgrade homes with clean energy tech; SLR acquires sustainability consultancy WAP Sustainability; Microsoft reports record 45 million tonnes of carbon removal deals signed in 2025, 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

SBTi Passes 10,000 Companies with Validated Science-Based Climate Targets

TD Bank Purchases 44,000 Tonnes of Carbon Removal from Charm Industrial

Engie to Build New $95 Million UK Biomethane Plant After Supply Deal with PepsiCo

TotalEnergies CEO Says Company will Reduce Investment in Clean Fuels on Expectation that EU Will Water Down SAF Mandate

Microsoft Doubles Carbon Removal Agreements to 45 Million Tonnes in 2025

AI and the Evolving Role of the Chief Sustainability Officer: Guest Post

eBay Releases Plan to Reach Net Zero Across Value Chain by 2045

Rio Tinto Supplies New Breakthrough Low-Carbon Copper for Amazon Data Centers

Government & Regulators

UK Invests £15 Billion to Upgrade Homes with Solar Panels, Heat Pumps

Texas AG Outlaws DEI

U.S. Secretary of War Hegseth Pledges to “Sledgehammer” Small Business Assistance Program Calling it Government’s “Oldest DEI Program”

ECB to Intensify Monitoring of Physical Climate Risk Impact, Transition Plans for Banks

Sustainability Reporting

GRI Appoints Susanne Stormer as Chair of Global Sustainability Standards Board

ICC, Carbon Measures Form Expert Panel to Launch a Global Carbon Accounting Framework

ESG Services and Tools

SLR Acquires Sustainability Consulting and Solutions Provider WAP Sustainability

Lune Merges with gryn to Create Supply Chain Carbon Data Platform for Shipping and Logistics

Schneider Electric Launches New AI-Powered Energy and Sustainability Solutions Platform

Sustainable Finance

AllianzGI Launches $1 Billion Emerging Markets Climate Finance Fund

Mexico Issues Record €4.75 Billion Sustainable Bonds Linked to UN SDGs

Davos 2026 – The Urgent Imperative of Private Climate Finance: Guest Post

Private Equity & Venture Capital

Ananda Raises €73 Million for New Impact Venture Fund

Geothermal Startup Zanskar Raises $115 Million to Find and Develop Carbon-Free Energy Using AI

Cloover Raises $1.2 Billion to Scale Residential Clean Energy Fintech Platform

responsAbility Raises $460 Million for Asia-Focused Climate Tech Fund

Exec Moves

Wolters Kluwer Appoints Maria Montenegro as New CEO of Corporate Performance & ESG Unit

EY Appoints Velislava Ivanova as Global Chief Sustainability Strategist

Partners Group Appoints Oliver O’Bryan as New Head of Sustainability

Climate Consultancy The Carbon Trust Appoints Wei Mei Hum as New Head of Asia