This week in ESG news: Microsoft confirms largest global carbon removal purchase program “has not ended”; ISO launches new version of flagship environmental management standard; EBA proposes major simplification overhaul for ESG reporting requirements for banks; Stegra secures financing to rescue Europe’s largest green steel project; Henkel unveils new climate, supply chain sustainability goals; JPMorgan signs forest-based carbon removal deal; EFRAG appoints new Chair to lead sustainability reporting board; Makersite acquires Siemens’ product carbon footprint platform; UK signs agreement with Rolls-Royce for first fleet of small nuclear reactors; Amazon signs series of clean energy deals in Australia, 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
Amazon Signs New Series of Clean Energy Deals to Power Data Centers in Australia
Mast Reforestation Sells Out Carbon Credits from U.S. Reforestation Project in 6 Weeks
Exomad Green, Supercritical Sign 500,000-Ton Biochar Carbon Removal Agreement
Rivian Partners with Redwood Materials to Power EV Plant with Recycled Batteries
Henkel Unveils New 2030 Climate, Circularity, Supply Chain Sustainability Targets
DHL, IAG Cargo Sign 5-Year Deal to Use Sustainable Aviation Fuel to Reduce Air Freight Emissions
Ahold Delhaize to Introduce Product Carbon Footprinting
Microsoft Says Its Carbon Removal Program “Has Not Ended”
Rolls-Royce Signs Deal with UK to for First Fleet of Small Modular Nuclear Reactors
JPMorgan Signs 85,000 Ton Forest-Based Carbon Removal Deal
Microsoft Pauses Carbon Removal Purchases: Reports
Government & Regulators
EBA Proposes Major Simplification of ESG Supervisory Reporting Requirements for Banks
ISS Sues Indiana Over New Law Targeting Proxy Advisers for Recommendations Against Management
EU Approves €5 Billion German and Czech Carbon Removal, Green Fuel Plans
Sustainability Reporting
Sustainability Reporting is Built on Imperfect Data – And That’s Okay
ISO, GHG Protocol Launch Working Group to Develop Unified Product-Level GHG Accounting Standard
ESG Services and Tools
Glass Lewis Launches New Climate Strategy Assessment Solution for Investors
Goldman Sachs-Backed LRQA Acquires Responsible Sourcing Advisory Partner Africa
ISO Releases New Version of Flagship Environmental Management Standard
Makersite Acquires Product Carbon Footprint Platform SiGREEN from Siemens
Sustainable Finance
Envision Secures $500 Million Financing with BBVA to Expand Green Energy Tech Platform
Stegra Secures $1.7 Billion Financing to Rescue Green Steel Project
Sustainable Investing
Triodos IM, Fondaction Launch New €300 Million Natural Capital Fund
Private Equity & Venture Capital
BTG Pactual TIG Raises $370 Million for Latin America Timberland Strategy
Exec Moves
EFRAG Appoints Kerstin Lopatta as New Chair of Sustainability Reporting Board
