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: California lawmakers pass bill requiring companies to report value chain emissions; Apple’s first carbon neutral products; Salesforce adds CSRD reporting capabilities to sustainability platform; Amazon signs one of largest-ever carbon removal deals; EU considers requiring sustainability disclosure for all financial products; MSCI launches new sustainability institute; KPMG, Zurich launch climate risk advisory service; capital raises for sustainable materials, carbon accounting tech; United signs deal for 1 billion gallons of sustainable aviation fuel; SBTi announces major transformation, 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
Volvo Signs Deal for Low Carbon Steel with H2 Green Steel
Mars Commits to Cut Emissions in Half Across Full Value Chain by 2030
SBTi Separates Climate Target Standard Setting and Validation Units to Boost Credibility
United Signs Deal for up to 1 Billion Gallons of Sustainable Aviation Fuel
Apple Launches its First Carbon Neutral Products
Nestlé Pilots Project to Produce Low Carbon Fertilizer from Food Waste Streams
Amazon Announces one of the Largest Ever DAC Carbon Removal Purchases
BMW Invests $750 Million to Convert UK MINI Plant to All-Electric Production
ASICS Releases Sneaker With Lowest-Ever Lifecycle Emissions
Government & Regulators
EU Parliament Votes to Nearly Double Renewable Energy Share by 2030
G20 Targets Tripling of Global Renewable Energy Capacity by 2030
ESG Reporting & Disclosure
EU Commission Considers Requiring Sustainability-Related Disclosures for All Financial Products
California Lawmakers Pass Bill Requiring Companies to Disclose Full Value Chain Emissions
ESG Services and Tools
Lloyd’s, Moody’s Partner on Carbon Accounting Solution for Underwriting & Investment Portfolios
Salesforce Adds CSRD Reporting Capabilities to Sustainability Platform
KPMG, Zurich Launch Climate Risk Advisory Service
MSCI Launches New Sustainability Institute
BCG, Doconomy Partner on Climate Tech Solutions for Financial Institutions
Sustainable Finance
Deutsche Bank, EIB Launch €400 Million Sustainable Finance Initiative Targeting Mid-Size Companies
ESG Investing
BlackRock, SGX, Launch $426 Million Climate Action Fund
Private Equity & Venture Capital
Climate Tech Startup UBQ Raises $70 Million to Convert Waste into Fossil-Plastic Substitute
Galvanize Raises Over $1 Billion for Decarbonization Solutions Venture Fund
Carbon Accounting Startup Optera Raises $12 Million
Sustainability Software Provider Pulsora Raises $20 Million
Graphene “Supermaterials” Startup Lyten Raises $200 Million to Decarbonize Hard-to-Abate Sectors
Exec Moves
Houlihan Lokey Launches New ESG Advisory Practice
