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: Deloitte study finds over 70% of companies have abandoned M&A deals over 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. concerns; CDP launches new sustainability reporting platform; EU regulators call for action on greenwashing in financial sector; H&M warns against use of carbon credits in corporate net zero plans; Climeworks unveils carbon removal tech breakthrough; Kimberly-Clark’s new Chief Sustainability officer; carbon markets integrity board announces first labelled carbon credits; Microsoft joins as launch buyer for new sustainable aviation fuel program; Australia’s Active Super found guilty of misleading 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. investing claims; capital raises for green hydrogen, renewables, fusion energy tech, 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
Rio Tinto to Invest $143 Million in New Low Carbon Steel Project
ICVCM Approves its First “Core Carbon Principles”-labelled Carbon Credits
Climeworks Announces Direct Air Capture Technology Breakthrough to Scale Carbon Removal
Microsoft Launches “Datacenter Community Pledge” with Sustainability and Community Commitments
H&M Warns Against Use of Carbon Offsets in SBTi’s Climate Target Standard
SkyNRG Launches Sustainable Aviation Fuel Book & Claim Program with Microsoft as Founding Partner
Guest Post: Assessing the Impact of Climate Litigation Remains Complex
Guest Post – From Bytes to Robot Bees: AI’s Pivotal Role in Eco-sustainability
ESG Reporting
CDP Launches New Sustainability Reporting Platform Aligned with IFRS Climate Disclosure Standard
Government & Regulators
Australia Court Finds Active Super Guilty of Making Misleading ESG Investing Claims
EU Regulators Call for Increased Action to Address Growing Greenwashing Risk in Financial Sector
ESG Services and Tools
Wolters Kluwer Launches New Carbon Emissions Reporting Solution
ERM Acquires Climate, Energy Transition Consultancy Energetics
RepRisk Launches New ESG Due Diligence Scores to Assess Companies’ Specific Sustainability Risks
Sustainable Finance
Private Equity & Venture Capital
John Cockerill Raises $250 Million to Build Out Green Hydrogen Electrolyzer Business
Galvanize, Lightrock Invest in Clean Energy Tech Company Octopus Energy Group
Fusion Energy Startup Xcimer Raises $100 Million
ESG Investing
UBS, Rockefeller AM Launch New Blue Economy-Focused Ocean Engagement Fund
Mizuho Launches Collaboration with LSEG to Enable Clients to Invest in Carbon Markets
Exec Moves
Kimberly-Clark Appoints Lisa Morden as Chief Sustainability Officer
abrdn Announces Key New Sustainability Appointments
Reports, Studies & Surveys
Over 70% of Companies Have Abandoned Acquisitions Over ESG Concerns: Deloitte Survey