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: LEGO sets new sustainability requirements for suppliers; Moody’s adopts MSCI 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. ratings; Accenture survey finds less than a quarter of CFOs ready for new climate reporting requirements; Fidelity International unveils new sustainable investing framework to align with new regulations; Google asks large suppliers for clean energy commitments to address rising Scope 3 emissions; SBTi CEO steps down; Deutsche Bank issues inaugural socialSocial criteria examine how it manages relationships with employees, suppliers, customers, and the communities where it operates. bond; Google, BlackRock partner on solar energy development; capital raises for green steel, nature reporting solutions, sustainable materials and clean fuels; EU slaps tariffs on China EVs, 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
LEGO Group Announces New Emissions Reduction and Reporting Requirements for Suppliers
American Airlines Signs Deal for 100 Hydrogen-Powered Engines from ZeroAvia
Google Asks Large Suppliers to Commit to 100% Renewable Energy as Emissions Continue to Rise
Zurich, Aon Launch New Insurance Coverage to De-Risk Clean Hydrogen Projects
Shell Pauses Construction of Major European Biofuels Plant Citing Market Conditions
Google, BlackRock Partner on Solar Energy Development in Taiwan
ESG Reporting
Only 22% of CFOs Are Ready for Climate Reporting and Assurance Requirements: Accenture Survey
Government & Regulators
EU Rolls Out Tariffs on Chinese EVs Following Anti-Dumping Investigation
ESG Services and Tools
Iberdrola Acquires Decarbonization Solutions Provider Balantia
CO2 AI Launches Generative AI-Powered Product Emissions Footprinting Solution
Vodafone Business Launches New CSRD Sustainability Reporting Solution
Moody’s, MSCI Launch New ESG Data Solutions Partnership
Sustainable Finance
Deutsche Bank Issues Inaugural €500 Million Social Bond
Private Equity & Venture Capital
Demeter Invests in H2 Green Steel
Nature Risk Management and Reporting Solutions Provider Natcap Raises $10 Million
UNCAGED Innovations Raises $5.6 Million for Sustainable Leather Alternative Technology
VC Investor Seaya Raises €300 Million for New Climate Tech Startup Fund
ESG Investing
BlackRock Launches Sustainability-Tilted Global Real Estate ETF
Invesco Launches New Global Climate ETF with $1.6 Billion from Pension Insurer Varma
Fidelity International Launches New Sustainable Investing Framework to Meet New ESG Regulations
Exec Moves
ESG Book Appoints Justin Fitzpatrick as CEO
SBTi Chief Luiz Amaral Resigns
ING Appoints Cindy Jia as Head of Sustainable Finance, Americas