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: ING ends financing for companies developing new oil and gas projects; Deloitte launches sustainability and AI workforce upskilling academies; MSCI launches carbon credit ratings; report finds companies are quietly accelerating climate action; Apple reduces carbon footprint of iPhone; investor coalition calls for mandatory climate reporting policies; Google, Microsoft, Meta announce carbon removal purchase deals; BlackRock and Microsoft partnership looks to raise $30 billion for AI infrastructure and energy investments; BCG survey finds companies seeing big benefits from using AI in decarbonization efforts; ERM launches carbon credit sourcing platform; Morgan Stanley invests 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. risk management software provider, 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
Microsoft Signs Multi-Year Carbon Removal Deal Based on Rocket Science Tech
Google Signs Brazil Reforestation-Based Carbon Removal Purchase Deal
The Home Depot Eliminates Hard to Recycle Packaging Materials from Private Label Products
Meta Signs Deal for up to 3.9 Million Tons of Nature-Based Carbon Removal Credits with BTG Pactual
BlackRock, Microsoft Partnership to Raise $30 Billion to Invest in AI Infrastructure and Energy
Apple Reduces Carbon Footprint of New iPhone by 30%
ESG Reporting
Government & Regulators
UK Regulator Warns 17 Fashion Brands Over Green Claims
ESG Services and Tools
ERM Launches Carbon Credit Sourcing Platform
MSCI Launches New Carbon Credit Project Ratings
Deloitte Launches New Academies Platform to Upskill Workforces in Sustainability, AI
Sustainable Finance
Standard Chartered, SEB to Offer Clients Carbon Credits from Early-Stage Carbon Removal Projects
ING Stops Financing for Companies Developing New Oil and Gas Projects
ING Launches Climate Transition Assessment Tool, May End Financing for Clients Not Progressing
Carlyle Commits to Provide up to $1 Billion in C-PACE Financing
Guest Post – Investing in Resilience: The Insurance Industry’s Role in the Net-Zero Transition
Private Equity & Venture Capital
Twelve Raises Over $600 Million to Turn CO2 into Clean Jet Fuel
Morgan Stanley Invests $33 Million in ESG Risk Management Software Provider Datamaran
Air Company Raises $69 Million to Turn CO2 into Sustainable Aviation Fuel
Phlair Raises €14.5 Million to Advance Low Cost, Scalable Carbon Removal Technology
Smalt Raises €8 Million to Train Skilled Workforce for Energy Transition
Carbon Accounting Startup Zevero Raises $7 Million to Drive Global Expansion
Ara Partners Launches New Energy Value Chain Decarbonization Fund
Sustainable Investing
Vanguard: 24% of Investors in Proxy Choice Program Chose ESG Policy for Votes
Robeco Launches High Income Green Bond Strategy
Reports, Studies & Surveys
Study Finds Largest Global Companies are Accelerating Climate Commitments… Quietly