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: U.S. boards lose focus on 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., say it’s not the same as sustainability; Microsoft to restart Three-Mile Island nuclear plant to decarbonize data centers; IFRS launches guide for voluntary application of ISSB sustainability reporting standards; Brookfield raises $2.4 billion for emerging markets climate transition fund; LEGO Group increases use of sustainable materials in bricks; Schneider Electric, Siemens launch building decarbonization solutions; Demand for green skills in workforce outpacing supply, LinkedIn finds; Italy investigates Shein over greenwashing claims; asset owners say 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. becoming more material to investing process, Morningstar survey finds; Hong Kong proposes IFRS-aligned sustainability reporting requirements, 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
TotalEnergies, Shell, Equinor JV Completes World-First Commercial CO2 Storage Project in Norway
Microsoft Signs Deal with UNDO to Capture CO2 Using Rocks and Soil
Masdar Acquires Renewables Developer Saeta from Brookfield for $1.4 Billion
Air France-KLM Signs Deal for 1.9 Billion Liters of Sustainable Aviation Fuel with TotalEnergies
LEGO Group Increases Renewable Content in Bricks by 83% in 2024
Trane Commits to Reduce Product Lifecycle GHG Emissions by 40% by 2030
Microsoft Signs Deal to Restart Three Mile Island Nuclear Plant to Help Decarbonize Data Centers
ESG Reporting
Hong Kong Proposes IFRS-aligned Sustainability Reporting Standards
Singapore Exchange Softens Requirement for Scope 3 Reporting for Smaller Companies
Government & Regulators
EU Commission Proposes Carbon Footprint Labels for Flights
Italy Launches Greenwashing Investigation into Shein Environmental Claims
Australia Court Fines Vanguard Record $12.9 Million Over Misleading Sustainable Investing Claims
ESG Services and Tools
Siemens Launches Building Decarbonization Modelling and Optimization Solution
Schneider Electric Launches Building Decarbonization Planning Tool
Bloomberg Launches Capabilities to Help Investors Assess Company Climate Progress and Revenue Impact
Sustainable Finance
TPG Raises $1.25 Billion for Global South-focused Climate Solutions Investment Strategy
Private Equity & Venture Capital
CRH, Holcim Invest $75 Million in Low Carbon Cement Developer Sublime
Brookfield Raises $2.4 Billion for Emerging Markets-Focused Climate Transition Fund
Sustainable Investing
FTSE Russell Launches New Climate Transition-Focused Fixed Income Indices
HSBC, Pollination JV Raises Over $1 Billion for Natural Capital Investment Platform
Exec Moves
Real Estate ESG Data Provider Measurabl Appoints Maureen Waters as President
Reports, Studies & Surveys
U.S. Boards Deprioritizing ESG, with Most Saying it’s Not the Same as Sustainability: PwC Survey
More than Two Thirds of Asset Owners Say ESG Factors Have Become More Material: Morningstar Survey
Demand Growth for Green Skills More than Doubling Supply: LinkedIn Study
