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: Canada plans mandatory climate reporting for large companies; ACCA launches sustainability skills course, accreditation for finance professionals; KPMG survey finds CEOs are sticking with climate strategies, but changing how they talk about it; EU to delay rules banning deforestation-linked products; ISS acquires carbon accounting software provider; Morningstar launches CSRD, EU Taxonomy compliance solutions; greenwashing cases fall for first time since 2019; KPMG appoints new head for US sustainability practice; capital raises for green data center solutions, energy storage, fusion, supply chain decarbonization, climate tech; Goldman Sachs invests $440 million in renewables platform BrightNight, 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
Google Signs 435 MW Solar PPA to Power U.S. Operations
Rio Tinto Acquires Arcadium Lithium for $6.7 Billion to Target Energy Transition Metals
3M Commits to Reduce Emissions Across the Value Chain by More than 40% by 2030
ESG Reporting
Canada to Introduce Mandatory Climate Disclosure Requirements for Large Companies
Government & Regulators
UK Launches Cap and Floor Scheme to Support Energy Storage Investment
Canada to Launch Sustainable Investment Taxonomy
EU Commission Proposes One Year Delay to Law Banning Deforestation-Linked Products
UK to Invest £22 Billion in Carbon Capture Projects
ESG Services and Tools
CBRE Acquires NRG’s Renewable Energy Advisory Business
ISS Acquires Carbon Accounting Software Company SustainaBase
Morningstar Sustainalytics Launches Solutions to Support CSRD, EU Taxonomy Compliance and Reporting
Sustainable Finance
CDPQ, Nuveen Launch $600 Million Sustainable Commercial Real Estate Finance Program
Asda Ties Financing Rates for Suppliers to Decarbonization, ESG Reporting and Performance
Private Equity & Venture Capital
Molg Raises $5.5 Million to Tackle E-waste with Robotics
Fusion Reactor Startup Zap Energy Raises $130 Million
Climate Tech Startup Paebbl Raises $25 Million to Turn Captured CO2 into Building Materials
Form Energy Raises $405 Million to Scale Up Multi-Day Energy Storage Solution for the Electric Grid
Lithios Raises $12 Million to Address Rapidly Growing EV-Driven Demand for Lithium
Neutreeno Raises $5 Million to Help Companies Tackle Supply Chain Emissions
Heliene Raises $54 Million to Grow U.S. Solar PV Manufacturing Capacity
Green Data Center Solutions Provider Submer Raises $55.5 Million
Sustainable Investing
Goldman Sachs Closes $440 Million Investment in Renewable Power Platform BrightNight
HSBC, IFC Launch SDG-Focused Emerging Markets Sustainable Corporate Bond Fund
Exec Moves
UK Climate Change Committee Appoints Emma Pinchbeck as New Chief Executive
Wolters Kluwer Appoints Richard Pulliam to Lead EHS & ESG Business Unit
KPMG Appoints Maura Hodge to Lead US Sustainability Practice
Reports, Studies & Surveys
Greenwashing Cases Fall for First Time in Six Years as Regulatory Scrutiny Builds: RepRisk
Most CEOs Sticking with Climate Strategies, but Changing How they Communicate it: KPMG Survey
