This week in ESG news: UK releases finalized sustainability reporting standards; EU states approve Omnibus package to cut sustainability reporting, due diligence requirements; Vanguard pays $29.5 million to settle multi-state anti-ESG lawsuit; Net Zero Asset Managers initiative relaunches with more than 250 investors; 4 tech giant account for half of clean energy purchases in 2025; India to review ESG ratings provider regulations; Deutsche Telekom achieves net zero in operations; Mars launches new impact fund; BBVA’s sustainable finance activity jumps by more than 40%; LEGO Group invests in carbon removal, and more.

See below for the highlights of the past week, and get all your ESG news at ESG Today:

Sustainability Goals, Initiatives and Achievements

LEGO Group Invests in Nature and Technology-Based Carbon Removal Projects

Mars Launches New Impact Fund with $50 Million Annual Commitment to Support Communities, Pets, Scientists

Meta Signs Solar PPA with MN8 Energy to Power U.S. Data Centers

Deutsche Telekom Achieves Net Zero Across Operations

Mars Signs One of its Largest Renewable Energy Purchase Deals in Europe

Microsoft Signs 1.8 Million Ton Carbon Removal Deal to Restore African Rainforest

Toyota to Build Circular Factory in Poland to Recycle End-of Life Vehicles

Nike Sources 100% Clean Electricity for Japan Operations

Enel to Increase Renewables Investment to $20 Billion Over Next 3 Years

Amazon, Meta, Google, Microsoft Account for Half of Global Clean Energy Purchase Deals in 2025: Report

Bentley Commits to Use 100% Sustainable Aviation Fuel for Car Airfreight

Government & Regulators

EU Approves €400 Million Greek Cleantech Investment Aid Program

India Launches Review of ESG Ratings Provider Regulations

Sustainability Reporting

UK Releases Finalized Sustainability Reporting Standards

EU States Give Final Approval to Omnibus Package to Cut Sustainability Reporting and Due Diligence Requirements

ESG Services and Tools

Why Supply Chain Inefficiency is the Ultimate ESG Failure

DHL Launches New Suite of Shipping Decarbonization Services

Sustainable Finance

BBVA Sustainable Finance Activity Jumps 44% to New Annual Record

BlackRock-backed Atlas Renewable Secures $3 Billion for Solar and Battery Storage Portfolio in Latin America

Goldman Sachs Backs Clean Fuel Developer Andion

Sustainable Investing

Vanguard Pays $29.5 Million to Settle Multi-State Anti-ESG Lawsuit

Net Zero Asset Managers Initiative Relaunches

Exec Moves

Crédit Agricole Appoints Quentin Guerineau as Chief Sustainability and Impact Officer