This week in ESG news: IFRS Foundation’s ISSB to develop non-mandatory nature-related reporting requirements; bp hit by shareholder revolt over climate; EU unveils strategy to speed shift away from fossil fuels; Shell faces new climate lawsuit; GM hits clean energy milestone in U.S.; most companies sticking with climate strategies, but changing how they talk about it – survey; Apple increases clean energy across supply chain; DBS, Heineken, Accenture appoint new sustainability leaders; Watershed launches AI tools to handle messy sustainability data; Delta says it is sticking with sustainable fuel goal, despite media reports; capital raises for industrial decarbonization, fleet electrification; battery recycling, 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
bp Shareholders Defeat Resolution Aimed at Reducing Climate Disclosures
Meta Signs 1 GW Energy Storage Deal to Power Data Centers
Amazon Signs 685,000 Ton Carbon Credit Deal to Reduce Emissions from Rice Farming in India
GM Achieves 100% Renewable Electricity Goal in U.S.
DSV, United Airlines, Microsoft and Phillips 66 Ink Sustainable Aviation Fuel Deal
Shell Faces New Climate Lawsuit Over Oil & Gas Drilling, Emissions
Most Businesses Maintaining Climate Action, but Reframing Messaging on Net Zero: Survey
Mars, ofi Launch Project to Cut Carbon Footprint of Cocoa Supply Chain
Delta Confirms Commitment to 10% SAF by 2030, Countering Media Reports
Apple Avoids Over 26 Million Tons of Emissions Through Use of Clean Energy in Supply Chain
Government & Regulators
EU to Set “Ambitious” Electrification Target to Accelerate Transition Away from Fossil Fuels
Sustainability Reporting
ISSB Decides to Develop Non-Mandatory Nature-Related Reporting Requirements
ESG Services and Tools
Watershed Launches New AI Agents to Clean “Messy” Sustainability Data
Mangrove Systems Acquires Biochar Carbon Removal Platform Grain Ecosystem
Tracking Deforestation and Land Use Change with Satellite Imagery: Implications for ESG Compliance
Sustainable Finance
Amazon-Backed Nuclear Tech Company X-Energy Raises Over $1 Billion in IPO
Sustainable Investing
AllianzGI Acquires Majority Stake in Battery Storage Platform GESI
Eiffel Launches New Short Term Green Bond Fund
Private Equity & Venture Capital
Decade Energy Raises €22 Million to Scale Fleet Electrification Infrastructure Platform
Lime Rock New Energy Raises $640 Million for Energy Transition Private Equity Fund
Exergy3 Raises $13.5 Million to Decarbonize Industrial Heat with Unused Renewable Energy
Renewable Metals Raises $12 Million to Scale Battery Recycling Platform
Exec Moves
Accenture Appoints Jens Laue as Sustainability Services Lead for EMEA
Heineken Appoints Simon Henzell-Thomas as New Global Sustainability Director
DBS Appoints Kelvin Wong as New Chief Sustainability Officer
