This week in ESG news: IFRS, GRI align sustainability reporting standards; SEC launches proposal to scrap corporate climate reporting rules; McDonald’s to miss 2030 supply chain decarbonization goal; tech giants back plan to test clean energy & materials solutions in data centers; global sustainable fund flows turn positive in Q1 2026; bp fires new Chair over governance, conduct issues; New York passes law pushing back climate goals; new framework for reporting on human rights, social impact launched; fusion startups raise over $300 million in growth capital; Lufthansa passengers offset over 700,000 tons of carbon through climate programs; IPX Power raises $5 billion for massive California clean energy project, 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
McDonald’s to Miss 2030 Value Chain Decarbonization Goal, Remains Committed to Net Zero by 2050
Stockholm Becomes One of World’s Largest Carbon Removal Buyers with New 750,000-Tonne Deal
BP Removes New Chair Over Governance, Conduct Concerns
Lufthansa Passengers Offset 710,000 Tonnes of CO2 Through Climate Program
Enbridge to Develop $1.2 Billion Solar & Storage Project to Power Meta Data Centers
Government & Regulators
New York Governor Signs Law Pushing Back State Climate Goals
EU Commission Awards €400 Million to Industrial Heat Decarbonization Projects
Sustainability Reporting
SEC Launches Formal Process to Rescind Corporate Climate Reporting Rules
California’s SB 253 Just Made Your Carbon Data a CFO Problem
IFRS, GRI Expand Collaboration to Align Sustainability Reporting Standards
TISFD Launches Proposed Framework for Reporting on Human Rights, Social Impact
ESG Services and Tools
Carbonfact Acquires Fashion Sustainability Software Provider Vaayu
IFS Launches New Emissions Measurement and Reporting Solution for Industrial Companies
Sustainable Finance
Acelen Renewables Secures $1.5 Billion to Build Billion-Liter SAF Project in Brazil
Sustainable Investing
Sustainable Fund Flows Return to Positive Territory, Driven by Rebound in Europe: Morningstar
Private Equity & Venture Capital
Caudal Energy Raises $5.6 Million to Generate Power from Marine Mammal-Inspired Tidal Tech
DigitalBridge Acquires Electrification Infrastructure Investor ArcLight for $1 Billion
Thea Energy Raises $100 Million to Scale Fusion Power Plant Technology
Fusion Startup Focused Energy Raises Record $240 Million
P2 Science Raises $23 Million to Produce Green Chemicals for Beauty, Personal Care Sectors
D-CRBN Raises $20 Million to Turn CO2 into Clean Fuels, Materials
