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: Ambitious new climate goals from U.S., UK, Japan; Mandatory sustainability reporting extended to 50,000 EU companies; S&P Global launches centralized group for sustainability offerings; More than 100 major companies commit to Net Zero emissions by 2040; Amazon becomes largest corporate buyer of renewable energy in Europe; McKinsey launches climate-focused consulting platform; Salesforce’s new toolset to track supply chain emissions; State Street launches partnership with S&P Global Trucost bringing climate data to clients; Companies increasingly integrating cost of carbon into strategies and decisions, 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
The Climate Pledge Passes 100 Companies Committing to Net Zero Emissions by 2040
Visa Reaches Carbon Neutrality, Aims to Become Climate Positive
Heineken Commits to Carbon Neutral Brewing
Government, Regulators and Politics
President Biden Announces Climate Goal for U.S.: 50-52% Emissions Reduction by 2030
UK to Cut Emissions 78% by 2035
Investors Move to Scrap Trump-Era Shareholder Proposal Rules Restricting ESG Efforts
Japan Doubles Down on 2030 Climate Goal
Reporting and Disclosure
EU Extends Mandatory Sustainability Reporting to 50,000 Companies
Treasury Secretary Yellen Endorses TCFD Reporting, IFRS Sustainability Standards Initiative
Salesforce Joins the Call for Mandatory Climate Disclosure
Sustainable Finance
Hannon Armstrong Links Debt Costs to Environmental Sustainability Goals in New $400M Credit Facility
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. Services and Tools
S&P Global Establishes Centralized Group for ESG and Sustainability Offerings
McKinsey Launches Platform to Help Clients with Net Zero Transformation
Salesforce Launches Toolset Enabling Companies to Track Carbon Emissions Across the Supply Chain
Sustainability Advisory ERM Acquires Consulting Firm Sustainalize
Funds and Investors
State Street Global Advisors Joins Net Zero Asset Managers Initiative
Financial Sector Net Zero Initiatives Unite Under New Industry-Wide Alliance
Energy Transition
Amazon Launches New Wind & Solar Projects, Becomes Europe’s Largest Corporate Renewables Buyer
Exec Appointments
ESG Investor Trillium Launches UK-Based Investment Team
FCA Appoints Sacha Sadan to Key ESG and Sustainable Finance Policy Role
Reports, Studies & Surveys
CDP Study: More Companies Putting a Price on Carbon
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