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: Apple urges suppliers to decarbonize by 2030; UK regulator unveils sustainable disclosure and label rules to tackle greenwashing; BlackRock launches unit targeting low carbon transition opportunities; EU proposes that all new buildings be zero emission by 2030; Norway requires state-owned companies to set science-based emissions targets; Deloitte survey finds greenwashing risk top of mind for corporate execs; Air France-KLM announces one of the largest-ever sustainable aviation fuel supply deals; Mondelez to invest $1 billion in sustainable cocoa initiative; GFANZ drops Race to Zero requirement for members; EU lawmakers reach agreement to require all new cars to be zero emission by 2035, 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
Apple to Track Suppliers’ Emissions, Targeting a Decarbonized Supply Chain by 2030
Amazon Facility on Track to be First Ever Zero Carbon Certified Fulfillment Center
Mondelez Ramps Investment in Sustainable Cocoa Initiatives to $1 Billion
Ørsted, WWF Partner to Address Biodiversity Impact of Offshore Wind Deployment
IHS Towers to Invest Over $200 Million on New Emissions Reduction Strategy
$37 Trillion Group Calls on 1,000 Businesses to Set Science-Based Climate Targets
Guest Post: Rethinking Corporate Sustainability in a World Running Out of Time
Government & Regulators
EU to Require All New Cars to be Zero Emission by 2035
UK Regulator Targets Greenwashing with New Sustainable Investment Labels and Disclosure Rules
EU Member States Call on Major Economies to Ramp Climate Goals Ahead of COP27
Norway to Require State-Owned Companies to Set Science-Based Climate Targets
EU Markets Regulator Adds 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. Disclosure to its Key Priorities
EU Proposes Rules Requiring All New Buildings to be Zero Emission by 2030
ESG Reporting & Disclosure
Guest Post: You Heard Scope 3 Emissions Tracking is Optional – Here’s Why That’s Totally Wrong
ESG Services and Tools
Hong Kong Exchange Launches Voluntary Carbon Market
ESG Investing
Robeco Targets “Massive Opportunity” for Biodiversity Investments with New Equities Strategy
Guest Post – 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. Investing for Hedge Funds: Growing & Advancing
Sustainable Finance
Mark Carney-led GFANZ Drops Requirement for Race to Zero Commitment for Members
RBC Sets Goals to Reduce Emissions in Loan Book
Societe Generale Sets €300 Billion Sustainable Finance Target, Offers CSR Training to all Employees
Triodos Commits to Reduce Emissions in Loan Book and Investments 32% by 2030
Deutsche Bank Sets Scope 3 Emissions Reduction Targets for Carbon-Intensive Sectors
Private Equity & Venture Capital
CDPQ Announces $474 Million Investment in Japan Renewables Developer Shizen Energy
Energy Transition
IEA: Fossil Fuels Peak in All Scenarios as Clean Energy Investments Soar
Air-France-KLM Announces One of Largest-Ever Sustainable Aviation Fuel Supply Deals
GM Sources Renewable Energy to Power 100% of U.S. Operations
Exec Moves
BlackRock Hires McKinsey Sustainability Leader to Head New Climate Transition Opportunities Unit
Reports, Studies & Surveys
Greenwashing Top of Mind for Execs, as War & Inflation Threaten Corporate Climate Progress: Deloitte
UN Report Finds Global Climate Plans Insufficient to Hit 1.5 Degree Goal
BCG Survey: Only 10% of Companies Fully Measuring Emissions
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