This week in ESG news: EU adopts CSRD corporate sustainability reporting legislation; Florida pulls $2 billion from BlackRock in anti-ESG move; Credit Suisse announces climate action plan; EU unveils rules requiring all packaging to be recyclable; DHL to tie cost of debt to climate goals; McKinsey & Moody’s partner on climate solutions for banks; Airbus to test hydrogen-powered engine on A380; Sustainalytics launches ESG risk ratings for fixed income & private equity; AWS to be water positive by 2030; Hong Kong Exchange tells companies to prepare for climate reporting requirements; Ahold Delhaize to ask suppliers to set emissions targets, 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

Credit Suisse Unveils Climate Action Plan for Asset & Wealth Management Units

Ahold Delhaize to Ask Suppliers to Report Emissions, Set Climate Targets

Nestlé to End Advertising of Sugary Snacks to Kids Under 16

Amazon’s AWS Pledges to be Water Positive by 2030

Government & Regulators

Florida Pulls $2 Billion from BlackRock Due to ESG Investing

EU Commission Proposes Carbon Removal Certification Rules

EU Unveils Rules Requiring all Packaging to be Recyclable by 2030

ESG Reporting & Disclosure

EU Corporate Sustainability Reporting Legislation Adopted

European Regulators Delay Review of SFDR Financial Product Disclosure Rules

Hong Kong Exchange Encourages Companies to Prepare for Enhanced Climate Reporting Requirements

ESG Services and Tools

Sustainalytics Launches ESG Risk Ratings for Fixed Income and Private Equity

EY, Thomson Reuters Launch Supply Chain Risk & Regulation Tracking ESG Tools

McKinsey, Moody’s Launch Climate Solutions Suite for Banks

Guest Post – Notes From the Field: Inter-Stakeholder Communications, Digital Transformation Keys to ESG Performance Excellence

Sustainable Fitch Expands ESG Ratings Service to Over $100 Billion of Labelled Structured Bonds

ESG Investing

Manulife Launches $500 Million Carbon Credit-Focused Forest Fund

Euronext Launches Indices to Invest in Companies with Strong Gender Equality Performance

Sustainable Finance

Australia Regulator Finds Banks Expect to Reduce Exposure to Climate-Risk Affected Industries, Regions

Swedbank Unveils Decarbonization Targets for Real Estate, Energy Lending Portfolios

Societe Generale Rolls Out Sustainable Receivables Financing Solution to SMEs

DHL Publishes Sustainability-Linked Finance Framework Tying Cost of Debt to Climate Goals

Singapore Exchange to Enable Investors to Identify Sustainable Bonds

Private Equity & Venture Capital

ESG Data & Reporting Platform FigBytes Raises $14.5 Million

Blackstone, Rivean Acquire Rooftop Solar Company Esdec

Energy Storage Developer KORE Power Raising $150 Million to Fund Gigafactory Construction

TPG-Backed Carbon Markets Platform Rubicon Raising $1 Billion

Energy Transition

Airbus to Test Hydrogen Powered Aircraft Engine on A380

Renault Enters Largest Ever Green Electricity Supply Deal in France

Shell Acquires Largest European RNG Producer Nature Energy for $2 Billion

Rolls-Royce, EasyJet Perform First Ever Run of an Aircraft Engine on Green Hydrogen

Exec Moves

Janus Henderson Appoints Michelle Dunstan as Chief Responsibility Officer

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