This week in ESG news: Vanguard drops out of Net Zero Asset Managers initiative; S&P acquires sustainable bond rating agency; 99% of public companies plan to ramp investments on ESG reporting tools – survey; EU raises price of carbon for airlines; the Fed releases climate risk management proposals for banks; Lowe’s commits to net zero across value chain; Salesforce launches ESG reporting solution; Pernod Ricard to build $250 million carbon neutral distillery; PwC & SAP collaborate on ESG tools; GRI unveils biodiversity reporting standard; EU bans deforestation-linked products; Air France-KLM purchases 1 billion liters of SAF; Credit Agricole launches energy transition financing and investment unit, 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

Pernod Ricard to Build $250 Million Carbon Neutral Distillery

Thermo Fisher Ramps Emissions Reduction Targets

JetBlue to Slash Per-Seat Emissions in Half by 2035

Guest Post: 3 Guiding Pillars for Companies Looking to Create an Effective Climate Transition Plan

Lowe’s Commits to Net Zero Emissions Across Entire Value Chain

PepsiCo Sets Goal to Double Reusable Packaging for Beverages

L’Oreal Introduces Impact Labelling System for Products in U.S.

Guest Post: A Biodiversity Crisis is Unfolding – It’s Time for Businesses to Act

Government & Regulators

EU Lawmakers Raise the Price of Carbon Emissions for Airlines

Fed Releases Climate Risk Management Proposals for Big Banks

EU Lawmakers Agree on Rules Banning Deforestation-Linked Products

ESG Reporting & Disclosure

99% of Public Companies Expect to Invest in ESG Reporting Tech & Tools in Next 12 Months: Deloitte Survey

GRI Unveils Biodiversity Reporting Standard

ESG Services and Tools

Salesforce Launches ESG Data Management & Reporting Solution

Blackstone-Backed Legence Acquires Commercial Real Estate Sustainability Consultancy LORD Green Strategies

PwC, SAP Collaborate on ESG Strategy & Reporting Solutions

Deloitte Acquires Infrastructure-Focused Consultancy PACER to Target Energy Transition, Climate Opportunities

ESG Investing

Vanguard Drops Out of Net Zero Asset Managers Initiative

BNP Paribas AM Acquires Natural Capital Investor IWC

Sustainable Finance

Crédit Agricole Launches Energy Transition Division to Coordinate Group-wide Actions

S&P Acquires Largest Sustainable Bond Rating Provider Shades of Green

Private Equity & Venture Capital

JPMorgan Invests in Sustainability-Focused Mining Tech Startup MineSense

Methane Detection Tech Provider LongPath Raises $22 Million

Energy Transition

Air Products, AES Commit $4 Billion to Build Largest Green Hydrogen Facility in U.S.

First-Ever US Pacific Offshore Wind Auction Raises Over $750 Million

JetBlue Signs Deal to Buy “Carbon Negative” Sustainable Aviation Fuel

DHL, Ford Sign Deal for 2,000 Electric Vans for Global Last-Mile Delivery

Air France-KLM Signs Deal for Over 1 Billion Liters of Sustainable Aviation Fuel with TotalEnergies

Exec Moves

Ontario Teachers’ Pension Plan Appoints Anna Murray as Global Head of Sustainable Investing

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