This week in ESG news: State Street to require portfolio companies to provide climate disclosure; investors call to keep gas out of EU Taxonomy; Blackstone invests $3 billion in renewable energy developer Invenergy; Citi launches sustainability-linked supply chain finance program; IBM acquires sustainability data & analytics provider Envizi; BlackRock launches fund investing in net zero transition winners; Maersk pledges to provide net zero supply chains; SBTi outlines action plan for 2022; EY says companies gearing up for ESG-focused M&A; Iberdrola makes big move in UK solar market; HSBC launches ESG funds for fixed income investors, 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

Maersk Commits to Provide Customers with Net Zero Supply Chains by 2040

Novelis Targets Million-Ton Emissions Reduction with $365 Million Investment in Automotive Recycling Facility

Trane’s Thermo King to Enable Customers to Avoid 650,000 Tonnes of Emissions with Transition to New Refrigerant

Reporting and Disclosure

State Street to Require Companies to Provide TCFD-Aligned Climate Disclosures

ESG Services and Tools

IBM Acquires Sustainability Data & Analytics Solutions Provider Envizi

Guest Post: Three Quick Adjustments to Your ESG Plan That Would Boost Your Rating

SBTi Action Plan for 2022 Includes Scope 3 Target Setting, Sector-Specific Guidance

CRISIL to Assess, Disclose ESG Impact on Credit Ratings

Aspiration Acquires Consumer Spending Climate Footprint Assessment Startup Carbon Insights

Qontigo Integrates ESG Risk & Ratings Tools into Portfolio Construction and Analytics Offerings

Government & Regulators

Sustainable Investor Group Urges Lawmakers to Keep Gas Out of EU Taxonomy

ESG Investing

BlackRock Launches New Funds Targeting Themes Enabling, Benefiting from Net Zero Transition

HSBC Builds Out Sustainable Fixed Income Suite with Global Bond ETF

Activist Investor Engine No. 1 to Provide Real-Time Transparency into Proxy Voting

Wahed Launches Shariah-Compliant ESG Fund

Sustainable Finance

Citi Launches its First Sustainability-Linked Supply Chain Finance Program in MENA Region

Nuveen Launches New Brand for its Sustainable Commercial Real Estate Financing Business

Silicon Valley Bank Announces $5 Billion Sustainable Finance Commitment

Energy Transition

Blackstone Announces $3 Billion Investment in Renewable Energy Developer Invenergy

Iberdrola Expands Position in UK Renewables Market with 800 MW Solar Acquisitions

ING Invests in Sustainable Energy Innovation and Investment Platform EIT InnoEnergy

Goldman Sachs Invests $250 Million in Energy Storage Solutions Startup Hydrostor

Thyssenkrupp to Supply Shell with 200 MW Electrolysis Plant for Green Hydrogen Hub in Netherlands

Exec Appointments

MSCI Appoints Eric Moen as Head of ESG and Climate

American Century Investments Appoints Sarah Bratton Hughes Head of ESG and Sustainable Investing

Schroders Names Marina Severinovsky Head of Sustainability, North America

BDO USA Appoints its First ESG Strategy & Services Leader

Reports, Studies & Surveys

EY CEO Survey: ESG Emerging as Priority Area for M&A, Capital Allocation