ESG Today: Week in Review
This week in ESG news: Germany’s €50 billion industrial decarbonization plan; U.S. launches clean hydrogen strategy; EU regulators say greenwashing risks are growing for banks, asset managers; Mercedes-Benz signs agreement for green steel; Ørsted issues energy sector’s first blue bonds; capital raises for sustainable aviation fuel, carbon markets; PwC survey reveals upcoming surge in ESG investments in private markets; UK bans Shell clean energy ads in greenwashing crackdown; Fitch launches ESG regulations and reporting tracker; Watershed launches corporate climate reporting solution, 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
Uber Commits to Emissions-Free Uber Eats Deliveries by 2040
GM Adopts Tesla EV Charging Standard
Court Greenlights Greenwashing Case Against KLM
MAPFRE Exits Net Zero Insurance Alliance
Mercedes-Benz Signs Green Steel Agreements in Europe, North America
Guest Post: Why Climate Risks Are Changing So Few Corporate Ratings
LG Targets 100% Renewable Energy by 2050
Government & Regulators
Australia Mandates Bank Regulator to Consider Climate Risk, Adopt Climate Reporting Standards
U.S. Launches Clean Hydrogen Strategy
UK Bans Shell, Petronas, Repsol Ads in Greenwashing Crackdown
Germany Launches €50 Billion Industrial Decarbonization Subsidy Program
Guest Post: Why Governments Must Prepare Their Infrastructure for a 2°C Warmer World
EU Regulators Find Growing Greenwashing Risk for Banks, Asset Managers
ESG Reporting & Disclosure
Fitch Launches ESG Regulations and Reporting Standards Tracker
ESG Services and Tools
Persefoni Launches Tool Enabling Companies to Collect Scope 3 Emissions Data from Suppliers
Watershed Launches Corporate Climate Reporting Software
IQ-EQ Partners with Novata on ESG Data Solutions for Private Markets
ESG Investing
Just Climate Raises $1.5 Billion to Invest in Industrial Decarbonization Solutions
GenZero, BCG Launch Climate Impact Measurement Framework for Investors
Carbon Growth Partners Raising $200 Million for Carbon Credit Fund
Lombard Odier, Systemiq Launch New Sustainable Investment Platform
Sustainable Finance
Private Equity & Venture Capital
More than 75% of Private Markets Investors Plan to Stop Investing in Non-ESG Products: PwC
Cleantech Startup OXCCU Raises $22 Million to Turn CO2 into Sustainable Jet Fuel
Carbon Marketplace Nori Raises Over $6 Million, Appoints New CEO
