ESG Today: Week in Review
This week in ESG news: EU lawmakers vote to require company climate transition plans; insurers flee net zero industry alliance over U.S. antitrust threats; KPMG partners with Workiva, Microsoft, Watershed on climate solutions; PepsiCo opens green energy-powered, circularity-focused plant; Delta faces greenwashing lawsuit over carbon neutrality claims; investors target high-impact companies for environmental disclosure; Accenture acquires sustainability consultancy; capital raises for real estate ESG software, sustainable aviation technology; MSC launches first ever net zero cruise, 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
Walmart Shifts to Paper Packaging for Online Orders
Absolut Launches Paper-Based Bottle Trial in UK Supermarkets
Boeing Signs Carbon Removal Deal with Cleantech Startup Equatic
Toyota Scales US EV Plans with New $2 Billion Battery Plant Investment
Delta Hit with Greenwashing Lawsuit over Carbon Neutrality Claims
PepsiCo Opens $320 Million Green-Powered, Circular Economy-Focused Plant in Poland
MSC to Launch First Ever Net Zero Cruise
Hyundai, LG Energy Launching $4.3 Billion EV Battery Plant to Meet “Soaring” U.S. Demand
Government & Regulators
EU Parliament Votes to Require Companies to Introduce Climate Transition Plans
Dubai’s RTA Launches Net Zero Strategy Targeting 10 Million Tonnes of CO2 Emissions Reduction
ESG Reporting & Disclosure
$29 Trillion Investor Group Urges High Impact Companies to Disclose on Environmental Impact
ESG Services and Tools
KPMG Partners with CoolPlanet to Offer Carbon Accounting, Decarbonization Solutions
Fujitsu, Microsoft Partner on Sustainable Transformation Solutions
KPMG Partners with Watershed to Help Clients Measure, Reduce Carbon Footprint
Accenture Acquires Sustainability Consultancy Green Domus
ESG Investing
HSBC Launches AI-Powered Index Tracking Companies with “ESG Momentum”
SMBC Invests $10 Million in Circular Plastics Solutions Fund
Lombard Odier Launches Equity Strategy to Capture Electrification “Green Alpha” Opportunities
Sustainable Finance
Grupo Bimbo Issues $850 Million Bond with Interest Tied to Scope 3 Emissions Goals
Insurers Exit Net Zero Insurance Alliance as U.S. Political Pressure Builds
Private Equity & Venture Capital
Sustainable Aviation Fuel Startup CleanJoule Raises $50 Million
Real Estate ESG Data Provider Measurabl Raises $93 Million
Exec Moves
S&P Global Appoints Chris Heusler as President of ESG-Focused Unit Sustainable1