ESG Today: Week in Review
This week in ESG news: Deutsche Bank’s DWS fined by SEC after greenwashing investigation; LEGO Group hires Chief Sustainability Officer, drops plans for recycled plastic bricks; France unveils plans to cut emissions 55% by 2030; EcoVadis launches solution to track product-level GHG emissions; SEC chief considering Scope 3 emissions reporting requirement after pushback; EU bans microplastics in consumer products; investor group targets 100 companies to address biodiversity & nature loss; capital raises for sustainable food, green hydrogen, clean energy infrastructure, 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
Northvolt to Build $5 Billion Gigafactory in Canada
Nucor, Helion to Build Fusion Power Plant to Decarbonize Steelmaking
Trane Launches AI-Based Building Decarbonization Solution
LEGO Group Appoints Annette Stube as Chief Sustainability Officer
Government & Regulators
EU Bans Microplastics in Consumer Products
France Announces Plan to Cut Emissions 55% by 2030
SEC Fines Deutsche Bank Subsidiary DWS $19 Million Following Greenwashing Investigation
ESG Reporting & Disclosure
ESG Services and Tools
EcoVadis Launches Product Carbon Emissions Tracking Solution
CBRE Signs Deal to Collect Emissions Data from Supply Chain
Sustainable Finance
La Banque Postale Launches €1 Billion Energy Transition Infrastructure Fund
ESG Investing
Just Climate Launches Natural Climate Solutions Investment Strategy
Private Equity & Venture Capital
EV Charging Startup SWISH Raises €47 Million
Paine Schwartz Raises $1.7 Billion for Sustainable Food Chain Fund
InterContinental Energy Raises $115 Million to Develop Green Hydrogen Projects