ESG Today: Week in Review
This week in ESG news: BNP Paribas ends financing for new oil and gas projects; Scope 3 disclosure by public companies growing, MSCI finds; EY launches blockchain-based carbon tracking platform; Bain study finds banks split on views of ESG as risk vs opportunity; high court dismisses climate lawsuit against Shell directors; Biden admin proposes major power sector emissions reductions; State Street launches carbon markets services; capital raises for sustainable packaging, carbon markets solutions and EV charging deployment; venture capital investors launch net zero alliance; Microsoft signs fusion energy deal; CBRE to roll out Deepki real estate sustainability platform, 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
UK High Court Dismisses Climate Lawsuit Against Shell Directors
Emirates Launches $200 Million Sustainable Aviation Solutions Fund
Microsoft to Source Clean Energy from World’s First Fusion Power Plant
Honeywell Launches Technology to Convert CO2 to Sustainable Aviation Fuel
DHL Launches Service for Air Cargo Clients to Address Carbon Impact of Shipping
Grab Commits to Zero Packaging Waste in Nature by 2040
Volvo Road Tests Hydrogen-Powered Electric Trucks
Government & Regulators
Biden Administration Announces Rules to Slash Power Plant Emissions
Australia Invests $1.4 Billion to Scale Green Hydrogen Industry
EU Lawmakers Push for Stronger Methane Emissions Reduction Rules
ESG Reporting & Disclosure
More than a Third of Public Companies Now Reporting Scope 3 Emissions: MSCI
ESG Services and Tools
CBRE to Invest in, Roll Out Real Estate Sustainability Platform Deepki
EY Launches Blockchain-based Carbon Tracking Solution
S&P Launches Dataset to Track Nature and Biodiversity Risk
IBM Launches Solution to Track Emissions from Cloud Computing
ESG Investing
Sustainable Infrastructure Investor Actis Launches $500 Million Japan-Focused Renewables Platform
State Street Launches Investor Services for Rapidly Growing Carbon Market
Sustainable Finance
BNP Paribas Ends Financing for New Oil and Gas Projects
Verizon Issues its Fifth $1 Billion Green Bond to Invest in Clean Energy
Private Equity & Venture Capital
Circular Economy Startup ecoSPIRITS Raises $10 Million
Carbon Markets Startup Cloverly Raises $19 Million
EV Charging Startup Driveco Raises €250 Million to Build Out European Network
JOLT Raises €150 Million to Build Ultra-Fast EV Charging Network
Venture Capital Investors Launch Net Zero Alliance to Align Startup Portfolios with Climate Goals
Reports, Studies & Surveys
Banks Split on Views of ESG as Source of Risk vs Opportunity, Bain Study Finds
