ESG Today: Week in Review
This week in ESG news: BCG announces carbon removal & consulting agreement; Microsoft signs massive 12 GW solar deal; BlackRock acquires infrastructure giant GIP; BNP Paribas AM launches new global sustainability strategy; Volvo Cars hires new global head of sustainability; Apex launches new ESG advisory & reporting business; Blackstone’s Sphera acquires sustainable supply chain software provider; Robeco to target sustainable fashion, ‘forever chemicals’ in corporate engagements; capital raises for advanced recycling tech, distributed energy; IEA says 2023 a record year for renewables, 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
BCG Signs Carbon Removal and Consulting Agreement with 1PointFive
Electrolux Sets Science-Based Goals to Reduce Emissions from Products, Operations
Whirlpool Adds Onsite Wind and Solar at U.S. Plants
BMW to Produce only All-Electric Vehicles at Munich Plant from 2027
Engie Acquires Majority Stake in 194 MW Spanish Wind Portfolio from Mirova
Caterpillar, CRH Launch Partnership to Deploy Electric Off-Highway Trucks
Norway’s Statkraft to Invest up to €6 Billion in Hydro, Wind Power
ADNOC Acquires 10% Stake in Carbon Capture Developer Storegga
Microsoft Signs 12 GW U.S. Solar Panel Procurement Deal with QCells
Government & Regulators
ESG Services and Tools
Apex Group Launches ESG Advisory and Reporting Unit
Anthesis Acquires Sustainability Consultancy Revolt
Sphera Acquires Supply Chain Sustainability Software Provider SupplyShift
Guest Post: As Climate Challenges Mount, the Tech to Address Them is Going Global
Sustainable Finance
Private Equity & Venture Capital
BlackRock Acquires Infrastructure Giant GIP for $12.5 Billion
Circularity Tech Startup Resynergi Raises $6.4 Million to Scale Plastic Recycling Solution
I Squared Invests $400 Million in Brazil-based Clean Energy Platform Órigo Energia
ESG Investing
BNP Paribas AM to Expand Range of Sustainable, Impact Investment Solutions
S&P DJI Launches SDG-Aligned S&P 500 and Global LargeMidCap-based Indices
Exec Moves
Climate Consultancy The Carbon Trust Appoints Chris Stark as New CEO
ABN AMRO Appoints Tanja Kramer as Head of Sustainable Impact Fund
Volvo Cars Hires Vanessa Butani as Head of Global Sustainability
Reports, Studies & Surveys
Renewable Energy Growth Jumps by 50% in 2023, On Track to Overtake Coal Next Year: IEA