ESG Today: Week in Review
This week in ESG news: Kick off of TNFD, with goal to launch reporting standard for nature-related risk; Anheuser-Busch achieves 100% renewable electricity goal 4 years early; Orsted reaches for title of world’s leading green energy major; KPMG, Ambipar & One Earth back GRI development of biodiversity reporting standard; SEC won’t enforce Trump-era proxy rules; State Street GA hires global head of ESG & sustainable investing; Moody’s expands ESG integration into credit analysis of new sectors; Swiss regulator sets mandatory climate reporting for banks and insurers , 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
Beer Giant Anheuser-Busch Reaches 100% Renewable Energy Goal Four Years Early
Iberdrola Introduces Board-Level Responsibility for Climate Action
Smithfield Foods Launches Sustainable Supply Chain, Renewable Energy Commitments
Government, Regulators and Politics
SEC Chief Says Commission Won’t Enforce Trump-Era Proxy Rules Seen as Restricting ESG Initiatives
Swiss Financial Regulator Sets Mandatory Climate Disclosure for Banks and Insurers
Bank of England Targets Net Zero Emissions in Own Operations
Reporting and Disclosure
Taskforce on Nature-related Financial Disclosures Launches, Aims to Set Reporting Framework in 2023
KPMG Backs GRI on Development of Biodiversity Reporting Standard
CPA Canada Backs Establishment of Global Sustainability Standards Board
Guest Post: Four Steps to Calculate and Report Scope 3 Emissions
Sustainable Finance
ACCIONA Signs €3.3B ESG-Linked Loans Ahead of IPO of Renewable Energy Subsidiary
NUS, UCL Join List of Higher Education Institutions Issuing Green & Sustainability Bonds
ESG Services and Tools
Nasdaq Acquires Carbon Removal Marketplace Puro.earth
Insurance Broker Howden Backs Launch of First ESG-Focused Insurer
Funds and Investors
DWS Launches Blue Economy Equity Fund Focused on Ocean Sustainability
Sony Innovation Fund Launches Initiative to Evaluate and Support Start-ups’ ESG Efforts
Toyota Launches $150 Million Climate Solutions-Focused Venture Fund
Energy Transition
Ørsted Aims to be World’s Leading Green Energy Major by 2030, Launches $57B Investment Plan
bp Acquires 9 GW Solar Portfolio in U.S. from 7X Energy
Exec Appointments
State Street Global Advisors Appoints Karen Wong as Global Head of ESG and Sustainable Investing
EY Canada Appoints Kent Kaufield as ESG Markets Leader & Chief Sustainability Officer
