ESG Today: Week in Review
This week in ESG news: Google acknowledges moonshot climate goals “getting harder” to reach; Amazon signs 2 million ton nature-based carbon removal deal; EU regulators propose Taxonomy simplification measures; Companies still struggling to quantify impact of sustainability risks and opportunities; ISSB to allow TNFD metrics for nature-based reporting; World Bank drops key climate finance target under U.S. pressure; PwC’s new Global Sustainability Leader; New Zealand proposes adoption of IFRS S2 climate reporting standard; airlines facing $48 billion green squeeze; EU adopts new circularity requirements for vehicles, 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
Amazon Signs 2 Million Ton Nature-Based Carbon Removal Deal
Google Says Moonshot Climate Goals “Getting Harder” to Achieve
Not Just Voluntary Credits: Three Trends Shaping the Next Phase of CDR Demand
Deep Sky Delivers First Certified DAC Carbon Credits to Microsoft, RBC
Airlines Face a $48 Billion Green Squeeze
Amazon Invests in Sustainable Aviation Fuel Producer GranBio
Government & Regulators
EU Adopts New Circularity Requirements for Vehicles
China Unveils Goal to Grow Non-Fossil Energy to 50% of Power Generation by 2030
Sustainability Reporting
EU Regulators Propose EU Taxonomy Simplification Measures
New Zealand Proposes Adopting IFRS S2 as New Climate Reporting Standard
ISSB to Allow Use of TNFD Metrics to Meet Nature-Related Disclosure Requirements
ESG Services and Tools
Clarity AI Launches Asset-Level Climate Risk Assessment Solution for Banks, Investors
Sustainable Finance
Brookfield Backs Bloom Energy with $25 Billion to Power AI Infrastructure with Fuel Cells
Crédit Agricole Launches Asia Pacific ESG-Linked Trade Finance Solution
Impact Fund Denmark Raises $760 Million for Blended Finance SDG Fund
World Bank Drops Climate Finance Target Under U.S. Pressure
Eiffel Launches €1 Billion Impact Debt Fund
Private Equity & Venture Capital
Actis Acquires Clean Energy Platform Klara Renewables from CVC DIF
KKR, SK Launch $1.3 Billion Renewable Energy Platform in South Korea
RGREEN INVEST Raises €500 Million for European Energy Transition Infrastructure Fund
KKR Acquires EDF’s North American Renewable Energy Business for $4.2 Billion
Generation IM Raises Over $1 Billion for Sustainable Transformation-Focused Private Equity Fund
Sustainable Nutrition Startup Protein Brewery Raises $20 Million
Exec Moves
CDP Appoints Beth Thoren as CEO of New CDP Foundation
PwC Appoints Lynne Baber as Global Sustainability Leader
McDonald’s Appoints Suheily Natal Davis as Chief Sustainability, Social Impact & Inclusion Officer
