This week in ESG news: IFRS takes next steps towards global sustainability standards; ESMA calls for regulation of ESG ratings; ISS acquires muni bond ESG score provider; Europe’s regulators publish sustainable finance disclosure rules; S&P Global sets science-based climate targets; Moody’s forecasts sustainable finance volumes to soar; Ford doubles down on electrification; major investors reveal 2021 engagement focus areas, 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

Ford Doubles Investment in Electrification, Commits $22 Billion Through 2025

S&P Global Launches Series of Climate Initiatives, Including Science-Based Targets, Reporting

Qualcomm Unveils 2025 Corporate Responsibility Targets

Government, Regulators and Politics

European Securities and Markets Authority Calls for Regulation of ESG Ratings

SEC Creates Senior Position to Oversee Efforts on ESG and Climate Risk

Reporting and Disclosure

IFRS Takes Next Steps Towards Establishing Global Sustainability Standards

Europe’s Regulators Issue Final Draft of SFDR Disclosure Rules

Sustainable Finance

Sustainable Finance Outlook: Moody’s Sees Sustainable Bond Issuance Soaring to $650B in 2021

Bridgestone Issues $1.1 Billion Sustainability-Linked Credit Facility

Alibaba Upcoming $5 Billion Bond Offering to Include Sustainability Notes

Energy Transition

Mirova Launches Fundraising for New Energy Transition Infrastructure Fund

Macquarie’s GIG Launches Solar Energy Company Cero Generation

ESG Services and Tools

ISS Acquires Muni Bond ESG Scoring Provider ACRe Data

BlackRock Adds RepRisk ESG Data on Private Companies to eFront

S&P Global Market Intelligence Launches Price Forecasts for Renewable Energy Credits

WBCSD Releases Online Tool to Measure Circularity Performance, with Updated Circular Transition Framework

Investor Engagement

Nuveen Identifies Focus Areas for Responsible Investing Engagement Efforts for 2021

BMO GAM Reveals 2021 Engagement Priorities, Including Climate, Biodiversity and Inequality

ABN AMRO Selects Federated Hermes’ EOS for Stewardship and Engagement Services

Funds and Investors

M&G Allocates £5 Billion to Sustainable Private Assets

S&P DJI Launches ESG Versions of S&P MidCap 400 and S&P SmallCap 600 Indices

Citi Launches ESG World Indices with Exposure to Best in Class ESG Performers

Exec Appointments

Moody’s Appoints Sabine Lochmann As Global Head of ESG Measures Business

Reports, Studies & Surveys

Moody’s: Improving ESG Transparency will Increasingly Affect Access to Capital