ESG Today: Week in Review
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
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
