This week in ESG news: Institutional investor survey finds COVID-19 driving increased ESG focus; South Korea launches world’s largest offshore wind project; Shell says its oil and emissions production have already peaked; BofA sets climate goals for operations and financing; investors respond cautiously to European Commission’s sustainable corporate governance initiatives; Amazon moves closer to 100% renewable energy goal; New leadership at Arabesque, S-Ray; senior execs report increased ESG initiatives, but lack confidence in sustainability performance, 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

BofA Sets Interim Financing, Operations and Supply Chain Goals on Path to Net Zero 2050

Shell Sets Out Net Zero Transformation Strategy, Says Emissions & Oil Production Have Already Peaked

LafargeHolcim and Schlumberger Partner on Development of Carbon Capture & Storage Solutions

Elon Musk Funds $100 Million XPRIZE Carbon Removal Solutions Competition

Government, Regulators and Politics

France Regulator AMF Increases Focus on ESG in Exams, Introduces Sustainable Finance Certification

Investor Associations Respond Cautiously to European Commissions’ Sustainable Corporate Governance Consultation

US DOE Announces $100 Million for Clean Energy Solutions, Supporting Biden Climate Agenda

Sustainable Finance

Prada Signs €90 Million Sustainability Linked Loan

Energy Transition

Deal with Shell Moves Amazon Closer to 100% Renewable Energy Goal

South Korea to Invest $43 Billion to Develop World’s Largest Wind Farm

Macquarie Exceeds Fundraising Target for Renewable Energy Fund, Raising €1.6 Billion

LGIM Launches Europe’s First Hydrogen Economy-Focused ETF

ESG Services and Tools

ESG Enterprise Launches SaaS-Based Carbon Neutrality Risk Management Solution

Investor Engagement

BCI Increases Focus on Diversity, Climate Action & Compensation in Proxy Voting

ShareAction-Led Investor Group Targets Tesco to Increase Focus on Healthy Products

Funds and Investors

Amundi Launches Investment Funds With Strategy to Invest in “ESG Improvers”

SEB Raises Sustainability Bar for Investment Portfolios, Expands Fossil Fuel Exclusion to all Funds

Scottish Widows Targets Net Zero Across Entire £170B Portfolio, to Invest Billions in Climate Solutions

Morgan Stanley, Solactive, and ISS ESG, Launch Index of Companies Leading on Plastic Waste Solutions

Exec Appointments

Daniel Klier Named President of Sustainable Finance Tech Company Arabesque, CEO of ESG Data Platform S-Ray

Sustainability Education Platform Earth Academy Appoints Tim Mohin, Pieter Smeets to Advisory Board

Reports, Studies & Surveys

MSCI Survey Reveals Increasing US Investor Interest in ESG

NAVEX Survey Finds Companies Adopting ESG Practices, But Lack Confidence in Sustainability Performance