ESG Today: Week in Review
This week in ESG news: Amazon sets decarbonization expectations for suppliers, achieves 100% renewable energy; EU regulator ESMA tells companies to get data systems in place for sustainability reporting; Microsoft purchases 500,000 tons of carbon removals from Oxy; KPMG launches climate reporting hub; Bain appoints new sustainability practice leader; BlackRock unveils new voting policy for climate-focused funds; GRI launches service to help reporting companies align with CSRD sustainability reporting standards; LSEG study finds green economy out performs market over past 10 years; Nestlé unveils climate-resilient, low-carbon footprint coffee; Amazon releases free decarbonization solutions platform; UK launches new clean energy transition team, 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 to Require Key Suppliers to Provide Decarbonization Plans
Nestlé Unveils New Climate Resilient, Lower Carbon Footprint Coffee Variety
Amazon Hits 100% Renewable Energy Goal
Guest Post – When Companies Go Quiet: Exploring the rise of Greenhushing
Microsoft Signs Largest-Ever DAC Carbon Credit Purchase Agreement with Oxy’s 1PointFive
ESG Reporting
KPMG Launches New Climate Reporting Resources Hub
Government & Regulators
Canada to Invest up to $1 Billion in Oil Sands Carbon Capture Projects
UK Government Appoints Carbon Trust CEO Chris Stark to Lead New Clean Energy Transition Team
ESG Services and Tools
ClimeCo Launches New Tool to Match Companies with Nature-Based Solutions Projects
Amazon Launches Free Climate Solutions Platform to Help Decarbonize Supply Chain
GRESB Launches Transition Risk Analytics Solution for Asset Managers
Private Equity & Venture Capital
NLine Energy Raises $11 Million to Drive Expansion of Industrial Clean Energy Tech
North Sky Raises $250 Million for Private Equity Impact Fund
Nuveen Raises $200 Million for Private Equity Impact Strategy
ESG Investing
Guest Post – Mixed Messages: Making Sense of Today’s Proxy Landscape
BlackRock Launches Decarbonization Voting and Engagement Policy for Climate-Focused Funds
Exec Moves
Bain Appoints Jean-Charles van den Branden as Global Sustainability Practice Leader
Energy Impact Partners Appoints Jeff McDermott as Head of Strategic Finance
Reports, Studies & Surveys
Green Economy Outperforms Global Market Over Past 10 Years, Second Only to Tech: LSEG