ESG Today: Week in Review
This week in ESG news: Major cuts to sustainability reporting requirements proposed by EU’s Omnibus negotiator; Canada releases anti-greenwashing guidance for companies; IFRS says more jurisdictions moving towards using ISSB sustainability reporting standards; Amazon reports progress on sustainable water goals; Lululemon signs long-term deal for sustainable materials; India launches regulations for ESG bond issuers; Nestlé surpasses sustainable coffee goal; U.S. EPA tries to scrap power plant GHG emissions standards; Munich Re exits several net zero coalitions, but keeps climate goals; survey finds investors turning outside U.S. for climate-related investment opportunities; Walmart, Netflix shareholders reject anti-DEI proposals; capital raises for fusion tech, building efficiency solutions, sustainable infrastructure, ocean sustainability, 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 1.9 GW Nuclear Deal to Power Data Centers
Lululemon Signs Deal to Buy Recycled Materials for up to 20% of its Total Fibers
Nestlé’s Nescafé Significantly Beats Sustainable Coffee Farming Goal
More than 99% of Walmart, Netflix Shareholders Reject Anti-DEI Proposals
Amazon’s AWS More than Halfway to Achieving 2030 Water Positive Goal
Guest Post: How the Dismantling of ENERGY STAR Could Change Sustainability Benchmarking
Government & Regulators
EU Says Over €240 Billion Investment Needed for Nuclear Energy Plans
EPA Proposes Scrapping GHG Emissions Standards for Power Plants
India Launches New Regulations for Social, Sustainability, Sustainability-Linked Bonds
Canada Releases Anti-Greenwashing Guidance for Companies
ESG Reporting
IFRS Says 36 Jurisdictions Are Moving Towards Using ISSB Sustainability Reporting Standards
Accounting Body ACCA Calls on EU to Simplify Sustainable Finance Disclosure Regulation
ESG Services and Tools
Green Project Technologies Launches New Supply Chain Clean Energy Procurement Platform
Broadridge, Novisto Partner to Launch New Sustainability Data Management and Reporting Platform
Achilles Launches New Sustainability Reporting Platform
Sustainable Finance
Fervo Energy Raises Over $200 Million to Build U.S. Geothermal Energy Project
KKR, HASI Sustainable Infrastructure Investment Platform Raises $592 Million
Private Equity & Venture Capital
Proxima Raises Record $149 Million in Drive to First Fusion Power Plant
Runwise Raises $55 Million to Cut Buildings’ Emissions and Energy Costs
SWEN Capital Raises $183 Million for New Ocean Impact Venture Fund
Sustainable Investing
Munich Re Exits Major Net Zero Coalitions
Investors Turning Outside U.S. to Look for Climate Investment Opportunities: Survey
Guest Post – The Sustainability Crossroads: 3 Issues Investors Cannot Ignore
