This week in ESG news: ISO, GHG Protocol unify GHG emission measurement and reporting standards; Swiss Re drops commitment to SBTi; SEC threatens IFRS Foundation over support for ISSB; Vanguard finds young investors strongly prefer ESG voting policies; Venture Capital coalition launches fund to scale climate tech startups to commercialization; EU passes law requiring fashion brands to pay to recycle clothing waste; Hong Kong to expand sustainable finance taxonomy to include transition, climate adaptation activities; Denmark to issue first-ever EuGB-aligned sovereign green bond; EU court rules nuclear and gas can be included in taxonomy of sustainable activities, 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

Swiss Re Drops Pursuit of SBTi Validation for Net Zero Goals

Guest Post – The Water Reckoning: Why Water Stress is the Next Big Financial Risk

Electric Hydrogen Acquires Ambient Fuels, Partners with Generate Capital to Develop and Finance Clean Hydrogen Projects

Rainforest Alliance Launches New Regenerative Agriculture Certification

Government & Regulators

EU to Provide €17.5 Billion Financing for Energy Efficiency, Decarbonization Projects for SMEs

EU Lawmakers Adopt New Rules Requiring Fashion Brands to Pay to Collect and Recycle Clothes

Singapore Raises Over $500 Million for Green Infrastructure Blended Finance Fund

ESG Reporting

SEC Chair Warns IFRS Foundation Over Support for International Sustainability Standards Board

ISO, GHG Protocol Unify Standards for Measuring and Reporting Emissions

Guest Post: Breathing Room for Better Reporting – How Businesses are Making Sustainable Progress Despite EU Delays

Guest Post – Environmental Data Transparency: Setting a New Benchmark for Sustainability

ESG Services and Tools

ServiceNow, Socialsuite to Launch New ESG Risk Management and Reporting Solution

Guest Post: Why Compliance Leaders Are Rethinking Supply Chain Data

Workiva Launches New Agentic AI Platform for Sustainability, Finance, GRC Solutions

Sustainable Finance

European Court Rules Nuclear, Fossil Gas Can be Included in EU Taxonomy

Eni, CDP JV GreenIT Raises €370 Million to Develop New Renewable Energy Projects in Italy

Hong Kong Proposes Expanding Sustainable Finance Taxonomy to Transition Activities

Denmark to Issue First-Ever Sovereign Green Bond Under EuGB “Gold Standard”

Sustainable Investing

Vanguard Finds ESG Voting Policy by Far the Most Popular Choice for Younger Investors

Robeco Launches Climate Transition-Focused Government Bond Active ETF

La Caisse, CEFC Launch $165 Million Sustainable Agriculture Carbon Credit Platform

IFC Investment Pushes responsAbility Asia Climate Tech Strategy Past $400 Million

Private Equity & Venture Capital

Una Terra Raises €50 Million for Circular Economy Venture Fund

Nitricity Raises $50 Million to Scale Sustainable Low Carbon Fertilizer Technology

Sapphire Technologies Raises $18 Million to Turn Waste Energy into Clean Power

Apollo Invests $3.8 Billion in RWE JV to Expand German Power Grid

$60 Billion Venture Capital Coalition Launches New Fund to Scale Climate Tech Startups

Exec Moves

Net Zero Certification Provider Planet Mark Appoints Avital Johanan as New Chief to Lead Expanded Supply Chain Focus