ESG Today: Week in Review

ESG Today: Week in Review

This week in ESG news: ECB warns climate & nature risks “very likely being underestimated” by banks; SEC tells court it plans to scrap corporate climate reporting rules; BBVA sustainable finance activity jumps 33%; Ford turns old EV battery capacity into new energy storage business; New York to push back “unattainable” climate goals; EcoVadis, Workiva partner on Scope 3 data solutions; CDP finds companies anticipate $900 billion losses to extreme weather; tech giants Apple, Amazon, Google, Meta signs large-scale clean energy deals; New Zealand blocks climate lawsuits against companies; EU proposes €4 billion in new allowances to companies under ETS, 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

Meta Signs 850 MW of New Clean Energy Purchase Deals Across U.S.

Ford Repurposes EV Battery Capacity to Launch New Energy Storage Business

Swiss, MetaFuels Partner to Scale Up Synthetic SAF Production

Companies Anticipating $900 Billion Losses from Extreme Weather: CDP Report

Apple Backs Clean Energy, Circular Economy Projects in India

DHL Signs 10-Year Sustainable Aviation Fuel Supply Deal with Dubai-Based SAF One

Geothermal Developer Fervo Energy Raises $1.9 Billion in Upsized IPO

Target, Syre Partner to Scale Integration of Circular Materials in Products

Google Signs 500 MW Solar Deal to Power Texas Data Centers

Amazon Invests in 700 MW of New Carbon-Free Energy Projects to Power Future Data Centers in Nevada

Bayer, bp Sign Deal to Scale Biofuel Crop Production

Government & Regulators

New Zealand to Block Climate Lawsuits Against Companies

EU Commission Proposes Adding €4 Billion in Carbon Allowances to Industry in ETS Update

ECB: Climate, Nature Risks “Very Likely Being Underestimated” by Banks

New York Governor Strikes Deal to Push Back Climate Goals

China, EU, Brazil Launch International Carbon Pricing Coalition

Sustainability Reporting

SEC Tells Court it Plans to Scrap Climate Reporting Rules

ESG Services and Tools

UL Solutions Launches Product Carbon Footprint Calculation Solution

Bureau Veritas Launches New Supply Chain Emissions Engagement Solution

EcoVadis, Workiva Partner on Scope 3 Data Solutions

Buried Treasure: Private Markets Sustainability Data and The Wealth Opportunity

Sustainable Finance

Crux Secures $500 Million to Grow U.S. Clean Energy Financing Platform

Sunraycer Secures Over $900 Million to Build Texas Solar and Storage Portfolio

BBVA Sustainable Finance Business Jumps 33% After Record Year

KKR, HASI-Backed Sustainable Infrastructure Platform CarbonCount Raises Over $500 Million

Sustainable Investing

FTSE Russell, Planetrics to Launch Climate-Scenario Indices for Investors

Private Equity & Venture Capital

Lightrock Raises $500 Million to Scale Clean Energy Access in Emerging Markets

ECOncrete Raises $14 Million to Scale Ecosystem-enhancing Marine Construction Materials Technology

S2G Raises $1 Billion to Address “Missing Middle” Financing Gap for Food, Energy, Ocean Solutions

Mantle8 Raises $36 Million to Scale Natural Hydrogen Exploration Platform

SoftBank Launches New Battery Business to Power AI Infrastructure

Exec Moves

Diginex Appoints Archana Kotecha as Chief Impact Officer

Science Based Targets initiative Appoints McKenna Smith to Lead SBTi Services

Mark founded ESG Today following a 20 year career in investment management and research. Prior to founding ESG Today, Mark worked at Delaney Capital Management (DCM) in Toronto, Canada, most recently as the firm’s head of U.S. equities. While at DCM, Mark was part of the firm’s ESG team, responsible for evaluating and tracking the sustainability factors impacting portfolio companies, and assessing the suitability of companies for portfolio inclusion. Mark also spent several years in the sell-side research industry, covering the technology and services sectors. Mark holds an MBA from Columbia University in New York, a BBA from the Schulich School of Business at York University in Toronto, and is a CFA charterholder.

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