ESG Today: Week in Review
This week in ESG news: New Chief Sustainability Officers at Nestlé, Cisco, Gap; UK plans new mandatory deforestation supply chain due diligence law; California pushes back start date for corporate climate reporting; New water sustainability milestones at Microsoft, Amazon; Mike Bloomberg pledges $285 million for clean energy sector; EBA simplifies and expands sustainability reporting for banks; Danone, Mars back new $150 million nature-based solutions fund; EU governments ease fossil fuel restrictions in new SFDR sustainable fund category system; LEGO launches its largest solar power project; MSCI acquires climate risk data provider First Street, 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
Paris Court Orders TotalEnergies to Address Climate Risks from Customers’ Use of its Products
Microsoft Hits Water Positive Target 5 Years Ahead of 2030 Goal
Ballard Acquires Green Hydrogen Power Solutions Provider GeoPura
Tesla, Sunrun, Renew Home to Turn U.S. Homes into Massive Distributed Power Plant
DHL to Offer Wind-Powered Ocean Shipping
Google, Energy Dome Launch Energy Storage Project to Enable 24/7 Clean Energy Access
Walmart Signs its First Long-term Nuclear Power Purchase Agreement
Amazon Achieves Water Positive Goal in India Ahead of 2027 Target
LEGO Launches Solar Project to Provide 100% of Electricity for Denmark Headquarters
Daimler, KEYOU Plan Hydrogen Combustion-Powered Truck Launch in 2027
Michael Bloomberg Pledges $285 Million to Help Clean Energy Industries Take on Fossil Fuel Influence
Amazon, BlackRock’s Skyborn Sign Largest-Ever Clean Energy Purchase Agreement in Germany
Government & Regulators
UK to Introduce Mandatory Supply Chain Deforestation Due Diligence Rules
Sustainability Reporting
California Pushes Back Deadline for First Corporate Climate Reports to November
ESG Services and Tools
Carbon Credit Ratings Provider BeZero Acquires Climate Analytics Platform Cedar
Climeworks Signs 450,000 Tons of Carbon Removal Agreements
MSCI Acquires Climate Risk Data Provider First Street
AI’s Role in Building More Sustainable Supply Chains
DP World Launches New Suite of Supply Chain Sustainability Solutions
Sustainable Finance
Water Has a Financing Problem. Blue Bonds Can Fix It.
Stegra Completes $1.6 Billion Capital Raise to Build Largest Green Steel Plant in Europe
Sustainable Investing
Danone, Mars Back New €150 Million Nature-Based Solutions Fund
Private Equity & Venture Capital
Isometric Raises $40 Million to Expand Industrial Certification Platform Beyond Carbon Removal
Exec Moves
Mirova Appoints Léa Dunand-Chatellet as CEO
Gap Appoints Levi Strauss CSO as New Chief Sustainability Officer
Cisco Appoints Colin Seward as New Chief Sustainability Officer
Nestlé Promotes Antonia Wanner to Chief Communications and Sustainability Officer
