This week in ESG news: The UK becomes the first country in the world to mandate economy-wide TCFD-aligned disclosure; Biden climate plan points to major sustainability investments on the way; S&P Global study reveals outperformance of SDG-aligned portfolios; Sustainalytics launches tool to demonstrate portfolio sustainability impact; Major offshore wind player enters US market, 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

KPMG Commits to Net Zero Carbon, 100% Renewable Energy by 2030

Newmont Commits to New Climate Targets Including Net Zero Carbon Goal

TD Targets Net Zero GHGs in Operations and Financing, Exits Arctic O&G

Government, Regulators and Politics

Biden Climate Plan Suggests Major Investments on the Way in Renewables, EVs, Infrastructure and Buildings

ESG Investors and Organizations Enthusiastic Following Biden Victory

Reporting and Disclosure

UK Becomes First Country in the World to Make TCFD-aligned Disclosure Mandatory

GRI Launches Forum to Align Corporate Reporting with SDG Action

PRI Launches Redesigned Reporting Framework for Investors

Energy Transition

Renewables Investor TRIG Buys Stake in £2.5 Billion East Anglia One Offshore Wind Farm from GIG

ENGIE and EDPR Bring Large Scale Offshore Wind Company to US Energy Market

ESG Services and Tools

Sustainalytics Launches Impact Metrics to Demonstrate Sustainable Impact of Portfolios

Citi to Use S&P Global and Oliver Wyman’s Climate Credit Analytics to Assess Climate Impact on Credit

Mercer Launches Solution for Investors to Construct Climate Resilient Portfolios

Funds and Investors

Aberdeen Standard Investments Launches Suite of Sustainable Index Funds

State Street GA Launches First SPDR Corporate Bond ESG ETF for US Investors

Storebrand, PKA and PenSam Commit $5 Billion to New Climate and Infrastructure Fund

Scottish Widows Divesting £440 Million From ESG Underperformers

Exec Appointments

KPMG Hires Elena Richards as Chief Diversity and Inclusion Officer

Triodos IM Appoints Isabelle Laurencin as Fund Manager for Sustainable Food and Ag Private Equity Fund


ABT Capital Markets Acquires Stake in Alternative Data Provider ESG Analytics

Willis Towers Watson Acquires Climate Advisory and Analytics Provider Acclimatise

Reports, Studies, Surveys

EY Study Explores Sustainability Implications of US Election on Corporate Sustainability Strategy

S&P Global Study: SDG Aligned Portfolios Outperform

Fidelity International Study Links ESG Ratings and Investment Performance