This week in ESG news: Switzerland announces mandated climate reporting for public companies & financials; Pfizer issues $1 billion sustainability bond to fund vaccine development; PepsiCo & Facebook launch water stewardship strategies; Goldman Sachs points to ESG investing as a driver for $1.9 billion acquisition; World’s largest Li-ion battery energy storage project completed in California; UK turns to hydrogen as major future clean energy source; Embraer enters the race for zero emissions aircraft; PNC announces new environmental finance goal, and more.

See below for the highlights of the past week, and get all your ESG news at ESG Today:

esg playbook

Sustainability Goals, Initiatives and Achievements

Facebook Invests in Water Restoration Projects, Commits to be Water Positive by 2030

PepsiCo Aims to be Net Water Positive, Deliver Water Access to Millions by 2030

Embraer Targets the Net Zero Emissions Aviation Market

Hamilton Lane Commits to Offset Climate Impact Through Emissions Reduction Projects

Prudential Commits $200 Million to Early-Stage Private Equity Firms with Diverse Ownership

Industrial Software Company AVEVA Joins Business Ambition for 1.5°C

Government & Regulators

UK Launches Strategy to Develop Hydrogen as a Major Low Carbon Power Source

Reporting and Disclosure

Switzerland Announces Mandated Climate Reporting for Public Companies, Financials

MUFG Commits to Measure & Disclose Climate Impact of Finance

ESG Services and Tools

BASF, Atos Partner on Solution Enabling Chemical Industry to Determine Carbon Footprint of Products

ESG Investing

Goldman Sachs Highlights ESG Capabilities, Products in $1.9B Acquisition of NN IP

Energy Transition

Vistra Completes Expansion of California Li-Ion Battery Energy Storage Project, Making it World’s Largest

Solar Developer Nexamp Raises $680 Million to Expand Decarbonization Solutions

TotalEnergies to Provide Wine-Based Renewable Fuel for 24 Hours of Le Mans, FIA WEC Endurance Races

Maersk Secures Carbon Neutral Fuel Supply for New Green Methanol Fueled Container Ship

BorgWarner Invests in Energy Storage Tech Company CelLink

Sustainable Finance

Pfizer Issues $1 Billion Sustainability Bond, Proceeds to Fund COVID-19 Vaccine R&D

PNC Sets $20 Billion Environmental Finance Goal

Exec Appointments

DWS Appoints Aleksandra Njagulj Global Head of ESG for Real Estate