ESG Today: Week in Review
This week in ESG news: Google signs deal to power German operations with carbon-free power; AT&T commits to help reduce emissions by 1 billion tons; KPMG CEO survey reveals climate risk top of mind, plans for major ESG investment; Amazon launches rainforest restoration initiative; SGX proposes mandatory climate and diversity disclosures; Verizon invests $1 billion in renewable energy; EY says ESG key to attracting capital in energy industry; LSEG launches a Singapore sustainable finance unit; ESG issues dominate shareholder voting action; BMW aims to reduce lifecycle environmental impact of vehicles, 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
Mercedes-Benz to Source Fossil Free Steel for Vehicles from SSAB
Amazon Launches Reforestation Initiative Aimed at Restoring Brazil Rainforest
BMW Targets Major Emissions Reduction, Circular Economy Goals with New Sustainability Initiatives
Apple Commits $30 Million to Racial Equity and Justice Initiatives
AT&T Launches Initiative to Help Businesses Reduce Emissions by 1 Billion Tons
Government & Regulators
Switzerland Bids to Host International Sustainability Standards Board in Geneva
Reporting and Disclosure
Singapore Exchange Proposes Mandatory Climate and Board Diversity Disclosure for Issuers
Blue Dot Partners with Diginex to Deliver ESG Reporting Solutions to Investment Managers
ISS ESG Launches Automated Portfolio Reporting Solutions for EU Taxonomy, SFDR Compliance
ESG Services and Tools
ESG Platform Goby Acquired by Utility Management Company Conservice
CANDRIAM Academy Launches Company ESG Analysis Training Course for Investors
Moody’s Provides ESG and Climate Scores for Singapore-listed Companies on SGX Website
ESG Investing
BNP Paribas AM Offers Investors Access to Best in Class ESG Performers in China with New ETF
Energy Transition
Google Signs Deal with ENGIE for 24/7 Carbon Free Energy to Power German Operations
Verizon Allocates $1 Billion in Green Bond Proceeds to Renewable Energy
Sustainable Finance
EIB Launches Climate-Focused Advisory Council Chaired by ECB President Christine Lagarde
Munich Re Launches €1 Billion Green Bond After Completing Allocation of Inaugural Offering
LSEG Launches Sustainable Finance Unit in Singapore
Exec Appointments
Cowen Appoints John Miller as ESG Policy Analyst for Washington Research Group
Reports, Studies & Surveys
EY Study Finds Oil Majors Considering Investment Choices as ESG Becomes Key in Attracting Capital
LGIM Study Into Shareholder Votes Reveals ESG Dominating Top Issues for Investors
KPMG: CEOs Looking to Ramp Investments in ESG as Climate Rises to Top of Growth Risks