ESG Today: Week in Review
This week in ESG news: The European Commission unveils its €800 billion (!!!) offshore wind strategy; Deutsche Börse acquires governance and ESG company ISS; Dow Jones Sustainability Index announces annual additions and deletions; new reporting standard released for financials to measure GHG impact of loans and investments; UK releases Green Industrial Revolution plan; MSCI addresses materiality in ESG ratings; Canada aims for net zero 2050; the sustainable bond market accelerates – again, 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
Henkel and Signify Sign on to Climate Pledge
New VPPAs Bring Novartis to 100% Renewable Electricity in Europe
Government, Regulators and Politics
Canada Aims for Net Zero GHG Emissions by 2050
PM Johnson Unveils Plan for Green Industrial Revolution; UK to Ban Petrol and Diesel Cars by 2030
Sustainable Finance
Moody’s Raises Forecast for Sustainable Bond Issuance Again, Now Sees $425B in 2020
EQT Adds ESG-linked SCF to Sustainable Finance Toolset, Promoting Portfolio Sustainability
NRG Energy Launches Notes Offerings Including Sustainability-Linked Bonds
Markets
Dow Jones Sustainability Indices 2020 Review Results Announced
Record Inflows Into ESG ETFs Continued Through October: Lyxor ETF
Reporting and Disclosure
PCAF Launches Global GHG Accounting and Reporting Standard for the Financial Industry
Investors Urge European Companies to Disclose Financial Impact of Global Climate Action
Energy Transition
European Commission Presents Massive €800 Billion Offshore Wind Strategy
SSE Publishes Just Transition Plan, Aims to Triple Renewable Energy Generation
ESG Services and Tools
Morningstar Integrates ESG Research into Analysis of Stocks, Funds, and Asset Managers
MSCI Launches ESG Materiality Map, Providing Transparency into ESG Ratings
RepRisk and Apex Group Partner to Provide ESG Risk Data to Private Markets
IHS Markit Launches Sovereign ESG Dataset For Country Level Risk and Opportunity Assessment
Funds and Investors
Climate Action 100+ Adds GHG Emitters to Focus List for Investor Engagement
DWS Commits to Climate Neutrality, Highlights ESG Progress at AGM
Lombard Odier Launches Natural Capital-focused Investment Strategy
Exec Appointments
Moody’s Appoints Emilie Mazzacurati as Global Head of Climate Solutions
M&A
Deutsche Börse Acquires Corporate Governance & ESG Solutions Provider ISS in $1.8 Billion Deal
Reports, Studies, Surveys
Edelman Study: Investors to Refocus on ESG Post COVID-19, Apply Premium to Sustainability Leaders