This week in ESG news: UBS ties pay for top execs to ESG, publishes climate action plan; S&P Global issues inaugural sustainability-linked bond tied to value chain goals; SBTi removes commitments from fossil fuel companies; Moody’s updates its ESG assessment methodology; Santander acquires ESG consultancy WayCarbon; Chile launches first-ever sovereign sustainability linked bond; Starbucks tests 100% reusable cup store; Investors launch campaign targeting fossil fuel financing at Credit Suisse; Target launches label identifying sustainable products & packaging; ESG Book launches on Google Cloud; investor focus shifting to ESG accountability, 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

Target to Help Customers Identify Products with Sustainable Packaging

Siemens Launches $100 Million Program to Fund SME Decarbonization

UBS Ties Compensation of Top Execs to Sustainability Performance

Google Targets $2.5 Billion in Spend with Diverse-Owned Suppliers in 2022

NYSE Launches Advisory Council of Senior Sustainability Officers from Listed Companies

Diageo to Build $245 Million Carbon Neutral Distillery in Canada

Schlumberger Launches Business Dedicated to Help Energy Companies Eliminate Methane Emissions

Science Based Targets Initiative Removes Fossil Fuel Companies’ Commitments and Validated Targets

Starbucks Tests 100% Reusable Cup Store

Unilever Commits to Disclose Food Health and Nutrition Performance Following Shareholder Campaign

ESG Reporting & Disclosure

CGI, Persefoni Partner to Deliver Carbon Accounting Platform

ESG Services and Tools

Moody’s to Update its ESG Assessment Methodology

Santander Acquires ESG Consultancy & Carbon Markets Company WayCarbon

Free ESG Data Source ESG Book Launches on Google Cloud

FourKites Launches Supply Chain Emissions Tracking & Reduction Tools

RepTrak Acquires ESG Data Provider ESG Analytics

Government & Regulators

Chile Issues the First-Ever Sovereign Sustainability Linked Bond

ESG Investing

GAM Launches Low Carbon, Energy Transition-Focused Infrastructure Investment Strategy

Climate Action 100+ Calls for Massive Scale-up of Sustainable Aviation Fuel, Slower Air Travel Growth

Sustainable Infrastructure Investor Actis Announces Net Zero Portfolio Target

Qontigo, MUFG Launch Index Targeting Lowest Carbon Risk Companies in Japan

ESG Today Interview: auctusESG’s Namita Vikas on ESG Investment Opportunities & Challenges

CDP Releases List of Top Rated Funds for Environmental Performance

Sustainable Finance

Iberdrola Successfully Completes €1 Billion Green Bond Issue Despite European Debt Market Turmoil

TD Outlines its Climate Action Plan, Unveils Scope 3 Financed Emissions Targets for Energy, Power Sectors

Institutional Investors Launch Campaign Targeting Credit Suisse’s Fossil Fuel Finance Exposure

S&P Global Launches $1.25 Billion Bond With Interest Tied to Scope 3 Emissions & Supply Chain Diversity Goals

DBS Launches Board Committee with Oversight on Sustainability Agenda

Energy Transition

Maersk Sources Over 700,000 Tonnes of Green Methanol to Drive Sustainable Shipping Goals

Macquarie, BCI & MEAG Acquire Reden Solar for €2.5 Billion

Santander, Enel Launch Clean Energy Solutions and Sustainable Finance Collaboration

Ares Leads Up to $600 Million Investment in Softbank’s Climate Infrastructure Platform SB Energy

Reports, Studies & Surveys

Investors Focus Shifting to ESG Accountability, Real-World Impact in 2022 Proxy Season: Nuveen