ESG Today: Week in Review
This week in ESG news: Biden taps BlackRock’s head of sustainable investing to lead NEC; UK aims to cut emissions at fastest rate among major economies with new climate target; S&P/IHS Markit merger to create ESG data powerhouse; Eni acquires stake in world’s largest offshore wind project; Nasdaq looks to add diversity criteria to listing requirements; KPMG survey highlights areas for improvement in sustainability reporting; new climate risk measurement tool from BlackRock; new ESG investment funds from ASI; investors report planning to double ESG allocations over next 5 years in new survey, 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
Nestlé Unveils Detailed Plans to Combat Climate Change
The Climate Group Launches Initiative to Promote Net Zero Steel
Carrier Announces First ESG Goals Since Launching as Independent Company
Government, Regulators and Politics
UK Launches Interim Climate Goals, Aims to Cut Emissions at ‘Fastest Rate’ of any Major Economy
Sustainable Finance
LuxSE and Solactive Launch New Green Bond Impact Index
Reporting and Disclosure
KPMG Survey: Sustainability Reporting Gaining Traction, Room for Improvement in Biodiversity, SDGs
Markets
Nasdaq Looks to Add Board Diversity and Disclosure Criteria to Listing Requirements
HKEX Launches STAGE Sustainable & Green Exchange
Energy Transition
Eni Acquires Stake in World’s Largest Offshore Wind Project From Equinor, SSE Renewables
Enel and Eni Partner on Green Hydrogen Projects
ESG Services and Tools
BlackRock Launches Solution for Financials and Investors to Quantify Climate Risk in Portfolios
RepRisk to Provide ESG Data on AWS Data Exchange
Funds and Investors
Aberdeen Standard Investments Adds Suite of ESG Funds to MyFolio Offerings
Phoenix Group Sets Net Zero Goals for Operations and Investment Portfolio
SSGA Joins Climate Action 100+ Initiative Targeting Highest GHG Emitters
M&A
Merger of S&P Global and IHS Markit Creates ESG Data Powerhouse
Mackenzie Investments Acquires Environmental Thematic Investing Firm Greenchip Financial
Exec Appointments
Barings Creates New Role of Chief Diversity, Equity and Inclusion Officer
IASE Appoints Carmen-Daniela Micu as New Global Chair
Reports, Studies, Surveys
BlackRock Survey: Investors Plan on Doubling Sustainable Investing Allocations in Next 5 Years
Ping An Study Finds Big Growth Capital Flows to ESG Investment Products in China
