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

Biden Taps Brian Deese, Global Head of Sustainable Investing at BlackRock, to Lead National Economic Council

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

CFA Institute Study: ESG Interest Growing, but Improved Standards Needed; Client Demand a Major ESG Driver