This week in ESG news: Stanford launches sustainability & climate school backed by $1.1 billion gift; proposed EU sustainability reporting standards unveiled; KPMG US commits to net zero, diverse supplier spend; Biden allocates over $3 billion to develop battery supply chain; Accenture continues string of sustainability-focused M&A; Moody’s pledges to slash full value chain emissions; Amex’s inaugural $1 billion sustainability bond; HVAC giant Trane commits to nearly eliminate product emissions; EU plans to scale up hydrogen production 10x; understanding the SEC’s climate disclosure proposals, 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

Stanford Establishes Sustainability and Climate School Backed by $1.1 Billion Gift from John & Ann Doerr

Moody’s Pledges to Cut Scope 1, 2 and 3 Emissions by 90% by 2040

Trane to Reduce Emissions from Use of Products by 97%

KPMG US Sets Out ESG Commitments and Strategy

DHL Decarbonizes all LCL Ocean Freight Shipments

Papa John’s Ties Incentive Compensation to ESG Performance

Net Zero Supersonic Aircraft Manufacturer Boom Signs Carbon Capture Agreement with Climeworks

Government & Regulators

Biden Allocates Over $3 Billion to Develop Domestic EV Battery Supply Chain and Production

ESG Reporting & Disclosure

Guest Post: Understanding the SEC’s Proposal on Mandatory Disclosures – Part I

EFRAG Releases Proposed European Sustainability Reporting Standards

ESG Services and Tools

PwC Partners with Blackstone-backed Sphera on ESG Data and Reporting Solutions

Accenture Continues Series of ESG Acquisitions with Purchase of Sustainability Consultancy akzente

Moody’s Analytics, Global Sustain Launch ESG Risk Assessment Course

ESG Playbook, Igneous Solutions Partner to Deliver Net Zero as a Service Solutions

NTT Launches IoT-Based Sustainability Solutions

ESG Investing

AXA IM Unveils “Three Strikes and You’re Out” Engagement Policy to Divest from Climate Laggards

T. Rowe Price Joins Net Zero Asset Managers Initiative

Morgan Stanley IM Launches Suite of ESG Funds

M&G Completes Acquisition of Impact Investor responsAbility

Sustainable Finance

American Express Files for Inaugural $1 Billion Sustainability Bond Issuance

Private Equity

Porsche Leads $400 Million Capital Raise for Battery Tech Startup Group14

Energy Transition

EU Plans 10x Scale-Up in Hydrogen Capacity by 2025

Daimler Buses Pledges to Offer Battery, Hydrogen-Based CO2-Neutral Vehicles in Every Segment by 2030

Exec Appointments

Amundi Announces Series of ESG Investment and Stewardship-Focused Senior Appointments

BDC Hires Sandra Odendahl to Lead ESG Strategy

Mercer Appoints Max Messervy as Head of Sustainable Investment, Americas

Loomis Sayles Appoints Colleen Denzler as Head of ESG