This week in ESG news: H&M, Lululemon back fashion supply chain decarbonization fund; Salesforce commits to advocate for ocean sustainability; BlackRock builds out sustainable investing team; BNP Paribas launches tool to assess SDG revenue alignment; Singapore to kick off $25 billion green bond program; Temasek launches decarbonization-focused investment platform; Biden moves to support domestic clean energy industry; Canada launches carbon credit system; EU sets diversity requirements for corporate boards; BlackRock, Nestle back circular economy buyout fund; P&G pledges to be water positive; Accenture report finds tech integration holding back ESG progress, 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

P&G Unveils Water Positive Goals for Products and Manufacturing Sites

H&M, Lululemon Back $250 Million Fund to Decarbonize Fashion Supply Chain

Walmart, P&G, Eastman Back New PET Recycling Initiative

Canada Post Commits $1 Billion to Tackle Vehicle Fleet Emissions

PG&E Commits to go ‘Beyond Net Zero,’ Remove More GHGs than it Emits

UnitedHealth Commits $100 Million to Develop Racially, Ethnically Diverse Health Workforce

Salesforce Adds Ocean Protection to Policy Priorities

Rio Tinto, Salzgitter Launch Green Steel Partnership

Teck Commits to Become ‘Nature Positive’ by 2030

Government & Regulators

Biden Moves to Scale U.S. Solar Capacity, Secure Near-Term Production

Canada Launches Emissions Offset Program to Spur Investment in GHG Reduction Projects

EU Lawmakers Set Board Diversity Requirements

ESG Reporting & Disclosure

IFRS Builds Out International Sustainability Standards Board with New Appointees

ESG Services and Tools

BNP Paribas Launches Solution to Measure SDG Revenue Alignment of Companies

Guest Post: Riding the ESG Debt Wave and What it Means for Investors

Technology Integration a Missing Ingredient to Meeting ESG Ambitions: Accenture

Interview: Dydon AI CEO Dr. Hans-Peter Güllich on Digitalising the EU Taxonomy

WTW Launches TCFD Reporting in Climate Diagnostic Tool

Climate Impact X, Puro.earth Team up to Provide Net Zero-Aligned Carbon Credit Solution

ESG Investing

Temasek Commits Billions to Launch Decarbonization Solutions Investment Platform

High Yield Fund from Neuberger Berman, UBS Will Engage with 100% of Issuers on SDGs

Putnam Launches Suite of ESG Fixed Income and Equity Strategies

Sustainable Finance

Singapore Prepares to Kick Off Inaugural $25 Billion Green Bond Program

Societe Generale Unveils Short Term Sustainable Finance Solutions for Corporate Clients

KLA Ties Debt Costs on $1.5 Billion Facility to Emissions, Renewable Energy Progress

Private Equity

Closed Loop Partners Raises Over $200 Million for Circular Economy Buyout Fund Backed by BlackRock, Nestlé

True Green Capital Management Raises Over $650 Million for Renewable Energy Infrastructure Fund

Grey Rock Invests $150 Million in Carbon Capture Developer Vault

Zero Carbon Building Materials Startup Prometheus Raises $8 Million

Energy Transition

Crédit Agricole, EIP Acquire €900 Million Stake in Repsol’s Renewables Business

TotalEnergies Provides 100% Renewable Fuel to Power all 24 Hours of Le Mans Race Cars

Exec Appointments

BlackRock Builds out EMEA Sustainable Investing Team

Mercer Hires Tamara Larsen as US ESG Investments Practice Leader

SIX Appoints Martina Macpherson as Head of ESG Product Management

Blackstone’s ESG Software Company Sphera Appoints David Batchelor as Chairman

Climate Investor Pollination Expands into Asia, Announces Senior Hires

Amundi’s CPR Asset Management Names Vanessa Cottet Head of ESG

Macquarie Asset Management Appoints Kristina Kloberdanz as Chief Sustainability Officer