ESG Today: Week in Review
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
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
