This week in ESG news: SEC investigates Goldman Sachs over ESG funds; BlackRock launches energy transition megatrend strategy; United Airlines purchases fuel made from captured CO2; Supply chain sustainability ratings platform EcoVadis raises $500 million; study finds less than 10% of climate funds are aligned with net zero goals; bp, TotalEnergies announce multi-billion clean energy investments; Unilever invests in sustainable alternative to palm oil & fossil fuels; BlackRock opens up proxy voting to index investors; Banking regulator recommends tying pay to climate risk management; new study compares emerging climate disclosure standards; Sony and Honda launch a new EV company; EU lawmakers vote to keep nuclear and gas out of EU Taxonomy, 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

Unilever, Genomatica, Invest $120 Million to Develop Sustainable Palm Oil & Fossil Fuel Alternatives

United Airlines to Purchase 300 Million Gallons of Sustainable Aviation Fuel Produced from CO2

UN’s Race to Zero Campaign Toughens Criteria for Company and Financial Institution Net Zero Plans

BrewDog Unveils £12 Million Green Energy Plant Using Brewing Waste to Power Beer Production & Delivery

Emerson Pledges to Reach Net Zero Value Chain Emissions by 2045

Holcim Invests in Technology Provider to Develop Building Materials from Captured Carbon

Power Giant NextEra Pledges to Eliminate Emissions by 2045 Without Offsets

Ørsted Targets 400,000 Tonnes of Carbon Capture & Storage by 2025

Aramark Commits to Cut Carbon Footprint of the Food it Serves

Government & Regulators

SEC Investigating Goldman Sachs over ESG Funds

Global Banking Supervisor Tells Banks to Consider Linking Compensation to Climate Risk Management

EU Lawmakers Vote to Keep Nuclear and Gas out of Green Investment Taxonomy

ESG Reporting & Disclosure

Study Reveals Convergence, Remaining Differences Among Emerging Climate Disclosure Frameworks

ESG Services and Tools

Value Chain-Focused Sustainability Ratings Provider EcoVadis Raises $500 Million

Guest Post: Improving Your Brand Image and Reputation Through ESG Programmes

Persefoni Launches Carbon Modeling and Management Solutions for Companies and Investors

ISS ESG Launches Tool for Investors to Assess Modern Slavery Risk in Portfolios

MetaVerse Green Exchange Launches Card Enabling Companies to Offset Travel Emissions

ESG Investing

BlackRock Launching Energy Transition Megatrend-Focused Infrastructure Strategy

Sustainable Investment Group IIGCC Releases Net Zero Alignment Guidance for Infrastructure Investors

BlackRock Opens up Proxy Voting to Index Clients

Luxembourg Awards Schroders with Climate-Focused Blended Finance Impact Investing Mandate

Franklin Templeton Adds China ETF to Suite of Paris-Aligned Climate Funds

Less Than 10% of Climate Funds are Aligned with Global Decarbonization Goals: S&P

Sustainable Finance

UN-Backed Net Zero Finance Group Unveils Framework to put Finance Industry’s Climate Commitments into Action

Private Equity

Climate Tech Startup C-Zero Raises $34 Million to Pilot Zero Emissions Hydrogen Plant

Social Impact Management Platform Submittable Raises $47 Million, Led by Accel-KKR

Sky Backs New £100 Million Climate Tech Startup Fund

LGT Capital Raises over $500 Million for its Inaugural Impact Fund

Energy Transition

TotalEnergies, Adani to Invest $50 Billion in World’s Largest Green Hydrogen Ecosystem

Petronas Launches Clean Energy Company, Targets Over 30 GW Renewables Capacity

bp Takes Largest Stake in Massive Green Hydrogen & Renewables Project in Australia

Sony and Honda Join Forces to Launch New EV Company, Targets Sales by 2025

Macquarie’s GIG, Bluestone Energy to Develop up to 2GW of Battery Storage Projects

Investor Group Commits $650 Million to Finance World’s Largest Green Hydrogen Platform

Exec Appointments

Partners Capital Appoints Michael Viehs as Global Head of Sustainable Investing

Greystar Appoints Cope Willis as Managing Director of Sustainability