ESG Today: Week in Review
This week in ESG news: Surprise deal in US Senate opens door for $370 billion for climate action; Singapore tackles greenwashing with new ESG fund disclosure rules; Sprite goes green by ditching green bottles; Accenture invests in ESG measurement platform PulsESG; Australia to enshrine climate commitments into law; sustainable bonds grab record share of global bond volumes; Unilever launches sustainable laundry capsule; Mastercard appoints Chief Sustainability Officer; BlackRock supports fewer ESG shareholder resolutions; capital raises for green agTech, sustainable HVAC, rooftop solar & clean energy solutions; Amundi launches ESG Improvers fund for emerging markets; bp, Iberdrola partner on green hydrogen & fast EV charging, 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
Sprite Ends Use of Green Bottles to Boost Green Packaging
Unilever Launches Sustainable Laundry Capsule with Reduced Carbon, Plastic Footprint
Sobeys Parent Empire Commits to Net Zero Goals
Fitch Group to Increase Representation of Women, Minorities Under New DEI Strategy
AllianceBernstein Commits to Net Zero Investments and Operations
Nestlé Opens $340 Million Green Electricity-Powered, Zero Wastewater Coffee Factory in Mexico
Government & Regulators
Last Minute US Senate Deal Set to Unlock $370 Billion for Climate Action
Australia Moves to Enshrine Climate Targets into Law
ECB, ESRB Report Finds Climate Shocks Can Spread Quickly Across Banks, Companies, Financial System
ESG Reporting & Disclosure
Singapore Unveils Disclosure Rules for ESG Funds to Reduce Greenwashing Risk
ESG Services and Tools
Guest Post: Combatting Greenwashing
Accenture Invests in ESG Measurement Platform PulsESG
Allfunds Acquires ESG Investment Services and Analytics Provider Mainstreet Partners
GRESB Launches SFDR Reporting Solution for Real Estate Managers
Google, Singapore’s MAS Launch Climate Fintech Incubator Program
JLL Acquires Building Sustainability Tech Provider Envio
ESG Investing
BlackRock Casts Fewer Votes Against Companies on Climate, Environment & Social Issues
Amundi Expands “ESG Improvers” Investment Range with New Emerging Markets Fund
Schroders Launches Natural Capital Impact Investment Manager with Conservation International
Sustainable Finance
Sustainable Bond Volumes Outperform Broader Market to Reach Record Share: Moody’s
Private Equity & Venture Capital
Bill Gates’ Breakthrough Energy Backs Sustainable HVAC Startup Blue Frontier
Blackstone Invests in Rooftop Solar Solutions Provider Esdec
Clean Energy Investor Octopus Raises $550 Million to Fuel Global Expansion
AgTech Startup Arable Raises $40 Million to Scale Sustainable Agriculture Solutions
Energy Transition
BP, Iberdrola Join Forces on EV Charging, Green Hydrogen
Air Products Ramps Clean Energy Investment Commitment to $15 Billion
Exec Moves
Thoma Bravo Appoints Donna Riley Bebb as First Head of ESG
Mastercard Appoints Ellen Jackowski as Chief Sustainability Officer