This week in ESG news: Investor engagement on sustainability issues picks up with SSGA focusing on climate and diversity, and ShareAction targeting HSBC on fossil fuel financing; ESG ETFs claim more than half of 2020 ETF flows; Biodiversity coming into focus as a key area for ESG action; a plethora of new ESG services and tools for investors; BlackRock to enhance Aladdin’s sustainability reporting and analytics capabilities with new investment; largest-ever US offshore wind award goes to Equinor; 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

Investors, Companies Join HRH The Prince of Wales’ Terra Carta Sustainable Business Charter

Pepsi Strengthens Climate Commitments, Pulls Ahead Net Zero Goal to 2040

United Natural Foods Unveils Sustainability Goals Covering Climate, Waste Reduction and Food Access

Sustainable Finance

EIB Issues €1.5 Billion Sustainability Awareness Bond, Adding Biodiversity Protection to Scope

Southern Company Launches Sustainable Financing Framework, Issues $400 Million Green Bond

Reporting and Disclosure

DWS calls for Global Sustainability Reporting Standards Under IFRS, Emphasizes Double Materiality

Government, Regulators and Politics

OSFI Launches Consultation on Climate Risks in Financial Sector

UK Commits £3 Billion to Protecting and Restoring Nature and Biodiversity


ESG ETFs Claim More than Half of All European ETF Inflows in 2020: Lyxor

Energy Transition

Equinor, bp, to Provide Renewable Energy to NY State in Largest-ever US Offshore Wind Award

Excelsior Energy Capital Announces Final Close of Inaugural Renewable Energy Fund

ESG Services and Tools

BlackRock Invests in Clarity AI, Will Integrate Sustainability Analytics & Reporting Capabilities in Aladdin

ISS ESG Enhances Climate Physical Risk and Scenario Analyses in Climate Impact Reporting Solution

Edison Looks to Democratize ESG Insights for Investors with Launch of New ESG Reports

dv01 Acquires Pragmic Technologies, to Provide ESG Ratings for Structured Products

Verdantix Launches Expanded ESG and Sustainability Research Practice

IQ-EQ Launches ESG Compliance and Reporting Service Offering

Investor Engagement

SSGA Outlines 2021 Stewardship Priorities, Will Focus Engagement on Climate and Diversity

ShareAction-Led Investor Group Targets HSBC for Action on Fossil Fuel Financing

Investment Managers, Pension Funds Form Initiative to Embed Stewardship into Investment Process

Funds and Investors

EIB and ADB Form Partnership on Sustainable Ocean, Blue Economy Initiatives

CFA Institute Publishes Updated Policy Position on ESG Integration

Bloomberg and Rockefeller AM Launch Index Ranking Companies on ESG Improvement

Exec Appointments

Singapore Exchange Appoints Herry Cho as Head of Sustainability and Sustainable Finance

Sustainability Education Platform Earth Academy Appoints Stefaan van Hooydonk as Dean