This week in ESG news: H&M removes sustainability labels from products after investigation by regulator; Patagonia owner donates company to fight climate change; Singapore launched ESG disclosure platform; McKinsey & Microsoft partner on decarbonization offering; BCG acquires sustainability consultancy Quantis; Capgemini commits to reduce emissions in value chain by 90%; capital raises for carbon market tech, EV charging, climate tech fund; S&P launches climate physical risk scores; State Street appoints Head of ESG; launch of largest-ever U.S. direct air capture project; IKEA enters US residential solar market, 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

“Going Purpose:” Patagonia Owner Donates Entire Company to Fight Climate Change

Truck Builder Scania Sets 2030 Goal to Decarbonize Supply Chain

Capgemini Sets Goal to Reduce Emissions Across Value Chain by 90%

PepsiCo, ADM Team up to Slash Agriculture Carbon Emissions

Volvo, Rio Tinto Announce Low Carbon Materials and Decarbonization-Focused Partnership

United Airlines Signs Agreement for up to 400 Electric “Air Taxi” Aircraft from Embraer-Backed Eve

CarbonCapture to Build the First Megaton-Scale Direct Air Capture Project in U.S. Following Passage of Climate Law

Government & Regulators

H&M to Remove Sustainability Labels from Products Following Investigation by Regulator

EU Lawmakers Vote for Tougher Rules to Ensure Deforestation-Free Products

ESG Reporting & Disclosure

Guest Post: When Investment-Grade ESG Data is not Enough

Assent Launches Supply Chain Sustainability Reporting Solution for Complex Manufacturers

Guest Post: Connecting the “D” to the ESG

Singapore’s MAS and SGX Launch ESG Disclosure Platform

ESG Services and Tools

S&P Launches Physical Climate Risk and Exposure Scores

BCG Acquires Sustainability Transformation Consultancy Quantis

ESG Software Company Sphera Acquires Supply Chain Risk Management Solutions Provider riskmethods

McKinsey, Microsoft Partner on End-to-End Decarbonization Solution

ESG Investing

DWS Expands Paris Agreement-Aligned ETF Suite

JPMorgan Builds Out Suite of Sustainable Thematic Active ETFs

Sustainable Finance

Nordea Issues First-of-its-Kind Bond to Fund Climate-Focused Sustainability-Linked Loans

Anglo American Ties Interest on $745 Million Bond to Climate, Water & Job Creation Goals

DBS Sets Decarbonization Targets for Lending Book in Key Emissions Intensive Sectors

Union Pacific Issues $600 Million Green Bond to Fund Decarbonization Investments

Private Equity & Venture Capital

Climate Tech Startup Patch Raises $55 Million to Scale Carbon Markets Business

Energy Impact Partners Raises €390 Million for European Climate Tech Fund

Mirova Opens up Private Equity Impact Fund to Retail Investors

EV Charging Startup TeraWatt Raises Over $1 Billion

Energy Transition

Goldman Sachs, Cleanhill Back Energy Storage Tech Player EPC Power as Climate Law Sets the Stage for Growth

BlackRock Acquires New Zealand “Solar-as-a-Service” Provider solarZero

Lufthansa, OMV Sign Deal for 800,000 Tons of Sustainable Aviation Fuel

IKEA Enters Residential Solar Market in California

XL Fleet Launches New Corporate Strategy with $600 Million Acquisition of Residential Solar Company Spruce Power

Exec Moves

State Street Appoints Amani Boros as Head of ESG