This week in ESG news – Ambitious sustainability commitments from an energy major, even as it doubles down on oil & gas; The EU kicks off its massive social bond program with a multibillion euro issue; Utility M&A will create the US’ third largest renewables company; New funds and ETFs, 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

ConocoPhillips Sets Net Zero 2050 Goal While Doubling Down on Oil & Gas with $10B Acquisition

AMP Capital Deploying Energy-Saving AI Solution Across Global Real Estate Portfolio

Sustainable Finance

Morgan Stanley Issues $1 Billion Social Bond Aimed at Supporting Affordable Housing

European Commission Kicks Off EU SURE Program with €17 Billion Social Bond Offering

Energy Transition

Avangrid’s $8 Billion Acquisition of PNM Creates Third-Largest Renewables Operator in US

Total and Google Cloud Bring AI Solutions to Home-Based Solar Energy Deployment

ESG Services and Tools

FactSet Acquiring ESG AI Analytics Provider Truvalue Labs

Moody’s ESG Services Affiliate Vigeo Eiris Rebrands as V.E

Funds and Investors

Capital Dynamics and Sol Systems Receive Commitment to Fund Renewable Energy Projects

State Street Global Advisors Launches New Fixed Income ESG ETFs

Credit Suisse Partners with The Conduit Connect on Impact Investing Platform

Exec Appointments

AGCO Appoints Louisa Parker-Smith as New Director of Global Sustainability

Societe Generale Appoints Yasmine Djeddai as Head of Sustainable Finance for Asia Pacific

AllianceBernstein Deepens ESG Investing Team with 2 New Hires

Reports and Surveys

Ceres Report: Investors Underestimating Exposure of US Banks to Climate Risk