ESG Today: Week in Review
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