ESG News: Week in Review
Sustainability Goals, Initiatives and Achievements
May 2023 Week-3; Biden-Harris Administration Makes $11 Billion Investment to Advance Clean Energy Across Rural America; Octopus Energy To Invest £1.5 Billion Into Asia-Pacfic Renewables and Energy Tech; Low Carbon Secures £310 Million in Financing for Solar Projects in the UK and the Netherlands; Australia Post Announces $100 Million Sustainability Bond; Boeing Publicly Launches Tool to Support Aviation’s Net Zero Goal…
See below for the highlights of the past week:
Sustainability Goals, Initiatives and Achievements
Executive Moves
- AXA IM Appoints Marie Luchet Head of ESG & Sustainability
- L&G Capital Appoints Julia Goldsworthy as Head of Social Impact Investment
- Chaucer Appoints Simon Tighe to Group Head of ESG
ESG Around the World
- EIB and IFAD Deepen Collaboration to Strengthen Food Security and Climate Adaption
- TotalEnergies Launches in Belgium Its Largest Battery Energy Storage Project in Europe
- France Budgets 500 Million Euros Annually for Green Industry Tax Credit
- Holosolis Launches Europe’s Largest Solar PV Gigafactory to Bolster EU Energy Security
- Repsol to Develop Renewable Energy Projects in Italy Totaling More Than 1,700 MW
- EIB Grants €75 Million to Support Sustainable Heating in Czechia
- Asia-Pacific Countries Adopt 10 UN Resolutions Reaffirming Commitments to Protect the Planet and its People
Government & Regulators
- Biden-Harris Administration Makes $11 Billion Investment to Advance Clean Energy Across Rural America
- EPA and Peace Corps Team to Advance Environmental Protection Around the World
- Biden-Harris Administration Invests $251 Million to Expand Infrastructure to Support CO2 Transport and Storage
- U.S. DOE Invests $51 Million in America’s Electric Vehicle Charging Network
ESG Services & Tools
- Schroders Launches Option for Clients to Offset Carbon Emissions
- Diligent Showcase Launches to Connect Customers with Services to Enhance Their GRC and ESG Programs
- Boeing Publicly Launches Tool to Support Aviation’s Net Zero Goal
ESG Investing
- Morgan Stanley Raises $500 Million for First Close of 1GT Climate Private Equity Strategy
- Octopus Energy To Invest £1.5 Billion Into Asia-Pacfic Renewables and Energy Tech
- TDK Ventures Launches $150 Million Fund to Invest in Energy and Climate Tech Startups
- Chinese EV Maker Nio Invests in Nuclear Fusion Startup
Sustainable Finance
- EIB Group and Santander To Mobilize €162 Million in Financing to Increase Energy Efficiency of Buildings
- Low Carbon Secures £310 Million in Financing for Solar Projects in the UK and the Netherlands
- Australia Post Announces $100 Million Sustainability Bond
Energy Transition
Social Responsibility & DEI
ESG Reporting
- Clarity AI: Only 4% of “Sustainable” Investment Funds Would Automatically Comply with Requirements of US, UK and EU Regulatory Investment Fund Label and Naming Rules
- Clarity AI: 44% of Professional Investors Are Now Using Sustainability Analytic Capabilities or Data from Multiple Service Providers
