June 2023 Week-1; Plug Power plans $6 billion hydrogen projects; Toyota to invest $2 billion in EV battery plant; Grupo Bimbo raises $850 million in sustainability-linked bond deal; World Bank approves $400 million for Dominican Republic affordable energy; Germany and Denmark sign offshore wind power cooperation; Walmart switches to new sustainable packaging; Accenture announces intent to acquire Green Domus to expand sustainability services…

See below for the highlights of the past week:

Sustainability Goals, Initiatives and Achievements

• Accenture Announces Intent to Acquire Green Domus to Expand Sustainability Services Capabilities
• Fujitsu and Microsoft Announce Global Partnership to Enable “Sustainability Transformation”
• Watershed and KPMG Partnership Takes Aim at Advancing the Global Climate Agenda
• PPG Sets 2030 Decarbonization Targets, Reports 2022 Sustainability Progress
• Walmart Doubles Down on Reducing Waste by Switching to New Sustainable Packaging
• ExxonMobil Signs Carbon Capture Agreement with Nucor Corporation
• DHL Launches its First Truck Fleet Powered by Biofuel to Reduce Carbon Footprint for Formula 1

Executive Moves

• S&P Global Sustainable1 Appoints Chris Heusler as President and Dr. Richard Mattison as Vice Chair

ESG Around the World

• Plug Power Plans $6 Billion Hydrogen Projects in Finland
• Singapore’s Energy Market Authority and IEA to Enhance Capabilities in Regional Power Grids
• World Bank Approves $400 Million to Increase Dominican Republic Green and Affordable Energy
• World Bank Approves $50 Million for Air Quality Improvements in Bosnia and Herzegovina
• Germany, Denmark Sign Offshore Wind Power Cooperation Deal
• Iberdrola and Norges Bank Investment Management to Develop 1,265 MW of Renewables in Spain

Government & Regulators

• EU Parliament to Push Companies to Mitigate Their Negative Social and Environmental Impact

ESG Services & Tools

• Microsoft and Accenture Welcome Project Amplify’s Third Cohort of Social Impact Startups

ESG Investing

• CleanJoule Announces $50 Million Investment by International Consortium to Accelerate SAF Production
• NexWafe Secures €30 Million to Break Ground on First Commercial-Scale Green Solar Wafer Plant
• IFC Invests $20 Million in Boston Metal to Support Commercialization of Zero-Carbon Steel Production
• Toyota To Invest $2 Billion in U.S. EV Battery Plant To Drive Toward Carbon Neutrality
• H&M Group to Invest in Kintra Fibers to Enable a More Circular Fashion Future

Sustainable Finance

• Grupo Bimbo Raises $850 Million in Mexico’s Largest Ever Sustainability-Linked Bond Deal

Energy Transition

• Brightmark, Chevron Partnership Expands to Michigan with Second Largest Renewable Natural Gas Project to Date

Social Responsibility & DEI

• PepsiCo Releases 2022 Global DE&I Report: Gender Parity in Management Rises to 44%

ESG Research & Reporting

• US Foods Releases 2022 Corporate Social Responsibility Report
• Center for Sustainability of Credit Suisse Publishes Study on Plastic Pollution

ESG Events

ESG News Editorial Team

The ESG News Editorial Team is comprised of veteran financial journalists and sustainability analysts dedicated to providing real-time, objective reporting on global ESG regulations, climate finance, and corporate governance. Our desk monitors daily developments from the SEC, IFRS, CSRD and international regulatory bodies to ensure our 1M+ readers receive accurate, data-driven insights into the evolving sustainable investment landscape. Follow the ESG News Editorial Team for expert reporting on global sustainability standards, ESG disclosures, and climate policy. Access over 10,000 investigative reports and real-time updates.