June 2023 Week-3; BlackRock launches climate-focused ETFs anchored by $3 billion investment; Iberdrola signs €1 billion green loan with EIB; Rio Tinto to Invest $1 billion in low-carbon aluminium smelter; Apple’s Racial Equity and Justice Initiative surpasses $200 million in investments; BlackRock launches Brown to Green Materials Fund; Rolls-Royce powers sustainable aviation with Ansys and Intel

See below for the highlights of the past week:

Sustainability Goals, Initiatives and Achievements

• Iberdrola and Trammo Sign Largest EU Agreement for the Export of Green Ammonia
• China Baowu and Rio Tinto Extend Climate Partnership to Decarbonize the Steel Value Chain
• DHL Global Forwarding Partners with IAG Cargo to Enable Sustainable Aviation Fuel
• Rolls-Royce Rapidly Powers Sustainable Aviation with Ansys and Intel Technologies

Executive Moves

• LOIM Appoints Dr. Marc Palahi as Chief Nature Officer

ESG Around the World

• Iberdrola Signs €1 Billion Loan With EIB To Accelerate Energy Transition in Europe
• Ford Opens its First Carbon Neutral Assembly Plant in Germany
• Eni Signs MoU for New Initiatives Related to the Energy Transition in Libya
• Norway to Mandate Solar Power for New Government Buildings from 2024
• Zambia Receives $100 Million Boost for Green, Resilient, and Transformational Tourism Development
• World Bank Approves $549 Million for Increasing Use of Renewable Energy in Public Buildings in Türkiye
• EU and Chile to Develop Lithium and Green Hydrogen Projects
• LEAG and ESS to Develop Clean Energy Hub for Germany

Government & Regulators

• Biden-Harris Admin Announces $13.5 Million Investment to Equitably Grow Solar Energy Workforce
• Canada Presents Sustainable Jobs Bill for Green Transition
• U.S. Interior Department Proposes Rule to Bolster Solar and Wind Development on Public Lands
• Environment Committee Proposes New EU Rules to Make Sustainable Products the Norm
• Biden-Harris Administration Announces $135 Million to Reduce Emissions Across America’s Industrial Sector

ESG Services & Tools

• J.P. Morgan Launches Sustainable Investment Data Solutions for Institutional Investors

ESG Investing

• BBVA Invests $20 Million in Just Climate’s Decarbonization Fund
• Rio Tinto To Invest $1.1 Billion in Low-carbon Aluminium Smelter in Quebec
• Bill Gates-backed Solar Company CubicPV Raises $103 Million for US Wafer Factory
• BlackRock Launches Brown to Green Materials Fund Targeting Greening of Materials Sector
• BlackRock Launches New Climate-Focused ETFs Anchored by $3 Billion Investment from Ilmarinen
• BBVA Commits €600 Million to Drive Decarbonization
• Gerdau to Invest $667 Million in Sustainable Mining Platform

Sustainable Finance

• JSW Cement Signs Sustainability Linked Loan Agreement of $50 Million with BNP Paribas
• IFC Subscribes to Krungsri’s $400 Million Green and Blue Bond to Support Thailand’s Climate Goals

Energy Transition

• Maersk Secures Green Methanol for Maiden Voyage of the World’s First Methanol-Enabled Container Vessel
• Maersk Purchases 25 Volvo E-Trucks for Climate-friendly Container Transports in Germany
• CVS Health Enters Agreement With Constellation to Purchase Renewable Energy

Social Responsibility & DEI

• Apple’s Racial Equity and Justice Initiative Surpasses $200 Million in Investments, Doubling Initial 2020 Commitment
• Bank of America Surpasses $500 Million in Equity Investments to Support Minority and Women Entrepreneurs
• The NFL Borrows $78 Million From Minority-Owned Banks, Strengthening Support for Diverse Business Owners
• Accenture Invests in Diversity and Inclusion Learning Platform Praxis Labs

ESG Research & Reporting

• UnitedHealth Group’s 2022 Sustainability Report Highlights Efforts To Diversify the Health Workforce, Minimize Its Environmental Footprint
• McKinsey & Company Publishes 2022 ESG Report
• Boeing Releases 2023 Sustainability Report
• GE Survey Shows Broad Aviation Industry Alignment on Sustainability, Need for Accelerated Support to Meet 2050 Net Zero Goal

ESG Events

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