ESG News Week In Review: 22 April – 28 April
Welcome back to the ESG News Week In Review!
Dive into the pulse of sustainable finance and responsible investing with our latest edition! This week’s headlines pack a punch as the global ESG landscape witnesses monumental shifts and groundbreaking initiatives:
- Insurance Industry Mobilizes for Climate Action: A new alliance emerges as the insurance sector pledges to transition to net-zero emissions, signaling a vital step in combating climate change.
- EU Parliament Passes Sweeping Due Diligence Law: In a landmark move, the EU Parliament adopts stringent regulations requiring companies to uphold human rights and environmental standards, with significant penalties for non-compliance.
- BlackRock-Temasek Venture Surpasses Decarbonization Fund Target: Decarbonization Partners raises a staggering $1.4 billion for its growth fund, amplifying efforts to finance decarbonization technologies and accelerate the shift towards a sustainable future.
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ESG Around the World
- New Climate Alliance for Insurance Transition to Net Zero Emerges Amid ESG Pressures
- EU Parliament Adopts Human Rights, Environment Due Diligence Law
- BlackRock-Temasek Venture Raise $1.4 Billion for Decarbonization-Focused Growth Fund
- ISSB Initiates Research Projects on Nature and Human Capital Risks and Opportunities
- FCA Issues Anti-Greenwashing Guidance, Proposes Expansion of Sustainability Framework
- Nature Action 100 Unveils Investor Benchmark For Corporate Nature Risk Assessment
Climate & Energy Transition
- UK Government Confirms New Target for 10% of Jet Fuel to be Sustainable by 2030
- Contiki Coaches in Europe Now Powered by Biofuel!
- TotalEnergies and Vanguard Renewables Form Joint Venture for RNG Projects in the U.S
- CO280, Aker Carbon Capture Partner with Microsoft to Enhance Carbon Removal in North America
- RMI, Partners to Launch a Maritime Book and Claim System, advancing efforts in emissions decoupling for ocean transport
- HHS Combats Climate Change with New Programs, Reducing Emissions & Tackling Extreme Heat
Sustainable Finance
- SEB’s Green Bond Report Explores Scaling Up Energy Transition Investments for a Just and Speedy Net-Zero Emission Goal
- AIIB and World Bank Renew Partnership to Boost Infrastructure and Support Sustainable Development Goals
- Scotiabank Raises EUR 1 Billion in First-Ever European Green Bond Issue
- World Bank and African Development Bank Partner to Electrify 300 Million in Africa by 2030
Sustainability Goals, Initiatives and Achievements
- Google Collaborates with Startups on AI Solutions for Sustainability Projects
- Exponential’s New Guide Outlines Seven Steps for Circular Business Transformation
- SUCCA Africa Becomes First African Accelerator in Race to Zero Campaign
- GRESB Secures Majority Investment from General Atlantic’s BeyondNetZero to Boost Global ESG Benchmarking and Sustainable Growth
- ExxonMobil at the Forefront: Fighting Plastic Waste with a Multi-Pronged Approach
ESG Reporting
- Ford Announces Milestone to be Carbon Neutral by 2050: Vehicles, Operations, and Supply Chain
- SEB’s Green Bond Report Explores Scaling Up Energy Transition Investments for a Just and Speedy Net-Zero Emission Goal
- RE Royalties Releases Dark Green Assessed Green Bond Framework and Report
- Royal Caribbean Group Report Details Progress on Decarbonization and Community Impact
Government
- Biden Administration Sets Landmark Power Plant Pollution Rule to clean up US power sector
- UK Government Confirms New Target for 10% of Jet Fuel to be Sustainable by 2030
- HHS Combats Climate Change with New Programs, Reducing Emissions & Tackling Extreme Heat
ESG Investing & Funds
- Hong Kong Exchange Mandates IFRS-based Climate Disclosure Starting 2025
- OPEC Fund Launches Climate Solutions Week to Foster Just, Sustainable Energy Transition
- LGIM Launches Energy Transition Commodities ETF to Support Global Energy Shift
- BlackRock-Temasek Venture Raise $1.4 Billion for Decarbonization-Focused Growth Fund
- Nature Action 100 Unveils Investor Benchmark For Corporate Nature Risk Assessment
Research & Analysis
- New Report Identifies Best Practices of Low-Carbon Leaders from Morningstar Sustainalytics
- Over Half of India’s Top 100 Listed Companies Voluntarily Disclose Scope 3 Emissions Data: PwC Report
- Global Electric Car Sales to Hit 17 Million in 2024, With Strong Adoption Predicted in China, US, and EU by 2030
- World Economic Forum Report Identifies Nine Ways Cities Can Reduce Carbon Emissions in Construction
Technology, ESG Tools & Services
- IEA Launches New Online Tool to Track Progress on COP28 Energy Goals
- RMI, Partners to Launch a Maritime Book and Claim System, advancing efforts in emissions decoupling for ocean transport
- HHS Combats Climate Change with New Programs, Reducing Emissions & Tackling Extreme Heat
Last Weeks Review: ESG News Week In Review: 15 April – 21 April
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.
