February 2023 Week-2; Linde to invest $1.8 billion for clean hydrogen; MSCI launches tool for to analyze sustainability strategies; UK to launch Department for Energy Security and Net Zero; BofA to offer financing for residential EV chargers; CDP data shows less than 1 in 200 companies have credible climate plans; Goldman to European biomethane investment platform; BMW could reach 50% EV sales before 2030 goal; Acre appoints Gloria Mirrione as Head of Sustainable Finance & Impact Investing; Carbon markets value hit $909 billion last year; EU Commission approves €1.36 billion for Greece indirect emission costs…
See below for the highlights of the past week:
Sustainability Goals, Initiatives and Achievements
- BMW Says it Could Reach 50% EV Sales Earlier than 2030 Goal
- Carrier Strengthens Climate Goals with Net Zero Target and Expanded Decarbonization Investments
- EverWind Gets Approval for First Industrial-Scale Green Hydrogen Facility in North America
- Mitsubishi, Lotte, and RWE Form Alliance to Study Clean Ammonia in Texas Project
- The Home Depot & DSD to Install 13 MW of Solar Power Across California Store Locations
- Wendy’s Strengthens Commitment to Climate Action, Targeting Ambitious Emissions Cuts
Executive Moves
- Acre Appoints Gloria Mirrione as Head of Sustainable Finance & Impact Investing in U.S.
- Altus Power Announces the Appointment of Sophia Lee as Chief Sustainability Officer
- American Water Announces Lori Sutton as Chief Inclusion, Diversity and Equity Officer
ESG Around the World
- EU Commission Approves €1.36 Billion to Compensate Companies in Greece for Indirect Emission Costs
- UK to Launch Department for Energy Security and Net Zero
- Reserve Bank of India to Issue Guidelines to Boost Green Finance, Mitigate Climate Risks
- EIB Backs Green Hydrogen Deployment and Joins India Hydrogen Alliance
- World Bank and Ethiopia Sign $40 Million Agreement to Cut Carbon Emissions Through Sustainable Landscape Management
- Ireland and Austria Join Africa Climate Change Fund as Donors with an Initial €3 Million Contribution
- Nepal and the World Bank Launch $100 Million Water Sector Governance and Infrastructure Support Project
- EIB Invests $40 Million Across India and South Asia for Climate Action and Environmental Impact Fund
Government & Regulators
ESG Services & Tools
ESG Investing
- Linde to Invest $1.8 Billion to Supply Clean Hydrogen to OCI’s Texas Plant
- Goldman Sachs to Launch Verdalia Bioenergy to Invest Over €1 Billion in European Biomethane Sector
- Global Carbon Markets Value Hit Record $909 Billion Last Year
- Pluglink Signs $11.9 Million EV Charger Assets Investment Agreement with KDB KIAMCO
Sustainable Finance
- World Bank Issues $50 Million Sustainable Development Bond
- Nokia Launches Sustainable Finance Framework
- BBVA Participates in Carbonplace’s $45 Million Financing Round
- Bank of America to Offer Financing for Residential Electric Vehicle Chargers
- Comcast Issues $1 Billion Green Bond to Fund Clean Energy, Infrastructure Projects
- BBVA Closes €40 Million Sustainable Financing with Matrix Renewables for Construction of Two Solar Plants
- Dubai Islamic Bank to Raise $1 Billion with Sustainable Sukuk
Energy Transition
- GE Digital Announces Software to Orchestrate the Clean Energy Grid and Accelerate the Energy Transition
- SunOpta Opens New $125 Million Plant-Based Beverage Manufacturing Facility in Texas
Social Responsibility & DEI
ESG Reporting
- CDP Data Shows Less Than One in 200 Companies Have Credible Climate Plans
- Pinterest Releases Inaugural ESG Impact Report