ESG News Week In Review: : 09 November – 16 November
In this week’s ESG News Week In Review, the global sustainability landscape entered a phase of recalibration — not retreat — as governments, markets, and corporates aligned around a more pragmatic, technology-driven transition.
Across policy, the EU moved to scale back elements of its sustainability reporting and due diligence regime while simultaneously backing a 90% emissions-cut target for 2040 and securing airline pledges to end misleading environmental claims. China’s emissions held steady for the 18th consecutive month, Singapore launched its Article 6.2 protocol with Verra and Gold Standard, and the UK and EU took steps toward linking carbon markets and unified agri-food rules. Hong Kong issued a $1.2 billion digital green bond package, signaling continued financial innovation even as regulations evolve.
Carbon markets accelerated as Verra’s VCS program gained full CORSIA Phase II eligibility, Samsung entered the carbon capture sector, Singapore appointed new carbon-rating agencies, and Carbon Direct acquired Pachama to expand global MRV capabilities.
In the energy transition, Ørsted became the world’s first energy major to complete a full green transformation, while Google expanded clean-energy procurement with major solar deals. COP30 opened with adaptation, industrial decarbonization, and large-scale finance commitments at the center, underscoring Brazil’s position as a rising climate power.
On the finance front, AIIB approved a $1 billion climate loan for Brazil, the OPEC Fund committed $1 billion to Azerbaijan, and Meta continued its massive U.S. data-center expansion with new billion-dollar investments designed to power AI growth sustainably.
Across nature, technology, and industry, new alliances — from regenerative agriculture and super-pollutant elimination to AI-driven farm resilience — signaled a week where the transition advanced not through rhetoric, but through systems-level redesign.
GOVERNMENT, POLICY & REGULATION
- EU Moves to Scale Back Sustainability Reporting and Due Diligence Rules for Large Corporations
- EU Eases Green Rules, Redefining the Future of Farm Subsidies
- China’s Carbon Emissions Hold Steady for 18 Months Amid Energy Transition Shift
- EU Backs 90 Percent Emissions Cut by 2040 with Limited Use of Carbon Credits
- Hong Kong Issues $1.2 Billion Digital Green Bond Package
- Singapore Launches Article 6.2 Protocol with Gold Standard and Verra
- EU Secures Airline Pledges to End Misleading Environmental Claims
- Global Corporates Restart Net Zero Commitments as Decarbonization Tools Expand, Accenture Finds
- UK, EU Move Toward Linked Carbon Markets and Unified Agri-Food Rules
CARBON
- EU Backs 90 Percent Emissions Cut by 2040 with Limited Use of Carbon Credits
- CSIRO Roadmap Charts Australia’s Path to Large-Scale Carbon Removal by 2050
- Singapore Names Three Carbon-Rating Firms to Enhance Integrity of International Carbon Credits
- UK, EU Move Toward Linked Carbon Markets and Unified Agri-Food Rules
- Carbon Direct Expands Carbon Management Platform with Acquisition of Pachama
- Verra’s VCS Program Gains Full Eligibility Under CORSIA Phase II
- Samsung Enters Global Carbon Capture Market with E&A – Carbon Clean Alliance
CLIMATE & ENERGY TRANSITION
- Ørsted Becomes First Energy Major to Complete Full Green Transition
- HSBC Shifts Climate Targets While Maintaining 2050 Net Zero Ambition
- TotalEnergies to Power Google’s Ohio Data Centers with 1.5 TWh of Solar Energy
- Masdar, Uzbekistan Partner on 300MW Battery Storage to Strengthen National Grid
- TotalEnergies to Power Google’s Ohio Data Centers with 1.5 TWh of Solar Energy
COP30 UPDATES
- COP30 Opens in Belém with Technology-led Adaptation Drive, Major Finance Pledges
- COP30 Day 2 Recap
- COP 30: Day 3 Recap
- Schneider Electric Backs Brazil’s Industrial Decarbonization push at COP30
- EU Pushes for Stronger Global Climate Action at COP30 in Brazil
SUSTAINABLE/ CLIMATE FINANCE
- Hong Kong Issues $1.2 Billion Digital Green Bond Package
- OPEC Fund Commits $1B to Accelerate Azerbaijan’s Sustainable Infrastructure Push
- AIIB Approves $1 Billion Climate Loan to Accelerate Brazil’s Ecological Transformation
- A2A Expands $27 Billion 2035 Strategy to Power Italy’s Energy and Digital Transition
- EU Backs Brazil’s Grid Overhaul with $327M Financing for Neoenergia
- FedEx Backs Harbinger with $160 Million to Scale US Electric Truck Fleet
- Meta Invests $600 Billion to Build Sustainable AI Data Centers and Strengthen U.S. Communities
- Mitsubishi, Shell Back Avnos with $17M to Build Flagship Carbon Removal Facility in the U.S.
- Meta Invests $1 Billion in New AI Data Center in Wisconsin
ESG INVESTING & FUNDS
- EIB Rolls out Green Checker Tool Worldwide to Accelerate Climate Investment
- AXA IM Alts Raises $560 Million for Nature Based Investment Strategy
- Hong Kong Issues $1.2 Billion Digital Green Bond Package
ENVIRONMENT, NATURE & BIODIVERSITY
- The Sustainability Counter-Revolution: How Systems Learn to Resist Change
- EU Secures Airline Pledges to End Misleading Environmental Claims
- European Luxury Houses Launch Drive to Standardize Supplier ESG Data
- AIIB Approves $1 Billion Climate Loan to Accelerate Brazil’s Ecological Transformation
- Nike Expands Circular Polyester Sourcing With Syre and Loop Industries
- ClimeCo Led Partnership Achieves 10 Million Tonne Elimination of Super Pollutants
- PepsiCo Launches Direct Farmer Incentive Program in Brazil to Accelerate Regenerative Agriculture
ESG & SUSTAINABILITY REPORTING
- EU Moves to Scale Back Sustainability Reporting and Due Diligence Rules for Large Corporations
- EU Eases Green Rules, Redefining the Future of Farm Subsidies
- ISSB Moves Nature into Reporting Mainstream as TNFD Steps Back from Technical Work
TOOLS & SERVICES, TECHNOLOGY
- Carbon Direct Expands Carbon Management Platform with Acquisition of Pachama
- EIB Rolls out Green Checker Tool Worldwide to Accelerate Climate Investment
- Microsoft, Land O’Lakes Launch AI Partnership to Cut Farm Costs and Strengthen U.S. Agricultural Resilience
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