Sustainability Goals, Initiatives and Achievements

May 2023 Week-3; Biden-Harris Administration Makes $11 Billion Investment to Advance Clean Energy Across Rural America; Octopus Energy To Invest £1.5 Billion Into Asia-Pacfic Renewables and Energy Tech; Low Carbon Secures £310 Million in Financing for Solar Projects in the UK and the Netherlands; Australia Post Announces $100 Million Sustainability Bond; Boeing Publicly Launches Tool to Support Aviation’s Net Zero Goal…

See below for the highlights of the past week:

Sustainability Goals, Initiatives and Achievements

• Summit To Use Honeywell Ethanol To Jet Fuel Technology For Production Of SAF

Executive Moves

• AXA IM Appoints Marie Luchet Head of ESG & Sustainability
• L&G Capital Appoints Julia Goldsworthy as Head of Social Impact Investment
• Chaucer Appoints Simon Tighe to Group Head of ESG

ESG Around the World

• EIB and IFAD Deepen Collaboration to Strengthen Food Security and Climate Adaption
• TotalEnergies Launches in Belgium Its Largest Battery Energy Storage Project in Europe
• France Budgets 500 Million Euros Annually for Green Industry Tax Credit
• Holosolis Launches Europe’s Largest Solar PV Gigafactory to Bolster EU Energy Security
• Repsol to Develop Renewable Energy Projects in Italy Totaling More Than 1,700 MW
• EIB Grants €75 Million to Support Sustainable Heating in Czechia
• Asia-Pacific Countries Adopt 10 UN Resolutions Reaffirming Commitments to Protect the Planet and its People

Government & Regulators

• Biden-Harris Administration Makes $11 Billion Investment to Advance Clean Energy Across Rural America
• EPA and Peace Corps Team to Advance Environmental Protection Around the World
• Biden-Harris Administration Invests $251 Million to Expand Infrastructure to Support CO2 Transport and Storage
• U.S. DOE Invests $51 Million in America’s Electric Vehicle Charging Network

ESG Services & Tools

• Schroders Launches Option for Clients to Offset Carbon Emissions
• Diligent Showcase Launches to Connect Customers with Services to Enhance Their GRC and ESG Programs
• Boeing Publicly Launches Tool to Support Aviation’s Net Zero Goal

ESG Investing

• Morgan Stanley Raises $500 Million for First Close of 1GT Climate Private Equity Strategy
• Octopus Energy To Invest £1.5 Billion Into Asia-Pacfic Renewables and Energy Tech
• TDK Ventures Launches $150 Million Fund to Invest in Energy and Climate Tech Startups
• Chinese EV Maker Nio Invests in Nuclear Fusion Startup

Sustainable Finance

• EIB Group and Santander To Mobilize €162 Million in Financing to Increase Energy Efficiency of Buildings
• Low Carbon Secures £310 Million in Financing for Solar Projects in the UK and the Netherlands
• Australia Post Announces $100 Million Sustainability Bond

Energy Transition

• EIB and ALEXBANK Team With $15 Million to Cut Energy Bills and Increase Renewable Energy Use

Social Responsibility & DEI

• IKEA U.S. Launches Pride Campaign to Push for Greater Progress Toward LGBTQ+ Inclusion

ESG Reporting

• Clarity AI: Only 4% of “Sustainable” Investment Funds Would Automatically Comply with Requirements of US, UK and EU Regulatory Investment Fund Label and Naming Rules
• Clarity AI: 44% of Professional Investors Are Now Using Sustainability Analytic Capabilities or Data from Multiple Service Providers

ESG Events