ESG News: Week in Review
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May 2023 Week-4; NGHC closes $8.4 billion green hydrogen plant; ADNOC and TAQA announce $2.4 billion for sustainable water supply; Enel to invest $1 billion in Oklahoma solar facility; Severn Trent to invest $1.3 billion to improve environmental standards; Nike launches hydrogen-powered ship with zero carbon emissions; Volvo to buy half of Swedish wind farm’s power; FedEx launches tool for customer emissions tracking; KPMG and Microsoft to launch ESG digital solutions for businesses…
See below for the highlights of the past week:
Sustainability Goals, Initiatives and Achievements
- PepsiCo and UEFA Unveil a Series of Innovative Sustainable Food & Beverage Practices at the 2023 UEFA Champions League Finals
- Sustainability in High Gear on the Set of ‘Fast X’
- TotalEnergies and Colorado State University Establish Protocol of Qualification for Methane Measurement Technologies
- Kenya Airways Operating First Flight From Africa Using Eni Sustainable Mobility’s Aviation Biofuel
- Iberdrola and Holcim Team to Accelerate Sustainable Building Solutions With Renewable Energy Projects
- Dow and New Energy Blue To Develop Renewable Plastic Materials From Corn Residue
Executive Moves
ESG Around the World
- EU and Korea Launch Green Partnership to Deepen Cooperation on Climate Action, Clean Energy and Environmental Protection
- thyssenkrupp nucera Supplies the Electrolyzers for H2 Green Steel to Build One of the Largest Integrated Green Steel Plants in Europe
- Solar Energy Group Europe (SEGE) Starts Building 150-MW Solar Farm in Kosovo
- Volvo Group Signs Deal With Vattenfall To Buy Half of New Swedish Wind Farm’s Power
- UK Pledges Funding for Carbon Dioxide Measurement Project in Brazilian Amazon
- Uber Steps Up EV Push in India With Uber Green
- IFC Preparing $300 Million Green Financing Package for SK Poland
- Paris To Ban Single-use Plastic at 2024 Olympic Games
- Engie, Amazon Inaugurate Italy’s Biggest Agrivoltaic Farm
Government & Regulators
- U.S. DOE Announces Nearly $60 Million to Advance Clean Hydrogen Technologies and Improve the Electric Power Grid
- EU Parliament Supports Stricter Rules to Reduce Industrial Emissions
ESG Services & Tools
- Iberdrola, Deloitte, and AWS Launch Energy Solution that Maximizes Energy Savings in Electrified Houses
- FedEx Launches FedEx Sustainability Insights for Customer Emissions Tracking
- KPMG and Microsoft to Launch New ESG Digital Solutions for Businesses Around the World
ESG Investing
- Enel to Invest Over $1 Billion in Oklahoma Solar PV Cell & Panel Manufacturing Facility
- ADNOC and TAQA Announce $2.4 Billion Project for Sustainable Water Supply
- Severn Trent To Invest $1.3 Billion To Improve Environmental Standards
- M&G To Invest $165 Million Into Regenerate Asset Management’s Sustainable Food Fund
Sustainable Finance
- NEOM Green Hydrogen Company Closes on $8.4 Billion for World’s Largest Carbon-Free Green Hydrogen Plant
- Neoenergia Lands $155 Million Sustainability-Linked Loan From World Bank’s IFC
Energy Transition
- Johnson Matthey and Hystar Agree to Strategic Hydrogen Partnership
- JPMorgan Chase To Spend $200 Million on Carbon Dioxide Removals
- Nike Launches First Hydrogen-Powered Inland Container Ship With Zero Carbon Emissions
- Hyundai and LG Energy Team To Build $4.3 Billion EV Battery Plant
Social Responsibility & DEI
ESG Research & Reporting
- Record High Revenues From Global Carbon Pricing Near $100 Billion
- The Hershey Company Releases 2022 ESG Report
- IEA Report Finds Clean Energy Investments Extending its Lead Over Fossil Fuels
- HubSpot Releases 2023 Sustainability Report
- State Farm Releases 2022 Impact Report
- Eurostat 2023 Report Shows EU’s Progress on Sustainable Development Goals
- USA TODAY and Statista Releases America’s Climate Leaders 2023 List
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