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

• PepsiCo Europe Names Archana Jagannathan As Chief Sustainability Officer

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

• S&P Global Accelerates Progress on Near-term Corporate Sustainability Goals

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

ESG Events