ESG News: Week in Review
January 27, 2023
Jan 2023 Week-4; Eni doubles sustainability-linked bond offering to €2 billion; OPEC Fund supports Panama’s climate change policy; NEXT Energy Technologies installs energy-generating windows at Patagonia’s headquarters; India identifies $4.92 billion to be funded by green bond sales; responsAbility announces two sustainable food strategies totaling $274 million; Ghana begins receiving payments for reducing carbon emissions; EIB confirms €900 million to Greece for sustainable regeneration and climate neutrality; EIB, CDP provide authorities with €200 million to finance sustainability projects; UK closes in on £300 million for British Steel;
See below for the highlights of the past week:
Sustainability Goals, Initiatives and Achievements
- bp Pulse Builds Europe’s First Public Charging Corridor for Electric Trucks
- NEXT Energy Technologies Installs Energy-Generating Windows on Patagonia’s Headquarters
- ICL to Develop Sustainable Supply Chain for Energy Storage Solutions, with $400 Million Investment in Lithium Iron Phosphate Capabilities
- BNP Paribas Vows to Slash Oil Lending by 80% by 2030, Fund Renewables
- AlphaStruxure, Schneider Electric, Carlyle Group to Provide Largest Rooftop Solar Array in the U.S. at New JFK Terminal
- GE Proposes Building Two New Offshore Wind Facilities in New York
- DHL Supports Grundfos to Reduce CO2 Emissions Along its Supply Chains
Executive Moves
ESG Around the World
- UK Closes In On £300 Million Climate Package for British Steel
- OPEC Fund Supports Panama’s Climate Change Policy with US$120 Million Loan
- ECB Publishes Climate-Related Statistical Indicators to Narrow Climate Data Gap
- India Identifies $4.92 Billion in Projects To Be Funded by Green Bond Sales
- EIB, CDP Provide Public Authorities with €200 Million to Finance Sustainability Projects
- EIB Lends ÖHT $150 Million to Finance Eco-Friendly Tourism
- Ghana Begins Receiving Payments for Reducing Carbon Emissions in Forest Landscapes
- EIB Confirms €900 Million to Greece for Social Cohesion, Sustainable Urban Regeneration and Just Transition Toward Climate Neutrality
- RWE and PPC to Build Solar Projects with More Than 200 Megawatts in Greece
Government & Regulators
- U.S. DOE Awards $118 Million to Accelerate Domestic Biofuel
- Biden-Harris Administration Announces $47 Million to Develop Affordable Clean Hydrogen Technologies
ESG Services & Tools
- ICE Launches Carbon Neutral U.S. Electricity Futures Index
- The BuildESG Membership Expands Features to Include Benchmarking of Private Equity and Venture Capital Firms’ ESG Programs
- Invest.Green Welcomes Toyota and econnext as Founding Members
Exec Investing
- VINCI Invests $15 Million in Hydrogen-Powered Taxi Operator Hype
- responsAbility Announces First Closings of Two Sustainable Food Strategies Totaling $274 Million
- UnitedHealth Group Invests $10 Million in Invest Appalachia to Address Social Needs and Advance Economic Equity
- ArcelorMittal Leads $120 Million Funding for Green Steel Tech Firm Boston Metal
Sustainable Finance
Energy Transition
- New York Pension Seek Stricter Climate Emissions Rules from Bank Portfolios
- Eni and Sonatrach Team to Accelerate Emissions Reduction and Strengthen Energy Security
- Mitsubishi Eyes Carbon Capture Project with Exxon, Nippon Steel
- Microsoft and Qcells Team to Curb Emissions and Power the Clean Energy Economy
- ExxonMobil Moves Forward with Largest Renewable Diesel Facility in Canada
