ESG News: Week in Review
June 2023 Week-4; Senegal seals $2.7 billion green energy deal; Netherlands & Denmark launch $1 billion South Africa green hydrogen fund; Gender gap not on Pace to close until 2154; Kroger to donate 10 billion meals by 2030; Church of England announces fossil fuel disinvestment; Netflix & Disney form Clean Mobile Power Initiative; BBVA and IFC announce launch of first blue bond in Colombia…
See below for the highlights of the past week:
Sustainability Goals, Initiatives and Achievements
- Starbucks and Arizona State University To Open Sustainability Learning and Innovation Lab in Costa Rica
- Bank of America to Join One of the World’s Largest Sustainable Aviation Fuel Programs
- Airbus and LanzaJet to Collaborate on Sustainable Aviation Fuel Production
- The Home Depot Set Goal for Battery Powered Products to Drive Over 85% of Outdoor Lawn Equipment Sales by 2028
Executive Moves
ESG Around the World
- World Bank Approves $250 Million to Improve Water Services and Build Climate Resilience in Jordan
- BBVA and IFC Announce Launch of First Blue Bond in Colombia
- Canada Invests $350 Million in National Sustainable Aviation Innovation Network
- EU Invests €110 Million to Advance Education, Health and Green Energy in Zambia
- Netherlands, Denmark Launch $1 Billion South Africa Green Hydrogen Fund
- South Korea Says 6 European Firms to Invest $929 Million in Wind Power, Batteries
- EU Commission Approves €1.1 Billion To Support Electricity Storage Facilities in Hungary
- UNDP, GLEIF and MAS Team to Digitise Basic ESG Credentials for MSMEs
- IFC and Bank BTPN Partner in $500 Million Social and Green Bond Deal to Strengthen Climate Action and Boost Inclusive Development in Indonesia
- Senegal Seals $2.7 Billion Green Energy Deal with Richer Nations
- Church of England Pensions Board Announces Fossil Fuel Disinvestment
Government & Regulators
ESG Services & Tools
- Boeing Launches SAF Dashboard to Track and Project Sustainable Aviation Fuel Production
- Morningstar Sustainalytics Enhances its Physical Climate Risk Assessments for Public Companies
ESG Investing
- Transgrid To Invest $11 Billion To Prepare Australian State For 100% Renewables
- Tesla Returns to S&P 500 ESG Index after Adding More Environmental Disclosures
- Avaana Capital’s Climate and Sustainability Fund Raises $70 Million
- EU Invests €6.2 Billion in Sustainable, Safe, Efficient Transportation Projects
Sustainable Finance
- EIB Issues First Ever Digital Climate Awareness Bond and Swedish Krona Transaction
- MUFG and Partners Launch $1.5 Billion Climate Finance Platform
Energy Transition
- Cargill and H2 Green Steel Sign Contract to Supply Near Zero Emission Steel
- Boston Consulting Group Enters 40,000-ton Carbon Removal Credit Agreement with CarbonCapture
- Netflix, The Walt Disney Company to Develop Zero-Emissions Power Through Clean Mobile Power Initiative
Social Responsibility & DEI
- WEF Report: Gender Gap Not On Pace to Close Until 2154
- Kroger To Donate 10 Billion Meals by 2030 To Feed Neighbors Struggling with Hunger
ESG Research & Reports
- Ralph Lauren Releases 2023 Global Citizenship & Sustainability Report
- Global ESG Regulation Increases by 155% Over the Past Decade
- IEA-IFC Report Calls for Ramping Up Clean Energy Investments in Emerging and Developing Economies
- MetLife Publishes 2022 Sustainability Report
Upcoming ESG Events
The ESG News Editorial Team is comprised of veteran financial journalists and sustainability analysts dedicated to providing real-time, objective reporting on global ESG regulations, climate finance, and corporate governance. Our desk monitors daily developments from the SEC, IFRS, CSRD and international regulatory bodies to ensure our 1M+ readers receive accurate, data-driven insights into the evolving sustainable investment landscape. Follow the ESG News Editorial Team for expert reporting on global sustainability standards, ESG disclosures, and climate policy. Access over 10,000 investigative reports and real-time updates.
