July 2023 Week-2: Copenhagen Infrastructure Partners secures $6 billion from renewable energy fund; Canada announces $450 million for UN Green Climate Fund; USDA commits $300 million to measuring farm emissions; Apple helps accelerate clean energy innovation in India; Coca-Cola announces creation of sustainability-focused venture fund; Biden admin targets use of climate-warming industrial gases; Delta appoints Amelia DeLuca as Chief Sustainability Officer…

See below for the highlights of the past week:

Sustainability Goals, Initiatives and Achievements

• GreenIT Signs Agreement with Hive Energy & SunLeonard Energy for Four Photovoltaic Projects in Italy
• Levi’s Unveils Sustainable Suite of Classic 501 Jeans for 150th Anniversary

Executive Moves

• Volkswagen Group Appoints Giovanni Palazzo as New Head of Charging and Energy
• Travel + Leisure Co. Names Jon G. Muñoz to the Role of Senior Vice President, Environmental, Social, and Governance
• State Street Appoints Jessica Donohue to Head of Global Investment Insights, Sustainability and Impact
• RMI Welcomes Ije Ikoku Okeke as Managing Director, Catalytic Climate Capital
• Delta Appoints Amelia DeLuca as Chief Sustainability Officer

ESG Around the World

• EMA and Asian Development Bank Partner to Promote Clean Energy
• Iberdrola and Vodafone Sign European Solar PPA To Deliver Clean Energy in Germany, Portugal and Spain
• Canada Announces $450 Million for UN Green Climate Fund
• EIB To Announce €800 Million for Climate Action Projects in Argentina, Brazil and Chile
• EU Invests €3.6 Billion of Emissions Trading Revenues in Innovative Clean Tech Projects

Government & Regulators

• EU Commission Approves Modification of Dutch Scheme to Reduce Greenhouse Gas Emissions
• U.S. DOE Invests Over $23 Million to Reduce Carbon Emissions Across the United States
• EU Parliament Adopts New Rules To Boost Energy Savings
• Biden Admin Targets Use of Climate-Warming Industrial Gases
• EU Parliament Adopts Position on Rules To Reduce Pollution
• EU Parliament Adopts New Rules for More Charging Stations and Greener Maritime Fuels
• USDA Commits $300 Million To Measuring Farm Emissions

ESG Services & Tools

• Diligent Data Launches ESG Module, Empowering Organizations to Benchmark ESG Efforts Against Industry Peers

ESG Investing

• Copenhagen Infrastructure Partners Secures $6 Billion from First Close of Renewable Energy Fund
• Schroders Increases Accessibility of Global Sustainable Food and Water Fund to UK Investors
• EIB Lends €18 Million To Rocsys for Robotic EV Charging Infrastructure Research and Development
• DTE To Retire Coal Plants by 2032, Invest $11 Billion in Clean Energy Push
• The Coca-Cola Company and Eight Leading Bottling Partners Announce Creation of $137.7 Million Sustainability-Focused Venture Capital Fund

Sustainable Finance

• LeapFrog To Commit Over $500 Million To Climate Solutions for 50 Million Low-Income People
• Berkshire Hills Announces Allocation of Inaugural $100 Million Sustainability Bond

Energy Transition

• OCI Building $1 Billion Plant in Texas To Produce Climate-Friendly Ammonia
• Apple Helps Accelerate Clean Energy Innovation in India with Acumen

Social Responsibility & DEI

• BNY Mellon Invests $10 Million With Lafayette Square to Support Underserved Communities

ESG Research & Reports

• S&P Global Report: Ammonia Market to Triple by 2050 with Nearly All Growth Coming from Low-Carbon Supply
• Lowe’s Releases 2022 Corporate Responsibility Report
• Rapid Progress of Key Clean Energy Technologies Shows the New Energy Economy is Emerging Faster Than Many Think
• RMI Report: Wind and Solar To Produce Over a Third of Global Power by 2030
• American Airlines Releases 2022 Sustainability Report
• Only 16% of Business Travelers Prioritize Sustainability in Trip Planning, Despite Desire for More Eco-friendly Travel Options

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