ESG News: Week in Review
February 2023 Week-1; OPEC Fund contributes $1.5 billion for sustainable development in 2022; Germany pledges $217 million to help Brazil defend Amazon Rainforest; EIB Group commits €17 billion for support of EU energy security and green economy; CIF approves $70 million for Colombia clean energy; EU partners with South Africa to invest €280 million in its green recovery; United, Tallgrass, and Green Plains team to form new SAF technology; Amazon sets record for most renewable energy purchased by a company; Bloomberg reveals companies named to 2023 Gender-Equality Index; EU Commission announces Green Deal Industrial Plan for climate neutrality…
See below for the highlights of the past week:
Sustainability Goals, Initiatives and Achievements
- T-Mobile Announces 2040 Net-Zero Commitment
- UniCredit Sets Net Zero Targets for Carbon Intensive Sectors
- United, Tallgrass, and Green Plains Form Joint Venture to Develop New Sustainable Aviation Fuel Technology Using Ethanol
- Amazon Sets a New Record for Most Renewable Energy Purchased by a Single Company
- IBM and NASA Collaborate to Research Impact of Climate Change with AI
- Lufthansa Group and VARO Energy Sign MoU for Cooperation in the Field of Sustainable Aviation Fuels
- TotalEnergies and Air Liquide to Develop Over 100 Hydrogen Stations in Europe
Executive Moves
- FairPrice Group Appoints Chan Tee Seng as First Chief Sustainability Officer
- AE Industrial Partners Appoints Jennifer Essigs as Head of ESG
- Sienna Investment Managers Appoints Alix Faure as Head of ESG
ESG Around the World
- EU Partners with South Africa to Invest €280 Million in its Just and Green Recovery
- Germany Pledges $217 Million To Help Brazil Defend Amazon Rainforest
- Sustainable Energy Fund for Africa to Provide $1 Million to Drive Electric Mobility Shift in African Countries
- Ingka Group Buys Stake in $1.4 Billion Australian Wind Farm
- TotalEnergies Starts Up its Fourth Solar Power Plant in Japan
- EU Commission Announces Green Deal Industrial Plan to Support Transition to Climate Neutrality
- Four West African Nations Get $311 Million from World Bank for Renewables
- EIB Group Commits Record €17 Billion for Support of EU Energy Security and Green Economy
- CIF Approves $70 Million for Colombia’s Integration of Clean Energy into the Power Grid
Government & Regulators
ESG Services & Tools
- Bloomberg Reveals Companies Named to 2023 Gender-Equality Index
- Morgan Stanley Investment Management Launches ETF Platform
- WTW Launches Innovative ESG Analytics Platform
Exec Investing
Sustainable Finance
- OPEC Fund Contributes US$1.5 Billion for Sustainable Development in 2022, Launches Food Security and Climate Action Plans
- Vedanta Aluminium Raises $250 Million in Sustainability Linked Loans
Energy Transition
- ExxonMobil Sets Large-Scale Low-Carbon Hydrogen Plant Start-Up for 2027
- EDP and Cespa Sign a Partnership to Promote Andalusian Green Hydrogen Valley
- Plug Power and Johnson Matthey Team to Accelerate the Green Hydrogen Economy
- Japan’s Sumitomo to Produce Green Hydrogen and Ammonia in Chile
- LEAG and HH2E to Collaborate on Developing Green Hydrogen Economy in Germany
Social Responsibility & DEI
ESG Reporting
—
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.
