ESG News Week In Review: 3 October – 12 October
In this week’s ESG News Week In Review, renewable power overtook coal for the first time globally — a defining moment in the clean energy transition. The EU delayed new sustainability reporting rules for non-EU firms, while the U.S. declined to back a World Bank climate statement. Brookfield closed a record $20B energy transition fund, Germany launched $7B for industrial decarbonization, and the UN-backed Net-Zero Banking Alliance dissolved amid waning bank commitments.
GOVERNMENT, POLICY & REGULATION
- Global Renewable Power Surpasses Coal for the First Time
- EU Postpones Sustainability Reporting Rules for Non-EU Companies
- US Declines to Back World Bank Climate Statement Signed by 19 Directors
- EU Carmakers Urge Softer CO₂ Targets, Greater Role for Hybrids and E-Fuels
- ISO Launches World’s First Biodiversity Standard to Guide Corporate Action
- EU Council Approves Simplification of Carbon Border Adjustment Mechanism
CARBON
- Puro.earth, Indonesia Partner to Advance Biochar Carbon Removal Framework
- Deep Sky to Build 500,000-Tonne Carbon Removal Facility in Canada
- InSoil, Anew Climate to Deliver 500,000 Verified Soil Carbon Removal from Lithuania
- Air New Zealand Invests in New Zealand Nature through First Verified Carbon Removals
- Nasdaq Backed Puro.earth Expands Digital Infrastructure to Accelerate Verified Carbon Removal Certification
- Integrity Council Approves Six New Carbon Removal Standards
CLIMATE & ENERGY TRANSITION
- US Declines to Back World Bank Climate Statement Signed by 19 Directors
- Global Renewable Power Surpasses Coal for the First Time
- Mars, Golden Peaks Capital Launch 100+ Solar Projects in Poland
- Nestlé Withdraws from Global Dairy Methane Alliance Amid Broader Corporate Climate Retrenchment
- Microsoft Expands Clean Energy Portfolio in Japan with New Shizen Solar Deals
- EDF, El Paso Electric Begin Operations at 150 MW Solar-Storage Facility
- Base Power Secures $1B to scale U.S. Home Battery Network
- Nuveen Appoints Costas Papamantellos as Head of Energy Transition Investments
- LEGO Advances Global Effort to Eliminate Natural Gas from Factory Operations
- Mercedes-Benz Partners with Norsk Hydro to Cut EV Emissions with Low-Carbon Aluminium
SUSTAINABLE/ CLIMATE FINANCE
- Germany Launches $7B Industrial Decarbonization Program Integrating CCS
- Novata Acquires Atlas Metrics as S&P Global Backs Expansion of Global Sustainability Data Platform
- Brookfield Secures $20B for Record-Breaking Energy Transition Fund
- Morgan Stanley Backs Corvus Energy with $60M to Accelerate Maritime Decarbonization
- Google.org 2025 Impact Report Reveals $6B Drive to Scale AI-powered Social and Climate Solutions
- Barclays, GeoPura and EIFO back $34M UK-Danish Hydrogen Project
- NAB delivers $1.3B in Green Finance to Accelerate Australia’s Low-Carbon Transition
- Sembcorp Expands Indian Renewables Portfolio with $190M ReNew Solar Acquisition
- Masdar Expands Iberian Renewable Footprint With $392M Spanish Solar Deal
ESG INVESTING & FUNDS
- Carlyle AlpInvest, CalSTRS Launch Climate Co-Investment Partnership
- UN-backed Net-Zero Banking Alliance Dissolves as Global Banks Retreat from Climate Commitments
ENVIRONMENT, NATURE & BIODIVERSITY
- ISO Launches World’s First Biodiversity Standard to Guide Corporate Action
- InSoil, Anew Climate to Deliver 500,000 Verified Soil Carbon Removal from Lithuania
- Worldly Acquires GoBlu to Build Unified Sustainability Data Ecosystem for Global Supply Chains
- TotalEnergies, Veolia Expand Global Partnership to Cut Methane and Water Use Across Industrial Sites
- Jane Goodall, Global Conservation Icon and Primate Expert, Passes at 91
ESG & SUSTAINABILITY REPORTING
- EU Postpones Sustainability Reporting Rules for Non-EU Companies
- Irish Advertising Industry Issues Climate Report to Cut Campaign Carbon Footprints
- European Executives Back Stronger Sustainability and Due Diligence Rules: E3G Survey
TOOLS & SERVICES, TECHNOLOGY
- Iberdrola Invests $1.08M in TRIBBU to Scale Sustainable Urban Mobility in Spain
- Novata Acquires Atlas Metrics as S&P Global Backs Expansion of Global Sustainability Data Platform
- Nasdaq Backed Puro.earth Expands Digital Infrastructure to Accelerate Verified Carbon Removal Certification
- Garanti BBVA Expands Digital Access to Sustainability Loans in Türkiye
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