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
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