ESG News: Week in Review
February 2023 Week-2; Linde to invest $1.8 billion for clean hydrogen; MSCI launches tool for to analyze sustainability strategies; UK to launch Department for Energy Security and Net Zero; BofA to offer financing for residential EV chargers; CDP data shows less than 1 in 200 companies have credible climate plans; Goldman to European biomethane investment platform; BMW could reach 50% EV sales before 2030 goal; Acre appoints Gloria Mirrione as Head of Sustainable Finance & Impact Investing; Carbon markets value hit $909 billion last year; EU Commission approves €1.36 billion for Greece indirect emission costs…
See below for the highlights of the past week:
Sustainability Goals, Initiatives and Achievements
- BMW Says it Could Reach 50% EV Sales Earlier than 2030 Goal
- Carrier Strengthens Climate Goals with Net Zero Target and Expanded Decarbonization Investments
- EverWind Gets Approval for First Industrial-Scale Green Hydrogen Facility in North America
- Mitsubishi, Lotte, and RWE Form Alliance to Study Clean Ammonia in Texas Project
- The Home Depot & DSD to Install 13 MW of Solar Power Across California Store Locations
- Wendy’s Strengthens Commitment to Climate Action, Targeting Ambitious Emissions Cuts
Executive Moves
- Acre Appoints Gloria Mirrione as Head of Sustainable Finance & Impact Investing in U.S.
- Altus Power Announces the Appointment of Sophia Lee as Chief Sustainability Officer
- American Water Announces Lori Sutton as Chief Inclusion, Diversity and Equity Officer
ESG Around the World
- EU Commission Approves €1.36 Billion to Compensate Companies in Greece for Indirect Emission Costs
- UK to Launch Department for Energy Security and Net Zero
- Reserve Bank of India to Issue Guidelines to Boost Green Finance, Mitigate Climate Risks
- EIB Backs Green Hydrogen Deployment and Joins India Hydrogen Alliance
- World Bank and Ethiopia Sign $40 Million Agreement to Cut Carbon Emissions Through Sustainable Landscape Management
- Ireland and Austria Join Africa Climate Change Fund as Donors with an Initial €3 Million Contribution
- Nepal and the World Bank Launch $100 Million Water Sector Governance and Infrastructure Support Project
- EIB Invests $40 Million Across India and South Asia for Climate Action and Environmental Impact Fund
Government & Regulators
ESG Services & Tools
ESG Investing
- Linde to Invest $1.8 Billion to Supply Clean Hydrogen to OCI’s Texas Plant
- Goldman Sachs to Launch Verdalia Bioenergy to Invest Over €1 Billion in European Biomethane Sector
- Global Carbon Markets Value Hit Record $909 Billion Last Year
- Pluglink Signs $11.9 Million EV Charger Assets Investment Agreement with KDB KIAMCO
Sustainable Finance
- World Bank Issues $50 Million Sustainable Development Bond
- Nokia Launches Sustainable Finance Framework
- BBVA Participates in Carbonplace’s $45 Million Financing Round
- Bank of America to Offer Financing for Residential Electric Vehicle Chargers
- Comcast Issues $1 Billion Green Bond to Fund Clean Energy, Infrastructure Projects
- BBVA Closes €40 Million Sustainable Financing with Matrix Renewables for Construction of Two Solar Plants
- Dubai Islamic Bank to Raise $1 Billion with Sustainable Sukuk
Energy Transition
- GE Digital Announces Software to Orchestrate the Clean Energy Grid and Accelerate the Energy Transition
- SunOpta Opens New $125 Million Plant-Based Beverage Manufacturing Facility in Texas
Social Responsibility & DEI
ESG Reporting
- CDP Data Shows Less Than One in 200 Companies Have Credible Climate Plans
- Pinterest Releases Inaugural ESG Impact Report
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.
