February 2023 Week-3; EIB approves €5.5 billion for energy, business, transport, health, and cities; DHL launches GoGreen Plus for opportunity to use SAF to reduce emissions; INEOS secures €3.5 billion for zero carbon plant; The SBTi calls for corporate emissions transparency; DeSantis proposes barring ESG criteria in Florida; Lufthansa becomes first airline to offer fare for sustainable travel; Financial institutions “woefully behind” on deforestation risk; Boeing doubles SAF purchase for 2023…

See below for the highlights of the past week:

Sustainability Goals, Initiatives and Achievements

• Lufthansa Group Becomes First Airline to Offer an Own Fare for More Sustainable Travel
• IKEA Expands Renewable Electricity Programme to Suppliers in Ten Additional Markets
• H&M Group and Remondis Team to Collect, Sort and Sell Used and Unwanted Garments and Textiles
• Boeing Doubles Sustainable Aviation Fuel Purchase for Commercial Operations for 2023
• AXA IM Aligns Compensation of Senior Executives to ESG Ambitions

Executive Moves

• Black & Veatch Appoints Deepa Poduval to Sustainability Leadership Role
• Assent Appoints Aaron Korsen as Senior Vice President of North American Sales to Lead Growth in Supply Chain Sustainability
• Brazil Appoints Luiz Alberto Figueiredo as Ambassador for Climate Change

ESG Around the World

• EU Commission Approves €2.08 Billion French Measure to Support Offshore Wind Energy Generation
• EU Commission Sets Out Rules for Renewable Hydrogen
• EU Lawmakers Approve Zero CO2 Emissions for New Cars and Vans Effective in 2035
• EU Commission Proposes 2030 Zero Emissions Target and 90% Emissions Reductions for New Trucks by 2040
• wpd Selects GE Renewable Energy on Three Onshore Wind Projects in Germany
• EU Commission Approves €170 Million Danish Scheme to Support Renewable Hydrogen Production
• World Bank Prices $50 Million Emission Reduction-Linked Bond for Clean Drinking Water in Vietnam
• India to Blacklist Renewable Firms for Missing Project Deadlines
• Canada Releases Sustainable Jobs Plan to Enable Creation of Good, Middle Class Jobs across Canada

Government & Regulators

• DeSantis Proposes Barring ESG Criteria in Florida Muni-Bond Sales
• New Jersey Moves up 100% Clean Energy Goals to 2035
• Biden-Harris Announce Funding for Zero-Emission Vehicle Corridors, Expansion of EV Charging in Underserved Communities

ESG Services & Tools

• DHL Launches GoGreen Plus to Give Customers the Opportunity to Use Sustainable Aviation Fuel to Reduce Emissions
• China Launches Climate Prediction Model for Wind and Solar Power

ESG Investing

• Robeco Awarded £338 Million Multi Asset Climate Solution Fund From Phoenix Group
• EIB Approves €5.5 Billion Investment for Energy, Business, Transport, Health, and Cities
• bp to Invest $1 Billion in EV Charging Across US by 2030 to Meet Demand from Hertz’s EV Rentals

Sustainable Finance

• Verizon Completes Final Allocation of its Fourth $1 Billion Green Bond
• INEOS Secures €3.5 Billion for Zero Carbon Footprint Chemical Plant
• Deutsche Bank and WWF Team to Further Advance Sustainable Finance
• Jacobs Completes Issuance of $500 Million in Sustainability-Linked Bonds
• EU Commission Approves €460 Million to Support ArcelorMittal Decarbonise its Steel Production

Energy Transition

• Iberdrola Awarded its First Floating Solar Project in Alsace
• Japan’s JERA, Abu Dhabi’s TAQA to Collaborate in Decarbonization Business
• Salesforce to Buy 280,000 MWh of Renewable Energy to Increase Clean Power Access in Emerging Markets
• TotalEnergies and Corio Join Forces to Develop Offshore Wind in Taiwan

Social Responsibility & DEI

• PepsiCo and the PepsiCo Foundation Support Türkiye and Syria Earthquake Relief Efforts
• BBVA to Donate €32 Million for the People Affected by the Earthquakes in Türkiye

ESG Reporting

• The SBTi Calls for Greater Corporate Emissions Transparency in New Corporate Climate Responsibility Monitor 2023 Report
• Financial Institutions “Woefully Behind” on Deforestation Risk, Finds 9th Annual Global Canopy Forest 500 Report

ESG Events

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