ESG News: Week in Review
February 2023 Week-4; United launches $100 million sustainable flight fund; NextPower ESG fund closes at £595 million; India, UK, US Team with WBCSD for zero-emission vehicles in India; DOE announces actions to accelerate offshore wind deployment; Bell 505 becomes first helicopter to fly using 100% SAF; Canada invests in training for workers in net zero economy; Biden-Harris announces $550 million to advance environmental justice; BMW to source aluminium from sustainable production in Canada; IEA report tells energy firms they have ‘no excuse’ as emissions rise…
See below for the highlights of the past week:
Sustainability Goals, Initiatives and Achievements
- BMW Group to Source Aluminium from Sustainable Production in Canada from 2024
- Partnership for Carbon Transparency Releases Updated Technical Specifications for Standardized Exchange of Emissions Data
- Bell 505 Becomes World’s First Single Engine Helicopter to Fly Using 100% Sustainable Aviation Fuel
- Victoria’s Secret Launches Recycled Bra Line With Plant-Based Pads
- TotalEnergies Signs Renewable Power Purchase Agreements with Sasol and Air Liquide
- Eni and Saipem Sign MoU for the Use of Renewable Fuels on Naval Fleet
- Nissan Among the First to Trial All-Electric, Heavy-Duty Trucks for New Vehicle Deliveries
Executive Moves
ESG Around the World
- India, UK, US Team with WBCSD to Support Transition to Zero-Emission Vehicles in India
- Indonesia Launches Carbon Trading Mechanism for Coal Power Plants
- Government of Canada Invests in Training for Workers in a Net Zero Economy
- EIB Group Signs €250 Million in New Financial Support for Cyprus Climate Action
- Spain Provides €100 Million Guarantee for a World Bank Project to Repair Health Infrastructure in Ukraine
- EU Commission Approves €1.1 Billion German Scheme to Support Rail Transport Operators Using Electric Traction
Government & Regulators
- U.S. DOE Announces New Actions To Accelerate Floating Offshore Wind Deployment
- U.S. DOE Announces $68 Million For Small Businesses to Cut Emissions and Study Climate
- Biden-Harris Administration Announces $550 Million to Advance Environmental Justice
- Department of Energy Announces $2.5 Billion to Cut Pollution and Deliver Economic Benefits to Communities Across the Nation
ESG Services & Tools
- Toyota EV Incentive Finder Powered by EV Life Helps Customers Find Incentives, Tax Credits and More
- ESG Book’s Sustainability and Emissions Data Now Available through Rimes
ESG Investing
- NextPower UK ESG Fund Closes at £595 Million
- United Airlines Launches $100+ Million Sustainable Flight Fund
- UK Green Hydrogen Pioneer GeoPura Secures £36 Million Investment from GM, Barclays
- Sasol Launches Venture Capital Fund to Advance Decarbonization Ambitions
- Tokyo Gas Cuts Shareholder Returns to Invest in Decarbonization
Sustainable Finance
- Joo Group Receives €100 Million EIB Green Loan for New High-Energy Performance Residential Buildings
- EIB and PackBenefit Sign €13 Million Venture Debt Agreement for Sustainable Food Packaging Technology
Energy Transition
- EIB and Motor Oil Hellas Agree to Develop a Network of EV Charging and Hydrogen Stations
- Cespa and ACE Terminal Team to Create Green Hydrogen Supply Chain from Spain to the Netherlands
- Chevron Signs MOU with Egypt to Reduce Methane Emissions
Social Responsibility & DEI
- The PepsiCo Foundation and Doritos SOLID BLACK Invest in 16 Nonprofit Leaders for Black Changemakers Program
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.
