ESG News: Week in Review
Listen to this story:
|
March 2023 Week-3; TD sets $500 billion sustainable finance target by 2030; Biden-Harris announces $750 million to advance clean hydrogen tech; EU proposes Net-Zero Industry Act for clean tech; EU adopts carbon sinks goal that increases EU 2030 climate ambition; DeSantis leads alliance of 18 states to fight against ESG investing; Starbucks commits over $50 million to sustainable waste and water funds; Malaysia’s Petronas bids $460 million for stake in NTPC’s green energy division…
See below for the highlights of the past week:
Sustainability Goals, Initiatives and Achievements
- JetBlue and Shell Aviation Announce Agreement Bringing New Supply of SAF to LAX
- Western Union Earns Three Recognitions for ESG Efforts
- CNH Industrial Buys UK’s Bennamann To Help Farmers Make Energy From Waste
- TD Bank Sets $500 Billion Sustainable & Decarbonization Finance Target by 2030
- Whirlpool Achieves Goal of Zero Waste to Landfill for Manufacturing Sites Worldwide
Executive Moves
- Carol Adams Appointed to GRI’s Global Sustainability Standards Board
- Katten ESG Risk & Investigations Co-Chair Johnjerica Hodge Selected as a Leadership Council on Legal Diversity Fellow
ESG Around the World
- Deutsche Bank Announces $15 Million for Pepperl+Fuchs’s Sustainable Factory in Vietnam
- Parker Review Committee Announces New Diversity Targets for UK Companies
- EU Commission Proposes Reform of the EU Electricity Market Design to Boost Renewables
- TotalEnergies and Paprec Develop the First French Value Chain for Advanced Recycling of Plastic Film
- Sweden Takes Over EU Presidency With Promise To Be ‘Greener, Safer and Freer’
Government & Regulators
- DOE Invests $47 Million to Reduce Methane Emissions From Oil and Gas Sector
- EU Parliament Adopts Plan for a Climate Neutral Building Sector by 2050
- EU Parliament Adopts New Carbon Sinks Goal That Increases EU 2030 Climate Ambition
- Biden-Harris Administration Announces $750 Million to Advance Clean Hydrogen Technologies
- EU Proposes Net-Zero Industry Act To Scale Manufacturing of Clean Technologies
- DeSantis Leads Alliance of 18 States to Fight Against ESG Investing
- British Columbia Province Sets High Emissions Bar for New LNG Projects
ESG Services & Tools
- —
ESG Investing
- Britain To Invest $24 Billion To Capture Carbon Emissions
- Breakthrough Energy Ventures Leads $25M Series A for Viridos’ Revolutionary and Sustainable Algae Biofuels
- Robeco Raises €130 Million for New Sustainable Loan Fund
Sustainable Finance
- EIB Lends €300 Million to novobanco for Financing SMEs & MidCaps and Climate Action
- OPEC Fund Approves Over $300 Million in New Financing and Delivers on its Climate Action Plan
- Climeworks & Heirloom Team With Non Profit Battelle To Bid on $500 Million U.S. Climate Grant for Carbon Capture
- Starbucks Commits Over $50 Million to Sustainable Waste and Water Funds
- Electriq Power Secures $300 Million of Solar+Storage Financing
Energy Transition
- Corteva, Bunge and Chevron Team to Lower Carbon Renewable Fuels
- Iberdrola and Haizea Wind Group Sign €200 Million Framework Agreement for East Anglia Three
- Malaysia’s Petronas Bids $460 Million for Stake in NTPC’s Green Energy Division
Social Responsibility & DEI
ESG Reporting
- Bank of England Releases Report on Climate-Related Risks and the Regulatory Capital Frameworks
- EcoVadis Network Impact Report Showcases Progress on Environmental & Social KPIs and Metrics from 40,000 Business Sustainability Ratings
- HelloFresh Releases 2022 Sustainability Report
- Ball Corporation Releases Climate Transition Plan and 2022 Annual Combined Financial and Sustainability Report
- Shell Shows Good Progress on Journey to Net Zero Emissions in Energy Transition Progress Report