Welcome to our daily roundup of the most impactful and noteworthy ESG (Environmental, Social, and Governance) news. As we navigate the ever-evolving landscape of sustainable practices, responsible business conduct, and societal impact, we bring you a curated selection of the day’s top 5 ESG headlines. These articles encapsulate the latest developments, innovations, and commitments that are shaping the world of ESG.

Here are today’s Top 5 ESG Headlines:

1. ESG Metrics Increasingly Influence Executive Pay in North American Companies, Reveals WTW Study

The adoption of environmental, social and governance (ESG) measures in executive incentive plans continues to increase across markets, including North America, according to a new global study by WTW (NASDAQ: WTW), a leading global advisory, broking and solutions company. 

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2. John Podesta to Succeed John Kerry as Biden’s Top Climate Adviser

From Day One, President Biden defined the climate crisis as the existential threat of our time that required a global effort to put the world on a safer climate trajectory.  In his time as Special Presidential Envoy for Climate, Secretary Kerry  — with characteristic passion, diplomatic acumen, and tireless focus — ensured that the United States not only rejoined that effort but once again led it.

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3. U.S. Chamber of Commerce Sues California Over Climate Disclosure Laws

The U.S. Chamber of Commerce, along with the American Farm Bureau Federation, California Chamber of Commerce, Central Valley Business Federation, Los Angeles County Business Federation, and Western Growers Association, filed a lawsuit against the state of California in the U.S. District Court for the Central District of California over its new corporate climate disclosure laws, which were signed by Gov. Gavin Newsom on Oct. 7, 2023. 

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4. Microsoft Signs Carbon Removal Deal with Nature-Based Startup Grassroots Carbon

Grassroots Carbon, a leader in providing high-quality carbon removal credits, announced an agreement to provide Microsoft with soil carbon drawdown credits. The credits, which represent additional carbon sequestered over a 30-year period, mark Microsoft’s first investment in carbon credits generated from regeneratively managed grasslands.

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5. Google signs new PPAs that will add more than 700 megawatts of clean energy to European electricity grids

In a major push towards its ambitious carbon neutrality goals, Google has announced a series of power purchase agreements that secure over 700 megawatts of clean energy across Europe. This includes the company’s largest offshore wind projects to date, solidifying its commitment to operating data centers and campuses on 24/7 carbon-free energy by 2030.

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