ESG Today: Week in Review

This week in ESG news: UK to regulate ESG ratings providers; Exxon sues California to stop new climate reporting laws; $2 trillion wealth fund to increase climate engagements with portfolio companies; Net Zero Asset Managers initiative returns, but erases 2050 climate commitment; TotalEnergies pushes back against greenwashing accusations; ISSB to address global fragmentation of sustainability reporting standards; Microsoft signs deal to use mining waste to capture carbon; Apple, Meta sign large-scale renewable energy deals; Google signs deal to restart dormant nuclear plant to power AI infrastructure; Brookfield, Cameco enter $80 billion nuclear partnership with U.S., and more.

See below for the highlights of the past week, and get all your ESG news at ESG Today:

Sustainability Goals, Initiatives and Achievements

Apple Invests in 650 MW of New Renewables Projects to Address Carbon Footprint of Product Use

H&M Signs Multi-Year Deal to Integrate Recycled Cotton in Products with Recover

Microsoft Signs Deal to Use Mining Waste to Remove Nearly 300,000 Tons of CO2

Meta Buys 100% of Renewable Energy from New $900 Million Texas Solar Project

Google, NextEra Sign Deal to Restart U.S. Nuclear Plant to Power AI Infrastructure

Brookfield, Cameco Sign $80 Billion Nuclear Deployment Deal with U.S. Government

United Airlines Signs Sustainable Aviation Fuel Deal with Neste for U.S. Airports

TotalEnergies Pushes Back Against Greenwashing Accusations after Court Ruling

Government & Regulators

UK to Regulate ESG Ratings Providers

ESG Reporting

ISSB Says “Passporting Provisions” Needed for Acceptance of Sustainability Reporting Across Jurisdictions

Guest Post: Preparing for a New Era of Reporting with Integrated Sustainability

Exxon Sues California to Stop New Climate Reporting Laws

ESG Services and Tools

Bloomberg Launches Tools to Help Investors Assess Exposure to Low Carbon Transition Risks and Opportunities

Net Purpose Acquires SDI AOP to Create Integrated Sustainable Investment Data Platform

Upright Launches Free Double Materiality Assessment Solution

Guest Post – ESG at the Cutting-Edge: Building Systems that Learn, Adapt, and Benefit from Change

EcoVadis Partners with SGS, QIMA to Launch New Supply Chain Sustainability Auditing Offering

Sustainable Finance

Iberdrola Draws €8 Billion Order Book for First EuGB-Aligned Hybrid Green Bond

Sustainable Investing

Net Zero Asset Managers Coalition Returns – Without 2050 Climate Commitment

Fidelity International Launches New Paris-Aligned Active Equity ETF

Norway’s $2 Trillion Wealth Fund to Expand Climate-Focused Engagements with Portfolio Companies

Amundi Wins Mandate to Launch $660 Million Fossil-Free Cash Fund for UK Universities

Private Equity & Venture Capital

Emerald Raises €60 Million to Invest in Water Solutions Startups

Redwood Raises $350 Million to Scale U.S. Battery Ecosystem

Exec Moves

EY Appoints Colm Devine Global Vice Chair for Sustainability