ESG Today: Week in Review
This week in ESG news: 24 states sue Trump administration over repeal of landmark climate ruling; world’s largest sovereign wealth fund NBIM unveils nature risk expectations for portfolio companies; ING’s sustainable finance activity jumps more than 25%; von der Leyen says EU Commission to revise ETS for “a more realistic trajectory”; Whirlpool commits to net zero across the value chain; LEGO to build solar plant to power new $1.5 billion U.S. factory; EU expert group says new sustainability reporting rules risk placing EU below global baseline; pension fund Nest to vote against companies that backtrack on climate commitments; capital raises for green chemicals, industrial decarbonization, climate analytics technologies, 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
TotalEnergies Launches France’s First Advanced Plastics Recycling Plant
LEGO to Install Over 40,000 Solar Panels at its First U.S. Factory
Google Signs Deal to Remove 200,000 Tons of CO2 by Turning Landfill Waste into Biochar
ERM, Secaro and AstraZeneca Partner to Decarbonize Industrial Heat
Whirlpool Commits to Reach Net Zero Across Value Chain by 2050
Reliance Signs $3 Billion Green Ammonia Supply Deal with Samsung C&T
FedEx Launches Reusable Packaging for B2B Shippers
Government & Regulators
EU’s von der Leyen Pledges to Revise Carbon Pricing System, Introduce €30 Billion Cleantech Fund
24 States Sue Trump Administration Over Repeal of Endangerment Finding Underlying Major Climate Laws
UK Unveils $3.3 Billion Fusion Strategy
Trump Administration Sues California to Eliminate Vehicle CO2 Standards, ZEV Sales Mandate
Sustainability Reporting
The False Trade-off Between Competitiveness and Sustainability
The Ratings Overhaul that Could Add to the Sustainability Reporting Burden
ESG Services and Tools
Turning Climate Ambition into Action: Accelerating Supply Chain Decarbonization
Sustainable Finance
Fervo Secures $421 Million to Build U.S. Geothermal Energy Plant
ING’s Sustainable Finance Activity Jumps 28% in 2025
Sustainable Investing
BNP Paribas AM Invests in Farming Decarbonization Platform FarmCarbon
Nest to Vote Against Companies that Have Scaled Back Climate Commitments
BNP Paribas AM Invests in Forest Restoration Developer Rainforest Builder
Private Equity & Venture Capital
KKR to Invest up to $310 Million in India Electric Bus Platform Allfleet
Earth Blox Raises $8 Million to Help Companies Assess Climate, Nature Risks
Level Nine Raises $4.6 Million to Convert Biomass into Green Chemicals
ReNew Raises $95 Million to Expand Commercial & Industrial Decarbonization Platform
Exec Moves
HSBC Appoints Sophie Brucale as Head of Sustainability for Europe