ESG Today: Week in Review
This week in ESG news: EU launches ‘Omnibus’ process to scale back sustainability reporting requirements for companies; BBVA doubles sustainable finance goal; Blackstone raises $5.6 billion for energy transition fund; StanChart earns nearly $1 billion from sustainable finance activities; U.S. CFOs plan to increase sustainability investment after election of Trump; EU launches Clean Industrial Deal; IKEA hits speed bumps on road to zero emissions deliveries; Apple shareholders reject proposal to scrap DEI programs; BlackRock sees energy transition opportunities from AI growth; Brookfield continues renewables acquisitions with $1.7 billion U.S. purchase; capital raises for plastic recycling tech, low carbon building materials, paper-based bottles; United Airlines invests in carbon removal tech, 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
Microsoft Signs Deal to Deploy Renewable Energy in Underinvested Communities
United Airlines Backs Carbon Removal Tech Company Heirloom
Apple Shareholders Reject Proposal to Scrap Diversity Programs
IKEA Pushes Back Zero Emissions Delivery Target
ESG Reporting
EU to Exempt 80% of Companies from CSRD Sustainability Reporting Requirements
Government & Regulators
EU Launches Strategy to Drive Demand for Clean Products, Decarbonize Industry
ESG Services and Tools
Sylvera Launches Ratings for Biochar Carbon Removal Projects
Sustainable Finance
BBVA Raises Sustainable Finance Goal to More than $700 Billion by 2029
Standard Chartered Earns Nearly $1 Billion in Sustainable Finance Income
Private Equity & Venture Capital
Blackstone Raises $5.6 Billion for Energy Transition-focused Private Equity Fund
Plastic Recycling Tech Provider Resynergi Raises $18 Million
Cambium Raises $18.5 Million to Replace Carbon Intensive Building Materials with Sustainable Wood
Brookfield Acquires National Grid’s U.S. Renewables Business for $1.7 Billion
Pulpex Raises $78 Million to Scale Production of Paper-Based Bottles
Sustainable Investing
BlackRock: Growing AI Power Demand to Continue Driving Energy Transition Opportunities
Exec Moves
Real Estate Sustainability Data Provider Measurabl Appoints Aislinn McCarry as Director of EMEA
Reports, Studies & Surveys