ESG Today: Week in Review
This week in ESG news: Majority of companies continue to increase sustainability investments, report revenue growth from sustainability initiatives – Deloitte survey; U.S. SEC to reconsider rules allowing ESG proposals at shareholder meetings; California delays climate reporting rules; Brookfield’s $5 billion deal to power datacenters with fuel cells; Schroders hits renewable energy milestone; LEGO Group phasing out natural gas; Stegra launches financing round to fund green steel plant; South Korea to mandate sustainable aviation fuel on flights; Tokyo launches first-ever climate resilience bond offering; U.S. Fed to scrap climate risk management framework for big banks, 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
Airbus Partners with Siemens to Decarbonize Industrial Sites in U.S., UK
83% of Companies Increased Sustainability Investments Over Past Year: Deloitte Survey
LEGO Group Phasing Out Natural Gas to Cut GHG Emissions
Brookfield, Bloom Energy Sign $5 Billion Deal to Power AI Data Centers with Fuel Cells
Schroders Achieves 100% Renewable Electricity Goal
Government & Regulators
U.S. Federal Reserve, FDIC Scrap Climate Risk Management Framework for Banks
South Korea Mandates Use of Sustainable Aviation Fuel on Flights Beginning 2027
SEC Chief Asks Commission to Reconsider Rules Allowing Shareholder ESG Proposals
ESG Reporting
California Delays Rulemaking for New Climate Reporting Regulations
ESG Services and Tools
Greenly Launches New AI-Powered Carbon Accounting Platform
Sustainable Finance
Tokyo Plans First-Ever Climate Resilience Bond Offering
SHS Raises $2 Billion for Green Steel Project in Germany
Stegra Launches New Financing Round to Build First-Ever Large-Scale Green Steel Plant
Private Equity & Venture Capital
Daylight Raises $75 Million to Turn Homes into Solar Power Plants
Arup Spinout Class 3 Raises $3.5 Million to Model Climate Risk for Built Environment
CFM Raises Over US$1 Billion for Climate Infrastructure Fund
Exec Moves
Sustainability Consultancy Longevity Partners Appoints Jessica Francisco as New CEO