This week in ESG news: EU lawmakers reject deal to cut sustainability reporting & due diligence laws; GHG Protocol launches update of Scope 2 emissions reporting framework; French court rules TotalEnergies misled consumers in landmark greenwashing case; U.S., Qatar threaten EU over supply chain sustainability law; Schneider Electric launches global sustainability, energy & technology consulting business; Glass Lewis restructures proxy voting recommendation business as investors diverge on ESG; Google adds carbon capture to data center decarbonization toolkit; Apollo’s new Chief Sustainability Officer; Meta signs green steel deal to address data center carbon footprint, 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
Google Adds Gas + Carbon Capture to Data Center Clean Energy Portfolio
French Court Rules TotalEnergies Misled Consumers with Climate Claims
Meta Signs Purchase Deal with Green Steel Startup Electra to Address Carbon Footprint of Data Centers
Airbus, Cathay Invest $70 Million to Accelerate Sustainable Aviation Fuel Production
Microsoft Signs New Deal to Capture Carbon in Rocks and Soil
TotalEnergies, Colas Partner to Decarbonize Construction
Industrial, Investment, Energy Giants Launch Coalition to Establish a Global Carbon Accounting Framework
Government & Regulators
EU Parliament Rejects Agreement to Cut Sustainability Reporting and Due Diligence Laws
U.S., Qatar Warn EU States of Energy, Trade Consequences of Supply Chain Sustainability Law
EU Eases Obligations for Small Companies, Retailers Under Supply Chain Deforestation Law
UK Launches Plan to Upskill Workforce for 400,000 New Clean Energy Jobs
International Agreement to Decarbonize Shipping Delayed After Threats from U.S.
ESG Reporting
New Zealand Removes Small Companies from Climate Reporting Regulation
CDP, GRI Launch Tool to Help Companies Report on Climate and Energy Across Frameworks
GHG Protocol Releases Draft Update to Framework for Reporting Scope 2 Emissions
ESG Services and Tools
ISS STOXX Launches New Suite of Real Asset Climate Risk Solutions for Investors
Diligent, Persefoni Partner on Sustainability Reporting Solutions
Schneider Electric Launches Global Consulting Practice to Advise on Sustainability, Energy, Technology
Sustainable Investing
BNP Paribas AM Launches Article 9 Environmental Infrastructure Income Fund
Glass Lewis to End Uniform Proxy Voting Recommendations as Investors in U.S., EU Diverge on ESG
APG Invests $350 Million in Return to Scale Energy Storage Platform Across Europe
Private Equity & Venture Capital
Mirova Raises $1.4 Billion for Flagship Energy Transition Fund
Clean Energy Startup Arbor Raises $55 Million to Scale Zero-Emission Turbine Tech
BlackRock, Temasek Decarbonization Fund Invests in XNRGY to Scale Sustainable Cooling Solutions for Data Centers
Exec Moves
Anthesis Appoints EY Sustainability Leader Matthew Bell as Group CEO
Apollo Appoints Jaycee Pribulsky as Chief Sustainability Officer
