This week in ESG news: ISO, GHG Protocol unify GHG emission measurement and reporting standards; Swiss Re drops commitment to SBTi; SEC threatens IFRS Foundation over support for ISSB; Vanguard finds young investors strongly prefer ESG voting policies; Venture Capital coalition launches fund to scale climate tech startups to commercialization; EU passes law requiring fashion brands to pat to recycle clothing waste; Hong Kong to expand sustainable finance taxonomy to include transition, climate adaptation activities; Denmark to issue first-ever EuGB-aligned sovereign green bond; EU court rules nuclear and gas can be included in taxonomy of sustainable activities, 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
Swiss Re Drops Pursuit of SBTi Validation for Net Zero Goals
Guest Post – The Water Reckoning: Why Water Stress is the Next Big Financial Risk
Electric Hydrogen Acquires Ambient Fuels, Partners with Generate Capital to Develop and Finance Clean Hydrogen Projects
Rainforest Alliance Launches New Regenerative Agriculture Certification
Government & Regulators
EU to Provide €17.5 Billion Financing for Energy Efficiency, Decarbonization Projects for SMEs
EU Lawmakers Adopt New Rules Requiring Fashion Brands to Pay to Collect and Recycle Clothes
Singapore Raises Over $500 Million for Green Infrastructure Blended Finance Fund
ESG Reporting
SEC Chair Warns IFRS Foundation Over Support for International Sustainability Standards Board
ISO, GHG Protocol Unify Standards for Measuring and Reporting Emissions
Guest Post: Breathing Room for Better Reporting – How Businesses are Making Sustainable Progress Despite EU Delays
Guest Post – Environmental Data Transparency: Setting a New Benchmark for Sustainability
ESG Services and Tools
ServiceNow, Socialsuite to Launch New ESG Risk Management and Reporting Solution
Guest Post: Why Compliance Leaders Are Rethinking Supply Chain Data
Workiva Launches New Agentic AI Platform for Sustainability, Finance, GRC Solutions
Sustainable Finance
European Court Rules Nuclear, Fossil Gas Can be Included in EU Taxonomy
Eni, CDP JV GreenIT Raises €370 Million to Develop New Renewable Energy Projects in Italy
Hong Kong Proposes Expanding Sustainable Finance Taxonomy to Transition Activities
Denmark to Issue First-Ever Sovereign Green Bond Under EuGB “Gold Standard”
Sustainable Investing
Vanguard Finds ESG Voting Policy by Far the Most Popular Choice for Younger Investors
Robeco Launches Climate Transition-Focused Government Bond Active ETF
La Caisse, CEFC Launch $165 Million Sustainable Agriculture Carbon Credit Platform
IFC Investment Pushes responsAbility Asia Climate Tech Strategy Past $400 Million
Private Equity & Venture Capital
Una Terra Raises €50 Million for Circular Economy Venture Fund
Nitricity Raises $50 Million to Scale Sustainable Low Carbon Fertilizer Technology
Sapphire Technologies Raises $18 Million to Turn Waste Energy into Clean Power
Apollo Invests $3.8 Billion in RWE JV to Expand German Power Grid
$60 Billion Venture Capital Coalition Launches New Fund to Scale Climate Tech Startups
Exec Moves
Net Zero Certification Provider Planet Mark Appoints Avital Johanan as New Chief to Lead Expanded Supply Chain Focus
