This week in ESG news: EU lawmakers reach deal to cut sustainability reporting and due diligence laws; Brookfield raises record $20 billion for clean energy fund; ISO launches new biodiversity standard; Mars, Cargill sign deals to build over 100 renewable energy projects; Novata acquires sustainability reporting solutions provider Atlas Metrics; EU to delay sustainability reporting standards for non-EU companies; Google launches carbon footprint reporting for advertisers; capital raises for ESG data solutions, home batteries, carbon removal; Carlyle, CalSTRS launch partnership to co-invest in climate solutions; Singapore guides companies to avoid greenwashing risk, 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 Rolls Out Carbon Footprint Reporting for Advertisers
Mars, Cargill Signs Agreements to Build Over 100 Solar Projects in Europe
Guest Post: Good for the Planet and Good for Profits, Sustainability is Simply Good Business
TotalEnergies, Veolia Launch New Collaboration on Energy Transition, Circular Economy
Microsoft Signs 20-Year Renewable Energy Deals in Japan
Nestlé, Mars, Other Companies Warn Against Another Delay to EU’s Supply Chain Deforestation Law
Government & Regulators
EU Parliament Lawmakers Reach Deal on Bigger Cuts to Sustainability Reporting and Due Diligence Laws
Singapore Releases Anti-Greenwashing Guidance for Companies
ESG Reporting
EU to Delay CSRD Sustainability Reporting Standards for non-EU Companies
ESG Services and Tools
Worldly Acquires Apparel Sector Sustainability Data Platform GoBlu
ISO Launches New Biodiversity Standard
Novata Acquires Sustainability Reporting Solutions Provider Atlas Metrics
Diginex Acquires ESG Data Provider Matter from Nasdaq
Sustainable Finance
Goldman Sachs’ Biomethane Platform Verdalia Raises $780 Million to Build Projects Across Italy and Spain
Private Equity & Venture Capital
Morgan Stanley Backs Corvus Energy to Decarbonize Maritime Sector
Home Energy Storage Startup Base Power Raises $1 Billion
Carlyle, CalSTRS to Co-Invest in Climate Solutions
Vycarb Raises $5 Million to Capture and Store CO2 in Water
Brookfield Raises $20 Billion for Largest-Ever Energy Transition Fund
Sunhat Raises $10.8 Million to Help Businesses Prove and Verify ESG Data
Exec Moves
Nuveen Appoints Costas Papamantellos as Head of Energy Transition Investments