This week in ESG news: UK plans IFRS-aligned sustainability reporting from 2027; Deutsche Bank’s sustainable finance volumes rebound on “renewed demand”; Anti-DEI crackdown hits Nike; court strikes down Texas’ anti-ESG law as unconstitutional; assets in SFDR Article 8 & 9 funds surpass $10 trillion; EU launches new standard to certify carbon removal projects; CIP acquires Ørsted’s European onshore renewable energy business; Canada scraps zero emission vehicle mandate; capital raises for residential clean energy, fusion tech, nature-based carbon removal; GHG protocol launches standard to track land sector carbon emissions, 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
Stellantis Sells Stake in Multibillion Dollar EV Battery JV to LG Energy Solution for $100
Airbus Signs Clean Energy Deal with TotalEnergies to Decarbonize Operations in Germany, UK
Google Signs 15-Year Offshore Wind Deal to Power AI Infrastructure in Germany
IKEA to Deploy Electric Heavy Duty Trucks to Decarbonize Shipping in Italy
Meta Inks Solar Energy Purchase Agreement with Zelestra in Texas
SBTi Releases New Draft Net Zero Target-Setting Standard for Automotive Sector
38% of Companies’ Emissions Trajectories Are Aligned with Global Climate Goals: MSCI
Amazon Signs Long-term Clean Energy Purchase Deal with RWE in Germany
Iberdrola, NBIM Scale Clean Energy Partnership to 1.5 GW
Holcim Invests in Carbon Capture Tech Company Capsol
Government & Regulators
Canada Drops Zero Emission Vehicle Sales Mandate for Automakers
Nike Hit with Federal Investigation Alleging Discrimination Against White Workers in U.S. DEI Crackdown
Dutch Markets Regulator Tells Banks and Investors to Improve Sustainability Claims
EU Adopts First-Ever Standard for Carbon Removal Projects
Sustainability Reporting
TNFD – Tick-Box Exercise or Genuine Driver of Sustainable Change?
GHG Protocol Launches Carbon Accounting Standard for Land Sector
Managing Sustainability Data in 2026: From Fragmented to Strategic
UK’s FCA Proposes IFRS-Aligned Sustainability Reporting Requirements for Companies Beginning 2027
ESG Services and Tools
Zevero Acquires Climate Solutions and Services Provider Inhabit
Sustainable Finance
Blackstone’s Aypa Power Secures $1.5 Billion to Build Energy Storage Projects Across U.S.
Deutsche Bank Reports Strongest Year for Sustainable Finance Since 2021 on “Renewed Demand”
Sustainable Investing
Texas Judge Strikes Down Law Blacklisting Investment Firms that “Boycott” Fossil Fuel Companies
AUM in Article 8 and 9 Funds Pass $10 Trillion: Morgan Stanley Report
Impax Converts Global Sustainable Infrastructure Fund into ETF
Private Equity & Venture Capital
Mundi Ventures Raises €750 Million for Deep Tech & Climate Growth Fund
Avalanche Energy Raises $29 Million to Develop Desk-sized Fusion Energy Devices
Carbon Removal Project Developer Varaha Raises $20 Million
Lunar Energy Raises $232 Million to Power U.S. Homes with Clean Energy
CIP Acquires Ørsted’s European Onshore Renewables Business for $1.7 Billion
Exec Moves
Kearney Appoints Angela Hultberg as Global Head of Sustainability
