This week in ESG news: Energize Capital raises $430 million for new climate solutions venture fund; BlackRock escapes Texas’ anti-ESG divestment list; Oxford launches new sustainability reporting course for finance, accounting execs; survey finds investors are quietly sticking with sustainable investment approaches; Schneider Electric’s new Chief Sustainability Officer; Nippon Steel commits $6 billion to green steel transition; Meta deal extends life of major nuclear project by 20 years; DuPont hits new clean energy milestone; Trump admin blocks use of ESG factors in pension investment, cancels $3.7 billion in clean energy awards; new supply chain decarbonization solutions partnership by Bain, Terralytiq; capital raises for carbon removal, fusion energy tech; sustainable aviation fuel production to double this year, 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
Nippon Steel to Invest $6 Billion to Decarbonize Steelmaking
Infosys Sets New Goal to Remove More Carbon than it Emits by 2030
Honeywell, Johnson Matthey, GIDARA and Samsung Launch Alliance to Accelerate, Reduce Cost of SAF Production
DuPont Reaches 100% Renewable Electricity Across Europe
Meta Signs Deal to Extend Life of Nuclear Plant for 20 Years to Power AI Growth
Global Sustainable Aviation Fuel Production to Double in 2025, IATA Says
TotalEnergies Acquires 435 MW UK Renewables Portfolio from Low Carbon
Government & Regulators
Trump Administration to Overturn Rule Allowing Retirement Plans to Consider ESG Factors
Trump Administration Cancels $3.7 Billion Awards for Clean Energy Projects
ESG Reporting
Oxford, AICPA & CIMA Launch New Sustainability Reporting Course for Finance, Accounting Professionals
ESG Services and Tools
Bain, Terralytiq Partner to Provide Supply Chain Decarbonization Solutions
Sustainable Finance
Blended Finance Initiative SCALED to Launch Platform for Private Capital in Emerging Markets
IFC Invests $100 Million in TPG’s Global South-focused Climate Solutions Strategy
Private Equity & Venture Capital
Macquarie, BCI Acquire Waste-to-Product Recycling Company Renewi
Direct Air Capture Startup Aircapture Raises $50 Million to Remove and Re-use CO2 at Industrial Sites
Google Backs TAE Technologies to Help Commercialize Fusion Energy
TPG Acquires Energy Software and Data Analytics Platform Aurora
Energize Capital Raises $430 Million for Climate Solutions Venture Fund
Sustainable Investing
Vast Majority of Investors Sticking with Sustainable Investing, But Quietly, BNP Paribas Survey Finds
BlackRock Removed from Texas Boycott List After Leaving Climate Groups
STOXX, ICE Launch New Suite of Paris Agreement-Aligned Fixed Income Climate Indices
Exec Moves
Schneider Electric Appoints Esther Finidori as New Chief Sustainability Officer
T. Rowe Price Appoints Matt Lawton as Head of Impact Fixed Income
