ESG Today: Week in Review – ESG Today

This week in ESG information: U.S. boards lose deal with ESG, say it’s not the identical as sustainability; Microsoft to restart Three-Mile Island nuclear plant to decarbonize information facilities; IFRS launches information for voluntary utility of ISSB sustainability reporting requirements; Brookfield raises $2.4 billion for rising markets local weather transition fund; LEGO Group will increase use of sustainable supplies in bricks; Schneider Electrical, Siemens launch constructing decarbonization options; Demand for inexperienced abilities in workforce outpacing provide, LinkedIn finds; Italy investigates Shein over greenwashing claims; asset homeowners say ESG changing into extra materials to investing course of, Morningstar survey finds; Hong Kong proposes IFRS-aligned sustainability reporting necessities, and extra.

See beneath for the highlights of the previous week, and get all of your ESG information at ESG Right this moment:

Sustainability Objectives, Initiatives and Achievements

TotalEnergies, Shell, Equinor JV Completes World-First Industrial CO2 Storage Challenge in Norway

Microsoft Indicators Cope with UNDO to Seize CO2 Utilizing Rocks and Soil

Masdar Acquires Renewables Developer Saeta from Brookfield for $1.4 Billion

Air France-KLM Indicators Deal for 1.9 Billion Liters of Sustainable Aviation Gas with TotalEnergies

LEGO Group Will increase Renewable Content material in Bricks by 83% in 2024

Trane Commits to Cut back Product Lifecycle GHG Emissions by 40% by 2030

Microsoft Indicators Deal to Restart Three Mile Island Nuclear Plant to Assist Decarbonize Information Facilities

ESG Reporting

IFRS Basis Launches Information to Assist Firms Voluntarily Apply ISSB Sustainability Reporting Requirements

Hong Kong Proposes IFRS-aligned Sustainability Reporting Requirements

Singapore Trade Softens Requirement for Scope 3 Reporting for Smaller Firms

Authorities & Regulators

EU Fee Proposes Carbon Footprint Labels for Flights

Italy Launches Greenwashing Investigation into Shein Environmental Claims

Australia Courtroom Fines Vanguard Document $12.9 Million Over Deceptive Sustainable Investing Claims

ESG Providers and Instruments

Siemens Launches Constructing Decarbonization Modelling and Optimization Resolution

Schneider Electrical Launches Constructing Decarbonization Planning Software

Bloomberg Launches Capabilities to Assist Buyers Assess Firm Local weather Progress and Income Impression

Sustainable Finance

TPG Raises $1.25 Billion for World South-focused Local weather Options Funding Technique

Personal Fairness & Enterprise Capital

Utility World Raises $53 Million for Electrical energy-Free Clear Hydrogen Expertise to Decarbonize Business

Cleantech Startup Ayrton Vitality Raises $7 Million to Deal with Hydrogen Transport and Supply Challenges

CRH, Holcim Make investments $75 Million in Low Carbon Cement Developer Chic

Brookfield Raises $2.4 Billion for Rising Markets-Centered Local weather Transition Fund

Sustainable Investing

FTSE Russell Launches New Local weather Transition-Centered Mounted Earnings Indices

HSBC, Pollination JV Raises Over $1 Billion for Pure Capital Funding Platform

Exec Strikes

Actual Property ESG Information Supplier Measurabl Appoints Maureen Waters as President

Experiences, Research & Surveys

U.S. Boards Deprioritizing ESG, with Most Saying it’s Not the Identical as Sustainability: PwC Survey

Greater than Two Thirds of Asset House owners Say ESG Components Have Turn into Extra Materials: Morningstar Survey

Demand Development for Inexperienced Abilities Greater than Doubling Provide: LinkedIn Research