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