ESG Today: Week in Review - Feb 25, 2024

U adopts new law against greenwashing; Walmart reaches 1 billion ton supply chain emissions reduction milestone; S&P forecasts $1 trillion sustainable bond market in 2024; and more.

This week in ESG news: EU adopts new law against greenwashing; Walmart reaches 1 billion ton supply chain emissions reduction milestone; S&P forecasts $1 trillion sustainable bond market in 2024; Airbus, TotalEnergies launch sustainable aviation fuel partnership; Verizon invests $1 billion in renewable energy; EU lawmakers agree to certification system for carbon removal projects and credits; Microsoft signs 350,000 tonne nature-based carbon removal deal; Singapore to require SAF use on all departing flights; Rio Tinto signs largest-ever renewables deal in Australia; capital raises for industrial decarbonization, carbon removal, green hydrogen, battery materials, geothermal energy tech, 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

Walmart Hits Goal to Reduce 1 Billion Tons of Supply Chain Emissions 6 Years Ahead of 2030 Target

Microsoft Signs Deal to Remove 350,000 Tonnes of Carbon Through Agroforestry

Rio Tinto Signs Australia’s Largest-Ever Clean Energy Deal

Zalando to Remove Misleading Product Sustainability Claims in Deal with EU Commission

Airbus, TotalEnergies Launch New Sustainable Aviation Fuel Partnership

Guest Post: Leveraging ESG to Future-Proof Corporate Performance

Guest Post: How to Unlock the Full Potential of Corporate Finance for Climate


Government & Regulators

EU Adopts New Law to Protect Consumers Against Misleading Green Claims

California Approves $1.9 Billion Investment in Clean Transportation Infrastructure

EU Lawmakers Agree to Establish Carbon Removal Certification System

Singapore to Require Sustainable Aviation Fuel Use on All Departing Flights from 2026


ESG Reporting

Malaysia Launches Consultation on Adoption of IFRS Sustainability Reporting Standards


ESG Services and Tools

SIX Launches Solution Enabling Banks to Assess Sustainability of Small Businesses in their Loan Books


Sustainable Finance

Verizon Invests $1 Billion Green Bond Proceeds in Renewable Energy Development Projects

S&P Forecasts $1 Trillion Sustainable Bond Issuance in 2024


Private Equity & Venture Capital

Industrial Decarbonization Startup AtmosZero Raises $21 Million for Zero Carbon Emissions Steam Solution

Climate Tech Startup Clairity Raises $6.75 Million to Scale Direct Air Capture Carbon Removal Solution

Clean Energy Provider GeoPura Raises $70 Million to Accelerate Green Hydrogen Buildout

Sustainable Battery Materials Provider Ascend Elements Raises $162 Million to Build new US Plant

Clean Energy Startup Sage Geosystems Raises $17 Million for New Geothermal Energy Storage Plant


ESG Investing

LOIM Wins £5 Billion Sustainability-Focused Investment Mandate from Nest

Schroders Expands Impact Investing Lineup with New SDG-Focused Global Equity Fund

BNP Paribas AM Launches New Suite of Active ESG Bond ETFs


Exec Moves

Medtronic Appoints its First Chief Sustainability Officer

AIB Appoints Paul Travers as Managing Director of New Climate Capital Unit


More By This Author:

S&P Forecasts $1 Trillion Sustainable Bond Issuance In 2024
HSBC, Google Partner To Finance And Grow Climate Tech Companies
Barclays Ends Direct Financing For New Oil And Gas Projects

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