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ESG News: Week in Review

/ Environmental, Social & Gevernance / By ESG Network

February 2023 Week-1; OPEC Fund contributes $1.5 billion for sustainable development in 2022; Germany pledges $217 million to help Brazil defend Amazon Rainforest; EIB Group commits €17 billion for support of EU energy security and green economy; CIF approves $70 million for Colombia clean energy; EU partners with South Africa to invest €280 million in its green recovery; United, Tallgrass, and Green Plains team to form new SAF technology; Amazon sets record for most renewable energy purchased by a company; Bloomberg reveals companies named to 2023 Gender-Equality Index; EU Commission announces Green Deal Industrial Plan for climate neutrality…

See below for the highlights of the past week:

Sustainability Goals, Initiatives and Achievements

  • T-Mobile Announces 2040 Net-Zero Commitment
  • UniCredit Sets Net Zero Targets for Carbon Intensive Sectors
  • United, Tallgrass, and Green Plains Form Joint Venture to Develop New Sustainable Aviation Fuel Technology Using Ethanol
  • Amazon Sets a New Record for Most Renewable Energy Purchased by a Single Company
  • IBM and NASA Collaborate to Research Impact of Climate Change with AI
  • Lufthansa Group and VARO Energy Sign MoU for Cooperation in the Field of Sustainable Aviation Fuels
  • TotalEnergies and Air Liquide to Develop Over 100 Hydrogen Stations in Europe

Executive Moves

  • FairPrice Group Appoints Chan Tee Seng as First Chief Sustainability Officer
  • AE Industrial Partners Appoints Jennifer Essigs as Head of ESG
  • Sienna Investment Managers Appoints Alix Faure as Head of ESG

ESG Around the World

  • EU Partners with South Africa to Invest €280 Million in its Just and Green Recovery
  • Germany Pledges $217 Million To Help Brazil Defend Amazon Rainforest
  • Sustainable Energy Fund for Africa to Provide $1 Million to Drive Electric Mobility Shift in African Countries
  • Ingka Group Buys Stake in $1.4 Billion Australian Wind Farm
  • TotalEnergies Starts Up its Fourth Solar Power Plant in Japan
  • EU Commission Announces Green Deal Industrial Plan to Support Transition to Climate Neutrality
  • Four West African Nations Get $311 Million from World Bank for Renewables
  • EIB Group Commits Record €17 Billion for Support of EU Energy Security and Green Economy
  • CIF Approves $70 Million for Colombia’s Integration of Clean Energy into the Power Grid

Government & Regulators

  • DOE Invests More Than $130 Million to Lower Nation’s Carbon Pollution

ESG Services & Tools

  • Bloomberg Reveals Companies Named to 2023 Gender-Equality Index
  • Morgan Stanley Investment Management Launches ETF Platform
  • WTW Launches Innovative ESG Analytics Platform

Exec Investing

  • Valero, Darling to Invest $315 Million for One of the World’s Largest Sustainable Aviation Fuel Projects

Sustainable Finance

  • OPEC Fund Contributes US$1.5 Billion for Sustainable Development in 2022, Launches Food Security and Climate Action Plans
  • Vedanta Aluminium Raises $250 Million in Sustainability Linked Loans

Energy Transition

  • ExxonMobil Sets Large-Scale Low-Carbon Hydrogen Plant Start-Up for 2027
  • EDP and Cespa Sign a Partnership to Promote Andalusian Green Hydrogen Valley
  • Plug Power and Johnson Matthey Team to Accelerate the Green Hydrogen Economy
  • Japan’s Sumitomo to Produce Green Hydrogen and Ammonia in Chile
  • LEAG and HH2E to Collaborate on Developing Green Hydrogen Economy in Germany

Social Responsibility & DEI

  • Wells Fargo Announces $50 Million Grant to NAACP to Advance Racial Equity

ESG Reporting

—

ESG Events

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Upcoming Events


Feb


5

February 5 @ 7:30 am – February 7 @ 7:00 pm EST


Higher Education Climate Leadership Summit 2023


Feb


6

2:00 am – 5:00 am EST


2023 ESG and Sustainable Finance Outlook | APAC Edition


Feb


6

February 6 @ 8:00 pm – February 9 @ 3:00 am EST


2nd Annual Sustainability Week Asia


Feb


7

February 7 @ 8:45 am – February 8 @ 1:30 pm EST


ESG & Decarbonizing Real Estate Forum (Winter)


Feb


15

7:00 am – 8:00 am EST


Threading your way out of the policy tangle: coordination for a sustainable and circular textile value chain


View Calendar

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