ESG Today: Week in Review

This week in ESG news: GHG Protocol, ISO to launch unified carbon accounting standards; ECB to adjust value of corporate loans as collateral for climate risk; NTAM loses $160 million mandate to Amundi over exit from climate groups; EFRAG releases proposed CSRD sustainability reporting standards for non-EU companies; Nordea launches new sustainable equity funds; Deutsche Bank reports strongest sustainable finance quarter in over 4 years; Singapore releases proposed ISSB-based sustainability reporting standards; companies oppose tougher Scope 2 reporting rules; Schneider Electric acquires grid resilience solutions provider AiDASH, 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

Schneider Electric Acquires Grid Resilience Solutions Provider AiDASH for $350 Million

NTT Data, Engie Launch Clean Energy Partnership to Decarbonize Global Data Center Footprint

Mercedes-Benz Signs Deal for Low Carbon Aluminum for Cars

Tesla Buys Entire Output of New Texas Solar Plant

TotalEnergies to Appeal Court Ruling Ordering it to Address Climate Risks from Use of its Products

DHL, LONGi Partner on Renewable Energy Deployment, Lower Emissions Logistics

Dassault Sets SBTi-Approved 2050 Net Zero Target

Government & Regulators

ECB Expands Application of Climate Risk Factors in Collateral Framework to Corporate Loans

Sustainability Reporting

Vast Majority of Companies Oppose Tougher GHG Protocol Scope 2 Reporting Proposals

ISO, GHG Protocol to Launch a Single Unified Carbon Accounting Standard

CDP Launches AI Tool to Enable Faster, Easier Sustainability Reporting

Singapore Releases Proposed ISSB-Aligned Sustainability Reporting Standards

EFRAG Releases Proposed CSRD Sustainability Reporting Standards for Non-EU Companies

ESG Services and Tools

EcoVadis, Novata Partner to Help Companies, Investors Measure Scope 3 Emissions

Deepki Acquires Real Estate Electrification AI Startup Camion

Sustainability’s Next Challenge Isn’t Reporting – It’s Building Better Data

Verra, S&P Global Launch New Carbon Project Registry

TÜV SÜD Acquires Climate Impact Verification Platform SustainCERT

Sustainable Finance

Deutsche Bank Reports Strongest Sustainable Finance Quarter in Over 4 Years

Sustainable Investing

Northern Trust Loses $160 Million Mandate to Amundi Over Exit from Climate Groups

Nordea Launches New Sustainable Equity Funds

Private Equity & Venture Capital

Thermal Battery Provider Antora Raises $550 Million to Power Industry, Data Centers

Bill Gates’ Breakthrough Energy Backs Low-Cost Synthetic Jet Fuel Platform Lydian

Commonwealth Raises $1 Billion to Accelerate Path to Commercial Fusion Energy

Goldman Sachs Acquires RWE’s U.S. Distributed Clean Energy Business

“Waste Intelligence” Startup Greyparrot Raises $27 Million

Nuclear Turbines Raises $20 Million to Bring Down Cost of Nuclear Energy Using Gas Turbine Technology

GenZero Backs Clean Energy Infrastructure Platform PCG Global

Exec Moves

JPMorgan AM Appoints Leslie Rich as Global Head of Sustainable Investing Research Insights