ESG Today: Week in Review

This week in ESG news: EU publishes final revised sustainability reporting standards; Glass Lewis merges with Clarity AI to form unified stewardship and sustainability data platform; Bain survey finds rebounding consumer concern on sustainability, increasing sustainable consumption behavior; Schroders launches new framework to identify and assess climate adaptation investment opportunities; EU to launch sustainability criteria, labels for data centers; Germany unveils plan to exit fossil fuels by 2045; New York’s inaugural ESG bond offering; MSCI’s new Head of Sustainability, 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

Meta Backs Plastic Recycling Technology Startup MacroCycle

Microsoft, PepsiCo Join Largest-Ever U.S. Electric Truck Order from Tesla

ADM Enters Carbon Removal Market with Over 800,000 Ton-per-year Capacity

Beyond Greenwashing: Navigating the EU Directive on Green Claims

Levi Strauss, M&S, Schneider Electric Launch Fashion Supply Chain Clean Energy Initiative

Consumer Concern About Sustainability Increases for First Time in 3 Years: Bain Survey

Mombak Launches $150 Million Amazon Reforestation Fund, Signs Carbon Removal Deal with Salesforce

The Green Skills Gap is the Missing Link in the Energy Transition

Government & Regulators

Germany, Austria, Luxembourg Commit Over €2 Billion to Back Development of eSAF Market

Canada Looks to Enter International Carbon Market

Germany Releases Roadmap to End Use of Fossil Fuels by 2045

EU to Launch Mandatory Sustainability Labels for Data Centers

Sustainability Reporting

EU Publishes Final Revised European Sustainability Reporting Standards in Official Journal

ESG Services and Tools

Osapiens, ERM Partner to Provide Joint Sustainability Data and Advisory Offering

Proxy Advisor Glass Lewis Merges with Clarity AI to Build Sustainability Data and Stewardship Platform

Verdane Invests in Environmental Markets Platform Xpansiv

Sustainable Finance

New York Raises $319 Million in Inaugural ESG Bond Offering

Sustainable Investing

Schroders Launches New Framework to Identify, Assess Climate Adaptation Investment Opportunities

Private Equity & Venture Capital

Energy Revolution Ventures Launches $50 Million Electrification Venture Fund

Ares Acquires 80% Stake in $800 Million U.S. Solar and Battery Portfolio from EDPR

Metris Raises $5 Million to Scale AI-Powered Renewable Energy Asset Management Platform

Morgan Stanley Climate Fund Backs Residential Clean Energy Solutions Provider Amber Electric

Pulse Fund Raises $63 Million to Back Climate Solutions Startups Across Interconnected Sectors

Exec Moves

MSCI Appoints Sonia Kim as Head of Sustainability

Federated Hermes Appoints Martin Jarzebowski as Head of Thematic & Responsible Investing