ESG Today: Week in Review

This week in ESG news: Over 80% of investors expect climate risk to impact asset prices – survey; SEC drops investigation into BlackRock, State Street with warning to investors over climate groups; HSBC launches loans with rates tied to ESG scores for smaller businesses; 78% of companies increased sustainability investments in the past year – Deloitte survey; Google signs 20-year multistate nuclear power deal; South Korea launches $750 billion decarbonization and energy transition plan; EY launches climate resilience hub in Singapore; 21 states sue to strike down Trump administrations repeal of emissions limits for power sector; Deutsche Telekom appoints its first Chief Sustainability Officer, 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

Amazon, Microsoft Partner on 750 Million Liter Water Replenishment Project

Pulpex Opens its First Commercial Scale Paper-Based Bottle Manufacturing Plant

Constellation Signs 20-Year Deal with Google to Unlock 890 MW of New Nuclear Capacity

Over Three Quarters of Companies Increased Investment in Sustainability Over Past Year, Citing Higher ROI: Deloitte Survey

How Environmentally Damaging are Data Centres, Really?

Amazon Commits Over $1 Billion to Workforce Education, Energy, Water Solutions in Data Center Communities

Government & Regulators

South Korea Launches $750 Billion Decarbonization Strategy

SEC Drops Investigation into BlackRock, State Street, with a Warning Over Participation in Climate Groups

21 States Sue to Strike Down Trump Administration’s Repeal of GHG Rules for Power Plants

Sustainability Reporting

EFRAG Sustainability Reporting Board Chair Kerstin Lopatta Steps Down After 5 Months

ESG Services and Tools

ISEP Launches Multi-tier Carbon Accounting Professional Accreditation System

EY Launches Climate Resilience Hub in Singapore

Sustainable Finance

HSBC Launches Loans with Rates Tied to ESG Scores for European Small, Medium Businesses

Zelestra Secures $350 Million Green Financing to Build U.S. Solar Project Backed by Meta

MUFG Launches Green Deposit Offering for EU Businesses

Rezolv Energy Secures $630 Million to Build the EU’s Largest Onshore Renewable Energy Project

Hong Kong Issues Record $2.6 Billion Digital Green Bond

Sustainable Investing

82% of Investors Expect Climate Risks to Impact Asset Prices Over Next Decade: Robeco Survey

Private Equity & Venture Capital

Virtual Power Plant Platform Voltus Raises $225 Million

CIP Invests in Via Verde to Enter Italian Biomethane Market

Eurazeo Acquires Water Loss Solutions Platform Miya Water

Aviva Investors, ABN AMRO Invest €100 Million in Circular Concrete Platform SL Materials

Type One Raises $200 Million to in race Build First-Ever Commercial Fusion Power Plant

Reclinker Raises $13 Million to Recycle Construction Waste into Low Carbon Cement

Novele Raises $17 Million to Turn Buildings into Distributed Energy Assets

CIP, Grok Ventures Back One of the Largest-Ever Battery Storage Systems in U.S.

CIP Scores Over $1.3 Billion Commitment from NBIM for New Clean Energy Infrastructure Fund

Exec Moves

Deutsche Telekom Appoints Robert Metzke as Chief Sustainability Officer

LEGO Owner KIRKBI Appoints Craig Arnold as Head of Circular Plastics

Schneider Electric Appoints Lena Henry as New Head of Energy and Sustainability Consulting Business