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ESG Today: Week in Review

ESG Today

Solar Developer Pine Gate Raises $650 Million ESG Investing Bloomberg Launches Sustainability Screening Tool for Investors Exec Moves IBM Appoints Christina Shim as New Chief Sustainability Officer Million Carbonfact Raises $15 Million for Emissions Reporting Solution for Fashion Industry U.S.

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Investors Caught Between Greenwashing and Green Blushing

Chris Hall

The global investment community is walking a “tightrope” between greenwashing and green blushing as it strives to stay abreast of regulatory developments that continuously ramp up accountability on sustainable investing, industry sources have sad.

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DWS CEO Quits Over Greenwashing Accusations

Chris Hall

Yesterday’s raids by German police follow action brought against the firm by the US Securities and Exchange Commission (SEC), relating to evidence provided by former Chief Sustainability Officer Desiree Fixler that DWS exaggerated the extent to which ESG principles were followed in funds marketed as sustainable.

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ESG Today: Week in Review

ESG Today

Billion for Sustainable Food Chain Fund Infrastructure Tech Startup Neara Raises $24 Million to Help Utilities Deploy Renewable Energy, Reduce Climate Risk InterContinental Energy Raises $115 Million to Develop Green Hydrogen Projects

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Individual Investors in the U.S. Outpace Their Global Peers in Sustainable Investing

3BL Media

Europe, and Japan, “close to 80% of individual investors believe that it is possible to balance market rate returns with a focus on sustainability,” notes Jessica Alford, chief sustainability officer of the company. The survey was conducted by Morgan Stanley Wealth Management and the Institute for Sustainable Investing.

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ESG Today: Week in Review

ESG Today

See below for the highlights of the past week, and get all your ESG news at ESG Today: Sustainability Goals, Initiatives and Achievements Boeing Announces Public Launch of Data Tool to Assess Aviation Decarbonization Solutions Carbon Removal Buyers Group Frontier Announces First $53 Million Offtake Agreement Svante, 3M Partner to Develop Material to (..)

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How Tracking GHG Emissions Accelerates Value and Strengthens Companies

3BL Media

SUMMARY: James Mandel, Blackstone’s Chief Sustainability Officer, and Jake Shirmer, a Principal in Portfolio Operations, explain why tracking greenhouse gas emissions is neither greenwashing nor a compliance checkbox. Rightly understood, then, tracking GHG emissions is neither greenwashing nor a compliance checkbox.