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ESG Today: Week in Review

ESG Today

This week in ESG news: COP28 ends with first-ever agreement to transition away from fossil fuels; BlackRock identifies the low carbon transition as a 2024 investment “mega force”; BCG signs 15-year deal to capture carbon from atmosphere; EU lawmakers reach landmark deal on law to address human rights & environmental impact in corporate value chains; (..)

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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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ESG Today: Week in Review

ESG Today

This week in ESG news: EU adopts new law against greenwashing; Walmart reaches 1 billion ton supply chain emissions reduction milestone; S&P forecasts $1 trillion sustainable bond market in 2024; Airbus, TotalEnergies launch sustainable aviation fuel partnership; Verizon invests $1 billion in renewable energy; EU lawmakers agree to certification (..)

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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 Google to Address Business Travel Emissions with Sustainable Aviation Fuel Purchases Bayer, GenZero and Shell Launch Program to Address Emissions from Rice Farming Siemens Enters U.S.

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ESG Today: Week in Review

ESG Today

Apple to Track Suppliers’ Emissions, Targeting a Decarbonized Supply Chain by 2030. UK Regulator Targets Greenwashing with New Sustainable Investment Labels and Disclosure Rules. Greenwashing Top of Mind for Execs, as War & Inflation Threaten Corporate Climate Progress: Deloitte. Government & Regulators.

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ESG Issues to Increase Credit Risk in 2023: Moody’s

ESG Today

On the decarbonization front, Moody’s highlights the pressures likely to face sectors that are highly exposed to carbon transition risks that have yet to disclose detailed transition plans, such as oil and gas, mining and agriculture. Click here to access Moody’s 2023 ESG Outlook.

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SBTi Clarifies that “No Change Has Been Made” to Use of Carbon Credits in Net Zero Plans Following Backlash

ESG Today

In another letter, not seen by ESG Today, but reported by media outlets including Reuters and The Guardian , staff said that it would work against allowing the SBTi to “become a greenwashing platform,” and called for the resignation of the CEO and board member supporting the new policy.