This week's ESG roundup covers a wide stretch of policy and finance news. The UK's FCA dropped mandatory IFRS-based climate reporting in favor of a comply-or-explain approach, while new EU anti-greenwashing rules entered into force. ISO's proposed net zero standard failed its initial vote, which shows how hard it is to get broad agreement on voluntary climate standards. Canada's sustainable finance taxonomy also faces pushback over oil and gas inclusion. On the deals side, FedEx signed a $300 million electric truck agreement with Harbinger, and Amazon signed a 20 year PPA with Constellation to upgrade and extend a nuclear plant. Salesforce signed carbon removal deals with eight early-stage suppliers. Italy's green bond drew a 110 billion euro order book, while NYC's comptroller proposed $5 billion in private markets climate investments. The list also includes new reporting standards from GRI, a Schneider Electric partnership aimed at SME decarbonization, and several clean energy platforms in India and Europe. If you follow sustainable finance or corporate climate commitments, this is a solid weekly snapshot.
