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DWS Expands Paris Agreement-Aligned ETF Suite

ESG Today

DWS, one of the largest asset managers in Europe, announced the launch of three new climate-focused ETFs for its exchange-traded funds business Xtrackers, expanding its suite of Paris Agreement-focused product series with funds providing exposure to US, European and Japanese equity markets.

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Ceres Releases New Guide To Aid U.S. Food Sector’s Climate Transition Plans As Investors Ramp Up Pressure

3BL Media

The report is part of the Ceres Food Emission 50 initiative, an effort focused on decarbonizing the nation’s food sector. Decarbonizing the U.S. degrees," said Mary Beth Gallagher, Director of Engagement at Domini Impact Investments. “It SOURCE: Ceres. by the end of the decade.

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Sustainable Steel Startup Hybar Raises $700 Million

ESG Today

Demand for low carbon steel is expected to increase significantly, over the next several years, as manufacturers globally aim to decarbonize their supply chains. The global steel industry accounts for 7-9% of global CO2 emissions today, which creates a massive opportunity for Hybar to drive decarbonization at scale.”

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Is Your Mutual Fund or ETF Really “Green” or “Sustainable”? How Do You Know? More Disclosure by Fund Managers and Advisors May Be Coming…

Sustainability Update

S&P Global has issued a report that says only 12 percent of so-called “green” or “environmental” investment funds are on track to meet the global climate goals agreed to at the Paris Agreement / COP 21 meetings in 2015. Only about 12% were on track to meet Paris goals.

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Microsoft CSO Says AI Widens Gap – and Offers Solutions – to Meeting Climate Goals

ESG Today

Microsoft has since announced a series of measures to help address its value chain emissions footprint, including introducing a policy for some of its key suppliers to use 100% carbon-free electricity, and launching a new supplier decarbonization team focused on tackling emissions from cloud and AI operations.

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M&G to Adopt “Sustainability Improvers” Label for Climate-Focused Fund Range

ESG Today

The FCA rules introduce four labels intended to help consumers to differentiate between the sustainability objectives and investment approaches of investment products, including Sustainability Improvers, investing in assets that have the potential to improve environmental and/or social sustainability over time.

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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 Microsoft Signs One of the Largest-Ever Nature-Based Deals to Remove 1.5

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