Vale partners with GIP in $1B renewable energy joint venture. Vale announced Monday it will sell a 70% stake in its Brazilian renewable energy arm, Alianca Energia, to U.S.-based investment...
Schroders Greencoat, the specialist renewables manager within Schroders Capital, acquired a 49% share in Repsol’s 400 MW renewable portfolio, valued at €580 million. The portfolio consists of eight wind farms...
The British Standards Institution (BSI) has introduced groundbreaking government-backed standards, the Overarching Principles Standard (BSI Flex 701), to boost investment in nature-friendly projects across the UK. This pioneering standard—the first...
Iberdrola has successfully issued a €400 million green bond indexed to its share price, maturing in five years with a coupon rate of 1.5%. This bond allows investors to exercise...
JLL announced today it has agreed to acquire Javelin Capital, a North America-based investment banking firm specializing in renewable energy. The move significantly expands JLL’s capabilities within the U.S. Energy...
Sarasin & Partners, a leading investor co-leading climate negotiations with Equinor, has fully divested its holdings, criticizing the oil major’s failure to align its strategy with the Paris Agreement’s climate...
Hong Kong Exchanges and Clearing Limited (HKEX) announced achieving carbon neutrality across its global operations by the end of 2024, marking a key milestone in its climate action strategy. Paul...
Allianz demonstrated substantial progress on its climate strategy in fiscal year 2024, positioning itself as a benchmark in sustainability reporting and business resilience. The publication of the insurance industry’s first...
Watch Jon Gosier Discuss Film & TV Funding with ESG News – Now Available for Streaming. At the World Economic Forum, Jon Gosier, CEO of FilmHedge, sat down with ESG...
JTC, a publicly listed global professional services firm, has announced a strategic partnership with Novata, a sustainability technology company, to strengthen its sustainability services for asset managers and investors. The...
Clarity AI launched an AI-powered sustainability solution to transform ESG analysis, providing investment teams with real-time, automated insights instead of outdated, fragmented reports. Why it matters: Current ESG research is...
Brookfield Renewable announced plans to issue C$450 million in Series 19 Green Notes due October 12, 2035, with a 4.542% annual interest rate. Brookfield Renewable Partners ULC, a subsidiary, will...
Morningstar Sustainalytics has appointed David Pagliaro as Chief Strategy & Product Officer, tasked with overseeing global product strategy and execution. He will report to Ron Bundy, CEO of Morningstar Indexes...
M&G Investments has announced that its Sustain Paris Aligned fund range will adopt the ‘Sustainability Improvers’ label in the UK. The range includes three funds: the M&G Global Sustain Paris...
SSBJ Introduces First Sustainability Disclosure Standards The Sustainability Standards Board of Japan (SSBJ) has officially launched its inaugural Sustainability Disclosure Standards (SSBJ Standards) to enhance corporate sustainability reporting in Japan....
Major Shift in Asset Management The People’s Pension (TPP) has announced a strategic shift in its asset management approach, appointing European asset manager Amundi and U.S.-based Invesco to oversee £28...
I Squared Capital has appointed Ben Harper as Managing Director, Head of Sustainability, reinforcing its commitment to responsible investing. Based in Miami, Harper will lead environmental sustainability, climate risk, and...
Measurabl, the leading sustainability data management platform for real estate, has appointed Aislinn McCarry as Director of EMEA, reinforcing its strategic push to meet surging demand for investment-grade ESG data...
Driving Biodiversity Investment Goldman Sachs Asset Management is introducing its first biodiversity-focused bond fund, expanding sustainable finance options for fixed-income investors. “Most of the existing biodiversity or nature-based solutions funds...
Blackstone announced the final close of its private equity fund, Blackstone Energy Transition Partners IV (BETP IV), at $5.6 billion—the fund’s hard cap. The new fund is approximately 33% larger...
Macquarie’s Clean Energy Play: Macquarie Asset Management (MAM) is making a bold move in the U.S. clean energy market by acquiring the remaining controlling interests in Galehead Development through funds...
Copenhagen Infrastructure Partners (CIP), through its Copenhagen Infrastructure V (CI V) fund, has acquired full ownership of the 480MW Morecambe offshore wind project from COBRA Group and Flotation Energy, a...
KKR, a global investment powerhouse, has entered a strategic partnership with Düsseldorf-based energy service provider EGC, aiming to accelerate EGC’s growth and establish it as a premier decarbonization partner for...
Hong Kong’s Mandatory Provident Fund Schemes Authority (MPFA) is enforcing stricter ESG disclosure requirements on 12 pension fund managers to boost transparency in risk management and investment strategies. The details:...
A strategic approach to sustainability is driving significant business growth, according to the 2025 CFO Sustainability Outlook Survey, which polled 500 CFOs across industries including life sciences, healthcare, manufacturing, retail,...
Berkshire Hathaway’s latest annual report stops short of discussing diversity and inclusion. The report now ends the employee section at “candidates.”Last year, it noted hiring practices were “intended to identify...
Bloomberg Launches MARS Climate to Manage Portfolio Climate Risks Bloomberg has expanded its Multi-Asset Risk Management suite (MARS) with a new module, MARS Climate, designed to help portfolio and risk...
Nikola Corporation, once a beacon of innovation in the electric vehicle (EV) sector, has filed for Chapter 11 bankruptcy protection according to a recent press release issued by the automaker....
CFA Institute’s Net-Zero Roadmap The CFA Institute Research and Policy Center has launched a new guide to support investors in integrating net-zero strategies into their portfolios. The publication, Investment Innovations...
Mizuho Bank and Temasek-owned GenZero announced a partnership to develop transition credits, a financial tool designed to support the early retirement of coal-fired power plants and accelerate the shift to...
Sustainability Gains Momentum in Corporate Finance A new report from Kearney, Staying the Course: Chief Financial Officers and the Green Transition, reveals that CFOs are increasingly prioritizing sustainability investments, with...
The Asian Infrastructure Investment Bank (AIIB) and Saudi Arabia have signed a joint declaration of intent to advance sustainable infrastructure investments across the region. The agreement, formalized at the Conference...
The International Civil Aviation Organization (ICAO) is launching the Finvest Hub, a global platform designed to secure funding for aviation sustainability initiatives. This move, formalized through a Letter of Intent...
Global sustainable bond issuance is projected to hit $1 trillion in 2025, sustaining the momentum from 2024. ESG Challenges Deepen Big picture: The gap between decarbonization goals and real-world implementation...
BlackRock has named Louise Kooy-Henckel as its new EMEA Head of Sustainable and Transition Solutions (STS), reinforcing its commitment to ESG-driven investment strategies. Why it matters: Kooy-Henckel’s appointment comes at...
Hydrostor, a leading long-duration energy storage developer, has secured $200 million USD in funding from Canada Growth Fund Inc. (CGF), Goldman Sachs Alternatives, and Canada Pension Plan Investment Board (CPP...
HSBC Asset Management’s Energy Transition Infrastructure (ETI) team has taken a strategic stake in SP Mobility, an SP Group company leading Singapore’s EV charging infrastructure. Why it matters: Singapore is...
Belgium-based Junction Growth Investors announced the successful closing of its first fund at €115M, surpassing its initial goal despite market challenges. The fund targets growth and buyout capital for European...
Allied Properties Real Estate Investment Trust announced a $450 million green bond offering on a private placement basis across Canada. The debentures, issued under Allied’s Green Financing Framework, will bear...
Driving Renewable Growth ContourGlobal has successfully closed its first corporate-level Green Bond issuance, securing over $1 billion to accelerate its renewable energy expansion and carbon reduction efforts. Where the Funds...
Morgan Stanley Infrastructure Partners (MSIP) has made a strategic investment in Torch Clean Energy, a U.S.-based solar and storage developer, to expand and evolve its business model. The investment allows...
The transition to a net-zero economy presents both unparalleled investment opportunities and significant financial risks. By 2050, the energy transition could generate $53 trillion in clean energy and infrastructure investments,...
Investors managing a combined €6.6 trillion in assets are calling on the European Commission to uphold the integrity of the EU’s sustainable finance framework. Concerns are mounting that the upcoming...
Manulife Forest Fund Manulife Investment Management Closes $480M Forest Climate Fund Key Takeaways: Manulife Investment Management has completed the third and final close of its $480.1 million Manulife Forest Climate Fund,...
Colesco’s First Close Secures Over €800M Colesco Capital, a sustainability-led direct lender, has achieved a significant milestone, raising over €800 million in its first platform close. APG and Rabobank, both...
Schroders, a leading global active investment manager, announced its intention to adopt all four of the Financial Conduct Authority’s (FCA) Sustainability Disclosure Requirements (SDR) labels, covering 16 funds. This move...
BlackRock has launched the BFM Brown to Green Materials Fund, a UK-domiciled mutual fund designed to accelerate the decarbonisation of industries critical to the low-carbon transition. This includes sectors like...
The Securities and Exchange Commission (SEC) has strengthened its ESG Product Platform by incorporating critical details about Sustainable and Responsible Investing (SRI) Funds, enhancing access to sustainability-themed financial products. This...
Orennia Inc. has announced the successful close of its Series C growth financing round, led by Decarbonization Partners—a collaboration between BlackRock and Temasek—alongside contributions from existing investors. The funding will...
“Film and television finance (media production lending) is an emerging asset class that institutional investors want to better understand,” commented Jon Gosier, CEO of FilmHedge. “Our conversations at Davos have...
Expanded ESG Framework The SSE, under the China Securities Regulatory Commission (CSRC), released Guide No.4 for listed companies and Guide No.13 for the STAR Market. These documents enhance the implementation of Guidelines No.14, introduced earlier,...
Gravity, a leading carbon accounting and energy management platform, announced a $13 million Series A funding round, led by Ansa Capital and joined by Eclipse, Hanover, Caffeinated Capital, and other...
Algebris Investments has launched its first venture capital fund, Algebris Climatech, with an initial close of approximately €60 million. Institutional investors, including major Italian pension funds and CDP Venture Capital,...
Aegis Energy has secured a £100M investment from Quinbrook Infrastructure Partners to build the UK’s first clean, multi-energy refuelling hubs for commercial vehicles. The hubs will support fleets transitioning to...
The Clean Energy Finance Corporation (CEFC) has announced a $100 million investment in a pioneering build-to-rent (BTR) strategy led by AXA IM Alts. This initiative integrates clean energy technologies to...
The Climate Investment Funds (CIF) Capital Markets Mechanism (CCMM) made a historic market debut with a $500 million inaugural bond. The bond, rated AA+/Aa1 by Fitch and Moody’s, drew global...
Schroders has been entrusted with a £5.2 billion sustainable investment mandate by UK wealth manager St. James’s Place (SJP), marking a significant endorsement of Schroders’ sustainable and active investment expertise....
The National University of Singapore (NUS), in partnership with Northern Trust and UOB, has unveiled a groundbreaking initiative to tokenise green bond reporting credentials, a first for Singapore’s higher education...
S&P Global Commodity Insights reports a significant milestone in clean energy: cleantech investments, including renewable power, green hydrogen, and carbon capture, will surpass upstream oil and gas spending in 2025,...
ISS ESG’s First Natural Capital Report: ISS ESG, the sustainable investment arm of ISS STOXX, released its inaugural report from the Natural Capital Research Institute: The Root Cause of Nature...
Lauren Smart has been appointed Head of S&P Global Sustainable1, taking on the leadership role as the business merges with S&P Global Commodity Insights to create an expanded Energy Transition...
Philippine’s SEC Issues Draft Framework for Green Equity Offerings The Philippine Securities and Exchange Commission (SEC) has unveiled a draft memorandum circular outlining the Green Equity Guidelines, a framework designed...
Mizuho Securities, in collaboration with Blue Sky Solar, is pioneering renewable energy funding in Japan through private security token issuance (STO). This marks Japan’s first-ever tokenized infrastructure private equity fund,...
Heidrick & Struggles has expanded its Climate & Sustainability Practice, reinforcing its commitment to global leadership in climate solutions. The expansion, led by Global Head Scott Atkinson, adds four senior...
The Johannesburg Stock Exchange (JSE) is revamping its Sustainability Disclosure Guidance to reflect the finalized IFRS S1 and IFRS S2 standards issued by the International Sustainability Standards Board (ISSB) and...
JSW Energy, led by billionaire Sajjan Jindal, has announced a $1.47 billion acquisition through its JSW Neo Energy unit to buy renewable energy platform O2 Power’s subsidiaries. This significant deal...
Poland’s state development fund, PFR SA, is positioning itself as a key player in the country’s energy transition by becoming an anchor investor in green bond sales. This move is...
Morgan Stanley Infrastructure Partners (MSIP), part of Morgan Stanley Investment Management, has announced the sale of its 50% ownership stake in Höegh Evi Ltd. to funds managed by Igneo Infrastructure...
What’s happening: Trrue, an Ireland-based layer-1 blockchain focused on ESG compliance and real-world asset tokenization, has secured a $10 million investment commitment from GEM Digital, a Bahamas-based $3.4 billion alternative...
DP World has become the first company in the Middle East and North Africa (MENA) region to issue a Blue Bond, raising $100 million for sustainable maritime and water-focused projects....
Vanguard Renewables has appointed Michael O’Laughlin as its Chief Executive Officer, tasking him with accelerating the national growth of its Farm Powered® anaerobic digestion platform. O’Laughlin, an experienced leader in...
Google has signed a 15-year power purchase agreement (PPA) with Copenhagen Infrastructure Partners (CIP) to secure 250MW of wind power from the Zeevonk project, a groundbreaking renewable energy initiative in...
Invesco Unveils Climate-Focused ETF Invesco Ltd. has launched the Invesco MSCI North America Climate ETF (KLMN), which debuted on the New York Stock Exchange with $2.4 billion in assets from...
Iberdrola and Kansai Team Up on Offshore Wind Iberdrola, a global leader in renewable energy, has partnered with Kansai Electric, Japan’s second-largest utility, in the €1.28 billion Windanker offshore wind...
Launching the CCIC Microsoft and Acadia Infrastructure Capital have partnered to launch the Climate and Communities Investment Coalition (CCIC), targeting a $9 billion pipeline of renewable energy projects across the...
A new EY Institutional Investor Survey highlights growing skepticism and inaction within the investment community regarding ESG (Environmental, Social, and Governance) priorities. Investors wary of ESG reporting The survey of...
DWS has announced the first close of its ESG Infrastructure Debt Strategy (EIDS), securing €323 million from institutional investors across EMEA and APAC. This milestone highlights growing demand for sustainable...
Why it matters: The Asian Development Bank (ADB) is supporting innovative financial tools like sustainability-linked bonds (SLBs) to accelerate climate action in Thailand and across Asia. These bonds tie financial...
Abu Dhabi Finance Week (ADFW) 2024 commenced today under the patronage of His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of...
London, Dec 6, 2024 (ESG NEWS) – Qatar has officially launched the trading of its first green bonds on the London Stock Exchange (LSE), marking a milestone in the nation’s...
A recent survey conducted by the Morgan Stanley Institute for Sustainable Investing reveals that the majority of institutional investors anticipate significant growth in sustainable assets over the next two years....
Mirova, a sustainability-focused investment manager under Natixis Investment Management, has launched an integrated real assets platform combining its Energy Transition Infrastructure, Natural Capital, and Private Equity businesses. The platform, effective...
ConnectDER, a leader in home energy technology, has raised $35 million in Series D funding to advance its electrification solutions. The funding, led by Decarbonization Partners—a joint venture of BlackRock...
ADNOC has unveiled XRG, a transformational international investment company with an enterprise value exceeding $80 billion. The independently operated venture focuses on lower-carbon energy and chemicals, aiming to double its...
Matthew Chan has joined Flint Global as a Partner in their Asia Pacific team based in Hong Kong. Chan comes from J.P. Morgan, where he established the firm’s Corporate Sustainability...
CBRE IM strengthens sustainability leadership CBRE Investment Management (CBRE IM) has named George Crone as Sustainability Lead for UK Direct Investments, reinforcing its commitment to achieving net-zero and advancing its...
IFC champions biodiversity with landmark green bond The International Finance Corporation (IFC), part of the World Bank Group, issued a green Kangaroo bond worth AUD 700M to close the biodiversity...
Fiona Reynolds, Executive Director for PRI interview with David Nelson at Sustainable Stock Exchange Initiative (NYSE)
Welcome back to the ESG News Week In Review! To get ESG News’s full ‘ESG News Week In Review’ and ESG News Daily email newsletter, subscribe here. Follow ESG News on LinkedIn ESG NEWS...
BNP Paribas’ Shift Towards Sustainable Investing In a November strategy update, BNP Paribas Asset Management announced it would cease investments in new bonds issued by oil and gas exploration and...
Blackstone and Santander Corporate & Investment Banking have announced an agreement where funds managed by Blackstone Credit & Insurance (BXCI) will acquire interests in a $1 billion portfolio of high-quality...
Equinix, Inc., the world’s digital infrastructure company, has strengthened its commitment to sustainability by issuing an additional €1.15 billion in green bonds. Following over $750 million issued in September 2024,...
Hilkka Komulainen Leads Sustainability and Impact Initiatives Quinbrook Infrastructure Partners has named Hilkka Komulainen as its new Global Head of Sustainability and Impact, effective November 25, 2024. Komulainen, based in...
Empowering Investors with Data-Driven Insights ISS ESG, the sustainable investment arm of ISS STOXX, has unveiled a new customizable Climate Impact Report. Designed for institutional investors, the report aims to...