Driving Climate Strategy: A Board’s Role Boards must take decisive actions to realize long-term value from climate strategies and boost stakeholder confidence. Climate Disclosures in Singapore Singapore mandates all listed...
ESG News reports that Chuka Umunna has been promoted to Managing Director, Global Head of Sustainable Solutions, and EMEA Head of Green Economy Investment Banking at JPMorgan. This strategic role...
Brookfield Renewable (NYSE: BEP, BEPC; TSX: BEP.UN, BEPC) has announced a major step in its green financing efforts with the issuance of C$400 million in medium-term notes. The issuance includes...
In a comprehensive study conducted by MSCI ESG Research, the relationship between MSCI ESG Ratings and the cost of capital for corporate equity and debt issuers was analyzed. The study...
Former UK Energy Minister Chris Skidmore has launched Desmos Capital Partners, a new private investment bank focused on supporting clean energy startups. This “boutique” bank aims to raise private capital...
S&P Global Commodity Insights, through Platts, has launched the first independent daily solar photovoltaic (PV) panel price assessments for the US, Europe, and Asia. This initiative aims to provide transparency...
Strategic Investment Blackstone (NYSE: BX) announced a minority investment in Symphony Infrastructure Partners, Australia’s top energy transition infrastructure services platform, through its Blackstone Tactical Opportunities funds. Growth & Acquisitions Founded...
The Green Impact Exchange (GIX) has filed an application with the Securities and Exchange Commission (SEC) to become the first U.S. stock market focused exclusively on the green economy. If...
Eurazeo’s first infrastructure program, including the Eurazeo Transition Infrastructure Fund (ETIF) and a co-investment vehicle, closed at €706 million. This exceeds the initial €500 million target by 40%, only 20...
Brazil’s Treasury and Securities and Exchange Commission (CVM) are set to launch an innovative investment fund consortium aimed at early-stage sustainable ventures. This new vehicle will function similarly to private...
ESG Due Diligence Rising in Priority ESG due diligence is becoming a critical priority for Australian dealmakers, mirroring global trends. According to KPMG’s ESG due diligence study, 71% of investors...
In-Depth Analysis: ASIFMA’s ISSB Standards Report ASIFMA Asset Management Group (AAMG) has unveiled a comprehensive report on the adoption of International Sustainability Standards Board (ISSB) Standards across Asia. This first-of-its-kind...
Canada Growth Fund Inc. (CGF) has announced a strategic partnership with Strathcona Resources Ltd. to develop carbon capture and sequestration (CCS) infrastructure at Strathcona’s oil sands facilities in Saskatchewan and...
ClimeCo, a leader in global decarbonization and environmental solutions, has unveiled ClimeCo NatureLink, an innovative tool designed to enhance impact and clarity in the crowded ESG market. This new platform...
BlackRock Inc., the world’s largest asset manager, updated its decarbonization investment guidelines on July 2, allocating $150 billion for funds screened for energy transition risks and opportunities. Though based in...
Key Statistics from the Report The London Stock Exchange Group’s report on “Investing in the Green Economy 2024” presents a comprehensive analysis of the growth, composition, and financial performance of...
Temasek integrates an Environmental, Social, and Governance (ESG) framework throughout its investment processes, from pre-investment due diligence to post-investment engagement. This approach enables better management of material risks and advances...
Iberdrola, Europe’s leading electricity company, has successfully issued a 10-year green bond worth €750 million. This bond, with a coupon of 3.625%, saw demand exceed €4 billion from over 220...
Boerse Stuttgart Group is expanding its market data offerings to include ESG data for cryptocurrencies, in response to the EU’s MiCA regulation. This regulation mandates crypto asset service providers to...
A coalition of leading Canadian pension funds has submitted a letter to the Canadian Sustainability Standards Board (CSSB), urging it to reconsider proposed exemptions for sustainability reporting. This initiative underscores...
Morningstar Strengthens ESG Leadership with Michelle Cameron Appointment Morningstar has appointed Michelle Cameron as the new Commercial Leader for Sustainalytics, its ESG research and ratings arm. Cameron brings nearly two...
Investors in the UK are prioritizing sustainability and ESG considerations more than ever in their investment processes, according to KPMG’s 2024 Global ESG Due Diligence Report. This shift has significantly...
Schroders released its inaugural Impact Report, highlighting its dedication to impact investing and its commitment to delivering positive societal and environmental outcomes for clients. Key Developments: Impact Framework and Achievements:...
S&P Global Commodity Insights has launched the world’s first daily spot market recycled lithium carbonate price assessments. This pioneering move caters to the growing demand for pricing transparency in the...
American Airlines announced that it has entered into a conditional purchase agreement with clean aviation innovator ZeroAvia for 100 hydrogen-electric engines intended to power regional jet aircraft with zero inflight emissions save for...
BlackRock’s New ESG Tilted ETF BlackRock has introduced the iShares Global Real Estate Environmental Tilt UCITS ETF, a pioneering exchange-traded fund (ETF) designed to integrate environmental, social, and governance (ESG)...
AEW Europe, one of the world’s leading real estate investment and asset managers, announces that it will be one of the first asset managers to adopt the new ‘Sustainability Impact’...
In 2024, the carbon and emissions technology sector has demonstrated remarkable resilience and growth, securing a significant $17.7 billion in venture capital (VC) investments. This comprehensive industry overview, created by...
Bloomberg has launched new tools for investors to measure, manage, and report on the sustainability characteristics of their portfolios. These tools are available in Bloomberg’s portfolio and risk analytics solutions,...
Google is taking a significant step towards its net-zero emissions goal with a new partnership with BlackRock’s Climate Infrastructure business. This collaboration aims to develop a 1 gigawatt (GW) solar...
Invesco Ltd. has launched the Invesco MSCI Global Climate 500 ETF (KLMT) with a substantial $1.6 billion investment from Finnish pension insurer Varma. This ETF aims to address the increasing...
Cushman & Wakefield (Global Headquarters: Chicago, Illinois; Japan Headquarters: Nagatacho, Chiyoda-ku, Tokyo), a leading global real estate services firm, has announced that Saeka Kuno has been appointed as Head of Sustainability,...
The Green, Social, Sustainability and Sustainability-Linked Bond Principles (the “Principles”) announce guidance for green enabling projects and guidelines for Sustainability-Linked Loan financing Bonds (SLLB) alongside other important updates. The Principles are the global standard for the...
The Climate Bonds Initiative, the Principles for Responsible Investment (PRI) and the United Nations Environment Programme Finance Initiative (UNEP FI) announced a collaboration to support global interoperability and implementation of...
British International Investment (BII), the UK’s development finance institution (DFI) and impact investor, has committed $75 million to the second Green Basket Bond arranged by Symbiotics Investments, a leading emerging...
The Principles for Responsible Investment (PRI) has launched Spring, a stewardship initiative backed by over 200 investors managing $15 trillion in assets. The initiative focuses on reducing the financial risks...
KKR, a leading global investment firm, and IGNIS, a leading integrated global renewable group based in Spain, today announce an agreement to launch IGNIS P2X, a new Power-to-X (P2X) platform...
Neustark, a Swiss carbon removal company, has raised $69 million to expand its operations globally. Led by Decarbonization Partners and Blume Equity, the funding aims to remove 1 million tons...
Salesforce announced three major climate investments to accelerate a just energy transition. The company has joined Frontier, an advance market commitment (AMC) to collectively buy more than $1 billion of permanent carbon removal by...
HyFive, the green hydrogen and derivatives platform of energy transition infrastructure investor White Summit Capital (WSC), will invest 250 million euros to build a green hydrogen and methanol production plant...
Key Impact Points: A Bloomberg survey of over 150 market participants from the banking, insurance, securities, and technology sectors who attended the Bloomberg Sustainable Finance Forum in Shanghai revealed significant...
Key Impact Points: Schroders announced the UK launch of the Schroder Emerging Markets Value Fund, addressing the increasing UK client demand for exposure to the long-term growth potential of emerging...
The new investment will support the Company’s continued organic and inorganic growth RSK Group Limited (“RSK” or the “Company”), a global leader in the delivery of sustainable solutions, today announced...
A multilateral coalition of public and private sector investors pledged to invest US$20 billion in women’s economic empowerment over the next three years, under the 2X Challenge. The announcement came...
Brookfield Asset Management (NYSE: BAM, TSX: BAM) (“Brookfield”) and Alterra Management Limited announced today the launch of the Catalytic Transition Fund (“CTF” or “the Fund”) focused on directing capital into clean energy and transition assets...
Koninklijke KPN N.V. (“KPN”) announces its intention to issue a Green € 500m perpetual non-call 5.25 year subordinated bond to finance projects that support KPN’s sustainability ambitions and have a...
PATRIZIA, a leading partner for global real assets, has re-positioned its ESG team to further strengthen its commitment to sustainability and impact investing. Mads Rude will continue to lead PATRIZIA...
Key Impact Points: CPP Investments, managing C$632.3bn for 22 million Canadians, has announced the appointment of three new regional heads to bolster its Sustainable Energies team. New Regional Heads Ricardo...
Upgrade to corporate governance methodology and strengthening of three material ESG risk measures for Sustainalytics flagship product began May 30 and represents the most significant updates since industry-leading ratings were...
This partnership will mobilize investments through innovative financing solutions to scale up private sector-led clean energy generation and distribution in Nigeria. RMI, founded as Rocky Mountain Institute, and the Nigeria...
Agreements with China Development Bank and Asian Infrastructure Investment Bank aim at financing infrastructure and industry in Brazil The Vice President and Minister of Development, Industry, Trade, and Services (MDIC),...
Schroders is proud to officially unveil its extensive solar farm installation at its Horsham campus, marking a significant milestone in the Group’s sustainability journey. The farm encompasses 2,606 solar panels...
Mizuho Financial Group, Inc. (President & Group CEO: Masahiro Kihara), one of Japan’s leading global financial institutions, and London Stock Exchange Group (CEO: David Schwimmer; LSEG) announce an agreement to...
The Asian Development Bank (ADB) has provided support to renewable energy (RE) developer Alternergy Holdings Corp. (AHC) in securing its first green corporate loan. In a statement, the multilateral lender...
Key findings around responsible investing and ESG themes point to terminology driving sentiment around purpose-driven investing A recent survey conducted by RBC Wealth Management reveals more positive investor sentiment around responsible investing...
Eurazeo, a leading global investment company, has announced the launch of a new impact buyout fund dedicated to addressing planetary boundaries. The fund targets raising €750 million, focusing on investments...
The professional solutions firm commits to reach net-zero carbon emissions by 2040. APTIM announced its commitment to The Climate Pledge, demonstrating its ambitious pursuit to mitigate and adapt to climate change’s...
Ørsted, a leading U.S. clean energy developer, announced an investment from J.P. Morgan for $680 million in tax equity financing for a portfolio of solar and storage assets in Texas and Arizona. The project portfolio...
Companies’ top reason for pursuing a sustainability strategy is the opportunity for value creation. The biggest hurdle? The high level of investment that’s needed. The potential for creating value is...
Key Impact Points: Qatar has successfully raised $2.5 billion through its first-ever green bond issuance, marking a significant milestone in the Gulf state’s financial landscape. The bonds are split into...
New partner and senior advisors complete climate leadership team, following Temasek commitment and EIB Support LeapFrog Investments (“LeapFrog”), the profit with purpose investment firm, has appointed Souleymane Ba as Partner and...
S&P Global announced that three executives have been recognized by INvolve’s 2024 Empower Role Model Lists, supported by YouTube. These lists celebrate leaders who are tirelessly advocating and driving increased representation...
PAG, a leading Asia Pacific-focused alternative investment manager, announced today that it has closed its first renewable energy-focused fund, PAG REN I, with a total of USD550 million in capital...
Key Points: The Oklahoma Public Employees Retirement System (OPERS) has decided to extend its investment contracts with BlackRock Inc., overseeing $7.3 billion in assets. This decision comes on the heels...
Investment by Airport Owner and Operator in Sustainable Aviation Fuel (SAF) Technology and Development Supports LanzaJet Growth and Addresses Important Role in SAF Ecosystem LanzaJet, a leading sustainable fuels technology company...
Border to Coast Pensions Partnership has launched two propositions and significantly expanded its private markets programme to £16bn following further commitments from LGPS Partner Funds. With an additional £3.6bn committed...
UBS Asset Management (UBS AM) has launched the UBS ETF S&P 500 Climate Transition ESG UCITS ETF, marking a significant stride for sustainability-focused investors in Europe. This ETF is the...
S&P Global Commodity Insights, a division of S&P Global, and the leading independent provider of information, data, analysis, benchmark prices and workflow solutions for the commodities, energy, metals and energy...
Key Impact Points: Fidelity International has launched two new sustainable bond funds, reinforcing its commitment to sustainable investment strategies. The new funds, Fidelity Funds 2 – Sustainable Social Bond Fund...
Amprion has once again successfully placed a green dual-tranche bond with a total nominal value of €1 billion on the international capital market. The bond was issued under Amprion’s €9...
Private equity firm EQT (EQTAB.ST) announced on Monday it has made a recommended cash offer to acquire Swedish renewable energy company OX2 (OX2SE.ST) for 16.4 billion Swedish crowns ($1.51 billion)....
NMB Bank Plc Becomes First Tanzanian Bank to List at London Stock Exchange NMB Bank PLC celebrates the listing of its maiden three-year US$ 73 million Sustainability Bond on the...
BlackRock appointed Will Thomson as Managing Director, a Portfolio Manager in the Climate Infrastructure team in New Zealand, effective July 2024. This follows BlackRock’s announcement to launch a New Zealand-focused...
Energy Exemplar, a leading global provider of energy market simulation software, announced the completion of its acquisition by private equity funds affiliated with Blackstone (”Blackstone”) and Vista Equity Partners (“Vista”). “Completing our transaction with...
As the global community intensifies efforts to combat climate change, the importance of net-zero emissions targets has come into sharp focus. These targets, which aim to balance the amount of...
Hannon Armstrong Sustainable Infrastructure Capital, Inc., a leading investor in climate solutions, and KKR, a leading global investment firm, announced an agreement to establish CarbonCount Holdings 1 LLC to invest...
The first phase of the U.K.’s Sustainability Disclosure Requirements (SDR), known as the anti-greenwashing rule, comes into effect at the end-of-May and will be followed by a series of substantial...
Exxon Mobil Corporation announced that Maria Jelescu Dreyfus has joined its board of directors, effective May 3, 2024. Ms. Dreyfus is CEO and founder of Ardinall Investment Management, an investment...
New solution enables investors to screen portfolios, funds, and indices against their own set of sustainability criteria Bloomberg announced the launch of a new tool that helps investors assess portfolios,...
S&P Global Sustainable1 announced the launch of Municipal Climate Physical Risk, a new solution helping investors, local governments, and other market participants navigate critical decisions on climate change. The dataset...
Decarbonization Partners, a joint venture between BlackRock and Temasek, successfully closed its first fund, Decarbonization Partners Fund I, at $1.4 billion. This figure surpassed the initial target of $1 billion,...
The Stock Exchange of Hong Kong (HKEX) is set to become a global leader in sustainability reporting with the implementation of mandatory climate-related disclosure requirements for listed companies. These new...
Informed by its recent consultation on future priorities, the International Sustainability Standards Board (ISSB) will commence projects to research disclosure about risks and opportunities associated with: The research projects will focus...
The Nature Action 100 Company Benchmark will measure progress toward the initiative’s Investor Expectations of Companies. Nature Action 100, the first global investor-led engagement initiative to address nature and biodiversity...
RE Royalties Ltd., a global leader in renewable energy royalty-based financing is pleased to announce the publication of its 2024 Green Bond Framework (the “Framework”), assessed as Dark Green, and...
At the the Africa Regional Forum on Sustainable Development (ARFSD), SUCCA Africa announced that they have taken a significant step towards supporting West African businesses in their transition to net...
Legal & General Investment Management (“LGIM”) has announced the expansion of its ETF range with the launch of the L&G Energy Transition Commodities UCITS ETF (“the Fund”). The Fund aims...
With Japan’s cross-shareholding ratio falling to an all-time low and the new NISA (a tax exemption program for small investment programs that began in January 2024) with an indefinite tax...
Wellington Management, one of the world’s largest independent investment management firms, today announced the final close of the Wellington Climate Innovation Fund, with US$385 million in commitments. CIF is Wellington’s...
Key Impact Points: In a significant stride towards combating climate change, the Net-Zero Asset Owner Alliance, a coalition of major institutional investors, unveils its latest initiative to steer $9.5 trillion...