ESG Today: Week in Review
This week in ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to...
Carbon Accounting and Management Startup Greenly Raises $52 Million
Carbon accounting Greenly announced that it has raised that it has raised $52 million in a Series B funding round, with proceeds aimed at...
BlackRock Calls Texas Decision to Divest $8.5 Billion over ESG Policies “Reckless,” Urges State to Reconsider
BlackRock pushed back against a decision by the Texas State Board of Education to pull an $8.5 billion investment from the asset manager over...
Fullerton Fund Management Raises $100 Million for Decarbonization Opportunities-Focused Private Equity Fund
Singapore-based active investment specialist Fullerton Fund Management announced that it has raised $100 million in the anchor close of its Fullerton Carbon Action Fund,...
Aviva Investors Appoints Phillipa Grant as Director of Sustainable Investments for Real Assets
Aviva Investors announced today the appointment of Phillipa Grant as Director of Sustainable Investments for its Real Assets unit, with responsibility for delivering sustainability...
Nestlé Launches New Projects to Reduce Emissions in Cocoa Supply Chain
Global food and beverage company Nestlé has launched two new projects aimed at reducing and removing carbon emissions from the company’s cocoa supply chain....
BNP Paribas AM Launches Global Net Zero Transition Fund
BNP Paribas Asset Management (BNPP AM) announced today the launch of the BNP Paribas Global Net Zero Transition Equity fund, a new active fund...
Iberdrola to Invest $45 Billion in Grid Expansion and Renewables by 2026
Global energy and electricity provider Iberdrola announced plans today for a major electrification-focused investment program, pledging to allocate €41 billion in its network and...
KKR Acquires Majority Stake in U.S. Renewables Developer Avantus
Alternative asset and private equity investor KKR announced the acquisition of a majority stake in U.S. solar and storage developer Avantus, with a commitment...
Glencore Sets Goal to Reduce Value Chain Emissions 25% by 2030
Mining giant Glencore announced today the release of its second Climate Action Transition Plan for 2024 to 2026, including the introduction of a new...