KGAL Launches Renewable Energy-Focused Impact Fund
German investment manager KGAL announced today the launch of KGAL ESPF 5, a new impact fund focused on European greenfield renewable energy assets. According...
Mitsubishi Electric Acquires Distributed Energy Resources Solutions Provider Smarter Grid Solutions
Electrical and electronic equipment manufacturer Mitsubishi Electric Corporation and its U.S affiliate Mitsubishi Electric Power Products announced today the acquisition of UK-based distributed energy...
Bill Gates-Backed Battery Storage Tech Company Ambri Raises $144 Million
Long-duration battery technology company Ambri announced today it has secured a $144 million financing, led by Reliance New Energy Solar and Paulson & Co....
HSBC Joins Walmart Initiative to Improve Access to Capital for Minority and Diverse Suppliers
HSBC Bank USA announced today that it has joined a Walmart initiative aimed at making access to working capital for diverse and minority suppliers...
Cabot Closes $1 Billion Credit Facility with Pricing Tied to Emissions Performance
Chemicals and performance materials company Cabot Corporation announced that it has entered into a $1 billion revolving credit facility, with pricing tied to the...
FedEx Ground Expands Electric Fleet with Order of Zero Emissions Trucks from Xos
Electric truck manufacturer Xos announced today an order from FedEx Ground operators for 120 zero emission electric trucks. Delivery of the vehicles is expected...
Landmark IPCC Report Warns Climate Threshold Nearing, Urges Action by Government, Businesses
The UN-backed Intergovernmental Panel on Climate Change (IPCC) announced today the publication of its latest report assessing the current state of the global climate...
Mercer Expands Sustainable Investment Team, Appoints Sarika Goel Global Head of SI Research
Professional services, consulting and investment solutions provider Mercer announced today a significant expansion in its global sustainable investment team, increasing capabilities to support clients...
EY: Proxy Season Reveals Growing Investor Action on Climate and Diversity
The 2021 proxy season carries numerous lessons for companies, in particular indicating broadening interest by shareholders on several key ESGEnvironmental, social, and governance (ESG)...
Cority Launches Sustainability Cloud Solution to Track and Manage ESG Performance
Enterprise environmentalEnvironmental criteria consider how a company performs as a steward of nature. More health and safety (EHS) software provider Cority announced today the...