Consumers globally are willing to pay more for products with a lower environmental impact, as they express increasing concern over climate change and environmental sustainability, yet many still find sustainable consumption too expensive, and focus on different aspects of product sustainability than the companies producing the products, according to a new study released by global management consultancy Bain & Company….

International asset manager Robeco announced today the launch of its new Fashion Engagement Equities Strategy, aimed at enabling investors to meet the dual objectives of earning attractive investment returns while promoting sustainability-focused change in the fashion industry. According to Robeco, the launch of the new strategy comes as the $2.5 trillion fashion industry is poised for significant growth, driven by…

Manulife Financial’s global wealth and asset management business Manulife Investment Management announced that it has raised $224.5 million in commitments at the initial close of Manulife Forest Climate Fund LP, reaching nearly the halfway mark towards the fund’s targeted $500 million in committed capital. Launched in late 2022, and aimed at providing investors with the opportunity to invest in nature…

Green energy developer TES Canada announced the launch of Projet Mauricie, a new C$4 billion (USD$2.9 billion) green hydrogen project in Quebec, Canada, aimed at supporting the decarbonization of hard-to-abate industries and contributing to the province’s climate goals. Hydrogen is viewed as one of the key building blocks of the transition to a cleaner energy future, particularly for industrial and…

Lawmakers in the European Parliament and Council announced that they have reached a provisional agreement on new legislation aimed at restoring and protecting natural habitats and ecosystems, including a mandated target for EU countries implement measures to restore at least 20% of the EU’s land and sea areas by 2030, and for all ecosystems in need of restoration by 2050….

The vast majority of senior investors and business executives are planning to increase ESG investment over the next 5 years, with each group anticipating a range of benefits from a greater ESG focus, including 90% of investors expecting enhanced returns, and executives seeing improved access to capital and corporate reputation, according to a new survey released by Bloomberg Intelligence (BI)….