Environmental, Social and Governance (ESG) investing has reshaped financial markets. Far from being a passing trend, and despite right-wing pushback, interest in ESG investment opportunities is growing, especially among millennials, Gen X, Gen Z and similar cohorts. These younger investors are keenly attuned to environmental and social issues, and they are poised to inherit over $84 trillion of inter-generational wealth….
SHEIN Launches €200 Million Textile Circularity Fund
Global fashion online retailer SHEIN announced the launch of a new Circularity Fund, with the company providing an initial investment of €200 million, aimed at supporting startups in Europe and the UK focused on textile-to-textile circularity solutions. The new fund comes as the fashion industry, and the fast-fashion sector in particular, face increasing pressure to address the climate impact of…
States to Drive Mandatory Climate Reporting Forward in U.S. in Absence of SEC Rules: Sustainable Fitch
New laws and regulations at the state and federal levels in the U.S. are anticipated to create mandatory requirements for thousands of companies to provide climate-related reporting, in areas including value chain emissions and climate-related risks, even in the potential absence of climate reporting rules from the Securities and Exchange Commission (SEC), according to a new report by Fitch Group’s…
Guest Post: Talent Mobility’s Crucial Role in the ESG Agenda
By: Dr. Tobias Preising, Global Mobility Services Partner and Tom Frense, Senior Associate, Global Mobility Services at KPMG With ESG increasingly commanding board-level attention, Global Mobility teams are finding ways to help their organizations become more sustainable, diverse and equitable enterprises. Customers, investors, regulators and employees are demanding that companies take responsibility for their impact on the planet and society,…
Climate Tech Startup 44.01 Raises $37 Million to Scale Solution to Turn CO2 into Rock
Carbon sequestration technology startup 44.01 announced today that it has raised $37 million in a Series A funding round, with proceeds aimed at developing and commercializing its technology, and enabling its international expansion. Founded in Oman in 2020, 44.01 provides solutions to eliminate CO2 captured from the air or from hard-to-abate industrial processes by turning it into rock, through its…