EdenTree Investment Management has confirmed the EdenTree Global Impact Bond fund will adopt the Sustainability Disclosure Requirements’ (SDR) Sustainability Impact label from 3 February 2025, becoming the third fund from the group to adopt a label after the EdenTree Green Future and EdenTree Green Infrastructure funds. Co-managed by EdenTree’s head of fixed income, David Katimbo-Mugwanya (pictured left), and fund manager Michael Sheehan (pictured…
Toyota Leads $28 Million Investment in EV Charging Software Startup WeaveGrid
EV charging software platform provider WeaveGrid announced that it has raised $28 million in a funding round led by Toyota’s growth fund, Woven Capital, with proceeds aimed at supporting the expansion of WeaveGrid’s platform, capabilities and relationships with automakers and utilities. Founded in 2018 by CEO Apoorv Bhargava and President John Taggart, California-based WeaveGrid provides a platform aimed at accelerating…
California Lawmakers Threaten Regulator over Delayed Enforcement of Climate Reporting Law
California State Senators Scott Wiener and Henry Stern, authors of recently-passed legislation requiring large companies to disclose their value chain emissions and report on climate-related financial risks, have sent a letter to the California Air Resources Board (CARB), threatening the regulator with legislative oversight hearings over its plans to delay enforcement of the new climate reporting regulation. The letter follows…