Startup METYCLE announced that it has raised €14.4 million (USD$14.8 million) in a Series A funding round to expand its platform for the sale and purchase of recycled and scrap metal, which aims to bring more efficiency to the global market, making it easier to recycle more metal and to reduce carbon emissions. According to the company, using recycled metals…
Business and financial markets information service provider Bloomberg announced the launch of MARS Climate, a new solution aimed at enabling buy-side and sell-side financial firms to quantify and manage climate risks and opportunities across portfolios. The new solution forms part of Bloomberg’s Multi-Asset Risk Management (MARS) suite. According to Bloomberg, the launch of the new solution comes to help investors…
Investment data and research provider MSCI and Swiss Re Reinsurance Solutions announced the launch of a new collaboration, aimed at enabling financial sector companies to assess, manage and mitigate their physical climate risk. The new collaboration will bring together MSCI’s GeoSpatial Asset Intelligence with Swiss Re’s proprietary natural catastrophe and climate risk data and insights, including its CatNet tool. MSCI’s…