Systemic investing will allow investors to drive positive real-world impacts in line with chosen objectives, according to University of Zurich. New academic research has argued that investors should adopt a more holistic and collaborative approach to fully address the interconnected nature of systemic risks. The University of Zurich’s Center for Sustainable and Private Wealth (CSP) has published an investor guide…
Renaissance Fusion Raises $33 Million to Advance Low Cost, Low Carbon Fusion Energy
Nuclear technology startup Renaissance Fusion announced that it has raised €32 million (USD$33.2 million) in a series A funding round, with proceeds aimed at scaling and commercializing its fusion technology to produce low-cost, low-carbon energy. Founded in 2020 by Francesco Volpe and Martin Kupp, Grenoble, France-based Renaissance Fusion is developing technology aimed at making nuclear fusion simpler and cheaper. The…
ESG Today: Week in Review
This week in ESG news: Wells Fargo drops net zero goals; Japan releases first sustainability reporting standards; Microsoft signs 30-year carbon removal deal; EU gives automakers more flexibility on emissions rules; Standard Chartered to engage with high-emission clients; SMBC exits net zero banking group; Mars introduces new sustainable packaging; U.S. rejects UN Sustainable Development Goals; Watershed seeks 1 million tons…
Liverpool FC to Offset Climate Footprint of Products Through Carbon Removal Credits
Liverpool Football Club (LFC) and 1PointFive, the Direct Air Capture (DAC)-focused subsidiary of energy giant Occidental (Oxy) announced a new collaboration to launch products for the team’s fans that have had their carbon footprint addresses through the purchase of DAC-based carbon credits. According to LFC, the new collaboration marks a significant step towards its efforts to reduce its environmental impact…