Shifting policies and priorities are reshaping the global investment ecosystem and adding complexity to fundraising across jurisdictions, says Ruth Knox, Partner at Paul Hastings. As ESG regulations continue to tighten across the UK and EU in response to the ‘Trump Bump’, both asset managers and owners are facing an unprecedented compliance landscape. From initial noises signalling a crackdown on greenwashing…
ESG Regulatory Maze Requires a Tactical Approach
Shifting policies and priorities are reshaping the global investment ecosystem and adding complexity to fundraising across jurisdictions, says Ruth Knox, Partner at Paul Hastings. As ESG regulations continue to tighten across the UK and EU in response to the ‘Trump Bump’, both asset managers and owners are facing an unprecedented compliance landscape. From initial noises signalling a crackdown on greenwashing…
Equifax Launches Financed Emissions Calculator
Data, analytics, and technology company Equifax UK announced the launch of its new Financed Emissions Calculator, aimed at enabling financial institutions to automate, measure and track their financed emissions, and streamline their sustainability reporting requirements. Launched in partnership with Scottish data firm CienDos, the new cloud-based Financed Emissions Calculator will enable lenders to better determine the greenhouse gas emissions indirectly…
GridPoint Raises $45 Million to Expand Platform to Decarbonize Buildings, Stabilize Grids
Building energy management and optimization technology company GridPoint announced that it has raised $45 million, with proceeds aimed at supporting the company’s international expansion plans. Established in 2003, Virginia-based GridPoint provides energy management technology aimed at decarbonizing commercial buildings and driving grid modernization. The company’s energy management and optimization technology platform connects energy grids with the built environment and behind-the-meter…
InnoEnergy “Muscling Up” to Mobilize €160 Billion in Clean Tech Investments by 2030
Early-stage impact investor InnoEnergy announced it new 2030 growth plan, aiming to mobilize up to €160 billion in clean tech investment between 2025 and 2030, across equity, debt, grants, and project finance. Founded in 2010, and supported by the EU body the European Institute of Innovation and Technology (EIT), newly rebranded InnoEnergy (formerly EIT InnoEnergy) invests in early-stage companies building…
ISSB Launches New Roadmap Tool to Help Jurisdictions Adopt Sustainability Reporting Standards
The IFRS Foundation’s International Sustainability Standards Board (ISSB) announced the launch of its new Jurisdictional Roadmap Development Tool, aimed at supporting regulators and market participants adopt or use the ISSB’s sustainability reporting standards in their jurisdictions. The ISSB was launched in November 2021 at the COP26 climate conference, with the goal to develop IFRS Sustainability Disclosure Standards to provide investors…
US Bill Signals Long Campaign Against CSDDD
PROTECT USA Act’s short-term impact will likely be limited but could set lay groundwork for future regulatory or executive actions. A bill seeking to challenge the application of the EU’s Corporate Sustainability Due Diligence Directive (CSDDD) to US firms reflects negative sentiment among American executives as well as politicians, adding to domestic pressures on the landmark law. Earlier this month,…
US Bill Signals Long Campaign Against CSDDD
PROTECT USA Act’s short-term impact will likely be limited but could set lay groundwork for future regulatory or executive actions. A bill seeking to challenge the application of the EU’s Corporate Sustainability Due Diligence Directive (CSDDD) to US firms reflects negative sentiment among American executives as well as politicians, adding to domestic pressures on the landmark law. Earlier this month,…
US Bill Signals Long Campaign Against CSDDD
PROTECT USA Act’s short-term impact will likely be limited but could set lay groundwork for future regulatory or executive actions. A bill seeking to challenge the application of the EU’s Corporate Sustainability Due Diligence Directive (CSDDD) to US firms reflects negative sentiment among American executives as well as politicians, adding to domestic pressures on the landmark law. Earlier this month,…
PRI Finds Increased Commitment to Responsible Investment
Interest in private markets swells as divergence between asset owners and managers continues. An assessment of investors’ approaches to responsible investment (RI) has revealed that asset owners and managers are increasingly focused on driving sustainability outcomes via their investment decision-making. The UN-convened Principles for Responsible Investment (PRI) has published the findings of the third edition of its annual survey of…