Mixed progress across DEI and climate, while impact investors struggle to get to grips with nature risks. Impact-focused fund managers across asset classes are making positive headway on their contributions to core sustainability themes, according to UK-based impact investor Snowball. Snowball works and invests with other fund managers to deliver its impact investment strategy. It has published the latest iteration…
Goldman Sachs Sustainable Investing Team Acquires Water Management Solutions Provider Atlas-SSI
Goldman Sachs Alternatives announced the acquisition of Mississippi-based Atlas-SSI Holdings, which supplies water management and protection equipment for municipal water systems and industrial facilities. According to the companies, the acquisition will position Atlas-SSI to expand and meet increased demand for upgrading aging water infrastructure. Atlas-SSI‘s products include filtration systems, traveling water screens, EPA-compliant fish-friendly screens, trash rake systems to remove…
Frontier Signs Deal to Remove 100,000 Tonnes of Carbon Emissions from Garbage Incineration
Carbon removal buyer coalition Frontier announced that it has facilitated purchases of 100,000 tons of carbon removals to be generated between 2029 and 2030, through the abatement of emissions from a waste incineration plant owned by power and heat provider Hafslund Celsio. The agreement will support the first-ever retrofit of a waste-to-energy facility to deliver carbon removal, according to Frontier….
Unilever Acquires Sustainable Personal Care Products Brand Wild
Global consumer brands company Unilever announced that it has acquired Wild, a personal care brand focused on sustainable packaging and materials. Based in London, Wild was founded in 2020 by CEO Freddy Ward and CMO Charlie Bowes-Lyon, with an ambition of “making sustainable bathroom products mainstream,” according to a post by Bowes-Lyon. The company produces premium deodorants, lip balms, bodywashes…
Deutsche Bank’s DWS Fined $27 Million for Greenwashing
Deutsche Bank’s investment arm DWS has been fined €25 million (USD$27 million) over charges that it misled investors over its sustainable investing credentials, according to a statement released by the Frankfurt prosecutor’s office. In a statement following the announcement, DWS said that it has “acknowledged that in the past our marketing was sometimes exuberant,” and that the firm has already…