Building control technology provider Runwise announced that it has raised $55 million, including $30 million in a Series B round, and $25 million in debt financing, with proceeds from the capital raise aimed at scaling its platform to cut building energy costs and carbon emissions. Founded in 2010 by Jeff Carleton, Lee Hoffman, and Michael Cook, New York-based Runwise provides solutions aimed at…
Global accountancy body the Association of Chartered Certified Accountants (ACCA) has called on the European Commission to introduce changes to the Sustainable Finance Disclosure Regulation (SFDR), focused on simplifying and reducing the reporting burdens for financial markets participants under the regulation. In a letter responding to a call for evidence on the SFDR by the Commission, ACCA said that in…
Alternative asset and private equity investor KKR and climate solutions and sustainable infrastructure investment firm HA Sustainable Infrastructure Capital (HASI) announced an agreement by their clean energy-focused co-investment vehicle CarbonCount Holdings 1 LLC (CCH1) to issue $592 million in a private offering of senior unsecured notes. Launched in 2024 as a strategic partnership by KKR and HASI with $1 billion…
Responsible-investment focused asset manager SWEN Capital Partners announced that it has raised €160 million (USD$183 million) at the first close of its SWEN Blue Ocean 2 fund, aimed at investing in startups developing and providing solutions to support the regeneration of ocean biodiversity. SWEN said that it is targeting raising €300 million for the fund, which would position it as…
Most investors globally are shifting focus outside of the U.S. to find climate-related investment opportunities following the election of Donald Trump, and expect the new administration’s policies to negatively impact global net zero progress and their own portfolio decarbonization goals, although many see this impact as only temporary, according to a new survey released by international asset manager Robeco. For…
By: Marian Macindoe, Managing Director for Sustainable Investment Strategy at Parnassus Investments Sustainability is at a crossroads. Today’s environment will test corporate sustainability commitments, the direction of responsible investing, and the regulatory momentum behind environmental and social progress. Investors who navigate these challenges thoughtfully may stand poised to not only mitigate risk but also uncover potential opportunities for long-term value…
The first proxy season since Donald Trump swept back into power and waged war on prominent three letter acronyms – DEI (diversity, equity and inclusion) and ESG (environmental, social and governance) – has been and gone. While overshadowed somewhat by tariff-related drama, there have been a number of crucial observations for those working in responsible and sustainable investment. Up to…
As the investment industry continues to grapple with geopolitical volatility, market shocks and shifting client demands, the role of fund selectors has never been more critical – or more complex. And it was a recurring theme from a recent panel session at our Investors ACT conference. The message from fund gatekeepers was clear: in a world where black swan events…
Cognitive diversity can lead to better performance from investment teams, a new survey from the London Business School has suggested, but firms also need to consider if they have a culture of inclusivity to see the benefits. The study by professor of finance Alex Edmans, (pictured) commissioned by the Diversity Project, found cognitive diversity must be effectively managed – through…
A group of leading investors including Rathbones Investment Management, Sarasin & Partners, Scottish Widows and NEST, are calling on companies to recommit to diversity and inclusion. The 19 investment firms, which have a combined £498bn in assets under management, have signed a statement coordinated by ShareAction urging businesses to reaffirm their commitments to advancing diversity, equity and inclusion (DEI) in…