Responsible investing has morphed from a movement into a an industry on course to command $50trn in assets by 2025— a third of the capital at work in the markets, says Nuveen’s global head of responsible investing. Yet approaching responsible investing has remained as difficult as ever with hard to define and hard to measure dynamics, critics who’ve branded the…
Green data center developer Soluna Holdings announced that it has secured a $100 million scalable credit facility from sustainable infrastructure investor Generate Capital, providing financing to support Soluna’s pipeline of clean data centers. Founded in 2018, Albany, New York-based Soluna builds data centers powered by renewable energy, while also solving the “wasted energy” challenge facing the renewable energy sector. The company…
Sustainability technology-focused venture capital investor Giant Ventures announced today the appointment of Zenetta Burger as Partner, responsible for leading the firm’s U.S. presence. Founded in 2019, London-based Giant Ventures backs purpose-driven technology founders with solutions aimed at helping to solve global challenges. The firm invests at Pre-Seed, Seed and Series B levels in Europe and the U.S., across the key…
S&P Global’s sustainability-focused business unit S&P Global Sustainable1 and private markets ESG-focused data solutions provider Novata announced an expansion of their collaboration, with Novata to serve as Sustainable1’s technology partner to power sustainability data management solutions for clients. S&P Global supported the launch of Novata in 2021, alongside the Ford Foundation, asset management firm Hamilton Lane, and social change-focused investment firm…
McDonald’s announced the launch of the Grassland Resilience and Conservation Initiative, a major new program aimed at accelerating the implementation of regenerative agricultural practices among U.S.-based beef cattle producers in its supply chain. Launched alongside the National Fish and Wildlife Foundation (NFWF), the U.S. Department of Agriculture’s Natural Resources Conservation Service (NRCS) and several key McDonald’s U.S. suppliers, the new…
The U.S. Court of Appeals has told the U.S. Securities and Exchange Commission (SEC) that it will not issue a ruling on the legality of its climate disclosure rules, as requested by the SEC, leaving the agency on its own to decide on the fate of the rules requiring climate-related reporting by public companies. While the SEC’s request would have…
Prometheus Fuels, a venture-backed energy company based in the US, announced that it has achieved the world’s lowest-cost carbon capture, reducing the cost of Direct Air Capture (DAC) by more than 80% compared to industry averages. DAC technology, listed by the IEA as a key carbon removal option in the transition to a net-zero energy system, extracts CO2 directly from…