Thinktank and advocacy group City Hive has launched a new toolkit aimed at helping charity trustees assess whether the culture and conduct of their asset managers aligns with their charity’s purpose, values and responsibilities. The ACT Toolkit for Charity Trustees is designed to give trustees a structured way to incorporate asset manager culture into manager selection, ongoing monitoring and investment…
Pulse Fund Raises $63 Million to Back Climate Solutions Startups Across Interconnected Sectors
Climate-focused venture capital investment firm Pulse Fund announced the close of its inaugural fund, raising $63 million in commitments to back early-stage scalable climate companies across the energy transition, infrastructure, food and agriculture, and mobility sectors. Founded in 2022, Pulse Fund was established by climate tech entrepreneur Tenzin Seldon, who in a post announcing the fund close, describes her drive…
ESG Today: Week in Review
This week in ESG news: Sustainable funds outperforming, reaching record AUM in 2026; Over 700 companies sign on to Climate Pledge to reach net zero by 2040; EU to enable integration of sustainability criteria in €2.5 trillion public procurement market; BlueOrchard raises $250 million for emerging markets climate finance fund; Trump administration repeals rules limiting GHG emissions from power plants;…
“Superhot” Geothermal Startup Mazama Raises $135 Million
Geothermal energy developer Mazama Energy announced it has raised $135 million in a Series B funding round, with the proceeds aimed at accelerating the commercial development of its superhot rock geothermal technology. The funding comes capital is being increasingly driven towards geothermal energy companies, most notably Fervo Energy’s recent $1.9 billion IPO, as as utilities and grid planners look to…
Ineos Starts Up EU’s First Full-scale CO2 Storage Site
Chemicals manufacturer Ineos announced the official opening of Project Greensand in the Danish North Sea, the first full-scale facility for the permanent storage of CO2 in the EU with initial capacity of 400,000 tonnes of CO2 per year, and the potential to scale to as much as 8 million tonnes in the future. The EU’s Net-Zero Industry Act has set…
Oracle Signs Over 1.7GW of Clean Energy Deals in Bid to Match Data Centers with 100% Carbon-Free Energy
Cloud infrastructure and software provider Oracle announced a series of investments in Texas-based wind energy generation projects anticipated to deliver more than 1.7 GW of electricity, advancing the company’s goal to match 100% of the electricity use at its AI data centers with carbon-free energy. The company said that the investments cover ten projects in Texas with suppliers including Clearway…
Climate Pledge Tops 700 Companies Committing to Net Zero by 2040
The Climate Pledge revealed an acceleration in the addition of new signatories, with more than 100 companies joining the Amazon-backed commitment in 2025 to reach net zero carbon emissions by 2040, with the rate of new signatories jumping by 19% over the prior year. The growth in signatories was announced with the release of The Climate Pledge’s 2026 report, which…
LOIM Launches New U.S. and Japan Net Zero Equity Funds
Global wealth and asset manager Lombard Odier Investment Managers (LOIM) announced the expansion of its TargetNetZero (TNZ) platform of decarbonization-focused investment strategies, with the introduction of two new strategies, TNZ US Equity and TNZ Japan Equity. The new funds follow the initial launch of LOIM’s TNZ franchise in 2021, with the platform now reaching over $6.8 billion in AUM across…
Hitachi Vantara Commits to Net Zero Across the Value Chain by 2040
Hitachi Vantara, the data storage, infrastructure and hybrid cloud management subsidiary of Hitachi, announced a series of new climate targets, including a goal to reach net zero greenhouse gas (GHG) emissions across its value chain by 2040. The company also announced that its near- and long-term emissions reduction targets have been validated by the Science Based Targets initiative (SBTi). According…
Google Signs Green Steel EAC Purchase Deal with Stegra to Address Data Center Emissions
Google announced an agreement with green iron and steel maker Stegra for the purchase of environmental attribute certificates (EACs) connected to the production of near-zero emissions steel from Stegra’s upcoming plant in Sweden, with the deal aimed at helping Google to address emissions from its operations, and supporting Stegra in the development and early operation of the plant. Founded in…