Asset managers are paving the way for fossil fuel expansion, environmental degradation and the proliferation of dangerous arms, including nuclear weapons, according to the latest research from ShareAction. Across the board, investment firms “are failing to consider the long-term interests of asset owners”, with progress in the industry stagnating as social and environmental crises deepen, the fifth edition of Point of…

Low carbon mobility-focused finance and investment firm Neot Capital announced the launch of Neot e-motion, a new leasing platform dedicated to zero-emission mobility in Europe. The new platform is being launched with €350 million (USD$394 million) in equity commitments from investors including Alba Infra Partners, Mirova, and the Banque des Territoires. Founded in 2016, Paris-based Neot develops and manages investment…

Alternative asset manager Patria Investments announced the launch of Omnia, a new platform aimed at developing, building and operating large-scale data centers across Latin America, fully powered by green, renewable energy. Patria said that the new platform will initially focus on 100+ MW campus projects, tailored to high-density AI workloads, with expected investments above $1 billion. The launch of the new…

Paris-based alternative asset manager Tikehau Capital announced today the acquisition of Spanish sustainable mobility solutions provider EYSA Group from investment firm H.I.G Capital, with plans to expand the group’s digitized mobility infrastructure systems globally. Tikehau said that its investment aims to accelerate EYSA’s growth and consolidate it into a global platform. The acquisition is being made from Tikehau’s flagship private…

The Trump administration has reversed its decision to halt Empire Wind, a large-scale offshore wind project off the coast of New York, anticipated to power 500,000 homes with renewable energy, according to a statement by New York Governor Kathy Hochul The announcement follows an order by the U.S. Department of the Interior in April to stop construction activities on the…

French President Emmanuel Macron called for the elimination of the EU’s Corporate Sustainability Due Diligence Directive (CSDDD), joining a call by German Chancellor Friedrich Merz to scrap the new law requiring companies to address their negative impacts on human rights and the environment across their value chains. Speaking to global business leaders at the “Choose France” International Business Summit on…

Let’s be honest, sustainability reporting hasn’t always had the best reputation. For years, it’s been seen as a compliance headache, a checkbox exercise, or a painfully long PDF that no one reads.