Maanch enhances stewardship platform as fast-changing expectations lead to new pressures on service providers to support collaboration. The vital and expanding role of stewardship in reaching sustainable investment goals is prompting a step change in the technology deployed to support it. One example is provided by UK-based stewardship solutions provider Maanch, which recently further enhanced its Engagement Tracker platform with…
Engaging Employees to Reduce Carbon Emissions through Gamification
As businesses work to reduce their carbon emissions, employee engagement becomes a critical factor in achieving real, lasting change. When employees actively participate in sustainability initiatives, they help drive progress. But how can companies make carbon reduction engaging?
EV Battery Analytics Provider Liminal Raises $10 Million
Liminal, which uses ultrasound and machine learning to improve the quality and performance of batteries, announced that it has closed a $10 million strategic investment round led by LG Technology Ventures, the venture capital arm of the LG Group. The round also included new support from Chailease Holdings as well as participation from other current investors, including ArcTern Ventures, University…
Aira Raises $69 Million to Expand Heat Pump Deployment Across Europe
Aira, which provides clean energy-based heating solutions for European homes, announced that it has raised an additional €63 million (USD$69 million) aimed at expanding the deployment of its heat pumps in more locations. The investment – from existing investors including Temasek, Statkraft Ventures, Kinnevik and Altor – comes in addition to a $158 million (€145 million) Series B round co-led…
CalSTRS Awards $150 Million Mandate to Ninety One’s Decarbonization Opportunities-Focused Strategy
UK- and South Africa-based global active asset manager Ninety One announced that its decarbonization-focused Global Environmental strategy has been awarded a $150 million mandate by California State Teachers’ Retirement System (CalSTRS), one of the largest public pension funds in the U.S. Ninety One’s Global Environment strategy is a high conviction, concentrated global equity portfolio that provides exposure to the multi-decade…
IFS, PwC Launch Sustainability Reporting Solution
Enterprise software company IFS, in collaboration with professional services provider PwC UK announced the launch of a new Sustainability Management Module on the IFS Cloud platform aimed at supporting companies in complying with the new sustainability reporting requirements, including the EU’s Corporate Sustainability Reporting Directive (CSRD). The announcement follows the formation earlier this year between IFS and PwC of a…
Bloomberg Launches New Solution Enabling Investors to Assess Nature, Biodiversity Risk Exposure
Business and financial markets information service provider Bloomberg announced today the launch of a new solution aimed at enabling investors to assess their exposure to nature and biodiversity risks and the impact of their investments, and to align reporting with the recommendations of the Taskforce on Nature-related Financial Disclosures (TNFD). Key insights provided by the new solution include percentage of…
99% of Insurers Have Set Climate Transition Goals in their Investment Portfolios: BlackRock Survey
Nearly all insurers have set climate transition-related objectives in their portfolios, including more than half that have set net zero targets, and most report a growing conviction towards investing in the low carbon transition, with plans to increase allocations in clean energy infrastructure and transition-focused technologies, according to a new survey released by investment giant BlackRock. For the report, BlackRock…