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AI and ESG – Part One: Opportunities

AI and ESG – Part One: Opportunities

Lorenzo Saa, Chief Sustainability Officer of Clarity AI, considers the possibilities when the power of long-term capital meets the power of technology. AI is already revolutionising how we live, work, and play, and it’s set to radically transform global progress on sustainability. It is no surprise therefore that business leaders such as Google CEO Sundar Pichai predict that its impact…

ESG With Chinese Characteristics 

Trump 2.0 could see more green investors look towards China, says Cary Krosinsky, President of the Sustainable Finance Institute.  A few years ago, the Sustainable Finance Institute (SFI), developed a new ESG+ index for the China Securities Index Company – “ESG with Chinese characteristics”, as Cary Krosinsky, the SFI’s Co-Founder and President, calls it.  ESG+ enjoyed some success, but interest…

U.S. Rejects UN Sustainable Development Goals

U.S. Rejects UN Sustainable Development Goals

The U.S. under the Trump administration stated that it “rejects and denounces” the United Nations Sustainable Development Goals (UN SDGs), the key global goals adopted by nations unanimously in 2015 as part of the 2030 Agenda for Sustainable Development, aimed at tackling global environmental and social challenges. The UN SDGs refer to the 17 categories of goals for Sustainable Development,…

The Inclusion Imperative

Gender equality in funding and entrepreneurship is a goal everyone should fight for, says Alex Smith, Co-founder of FuturePlus. This year’s International Women’s Day falls under a long shadow that illustrates quite how much more work there is to be done to achieve true equity and inclusion for women in business. “Competent white men must be in charge if you…

Inclusion is Good for Business

Gender equality in funding and entrepreneurship is a goal everyone should fight for, says Alex Smith, Co-founder of FuturePlus. This year’s International Women’s Day falls under a long shadow that illustrates quite how much more work there is to be done to achieve true equity and inclusion for women in business. “Competent white men must be in charge if you…

PropTech Startup Telescope Raises $4 Million to Help Real Estate Owners Manage Climate Risks

PropTech Startup Telescope Raises $4 Million to Help Real Estate Owners Manage Climate Risks

Norwegian proptech startup Telescope announced that it has raised €3.7 million (USD$4 million) in a seed round, with proceeds aimed at scaling its platform that helps real-estate owners assess and manage sustainability and climate risks. Founded in 2022 by Gustav Haaland, Marit Bjerkreim, and Mathias Wahl, Oslo-based Telescope provides tools aimed at helping real estate companies to identify sustainability risks,…

Delta Partners with JetZero to Develop 50% More Fuel-Efficient Blended-Wing Aircraft

Delta Partners with JetZero to Develop 50% More Fuel-Efficient Blended-Wing Aircraft

Delta Air Lines and sustainable aircraft developer JetZero announced the launch of a new partnership to design new blended-wing aircraft that are up to 50% more fuel efficient than current commercial jets. Founded in 2021, California-based JetZero is designing a plane that integrates the wings and fuselage into a single smooth shape, reducing aerodynamic drag, and leading to lower fuel…

Areim Raises Over $970 Million for Sustainable Data Center Fund

Areim Raises Over $970 Million for Sustainable Data Center Fund

Fund manager and property owner Areim announced it has a €450 million (USD$485 million) capital raise for its Areim DC Fund to support the development of sustainable data centers in Nordic countries, bringing the fund’s total raised capital to €900 million (USD $971 million). The capital will be used to expand its subsidiary, EcoDataCenter, which designs, builds and operates data…

Morningstar Sustainalytics Appoints David Pagliaro to Lead Global Product Strategy

Morningstar Sustainalytics Appoints David Pagliaro to Lead Global Product Strategy

ESG ratings, data, and research provider Morningstar Sustainalytics announced the appointment of David Pagliaro as Chief Strategy & Product Officer. In his new role, Pagliaro will be responsible for leading Sustainalytics’ global product strategy, including overseeing development, execution and, go-to-market plans. Pagliaro will report to Ron Bundy, CEO of Morningstar Indexes and Morningstar Sustainalytics, and join the Executive Leadership Team…

Microsoft Signs 30-Year Carbon Removal Afforestation Deal in India

Microsoft Signs 30-Year Carbon Removal Afforestation Deal in India

Microsoft, carbon markets solutions provider Climate Impact Partners, and climate-focused project finance business Terra Natural Capital announced today a new finance and carbon removal purchase agreement, aimed at supporting the development of a large-scale afforestation project in India. As part of the agreement, Microsoft will will purchase 1.5 million tonnes of verified carbon removal credits over 30 years, representing 50%…