Global alternative asset manager TPG announced today the appointment of Scott Lebovitz Partner and Head of Infrastructure for the firm’s climate investing platform TPG Rise Climate, in a move TPG said was aimed at enhancing the strategy’s capabilities in infrastructure and real assets. Launched in early 2021, TPG Rise Climate invests in climate solutions around the world, and across asset…
Investors should benefit from new European Union support for green subsidies, according to global law firm Norton Rose Fulbright. In the article EU scales up green subsidies – how you can benefit from new support for clean investments – which comes on the back of the EC’s adoption of changes to its state aid framework supporting the Net Zero Plan, first…
The Global Reporting Initiative (GRI), one of the leading organizations promoting standardized ESG reporting, announced today the launch of its new mining sector reporting standard, aimed at enabling companies in the sector to disclose on a wide set of sustainability impacts, ranging from emissions and biodiversity to community impact and human rights. According to the GRI, the new standard comes…
By: Sol Salinas, Executive Vice President, Sustainability Lead for the Americas, Capgemini With the increase in extreme weather events all over the world, paired with rigorous regulations coming into effect, organizations are under constant pressure to respond and explore how they can transform their business to become truly sustainable. The good news is that for 63% of executives, the business…
Brookfield Asset Management announced today that it has raised $10 billion at the first close of global private equity fund focused on investments accelerating the global transition to a net-zero economy, the Brookfield Global Transition Fund (BGTF II). According to Brookfield, the new fund, launched last year, is already on track to exceed the size of its record-breaking predecessor BGTF…
China announced that Premier Li Qiang has signed new regulations for its carbon emissions trading system, including allocating responsibility to government ministries for overseeing and managing trading, and introducing stricter penalties for entities that falsify information, aimed at providing a legal framework for the country’s carbon market and strengthen control of greenhouse gas emissions in carbon intensive sectors. The new…