Investment manager Vanguard released data from its Investor Choice proxy voting pilot on Tuesday, indicating that approximately one quarter of investors participating in the exercise chose to cast their proxy votes in alignment with an ESG-focused policy. Vanguard launched its Investor Choice pilot in early 2023, offering investors with the ability to select from a range of policy options to…
A group of more than 530 financial institutions representing over $29 trillion in assets under management announced the release of the 2024 Global Investor Statement to Governments on the Climate Crisis, calling on governments globally to set policies aimed at unlocking private capital flows to enable the net zero transition, including mandatory climate-related reporting and the implementation of transition strategies…
Ara Partners, a private equity firm that specializes in funding industrial projects and companies committed to net-zero carbon emissions, announced that it has partnered with HF Capital to launch Ara Energy Decarbonization, a new strategy that will seek to decarbonize conventional energy assets across North America. Alongside the launch, HF Capital announced that it has committed up to $725 million…
Over half of companies globally report that the use of AI has a major impact on key areas of their decarbonization efforts, such as emissions measurement and reporting, according to a new survey released by Boston Consulting Group (BCG), and AI usage was also found to be a significant driver of companies’ ability to derive substantial sustainability-related financial benefits, the…
Global private capital investment firm Carlyle announced today a new strategic investment in commercial property assessed clean energy (C-PACE)-focused finance company North Bridge, alongside a commitment to provide up to $1 billion in financing to facilitate C-PACE loans by North Bridge. C-PACE is a financing mechanism aimed at enabling building owners and developers to obtain low-cost, long-term financing for projects…
International asset manager Robeco announced the launch of the High Income Green Bonds strategy, investing in high yielding green bonds by corporate issuers globally. According to Robeco, the new strategy, categorized as Article 9 under the EU SFDR regulation, was launched in response to growing investor interest in the broad variety of green bonds, fixed income instruments issued by corporates…
A group of Japan-based financial and industrial companies, and France-based energy giant TotalEnergies announced the launch of the Japan Hydrogen Fund, dedicated to developing a low-carbon hydrogen value chain. The new fund is launching with $400 million in commitments at its first close, with initial investors including Toyota Motor Corporation, Iwatani Corporation, Sumitomo Mitsui Banking Corporation, MUFG Bank, Tokyo Century…