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Longevity Partners Launches Real Estate Emissions Tracking and Decarbonization Solution

Longevity Partners Launches Real Estate Emissions Tracking and Decarbonization Solution

ESG advisory firm Longevity Partners announced today the launch of Decarbonization Dashboard, a new tool aimed at enabling commercial real estate professionals and asset managers to track emissions and outline decarbonization pathways for real estate portfolios. The real estate sector has one of the largest sectoral carbon footprints, responsible for about 40% of global greenhouse gas (GHG) emissions and 34%…

EV Battery Startup Addionics Raises $39 Million for Lower Cost, Faster Charging Battery Tech

EV Battery Startup Addionics Raises $39 Million for Lower Cost, Faster Charging Battery Tech

Battery technology startup Addionics announced that it has raised $39 million in a Series B funding round co-led by GM Ventures and Deep Insight, with proceeds to be used to support the growth and expansion of its solution enabling cheaper, lighter, faster-charging, and more conductive batteries. Founded in 2018, Israel, UK and U.S.-based Addionics provides technology aimed at allowing battery…

US Resolution Withdrawals Secure Climate Commitments

Withdrawals and majority votes are delivering high-quality strategies by companies, according to sustainability advocacy non-profit Ceres.  US companies have followed through on promises made to shareholders in exchange for shelving climate-related resolutions, new research has shown. The report, published by US-based sustainability advocacy non-profit Ceres, examined the implementation of 66 out of 70 corporate climate-related commitments following resolutions filed and withdrawn…

Clean Energy Infrastructure Software Startup Paces Raises $11 Million

Clean Energy Infrastructure Software Startup Paces Raises $11 Million

Energy infrastructure software startup Paces announced today that it has raised $11 million in a Series A funding round, aimed accelerating the deployment of grid-connected clean energy infrastructure projects. Founded in 2022, New York-based Paces provides software solutions for clean energy infrastructure developers to identify the best places to build and manage their projects, providing data on zoning, permitting, and…

UK to Launch $10 Billion Clean Energy Development Platform

UK to Launch $10 Billion Clean Energy Development Platform

The new UK government announced today the introduction of the Great British Energy Bill, aimed at establishing a new public-owned company to invest, own and manage clean energy projects. Based in Scotland, Great British Energy will be backed by £8.3 billion (USD$10.7 billion) from the government over the next five years, paid for by a windfall tax on oil and…

ESMA Recommends Sustainability Disclosure Requirements for All Financial Products

ESMA Recommends Sustainability Disclosure Requirements for All Financial Products

EU markets regulator the European Securities and Markets Authority (ESMA) announced the publication of its “Opinion on the Sustainable Finance Regulatory Framework,” setting out a series of key recommendations aimed at facilitating investor access to sustainable investments and supporting the financing of the transition to a sustainable economy, including implementing requirements for basic sustainability disclosures for all financial products, regulating…

Workers’ Rights Present Systemic Risk for Investors

The vote to establish a union at tech giant Amazon narrowly failed, prompting shareholders to mull further escalation on the topic. An unsuccessful attempt by thousands of employees to establish a union at one of Amazon’s UK warehouses has reopened the debate around how much of a risk workers’ rights represent for investors. The much-publicised vote to recognise the GMB…

Amazon Union Vote Fuels Workers’ Rights Debate

A narrowly failed attempt to establish a union at the tech giant has prompted shareholders to mull further escalation. An unsuccessful effort by thousands of employees to secure union recognition at one of Amazon’s UK warehouses has raised further questions as to how much of a risk workers’ rights represent for investors. The much-publicised vote to recognise the GMB Union…