Carbon accounting Greenly announced that it has raised that it has raised $52 million in a Series B funding round, with proceeds aimed at supporting the acceleration of the company’s growth and enhancing its suite of solutions enabling companies to measure and manage their carbon emissions. Founded in 2019 by Alexis Normand, Matthieu Vegreville and Arnaud Delubac, Paris-based Greenly provides…
Singapore-based active investment specialist Fullerton Fund Management announced that it has raised $100 million in the anchor close of its Fullerton Carbon Action Fund, a private equity fund aimed at investing in companies at the forefront of accelerating decarbonization in emerging markets in Asia including China, India, Indonesia, the Philippines, and Thailand. According to Fullerton, the fundraising comes as Asia’s…
Aviva Investors announced today the appointment of Phillipa Grant as Director of Sustainable Investments for its Real Assets unit, with responsibility for delivering sustainability outcomes for clients across the firm’s real assets sustainable fund range, providing advice to support with strategy development and investment decisions, alongside delivery and reporting within portfolios. Grant joins Aviva Investors following eight years at consultancy,…
Global food and beverage company Nestlé has launched two new projects aimed at reducing and removing carbon emissions from the company’s cocoa supply chain. Developed with suppliers Cargill and ETG | Beyond Beans, the new five-year projects will promote agroforestry, accelerate the transition to regenerative agriculture and support the reforestation of degraded lands around cocoa farming communities. Nestlé, home to…
BNP Paribas Asset Management (BNPP AM) announced today the launch of the BNP Paribas Global Net Zero Transition Equity fund, a new active fund aimed at offering investors with exposure to a decarbonization and sustainable investment focused strategy, with sector, regional and market cap diversification. According to BNPP AM, the new fund, classified as Article 8 under the EU’s SFDR…