Sustainable investing pioneer Stewart Investors has closed its doors for good after 38 years of active equity investing, according to senior portfolio manager Nick Edgerton. The business, formerly based in Edinburgh, effectively retired its brand name at the end of last year after parent company First Sentier Group transferred the asset manager’s investment responsibilities to FSSA Investment Managers. In a…
Brookfield Launches $600 Million India-focused Renewable Energy Platform
Brookfield Asset Management announced the launch of Lumara Energy, a new India-based platform focused on accelerating the development and construction of renewable energy projects. The launch of the new platform comes as India continues to scale up its investments in clean energy, with the country aiming to reach 500 GW of installed renewable energy capacity by 2030. Earlier this year India…
Walmart Sets New SBTi-Approved Emissions Reduction Target
Retail giant Walmart revealed that it has set a new operational emissions target, with a goal to reduce Scope 1 and 2 greenhouse gas emissions by 28% by FY2031 from a FY2025 baseline. The new target was announced in Walmart’s FY2026 ESG Report, which indicated that the company achieved a significant 7.5% reduction in Scope 1 and 2 emissions in…
U.S. Sustainable Fund Flows Turn Positive for First Time Since 2022: Morningstar
U.S. sustainable investment fund net flows turned positive for the first time in nearly four years in the second quarter of 2026, according to a new report by investment insights and data provider Morningstar, with investors adding nearly $3 billion, and sustainable fund assets rising to a record of nearly $400 billion. The report found that the inflows in the…
TotalEnergies Acquires Shell’s European Onshore Renewables Business
French energy giant TotalEnergies announced 2 key clean energy transactions on Monday, including a deal to acquire Shell’s entire onshore renewables business in Europe, and the sale of a 50% interest in a 1.2 GW onshore solar and wind asset portfolio in Europe to alternative asset and private equity investor KKR. According to TotalEnergies, the transactions align with the company’s Integrated…
What CDP’s 2026 Changes Signal About the Future of Corporate Disclosure
Guest post by: Hana Beckwith, ESG Analyst at Novisto Every CDP cycle brings adjustments, but the scale of what’s changing for 2026 sets this year apart. New topics, expanded commodity coverage and tighter alignment with frameworks like the ISSB’s IFRS S2, the CSRD and TNFD all point in the same direction: CDP is moving further from a standalone questionnaire and…
ESG Today: Week in Review
This week in ESG news: GHG Protocol, ISO to launch unified carbon accounting standards; ECB to adjust value of corporate loans as collateral for climate risk; NTAM loses $160 million mandate to Amundi over exit from climate groups; EFRAG releases proposed CSRD sustainability reporting standards for non-EU companies; Nordea launches new sustainable equity funds; Deutsche Bank reports strongest sustainable finance…
Thermal Battery Provider Antora Raises $550 Million to Power Industry, Data Centers
Energy storage company Antora Energy announced that it has raised $550 million in a Series C funding round, with proceeds aimed at expanding production of its thermal battery technology and accelerating large-scale deployment across the U.S. Founded in 2017, California-based Antora Energy provides thermal batteries that convert low-cost, intermittent renewable electricity into reliable industrial energy. The solution uses renewable energy…
Bill Gates’ Breakthrough Energy Backs Low-Cost Synthetic Jet Fuel Platform Lydian
Synthetic aviation fuel technology company Lydian announced that it has raised $43 million in a Series A funding round, with proceeds aimed at supporting the launch of its platform enabling the delivery of cost-competitive jet fuel with a 95% lower carbon footprint. The new financing round was led by Bill Gates-founded Breakthrough Energy Ventures, marking the first announced deployment from…
Schneider Electric Acquires Grid Resilience Solutions Provider AiDASH for $350 Million
Global energy technology company Schneider Electric announced that it has acquired satellite data and AI-powered risk intelligence provider AiDASH, in a transaction valuing the company at an enterprise value of $350 million. Founded in 2019, Palo Alto-based AiDASH provides vegetation, asset, and climate risk intelligence solutions aimed at helping utilities protect critical infrastructure from weather and environmental risks. The company’s…