Two years on from the launch of the Man Global Climate Transition Impact Bond fund, manager Christina Bastin discusses performance, seeking opportunities and why she expects green and transition bond issuance to continue to grow this year. It has been over two years since the Man Global Climate Transition Impact Bond fund launched (in January 2024). Talk us through how…
DSV, United Airlines, Microsoft and Phillips 66 Ink Sustainable Aviation Fuel Deal
Global transport and logistics company DSV announced an agreement with United Airlines, Microsoft and Phillips 66, aimed at enabling large-scale access to sustainable aviation fuel (SAF) According to the companies, the new collaboration is anticipated to unlock up to 41.6 million liters of SAF from Phillips 66, delivering an expected reduction of approximately 100,000 tonnes of lifecycle greenhouse gas emissions…
Watershed Launches New AI Agents to Clean “Messy” Sustainability Data
Climate solutions provider Watershed announced the launch of Watershed agents, providing new AI tools to enable sustainability teams to significantly accelerate data cleaning and analysis. According to Watershed, the new AI tools are being introduced to address a key challenge facing sustainability teams, with data management requiring substantial time investment to collect, clean, aggregate, analyze and report on data. Founded in…
Shell Faces New Climate Lawsuit Over Oil & Gas Drilling, Emissions
Environmental group Friends of the Earth Netherlands (Milieudefensie) announced that it is launching a new court case against Shell, following up on its initial case which resulted in a ruling – subsequently overturned on appeal – requiring the energy giant to slash its emissions, including those from its customers’ use of products. In the new case, Milieudefensie said that, based…
Exergy3 Raises $13.5 Million to Decarbonize Industrial Heat with Unused Renewable Energy
Cleantech startup Exergy3 announced that it has raised £10 million (USD$13.5 million) in a seed funding round, with proceeds to be used to scale its technology designed to address 2 key energy challenges by converting surplus renewable power into clean industrial heat. Industrial heating uses high amounts of energy, often from fossil fuel-based sources, in order to transform materials into…
Eiffel Launches New Short Term Green Bond Fund
Paris-based asset manager Eiffel Investment Group announced the launch of Eiffel Short Term Green Bonds, a new short-duration euro-denominated bond fund investing primarily in green bonds issued by companies in developed countries. According to Eiffel, the new fund, classified as Article 9 under the SFDR regulation, is intended to offer investors with a short-term investment solution combining a defensive risk…