Legal & General Investment Management (LGIM), one of Europe’s largest asset managers, announced the launch of the L&G Future World ESG Emerging Markets Government Bond Local Currency Index Fund, the first in a series of new funds aimed at providing investors with exposure to an enhanced sovereign ESG framework, and the integration of ESG across sovereign debt. Additional funds to…
Professional education platform xUnlocked announced today that it has raised £5 million (USD$6.1 million) to support its growth, through a Series A investment by professional and vocational education company BPP Education Group. Founded in 2017, UK-based xUnlocked provides training for professionals through its platforms Finance Unlocked, focused on financial training and development for business professionals, and Sustainability Unlocked, launched by…
CRM solutions platform HubSpot announced today a new commitment to reach net-zero greenhouse gas emissions (GHG) across its value chain by 2040. Alongside the new commitment, HubSpot also announced that it has achieved validation from the Science Based Targets Initiative (SBTi) for its emissions reduction targets. Validated targets include the company’s near-term goals to reduce absolute scope 1 and 2…
Private banking and asset management company Edmond de Rothschild announced today the appointment of Nathalie Wallace as Chief Sustainability Officer. Based in Paris, Wallace will oversee all the group’s sustainability initiatives, in both asset management and private banking, and further develop the firm’s ESG strategic focus, working with the investment teams to ensure sustainability objectives are met, and help to…
Investment giant BlackRock and energy major Occidental (Oxy) announced today a new partnership which will see BlackRock invest $550 million on behalf of clients in STRATOS, set to become the world’s largest Direct Air Capture (DAC) facility, currently under construction by Oxy’s carbon capture-focused subsidiary 1PointFive. Under the new agreement, BlackRock, through a fund managed by its Diversified Infrastructure business,…
Climate research provider and environmental disclosure platform CDP and the European Financial Reporting Advisory Group (EFRAG) announced today the launch of a new agreement which will see CDP maximize the alignment of its disclosure system with the EU’s recently adopted European Sustainability Reporting Standards (ESRS). CDP runs a global environmental disclosure system, enabling investors and other stakeholders to measure and…
Private equity and venture capital investor EQT Group announced an agreement by EQT Infrastructure to acquire UK-based battery storage and flexible generation infrastructure developer and operator Statera Energy from InfraRed Capital Partners. Founded in 2015, London-based Statera develops, owns, and operates large scale energy storage and flexible generation, assets, as well as pumped hydro and green hydrogen projects. It has…
Battery materials recycling and repurposing-focused cleantech startup Princeton NuEnergy (PNE) announced that it has raised $16 million at the initial closing of its Series A funding round, with proceeds aimed at advancing the company’s lithium-ion battery recycling technnology. Lithium-ion batteries are used in electric cars as well as for solar-power backup and in electronic devices such as phones and laptops….