Steve Waygood (pictured) has stepped away from his role as chief sustainable finance officer – and nearly two decades at Aviva Investors – to become the new founding CEO of think tank the Finance Transition Centre (FTC). The think tank will focus on mobilising capital to accelerate the global shift to a sustainable economy. Commenting on the move, Waygood said:…
Blackstone Acquires Environmental Compliance Services Provider Alliance Technical Group from Morgan Stanley
Alternative investment manager Blackstone’s energy-focused private equity business, Blackstone Energy Transition Partners, announced the acquisition of environmental testing, monitoring and compliance services provider Alliance Technical Group (ATG) from Morgan Stanley Capital Partners. Founded in 2000 and headquartered in Alabama, ATG provides environmental management and compliance solutions for companies and brands in North America. The company’s suite of solutions include source…
Sustainability Investor Impax Hires Former HSBC AM UK CEO Stuart White
Sustainable transition-focused investor Impax Asset Management announced today the appointment of former HSBC Asset Management UK CEO Stuart White to the newly created position of Executive Director, Business Development. White joins Impax after 15 years at HSBC, including five years as Chief Executive Officer, UK & Global Head of Official Sector Institutions of the firm’s asset management business. Additional roles…
Impact Investing Advisory Human Planet Hires Sabrin Rahman to Lead MENA Expansion
Global impact finance firm Human Planet announced the appointment of former HSBC sustainability leader Sabrin Rahman as Partner, responsible for leading the company’s expansion into the Middle East and North Africa (MENA). Launched in 2022, Human Planet is a global impact finance-focused firm, providing advisory services aimed at helping NGOs, governments, and investors to mobilize capital for large-scale climate action…
HASI, Sunrun Launch $500 Million JV to Finance and Build New Solar and Storage Residential Power Plants
Climate solutions and sustainable infrastructure investment firm HA Sustainable Infrastructure Capital (HASI) announced that it will invest up to $500 million in a new joint venture with residential clean energy provider Sunrun, aimed at financing and developing home-based distributed energy assets across the U.S. Founded in 2007, San Francisco-based Sunrun provides home battery storage, solar, and home-to-grid power plants, including offering…
Philippines Launches Mandatory IFRS-Based Sustainability Reporting Standards
The Philippine Securities and Exchange Commission announced the adoption of the Philippine Financial Reporting Standards (PFRS) on Sustainability Disclosures, a new set of sustainability and climate-reporting guidelines based on the standards developed by the IFRS Foundation’s International Sustainability Standards Board (ISSB). The new standards will form the basis of new mandatory sustainability and climate-related reporting requirements being implemented by the…