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….
Energy and automation digital solutions provider Schneider Electric announced the acquisition of climate consulting and net zero solutions provider EcoAct. Founded in 2006, Paris, France-based EcoAct provides services and solutions to help businesses implement positive change in response to climate and carbon-related challenges, while driving commercial performance. The company employs over 360 climate, carbon and energy-focused experts, and offers a…
The U.S. General Services Administration (GSA) announced today a $2 billion investment, directed to government building construction projects using low-embodied carbon (LEC) materials, including LEC asphalt, concrete, glass and steel. According to the GSA, the investment aims to catalyze the market for American-made low carbon and expand U.S. capacity for manufacturing next-generation goods and materials, in addition to helping to…
France’s Minister of the Economy, Finance and Recovery Bruno Le Maire announced today a series of updates to the French Socially Responsible Investment (SRI) label, aimed at making the label more demanding and climate-oriented, including new rules that would effectively exclude most oil and gas companies from SRI-labelled funds. The SRI label was launched by the French Ministry of the…
Global investment professional association CFA Institute announced today the launch of a new Climate Risk, Valuation, and Investing Certificate, aimed at providing financial professionals with climate-related investment expertise, and to integrate climate considerations into valuation and portfolio construction processes. According to CFA Institute, the new certificate is being launched to meet the growing market demand by investment firms for staff…
Asset manager American Century Investments announced the launch of American Century Global Sustainable Value Equity strategy, a new fund aimed at generating strong risk-adjusted returns by investing in undervalued companies that are expected to benefit from improving sustainability characteristics. Sarah Bratton Hughes, Head of Sustainable Investing at American Century Investments, said: “Instead of focusing on companies that are already known…