Texas Attorney General Ken Paxton announced that he has launched an investigation into proxy advisory firms Glass Lewis and Institutional Shareholder Services (ISS), alleging that the companies potentially misled investors by recommending they vote for companies implementing DEI and sustainability policies. In a statement announcing the investigation, Paxton said that the firms were “issuing voting recommendations that advance radical political…
Google announced the launch of a new partnership with waste management solutions startup Vaulted Deep, aimed at removing carbon from the atmosphere, and helping establish a methodology to measure methane emissions reductions. Spun out of injection well-focused waste management company Advantek in 2023, Vaulted Deep partners with municipalities, industrial operators, and agricultural producers to manage their organic waste that can’t…
After dropping down the priority list for CEOs, sustainability has once again resumed growing in importance for corporate leaders, who now speak less about sustainability, but increasingly tie it to business value, as consumers and B2B buyers reward businesses for providing sustainable products and services, according to a new survey released by global management consultancy Bain & Company. Among the…
Energy equipment and solutions provider Sympower announced that it has secured a €19 million (USD$22.6 million) investment from Dutch pension fund manager PGGM, acting on behalf of pension fund PFZW, with proceeds aimed at supporting the acceleration of the expansion of its energy flexibility services across Europe. The new investment forms an extension of Sympower’s Series B1 funding, bringing the…
Responsible investing has morphed from a movement into a an industry on course to command $50trn in assets by 2025— a third of the capital at work in the markets, says Nuveen’s global head of responsible investing. Yet approaching responsible investing has remained as difficult as ever with hard to define and hard to measure dynamics, critics who’ve branded the…
Green data center developer Soluna Holdings announced that it has secured a $100 million scalable credit facility from sustainable infrastructure investor Generate Capital, providing financing to support Soluna’s pipeline of clean data centers. Founded in 2018, Albany, New York-based Soluna builds data centers powered by renewable energy, while also solving the “wasted energy” challenge facing the renewable energy sector. The company…
Sustainability technology-focused venture capital investor Giant Ventures announced today the appointment of Zenetta Burger as Partner, responsible for leading the firm’s U.S. presence. Founded in 2019, London-based Giant Ventures backs purpose-driven technology founders with solutions aimed at helping to solve global challenges. The firm invests at Pre-Seed, Seed and Series B levels in Europe and the U.S., across the key…
S&P Global’s sustainability-focused business unit S&P Global Sustainable1 and private markets ESG-focused data solutions provider Novata announced an expansion of their collaboration, with Novata to serve as Sustainable1’s technology partner to power sustainability data management solutions for clients. S&P Global supported the launch of Novata in 2021, alongside the Ford Foundation, asset management firm Hamilton Lane, and social change-focused investment firm…