ESG
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Amazon Signs Deal for Low Carbon Cement with Brimstone
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Sustainability-focused industrial solutions provider Brimstone announced a new commercial agreement with Amazon, reserving annual volumes of Brimstone’s low-carbon cement from its forthcoming plant. The agreement was announced alongside successful…
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JPMorgan Mansart Launches Sustainability-Focused Global Equity Fund
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J.P. Morgan’s specialist asset management business Mansart has launched the J.P. Morgan Mansart iCubed Global Equity Select Fund, a new fund aimed at providing exposure to developed market equities,…
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Lenovo Launches Solution to Reduce Lifecycle Carbon Footprint of IT Devices
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Global technology hardware company Lenovo announced the launch of TruScale Device as a Service (DaaS) for Sustainability, a new solution aimed at enabling organizations to reduce the carbon footprint…
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Shein Fined €1 Million for Greenwashing in Italy
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The Italian Competition Authority (AGCM) announced that it has fined global fashion online retailer Shein’s website operator Infinite Styles Services Co €1 million (USD$1.15 million) for greenwashing, after finding that…
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Meta Builds New Data Center with Wood to Cut Carbon Footprint
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Facebook, Instagram and WhatsApp owner Meta announced a new initiative aimed at cutting the embodied carbon footprint of its data centers, piloting the use of mass timber in the…
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Texas Judge Greenlights Multi-State Lawsuit Accusing BlackRock, Vanguard, State Street of Using Climate Initiatives to Manipulate Energy Markets
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A U.S. federal judge has denied motions to dismiss most of the claims in a multistate lawsuit accusing asset managers BlackRock, Vanguard and State Street of violating antitrust laws…
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KKR Commits $170 Million to Grow Clean Energy Platform Greenvolt
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Clean energy developer and producer Greenvolt announced today a €150 million (USD$171 million) share capital increase, fully subscribed by alternative asset and private equity investor KKR, aimed at supporting…
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Barclays Reports £500 Million in Sustainable Finance Revenues
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UK-based bank Barclays published a new sustainability-focused presentation for investors, revealing that revealed that it earned approximately £500 million (USD$660 million) in revenues from sustainable and transition finance activities…
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21 States Warn BlackRock, JPMorgan Against Considering Sustainability as a Long-Term Risk Factor in Investments
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A group of state treasurers and financial officers from 21 U.S. states* has sent a series of letters to the CEOs of several major investment firms including BlackRock, JPMorgan…
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Lyten Raises $200 Million to Fund Acquisitions of Northvolt Battery Assets
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Advanced materials company Lyten announced that it has raised $200 million in equity investments aimed at supporting its acquisition strategy, as the company continues to acquire assets from bankrupt…