Bloomberg Finance reports that a new fund, the South East Asia Clean Energy Facility, will be boosting clean energy initiatives across Asia in the wake of the COVID-19 pandemic and resulting economic downturn. The Facility, which is being managed by the Singapore company Clime Capital Management Pte., has already received $10M USD in investments and …
Billionaire Hohn-Backed Fund Seeks to Boost Clean Energy in Asia More
Bloomberg reporter Josh Petri writes that, in the light of global warming, major companies around the world are stepping up to lower their carbon footprints and expand sustainable business initiatives. Companies that are serious about combatting climate crisis should focus on sustainable operations, energy efficiency, and renewables. Petri identifies some “encouraging signs” that even the …
Companies Rush to Burnish Their Green Credentials: Week in Green More
George Kell, founding director of the UN Global Compact, writes that the ongoing COVID-19 pandemic is driving even greater interest in sustainable investing. Environmental, social, and governance (ESG) investing is now estimated to be worth more than $30 trillion USD, and COVID-19 sell-offs have not stopped its growth. Kell argues that new technologies, the environment, …
Covid-19 is accelerating ESG investing and corporate sustainability practices More
Bloomberg has reported that Australian-led impact investments in climate change prevention, sustainable energy, green architecture, and similar initiatives will see a five-fold increase over the next five years. In a survey by Responsible Investment Association Australasia, over 90% of investment professionals who responded said that impact investments with a strong green or social component had …
Australia Funds Plan Five-Fold Increase in Climate Investment More
The Yale School of Environmental Studies has reported that companies in Canada will have to account for their environmental impact and commit to making “environmentally sustainable decisions” in order to qualify for economic aid during the Covid-19 pandemic. In order to apply for government loans, Canadian companies must commit to submitting reports that disclose how …
To Get Covid-19 Relief, Companies in Canada Will Have to Disclose Climate Impacts More
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