Category: ECO_INVEST_CN

Regulators and other standard-setters worldwide are building a consensus behind uniform rules for gauging sustainability that could help CFOs generate credible ESG reports.

Republican state and federal lawmakers, their campaign coffers filled with fossil fuel donations, are quietly building a nationwide effort to pass anti-divestment bills that would punish financial institutions that consider the climate crisis in their business deals or try to do something about it by not working with fossil fuel companies.

A growing tidal wave hitting businesses can be summarized in three letters – ESG. The environmental, social and governance investing movement may not have fully grabbed the public’s attention – yet – but it is rapidly growing on national and international business radars. In fact, ESG assets are expected to exceed $50 trillion globally by 2025.

The chief executive of a Portland area-based battery company believes his products could play a critical role in fighting climate change, storing the energy produced by wind and solar for hours instead of having it dumped whenever consumer demand dips.

Europe’s biggest banks led by HSBC, Barclays and BNP Paribas have provided £24bn to oil and gas companies that are expanding production less than a year since pledging to target net zero carbon emissions, data shows.

Today, the Chan Zuckerberg Initiative (CZI) announced $44 million in funding to develop and scale promising technologies to help address climate change as part of an exploration of cutting-edge and emerging solutions, including carbon dioxide removal (CDR). Employing innovative financing strategies—including grants, investments, and making carbon removal purchases directly from companies—is part of CZI’s approach to accelerating action on climate change.

For the leaders of the divestment movement, which encourages institutional investors to sell off their shares in fossil fuel companies, winning isn’t everything. Eroding public support for the sector has been considered valuable work in itself. But after a decade of determined lobbying, the divest side is suddenly doing a lot of winning.

We want to do something real to protect a livable planet. Money—especially the banks we keep it in—is crucial. Join our pledge.

Investors voice confidence that the market will remain healthy, seeing continuing growth amid shifting investor priorities

NineDot Energy has spent the past six years finding ways to work in New York City’s congested and ever-changing distributed-energy market, from analyzing the value of distributed solar to developing and selling megawatt-scale fuel-cell projects in the Bronx and Staten Island.