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Green Finance
Global Firms Managing Assets Worth US$16 Trillion Agree To Scale-Up Sustainable Investment
After a meeting with United Nations secretary-general António Guterres, an alliance of the world’s biggest firms have agreed to deliver strategies to scale-up sustainable investments. With countries around the world still reeling from the!-->…
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New Plant-Based Food Company Files For IPO To Raise US$250M & Top Beyond Meat Record
Natural Order Acquisition Corp., a blank check company founded this year and focused on sustainable plant-based food products, has filed with the U.S. Securities and Exchange Commission (SEC) to raise US$250 million in an initial public!-->…
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World’s Biggest Investors Tell 161 Corporate Polluters To Clean Up Their Act
Climate Action 100+, an initiative backed by over 500 of the world’s biggest institutional investors that together manage more than US$47 trillion in assets, has written to 161 big-emitting companies demanding them to set climate targets.!-->…
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Long-Term Stock Exchange Launches In U.S. To Push ESG-Forward Investing
The Long-Term Stock Exchange (LTSE) recently started trading in the U.S. with the goal to turn capitalism around for the planet and people. Discouraging quarterly reporting and requiring all firms to consider all stakeholders, the LTSE!-->…
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One Year Later: First Vegan ETF Proves Climate Investing Is Profitable
One year ago, Beyond Investing launched the world’s first cruelty-free and climate-forward exchange-traded fund (ETF), the US Vegan Climate ETF, on the New York Stock Exchange under the ticker VEGN. Now, one year later, VEGN stands strong!-->…
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90% Global Public Investors Have ESG Investment Policies, New Survey Finds
Over 90% of global public investors now have specific environmental, social and governance (ESG) investment policies in place or are in the process of implementing them, reveals a new survey from independent think tank OMFIF and American!-->…
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BNP Paribas Launches Australia’s First Climate-Linked Bond
BNP Paribas has announced the successful issuance of equity-linked green bonds totalling A$140 million (US$99.6 million) marking the first to be linked to the Australian Climate Transition (ACT) Index. The ACT Index is based on several!-->…
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Google Parent Alphabet Issues US$5.75B In Sustainability Bonds
Google’s parent company Alphabet Inc. has just issued US$5.75 billion in sustainability bonds, in what it claims is the biggest green bond issued by any firm to date. The proceeds will support investments in both environmental and social!-->…
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Law Student Sues Australian Government For Misleading Investors Over Climate Risk
A 23-year-old law student in Melbourne, Australia has filed a lawsuit against the Australian government over failure to disclose the financial risks of climate change to a number of safe investments, including government bonds. Katta!-->…
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Singapore Central Bank Hires Ex-WWF Green Finance Head As Resource Lead To Boost Sector
Singapore’s central bank, the Monetary Authority of Singapore (MAS), has recently hired Jeanne Stampe as green finance resource lead. Stampe is a former WWF head of sustainable finance in Asia. The move is yet another indication of the!-->…
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Asian Meat Industry Rated High ESG Risk, Report Warns Investors
Analysts have warned investors that the lack of compliance to environmental, social and governance (ESG) risks amongst publicly listed meat companies in Asia makes them highly susceptible to zoonotic diseases. The report also lists meat!-->…
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BlackRock Punishes 53 Companies Over Carbon Emissions, 191 On Watchlist
BlackRock, the world’s largest asset manager, has just revealed that it has punished 53 companies in its portfolio over climate inaction. The move is a part of the firm’s ramping up of its climate engagement with businesses after it joined!-->…
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Sustainable Investments Are Outperforming Traditional Funds According To Latest Data
New data comparing sustainable investments with traditional funds shows that environmentally-friendly focused investments bring greater returns. The evidence comes amid strengthened interest in sustainable investments prompted by the dual!-->…
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Asia First: HKEX Announces New Sustainable & Green Investment Platform
Hong Kong Exchanges and Clearing Limited (HKEX) has announced plans to launch a new Sustainable and Green Exchange (STAGE), representing the first-of-its-kind in Asia. The new information platform will act as a central hub for data on!-->…
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Green Finance: Link REIT Secures HK$1B Sustainability-Linked Loan
Link Asset Management, the manager of Link REIT, has just secured a five-year sustainability-linked loan of HKD$1 billion (US$129 million) from Singapore-headquartered OCBC Bank. It marks the property company’s first sustainability-linked!-->…
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Asian Development Bank Calls For Sustainable “Blue Economy” To Save Our Oceans
The Asian Development Bank (ADB) has called on Asia to begin focusing on building a new sustainable “blue economy”. The region’s development bank says that in order to preserve livelihoods and the planet, the continent must begin!-->…
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ADB Ventures To Start Investing In Climate & Gender Impact Asia Startups
ADB Ventures, a new venture platform to support and invest in startups offering tech-based impact solutions to contribute to the Sustainable Development Goals (SDGs), has just announced that it will start making investments. It follows the!-->…
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Hong Kong Regulators Launch Sustainable Finance Steering Group
Initiated by the Hong Kong Monetary Authority (HKMA) and the Securities and Futures Commission (SFC), the newly established Green and Sustainable Finance Cross-Agency Steering Group aims to coordinate between different sectors to push the!-->…
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Green 50: Top Business Moves That Helped The Planet From Patagonia To Unilever
By: Adria Vasil Laura Väyrynen & Toby Heaps
In the 50 years since Earth Day was launched, which companies stepped up to deliver green solutions?
It’s been 50 years since the first Earth Day in 1970, when 10 million people took to!-->!-->!-->!-->!-->…
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Covid-19 Pandemic Strengthening Asian Interest In Sustainable Investment
Rich investors in Asia are displaying growing interest in sustainable investments as the coronavirus shifts mindsets towards concerns about public health and the environment, according to UBS. The Swiss multinational investment firm’s!-->…
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Goldman Sachs Forms Joint Venture To Launch Commercial & Industrial Solar Projects
A partnership between Goldman Sachs and Telos Clean Energy will see a new joint venture to develop, construct, own and operate distributed solar power projects for commercial and industrial customers. With up to US$275 million funded by!-->…
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