Green Finance

Latam ridesharing tech firm Cabify has ramped up its climate commitments, this time introducing a new blockchain-powered carbon offsetting solution to its app to ensure full traceability on its carbon-neutral pledge. Users will now be able…
Read More...

Gen Zs or “Zillennials” are on track to overtake the famous millennial cohort and are set to transform the way business and investing is done with their flight-shaming, plant-based and zero-alcohol habits. Analysts in a new Bank of America…
Read More...

The Very Good Food Company, the parent group of Canadian plant-based meat brand The Very Good Butchers, has been approved for trading in the U.S. after its first IPO on the Canadian Stock Exchange (CSE) earlier in June this year. It will…
Read More...

Natural Order Acquisition Corp., a new blank check company targeting plant-based foods, has raised US$230 million in its initial public offering, including the full exercise of the underwriters’ over-allotment option. The company intends…
Read More...

Clarity AI, a fintech company that has developed a platform that empowers investors to manage the impact of their portfolio, has raised US$15 million in its latest funding round. The financing will be used to fuel the expansion of its…
Read More...

The real value of support provided by developed countries to help poorer nations respond to the climate crisis is far lower than what has been reported, according to a new Oxfam report. It finds that the real figure could be as low as a…
Read More...

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…
Read More...

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…
Read More...

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.…
Read More...

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…
Read More...

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…
Read More...

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…
Read More...

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…
Read More...

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…
Read More...

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…
Read More...

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…
Read More...

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…
Read More...

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…
Read More...

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…
Read More...

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…
Read More...

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…
Read More...