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ESG is the private equity industry’s next frontier

Corporate Knights

But PE is well placed to lead sustainable investing. The industry is large – so large that society won’t be able to tackle the climate crisis and other major challenges without the active participation of PE firms and their portfolio companies. InBC Investment Corp.

Net Zero 313
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Climate Tech Investor Planet First Partners Leads $75 Million Capital Raise for Quantum Computing Startup Riverlane

ESG Today

Quantum computing technology company Riverlane announced today that it has raised $75 million in a Series C funding round led by Article 9 growth equity sustainable investment platform Planet First Partners, with proceeds aimed at helping the company meet “surging global demand” for quantum error correction (QEC) technology.

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SBTi Limits Carbon Credit Use in Latest Guidance

Chris Hall

In December, a survey of more than 900 institutional investors by the Morgan Stanley Institute for Sustainable Investing found that nearly 40% of asset owners used carbon offsets to mitigate portfolio emissions, while 31% of asset managers said they offered clients offsets linked to specific products or aggregated emissions.

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BMW Invests $750 Million to Convert UK MINI Plant to All-Electric Production

ESG Today

The facility is gearing up to build two new all-electric MINI models from 2026, with 2030 volume planned to be entirely electric. and EU, such as the Inflation Reduction Act , and the Green Industrial Plan , in order to attract large-scale investment.

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Show Your Working

Chris Hall

Difficulties in definition continue to thwart efforts to demonstrate the financial benefits of sustainable investments. Sustainable fund flows attracted US$37 billion of net new money in Q4 2022, with global sustainable fund assets reaching a total of US$2.5 trillion by 2026, up from US$18.4 trillion in 2021.

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Global Regulatory Brief: Green Finance, January Edition

3BL Media

Originally published on bloomberg.com Green finance regulatory developments The 2023 United Nations Climate Change Conference (COP28) galvanized the energy around the global green finance agenda, setting the stage for a busy 2024 of green-related rulemaking and policy guidance for the financial services sector.

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Modern Slavery’s Accountability Gap

Chris Hall

We see modern slavery as one of the big issues alongside climate change that has the potential to affect every aspect of the modern economy, he says. Were working with a few potential providers for VAS 2026, which will benchmark the quality of narrative reporting, he says.