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3 Mins Read The US Vegan Climate ETF, the world’s first and only vegan exchange traded fund to date, has celebrated two years of its launch. For the second consecutive year, the fund has outperformed the S&P 500 Index, demonstrating the profit potential of ethical and sustainable investing. The US Vegan Climate ETF, listed under the New York […]
2 Mins Read Launched by Hong Kong-based Sonic Capital and Tavis Digital in Zurich, Sphere wants to support the emerging ecological blockchain sector.
4 Mins Read By: Theresa Gusman An enormous transfer of wealth is underway in America that presents an historic opportunity for the financial services industry and specifically for women advisors and customized ESG investing. Female advisors – though they are outnumbered by their male counterparts by more than four to one – are better positioned to guide the […]
3 Mins Read Many banking customers don’t realise that where they choose to save or invest money could make a difference when it comes to the climate crisis. It’s the premise of the divestment movement, which pressures the financial industry to stop funding fossil fuels in order to protect the planet. But as the average individual customer, how […]
3 Mins Read Credit Suisse has managed to raise US$318 million for its fund dedicated to tech-forward climate solutions. The successful close of the Climate Innovation Fund, despite a scandal-ridden few months for the Swiss investment bank, is indicative of the strong demand from investors for sustainable finance. Credit Suisse announced in late May the closing of its […]
3 Mins Read As sustainable investing gains momentum, more funds touting themselves as “green” are misleading investors. According to a report published by the Economist, some of the world’s biggest ESG funds are “stuffed full of polluters and sin stocks”, suggesting widespread greenwashing practices in the realm of sustainable finance. Sustainable investing has been steadily gaining momentum globally, […]
3 Mins Read Alternative dairy foodtech startup Vly, which creates milk from pea protein, has raised EUR€6.1M(approx. US$7.4M) in a Series A round led by Five Seasons Ventures. The capital raised will help the company scale its R&D and drive growth across the DACH region (Germany, Austria and Switzerland) and into new European markets, including the United Kingdom. […]
4 Mins Read Clothing and home goods marketplace Vinted recently announced that it closed an all-equity round of EUR€250M (approx. US$303M), and as a result, the company’s value now stands at approx. US$4.5 billion, a significant jump from its end 2019 value of US$1 billion valuation. The European startup’s round was led by purpose-driven global investment firm EQT Growth […]
3 Mins Read In a recent announcement, global accelerator-VC Rockstart closed its AgriFood fund at €22m (approx. US$26M), exceeding its initial target, and this will help the firm to invest in more agritech and foodtech startups as well as co-invest in its AgriFood portfolio companies till series B. Amsterdam-based Rockstart’s fund saw support from Vaekstfonden’s Green Future Fund […]
3 Mins Read Non-profit organization Center for Contemporary Sciences(CCS) recently announced its partnership with GlassWall Syndicate to provide financial assistance to those companies that are developing technologies or products that refrain from animal-testing and instead choose alternative sustainable testing methods. Launched in 2020, CCS works on innovative and evidence-based research methods with its foundation in human biology and strives to […]
4 Mins Read Warren Buffett helped to reject a shareholder resolution that would push his multinational conglomerate Berkshire Hathaway to inform investors about climate risks. In addition to defending the dirty oil and gas industry, the billionaire CEO also tore down a resolution that called for greater diversity and inclusion efforts, putting the old-fashioned firm out of step […]
4 Mins Read The Oatly IPO is one of the most anticipated public listings of the year. We spoke to Asia Pacific alt protein investor Michal Klar of Future Food Now, an ecosystem expert we regularly collaborate with (last November, we published the first APAC Alt Protein funding stats on record together), who did a deep dive into […]
4 Mins Read Property investment and development group Hongkong Land recently announced that it signed sustainability-linked loans worth HKD$6.85B (approx. US$882M) in alignment with its commitment to sustainability. Before this announcement, Hongkong Land, one of Asia’s leading real estate group that manages more than 850,000 square metres of property across Hong Kong, Singapore, Beijing, and Jakarta, had signed […]
3 Mins Read Environmental impact firm Agrosingularity recently closed a EUR€1.07m (approx. US$1.2m) seed investment round to scale up its production of ingredients that enables food manufacturers to employ natural and sustainable solutions in its formulations. The round was led by Tech Transfer Agrifood, a fund managed by Clave Capital; Tokavi Activos and Ship2B, through its Equity4Good impact […]
3 Mins Read New Zealand is set to become the first country in the world to introduce a law that would subject financial firms to climate reporting. The law, which is expected to receive its first reading this week, will require banks, insurance firms and investment managers to make disclosures on the impacts of climate change on their […]
4 Mins Read Want to pocket a few extra bucks while making a positive impact on the planet? There’s a platform that does exactly that, helping its users earn solar-powered dollars through its unique financing scheme. Called Sun Exchange, the digital marketplace has already facilitated the construction of dozens of renewable energy projects across Southern Africa, all the […]
4 Mins Read Self-described “bitcoin skeptic” Bill Gates has made his views clear on the cryptocurrency, calling it “not a great climate thing”. The billionaire Microsoft founder made his remarks in a recent New York Times interview, and recent data revealing the enormous energy usage of bitcoin mining seems to back that up. But proponents of digital currencies, […]
3 Mins Read ESG-forward investing seems to be taking over the financial industry, but ex-BlackRock chief investment officer for sustainable investing Tariq Fancy warns that this is simply another form of greenwashing. In an opinion article, Fancy says that the Wall Street is “greenwashing the public with deadly distraction in sustainable investing practices” instead of getting to the […]
3 Mins Read Monde Nissin Corporation, the Philippine-based food conglomerate, has filed for an initial public offering (IPO) aiming to raise ₱63 billion (approx. US$1.3 billion), the country’s largest-ever first-time share sale. The firm, who acquired British legacy vegan and vegetarian brand Quorn in 2015, says the fundraising will fuel its international expansion as it pivots towards the […]
3 Mins Read Goldman Sachs has reaffirmed its sustainability commitments in a new pledge to reach carbon neutrality by the end of the decade. The investment banking giant says it will develop climate data, improve disclosure, and integrate climate-risk considerations throughout its operations in a bold statement penned by its chairman and CEO David Solomon, who said the […]
3 Mins Read A newly published book aims to remedy the gender investing gap by empowering women to invest in a sustainable future. Authored by sustainable finance expert Jessica Robinson, who formerly led the United Nations-backed Principles for Responsible Investment (PRI) in Asia, Financial Feminism: A Woman’s Guide to Investing for a Sustainable Future comes with step-by-step explainers […]