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esg investing

Credit Suisse Raises US$318 Million Climate Fund To Fuel Sustainable Tech

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 […]

New Data Shows Rampant Greenwashing In Sustainable Finance, With ESG Funds ‘Stuffed’ Full OF Fossil Fuel Stocks

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, […]

‘Chevron Is Not An Evil Company’: Warren Buffett Rejects Climate & Diversity Shareholder Resolution At Berkshire Annual Meeting

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 […]

Robert Downey Jr. Launches Venture Fund To ‘Catalyse’ Sustainable Tech Investment

3 Mins Read Hollywood actor Robert Downey Jr. has formed a new venture fund focused on sustainable technology. Launched on AngelList, the new rolling fund FootPrint Coalition Ventures aims to “catalyse more capital” to multiply the impact of tech-forward climate solutions and innovations, said Downey Jr.  Announcing the launch during a high level panel at the World Economic […]

As Sustainable Investing Takes Off, China’s Poor ESG Ratings Are A Major Problem

3 Mins Read With more investors embracing a sustainable ESG-based strategy, a trend that has received a major boost amidst the coronavirus pandemic, China is losing its allure despite being an enormous and fast-growing emerging market. Ranking bottom on ESG ratings among all major economies in the world, experts warn that lagging behind when it comes to sustainability […]