Browsing tag

green finance

World’s First Vegan ETF Outperforms S&P For Second Consecutive Year

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 […]

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, […]

Gaming Lifestyle Co Razer’s New Green Fund Makes First Investment Into Plastic-Free Toilet Paper Startup Bambooloo

5 Mins Read Razer, a billion-dollar global lifestyle brand for gamers, recently launched a new US$50 million Razer Green Fund and its very first green investment is in Bambooloo, a Singapore-based zero waste home goods brand focused on greening toilet paper. As part of its plan to support sustainable startups, Singaporean-American tech firm Razer has launched a green […]

Global Accelerator-VC Rockstart Closes Its AgriFood Fund At €22M To Power A Regenerative & Sustainable Future

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 […]

Green Finance: Hongkong Land Signs HKD$6.85B Sustainability-Linked Loans

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 […]

‘Wall Street Is Greenwashing Finance’, Says Former BlackRock Sustainable Investing CIO

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 […]

‘No Slowdown’ In Sustainable Finance: Goldman Sachs To Go Net-Zero By 2030

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 […]

Financial Feminism: New Sustainable Investing Manual Takes On The Gender Gap

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 […]

Save Money & The Planet? Climate & FinTech Startup Creed To Debut Budget Planning & Emissions Tracking App

3 Mins Read Have you ever thought about how you could make a positive impact with your money? London-based startup Creed is about to debut its new mobile app aiming to do just that, combining finance with climate impact management. Features on the platform include spending management, carbon footprint tracking, offsetting emissions and more. Set to launch soon, […]

H&M: 7-Times Oversubscribed Sustainability-Linked Bond Draws US$4.6 Billion In Orders

3 Mins Read H&M Group’s newly issued €500 million (US$606 million) sustainability-linked bond (SLB) garnered huge interest on the market. The bond was 7.6-times oversubscribed, attract ingmore than US$4.6 billion orders in a strong sign of the greener investment sentiment taking over the financial industry.  H&M has issued a €500 million (US$606 million) SLB with a maturity of […]

Climate First Bank Opens In Florida With ESG-Forward Principles & Community Values-Based Services

4 Mins Read A new values-based financial institution, Climate First Bank (In Organisation), will soon be opening its doors in Florida this year. The bank will support the community through ESG-forward principles, offering customers all the conventional services of a bank with a special emphasis on sustainability to drive a “new and conscious way of banking”. It comes […]

Top 10 Sustainability Trends: Our 2021 Eco Wellness Predictions

12 Mins Read It’s that time of the year again, a new dawn, or in 2021’s case, a better dawn, because hey, what can be worse than 2020? New year = new set of Green Queen trend predictions (proud to share that we still haven’t been wrong yet). This year, for the first time, we have two separate […]

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 […]

HKEX Launches Green Exchange ‘STAGE’ To Support Sustainable Finance Push

3 Mins Read Hong Kong Exchanges and Clearing Limited (HKEX) has launched its new investment platform dedicated to sustainable finance amidst rising demand from Asian investors. Called the Sustainable and Green Exchange (STAGE), the new platform serves as an online product repository of ESG-focused products across multiple sectors as well as a resource hub for sustainable finance across […]