Browsing tag

sustainable investment

VegTech Invest Launches Its First Plant-Based ETF On The New York Stock Exchange

3 Mins Read The VegTech Plant-based Innovation & Climate ETF has been unveiled. Launching on the New York Stock Exchange, it features a portfolio of 37 publicly-traded companies. Each is immersed in plant-based innovations including ingredient development and animal-free product design.  Companies included in the ETF have been selected for their commitments to addressing issues such as the […]

Beyond Investing: Vegan Investment Platform Expands Range Of Animal-Free Indices & Funds

4 Mins Read After debuting the world’s first cruelty-free and climate-forward exchange-traded fund (ETF), the U.S. Vegan Climate ETF, vegan investment platform Beyond Investing has just expanded its existing range of animal-friendly investment products to offer a Europe Vegan Climate Index, Vegan World Index Certificate and U.S., U.K. and global vegan venture capital funds. Jersey-based Beyond Investing has […]

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, […]

‘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 […]

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 […]

With Climate Change As First Priority, Temasek’s Initiatives Are In Line With Singapore’s Sustainability Plans

6 Mins Read Singapore-based investment company Temasek recently announced that Dilhan Pillay Sandrasegara, currently the CEO of their commercial arm Temasek International, will succeed Ho Ching in her roles as Temasek CEO and executive director from October of this year, with Pillay emphasizing that climate change will be the main focus for the firm going forward. This is […]

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 […]

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 […]

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 […]

Global Firms Managing Assets Worth US$16 Trillion Agree To Scale-Up Sustainable Investment

3 Mins Read 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 devastating economic fallout from the coronavirus pandemic, Guterres described action from the private sector “more important than ever” and urges businesses […]

Long-Term Stock Exchange Launches In U.S. To Push ESG-Forward Investing

3 Mins Read 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 offers companies and investors an alternative to traditional securities exchanges.  Launched on Wednesday (September 9), the LTSE’s debut comes […]

One Year Later: First Vegan ETF Proves Climate Investing Is Profitable

3 Mins Read 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 and has proven that climate-conscious investing isn’t just ethical, but it’s profitable too.  Since its inception, VEGN has […]

90% Global Public Investors Have ESG Investment Policies, New Survey Finds

3 Mins Read 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 financial services firm BNY Mellon. The research also found that investors have been especially motivated to adopt ESG […]