Oasthouse Ventures to invest $104.8 million in sustainable indoor farming in Virginia
RICHMOND, VA — Oasthouse Ventures Ltd., a UK-based sustainable business development firm, will invest $104.8 million to establish its first U.S. controlled environment agriculture operation in Carroll County, Virginia, Governor Glenn Youngkin…
Sustainable fund flows drop sharply, but stay positive in Q2
By Cole Horton (Reuters) – Global sustainable funds saw net new deposits plummet last quarter as concerns about a looming recession weighed on investors, but they held up better than their traditional…
U.S. sustainable funds returned to inflows in June – report
By Cole Horton (Reuters) – Investors resumed deposits into U.S. sustainable funds last month, marking a return to the norm after net withdrawals in May broke a three-year streak of monthly inflows,…
Tokyo, City of London seek to deepen collaboration on sustainable finance
TOKYO – Tokyo aims to deepen its ties with the City of London by promoting financial collaboration and exchanging information, while promoting the push towards sustainable finance, Governor Yuriko Koike said on…
U.S. sustainable funds mark rare outflow in May
By Ross Kerber (Reuters) – Investors in May pulled $3.5 billion from U.S. mutual funds using environmental, social and governance (ESG) factors, researcher Morningstar Inc said on Thursday, a break with years…
Turkish finance minister says economy liberal, growth sustainable
ISTANBUL – Turkey’s Finance Minister Nureddin Nebati said on Saturday that the Turkish economy is liberal and will continue to grow in a sustainable way after the government introduced steps to support…
Russia’s inflation slowdown cannot yet be seen as sustainable – cenbank
(Reuters) – The slowdown in Russia’s consumer price growth cannot yet be regarded as sustainable, the country’s central bank said in its review of trends on Thursday. Consumer price growth in Russia…
ECB’s Centeno says policy normalisation must happen in sustainable way
LISBON -The normalisation of the European Central Bank’s monetary policy after a long period of ultra-low interest rates is needed and must happen in a sustainable way, increasing the ECB’s intervention capacity,…
Canada banks face ‘greenwashing’ claims as oil & gas firms obtain sustainable financing
By Nichola Saminather TORONTO – For banks in Canada, one of the world’s largest oil producers, it’s not easy being green. In the past two years, Canadian banks have increased the amount…
State of Sustainable Fleets Report Finds Fleets Are Accelerating Use of Clean Vehicles
“We are seeing an incredible acceleration in the investment being made from all sides of the alternative fuel vehicle market driven by increasing commitments to environmental sustainability and carbon reduction and to find more cost-effective transportation options given today’s record-breaking gasoline and diesel…
European green, social, sustainable bond sales could reach 1.6 trln euros in 2026 – study
By Federica Urso (Reuters) – Sales of Green, Social and Sustainability (GSS) bonds in Europe could total 1.6 trillion euros ($1.68 trillion) by 2026, making up almost half of all new bond…
Cathay to launch major corporate sustainable aviation fuel programme
(Reuters) – Hong Kong’s Cathay Pacific Airways Ltd said on Wednesday it would work with corporate customers to launch a major corporate sustainable aviation fuel (SAF) programme in Asia, as firms look…
Arup announces new leadership as firm broadens reach and sharpens focus on sustainable outcomes across the Americas
Guided by Arup’s mission to shape a more sustainable world through high quality work and innovative solutions, the firm also announced a new regional leadership, organized to deliver exceptional service to clients…
EU advisers propose expansion of sustainable finance rules
By Simon Jessop and Kate Abnett LONDON – European Commission advisers on Monday proposed an expansion of the bloc’s sustainable finance rules to better grade activities such as gas-fired power plants that…
Janet Yellen Defends Sustainable Investing Craze That’s Trying To End US Oil And Gas Drilling
Janet Yellen Defends Sustainable Investing Craze That’s Trying To End US Oil And Gas Drilling Harry Wilmerding on March 25, 2022 Treasury Secretary Janet Yellen defended sustainable investing practices and climate change…
Democrats Look To Sustainable Investing Craze As Means For Pushing Climate Agenda
Democrats Look To Sustainable Investing Craze As Means For Pushing Climate Agenda Thomas Catenacci on March 23, 2022 Democrats have increasingly pushed their expansive climate agenda through the financial sector and legal…
SAP, Boston Consulting JV to help companies become sustainable
By Simon Jessop LONDON – Tech giant SAP and Boston Consulting Group said on Tuesday they would team up to help some of the world’s biggest companies overhaul their business strategy and…
‘Sustainable’ funds are no more green than traditional products, study finds
LONDON – Investment funds that market themselves as sustainable under European rules get similar levels of “green revenues” through the companies they invest in as traditional funds, according to a new study…
Demand for sustainable funds wanes as Ukraine war puts focus on oil and gas
By Patturaja Murugaboopathy and Simon Jessop LONDON – Demand for sustainable stock funds waned in February as Russia’s invasion of Ukraine hit investor sentiment and higher gas prices and energy security fears…
Brazil’s Embraer signs R&D partnership with Widerøe and Rolls-Royce on sustainable aircraft
– Brazil planemaker Embraer said on Wednesday it signed a research partnership with Norwegian company Widerøe and Rolls-Royce aiming to create a conceptual zero-emission regional aircraft. The study will last 12 months…
JPMorgan asset arm creates new team to focus on sustainable investments
– JPMorgan Chase & Co’s asset management arm said on Monday it had created a new private equity team to focus on sustainable investments, the bank’s latest move to align its activities…
Germany Says Nuclear Energy Is ‘Dangerous,’ Slams EU For Labeling It Sustainable
Germany distanced itself from the European Union’s position on nuclear power, arguing that the energy source is dangerous and wasteful, the Associated Press reported Monday. The German government “expressly rejects” the EU’s…
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