Innovation in sustainable investing

In the realm of ESG and sustainable finance, collaboration and partnerships play a very pivotal role in driving meaningful change. As key players in the finance industry, I have observed that banks are increasingly recognising the significance of collaborative efforts to address complex sustainability challenges. It is my firm belief that strategic partnerships enable financial institutions to pool resources, share expertise, and collectively develop innovative solutions that integrate ESG criteria into decision-making processes. By forging alliances, banks can amplify their impact not only by incorporating sustainable practices within their operations but also by influencing the broader financial ecosystem. - Prachurjya Bharaly, Associate Director, Investment Banking

S&P Dow Jones Indices Launches Innovative Biodiversity-Focused Benchmarks

In crafting these biodiversity-focused benchmarks, S&P 500 and S&P Global LargeMidCap index constituents undergo meticulous selection and weighting to ensure alignment with specific environmental and biodiversity objectives. Read more.

AXA IM launches global bond fund centring on carbon transition, seeded by Aon

AXA IM introduces a groundbreaking global bond fund focused on carbon transition, initiated by Aon. The AXA ACT Carbon Transition Global Short Duration Bond Fund employs active management, offering diverse global exposure and dynamic asset allocation across short-dated fixed income assets. Read more.

Dubai launches world's first sustainable mobile floating fire station

This groundbreaking initiative underscores Dubai’s relentless pursuit of enhancing its fire and rescue services while prioritizing environmental sustainability. Read more.

Sunfire Raises $340 Million For Clean Hydrogen Production Tech

German electrolyzer manufacturer Sunfire has secured a substantial investment of €315 million (USD$342 million), including €215 million from a Series E equity financing round and a term loan of up to €100 million from the European Investment Bank (EIB). Read more.

BBVA Launches New Global Finance Unit for Cleantech Innovation

The specialized team, stationed in New York, London, and Madrid, will provide lending and advisory services. Emphasizing the pivotal role of emerging clean technologies in decarbonizing the economy, Carlos Torres Vila, alongside Envision CEO Lei Zhang, highlighted the exponential growth potential of innovation in the green industrial revolution. Read more.

Flexible Financing to Provide Access to Rapidly Deployable EV Charging Stations Across the U.S.

ChargePoint, EnTech Solutions (a division of Faith Technologies Incorporated), and Wells Fargo have forged a groundbreaking partnership to facilitate the widespread adoption of sustainable EV charging infrastructure across the United States. Read more.