Archive

BlackRock and Temasek's Decarbonization Partners closes debut fund at $1.4bn

Decarbonization Partners - a joint-venture between BlackRock and Temasek - has closed its first fund, a late-stage venture capital and growth private equity vehicle, at $1.4 billion.

Data providers neglecting impact, says KBIGI

Providers of sustainability data are failing to address the potential market for information on environmental and social impacts, according to KBI Global Investors (KBIGI).

'Tide has turned' on UK water companies

Water utilities face a conundrum as they look to invest to address environmental issues, Thomas Cox writes

KBI flags 'accelerating change' in water

Water funds see returns sink

Almost all European or Asian water funds posted negative returns over the past year, writes Thomas Cox

KBI: Nuclear and gas are negative for SDGs

Nuclear and natural gas are negatively aligned with the UN's Sustainable Development Goals (SDGs) due to environmental concerns, despite the EU classifying them as sustainable,...

US Senate passes 'game-changing' $369bn climate investment package

The US Senate has passed the flagship economic package of President Joe Biden which includes $369 billion dedicated to climate and clean energy investment, in a development one investor described as "shifting the world's largest economy forever towards a greener future".

0.8% of KBI's water strategy is 'detrimental' to SDGs

Just 0.8% of the revenue of Irish asset manager KBI Global Investor's water strategy is "detrimental" to the UN Sustainable Development Goals (SDGs), it has said.

KBI changes its mind on the sustainability of burning biomass

KBI Global Investors said a reclassification of the way it judges the positive and negative impact of its own investments has seen its overall impact score drop compared with last year - with companies involved in burning of biomass and natural gas distribution behind the rerating.

EU taxonomy has lessons for impact investing - KBI

Impact investors have been encouraged to repurpose the revenues-based approach of the EU's taxonomy for sustainable activities and use it to assess a portfolio's net contribution to the Sustainable Development Goals (SDGs).