Archive

News round-up: Japan's net zero goal, Willis Towers Watson, Rockefeller Foundation ... and more

$5trn of investors set 'unprecedented' 1.5°C emissions target

Some of the world's largest investors, with a combined $5 trillion in assets, have pledged to implement deep greenhouse gas (GHG) emissions reductions in their portfolios over the next five years, putting them on course to help limit global warming to 1.5°C.

Tideline launches impact verification business

US-based consultancy Tideline has launched BlueMark, a separate business to provide 'verification' of investors' claims of positive impact.

Credit Suisse ocean health impact fund raises $212m

Credit Suisse has announced its impact fund addressing ocean health and engaging to create a sustainable blue economy has raised $212 million.

Credit Suisse launches 'ocean engagement' fund

Credit Suisse is to launch an engagement-focused, impact investment fund intended to improve ocean health, in partnership with Rockefeller Asset Management.

GIIN publishes Covid-19 guidance for impact investors

The Global Impact Investing Network (GIIN) has published guidance to help impact investors understand how they can best support their investees and enterprises through the coronavirus crisis.

Rockefeller Foundation considering racial equity screening of grants

The Rockefeller Foundation is examining ways it can introduce an "equity screen" on the grants it provides to help grow businesses that have a positive social or environmental impact.

US 'Opportunity Zones' not living up to impact goals, study says

The US government's Opportunity Zones economic development scheme is failing the deprived communities it was built to serve - and especially those in majority-black neighbourhoods, a report claims.

GIIN leads creation of Covid-19 response impact 'coalition'

An investor coalition has been launched that will seek to amplify the effect of impact investments in the response to the coronavirus pandemic.

Rockefeller Foundation sets $1bn low-wage investment goal

The Rockefeller Foundation is set to invest $65 million in a financing programme it says will mobilise $1 billion in private finance and help support about 10 million low-income workers in the US.