Tag: Impact News
Vanguard Says SEC Guidance Won’t Change Its Operations
Some asset managers like Vanguard say an SEC guidance regarding proxy advisor firms won't affect their business. SEC guidance asks asset managers to...
Blue Nile Dam Promises Higher Living Standards and Clean Power, While...
Ethiopia is building a dam to generate cheap hydroelectric power, frustrating Egypt’s attempt to guarantee its water supply. The prospect of cheap electricity...
‘Nature-Positive’ Task Force Plans to Help Companies Value Environment
“Nature-positive” task force believes businesses benefit from an approach that values nature and humans, too.Over half of the world’s economic output is...
SolarX Raises First Round of Capital for Expansion in West Africa
SolarX, a West African renewable energy equipment provider, raised its first round of capital this year. About 57% of the continent’s population does...
Doctor’s Fight Against Genital Cutting Earns Him Mandela Prize
Dr. Morissanda Kouyaté was awarded the 2020 Mandela Prize by the U.N. for his work fighting against harmful practices against women.An estimated...
Offshore Wind Proves Impervious to COVID-19 as Global Capacity Grows
Offshore wind capacity is growing even as the pandemic-induced downturn crushes energy demand.Sea-based power should grow by a record 6.6 gigawatts of...
Charities’ Reliance on Billionaires Grows as Giving Pledge Marks 10 Years
Philanthropies are growing more dependent on a small number of billionaire donors. The Giving Pledge debuted 10 years ago to encourage the world’s...
HSBC Launches ESG Reporting Service Amid Growing Calls for Sustainable Investments
HSBC launched an ESG reporting service for clients.Move comes as financial institutions are offering more ESG-related products to cater to growing interest...
Brazilian Lab Makes Biofuel From Waste Cooking Oil and Old Batteries
Scientists create biofuel using waste from used cooking oil and lithium batteries.Innovative ways to create biofuels are seen as growth area for...
Mandela Prize Laureate Urges Free Access to COVID-19 Vaccine
Marianna Vardinoyannis was awarded the 2020 Mandela Prize by the United Nations. She is being recognized for her humanitarian work, including expanding access...
India’s Shift to Renewable Energy Driven by Lower Costs
Indian corporations are increasingly shifting to renewable energy sources because they are often the cheapest power sources. India now the world’s second-largest market...
Actis Profits From Building Green While Bringing Power to Millions
Actis is finding profits developing a green shopping mall and bringing power to millions in Cameroon, something it’s repeating throughout Africa, Asia...
Airbnb’s Chesky Says Principles Will Guide Company’s Recovery
Airbnb CEO Brian Chesky says the travel tech company lost 80% of its business in six weeks as the coronavirus pandemic crushed...
Next-Gen Nuclear Reactors May Help Combat Climate Change
Advances in nuclear technology will result in safer, cheaper reactors, allowing the sector to play a major part in the transition to...
No Free Lunch: AXA Sees Costs in Ignoring, Battling Climate Change
AXA’s latest climate report lays out financial losses caused by floods, storms and extreme temperatures, and discusses costs of transitioning to greener...
Top UN Diplomat Says World Should Work Together to Fight COVID-19
Tijjani Muhammad-Bande, President of the United Nations General Assembly, says cooperation is still the best solution to tackle the pandemic affecting the...
Closed Loop Fund Hits Phase 2 as 3M, Coke, Others Roll...
Closed Loop gets vote of confidence from Fortune 500 consumer brand backers, as they opt to keep capital in a pool available...
While Everyone’s Talking Diversity, Is Anyone Telling Us What It Means?
A recent push to broaden workforces focuses on people of color, and may downplay women, older workers and those with disabilities who...
Investors Slam SEC Proposal Allowing Most Hedge Funds to Keep Holdings...
Investors are “disappointed” in a proposed rule change by the SEC that allows most hedge funds to keep some equity holdings secret,...
Lab-Made Food: Will It Catch On?
Lab-produced food sales gain as health and sustainability concerns grow.Perfect Day, which produces dairylike products in a lab, recently raised $300 million...
Upward Farms Raises $15 Million to Meet Growing Demand for Local...
Upward Farms, an indoor agriculture company, raised $15 million to boost its operations. Vertical farming companies are booming amid the COVID-19 outbreak, which...
Chevron’s Play for Noble Energy Means More Fracking, Activists Say
Environmental activists criticize Chevron Corp's $5 billion play to buy Noble Energy, saying the deal will boost the company’s production of fracked...
‘Temperature Ratings’ Estimate Effectiveness of Companies’ Climate Change Plans
New measurement for a company’s expected global warming impact may help investors. CDP ‘temperature ratings’ tool lets investors weigh a company’s impact on...
Nature-First Recovery Would Spark $10.1T in New Business, WEF Says
Recovery from COVID-19 focusing on positive environmental changes would create $10.1 trillion in business opportunities, World Economic Forum says. Transition would require $2.7...
Loop Industries Hopes to Revolutionize Plastic Recycling
Loop Industries says it has come up with a solution for how to better recycle plastic waste. Only 10% of all plastics produced worldwide...
Coronavirus Threatens Progress in AIDS Fight
COVID-19 threatens to reverse some of the progress made in fighting HIV, tuberculosis and malaria, speakers said at the 23rd International AIDS...
U.K. Pensions May Focus on Climate Change, While U.S. May Limit...
While the U.K. moves to ask retirement funds to disclose their portfolios’ carbon footprint, U.S. authorities may limit pension plan managers’ ability...
Google Bets $10 Billion on India’s Economic Recovery
Google will invest $10 billion in India’s tech sector, with nearly half going to telecoms giant Jio Platforms. Google joins a growing list...
As OPEC Eases Oil Cuts, Renewable Energy Investments Remain Steady
As OPEC and external allies such as Russia move to ease steep cuts in production on the back of expectations of a...
Quantum Computers, Harnessed to Solve Climate Change, May Be on the...
Quantum computers will help the chemicals industry discover new fertilizer production chemicals to replace a 100-year-old process and lower CO2 emissions. New quantum-generated...