Category: CSR/ECO/ESG

Blackstone has successfully closed its latest energy transition-focused fund, Blackstone Energy Transition Partners IV (BETP IV), raising $5.6 billion—33% more than its predecessor. The fund will continue Blackstone’s strategy of investing in companies focused on cleaner, more reliable, and cost-efficient energy solutions. BETP IV has already begun making significant moves, such as partnering with Vista […]

Canada is on track to launch one of North America’s largest urban solar power projects with the Saamis Solar Park in Medicine Hat, Alberta. This ambitious 325-megawatt (MW) utility-scale solar farm will be built on a 1,600-acre brownfield site previously considered unsuitable for development due to its radioactive phosphogypsum waste. The project marks a significant […]

Goldman Sachs Asset Management (GSAM) has launched its inaugural biodiversity-focused bond fund, offering fixed-income investors an opportunity to support nature conservation efforts. The fund aims to raise between $300 million and $500 million over the next three to five years, primarily investing in corporate bonds tied to biodiversity impact. Targeting Sustainable GrowthThe Goldman Sachs Biodiversity […]

Civil society leaders gathered in Colombo, Sri Lanka, on February 26, 2025, for an Advocacy Workshop focused on the Global Goal on Adaptation (GGA) and the New Collective Quantified Goal on Climate Finance (NCQG). The event, organized by Integrated Design (INDÉ) in collaboration with the Adaptation Research Alliance (ARA), called for mobilizing $300 billion annually […]

Standard Chartered has unveiled its ambitious climate strategy, committing to net zero across all financing activities by 2050 and its operations by 2025. As the first Global Systemically Important Bank (GSIB) to receive external confirmation of its net zero targets, the bank is setting a new standard for climate action in the financial sector. The […]

CarbonQuest has raised $20 million in a funding round led by Riverbend Energy Group, with additional backing from Energy Capital Ventures (ECV) and Aligned Climate Capital. The investment will fuel the expansion of CarbonQuest’s Distributed Carbon Capture™ technology, targeting industries such as utilities, manufacturing, and data centers across North America. The company is focused on […]

The People’s Pension, one of the UK’s largest defined contribution (DC) master trusts, has significantly reduced its investments with State Street, citing climate stewardship misalignment as a key factor. This decision signals a growing divide between long-term investors and major asset managers on addressing climate change. With over £30bn in assets, The People’s Pension had […]

Blackstone has successfully closed its Blackstone Energy Transition Partners IV (BETP IV) fund at a hard cap of $5.6 billion, marking a 33% increase over its previous fund. The robust growth signals significant investor confidence in clean energy strategies and sustainable investment opportunities. The new fund aims to back companies that are accelerating the transition […]