Corporate Impact
Climate and Clean Tech | March 4, 2021
Chicago-based venture funds aim to bridge funding gaps for overlooked founders
ImpactAlpha, March 4 — Three-quarters of the record $130 billion in U.S. venture capital funding last year went to startups in California, New …
Conservation | March 3, 2021
Net-zero means water, too, for corporations serious about climate risk
ImpactAlpha, March 3 – Investors and customers are pushing food, apparel, energy, chemicals, pharmaceuticals, and mining companies to address water security along with …
ESG | March 3, 2021
Principles for Responsible Investment will push signatories to vote their, uh, principles
ImpactAlpha, March 3 – The “voluntary and aspirational” PRI will beef up minimum standards for its 3,700 signatories. The move comes in the …
Chevron Thailand Offshore oil and gas production platform. Photo credit: Kullit Kuekkong
Climate and Clean Tech | March 2, 2021
Chevron’s venture arm stands up $300 million low-carbon tech fund
ImpactAlpha, Mar. 2 – Chevron’s venture arm has launched a $300 million low-carbon tech fund. Future Energy Fund II is the oil and gas …
Dealflow | February 25, 2021
Humankind Investments launches ‘social’ ETF
ImpactAlpha, February 25 – A new exchange traded fund from Humankind Investments focuses on the “S” of environmental, social and governance, or ESG, investing (see, …
2030 Finance | February 24, 2021
Ikea-backed foundation invests in fossil fuel-free equities and green steel
ImpactAlpha, February 24 – The IMAS Foundation, launched by Ikea’s founder, is committing €250 million to a fossil fuel-free public equities fund developed by …
Clean Energy | February 22, 2021
Vestas Ventures backs Modvion to create wooden wind turbines
ImpactAlpha, February 22 — Vestas, a Danish manufacturer, seller and installer of wind turbines, recently launched a corporate venture capital arm to invest …
Dealflow | February 18, 2021
Carlyle Group secures ESG-linked credit tied to board diversity goals
ImpactAlpha, February 18 — Carlyle Group has secured a $4.1 billion line of credit from a consortium led by Bank of America. The …
Mark Carney and Jeffrey Ubben
Clean Energy | February 16, 2021
Mark Carney and Jeffrey Ubben take aim at net-zero opportunities with multi-billion dollar fund raises
ImpactAlpha, Feb. 16 – Two blockbuster funds are targeting the “greatest commercial opportunity of our age,” as Mark Carney, former Bank of England …
Dealflow | February 11, 2021
Colin Kaepernick teams up with The Najafi Cos. to form a SPAC
ImpactAlpha, February 11 — Former NFL quarterback and civil rights activist Colin Kaepernick is teaming up with a private equity firm founded by …
Golden coins with bitcoin symbol on a mainboard.
Corporate Cash | February 10, 2021
Bets Elon Musk might have made beyond Bitcoin
ImpactAlpha, Feb. 10 – Corporations are sitting on a collective $4 trillion in cash, fueled by tax cuts and low-cost borrowing. How they …
ESG | February 8, 2021
Tale of two markets: Public-markets ESG funds roar, private-market impact funds struggle
ImpactAlpha, Feb. 8 – Investors continue to pour billions into sustainability-themed stock funds, making “ESG” one of the hottest trends in asset management. But …
ESG | February 3, 2021
Redefining materiality (again) to transform the role of business in society
“Materiality is being redefined – through pressure on business from wider civil society, and through precedents established by company practice and, increasingly, regulation …
Climework's 'Orca' carbon cature plant in Iceland is expected to begin operating later this year.
Climate and Clean Tech | February 2, 2021
Microsoft emerges as a major customer for captured carbon
ImpactAlpha, Feb. 2 – The software giant paid an average of $20 per ton for up 1.3 million metric tons of carbon removal …
Conservation | February 2, 2021
Robert Downey Jr.’s FootPrint Coalition launches sustainability ‘rolling funds.’
ImpactAlpha, February 2 — Sustainable investing is hot. Possibly hotter: Rolling funds. Rather than requiring a fund manager to raise a full fund …