ESG
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 …
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 …
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 …
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 …
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 …
Dealflow | January 21, 2021
Two Sigma Impact and BayPine invest in workforce educator Penn Foster
ImpactAlpha, January 21 – Hedge fund Two Sigma launched its nine-figure impact investing initiative from its own balance sheet to prove the correlation between …
ESG | January 11, 2021
Biden’s nominee for secretary of labor is a champion of ESG investing in Boston
ImpactAlpha, January 11 – The Department of Labor in the Trump administration has issued a series of rules hostile to consideration of environmental, social …
ESG | December 18, 2020
Looking Ahead: Investors, asset managers and, yes, corporations, set their sights on impact outcomes in 2021
ImpactAlpha, Dec. 18 – The COVID-19 pandemic revealed global financial systems as one disruption away from disaster. If the markets’ legacies of shareholder …
Adasina's Rachel Robasciotti
Dealflow | December 15, 2020
Adasina launches ETF of public equities screened for social justice values
ImpactAlpha, Dec. 15 – Financial activism firm Adasina Social Capital has launched the Adasina Social Justice All Cap Global ETF (NYSE: JSTC) on the …
ESG | December 8, 2020
There’s a new impact sheriff in town: activist hedge funds
ImpactAlpha, December 8 – Environmental and social laggards beware. A growing set of hedge funds are redefining “activist shareholder” to mean pressure for …
ESG | November 30, 2020
Updating investment ‘exclusion lists’ for deeper social and environmental impact
ImpactAlpha, Nov. 30 – Cluster bombs and hazardous chemicals. Tobacco and firearms. Child labor and corruption. “Exclusion” lists have for decades helped investors keep …
Democracy and Power | November 25, 2020
How to stop ‘astroturf’ campaigns and the spread of misinformation
That the network of trade associations and advocacy groups blocking meaningful action on climate change was bankrolled by fossil fuel interests comes not …
Agrifood Tech | November 19, 2020
“Pandemic risk” spurs investors to press food producers for changes
ImpactAlpha, Nov. 19 – Factory closures. COVID hotspots. Worker lawsuits. Investors in the world’s largest meat, fish and dairy companies were unprepared for factory …