coals
2030 Finance | June 15, 2017
CalSTRS to complete its divestment from coal
The board of the California teachers’ pension fund, the nation’s second largest public pension fund voted to exit from all non-U.S. based thermal …
Lendable backs Amartha to finance Indonesia’s women-led businesses. The Jakarta-based lending platform supports unbanked women micro-entrepreneurs in Indonesia’s rural areas. It secured $10 million in credit from Nairobi-based Lendable, which lends to inclusive fintech companies in emerging markets. Amartha, which has backed more than 600,000 women entrepreneurs, could eventually tap up to $50 million through the facility.
PRI signatories are not walking the talk. The U.N.-backed Principles for Responsible Investment prioritize environmental, social and governance, or ESG, investing. Many PRI signatories, including BlackRock, Vanguard and State Street, however, vote in favor of ESG proposals less often than non-signatories to the principles, according to a Robeco analysis of more than 20 million proxy votes. One recommendation: PRI can encourage signatories to develop joint shareholder engagement policies and agendas.
Greg Wasserman, ex- of Generation Investment Management, and Sean Petersen, ex- of AI Fund, join Wellington Management as climate-focused senior investors… Biju Mohandas, previously with International Finance Corp., joins LeapFrog Investments as a partner and global co-lead for healthcare… Graham Day steps down as chief financial officer of Sistema.bio to join Spring Activator as investment director… BlackRock is hiring a director of its impact opportunities fund in New York… Prime Coalition is recruiting a director of impact in Cambridge, Mass.
ImpactAlpha, January 6 — A few of the keywords thrown around on last month’s Agents of Impact Call No. 26: accountability, electrification, institutional, …
What: The Call No. 25: Gender-smart investing for a sustainable recovery Join SME.NG’s Thelma Ekiyor, Trade Depot’s Onyekachi Izukanne, Development Partners International’s Takudzwa Mutasa, Alitheia’s Temilade Denton, …
The people and principles needed to solve the challenges of financing solar power for frontline health clinics were represented on ImpactAlpha’s Agents of …
ImpactAlpha, Oct. 1 – What got us here won’t get us where we need to go. Guidelines that govern global finance need to …
ImpactAlpha, Aug. 27 – Investors have been talking about systemic risks at least since the Great Financial Crisis of 2008. More recently, climate …
It’s long past time to get political. Impact investing, with appeal on both the left and the right, has generally steered clear of …
“It’s a great time for new entrants, but for those of us who’ve been doing this for a while it is equally urgent to raise our game right and to not get complacent,” said Margot Brandenburg of the Ford Foundation.
ImpactAlpha, Jun 24 – The action in climate action is shifting to infrastructure. Driven by falling price curves for renewables, mispriced risk, and …
ImpactAlpha, Apr. 4 – A disruptive technology has to be 10 times better than what it’s replacing. Tech venture capitalists aim to recoup …
ImpactAlpha, Apr. 30 – The first annual assessments of impact investors are coming in under the International Finance Corporation’s Operating Principles for Impact …
ImpactAlpha, February 5 – Small and growing businesses are the pillars of local economies, in both developed and developing economies. Startups are engines …
ImpactAlpha, April 14 – Don’t refer to conventional finance as ‘mainstream,’ ImpactAlpha’s David Bank said on The Call earlier this month. Call it ‘legacy …
ImpactAlpha, Feb. 25 – Philanthropic foundations tend to be cautious and slow-moving beasts. One signal of the urgency of the current moment: the billion-dollar …
Host Brian Walsh is joined by Amy Cortese to talk about the growing corporate demand for soil carbon.
Host Monique Aiken checks in with Suzanne Biegel in London to debrief this week’s GenderSmart Investing Summit.
ImpactAlpha, Feb. 10 – The broad problem of systemic bias in the asset management industry became very specific when fund manager Rachel Robasciotti pitched …
On this week’s show, host Brian Walsh engages NYU Stern School’s Tensie Whelan about corporate board leadership – or the lack of it …
ImpactAlpha, Feb. 3 – As founder of The Workers Lab, Dr. Carmen Rojas led a nonprofit incubator and investor with the tagline “building power …
ImpactAlpha, Feb. 2 – A contested election. A political deal. An historic sellout. Screech… halt… stop. The presidential election just finished had a decidedly …
ImpactAlpha, Feb. 1 – Talk about a signal. The Emancipation Proclamation in 1863 kicked off the period of systemic reform, multi-racial progress and shared …
ImpactAlpha, Feb 1 – The Reconstruction series will engage investors, entrepreneurs, activists and academics in the U.S. and around the world, as Aiken puts …
Host Monique Aiken and David Bank introduce The Reconstruction, the series of racial justice podcasts and posts launching next week on ImpactAlpha.
On this week’s podcast, host Brian Walsh breaks down creative-economy opportunities with Upstart Co-Lab’s Laura Callanan. We also listen, again, to some of …
On this week’s podcast, host Monique Aiken engaged Frontline Solutions’ Jessica Barron and Marion Johnson on the political power of women of color. …
In The Price of Inequality, the Nobel Prize-winning economist Joseph Stiglitz notes the moments in history when people rise up to say something …
With Democrats now in control of both the House and Senate, the Biden Administration has a once in a generation opportunity to “build …
As it reported its fourth straight quarterly loss yesterday, Exxon tried to deflect a growing shareholder revolt by adding an independent board member …
“Materiality is being redefined – through pressure on business from wider civil society, and through precedents established by company practice and, increasingly, regulation …
As we finally put 2020 into hindsight, the road ahead is uncertain. On the one hand, stock markets continue to thrive, and the …
Regenerative agriculture may be in vogue, but in many ways, it’s as old as agriculture itself, as practiced by our ancestors and to …
Pollution and climate change disproportionately affect communities of color. In the U.S., decades of systemic racism and economic disadvantages mean Black and Hispanic …
After years of signaling its intent to withdraw from the Paris Agreement to fight climate change, the United States made the decision official …
During Bill Clinton’s campaign for the presidency, he shared his vision of a federal government initiative that would provide $1 billion in financial …
Marcia Fudge will be the 6th Black person to lead the Department of Housing and Urban Development (HUD) since 1966, so how could …
Power is critical to Africa’s development. At least 600 million people across the continent that don’t have access to affordable and reliable power. …
Redavia Solar created a concessionary solar power program to continue attracting customers
ImpactAlpha, Feb. 19 – The former Hollywood super agent spotted a disconnect. Those green-lighting movies and TV didn’t represent the diverse audiences consuming them. …
Goldman Sachs’ commitment this week of $130 million in credit to Jackson, Miss.-based Hope was the latest, and one of the largest, shows …
ImpactAlpha, Feb. 5 – Ngozi Okonjo-Iweala has a warning for nations prioritizing self-interest in their pandemic responses: “No one in the world can be …
If putting a price on carbon is the key to getting to net-zero, Bill Winters – with an assist from Mark Carney – …
In a star-studded inauguration featuring Lady Gaga and J-Lo, the 22-year old poet stole the spotlight at president Joe Biden’s inauguration. Accolades poured …
“Welcome to the New Georgia,” proclaimed Senator-elect Raphael Warnock. “It is more diverse, and it’s more inclusive. And it readily embraces the future.” …
Earlier this week, 91-year-old Margaret Keenan in England received the first COVID-19 vaccination (yes, the second was an 81-year-old named William Shakespeare). That …
ImpactAlpha, Dec. 4 – You could almost see the tumbleweed blowing down the streets of downtown Las Vegas when Tony Hsieh launched The Downtown …
ImpactAlpha, November 20 – Follow the women… to catalyze an economic recovery and unlock trillions in new consumer spending power. Tech-enabled startups are …
ImpactAlpha, Nov. 13 – Bold leaders. Taking action. Driving impact. That’s the tagline on the snappy Agents of Impact section on the new ImpactAlpha.com …
ImpactAlpha, Oct. 30 – Two years ago, ImpactAlpha recognized Kesha Cash as an Agent of Impact for her cutting-edge investment thesis: the billion-dollar …
The board of the California teachers’ pension fund, the nation’s second largest public pension fund voted to exit from all non-U.S. based thermal …