September 15th, 2020 | by Guest Contributor
2020 has been called a defining moment to fight the climate crisis, and many tech companies are amping up their efforts to do so. This year, Apple announced that it would cut its emissions by 75 percent and become carbon neutral by 2030. Amazon made a similar pledge, saying it would become carbon neutral by 2040, and set a goal of running 100% percent on renewables by
January 29th, 2020 | by Andrea Bertoli
TCI Fund Management is the world’s best-performing large hedge fund, and it just made a big commitment to go green. Under Sir Christopher Hohn's 'radical' move for the climate, things might be changing for the better
January 15th, 2020 | by Steve Hanley
In his annual letter to business leaders, the head of BlackRock, the world's largest asset management firm, says sustainability and climate change will now be part of all investment decisions. Is this a watershed moment in the campaign to rid the world of the scourge of fossil fuels?
January 2nd, 2020 | by Carolyn Fortuna
$11 trillion in divestments! That's the grand total movement away from fossil fuels as of end-of-year
February 3rd, 2019 | by Guest Contributor
Just after Thanksgiving in late Nov 2018, General Motors (GM) announced that it was shutting down 5 factories and laying off 14,800 employees. While President Trump expressed his disapproval, the stock market approved, giving GM’s stock a modest boost. While the layoffs made headlines, many reporters, and readers, missed the prime reasons for the announced factory closures
April 29th, 2018 | by James Ayre
Many of the talking points used by those short selling Tesla's stock revolve around the idea that the company's stock is largely held by individual investors who don't understand that the company: is (permanently apparently) on the verge of collapse; is actually in need of funding that it says it doesn't need; and/or doesn't make the margins on the cars it sells that it reports it does
January 17th, 2018 | by Steve Hanley
Laurence Fink, CEO of Black Rock, an investment firm with over $6 trillion in assets under management, has written a letter telling corporate CEOs they must be socially responsible or risk losing their social license to operate.
December 7th, 2017 | by Joshua S Hill
Exxon Mobil shareholders earlier this year successfully voted to demand climate risk disclosure in a move which was widely held as a bellwether for similar moves across the sector, but a new report from Preventable Surprises has revealed that some of the largest investors in utilities are voting against climate risk disclosure, preferring private engagement over public proxy votes.
July 27th, 2017 | by Joshua S Hill
Asset manager BlackRock and solar energy firm Lightsource announced this week that they have entered into a partnership together expected to be worth £1 billion, targeting the acquisition and ownership of UK solar power generation assets, with a total target value of 1 GW.
October 7th, 2016 | by Guest Contributor
Originally published on Energy Post. By Fereidoon Sionshansi BlackRock, the world’s largest private investment fund, has announced that it will [&hellip
May 20th, 2016 | by Joshua S Hill
Norway’s foremost institute for interdisciplinary climate research has launched a new initiative pairing scientists with leading investors to better explain [&hellip
November 4th, 2015 | by Smiti
The prospects of spectacular growth in the global green bonds market has attracted more and larger investors. The latest large investment [&hellip