Socially responsible investing

Individual Investors Find Their Path to Sustainable Investments in New Book

Retrieved on: 
Thursday, October 5, 2023
Investment, Republican, BlackRock, University, Head, Richard Fuller (Conservative politician), Myth, Socially responsible investing, FINRA, Vanguard, Biophysical environment, Woman, Renewable energy, Cryptocurrency, Risk management, ESG

WASHINGTON, Oct. 5, 2023 /PRNewswire-PRWeb/ --  A new book is closing the gap between those who say they want to invest sustainably and those who actually do so. While studies show that most Americans would prefer to invest their savings in sustainable funds, those same studies show that very few do, with the biggest barriers to adoption being awareness and a lack of know-how.

Key Points: 
  • It provides guidance for those interested in ESG (Environmental, Social, and Governance) investments, helping them find and evaluate sustainable funds.
  • The book also dispels myths about ESG investing and offers real-world evidence of its positive impact.
  • Interest in sustainable investments, often called "ESG" investing because of its focus on Environmental, Social, and Governance issues, is strong, with women and younger investors leading the demand.
  • However, a 2022 study from FINRA and the University of Chicago found most individual investors don't hold ESG investments because they aren't aware of them or don't know how .

TruFund Financial Services, Inc. Secures Additional $11.5 Million in Capital to Bolster Historically Under-Resourced Affordable Housing Developers

Retrieved on: 
Friday, September 29, 2023
Construction & Property, Women, Finance, Banking, REIT, Professional Services, Philanthropy, Consumer, Foundation, Morgan Stanley, Ford, Housing, The Kresge Foundation, IDF, Ford Foundation, Organization, Socially responsible investing, Investment, CDFI, BIPOC, Financial services, Renewable energy, Security (finance)

TruFund Financial Services, Inc. is proud to announce the expansion of the Impact Developers Fund (IDF).

Key Points: 
  • TruFund Financial Services, Inc. is proud to announce the expansion of the Impact Developers Fund (IDF).
  • The fund's mission is to empower real estate developers who have traditionally lacked access to capital and support from conventional sources, including BIPOC and women-owned developers.
  • Since its launch in 2020 with $26 million in initial capital from Morgan Stanley and the Ford Foundation, IDF has demonstrated its unwavering commitment to supporting developers focused on creating high-quality, affordable housing throughout the United States.
  • Since IDF’s investments were made, these developers have secured over $130 million in additional operating or project financing.

Chief Financial Officers call for greater private sector financing for the Sustainable Development Goals

Retrieved on: 
Thursday, September 21, 2023
PRI, Private sector, Paris, SDG, ENEL, Paris Agreement, United Nations, Socially responsible investing, Global Compact, Kalinga Lancers, Policy, Sustainable Development Goals, PIMCO, Education 2030 Agenda, United Nations Global Compact, Climate change, Carbon, CFOS, Global Investors Summit, European Credit Research Institute, Investment, United, Forward, UN, Chief financial officer, CFO, GISD, Sustainable development, Environment, Principles for Responsible Investment, News, Principle, SME, Renewable energy, Management

New York, United States of America, Sept. 21, 2023 (GLOBE NEWSWIRE) -- Chief Financial Officers and other key actors in the investment community gathered at this year’s SDG Investment Forum in New York to call for accelerating private sector investment and financing to deliver the Sustainable Development Goals (SDGs) and  achieve the 2030 Agenda.

Key Points: 
  • New York, United States of America, Sept. 21, 2023 (GLOBE NEWSWIRE) -- Chief Financial Officers and other key actors in the investment community gathered at this year’s SDG Investment Forum in New York to call for accelerating private sector investment and financing to deliver the Sustainable Development Goals (SDGs) and  achieve the 2030 Agenda.
  • Similarly, while private capital is abundant, only a small share is clearly aligned with the Global Goals.
  • The report underlines the key role Chief Financial Officers play in managing the risks and opportunities offered by taking action or lagging behind in the low carbon transition.
  • On the flip side, proactive action can bring a sustainable long-term competitive advantage to businesses.

Tobacco Free Portfolios Celebrates 5-Year Anniversary of the Tobacco-Free Finance Pledge at United Nations Headquarters

Retrieved on: 
Tuesday, September 19, 2023
Banking, Professional Services, Environmental Policy, Tobacco, Environmental Issues, Sustainability, White House, Federal Government, Public Policy, Other Policy Issues, Environment, Retail, Finance, Government, Acceleration, No Room, Signature, Music, PRI, Partnership, Aimco, United Nations, Global health, Nicotine, Socially responsible investing, Wellness, Campaign, Commonwealth Bank, Carbon, Culture, Pledge, United Nations General Assembly, Herbal cigarette, Tobacco industry, Foreign Affairs, Charter of the United Nations, Sale, Campaign for Tobacco-Free Kids, Ministry, Alternative medicine, Public health, Investment, United, Smoke, UN, Television, ANZ, Excellency, Knowledge, Heated tobacco product, Research, Death, Smoking, Headquarters of the United Nations, Disease, Renewable energy, Life insurance, Medical device, Health

Global health, finance, and diplomatic leaders will celebrate the progress of the Tobacco-Free Finance Pledge.

Key Points: 
  • Global health, finance, and diplomatic leaders will celebrate the progress of the Tobacco-Free Finance Pledge.
  • Given worldwide focus on Net Zero ambitions combined with tobacco’s alarming environmental impacts, Tobacco Free Portfolios encourages investors to embed ‘tobacco-free’ into Net Zero strategies.
  • It’s also estimated that the production of tobacco leads to ~5% of global deforestation and results in vast carbon emissions.
  • Her Excellency Dr Hanan Mohamed Al Kuwari, Minister of Public Health, Qatar
    “Qatar warmly congratulates Tobacco Free Portfolios for the success of the Tobacco-Free Finance Pledge.

Calvert Research and Management Expands U.S. Investment Offering

Retrieved on: 
Monday, September 18, 2023
Banking, Professional Services, Environmental, Social and Governance (ESG), Finance, CFA, Socially responsible investing, Executive officer, Face, Record, Social Security Government Pension Offset, Investment, Biophysical environment, ESG, Social, Research, Eaton Vance, Asset management, Pension fund, Financial services, Bank

Calvert Research and Management (Calvert), part of Morgan Stanley Investment Management, today announced the launch of three actively managed, equity mutual funds focused on generating competitive investment returns through responsible investing.

Key Points: 
  • Calvert Research and Management (Calvert), part of Morgan Stanley Investment Management, today announced the launch of three actively managed, equity mutual funds focused on generating competitive investment returns through responsible investing.
  • These strategies seek to invest in companies successfully managing the financially material ESG factors they face and can contribute to long-term company performance,” said Anthony Eames, Managing Director of Responsible Investment Strategy, Calvert Research and Management.
  • All three strategies invest in companies that operate in a manner consistent with the Calvert Principles of Responsible Investment.
  • * Calvert Global Equity Fund and Calvert Global Small-Cap Equity Fund are subadvised by Calvert’s affiliate, Eaton Vance Advisors International Ltd. (EVAIL).

CCV Joins Bangladesh Energy-Efficient Stove Carbon Reduction Project, Continuing to Drive the Global Green Revolution

Retrieved on: 
Wednesday, September 20, 2023
Carbon, United Nations Sustainable Development Group, Partnership, United Nations, Sustainable Development Goals, Shoulder, Socially responsible investing, Record, Woman, UNPRI, Organization, Wood, Death, CCV, Cooking, Vehicle, IAP, ESG, Heat, Principles for Responsible Investment, Health, Biomass, Environment, Air pollution, World Health Organization, Seventh, Renewable energy

Through this strategic collaboration, CCV will contribute to the ongoing development of the global carbon market and actively promote the participation of more companies and organizations in this initiative.

Key Points: 
  • Through this strategic collaboration, CCV will contribute to the ongoing development of the global carbon market and actively promote the participation of more companies and organizations in this initiative.
  • Before the project's implementation, Bangladesh widely used traditional solid fuels such as open flames or three-stone fires for heating purposes.
  • CCV, inheriting its green genes from KPCB China, has been focusing on green technology investments since its inception and has consistently incorporated ESG elements into investment decisions.
  • To date, the companies we have invested in all contribute to making the world a better place though initiatives similar to the Energy-Efficient Stove Carbon Reduction Project.

Quality Jobs Fund and Kresge Foundation Invests Millions in The 22 Fund for Climate Justice

Retrieved on: 
Tuesday, September 19, 2023
Federal Home Loan Banks, Human, Entrepreneurship, Investment, Face, LGBTQ, New World Foundation, Human services, The Kresge Foundation, Woman, Socially responsible investing, BIPOC, LOS, Fund, Renewable energy, Kresge

LOS ANGELES, Sept.19, 2023 /PRNewswire/ -- The 22 Fund, a Los Angeles-based impact early-growth venture fund, today announced $5 million and $2 million investments from Quality Jobs Fund/New World Foundation and The Kresge Foundation respectively.

Key Points: 
  • Investments will help bring back and grow U.S. manufacturing firms and jobs in underserved communities
    LOS ANGELES, Sept.19, 2023 /PRNewswire/ -- The 22 Fund, a Los Angeles-based impact early-growth venture fund, today announced $5 million and $2 million investments from Quality Jobs Fund/New World Foundation and The Kresge Foundation respectively.
  • "We created The 22 to address the lack of equity capital available to the manufacturing sector, which is the foundation of our economy," said The 22 Fund Founder and Managing Partner Tracy Gray.
  • "With our investment of $5 million into The 22 Fund, we are supporting their mission of creating tech-based manufacturing quality jobs in low- and moderate-income communities," said Quality Jobs Fund Director Noah S. Bernstein.
  • The 22 Fund meets those challenges head on while also facing some of these same challenges as a woman of color led fund founder and manager."

Hi2 Investment Management LLC selected as the winner of Best Overall Credit Fund

Retrieved on: 
Wednesday, September 13, 2023
SPC, Pressure, PRI, Principles for Responsible Investment, Socially responsible investing, Federal, Risk management, Service, Social, Global tactical asset allocation, Wang, AUM, Federal Reserve, Bloomberg, Investment, Risk, Small business, Service provider, ESG, Fund, Environment, Principle, Female, Award, Cryptocurrency, Bank, Drug, Renewable energy

NEW YORK, Sept. 12, 2023 /PRNewswire/ -- After defying market volatilities and achieving outsized returns in 2022, Hi2 Investment Management LLC (Hi2 Cayman Fund SPC - Series B SP) has been selected as the winner of Best Overall Credit Fund category by the users of Hedgeweek and Private Equity Wire.

Key Points: 
  • NEW YORK, Sept. 12, 2023 /PRNewswire/ -- After defying market volatilities and achieving outsized returns in 2022, Hi2 Investment Management LLC (Hi2 Cayman Fund SPC - Series B SP) has been selected as the winner of Best Overall Credit Fund category by the users of Hedgeweek and Private Equity Wire.
  • Powered by Hedgeweek, a leading information provider for the hedge fund community, and with fund manager data provided by Bloomberg, the Award rewards fund performance and service provider excellence within hedge fund emerging managers.
  • Winners are recommended by Bloomberg based on 2022 Calendar Year fund performance and voted by the hedge fund community.
  • Hi2 Global Private Credit Fund invests in global private credit strategies, including consumer installment loans, auto inventory backed loans, and short-term cash loans, providing a long-term and diversified fixed income portfolio.

Church Pension Group to Host Virtual Conversation on Global Faith-Based Investors and the Climate Crisis

Retrieved on: 
Wednesday, September 6, 2023
Environmental, Social and Governance (ESG), Green Technology, Climate Change, Sustainability, Insurance, Public Relations, Investor Relations, Finance, Communications, Professional Services, Environment, Religion, Environmental Issues, Science, Other Science, Consumer, Research, Learning, Socially responsible investing, Wildfire, Episcopal Church (United States), CPG, Multimedia, Climate crisis, Church Commissioners, Albourne, Climate change, Investment, Episcopal Church, EFront Alternative Investment Solutions, News, Tourism, Management

The Church Pension Group (CPG), a financial services organization that serves The Episcopal Church, announced that it will host a virtual conversation entitled, Global Faith-Based Investors and the Climate Crisis , on Wednesday, September 20, 2023 from 1:00 PM to 2:00 PM ET.

Key Points: 
  • The Church Pension Group (CPG), a financial services organization that serves The Episcopal Church, announced that it will host a virtual conversation entitled, Global Faith-Based Investors and the Climate Crisis , on Wednesday, September 20, 2023 from 1:00 PM to 2:00 PM ET.
  • Attendees will discover the connection between faith-based beliefs and sustainable investment activity that positively addresses the climate crisis.
  • View the full release here: https://www.businesswire.com/news/home/20230905525649/en/
    The Church Pension Group, a financial services organization that serves The Episcopal Church, announced that it will host a virtual conversation entitled, Global Faith-Based Investors and the Climate Crisis, on Wednesday, September 20, 2023 from 1:00 PM to 2:00 PM ET.
  • Attendees will discover the connection between faith-based beliefs and sustainable investment activity that positively addresses the climate crisis.

BuildESG Unveils Enhanced BuildRI Platform, Enabling Lenders to Seamlessly Assess Private Equity Sponsors’ Responsible Investing and ESG Integration Levels

Retrieved on: 
Wednesday, August 23, 2023
Venture Capital, Software, Data Analytics, Finance, Environmental, Social and Governance (ESG), Professional Services, Technology, Fintech, Institutional Limited Partners Association, ESG, Socially responsible investing, Principles for Responsible Investment, Principle, Risk management

BuildESG, the platform for Responsible Investment and ESG analytics in the private markets, today unveiled an expansion of its BuildRI software suite.

Key Points: 
  • BuildESG, the platform for Responsible Investment and ESG analytics in the private markets, today unveiled an expansion of its BuildRI software suite.
  • This new upgrade extends the platform’s capabilities to encompass lenders to alternative investment firms and their portfolios.
  • BuildRI provides lenders with visibility into the responsible investment and ESG processes, programs, and policies of alternative investment managers.
  • For alternative investment managers, BuildRI provides the only purpose-built digital platform to demonstrate their responsible investment program highlights in conjunction with an objective third party.